Key Levels - Support Zones: - $96,500 (critical short-term and intermediate support). - $94,000 (secondary support if $96,500 breaks). - Resistance Zones: - $98,500 (short-term resistance). - $99,000-$100,000 (key psychological barrier). - Above $100,000, the next target aligns near $105,000. Summary and Strategy...
Overview: - Bitcoin has experienced significant volatility, with a sharp decline from recent highs near $103,000 followed by a partial recovery. Currently, the price is consolidating below the $98,000 resistance level, signaling indecision in the market. Key Levels to Watch: - Resistance: - Immediate resistance at $98,000. - A stronger...
XAU/USD Multi-Timeframe Analysis - 15-Minute Chart (Intraday Perspective): - The 15-minute chart highlights a series of Breaks of Structure (BOS) and Change of Character (CHoCH), signaling dynamic shifts in short-term momentum. - The latest CHoCH at the top suggests a potential exhaustion in the upward move, with sellers gaining temporary control. -...
BTC/USD Multi-Timeframe Analysis - 15-Minute Chart (Intraday Perspective): - The 15-minute chart displays a series of Breaks of Structure (BOS) and Change of Character (CHoCH), indicating frequent shifts in market momentum. - Recent price action has shown a bullish CHoCH, signaling potential short-term upside momentum. The higher lows forming...
Market Overview: Crude oil (USOIL) is currently facing resistance near the $69.36 level on the 15-minute timeframe. After a sharp recovery, the price is showing signs of exhaustion with bearish rejection candles forming at this key resistance zone. This suggests that sellers may regain control, potentially driving prices lower toward the next support level at...
XAU/USD: Bullish Momentum Building Toward Key Resistance at $2,670 Gold (XAU/USD) is showing signs of recovery on the 1-hour timeframe after rebounding from recent lows near $2,620. The price is currently trading within a key resistance zone between $2,660 and $2,670, where buyers are testing the strength of bearish pressure. A breakout above this zone could pave...
Technical Overview: This BTC/USD chart highlights significant Change of Character (CHoCH) and Break of Structure (BOS) levels, indicating potential bullish momentum. Price is currently testing a key support zone, offering a possible entry for a long position. Key Levels: - Entry Zone: $98,100 - $98,200 (Buy near this support zone after confirmation of bullish...