Will be watching the next few 4h Candles for confirmation, however noticing 4h bullish div on RSI, so with increased volume could be a reversal, otherwise a great chance to grab KAS at 10c! Summary of Kaspa Signal Analysis: 1. Current Price and Monthly Chart - Kaspa is trading at $0.124. - Monthly chart shows consolidation with selling pressure, but 4-hour chart hints at bullish potential. 2. Head and Shoulders Pattern - Potential head and shoulders pattern might push the price to test $0.10 support. - This level is viewed as a possible bottom. 3. Weekly Chart Reversal Signs - Last week's engulfing candlestick suggests a possible trend reversal. - RSI and MACD indicate bearish momentum with a chance of further price drops. 4. Oversold Signals and Support - Oversold RSI conditions near support could lead to a price rebound. - Bearish MACD momentum appears to be slowing. 5. Daily Chart: Long-Legged Candlestick - Indicates market indecision and potential weakening of bearish momentum. - Requires strong green candlesticks for bullish confirmation. 6. 4-Hour Chart Bullish Divergence - Price making lower lows while RSI makes higher highs points to bullish divergence. - Engulfing candlestick suggests reversal, but additional confirmation is needed. 7. Critical Upcoming Sessions - Next 2-3 sessions will reveal if a breakout or continuation of the downtrend occurs. - Watch for strong green candlesticks or prolonged small candlestick bodies. 8. Resistance Levels - Immediate resistance at $0.129, with the next level at $0.13. - Possible outcomes: breakout, consolidation, or continuation of the downtrend. 9. Final Insight - The next few 4h candlesticks are vital for confirming the bullish divergence and price direction. Disclaimer: Not Financial Advice This post is for informational and educational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are highly volatile and involve significant risk. Always conduct your own research (DYOR) and consult with a licensed financial advisor before making any investment decisions. The author of this post accepts no liability for any financial losses or decisions made based on the information provided. Trade responsibly!
Breakout chart for long term investment ...this is monthly chart and I think 2400 around price is visible
EFERT is dropped from its support of 192.5 and again bounce back and cross above 192.5 level. Fresh entry could be possible and it is likely to cross 201 and 215 again. TP 1 is 201 TP 2 is 215. Stop Loss 185. Note: This is not a buy/sell call. Trade at your own will.
https://www.tradingview.com/x/JlSrel1o/ Here is our detailed technical review for USOIL. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 69.836. Considering the today's price action, probabilities will be high to see a movement to 71.162. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
https://www.tradingview.com/x/bQO4yRBb/ Take a look at our analysis for EURUSD. Time Frame: 30m Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.042. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.040 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
https://www.tradingview.com/x/o309rszC/ Please, check our technical outlook for AUDCHF. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 0.558. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.553 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
CSAP is dropped from its strong support of 101 and not touched to support of 93.82, fresh entry could be taken if it crosses 101 again or it drops to 93.82 and bounce back. Stop loss 93 and 83 TP 1 is 108, TP 2 is 117 and TP 3 is 131 Note: This is not a buy/sell call. It is an analysis. Trade at your own will.
https://www.tradingview.com/x/jFEiro8q/ ✅EUR_AUD made a bullish Breakout, retest and a nice Rebound off of the key horizontal Level of 1.6600 which is now A support which reinforces our Bullish bias thus making us Expect some further growth LONG? ✅Like and subscribe to never miss a new idea!✅
See my chart I put comments therein. That WICK that I needed to see is forming on the weekly. I did go ahead and publish a low time frame for the trolls in here who cannot seem to get it through their thick skulls that I am not a day trader. What am I going to do with the pennies you are making. This little channel is an accumulation zone and I am buying here, there is nothing to sell at this level. People who are selling here are absolutely nuts in my opinion. Sell low, buy high. Yah no thanks.
Since a lot of the trolls here love the lower time frames, here is one for you guys.