Influenced by the new round of sanctions imposed by the United States on Iran and the recovery of the US stock market, international crude oil experienced a slight rebound at the beginning of this week from the previous significant sell-off. However, after sources revealed that OPEC+ is considering accelerating the pace of its oil production increase in June, international oil prices plummeted rapidly. Nevertheless, the easing of trade tensions has, to some extent, limited the downside of oil prices. From a technical analysis perspective, within the 3-hour and 4-hour timeframes, the price of crude oil received effective support from the MA38 (38-period moving average) and started to rebound. In the shorter timeframes of 30 minutes and 1 hour, after the MACD indicator formed a golden cross, the price successfully broke through the MA38 moving average, further confirming the short-term upward momentum. Considering all technical indicators comprehensively, it is expected that international crude oil will show a trend of fluctuating upward movement next Monday. USOIL buy@62.50-62.80 tp:63.50-64.00 Investment itself is not risky; it is only when investment is out of control that risks occur. When trading, always remember not to act on impulse. I will share trading signals every day. All the signals have been accurate without any mistakes for a whole month. No matter what gains or losses you've had in the past, with my help, you have the hope of achieving a breakthrough in your investment.
? HBAR Approaching Green Support Level ? HBAR is nearing a significant green support level. This area could provide a potential bounce and a good entry point for a long position. Wait for confirmation of support before entering the trade. ? Technical Overview: Support Level: Green zone. Potential Entry: Long position upon confirmation of support at the green zone.
? GETTEX:TAO Forms Bearish Head and Shoulders Pattern ? GETTEX:TAO has formed a bearish head and shoulders pattern, which typically indicates a potential reversal to a bearish trend. However, for the bullish trend to continue, GETTEX:TAO needs to break out above the significant red resistance zone. ? Technical Overview: Pattern: Bearish Head and Shoulders Resistance Zone: Bullish Continuation: A breakout above this red resistance zone is crucial for the continuation of the bullish trend. .
Compair rsi and mac-d levels… pull back right on the same levels..
#EAST timeframe 1 day Created a bearish AB=CD pattern Sell point around 34.90 Stop loss / reentry 35.85 (estimated loss -2.77%) First target at 33.00 (estimated profit 5.00%) Second target 31.95 (estimated profit up to 8.60%) MACD supports this idea NOTE: this data is according to timeframe 1 day. NOTE: stock remains positive for long term. It's not advice for investing, only my vision according to the data on the chart. Please consult your account manager before investing. Thanks and good luck.
The EUR/USD pair is currently trading around 1.13619 on the 2-hour chart. After a period of consolidation, the price appears to be weakening below a key horizontal support zone. If the current level fails to hold, we could see a strong bearish move targeting the next supports at 1.11955, 1.10380, and ultimately 1.09022. The sharp downward arrow and highlighted economic events suggest that upcoming European and U.S. data could accelerate this move. The risk-to-reward ratio looks favorable, with a stop-loss placement above 1.13674, and multiple take-profit levels identified along the way. Key Support Levels: 1.11955 1.10380 1.09022 Key Resistance Levels: 1.13674 1.15294 Idea: As long as the price remains below 1.13674, bearish setups are favored. A break below the blue horizontal support line could trigger strong selling momentum, providing good opportunities for short trades.
This analysis was the first analysis posted on this page and this video shows the result of this analysis in the long term, this analysis was done with the lowest drawdown. Sasha Charkhchian
Gold (XAU/USD) is currently trading around the 3318.760 level on the 2-hour chart. The recent market structure shows clear weakness with the formation of lower highs and lower lows. If the price breaks below the key support levels at 3317.505 and 3231.027, further downside towards 3146.825, 3081.588, and eventually 3026.212 could be expected. This bearish scenario is supported by technical patterns and the ongoing downward momentum. The red lines and arrows on the chart indicate the possible bearish path, especially with upcoming major U.S. economic news releases, which could bring increased volatility. Key Support Levels: 3317.505 3231.027 3146.825 3081.588 3026.212 Key Resistance Level: 3445.704 Idea: As long as the price remains below 3445.704, the bearish bias will stay intact. If the price action moves as expected, sell setups could be prioritized upon confirmation.
I. Trends and Patterns From the 4 - hour chart, BTCUSD has shown complex volatility characteristics recently: 1.Consolidation phase: The price oscillated within a narrow range in the early stage, forming a rectangular consolidation pattern. The forces of bulls and bears were relatively balanced, and there was a strong wait - and - see sentiment in the market. 2.Breakout and current pattern: After breaking through the consolidation range, the price moved upward, indicating that the bulls were dominant in the short term. However, it has now entered an ascending wedge pattern - which is a common reversal signal in technical analysis. - Pattern characteristics: Although the price has been making short - term new highs, the upward slope has gradually flattened, suggesting that the bullish momentum is fading and the bearish momentum is gradually accumulating. Be vigilant against the risk of trend reversal. II. Key Support and Resistance Levels S1 : $93,000. It is near the lower trend line of the ascending wedge and also a previous pullback low. If the price drops, this could form a strong support. If it is broken, it may open up a downward space, and we need to be vigilant against trend reversal. S2 : $91,500. It is the upper edge of the previous consolidation range. If the price drops significantly, this may form a secondary support to slow down the decline. R1 : $96,000. It is near the upper trend line of the ascending wedge. The price has tested it several times without a valid breakthrough, indicating strong selling pressure here and a significant short - term suppression effect. R2 : $98,000. It is a higher - level resistance target. If the price breaks through $96,000 strongly and holds above it, it may further rise to this level. III. Trading Strategy Recommendations 1.Bullish strategy: - Entry conditions: The price finds support near $93,000 (such as the appearance of bullish candlestick patterns like hammer candlesticks), and does not break below this level. - Target price: $96,000 (testing the upper wedge), and if broken, look towards $97,500. - Stop - loss setting: Break below $92,500 (below the lower edge of the support level). 2.Bearish strategy: - Entry conditions: The price effectively breaks below the support level of $93,000 (such as closing below it for two consecutive candlesticks), or encounters resistance and falls back near $96,000 (the appearance of bearish patterns like shooting star candlesticks). - Target price: $91,500 (the upper edge of the previous consolidation), and if it further drops, it can look towards $86,000. - Stop - loss setting: Break above $96,500 (above the upper wedge). 3.Risk warnings: - The reversal signal of the ascending wedge needs to be verified with trading volume (for example, if there is a significant increase in volume during the breakout, the signal is more reliable). - Pay close attention to fundamental factors such as the expected Fed policy and regulatory dynamics of cryptocurrencies. Be vigilant against breakout movements triggered by unexpected news. IV. Conclusion Currently, BTCUSD is in a critical observation period of the ascending wedge. Technical analysis shows that the bullish momentum is waning, and it faces a directional choice in the short term. Aggressive traders can lightly test the waters near support/resistance levels, while conservative traders are advised to wait for clear breakout signals (such as a volume - based breakout of the upper wedge or an effective breakdown of the lower wedge) before entering the market. At the same time, strictly control positions and stop - losses to avoid volatility risks before the pattern is confirmed.
The BTC is forming bearish formation, Please manage risk properly.