We can observe that Nasdaq has started a new corrective leg since its last recovery in early Q3 2024. Currently, the index is experiencing its first rebound and test of the 20-period moving average (MA20, in green) since this average turned downward. Typically, this scenario triggers a selling reaction, with the first target at the previous low of 19,200. If...
The price of Bitcoin is at a crucial region, with buyers continuing to defend the 200-day moving average on the daily chart and holding off the bearish pivot on the weekly chart. Yesterday's closing candle (March 11, 2025) is a PFR (Closing Price Reversal), indicating buyers defense in an important area. The fact that the price has consolidated since its last...
Coffee futures have experienced a strong upward movement, breaking their all-time high and unlocking Fibonacci-based mirroring and projection targets. However, the manner in which the price reached this level—overextended and distanced from its moving averages—combined with last month’s candlestick signaling selling pressure, suggests a high probability of...
The price has reached a key support level. From a weekly perspective, it has tested the 20-period moving average (MA20), a crucial indicator in technical analysis. On the daily timeframe, this region is also significant, as it coincides with the 200-period moving average (MA200), which has provided support and temporarily halted the decline.
Currently, the price...
Maybe the price has failed to renew a higher high and captured liquidity and is deriving on ATH + 1,2,3 sell if at the end of the day the candle closes solid.
