Ethereum (ETH/USD) on the 4-hour bullish setup within an ascending channel. Here's the detailed breakdown: 1. Market Structure: The price is trending within an ascending channel, demonstrating bullish momentum. A recent pullback has brought the price near the lower boundary of the channel, offering a potential buying opportunity. 2. Trade Plan: A BUY ORDER...
Outlines a bullish setup with detailed risk-reward levels. Here's the analysis: 1. Key Levels: Support Zone: A strong support area is marked around 20,727, where the price previously rebounded. Target Levels: First Take Profit (TP1): 21,889.69. Final Target: 22,101.32. 2. Entry Point: 3.The proposed BUY ORDER is placed near 21,171.57, anticipating the...
Hello Guy Here is My Analysis About BTC/USD Must Support And Don't Forgot Share Your Thoughts And Like button 1. Strong Support Level: The lower red zone indicates a critical support area near $90,000. Historically, prices have rebounded strongly from this level. 2. Resistance and Target: The upper red zone marks a resistance level around $107,000, which...
Ascending Channel: The price is moving within an ascending channel marked by two parallel blue lines. This indicates that the market sentiment has been bullish over the period shown. Support and Resistance Levels: Lower support level is around 2,600 depicted in red at the bottom. Upper resistance level appears close to but below 2,680. Highlighted Points...
The Nasdaq 100 is currently exhibiting a potential bullish reversal on the 4-hour chart. A key buying opportunity is identified around the 21,171 level, with a stop-loss set at 20,727 to manage risk. The initial target (First Tp) is positioned at approximately 21,600, with an ultimate target near 22,101. This setup aligns with recent technical indicators...
BTC/USD Technical and Fundamental Analysis Price Trend and Levels: The chart shows Bitcoin's price has been fluctuating between strong support around $88,405 and a resistance level near its all-time high. The all-time high region is highlighted in red, indicating strong resistance where sellers have historically outnumbered buyers. Support Level: A strong...
The current technical setup for BTC/USD on the 4-hour chart indicates a potential bearish trend. Price action is heading towards the support zone near $89,645.20, as highlighted by the recent lower highs and lower lows pattern. The stop-loss (SL) point is strategically set at $102,814.36 to manage risk effectively if the price reverses unexpectedly. The chart...
On a 4-hour chart A bearish head and shoulders pattern has formed, indicating potential downside momentum. The entry point is defined around the 21,190 level with a stop-loss (SL) set at 21,680 to manage risk effectively. The target point aims for potential gains towards the 20,400 mark based on historical support levels and technical indicators aligning in...
XAUUSD Technical & Fundamental Analysis Technical Overview: The XAUUSD pair is currently showing a promising upward trend, as observed on the 1-hour chart. The price has recently bounced off the support zone around 2,652 and is now trading above the green moving average line. A bullish flag pattern appears to be forming, indicating potential for further...
XAU/USD Technical Analysis Current Price: 2,634.08 USD The XAU/USD pair is exhibiting a bearish trend on the 4-hour chart. After failing to break above resistance at 2,659.33 USD, the price has shown signs of reversing downwards. Key Levels: Resistance: 2,659.33 USD Support: 2,587.06 USD Take Profit (TP): TP1: 2,625 USD TP2: 2,610 USD Stop Loss (SL):...
The NASDAQ 100 index is currently exhibiting a bearish trend within the 4-hour timeframe, suggesting a potential retracement from recent highs. After breaking below the ascending channel, price action indicates a possible move towards key support levels at 20,710 and further down to 20,050. The stop loss is set around 21,742 to manage risk effectively....
OUR Analysis Bitcoin has recently hit an all-time high, reaching a strong resistance level around 109,431.77 . After experiencing a pullback, it is currently testing another resistance at 99,720.17 while resting above the support zone near 90,652.24 . Technically watch for potential breakout opportunities if Bitcoin can sustain momentum above the current...
Gold (XAUUSD) has reached a significant support area around 2,583, which aligns with recent price reactions. A potential bullish reversal is expected based on technical indicators and fundamental factors favoring gold as a safe-haven asset. The first target (TP1) is set near 2,640, with the second target at 2,680, corresponding to the resistance zone. The...
Technical Analysis: The XAU/USD 1-hour chart shows that gold is rebounding from a strong support area around $ 2,611.39 , suggesting potential bullish momentum. The price has formed a double bottom pattern (marked as (2)), indicating a reversal from the downtrend and potential upward movement. Our target zone lies between $ 2,655.85 to $ 2,700.00 with...