Tag: Technical analysis

Airbnb: ⬆️ Buy – Airbnb broke daily Triangle – Likely to rise to resistance level 138.00 Airbnb recently broke the resistance trendline of the daily Triangle from the middle of February, as can be seen from the daily Airbnb chart below. The breakout of this daily Triangle accelerated the active impulse wave 3 of the […]

Baidu: ⬆️ Buy – Baidu broke daily down channel – Likely to rise to resistance level 127.00 Baidu recently broke the daily down channel from the start of February, which enclosed the previous sharp downward impulse wave (C). The breakout of this down channel coincided with the breakout of the resistance level 115.00 and the 50% Fibonacci […]

Ethereum: ⬆️ Buy – Ethereum reversed from support zone – Likely to rise to resistance level 2400.00 Ethereum cryptocurrency recently reversed up from the support zone between the support level 1800.00 and the support trendline of the daily up channel from February. The upward reversal from this support zone completed the previous intermediate ABC correction (2). Given […]

Bitcoincash: ⬆️ Buy – Bitcoincash reversed from support zone – Likely to rise to resistance level 2400.00 Bitcoincash cryptocurrency recently reversed up from the support zone between the support level 422.80 (monthly low from February) and support level 431.50 (monthly low from March) and the lower daily Bollinger Band The upward reversal from this support zone […]

Market Overview The crypto market capitalisation has recovered to $2.38 trillion, rising by around 2.5% over the past 24 hours — most assets on the watchlist are trading in positive territory. Today’s top performers include Avalanche (+6.6%), Cardano (+5.0%) and Ethereum (+3.8%). Among the few underperformers are IOTA (−1.3%), VeChain (−0.9%) and Bitcoin Cash (−0.6%). […]

Pfizer: ⬆️ Buy – Pfizer broke resistance zone – Likely to rise to resistance level 29.50 Pfizer recently broke the resistance zone between the resistance trendline of the daily Triangle from the start of February and the resistance level 27.6 (former multi-month high from October). The breakout of this resistance zone accelerated the active short-term impulse […]

Binancecoin: ⬆️ Buy – Binancecoin reversed from support zone – Likely to rise to resistance level 665.20 Binancecoin cryptocurrency today reversed up from the support zone between key support level 575.50 (lower border of the sideways price range from February) and the lower daily Bollinger Band. The upward reversal from the support level 575.50 stopped the previous […]

WTI Crude Oil: ⬆️ Buy – WTI Crude Oil broke round resistance level 100.00 – Likely to rise to resistance level 113.00 WTI Crude Oil recently broke above the round resistance level 100.00, which reversed the price multiple times in March as can be seen below The breakout of the resistance level 100.00 continues the active short-term […]

AUDJPY: ⬆️ Buy – AUDJPY reversed from support zone – Likely to rise to resistance level 111.00 AUDJPY currency pair recently reversed up from the support zone between support level 109.00, lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse from December. The upward reversal from the support level 109.00 created the daily […]

CHFJPY: ⬆️ Buy – CHFJPY reversed from support zone – Likely to rise to resistance level 202.00 CHFJPY currency pair recently reversed up from the support area located between support level 198.00 (former resistance from December, which has been reversing the pair for the last 3 months), lower daily Bollinger Band and the 50% Fibonacci correction of […]