Trend Channels: The price is moving within an ascending channel. Blue lines represent the upper and lower boundaries of the channel. Sell Zone: A highlighted area (between 2,719.235 and 2,726.830) is marked as the "sell zone." It indicates a potential resistance area where selling pressure could occur. Current Price: The current price is 2,699.550, nearing the...
1. Overall Trend: The chart shows that XRP/USDT experienced a sharp rally in November, followed by a consolidation phase within a descending channel from December through early 2025. 2. Support and Resistance Levels: Key Support Levels: 1.8564 USDT: A strong support level. 1.9790 USDT: Another support level closer to the current price. Key Resistance...
Key Elements in the Chart: Price Movement: The price is currently at $76.23, showing a bullish move of +2.67%. There is a visible uptrend after bouncing off a support zone. Key Levels (Green Horizontal Lines): $72.95: A significant support level. $82.00, $84.28, $86.64, $88.92: Potential resistance levels, with $88.92 being the upper target. Descending...
This analysis suggests a long-term bullish trend for gold, but with a potential short-term correction. The key levels to watch are: $2,573 (immediate support). $2,205–$2,010 (critical WCL zone if a deeper correction happens). $3,098–$3,453 (major target zones for further upside).
Short-term outlook: Positive (bullish) scenario: In case of a clear break and stability above 22,050, the upward momentum may continue towards 22,400 and then 22,600 levels. Negative (bearish) scenario: In case the price fails to stabilize above 22,000, a decline may occur towards the support levels at 21,600. Recommendation: Scalpers: Follow the price closely...
Dow Jones Short-term outlook: Positive (bullish) scenario: If the price stabilizes above 43,500 and stronger buying momentum emerges, we may witness a retest of 44,000 with a potential return towards 44,600. Negative (bearish) scenario: A break of 43,200 downwards may push the index towards 42,800 with increased chances of further decline if selling dominates
The chart appears to represent a technical analysis of Bitcoin (BTC/USDT) on the 30-minute timeframe from Binance. Here are the main points: 1. Current Price: Bitcoin is trading at $96,060.81 as of the timestamp on the chart. 2. Sell Zone: A red rectangular area indicates a sell zone between approximately $98,000 and $100,000. This is a resistance area where...
The chart appears to show an Elliott Wave analysis of Gold (XAU/USD) on a 30-minute timeframe. Here’s an analysis based on the details: Observations: Elliott Wave Labels: The chart shows a completed 5-wave impulse pattern (yellow lines) in the initial phases. It is followed by a corrective ABC structure (blue lines) as part of a retracement. ...