The key resistance level in bitcoin is 58.283. Most likely, we will see a bounce from this level and going into a local correction, which will not change the main upward direction. Altcoins: We highlight TRON and HIVE as the most promising coins to develop a sustainable rising trend. (the idea is confirmed by local growth impulses) We also see high growth...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (22.66). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XAGUSD 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 (1765.5). . 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 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 (1.315). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . MATICUSDT 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 a possibility of temporary retracement to the suggested support line (22.470). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XAGUSD 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...
USDINR has broken out of range after about 20 days. Good Volume candle Chart pattern - Triangle Break out Bull put Spread strategy for next few weeks...
On the weekly USDINR chart, there is a symmetrical triangle kind of a formation. It has taken about 20 months to form on the chart. This pattern could break on either side. My bias would be on the long side because the overall trend on the weekly and the monthly chart looks definitely bullish. But I would be open to re evaluate the scenario if it breaks the...
USDINR have gone up . But, a retracement is pending before speeding up . wait to touch back74.30 zone(yellow line)
Our expectations regarding the formation of a false breakdown are confirmed by the impulse growth. At the moment the price is consolidating before the continuation of the ascent of quotations, investor sentiment is at neutral levels. The key resistance will be at 5.579.000, its overcoming will open the way to the new targets. Altcoins: We highlight TRON and HIVE...
Note: This is for educational purpose only. Please do not trade in F&O based on this analysis. There seems to be a bearish reversal from supply zone. Low of current candle is lower than that of previous candle. SL: ₹ 74.70
ETH/USD retraced back to its Fib Retracement Golden zone (61.8%). Price is breaking above a trend line and the 3200 resistance level. Next target level is around $4400 and $4950.
usdt.d 30m / / mid term analysis #usdt.d #btc #btcusdt
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.08887). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . VETUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is below the 21-Day WEMA, which acts as a...
1. USDINR have move upward Darvas box . 2. Momentum indicators are in +ve zone 3. rising crude price may push dollar up.
As we can see on the H4 DXY chart on the side, the dollar index price is still looking for a foothold in this consolidation area to try to advance further.........
Usually a massive downward movement results in a spring like rebound but when price breaks down a key level and two massive supports i.e. the 50EMA and 200EMA, the psychology overtakes the physics. Monday would be crucial in determining the next levels. It would be the right move not to take long positions unless it moves above the 200EMA. If the rsi peeks into...
Zig-zag shaped correction from 07.09.2021 - 21.09.2021 with a high probability ended with a false breakdown from the level of 43.000$, the pessimistic sentiment on the price lows confirms this idea. Further we expect a hike to the $50,000 level with further overcoming it. Altcoins: We highlight TRON and HIVE as the most promising coins to develop a sustainable...
usdjpy sell setup found market for usd japy has more showing sell nature with resistance and zone and showing double top neck line break than its good to sell usd jpy