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FXS/USDT bullish horizon ascending channel? 🚀FXS Analysis💎 Paradisers, focus on #FXSUSDT as it climbs within an ascending channel, primed for an impactful surge from its demand zone 💎 #FLAXSHARE has recently hit a wall at $8.346, triggering a pullback. From the support of the ascending channel and having gathered downward liquidity, it's now showing robust momentum marked by striking green candles, hinting at a forthcoming leap over resistance. Keeping up this pace could ignite a notable bullish rally, breaching critical resistance points. 💎 In the ever-evolving crypto landscape, the ability to pivot and adapt strategies is key. Should #FXS face challenges at this pivotal demand zone, a strategic shift might be in the cards. Anticipate a bullish rebound from the alternative demand level at $6.814, with a descent below this threshold potentially signaling further declines.
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by MyCryptoParadise
8
NZDCAD: Your Trading Plan For Today 🇳🇿🇨🇦 NZDCAD is currently approaching a peculiar zone based on a key horizontal support and a solid rising trend line on a daily. Your confirmation to buy will on an hourly time frame. 0.8285 is the neckline of a double bottom formation. We will need an hourly candle close above that to confirm the strength of bulls. We can buy the pair then anticipating a bullish movement at least to 0.831 ❤️Please, support my work with like, thank you!❤️
Long
by VasilyTrader
1
AUDUSD Targeting Double Top ResistanceHi Traders! AUDUSD looks bullish as it targets the double top resistance on the 4H chart. Here are the details: Since breaking and closing above the 20 EMA, the price action has been aggressively bullish, and the market is now in an ascending price channel and is near the double top resistance at 0.65430. The plan here is to buy market dips at retracement levels to target 0.65430. Preferred Direction: Buy Resistance: 0.65430 Support 1: 0.64804 Support 2: 0.64428 Technical Indicators: 20 EMA Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Long
by BluetonaFX
USDJPY Approaching 150Hi Traders! USDJPY is near the psychological 150.000 level, and it looks to possibly re-test its 3-month high at 151.911.  Here are the details: Looking at the price action, it looks bullish; the bull flag, along with the previous yearly high, has broken. The next big test is as the market approaches the 150 handle. There may be some strong resistance here, as this is the first time this year the market is approaching the 150 handle. As long as the market is still above the 20 EMA, our view will remain bullish. The plan here is to monitor the price action near 150; if there is a momentum break and a close above 150, then 151. 911 is the next big target. Preferred Direction: Buy Technical Indicators: 20 EMA Resistance 1: 150.000 Resistance 2: 151.911 Support: 148.808 Please make sure to click on the like/boost button, 🚀as your support greatly helps. Trade safely and responsibly. BluetonaFX
Long
by BluetonaFX