OMGiTzREALHASSAN

OMGiTzREALHASSAN

Bitcoin (BTCUSDT) has broken a key daily uptrend line, leading to a significant price drop and a subsequent retest of the broken trendline as resistance. This analysis examines the implications of this price action. Technical Analysis: Trendline Break : A well-defined uptrend line on the daily chart has been broken. This break signals a potential shift in...

OMGiTzREALHASSAN

GBPJPY presents a potentially lucrative opportunity for day traders, but caution is advised. This analysis explores the current price action and outlines a potential short trade setup. Technical Analysis: Uptrend Channel Breach: The price has potentially broken above the uptrend channel on the daily chart. However, the validity of this breakout is...

OMGiTzREALHASSAN

The USDCAD has fallen back after encountering resistance on the weekly chart. This analysis explores the potential for a short trade, while emphasizing the inherent risk involved. Technical Analysis: Resistance Rejection: Price faced selling pressure at a key resistance level on the weekly timeframe. This suggests a potential shift in momentum towards the...

OMGiTzREALHASSAN

The AUDCAD has bounced back down from a key weekly resistance level. This analysis explores the possibility of a pullback towards a Fibonacci retracement level before a potential upward correction. Technical Analysis: Resistance Rejection: The price encountered selling pressure at a critical resistance zone on the weekly chart. This suggests potential...

OMGiTzREALHASSAN

The EURUSD is facing a critical resistance level where it has encountered selling pressure in the past. While the uptrend remains a possibility, entering long positions now might be premature. Technical Analysis: Resistance Hurdle: The current price sits at a significant resistance level. This zone has historically acted as a barrier, causing price...

OMGiTzREALHASSAN

The EURUSD is exhibiting bullish momentum , with a potential target of 1.10. This analysis explores the technical factors supporting this uptrend and outlines a cautious entry strategy. Technical Analysis Breakdown: Uptrend in Play : The recent price action suggests an uptrend since bouncing off the crucial support zone around 1.06. This level has...

OMGiTzREALHASSAN

The EURGBP is testing a critical support level at 0.85 on the daily chart. While a bullish rally seems likely, cautious entry is advised to avoid potential retracements aimed at trapping retail traders. Key Points: 1. Price dipped close to the 0.85 support zone. 2. Upward move possible, but confirmation is crucial. 3. Wait for a daily candle close above 0.8530...

OMGiTzREALHASSAN

The RNDRUSDT chart on the daily timeframe presents an interesting technical conundrum. A bearish triangle pattern has emerged, traditionally a signal of a potential price decline. However, the current market climate is heavily influenced by sentiment, making technical analysis somewhat less reliable. Let's delve deeper. The Bearish Triangle: Triangle patterns...

OMGiTzREALHASSAN

The recent dip in the crypto market, triggered by escalating tensions between Iran and Israel, serves as a stark reminder of the market's volatility. Bitcoin prices plummeted to GETTEX:59K before a swift recovery, leaving many investors wondering: was this a blip on the radar or a harbinger of things to come? **The Iran-Israel Factor:** Geopolitical tensions...

OMGiTzREALHASSAN

The allure of the markets is undeniable. Charts dance across the screen, promising riches for those who can decipher their secrets. But amidst the flashing indicators and exhilarating wins, a forgotten weapon often lies dormant: **patience**. Imagine yourself as a skilled sniper in the financial jungle. Your prey? Lucrative trades. But unlike the movies, a hail...

OMGiTzREALHASSAN

The price of gold (XAUUSD) has been on a blistering run since the beginning of March 2024. It has shattered its all-time high, leaving many investors wondering if this rally can continue indefinitely. Let's delve into the technical analysis of XAUUSD to see what clues it might offer. Gold's Meteoric Rise: XAUUSD has been on a tear, defying gravity and surging to...

OMGiTzREALHASSAN

The Japanese Yen (JPY) has been making waves in the forex market, but not necessarily in a good way. Major JPY pairs like USDJPY, EURJPY, and AUDJPY have all found themselves in a tense standoff with resistance levels for nearly a week now. This has many traders wondering: is it time to jump in, or should we wait for a clearer signal? **The Resistance...

OMGiTzREALHASSAN

The GBPUSD currency pair has been making headlines recently, but not for the reasons bulls might have hoped. After a lengthy period of consolidation, the pair has experienced a concerning breakdown, accompanied by above-average volume. This bearish signal suggests choppy waters ahead for the British pound. Dissecting the Breakdown: Its price bouncing between a...

OMGiTzREALHASSAN

After the cpi report yesterday the price has broken its somewhat pretty respectable support according to me and now it seems to be heading towards its daily support near 1.0675. As I have marked the downtrend I think price might even go further down the weekly support but you never know what can happen in forex market so I will take my profits near weekly...

OMGiTzREALHASSAN

I have seen a lot of charts of BTCUSDT since its beginning and I have not seen BTC every made its ATH before halving even its price surged after a couple of months of the event of the halving. But as you can see in the chart BTC has made 2 extra all time high if we do not count the first surge because it was already expected because of the previous halving but it...

OMGiTzREALHASSAN

I don't really know what will BTC do now because as all you us know we are so close to the halving right now that the crypto market is barely moving on the technical analysis and more with emotions at the moment because almost everyone wants to know if BTC will take a dip in the next 15 days. I have spotted 2 chart patterns at once and do not know which one is...