James-Loen360

James-Loen360

1. Current Price & Trend: Bitcoin is trading around $81,318.75, experiencing a 2.82% decline. 2. Resistance & Support Levels: Resistance Area: Near $82,000 (red line at the top). Support Zone: Around $76,000 (red line at the bottom). 3. Projected Movement: The price may retest the resistance near $82,000. A rejection from this resistance could lead to a...

James-Loen360

1. Support and Resistance Levels: A support level has formed around 2,975, which could act as a buying zone. The next resistance area is near 2,995, where price may face selling pressure. 2. Price Action and Projection: The price has broken above previous levels and is now consolidating. The forecast suggests a bullish movement towards 2,995, with a possible...

James-Loen360

Support and Resistance: The price recently tested a support level (around 2,940) and bounced back up. The resistance area is marked around 2,970. 2. Breakout and Retest Strategy: The price has broken above the resistance level. If the price retests this resistance-turned-support and holds, it could continue to rise. 3. Forecast: If the price stays above...

James-Loen360

Based on the technical analysis shown in the chart, Bitcoin (BTC/USDT) is currently trading around $83,145.61 and is testing a support zone near $81,500 - $82,000. The chart suggests a bullish outlook if Bitcoin holds above this support and follows the projected price movement toward resistance near $89,000 - $90,000. Forecast Based on Analysis: Bullish...

James-Loen360

Based on the technical analysis in the provided chart, gold is currently trading around $2,941.835 and appears to have broken above a support zone around $2,935. The chart suggests a potential bullish movement, with price action retesting the support before moving upward toward the resistance area around $2,960. Forecast Based on Analysis: Bullish Scenario: If...

James-Loen360

1. Resistance at ~2,920: The price has attempted to break this level multiple times but failed. 2. Support at ~2,900: A previous resistance zone turned into a support level. 3. Projected Downward Movement: The blue arrow suggests that the price is likely to reject from the resistance and drop towards the support. Forecast: If the price fails to break above...

James-Loen360

Bitcoin (BTC/USDT) Forecast Based on the Chart: Current Price: 82,317.78 USDT Support Level: Around 79,000 USDT Resistance Levels: Near 84,000 USDT and 86,000 USDT Possible Scenarios: 1. Bullish Case: If BTC holds above 82,000 USDT and breaks 84,000 USDT, the price may rally towards 86,000 USDT and beyond. Confirmation of bullish momentum would come from...

James-Loen360

Support Level: Around 191.000 Resistance Area: Near 194.000 Expected Movement: The chart suggests a potential bullish breakout, with price likely to retest the support zone before continuing towards the 194.000 resistance level. Trading Strategy: Bullish Scenario: If GBP/JPY sustains above support, a move toward 194.000 is likely. Bearish Scenario: A break...

James-Loen360

USD/JPY Forecast (March 12, 2025) Current Price: 148.390 Resistance Area: Around 148.500 Support Area: Around 147.000 Technical Analysis: The chart suggests a potential price rejection at resistance (148.500), leading to a downside move. A double-top formation or failure to break resistance could signal bearish momentum. A possible decline toward 147.000...

James-Loen360

2025) Current Price: 1.29391 Support Level: Around 1.29000 Resistance Level: Around 1.30500 Technical Analysis: The chart suggests a bullish trend if price respects the support level. A possible retracement to the support area is expected before an upward push. If price holds above support, it could rally toward the resistance zone around...

James-Loen360

Forecast for EUR/USD (Euro to US Dollar): 1. Bearish Rejection at Resistance: The price is currently near a strong resistance level (~1.0910). If it fails to break above this level, a rejection could trigger a downside move. 2. Short-term Consolidation: The chart suggests possible price consolidation before a drop, as indicated by the small fluctuations near...

James-Loen360

Forecast: 1. Bullish Trend Expected: The price is currently testing the support level and appears to be forming a breakout structure. 2. Key Resistance Area: If the price breaks above the resistance level (~$2,940), it could continue its bullish momentum. 3. Impact of CPI Data: The confirmation of the Consumer Price Index (CPI) report could act as a catalyst,...

James-Loen360

Forecast: 1. Short-term Bearish Trend: The price may struggle to break above the resistance level and could begin a downward correction. 2. Key Support Zone: If the bearish move plays out, BTC may drop toward the $77,500 support area, as indicated by the red horizontal support level. 3. Consolidation or Further Drop: If BTC finds strong support at $77,500, it...

James-Loen360

Bullish Trade Setup (Long Position) 1. Entry Point: Around $2,904 - $2,905, confirming the breakout and retest as support. 2. Stop-Loss: Below $2,894, in case the price reverses. 3. Take-Profit Targets: First target: $2,920 (mid-level resistance). Second target: $2,931 - $2,940 (major resistance zone). 4. Risk-Reward Ratio: At least 1:2, ensuring a favorable...

James-Loen360

Bearish Trade Setup (Short Position) 1. Entry Point: Near 189.80 - 190.00, if the price fails to break above this resistance (e.g., forming bearish candlestick patterns like a shooting star, bearish engulfing, or pin bar). 2. Stop-Loss: Just above 190.20 - 190.30, to avoid being caught in a breakout. 3. Take-Profit Targets: First target: 189.30 - 189.50...

James-Loen360

Bearish Trade Setup (Short Position) 1. Entry Point: Near 146.90 - 147.00, if the price shows rejection (e.g., bearish candlestick patterns like a shooting star, engulfing, or pin bar). 2. Stop-Loss: Just above 147.20 - 147.30, to protect against a breakout. 3. Take-Profit Targets: First target: 146.00 (short-term support). Second target: 145.00 (major support...

James-Loen360

GBP/USD Forecast Based on the Analysis The chart suggests that GBP/USD is approaching a resistance area near 1.2920 - 1.2930. The analysis indicates that the price may struggle to break above this level and could reverse downward. Bearish Trade Setup (Short Position) 1. Entry Point: Near 1.2920 - 1.2930, once price shows rejection (e.g., bearish candlestick...

James-Loen360

Short Trade Setup (Bearish Scenario) 1. Entry Point: Around the resistance level at 1.0875 - 1.0880, if there are signs of rejection (e.g., wicks or bearish candlestick patterns like a shooting star or engulfing pattern). 2. Stop-Loss: Just above the resistance at 1.0895 - 1.0900 to protect against a breakout. 3. Take-Profit Target: First target: 1.0830...