Midterm forecast: While the price is above the support 21.90, resumption of uptrend is expected. We make sure when the resistance at 26.00 breaks. If the support at 21.90 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: The RSI downtrend #1 is broken, so the probability of resumption of uptrend is increased. A...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (22640). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSDT is in an uptrend and the continuation of 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 suggested support line (1.221). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURUSD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (20100). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSDT is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.756). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDUSD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...
Midterm forecast: While the price is above the support 1764.25, resumption of uptrend is expected. We make sure when the resistance at 1875.15 breaks. If the support at 1764.25 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI resistance #1 at 62 is not broken, the probability of price increase would...
Midterm forecast: 1.1970 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. A trough is formed in daily chart at 1.1600 on 11/04/2020, so more gains to resistance(s) 1.2165, 1.2330, 1.2555 and more heights is expected. Price is...
Midterm forecast: While the price is above the support 103.15, beginning of uptrend is expected. We make sure when the resistance at 106.00 breaks. If the support at 103.15 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: While the RSI resistance #1 at 57 is not broken, the probability of price increase would be...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (18513). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSDT is in a range bound and the beginning of 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 suggested support line (0.75). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDUSD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
After analyzing the chart, I came to the conclusion that the trend of the uptrend in BTCUSD will continue to move towards the renewal of the historical maximum, as well as consolidation higher with subsequent growth. There are 3 trend lines on the chart: 1. The purple trendline is a mirrored trendline of both support and resistance, giving us insight into the...
Price action movement suggest that Pound against Dollar may go short upto atleast till 1.32800 area, or further , inspite of long term bullish view, analysis given for only this week, only for education purpose...
Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (19074). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSDT is in a range bound and the beginning of downtrend 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 suggested resistance line (1.3405). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPUSD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
Midterm forecast: While the price is above the support 21.90, resumption of uptrend is expected. We make sure when the resistance at 26.00 breaks. If the support at 21.90 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A trough is...
Midterm forecast: While the price is above the support 7.2675, resumption of uptrend is expected. We make sure when the resistance at 8.5750 breaks. If the support at 7.2675 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: The RSI support #1 at 57 is broken, so the probability of resumption of uptrend is...
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