Tag: Technical analysis
IBM: ⬆️ Buy – IBM broke key resistance level 270.00 – Likely to rise to the resistance level 290.00 IBM broke above the key resistance level 270.00 (which stopped the previous impulse wave (1) in the middle of May). The breakout the resistance level 270.00 accelerated the minor impulse wave 3 of the intermediate impulse […]
Nikkei 225: ⬆️ Buy – Nikkei 225 broke the resistance area – Likely to rise to the resistance level 39500.00 The Nikkei 225 index recently broke the resistance area lying at the intersection of the resistance level 38340.00 (top of wave A from the end of May) and the resistance trendline from January. The breakout […]
EURJPY: ⬆️ Buy – EURJPY broke the key resistance level 165.00 – Likely to rise to the resistance level 168.00 EURJPY currency pair recently broke the key resistance level 165.00 (which has been steadily reversing the pair from the start of November, as can be seen from the daily EURJPY chart below). The breakout of […]
Natural Gas: ⬇️ Sell – Natural Gas reversed from key resistance level 3.80 – Likely to fall to support level 3.50 Natural Gas recently reversed down from the pivotal resistance level 3.80 (which is the upper border of the narrow sideways price range inside which the price has been trading from May). The downward reversal […]
Brent crude oil: ⬇️ Sell – Brent crude oil reversed from key resistance level 67.80 – Likely to fall to support level 64.60. Brent crude oil recently reversed down from the resistance area between the key resistance level 67.80 (which stopped wave (2) in the middle of April), upper daily Bollinger Band and the 61.8% […]
Filecoin: ⬆️ Buy – Filecoin reversed from strong support level 2.25 – Likely to rise to resistance level 2.875 Filecoin cryptocurrency recently reversed up from the strong support level 2.25 (which has been reversing the price from the start of April). The support level 2.25 was further strengthened by the lower daily Bollinger Band and […]
Chainlink: ⬆️ Buy – Chainlink broke daily down channel – Likely to rise to resistance level 16.00 Chainlink recently broke the resistance trendline of the daily down channel from the start of May (which encloses the previous minor ABC correction 2). The breakout of this down channel accelerated the active impulse wave 3, which started […]
Solana: ⬆️ Buy – Solana reversed from the support zone – Likely to rise to the resistance level 163.80 Solana cryptocurrency recently reversed up from the support zone between the key support level 141.65 (which has been reversing the price from April), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse […]
Bitcoin: ⬆️ Buy – Bitcoin broke daily down channel – Likely to rise to resistance level 110,000.00 Bitcoin cryptocurrency recently broke the resistance trendline of the daily down channel from May (which encloses the previous ABC correction 2 from the end of May). The breakout of this down channel accelerated the active minor impulse wave […]
CADJPY: ⬇️ Sell – CADJPY reversed from resistance area – Likely to fall to support level 104.00 CADJPY currency pair recently reversed down from the resistance area between the pivotal resistance level 106.00 (which has been reversing the price from March), upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from […]