Technical Breakdown of the Chart
Resistance Level (Horizontal Black Line at ~106,000)
This is a key price zone where Bitcoin faced strong selling pressure.
Price previously touched this level and sharply reversed (highlighted with the red arrow and orange circle), indicating supply dominance.
Bearish Rejection (Marked with Red Arrow)
When the price reached...
this 1 hour chart for gold US\$/OZ shows a potential bullish breakout setup Price action has been moving within a rising channel and a breakout above the upper trendline is identified as the entry point the chart highlights a clear target projection based on the height of the prior consolidation pattern likely an inverted head and shoulders the target level is...
This chart shows the GBP/USD currency pair on the 1-hour timeframe, and it provides a clear analysis using support/resistance zones, trendlines, and trading signals.
🔍 Chart Description:
Trend Channel:
The price was moving within a rising channel, bounded by a support trendline (lower blue line) and a resistance trendline (upper blue line).
Recently, the price...
This chart shows Gold (XAU/USD) price movement on the 1-hour timeframe and presents a clear analysis of recent trends and potential future moves.
🔍 Chart Description:
Uptrend Channel (Left Side):
Price was moving upward in a bullish channel (highlighted in blue and red).
The orange circles mark bounce points where price touched the lower trendline and moved up...
