Ethereum has been consolidating in a rising channel after failing to break below the 1754 support zone for weeks. Yesterday, price tapped into the 1854 resistance — which also aligns with a bearish breaker block — but failed to close above, showing two strong rejections so far. Current Observation: The 1854 level is holding up as resistance, and the most recent...
From last week, USOIL dropped aggressively from the 65.27 resistance zone and hit our 57.00 support target — a level we’ve been watching closely. Now here’s where it gets interesting… Current Observation: The 57.00 support seems to be holding strong. We’re starting to see signs that sellers might be losing momentum around this zone. Price has reacted with a...
After rejecting the 65.27 resistance, USOIL sold off sharply, dropping to the 59.5 support zone — just as anticipated. This confirms that the market is still respecting key support and resistance levels and trend lines. Current Scenario: Price is sitting around 59.5. If this support holds, we could see a corrective move (buy) back to the 62 region. But that zone...
Price tapped the 65.2 resistance zone (yellow line) and immediately pulled back — showing some hesitation around that confluence of resistance (horizontal + trendline). This zone has acted as a ceiling before, and now it's back in play. What I’m Seeing: - Clean rejection from 65.2 - A clear rising trendline still holding below - Bearish wicks showing early...
Price started its bullish move in the first week of April, and since then, it’s been making higher lows. Today’s candle broke cleanly above a key trendline, and price is now heading toward the $65.5 resistance, which could act as a critical decision zone. Key Levels: - Support: Around $63.2 - Resistance: $65.5 (next major wall) - Setup: Trendline Breakout ...
I’ve been thinking about how messy trading can get. One day you're watching a video on scalping, the next you're trying to swing trade five different pairs. Then before you know it, your screen is cluttered with a million indicators, your confidence is shot, and your results? Even worse. So for the month of May, I’m doing something different. I’m calling it the...
BTC/USD has been rejected at the resistance zone of $85,148-$85,714, which aligns with a descending trendline, signaling potential bearish momentum. The price is currently testing an ascending trendline from $74,000. Analysis The rejection at $85,148-$85,714, combined with the descending trendline, indicates strong selling pressure at this level. The ascending...
If price breaks, we might see a continuation in rally. And if price bounces, we might see sellers taking lead for a while.
In the last four days, the began to decline up until last week Friday. Price came as as low as 0.9800 and began to range on Friday and Monday. I speculated a rise in price on yesterday (Monday) and so far price has broken Friday's high. With this break, I anticipate a more rise in price. If you are not as conservative, you may choose to buy from 0.9840....