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Pepe Memecoin will Retest a New Low on Binance PEPEUSDT
PEPEUSDT
, 240
Short
PEPEUSDT: Pepe Memecoin will Retest a New Low on Binance PEPEUSDT
Jun 5, 2023

PEPE has recently experienced a bearish breakout below the support level, marked by the recent lows on the PEPE/USDT pair on Binance. This breakout is expected to continue, resulting in further downside movement and a potential retest of new lows. According to the Fibonacci levels, the 1.618% extension is identified at $0.0000004, which is believed to be a...

Luna Fake Rally ended up with a Hard Dump again.
LUNAUSDT
, 240
Short
LUNAUSDT: Luna Fake Rally ended up with a Hard Dump again.
Jun 5, 2023

LUNA experienced a deceptive rally in the cryptocurrency market, luring inexperienced investors and gamblers into a trap. However, the chart indicates that this pump was short-lived and served as a clear trap for retail traders, resulting in a significant price dump. Additionally, the price of LUNA failed to hold the recently formed hourly support level.

Binance Coin Crushed hard Below an Important Trend Formed
BNBUSDT
, 1D
Short
BNBUSDT: Binance Coin Crushed hard Below an Important Trend Formed
Jun 5, 2023

BNB has recently confirmed a bearish breakout below the trend line on the daily timeframe, accompanied by strong selling pressure. As a result, there is an expectation for the price of BNB to revisit the support level near $260, which holds significance and should be closely monitored.

Exxon Mobil is on an Important Key Level inside the Channel
XOM
, 1W
Long
XOM: Exxon Mobil is on an Important Key Level inside the Channel
Jun 5, 2023

XOM is currently displaying a significant key level on the weekly timeframe. Anticipating a bounce from this key level, the expectation is for the price to move towards the highs around $120. This would mark the fifth impulse within the established channel.

Meta is Continuing the Rally towards the Next Key Level
META
, 1W
Long
META: Meta is Continuing the Rally towards the Next Key Level
Jun 5, 2023

Following the recent breakout on the initial key level, a continuation of the bullish rally is expected, driving the price further upward. The anticipation is for the price to maintain its bullish momentum and move towards the next key zone formed.

Ethereum with a Bull Flag creating a Bullish Setup
ETHUSDT
, 240
Long
ETHUSDT: Ethereum with a Bull Flag creating a Bullish Setup
Jun 4, 2023

Ethereum has formed a bullish flag pattern after finding support at a key level. Although the price is currently below a minor resistance on the hourly chart, a bullish breakout from this level could signal a return to recent highs near $1998.

LDO Shows Strong Bullish Breakout on the Daily trend formed
LDOUSDT
, 1D
Long
LDOUSDT: LDO Shows Strong Bullish Breakout on the Daily trend formed
Jun 4, 2023

LDO has experienced a bullish breakout on the daily trend, confirmed by strong candle closings. With the current bullish rally, we anticipate the price to reach highs near $2.6 to $3.0 in the near term.

Apple On a Major Resistance, Take a Close Watch on this Level
AAPL
, 1W
Short
AAPL: Apple On a Major Resistance, Take a Close Watch on this Level
Jun 4, 2023

AAPL has reached a significant resistance level on the weekly chart, showing signs of selling pressure. If the price revisits this level, it could repeat the previous selling pattern. However, if a clear breakout occurs, a new all-time high may be established, indicating a continuation of the current bullish trend.

Tesla with a Bullish Cup and Handle Pattern holds Rally Ahead
TSLA
, 1D
Long
TSLA: Tesla with a Bullish Cup and Handle Pattern holds Rally Ahead
Jun 4, 2023

Tesla has formed a cup and handle pattern, with a confirmed breakout on the handle. To sustain the upward momentum, it is important for the price to confirm a bullish breakout on the key level. This confirmation will indicate a continuation of the rally to the upside.

Nifty is back on an Important Resistance, Possible Sell Off
NIFTY
, 1D
Short
NIFTY: Nifty is back on an Important Resistance, Possible Sell Off
Jun 3, 2023

Nifty has formed an ascending channel with a strong upward impulsive wave, nearing the resistance level. The identified resistance zone has shown significant selling pressure in the past, suggesting a high probability of similar price action. A bearish momentum and breakout from the channel are expected, leading to a potential retracement to the downside.

Crude Oil with a Strong Support Creating a Triple Bottoms
USOIL
, 240
Long
USOIL: Crude Oil with a Strong Support Creating a Triple Bottoms
Jun 3, 2023

Crude oil has consistently respected the strong support level around $67, leading to multiple bullish reversals. The presence of a triple bottom structure further reinforces the potential for an upward continuation. It is important to wait for the price to confirm a bullish breakout on the key level, as this would indicate a clear shift in the market structure.

Render may Retest the Key Level Formed Before the Lift-Off
RNDRUSDT
, 1D
Short
RNDRUSDT: Render may Retest the Key Level Formed Before the Lift-Off
Jun 3, 2023

RNDR is likely to retest a key level established prior to the lift-off. The upper boundary of the channel formed needs to be respected for the price to find a robust support before any potential rally.

Gold is on Pull back after the Bullish Breakout formed.
XAUUSD
, 240
Long
XAUUSD: Gold is on Pull back after the Bullish Breakout formed.
Jun 3, 2023

Gold experienced a pullback following a recent bullish breakout that occurred amidst a bearish trend. If the price finds support once more at the highlighted hourly support level, we could witness a bullish reversal and a potential upward movement. However, if gold fails to hold above the support and undergoes a bearish breakout, we can expect a further decline in price.

S&P500 Visits an Important Weekly Resistance at $4300
SPX500USD
, D
Short
SPX500USD: S&P500 Visits an Important Weekly Resistance at $4300
Jun 3, 2023

S&P 500 has experienced a breakout and subsequent pullback on a key level in the daily timeframe, leading to an important weekly resistance. We observed a significant sell-off pressure in the past, and it is crucial to closely monitor the price reaction within this highlighted zone to determine future possibilities.

Ripple on Daily Resistance, Bullish or Bearish?
XRPUSD
, D
Long
XRPUSD: Ripple on Daily Resistance, Bullish or Bearish?
Jun 3, 2023

Ripple has reached a significant daily resistance level, which holds great importance in determining the next direction for XRP. If the price successfully breaks above this resistance, we can expect a continuation of the bullish trend with a potential extension.

Bitcoin Respects the Support formed on Daily Timeframe
BTCUSD
, D
Long
BTCUSD: Bitcoin Respects the Support formed on Daily Timeframe
Jun 3, 2023

Bitcoin has made a bullish recovery, experiencing a recent pullback after breaching the highlighted support with a fake out. The previous daily closing displayed a strong bullish sentiment, leading us to anticipate the price reaching recent highs near $28,470.

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