Fantom: Ready or not?FTM fell back to the upper edge of our magenta Target Zone ($0.7680 – $0.5047) last week and ran sideways above this level. Primarily, we continue to grant the coin the opportunity for a deeper dive into our range in order to reject the low of the magenta wave . Only then should it turn around and rise above the resistance at $1.22. Should this level be exceeded earlier (37% likely), however, we will have to place the price in this uptrend now.
Chartanalysis
THIS BTC CONFIRMATION CAN GET BTC TO 75KBTC looks interesting over the next time frames and it can show more increase. That's why we're keeping an eye on Bitcoin at this moment.
$68540 is a key confirmation zone. this level has already a confirmed, there's a high chance it could reach $75K - in the long term, and hype times can make the coin to the target faster.
Remember, there are no guarantees in the market. Always follow a consistent system based on your strategies and analysis.
Good times, everyone.
This update is not trading or financial advice.
Hang Seng Index: Home Stretch 🏁The HSI has risen slightly since Friday, which we interpret as part of the internal substructure of the turquoise wave 4. We therefore expect further sell-offs. However, it is not far to our turquoise Target Zone between 18,341 and 17,899 points. Within this range, the index should place the low and turn upwards. Subsequently, a determined rise above the resistance at 19,772 points is on the agenda, which completes the magenta-colored wave (1). Accordingly, long positions could be opened within the Zone, with stops placed around 1% below the lower edge. Should the price fall significantly below the lower edge, this will set in motion our 38% probable alternative scenario, which implies further setbacks with the magenta wave alt.(ii).
Gold: Do not slacken! 🥱Gold could not yet gain significantly more upward momentum. Therefore, we still consider it 40% likely that the precious metal will drop directly below the support at $2285, thus confirming an already established high of the turquoise wave alt.B. In this case, our turquoise Target Zone would not be reached anymore. Primarily, however, we stick to our expectation that Gold will rise into our turquoise Zone between $2510 and $2631 to place the top of the regular wave B there.
Ethereum: Ready or Not? ⌛In the Ethereum Chart, our alternative scenario, which will be activated on a break above $4091, now carries a high probability of 42%. However, as long as the price remains below this level, we must continue to expect a descent into our green Target Zone (between $2807 and $1813) first.
xauusd new update and signalstwo days before we have published a chart showing potential movement of xauusd and its possible downward tends and upto what level it will fall. we have explained that if it breaches 2407 then it may fall to 2376
bullish targets: 2440
2433 done
2427 done
2421 done
2413 done
bearish targets : 2401 done
2397 done
2396 done
2391 done
2383 done
2376
we pin that previous charts also here.
like share follow us for more results
Bitcoin: So close 🤏Bitcoin established a new local high yesterday morning at $71,281 before retreating slightly lower. Despite the recent price increases, we must primarily continue to assume that the price will once again sell off into our green Target Zone ($58,655 - $47,012). Once the low of wave 4, which is also in green, is placed there, we see the price sustainably surpassing the resistance at $73,462 and thus reaching new all-time highs. However, our alternative, which calls for a direct move above this mark carries a probability of 48%. In this case, the low of the interim correction will already have been set with the last dip into our Zone.
Gold Full analysis first buy Zone (2397-2390):
This zone is where you expect the price to decline.
It corresponds to the 0.382 Fibonacci retracement level.
Consider this area as a potential buying opportunity.
Strong Buy Zone (2377-2370):
This zone is even more favorable for buying.
It provides a stronger support level.
Look for buy opportunities when the price reaches this range.
Airbnb: Downhill 🏂Airbnb shares should approach our turquoise Target Zone between $129.45 and $106.12 before placing the low of the magenta wave (2) there. Subsequently, it should turn around and rise above the resistance at $170.05. Should the price exceed this resistance now (33% likely), we will already see it in the magenta-colored wave alt. (3).
BTCUSD recent market outlookbtcusd was touched the all time high based on its halving news, but currently the crypto coin is in a state of confusion either should it persume its journey to 100k or should bounce back to 50k area.
currently the support and resistance are as follows
resistance 67400 and 67800
if broken it will fly to 69000
support 66800 which is a strong support and break below will take bitcoin to 64000
OIH: One Last Climb 🧗The OIH is currently working on green wave 2, which should extend to our same-colored Target Zone (between $335.63 and $353.32). Within this range, the price should complete a reversal and then gradually trend downwards. This Zone can therefore be used to open any short trades. Stops could be placed 1% above the zone. The end of the orange wave III should only be reached below the support at $250.69.
EURUSD BUY | Idea Trading AnalysisEURUSD is moving in an ascending channel.
The chart broke through the dynamic resistance, which now acts as support.
We expect a decline in the channel after testing the current level.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity EURUSD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
Cardano: Bottom Formation? 🌱Theoretically, the current sideways movement could already be a bottom formation, meaning that the price will soon take off to the upside. However, we will only be convinced of this scenario (25% likely) if the resistance at $0.81 is breached. Primarily, we believe that there should be a setback before the low of magenta wave (ii) is placed.
Bitcoin - The halving breakout!Hello Traders and Investors, today I will take a look at Bitcoin.
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Explanation of my video analysis:
On the Bitcoin chart there are actually only three lines which you need to draw: First you have a horizontal structure at $16.000 which Bitcoin perfectly broke towards the upside with the last cycle in 2020. Furthermore Bitcoin is creating an ascending trendline - always rejecting towards the upside - and there is also a horizontal structure at the $67.000 level. Just don't get caught up in the short term moves.
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Keep your long term vision,
Philip (BasicTrading)
possible Head & shoulder patternthere is a possibility that nifty smallcap 250 can for a head and shoulder pattern here, which can bring it down by total of 11%, and 7.7% after the formation gets completed. It is very likely that the market will not complete this pattern, but just for awareness and availability of different perspective I wanted to post about it.
also, please do not take any decisions too quickly based on this as patterns are for very short term but in the long term I'm still very bullish on the midcap and smallcap index.
Bitcoin: Ready or not? 🤔The price of Bitcoin is currently making another attempt to rise. However, we are sticking to our primary assumption that our same-colored Target Zone (coordinates: $58,655 - $47,012) should be reached first as part of the green wave 4. As soon as the low is established, the price should then rise above the resistance at $73,462. If this level is exceeded earlier, we will have to locate the price in the green wave alt. 5 now.