Ethereum Bitcoin is trying to find buying pressure to kickstart its bullish trajectory after it bounced on M and W support. As long as the price is under 0.03200 or 0.03500, the crypto may likely continue its downward momentum to test further established lows.
Ethereum will likely grow, having bounced off the halfway point of the previous bull run. Upon further analysis, it seems to be about to finish off the right leg of the inverse head-and-shoulder pattern. The above established highs will be points of interest and further growth will occur upon passing those marks with stability above.
The rypto is currently attempting to surpass its all-time high within the bullish momentum. If it does and settles above it, a continuation of the trend will likely happen in further establishing future highs.
The crypto is attempting to break 16,600,000 and a break of this zone, with stability above will yield a continuation targeting of future highs.
Bitcoin is currently descending after reaching 105k. If the drop continues, the likely immediate targets will be between 101k and 99k as the crypto may potentially find bullish pressure from these barriers. However, settling under 99k may yield to further bearish trajectory in search of a support barrier between 97k and 92k which may lead into a bull run.
The index is currently breaking a correction phase and is headed towards established highs at 27k and 26k. Reaching the highs, remaining above and bouncing off these marks may yield a potential upward momentum for the index.
The French benchment is currently headed towards the upper bound, due to a developing an inverse head and shoulder. The indice is also currently in a consolidation phase based on the W and D timeframes. As the indice is trying to stabilise above 7500, finding strength above will be confirmation of this continuation. Failure to continue up may lead to a decline....
The Dax managed to push up from 20k reaching 20700 region. The points may alternate between the recent 20700 and 20 000 upon breaking. However, if the German benchmark stabilises bove 20700 may see the indice to continue upward. However, a bearish outlook is still favourable if it fails to continue up from the recent high.
The Nasdaq is currently trying to find strength above 21200 for a bullish continuation. Failure to do so may lead the indice to retest the respective lows in search of bullish pressure. Price action will likely range between 21200 and 20800 upon breaking, for a bearish continuation or bullish reversal.
Dax managed to touch 20500, but pushed down as it is around 20000 or 19800 region. The price may push to retest the 20300, 20400, and 20500 marks and if it rejects with stability under any of the highs, it may fall down as a potential bearish confirmation. If the price action declines from the top, a possible range and target can be between the highs and...
Bitcoin currently is trying to stabilise above 97k so that it continues its upward trajectory. Failure to do so may lead the crypto to fall, targeting established near-term lows between 93k and 91k. Finding support above the lows may kick-start the bullish rise toward 99k and 100k. Alternatively, stabilising under the lows may lead to a further decline
Gold continues to be in a correction phase and looks headed towards the region between 2650-2700 as targets. As long as price stabilises above the 2600, the yellow metal may continue it's upward move. Failing to settle above 2600, may lead to a retest of 2585 leading to a possible bearish continuation.
Pound Yen is bouncing on a key low on 193,800 and may result in a pullback to the highs, if it remains above the current support. Price may also be ranging between 197k and 193k. If the price manages to break the low and stabilises under it, then the pair may continue down.
Pound Yen is bouncing on a key low on 193,800 and may result in a pullback to the highs, if it remains above the current support. Price may also be ranging between 197k and 193k. If the price manages to break the low and stabilises under it, then the pair may continue down.
Dax is currently retesting a breakthrough point at 19800, as the indice transitioned from bearish into a bullish momentum. If the indices stabilises above, it will likely kickstart a bull-run. Failure, to stabilise above the 19800 mark, the indice may continue downwards.
US100 is currently pulling back to the upside after experiencing a strong sell-off yesterday. As of now, the indice is pulling back up and may try to touch 21350-21500, depending on where the current pullback subsides. If the bullish pullback is successful, bearish pressure may continue targeting the respective low and complete the current correction...
The white metal is overall in a bearish trend, but price action is consolidating between 29.9 and 28.7. The metal may drop if it fails to break through and stabilise 29.9 in search of bullish pressure again. Alternatively, if the price action does fall, it may try to break through 28.7 and stabilising under this zone will see continued downward pressure.
Price action is likely going to test previous support barriers that have become areas of resistance.