hassanshahjehan

hassanshahjehan

The 15-minute chart of Bitcoin (BTC) against the US Dollar (USD) presents a mixed picture. While the price has shown a slight uptrend in the recent past, several technical indicators suggest a potential for a pullback or consolidation. **Key Observations:** * **Overbought Conditions:** The Relative Strength Index (RSI) is currently above 70, indicating...

hassanshahjehan

BTC's Price move Plunge: A Temporary Setback or a Long-Term Trend? A Deeper Dive into Bitcoin's Technical Analysis The overall trend for Bitcoin appears to be bearish, as evidenced by the descending support levels and the downward slope of the moving averages. The 50-day EMA is currently below the 200-day EMA, further reinforcing the bearish trend. A break below...

hassanshahjehan

The 4-hour chart of NVIDIA Corporation (NVDA) presents a bullish outlook, characterized by a series of higher highs and higher lows. This upward trend is further supported by the positive divergence between the price and the Relative Strength Index (RSI). Price Action: The price is currently trading above its 200-period moving average (MA), which is a bullish...

hassanshahjehan

The XAUUSD pair is currently exhibiting a bearish trend, as evidenced by the downward sloping price action on the 4-hour chart. This downward bias is further reinforced by the position of the price below the 200-period moving average (MA). Technical Analysis: Price Action: The price is currently trading below its 200-period MA, which is a bearish signal. ...