Hi, This is SHIB/USDT daily chart. A few days back, the price had dropped to 29-30 level. It was a fundamental support level. As we had expected, the price went rebound from there. Now the price is getting the resistance at 37-38 level. We had a rebound, but unfortunately, volumes are not convincing this time. If the price breaks the resistance, we could see a...
2.41-2.48 appears to be good support. Defining a stop loss below this level, one can target 2.3 in the short to medium term. We can notice a bullish divergence on the RSI indicator. Overall, the possibility of a bullish movement is high. My stance is a BUY. Let me know your thoughts in the comments.
ICP/USDT pair is looking bullish here if it breaks its trendline resistance. Given a stop loss at 39.88, the target price is 56. Comment below to give your thoughts.
Currently, Litecoin is offering a good buying opportunity at 200-210 with a stop loss of 195-97. The first target is 275, and the second target is 375.
LTC is trading in the bullish channel, and we can expect the bullish momentum to continue in the mid-term. LTC has not performed significantly in the near past and there is a lot of room for this coin to play. My stance is bullish in the near to long term.
SPX may re-test its 4620-4636 level before we see the bull journey continue. You may also consider this level as a technical stop-loss.
The index is currently trading in a bearish channel on the 4H chart. If it breaks the upper trend line, it will be facing horizontal resistance. Expecting a bearish or choppy movement ahead.
S&P 500 (SPX) has shown a splendid (but unnatural) rally in couple of months. However, before having a sustainable direction, I would expect the prices to retract towards 3135-3130 levels.
SPX ( S&P 500 index and futures) approaching a strong resistance 3116-3122. A price rejection may offer a good short-sell opportunity.
Watching a volatile week, S&P 500 is expected to continue its bullish trend ahead. The price seems to be within a predictable channel. Indicators like MACD and Stochastic are indicating a bullish movement. However, one should be watchful in the 2902-2934 price zone. If the bears could drag the price below 2900 - a further drop can be witnessed.
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We see that LTCUSD pair could not cross the diagonal resistance trendline. Looking at the chart and other technical indicators, It seems that LTCUSD will continue its longtime downtrend.