Technical situation in bitcoin is still uncertain, but at the same time we believe that correction from April 2021 is coming to the end. Buy entry tactics looks logically justified as at the moment there is an impulse movement, which gives us a reason to expect the continuation of the recovery (cancellation of the scenario of the exit below 34300). Plus, the...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1902.4). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XAUUSD is in a range bound, and the beginning of a downtrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Cup and Handle are visible and possible movement is portraited.
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (0.9191). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDCHF is in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which acts...
EUR/USD isat supply zone and now its forming BAT patten so expecting sell trend
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.7726). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XRPUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
Midterm forecast: 1874.88 is a major support, while this level is not broken, the Midterm wave will be uptrend. We will close our open trades, if the Midterm level 1874.88 is broken. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. A trough is formed in daily chart at 1780.20 on 01 /28/2022, so more gains to...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (41034.89). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (115.25). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDJPY is in a downtrend, and the continuation of the downtrend is expected. . The price is above the 21-Day WEMA, which acts...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (2987.56). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ETHUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (10.50). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XVSUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (53.89). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . LUNAUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (118.5). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ZECUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (53.08). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . LUNAUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (79.59). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AVAXUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (2904.46). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ETHUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
With high probability there will be a false-break from the level of 42700 and quotes will move in the ascending direction. We believe that at this stage, the growing momentum and correction from April 2021 is completed, fixing above 43000 will confirm this idea. Further we will monitor the situation as there will be a probability of local pullbacks (which will...