Hello. As you can see, Bitcoin failed to break the Ascending triangle in its last attempt, and now it is making a fourth downward wave based on Elliott , and than we have to wait for Bitcoin's rise. 👀To motivate me ,Like ❤️ & Share 🌐 this post with your friends ! Thanks for your support ♥️ ⚠️Things can change... The markets are always changing and even with all...
FX:XAUUSD is growing and testing local descending resistance. Growth is associated with the decline in the dollar index on the background of Powell's comments. Ahead of the news on inflation... Technically, on H4 the price overcomes the correction phase and returns to the bullish rut, testing the local maximum. Bulls are focused on consolidation above 2350. If...
FX:EURUSD is heading towards trend resistance with interest. This is also supported by the weak dollar, which is standing still. But, the currency pair is still in a bearish trend Buyers are trying to strengthen the euro. On D1 a consolidation format of movement is formed. In this case, the pair may test the trend resistance, but it will be difficult to break...
The Dollar Index is experiencing a slight downward trend, with the price consolidating in a descending triangle pattern. The neckline of this pattern is between 105.09 and 104.88, which has been a major horizontal structure. If the price breaks below this level and closes on a 4-hour chart, it is likely that the market will continue to decline. The first target...
FX:USDCAD is declining on the back of a weak dollar index and breaking the support of the descending triangle, which generally allows bears to dominate the market. The price may go down to 0.355 The uptrend is not broken, a correction is forming after a retest of resistance. A descending triangle is forming on the chart as the dollar index is starting to show...
Gold created an ascending triangle pattern following a test of a horizontal support level on a 4-hour chart last week. The pattern had a strong horizontal key level as its neckline, which was successfully broken and closed above last week. I anticipate that the market will experience upward movement in the near future, with potential targets at 2360 and 2380.
Hello traders, I want share with you my opinion about Binance Coin. Observing the chart, we can see that the price in a short time rose to the resistance level, which coincided with the seller zone, and soon broke this level. After this, the price rose to 627 points and then made a strong impulse down to 508 points, thereby breaking 600 and 547 levels. After this,...
BINANCE:SFPUSDT shows a beautiful bullish picture. An interesting coin that has been accumulating potential for two years and currently shows bullish prerequisites for a possible growth or even a rally. The coin continues to push towards 0.8137, a liquidity area that plays a key role in the market. Consolidation continues, but based on the overall situation,...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some days ago price declined to support line and at once made upward impulse to $2280 support level. Then price broke this level and in a short time rose to $2430 points, breaking $2375 resistance level too. After this, price started to decline inside triangle,...
Reasons for bullish bias: - Descending triangle breakout on a weekly - Entry at LH breakout Here are the recommended trading levels: Entry Level(CMP): 28.67 Stop Loss Level: 16.22 Take Profit Level 1: 37.83 Take Profit Level 2: Open
Hello Traders and Investors, today I will take a look at Alibaba . -------- Explanation of my video analysis: Almost a decade ago Alibaba stock retested a strong support at the psychological $60 level and reversed significantly towards the upside. Just a couple of months ago Alibaba stock once again retested this support and created an anticipated reversal....
BINANCE:ETHUSDT is forging a retest of the key support area. On the background of NFP publication, the coin grows following the flagship - BTC and tests 3130. We are waiting for a retest of 3200. An interesting promising candlestick pattern is forming on W1 on the background of the retest of the key support, which is the resistance of the previously broken...
Hello Awesome Traders! I trust you had a rejuvenating weekend and are geared up for the exciting trading opportunities the new week has in store. Let's dive right into USDJPY, where a compelling setup awaits our attention. USDJPY has formed an ascending triangle pattern on its weekly chart, signaling a potential bullish move. The recent breakout above the...
#DOGE Descending Triangle Formation in 1D Timeframe✅ In Case of Breakout, Expecting Bullish Wave. 📈 - High volume area 0.14954. - Wait for a breakout with huge volume. - Take confirmation of RSI Divergence. #DYOR
In fact, everyone should have noticed that the market this week is too boring. Gold currently continues to fluctuate in the range of 2320-2307. This gives many people who trade gold a headache. So what will be the short-term trend of gold? This is a point of concern for many gold traders. Combined with the picture above, the market is currently in the stage of...
Reasons for bullish bias: -Price is moving in an Ascending triangle on weekly - Trendline support - Price bounce from support - Positive Earnings - TP till major Resistance Here are the recommended trading levels: Entry Level(CMP): 59.99 Stop Loss Level: 56.98 Take Profit Level 1: 63 Take Profit Level 2: 67.65 Take Profit Level 3: 74.34
Price has been making its way up and formed what appears to be an ascending triangle on the 4 hour / daily. Suggested TP1 and TP2 set via height of triangle. Breakout of the triangle is supposed to be final third so potential on this attempt.
We can attempt to buy DCL from specified level as it is trading in ascending symmetrical triangle pattern (continuation pattern ) , also there is no bearish divergence at current levels. SL , TP mention in chart.