Hey there, I have prepared this setup what are your reviews about it. Watch it and share your thoughts in comment section. According to my analysis, above chart presents a bearish setup for Bitcoin (BTC/USD) on a 2-hour timeframe, with technical patterns indicating a potential price decline: 1. Descending Channel: The price is moving within a falling channel,...
Today's chart about EUR/USD analysis on a 4-hour timeframe, indicates a bearish trend with potential further downside movement: 1. Bearish Trend Channel: The price is moving within a downward-sloping channel, highlighting consistent lower highs and lower lows. 2. Projected Price Movement: A blue arrow suggests a continuation of the bearish trend toward the...
Today's my technical analysis of XAU/USD (Gold/USD) on a 2-hour timeframe, highlighting potential price movement based on key levels and trends: 1. Resistance Level ( 2,670.528 ): A horizontal red dotted line marks a resistance zone where the price may struggle to break higher. This is a potential reversal point for the current uptrend. 2. Support Level (...
According to my analysis Gold H1 time frame. Resistance: At 2,664.928 (R1) and 2,726.205 (R2), potential areas where price may face selling pressure. Support: At 2,618.016 (S1) and 2,585.978 (S2), zones where buyers might step in. Stop Loss: Positioned around 2,640.880 to manage risk for short trades. Target: Aiming for 2,618.016 as a potential...
According to my analysis the BTC/USD next possible move is; All-Time High Resistance: Around 108,000.00 , marking a strong ceiling. Weak Resistance: At 99,917.20 , where price may face minor selling pressure. Strong Support: Between 94,747.67 and 95,350.88 , an area of high demand. Target: Aiming for 96,861.54 , with a stop-loss near the support...
This is 2-hour Ethereum (ETH/USD) chart outlines a bearish trade setup: Resistance/SL Area ($3,444.90) : If the price moves above this level, the bearish idea is invalidated, and stop-loss is triggered. Support/Target Area ($3,156.62) : The price is expected to drop toward this support zone, marking the profit target. The price is consolidating, and the...
According to my analysis : Price is facing strong resistance near $2,640 and shows signs of bearish momentum. A potential drop toward the $2,589 support level is likely, supported by technical rejections and a stronger U.S. Dollar. Trade setup favors short entries around $2,612 with targets at $2,589 and stop-loss above $2,623. Note: This analysis is...