Hey Realistic Traders, let's dive into the technical analysis of BINANCE:ETHUSDT In the H4 timeframe, the price stubbornly stays below the EMA100, reinforcing the strong bearish trend we've been watching . A rising wedge pattern had formed, but recently, the price took a dive, breaking out of that pattern with high trading volume—never a good sign for the...
Honestly, most altcoins are stuck in a bearish rut. We haven’t seen any of them making new highs instead, they're hitting fresh lows. BINANCE:ADAUSDT is no exception, staying stubbornly below the EMA200 line. So, the talk of an alt season? We’re not buying it. Let’s zoom in on Cardano and see what’s really going on. On the daily chart, Cardano is digging in...
Hey Realistic Traders, let's dive into the technical analysis of OANDA:XAGUSD XAGUSD has consistently moved below the EMA90 line, indicating a strong bearish trend. Historically, it also broke the Ascending Broadening Wedge (ABW) pattern, and more recently, it broke out of the symmetrical triangle. This second breakout strengthens the possibility of continued...
Hey Realistic Traders, let's dive into the technical analysis of SAXO:USDCAD USDCAD has moved above the EMA200 line again, signaling a bullish trend. Recently, on the daily timeframe, it broke the upper trendline of a falling wedge pattern and experienced a MACD bullish crossover, where the MACD line crosses above the signal line, suggesting increasing...
Hey Realistic Traders, let's dive into the technical analysis of BINANCE:SOLUSDT From June 24, 2024, until today, SOLUSDT has dipped slightly below the EMA200 line twice. On both occasions, it rebounded by forming a bullish hammer candlestick and subsequently moved back above the EMA200, signaling a bullish trend. Recently, on the daily timeframe, it broke...
Hey Realistic Traders, let's dive into the technical analysis of BINANCE:BTCUSDT Bitcoin is currently trading below the EMA90 line, indicating a bearish trend . The breakout from the rising wedge formation further confirms this downtrend. Additionally, the momentum indicator has revealed an MACD bearish crossover, reinforcing the negative sentiment . This...
Hi Realistic Traders, let's delve into the technical analysis of BINANCE:RUNEUSDT The chart has formed a compelling Head and Shoulders pattern and has decisively moved below the neckline, signaling a powerful shift from a bullish to a bearish trend. This bearish transition is confirmed by the price movement dropping below the EMA200 line. We anticipate an...
Hi Realistic Traders, let's delve into the technical analysis of BINANCE:MANTAUSDT ! On the Daily timeframe, MANTAUSDT is presenting a clear double-top pattern , a classic bearish signal indicating a potential reversal from an uptrend to a downtrend. The recent breakout of the neckline, paired with a surge in volume above the volume MA line, amplifies the...
Hi Realistic Traders, let's delve into the technical analysis of OANDA:XAUUSD Gold has rebounded around the EMA200 line more than three times, simultaneously forming an inverted head and shoulders pattern. Recently, it broke the neckline with a bullish marubozu candlestick, a strong indicator of potential bullish continuation. This breakout, coupled with the...
Hi Realistic Traders, let's delve into the technical analysis of BINANCE:SOLUSDT On the Daily timeframe, the price has ascended above the EMA200 line, signifying a robust bullish trend. Recently, it has formed a bullish chart pattern (symmetrical triangle) and breached the upper trendline. Such a breakout typically indicates the continuation of a bullish...
Hi Realistic Traders, let's take a look into the technical analysis of BINANCE:BTCUSDT after halving! Bitcoin has consistently held above its bullish trendline, rebounding from it three times. Recently, it has moved above the EMA90 line again, suggesting the trend could continue. A closer look at the price action shows Bitcoin breaking out of a falling wedge...
Hi Realistic Traders, let's delve into the technical analysis of NYSE:BABA ! On the weekly chart, BABA is making some exciting moves! It's broken out of a falling wedge pattern, forming a bullish candlestick with a long wick right on the EMA 34 line. But what really caught our eye? The significant volume spike, more than double the average. Now, why does this...
Hi Realistic Traders, let's delve into the technical analysis of NASDAQ:AAPL ! On the Daily timeframe, we've spotted a significant double-top pattern , suggesting a potential bearish reversal if the neckline is breached. Also, the price has fallen below the EMA200 line, indicating ongoing selling pressure. Despite two attempts, it hasn't managed to break...
Hi Realistic Traders, let's delve into the technical analysis of NASDAQ:GOOG Google has rebounded three times on the EMA200 Line with upward impulsive movement, indicating a continuation of the bullish trend. Additionally, it has formed a bullish chart pattern known as a falling wedge pattern. In March 2024, it broke out of the falling wedge pattern with a...
Hi Realistic Traders, let's discuss the latest surge in WTI Crude Oil Price Why have Oil prices surged? In the second quarter of 2024, Russia plans to cut its crude oil production in line with OPEC+ agreements, gradually reducing output each month from April to June. This decision follows earlier cuts made in April 2023 and March 2024, with export reductions...
Hi Realistic Traders, let's delve into the technical analysis of BINANCE:BTCUSDT Bitcoin's recent rebound on the EMA 200 line, in conjunction with the breakout from the bullish flag pattern and a bullish crossover in the MACD indicator, collectively signals a robust continuation of the bullish trend. The rebound on the EMA 200 line holds particular...
Hi Realistic Traders, let's delve into the technical analysis of FX:CADJPY CADJPY is currently trading above the EMA90 line, indicating a robust bullish trend . The formation of a symmetrical triangle pattern further supports this trend continuation. On March 28, 2024, the price broke out of the symmetrical triangle pattern with a bullish full-body...
Hi Realistic Traders, let's delve into the technical analysis of BINANCE:AVAXUSDT AVAXUSDT is currently demonstrating a robust bullish trend, asserting its strength above the EMA90 line. This trend is poised to persist as the price surpasses the upper trendline of the bullish flag pattern, supported by a notable increase in trading volume. Additionally, the...