Tag: Technical analysis
Market Picture The cryptocurrency market cap has not changed over the past day, remaining close to $3.81 trillion. On Wednesday, the market rose to $3.9T, but was unable to maintain its growth trajectory. Among the top coins, Ethereum has been the growth leader for over 24 hours, but its 1.4% rise is less than half […]
Tron: ⬆️ Buy – Tron reversed from the support zone – Likely to rise to resistance level 0.3495 Tron recently reversed from the support zone between the support level 0.3310 (low of wave b from August), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse form July. This support zone was […]
Apple: ⬆️ Buy – Apple broke the resistance level 234.00 – Likely to rise to resistance level 240.00 Apple recently broke with the upward gap above the resistance level 234.00, which stopped the previous minor impulse wave 1 at the start of August. The price earlier reversed from the support level 225.00 (former strong resistance […]
Coca-Cola: ⬆️ Buy – Coca-Cola reversed from the support area – Likely to rise to resistance level 70.00 Coca-Cola recently reversed from the support area between the strong support level 67.45 (which has been reversing the price from April), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse (1) from January. […]
Platinum: ⬆️ Buy – Platinum rising inside impulse wave 3 – Likely to reach resistance level 1480.00 Platinum continues to rise inside the impulse wave 3, which started earlier from the support zone between the support level 1300.00 (which has been reversing the price from July), lower daily Bollinger Band and the 38.2% Fibonacci correction […]
GBPNZD: ⬇️ Sell – GBPNZD reversed from the resistance zone – Likely to fall to support level 2.270 GBPNZD currency pair recently reversed from the resistance zone between the strong resistance level 2.3200 (which stopped the daily uptrend in April) and the upper daily Bollinger Band. The downward reversal from this resistance zone started the […]
Palladium: ⬆️ Buy – Palladium reversed from the support zone – Likely to rise to resistance level 1200.00 Palladium recently reversed up from the support zone between the key support level 1075.00 (low of the previous wave A), 50% Fibonacci correction of the sharp upward impulse from April and the lower daily Bollinger Band. The […]
WTI crude oil: ⬆️ Buy – WTI crude oil broke the resistance level 64.00 – Likely to rise to resistance level 66.00 WTI crude oil recently broke the resistance level 64.00 intersecting with the resistance trendline of the daily Falling Wedge from June. The breakout of the resistance level 64.00 coincided with the breakout of […]
Alibaba Group: ⬆️ Buy – Alibaba Group broke resistance level 135.00 – Likely to rise to resistance level 147.70 Alibaba Group recently broke the resistance level 135.00 (former monthly high from May), which was preceded by the breakout of the resistance level 127.60 (top of wave i from August). Before breaking these resistance levels Alibaba […]
AUDJPY: ⬆️ Buy – AUDJPY broke daily Down Channel – Likely to rise to resistance level 97.30 AUDJPY currency pair today broke the resistance the resistance trendline of the daily Down Channel from the start of July (which encloses the previous ABC correction 2). The breakout of this Down Channel continues the active short-term impulse […]