š Technical Analysis Pair: HAEDAL/USDTTime Frame: 3DPattern: š Descending Trendline / Long-Term DowntrendCurrent Price: Ā± $0.01851Major Low: Ā± $0.01411 — š Chart Structure HAEDAL/USDT remains below the descending trendline that has been forming since the high around $0.30. The yellow trendline represents long-term bearish pressure, with the price consistently forming Lower Highs. However, there is…
Testing descending trendline resistance near 1.16138! Are you blindly buying into this localized pause, or positioning for the multi-wave rejection flush down to macro channel support? š¤ The Euro is continuing its macro distribution cycle within a heavily structured descending channel on this 2-hour OANDA chart. EUR/USD is trading around 1.16138, rolling over beneath its…
š Technical Analysis | NIL/USDT ā 4D NIL is currently in a very interesting position as price is approaching the Descending Trendline that has been limiting price action for several months. Price is currently around $0.05016, while the descending trendline remains the key dynamic resistance. If this resistance is successfully broken with strong confirmation, the…
š Consolidating right above ascending support near 79,488.00! Are you panic-selling this healthy higher-low retest, or locked in for the multi-wave breakout surge to macro channel resistance? š¤ Bitcoin is coiling tightly above its primary ascending Support line after breaking out of its prior higher-timeframe Wedge pattern on this 1-hour Binance chart. BTC/USDT is trading…
š LONG setupI would not chase a long at the current price. The cleaner long would be either: A. 4,400ā4,410 holds + bullish reversal or B. Price reclaims 4,460 and successfully retests it For B: Entry: ~4,460 after confirmationSL: below the retest/supportTP1: 4,510TP2: 4,550TP3: 4,575+ The second setup is higher quality because you’re getting confirmation…
Bitcoin (BTC/USD) is falling towards the pivot, which has been identified as a pullback support that aligns with the 50% Fibonacci retracement and could bounce towards the 1st resistance, which aligns with the 127.2% Fibonacci extension. Pivot: 78,959.56 1st Support: 76,079.55 1st Resistance: 82,924.25 Disclaimer:The opinions given above constitute general market commentary and do not…
XAUUSD continues to hold a bullish structure on the H1 timeframe, with price respecting the rising trendline after the recent pullback. The current consolidation around 4,470ā4,480 has not invalidated the broader upward structure. If price continues to hold above the rising support and buying pressure returns, I expect XAUUSD to push higher toward 4,495 first….
The price is rising towards the pivot, which has been identified as a pullback resistance that is slightly below the 61.8% Fibonacci retracement and could reverse towards the 1st support support which is a pullback support. Pivot: 4,524.88 1st Support: 4,427.07 1st Resistance: 4,617.40 Disclaimer:The opinions given above constitute general market commentary and do not…
ā Price Action Analysis (H4 Timeframe) ā” Market Structure & Rebound from Demand:The H4 structure reveals that following a sharp decline from the 1.17121 peak, the price found a strong support floor in the 1.15667ā1.15800 range (bottom gray box / Major Demand Zone). A micro “Double Bottom” pattern formed in this area, triggering a bullish…
Ninja (USD/JPY) is rising towards the pivot, which acts as a pullback resistance that aligns with the 38.2% Fibonacci retracement and could reverse towards the 1st support. Pivot: 157.29 1st Support: 155.23 1st Resistance: 158.07 Disclaimer:The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or…
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