Tag: Technical analysis
GBPCAD: ⬇️ Sell – GBPCAD reversed from resistance zone – Likely to fall to support level 1.8275 GBPCAD currency pair recently reversed down from the resistance zone lying between the resistance level 1.8720 (which stopped the previous impulse wave (3) and the resistance trendline of the weekly up channel from 2023. This resistance zone was […]
Monero: ⬇️ Sell – Monero reversed from round resistance level 400.00 – Likely to fall to support level 300.00 Monero recently reversed down from the powerful round resistance level 400.00, standing far above the upper daily Bollinger Band. The price will form the weekly Japanese candlesticks reversal pattern Bearish Engulfing if it closes this week […]
Trump Coin: ⬇️ Sell – Trump Coin broke the support zone – Likely to fall to support level 10.00 Trump Coin recently broke the support zone between the support level 11.95 (which has been reversing the price from the start of May) and the 50% Fibonacci correction of the upward correction (2) from the start […]
Bitcoin: ⬇️ Sell – Bitcoin broke daily up channel – Likely to fall to support level 105,000.00 Bitcoin cryptocurrency recently broke the support trendline of the sharp daily up channel from the start of April intersecting with the 50% Fibonacci correction of the upward impulse from the middle of May. The breakout of this up […]
GBPJPY: ⬇️ Sell – GBPJPY reversed from the key resistance level 196.00 – Likely to fall to support level 193.00 GBPJPY currency pair recently reversed down from the key resistance level 196.00(which has been reversing the price from March) intersecting with the upper daily Bollinger Band. The downward reversal from this resistance level 196.00 created […]
EURCAD: ⬆️ Buy – EURCAD reversed from the support zone – Likely to rise to resistance level 1.5755 EURCAD currency pair recently reversed up from the support zone between the support level 1.5550 and the support trendline of the daily Triangle from March. The support level 1.5550 was further strengthened by the lower daily Bollinger […]
Microsoft: ⬇️ Sell – Microsoft reversed from resistance zone – Likely to fall to support level 447.00 Microsoft recently reversed down from the resistance zone located between the resistance levels 465.00 (which stopped the weekly uptrend in 2024) and 455.00 (top of wave (B) from the end of 2024). This resistance zone was further strengthened […]
Silver: ⬇️ Sell – Silver reversed from resistance level 33.70 – Likely to fall to support level 31.70 Silver recently reversed from the resistance level 33.70 (which is the upper border of the sideways price range inside which the price has been trading from April). The resistance area near the resistance level 33.70 was strengthened […]
FTSE 100 index: ⬇️ Sell – FTSE 100 index reversed from key resistance level 8800.00 – Likely to fall to support level 8650,00 The FTSE 100 index recently reversed from the key resistance level 8800.00 (which has been steadily reversing the index from the start of February). The resistance area near the resistance level 8800.00 […]
Litecoin: ⬆️ Buy – Litecoin reversed from key support level 92.65 – Likely to rise to resistance level 100,00 Litecoin cryptocurrency recently reversed from the key support level 92.65 (which stopped the previous minor correction (2) earlier in May). The support level 92.65 was strengthened by the 50% Fibonacci correction of the previous upward impulse […]