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Uptrend

Bitcoin ($BTC) Safeguarding The UptrendBitcoin continues to trade above the $34,000 mark, with the overall trend remaining bullish. Formally speaking, BTC is currently experiencing a sideways movement between the buyer's level at $33,400 and the seller’s level at $35,100, indicative of a temporary equilibrium in force. Considering the upward trend apparent in BTC’s chart, growth continuation is presently the main focus. Potential next targets for buyers could be the levels at $36,100 and $36,900. Simultaneously, it is crucial to acknowledge that Bitcoin has been on an upward trajectory without undergoing any corrections for over two weeks now. A course correction before a continuation of the growth would be entirely reasonable and could even serve as a strategic advantage for accumulating long positions in BTC. In this scenario, the asset could retreat to the support levels of $30,700 and $29,900, which remain within the boundaries of the prevailing upward trend. For buyers, any market corrections will remain safe as long as the long-term support level at $27,000, safeguarding the uptrend, remains unbreached. However, the candlesticks are depicting the Hammer-like shape indicating signs of a Bullish trend incoming.
BINANCE:BTCUSDLong
by DEXWireNews
USD/JPY reaches yearly highs around 150.50Hello dear friends. As predicted by Karina, the upward momentum of UJ has not diminished, and this currency pair has already traded at a yearly high of 150.40 today. The USD/JPY pair is showing strength due to improved yields on US Treasury bonds, supplemented by risk aversion stemming from political instability. The statement by Israeli Prime Minister Benjamin Netanyahu about preparing for a ground attack in Gaza. On the chart analysis: After breaking the sideways trend last week, UJ will continue to rise, but it needs to retest the previous breakout level to officially establish the upward momentum. Furthermore, signals from the EMA line on the 12-hour chart continue to support this price increase.
Long
by Karina_Bella
3
99 pips to ignition... Please fasten your seatbelts...Gold on a bullish trend for next hours... -- Gerald Mann is a U.S. veteran, and a cooperator with the White House, and a humanitarian cooperator with the IFRC. He was praised by Barack Obama in 2014, but they refused to help him to become an American resident. He holds several certificates of participation, majoring political science and business communications, from the Harvard University and the University of British Columbia. In 2016 he was attacked by some officers who injected a chemical agent into his abdomen, through deep rectal injection. Those days Mahmoud Alavi was the Minister of Intelligence of the mid-left governing party of Iran. To hide this action, while some of the militaries were aware of the upcoming complaint, several traitor officers of the "Iranians opposition nations" began to attack on him instead of giving guidance or any help. Including a specific group of very top-ranked officers of the remote-sensing military departments... Lately his exit-ban issue is almost solved and the Iranian government agreed that he leaves the nation.
OANDA:XAUUSDLong
by GeraldMann
AMBUSDT (AirDAO) Shows Promise with ABC Pattern⚪AMBUSDT is revealing clear indications of an uptrend, marked by higher highs and higher lows. Notably, recent price action appears to mirror an ABC corrective pattern, drawing on the Elliott Wave theory. The reassuring bounce off the 161.8% Fibonacci support level that took place a few days ago is a positive sign. ⚪However, our attention should also gravitate towards the most recent high where price encountered resistance at the uptrend trendline. All things considered, the odds seem to favor the continuation of this uptrend, provided the price maintains its position above the key demand zone. For the bullish scenario to hold, it's crucial that daily closing prices stay above the latest Fibonacci support. ⚪Concerning resistance levels, our focus is on Fibonacci retracement markers, particularly the 38.2%, 61.8%, and 78.6%. Should the price experience a slight dip, it could present a compelling risk-reward proposition, potentially leading us to open a long position. In the event such an opportunity arises, we'll promptly share the AMBUSDT trade setup in our channel. Stay tuned! 🚀📈
Long
by CryptoPAMM
Jai Corp at reversal point and continue the positive uptrendJAI CORP Have been closely following this stock in past. It has given a good breakout from previous resistance level and could possibly continue the uptrend in future. Currently, showing some reversal signs as the price is at it's previous resistance level back again. Could consolidate for some days before reversing for upside. if the market stays stable, My target for this stock is Rs.300 by anywhere in the year 2024.
NSE:JAICORPLTDLong
by StockSession
Dont Breath !! (BTC Analysis)Following the previous analysis regarding Bitcoin digital currency and the current countdown for its fall to lower limits, it seems that after the US Securities and Exchange Commission approves Gary Scale's application for ETF funds, we can witness the stabilization of the price of Bitcoin in Be above the $25,000 level and be above this range at the same time as the monthly candle closes. In such a way that even the delay in the approval of the funds of other organizations, which led to the severe correction of Bitcoin and the downward trend of the market, could not penetrate to the bottom of this range. As mentioned earlier, the $25,000 range in the last 1 year was able to gain a lot of credibility in collecting liquidity from oversold and breaking above it. In the previous analysis, it was discussed that if the range of $25,000 breaks, we will see bitcoin fall to the areas of 22,000 and 16,500, but if we want to look into the issue in more detail, we will find that if the goal of the trend is to break this area, then for Areas deeper than the mentioned ranges, such as the range between 12,000 and 10,500 dollars, can happen.
Long
by MyNameIsMilad
📝 $USDJPY: Watch Potential Breakout and Bounce From Trendline👋 Full-time trader here. Posting out here free Forex analyses for you. Welcome to like, follow, & share. Thanks for your continued support. 👍 Scenario 1: Bullish Breakout Trendline-bounce plays can be dangerous if you're new to trading. It's always good to wait for confirmation. In this case, an ideal scenario would be to bounce off the TL's third touch (now) and break into resistance for a confirmed breakout. If bulls come in here, they'll reclaim the resistance as support and continue higher. That's the ideal move. A safe trader would buy on break of resistance ONLY AFTER resistance becomes support. Here's a visual: Scenario 2: Bearish Rejection Many traders will like to think that this was a bearish rejection on the 4th touch of TL and they hopped in to short it. But wait. Not so fast - that can be a bearish fakeout. Need to be careful here and wait for proper confirmation, which would look something like this: First, the blue trend gets broken. Next, the resistance holds up well for a violent breakdown. You can start shorting on a lower high after that. You can play both sides, as long as you wait for confirmation. Waiting for confirmation is difficult in a fast-paced trading environment. You want to jump on a trade, make some pips right away, and log off. It doesn't work like that. Patience pays off. Wait for confirmation and take safer trades. Always check the shorter timeframe for the best entry and for trend confirmation! If you see the wick of the last candle, it bounced PERFECTLY on the high wick from before. Also, what's great is that it confirmed a fakeout under the trendline on a strong, bullish, high-volume candle. As I always tell my followers, go LIGHT on your trades. Baby gains add up! When you refine your strategy or hit 100 green trades, start making heavier trades. Follow for more free insights. Posting a few times daily!
Long
by kingdips