The inverse head and shoulder chart pattern is part of technical analysis. Support level of XAGUSD is 23.07, if it is break down then you will see downtrend in this chart pattern. Target will be 15-20 points.
In XAUUSD, this double bottoms xauusd chart pattern formation is an early warning signal that can reversal of bearish trend. Double bottom formation is pattern when bullish mode is going to start. Once double bottom formation in xauusd is confirmed then xauusd market considered to be bullish phase.
USDINR ANALYSIS 👉 For long, it was facing resistance near 83 levels. 👉 Trading above 83 this week and holding up. 👉 If this week closes strongly above 83, we can see more sell-off in Indian equities.
Closing Above 50 Ema and candles with high volume NSE:GREENPANEL
The price of BTC/USDT has been dumped by -1.05% in the last 24 hours. Bitcoin is shown in the bearish mode & it will touch $24000 in 2023 and in bullish mode it will touch the $38600 in 2023. The previous All Time High was on 10th November 2021 where BTC was priced at $69,045. It has moved by 17.54% in the past week and it currently at $30000 approximately....
1) TRX could hit $0.088 in 2023 2) TRON’s price prediction for the most bearish scenario will value TRX at $0.057 in 2023 3) TRON’s previous All Time High was on 5th January 2018 where TRX was priced at $0.23 4) To simplify the latest TRX price prediction, we have divided up the prediction by short term TRON price prediction and long term TRON price prediction....
ANTICIPATION OF FED DECISION The Federal Reserve is meeting this week to decide on a potential interest rate hike. While analysts agree that the central bank will maintain its rates for the first time since March 2022, investors are focused on the tone of the announcement. If the Fed hints at further rate hikes later in the year, as many predict, oil prices could...
XAUUSD Technical Analysis Strong support: 1939 / 1914. Strong resistance: 1954 / 1965 Gold is testing sideways range support and several scenarios could develop from here. You have to be prepared for each one. It is forming a triangle pattern. A decline in the dollar will strengthen our gold. The moving averages indicate that consolidation is forming. If...
Solana, SOL could hit $6.59 in 2023 Solana’s price prediction for the most bearish scenario will value SOL at $16.03 in 2023 Solana’s previous All Time High was on 7th November 2021 where SOL was priced at $259.96 Solana’s price at the same time last week was $20.57. It has moved by -3.91% in the past week and is currently at $20.04. Infact, in the past 24 hours,...
BTC could hit $45022.18 in 2023 Bitcoin’s price prediction for the most bearish scenario will value BTC at $21516.80 in 2023 Bitcoin’s previous All Time High was on 10th November 2021 where BTC was priced at $69,045 Bitcoin’s price at the same time last week was $26911.81. It has moved by -1.78% in the past week and is currently at $26,896. Infact, in the past...
VOLUME : The transaction volume on Polygon’s reached 14,780. The decline in activity on the Polygon protocol could impact MATIC as well. At press time, however, Polygon’s usage and MATIC’s price were not directly co-related. RESISTANCE LEVEL : The resistance level of $1.056 on 26 April, MATIC’s price fell by 19.43%. MATIC was trading at $0.851. Its RSI had...
BNB’s price at the same time last week was $307.79. It has moved by 1.24% in the past week and is currently at $308.85. Infact, in the past 24 hours, BNB has dumped by -1.70%. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and BNB could hit $490.92 in 2024. The total circulating supply of BNB as of...
The $315 and $300 levels of resistance and support respectively have been important on the lower timeframes. Over the past 48 hours, BNB has declined from the local highs at $316.3 to trade at $308.5, at the time of writing. On the 6-hour chart, the RSI was unable to climb above neutral 50, showing the persistence of the bears. Over the past week, the trading...
(PEPE’s price has dumped by -0.48% in the last 24 hours) 1) Pepe’s price at the same time last week was $0.0000019. It has moved by -16.36% in the past week and is currently at $0.0000016. Infact, in the past 24 hours, PEPE has dumped by -0.48%. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and PEPE...
A long strangle gives you the right to sell the stock at strike price A and the right to buy the stock at strike price B. The goal is to profit if the stock makes a move in either direction. However, buying both a call and a put increases the cost of your position, especially for a volatile stock. So you’ll need a significant price swing just to break even. The...