Description: On the daily chart of Bitcoin (BTC/USD), we observe an interesting dynamic. After a recent spike around $97,983, the price has shown a significant pullback, finding support at the $96,422 area. This level has acted as a key support, where the price has bounced off, indicating a possible bullish reversal in the short term. Analysis: Resistance and...
Chart Summary: Key Resistance: $101,107.27 Important Support: $98,115.68 Current Range: Between $98,000 and $100,000 📈 Current Trend: BTC is attempting to break the resistance at $101,107.27 after a bounce from the support at $98,115.68. This move suggests a possible bullish momentum if it sustains above $100,000. 🛠️Potential Strategy: Buy: Consider entries in...
Current Trend: The chart shows a recent downtrend, with the gold price falling from levels near $2,630 to around $2,582. Key Support and Resistance Levels: Resistance 1: $2,608 - This level has acted as resistance, where the price has tried to break unsuccessfully on several occasions. Resistance 2: $2,622 - Another higher resistance level, which could be a target...
Current Trend: The chart shows a recent downtrend, with the Bitcoin price falling from levels near $98,332 to around $95,000. Key Support and Resistance Levels: Resistance 1: $98,332 - This level has acted as resistance, where the price has unsuccessfully attempted to break out on several occasions. Support 1: $97,729 - A support level where the price has bounced...
After the strong falls found a bottom at 1.10020, the price rebounded upwards to the levels of 1.10900 /// 1.1100. Now we would be in the presence of a wave 4 retracement that took the price to 1.10748. This wave could still look for the 1.10600 level on the downside. In these last mentioned levels I expect a wave 5 rebound that, if consolidated, could take the...
the strength of btc continues to surprise. a bullish structure is forming that aims directly at 83,000 // 85000.
After the mixed employment data, the Nasdaq fell to 18,000k. I have detected a possible *ABCDE* chart formation. the price would seek to drop further to complete the *E* of said formation at 17500 // 17400 If you lose this level, you would look for 16900 // 16700 without problems.
after the unexpected fall following the usa inflation data, an important upward rebound was presented. now i would expect a fall to 4900
After the price gave us a historical high at 18040, the price fell back to 17850 to close the session. What I hope now is that after rising to 17820 the price rebounds to 17930 / 17950, with the CPI data scheduled for today falling to 17720 and from there perhaps reaching a historical maximum of 18160. There 5 would be completed waves.
After the observed upward jump, a small increase to areas of 46000k would now be expected to continue its path until at least 50250.
After the magnificent results published by the Amazon company, the Nasdaq index went from 17240 to 17550 . From there it fell to 17390 to complete its journey in the Friday session to 17680 . We believe that after the decline to 17590 this asset will complete the upward journey to the historical dynamic resistance at 17890 / 17900
after the rebound to 1.1125 and its subsequent fall to 1.077. I expect upward rebounds with target levels at 1.096 / 1.1294 / 1.1342
After the fall caused after the approval of the BTC ETFs, the price sustained a small upward rebound. What would be expected now is for this asset to continue its upward path to 45k.
the price is in a small downward trend in the short term. we saw it fall after finding a ceiling at 1.11200. we see a small chartist formation that is forming. aimed at targets like 1.08200 to 1.07700 in extension. the immediate ceiling is 1,100.
Driven by technologies and artificial intelligence, this index reached maximum levels. After this big jump, the price has formed a small ascending wedge, so the break of these levels downwards would be giving us a visit to 17300, to possibly jump from there to 17300. Conversely, a break down of 17300 would give us the 17250 level. All moves above 17370 are...
he price of bitcoin (BTC) has experienced multiple pullbacks to the $40,000 area in the last 24 hours. In this way, the market is showing weakness to maintain the price above USD 41,000. So far in the last 24 hours, bitcoin has registered a drop of almost 5%. This occurs after, during the week, the price remained mostly sideways around USD 42.00 Currently the...
The S&P 500 index recorded its first all-time high in two years this Friday thanks to the momentum of chip manufacturers and other major technology stocks, the result of the optimism generated by artificial intelligence (AI). Speculation about an early rate cut by the Federal Reserve and the big AI deal have taken it to the brink. After this big jump the price...
In 2024, large falls in the economy are expected. I think we are in the biggest bull trap ever seen. It is vital to operate carefully to protect our capital.