We’re seeing a major downtrend line forming since July 29th. A breakout from this trendline could trigger a solid price pump. There are also reversion zones overhead that might get filled during the breakout. Reversion zones: 1st zone: 59.328 2nd zone: 61.624 👀 Reversion Zone is an area on the chart where the price often returns after deviating. Some...
🐺 Hello Dear KIUCOIN community, welcome to another idea : 🐺 This idea may be brief🤔, but it offers significant potential benefits . Please take a close look at the following chart : 👇 As depicted in the chart, ICP$ appears to be forming a bullish pattern, potentially resembling a bull flag or an AB=CD pattern ; Based on my analysis of the pattern, I...
Hello Traders! Follow the instructions. If the price consolidates between $2498 and $2497, gold may touch the $2480 level before bouncing back to $2528. A break above the strong resistance level could potentially send gold to new all-time highs (ATH). Bullish Opportunities: 1. 2495 - 2490 2. 2477 - 2487 Bearish Opportunities: 1. 2525 - 2530 2. 2546 - 2560 ...
Hello Traders! Follow the instructions. If the price consolidates between $2498 and $2497, gold may touch the $2487 level before bouncing back to $2528. A break above the strong resistance level could potentially send gold to new all-time highs (ATH). Possibility: waiting for geopolitical situation as it getting worsting. I'll Update as it needs to be...
The GBP/CAD pair is expected to move bullishly, targeting the 1.78160 level. On the 1-hour chart, the price has successfully broken out of a descending channel, creating a higher high before retracing. This movement is significant, especially with the RSI indicator reaching overbought levels, suggesting strong upward momentum. I anticipate that a more favorable...
Hello everyone, let's look at the 1W MKR to USDT chart, in this situation we can see that the price has returned to the downtrend, but we are still above the main uptrend line. Let's start by setting goals for the near future, which include: T 1 = $2,183 T 2= $2,548 T 3 = $3,121 AND T 4= $3,554 Looking the other way, there is very strong support at...
Hello traders! My technical indicators and analysis suggest that gold is likely to be a buy if it breaks out above the level of 2497-2498 and subsequently retests this level as support. On the other hand, if gold breaks down below the support level of 2493-2494 and then retests it, we may consider a potential sell opportunity, similar to yesterday.
Hello everyone, let's look at the 4H BTC to USDT chart, in this situation we can see the price keeps below the downtrend line. Let's start by setting goals for the near future, which include: Target 1 59354 $ Target 2 61918 $ Target 3 65572 $ Target 4 70217 $ Now let's move on to the stop-loss in case the market continues to decline: Stop loss= 56,828...
Let's start by setting goals for the near future, which include: Targets 1 = $18.58 Targets 2 = $19.55 Targets 3 = $ 20.48 AND Targets 4 = $ 21.84 Now let's move on to a stop-loss in case the market continues to fall: SL1 = $17.99 SL2 = $16.73 SL3 = $15.56 Looking at the RSI indicator, we see that there is...
The gold market is currently experiencing high volatility, making it essential to exercise caution. Key levels to watch: - Break above 2523: Potential buying opportunity - Break below 2518: Potential selling opportunity Traders are advised to closely monitor these levels and adjust their strategies accordingly. Stop-losses (SLs) are recommended to mitigate...
Hello everyone, I invite you to a quick review of the ETH pair to USDT chart, taking into account the interval of one day. As we can see, the price is moving along a locally formed upward trend line. Currently, we can see how the price approached the resistance level at $2,843, then resistance at $3,010, then resistance at $3,251, and then very strong...
If helps you, please like and share. #price_action #trend_hunter BINANCE:ETHBTC
I invite you to a quick review of LTC in pair with USDT, taking into account the four-hour interval. Visible, we can determine the local upward trend line above which the price remains. Just below the price there is support at the level of $60, then the second support is around $56 and then there is a strong support level at the price of $50. ...
CRYPTOCAP:BTC is currently trading around $60,410 after a recent drop from the $61,000 level. The 1-hour chart shows that BTC faced resistance near $61,500, leading to a downward correction. Immediate support is found around $60,000, with a further drop possibly targeting the $59,000 level. On the upside, a break above $61,500 could push BTC towards the next key...
BTC is showing strong bullish momentum on the hourly chart, with a significant breakout above the $60,000 level. This surge comes after a period of consolidation, indicating potential continuation towards higher resistance levels around $62,000. Key support now lies at $59,000, where buyers may step in if a pullback occurs. Watch for sustained volume to confirm...
CRYPTOCAP:BTC is currently experiencing a sharp drop, with the price now testing the $58,300 support level. This level has been significant in the past and will be crucial in determining the next move. If CRYPTOCAP:BTC fails to hold here, we could see a further decline towards the $57,000 area. On the upside, resistance is forming around $59,500, and breaking...
Hello everyone, I invite you to a quick review of the ATOM/USDT chart, taking into account the 4-hour interval. As you can see, the price tried to break above the downtrend line, but quickly returned below it. After unfolding the fib retracement mesh, we can determine the support at the level of $4.49, then at the level of $4.28, while the third, very...
Hello everyone, I would like to invite you to a quick review of ETH/USDT, taking into account the 4-hour interval. As you can see, the price, despite the nice rebound, still remains below the downward trend line. Moving on, we will move on to determining support and here the price is currently bouncing off the support at $2,427, then we have strong support...