BTCUSDT / 4H TIME FRAME HELLO TRADERS Current Trend , Prices are under downward pressure, trading below a defined supply zone (97,923–99,531) , A supply zone indicates a range where selling interest is high, causing resistance to upward price movement. If prices remain below the supply zone and stabilize , A decline toward a demand zone (92,402–90,794) is expected , A break below the demand zone, confirmed by a 4-hour (4H) candle closing beneath it, suggests further decline toward a lower range price of 88,698. If the supply zone is breached, particularly with a break above the all-time high (ATH) price of 99,600 , Prices are expected to rise toward a new historical zone between 100,800 and 104,000.
We could be infact repeating the exact thing in 2020-2021 bull run. We need to get above the 0.69~ area to be really bullish. #ENJ #Gaming #NFTs
The price is consolidating in a higher timeframe inefficiency following the election expansion, which makes market conditions more difficult than usual. Last week, the price consolidated (time distortion), so this week I would expect an upward expansion towards the weekly target. Just above the short-term target, there is a bearish propulsion block on the higher time frame. Depending on the reaction in this area, we will see if the weekly target is reached. This week we have NFP, Powell, and unemployment claims, so I expect volatility.
Hello all. Gold returned from no-where, then it will response to DB zone. be happy and have a nice week (wink)
Market Outlook for Nifty Spot on December 02, 2024 Morning Movement: Likely to see an upward move in the morning hours. A potential drop of around 300 points is anticipated later. Key Levels to Watch: Resistance: Strong resistance at 24,330. If this level is broken, Nifty spot could rise to 24,385, provided there is no gap opening on either side. Support: On the downside, support levels are at 23,947 and 23,831. Overall Sentiment: The Nifty is expected to close on a bearish note. Disclaimer: These views are for educational purposes only. Please use your own technical analysis for entry and exit decisions. Always trade with a stop-loss to manage risks effectively.
USDCAD SWING POSITION The potential scenario for the pair next weeks: The pair is to be monitored as it approaches the designated buy zones on the chart.
Technical Analysis for $JASMY/USDT Based on Weekly Chart #JASMY The price is showing a healthy structure, with potential pullbacks to the support zone before continuing higher. Future Expectations: Sustained trading above $0.02410 should lead to the first target of $0.04159. Momentum could carry the price toward $0.05561 and eventually $0.07034, provided broader market conditions remain supportive. Target 1: $0.04159. Target 2: $0.05561 Target 3: $0.07034
let's know about the EGLD project EGLD (MultiversX) is a fast, scalable blockchain designed for dApps, DeFi, and metaverse projects. It aims to power next-gen decentralized ecosystems while competing with platforms like Solana and Ethereum. CHART , TA weekly chart displays a breakout of falling wedge pattern without retest ... it's extremly bullish sign clear the red rectangle is important to continue going up ... target is 280$ Best Regards Ceciliones
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
#NEAR / USDT ? Weekly Analysis: CRYPTOCAP:NEAR CRYPTOCAP:NEAR has shown a strong bullish breakout from its downtrend, indicating the possibility of considerable upside. For the rally to continue, it’s crucial that we hold above the key resistance level at $8.18. The next targets are $11.35 (T1) and $14 (T2) in the short term. Additionally, the support zone at $4.97 presents a great re-entry opportunity for buyers during any corrections. With positive momentum gathering, $ CRYPTOCAP:NEAR s looking strong! #SRFXGlobal