US30 4HIt is expected that the price will move towards the middle range after hitting the upper resistance and then again move towards the lower target.
I also expect that after hitting the lower range, the price will change direction upwards; however, I will wait to see if an engulfing pattern occurs or not.
RTM
NEAR touch 99$ ?"Whether the cryptocurrency NEAR can reach $99 and the Fibonacci 1.618 level, my answer is yes, and it definitely will, especially considering the pattern it has formed, which you can see in the image. However, I’m not sure whether it can penetrate the Fibonacci 2 level, which would be $265. All of this depends on whether this cryptocurrency is adopted by users of other cryptocurrencies in its ecosystem or not. In my opinion, it should definitely be in your portfolio."
XAUUSD Short Opportunity: Bearish Momentum AheadGold (XAUUSD) has recently shown signs of a potential downturn. After reaching a significant resistance level, we are seeing bearish patterns indicating a possible shorting opportunity.
With the current market setup, a short position on XAUUSD appears promising. However, it's crucial to stay updated with market news and economic indicators that could affect gold prices.
SO CLOSE!Bitcoin has reached the green support zone, and buyers are pushing the price upward. If BTC is to grow, it should follow the green path shown in the chart, allowing traders to enter with more confidence. The analysis sets a rejection boundary at 56,500 USDT on the daily timeframe; falling below this level invalidates the bullish scenario.
#BTC #Bitcoin #CryptoAnalysis #Trading #TechnicalAnalysis
Close to target!Bitcoin is now at $63,000, and as we discussed earlier, the $61,000 to $63,000 range is a standard supply zone. Therefore, we can consider buying BTC within this range. However, we must remain cautious about Bitcoin and its liquidity shadows, as there is a possibility of a dip to the purple area at $59,000.
ETHEREUM road to new ATH!Here we have an analysis for Ethereum in 1H time frame. we can consider two scenarios.
Bullish Scenario:
If ETH breaks above the immediate resistance (PA) around $3,700, it could rally towards higher resistance levels at $3,900, $4,000, and potentially up to $4,400.
This is depicted by the black projected path, suggesting a continued uptrend.
Bearish Scenario:
If ETH fails to break the $3,700 resistance and moves below the immediate support of $3,520, it could see further declines.
The orange projected path indicates a potential drop towards $3,360, $3,280, and a significant support level around $3,125.
This scenario suggests a possible deeper correction before any potential recovery.
Wait for a sign!The 4-hour chart highlights key support zones around $0.0046 and $0.0041. The RSI shows a bullish divergence, indicating potential upward momentum. A breakout from the descending triangle could lead to a rally towards $0.0070, with further targets at $0.0120 and $0.0220. However, a failure to hold support may see prices testing lower levels around $0.0036
XAUUSD LONG AND SHORTHi Guys, its been a long time since i published an analysis. and I'm back again
Gold sore the other day and reached the 2379 level which was the resistance, and has managed to cool off those buyers.
As always there are some demand and supply levels to take trade from. Our immediate demand level would be around 53-49 which upon reaching, with confirmation we will take trades. If the level is breached other levels below would become possible long points.
Those who want to go short ,currently level around 73-75 is a suitable point and above that levels 85,93,403,412,....
My view is that Before continuing higher market needs to see lower prices and demand levels to test.
* As always add your own intuition and logic into this analysis and proceed with safety measures in place.
Be honorable
#IDUSDT #Analysis #Eddy#IDUSDT #Analysis #Eddy
This analysis is based on the combination of PA, RTM, ICT, DL2+3 & Wyckoff Analytical Styles. (( In general, most altcoins have a similar structure and can grow by more than 50 and 100 percent. ))
I specified the sniper entry points for you ;-)
» Do not forget to receive confirmation
» Don't forget risk and capital management
⚠️ Attention!
((Pay attention to the position and movements of Bitcoin, as well as the general state of the market and indicators, please confirm))
BTC/USD analysis in 4h timeframeAs we expected bitcoin made a new all time high $73000 area and collect the liquidity over the last ATH $69000.
price is in a trading range between $60000 / $74000.
New flag limits are marked on the chart.
Bitcoin is forming a wyckoff structure and if it ingulf $58000 / $61000 demnad zone it will confirm the structure.
If the WYCKOFF structure is confirmed, price my fall down to $52000 Demand zone.
Otherwise if it gives us a bullish signal on $61000 Demand zone it will be a good investment too buy some #BITCOIN .
XAUUSD SCENARIOHi guys, I'm back with fresh analysis on gold.
if you haven't check my last analysis please do, price moved up from 2281 level for more than 700 pips. which was amazing.
Major institutions are still long on gold(based on COT data) and is still making new highs, so buying on demand levels is sensible.
First level is 2330 which is a broken resistance now acting as support also around level 2328 there is a tiny demand level, beneath that 2318 and last but not least 2308- 2302.
once price reaches these levels you could take long trades with confirmation on lower time frame.
And for those who want to take short trades 2346-2350 would be our supply zone but be really careful with shorts since fundamentals are bullish.
* As always add your intuition and logic into this and do consider risk management.
*Be honorable
Nifty near to complete correction and at LS KinkNifty is near to complete correction or major B and as per price action also price reached at origin LS Kink. this whole up move is just a correction of previous fall (A) already nifty completed it 5th wave with ending diagonal and this whole correction of ABC is due. Now it looks like B is completed and C will start and it will ne sharp fall as A .