The BTC/USD chart shows an ascending triangle pattern, a bullish formation with higher lows converging towards a horizontal resistance around 67,050 USD. This indicates building buying pressure. A breakout above this level could signal potential bullish momentum, targeting a price area near 68,882 USD.
The market has formed a clear range between support at approximately 0.3100 and resistance around 0.4200. A double-bottom pattern was observed near the 0.3100 level, which led to a breakout upwards. The price is currently consolidating above the middle of the range, with a potential upward movement towards the 0.4200 resistance zone. Key observation: If price...
Price is pulling back toward a demand zone near 2,656 after a recent bullish move. The setup suggests a potential buy opportunity if the price holds above this zone, with a target around 2,664 and a stop just below the demand area.
FTM/USDT is consolidating at 0.6060 support, signaling a potential bullish reversal. Targeting 0.7328 with a stop below support.
We are currently looking at a 15-minute chart for XAUUSD. The price action shows a downtrend forming, as indicated by the descending trendline. Sellers are attempting to push prices lower after failing to break the resistance near 2,680. The price is hovering around the 2,664 area with a support zone near 2,655. If the price fails to hold at this support level, we...
This XAU/USD chart shows that gold is currently retesting a key support zone around 2,622 USD after a recent rally. There was a sharp upward movement, but the price is now pulling back to the support area. This could be a crucial point to watch for a potential bounce or a breakdown. If the price holds above this support, a bullish continuation towards 2,639 USD is...
This chart shows the XAU/USD pair (Gold vs US Dollar). After a drop in price, gold is testing a support zone around 2,617 USD. The market shows signs of bullish reversal as price enters this zone, suggesting a potential move back up. Traders may keep an eye on the resistance levels around 2,630 USD for a possible breakout or rejection.
We are observing a potential rising wedge pattern on the 15-minute timeframe for GBP/JPY. The price action is narrowing as it moves higher, with multiple rejections at the upper resistance line. This is often seen as a bearish reversal signal. A break below the wedge's lower support line could trigger a downward move. The short entry is around 189.2, targeting...
This chart displays a descending triangle pattern, which is often a bearish continuation signal. The price is currently consolidating between two downward-sloping trendlines. I'm anticipating a downward breakout as the price nears the upper resistance line. My stop-loss is set just above the resistance, while the green zone represents my take-profit target in case...
After a significant downtrend, The market is in a consolidation phase between 56,000 USDT (support) and 60,000 USDT (resistance). The price shows signs of indecision around 58,750 USDT, awaiting a breakout. A break above 60,000 USDT could trigger a bullish move toward 62,000 USDT, while a break below 56,000 USDT might lead to further downside towards 52,000 USDT.
For long-term holders, BUY setup after the price reaches the all-time low at the historical support, so from there we should expect a bounce from this level.
The price is in an uptrend and has now reached a support level, which means there’s potential for buying. However, previously the price bounced off the resistance after moving upward for a while, showing five bounce points. Now, we are waiting to see if the price will continue upward or break below the support level, which could signal a change in trend. So, it's...
We're currently observing a double ascending triangle pattern, signaling potential bullish momentum for Gold from the latest formation. At this stage, we're closely monitoring the setup, and once we receive a clear confirmation, we'll share the signal.
Gold has reached a critical breakout zone. After a successful retest of the breakout level, the momentum is expected to push prices higher with minimal chance of a pullback. This setup presents a strong buy opportunity for those looking to capitalize on the next bullish wave. Stay focused, as the next resistance zone could be far above current levels.
Gold has achieved a new milestone by breaking through the all-time resistance level, signaling a potential continuation of its bullish momentum. The price action suggests that this breakout could lead to further gains, making it an essential level for traders and investors to watch.
On the daily chart, XAUUSD (Gold) is approaching its all-time high resistance level around $2,476. This level has proven to be a significant barrier, as indicated by the multiple rejections from this zone in the past. However, the price has consistently made higher lows, forming an ascending triangle pattern, which is generally considered a bullish continuation...
On the 4-hour chart, Bitcoin (BTC/USDT) has shown signs of a potential recovery. The price broke above the resistance level of $61,000 after forming an ascending triangle pattern, which is typically a bullish continuation pattern. This breakout indicates renewed buying interest, potentially signaling the end of the recent downtrend. The ascending triangle...
Crypto Market Cap at Crossroads: Bullish or Bearish Next Move? The Total Market Cap (TOTAL) on the 3-month chart provides a macro perspective of the entire cryptocurrency market. After experiencing a significant bullish run, the market is now facing a critical juncture. Key Observations: ● Current Market Cap: Approximately $1.926 Trillion ● Major Resistance...