


PouyanFa
EssentialThe weakness in the bullish trend and the divergence are giving us signals of a deep correction or price ranging. With these signs, the chances of the price moving higher this week have significantly decreased.
After a few-percent rejection from the 0.7589 level, the price is slowly approaching that level again with low volume. However, due to the low volume, it doesn't hold much significance for us. There are two conditions under which we can hope that a trend reversal is forming: 1. The price must break above the 0.7589 resistance with a strong confirmation. 2. Volume...
After the price reached the point we mentioned and got rejected, it's now trying to approach that area again. However, we're seeing a divergence, which could indicate weakness in the trend—though that's not always the case. In any case, we have to wait and see; if it manages to break through that level, we can hope for the price to reach 39.17994.
After confirmation in this price zone, we can say that the path to 3800 becomes much easier and more likely, making the move toward 4000 more feasible. However, it's still too early to make decisions about that, so for now, we're only analyzing up to 3800.
According to the previous analysis where we expected the price to reach \$117,000, our outlook still stands. If the price confirms this level and reaches back to 115,800, it indicates a bullish tendency. We need to wait for confirmations from the market.
After the reaction to the price we mentioned, it will become clear whether the price can reach 3432 or not.
The weakness of the trend is clearly visible, but we need to see how it reacts to the channel’s midline. If buying pressure increases, the price could reach 6400. Otherwise, a correction down to around 6330 is likely.
As long as the price hasn't reached that level, no position should be opened. We need to wait for it to reach that level and then, based on the reaction to that point, see whether the trend will continue or turn bearish.
With the break of the ascending channel's bottom, the price is expected to reach the bottom of the range.
EUR/USD managed to break out of the range, and did so with relatively strong momentum. It will likely rise up to 1.17500.
Gold has been stuck in a long-term range for quite some time. It was about to break its all-time high, but last week's news affected it slightly and slowed down its momentum. Still, there are signs showing a willingness to break out of this range and head toward a new all-time high.
After a long period of ranging, the DXY finally managed to break the range's ceiling last week and even gave us a channel confirmation afterward. But if you remember, there were several major news events last week, with the last one on Friday causing the price to fall back into the range. Now we can see that an ascending channel has formed inside the range, and...
The failure of the head and shoulders pattern to activate suggests that the bullish trend may likely continue.
A head and shoulders pattern has formed on Ethereum. If it gets activated, the price is likely to drop. However, if it fails to activate, it will itself be a bullish signal.
The price went up to 3717 and got rejected. It’s currently sitting around the 3666 level with low volume, and for now, the market seems calm. It’s clear that a significant level has formed here, which looks reliable. We also have another key level around 3580. Based on my analysis, I expect the price to react to one of these two levels and then potentially start a...
After a long time, oil managed to break out of that channel, but we see it has returned back inside the channel again. Hopefully, it will break out from one side soon so we can catch a good opportunity.
After a deep correction, Bitcoin started an upward trend yesterday and is now at the midline of the 4-hour channel. The signs suggest that Bitcoin might possibly reach \$117,000.
After our previous analysis hit the target, the price has now reached a key decision zone — whether it wants to move higher or not. At this point, we need to wait and see how the market decides, and then react accordingly.