Tag: tickmill
Type: Bearish MomentumKey Levels:Resistance: 61225Pivot: 60429Support: 58199Preferred Case:On the H1, price has broken out from the ascending channel and is moving below the ichimoku cloud which supports our bearish bias that price will drop from our pivot at 60429 in line with the overlap resistance and 23.6% fibonacci retracement to the 1st support at 58199 […]
Type: Bullish RiseKey Levels:Resistance: 9999Pivot: 9410Support: 9124Preferred Case:On the H1, price is moving above the ichimoku cloud and within the ascending channel which supports our bullish bias that price will rise from the pivot at 9410 where the swing low support and 23.6% fibonacci retracement are to the 1st resistance at 9999 in line with […]
Coinbase CEP Hits OutShares in US crypto-broke Coinbase are heading lower once again this week. The company’s stock has bene in freefall this year amidst the broader rout in tech stocks as well as the specific losses suffered in the crypto space which have seen a high level of clients exiting coinbase. The company recently […]
Gold Reverses Friday’s Gains on USD UpsideAnother frustrating start to the week for gold bulls. Both gold and silver prices have started the week under pressure amidst the renewed buying we’ve seen in USD following Friday’s May CPI release. US inflation was seen surging back to highs last month. On the back of the softer […]
Type: Bearish MomentumKey Levels:Resistance: 16.775Pivot: 16.610Support: 16.040Preferred Case:On the H1, with price moving below the ichimoku indicator and price breaking the ascending trendline, we have a bearish bias that price will drop from our pivot at 16.610 in line with the 23.6% fibonacci retracement and overlap resistance to the 1st support at 16.040 in line […]
Type: Bearish MomentumKey Levels:Resistance: 28330Pivot: 27390Support: 260780Preferred Case:On the H4, with price moving below the ichimoku cloud, we have a bearish bias that price will continue to drop from the pivot at 27390 at the overlap resistance in line with the 61.8% fibonacci retracement to the 1st support at 260780 in line with the swing […]
Type: Bearish MomentumKey Levels:Resistance: 974.4Pivot: 952.7Support: 924.4Preferred Case:On the H1, price is moving below the ichimoku cloud which supports our bearish bias that price will drop from our pivot at 952.7 in line with the overlap resistance to the 1st support at 924.4 in line with the swing low support and 127.2% fibonacci extension .Alternative […]
Type: Bullish MomentumKey Levels:Resistance: 51788Pivot: 51240Support: 51035Preferred Case:On the H1, price has broken through the descending channel and is moving along the ascending trendline. Also, price is moving above the ichimoku indicator which supports our bullish bias that price will rise from our pivot at 51240 in line with the overlap resistance, 38.2% fibonacci retracement […]
Type: Bearish MomentumKey Levels:Resistance: 84.40Pivot: 80.73Support: 76.83Preferred Case:on the H4, with price moving in a descending trend channel and moving below the ichimoku cloud , we have a bearish bias that price will drop from the pivot at 80.73 in line with the 78.6% fibonacci projection and swing high to the 1st support at 76.83 […]
Type: Bearish MomentumKey Levels:Resistance: 9978Pivot: 9516Support: 8700Preferred Case:On the H4, with price moving within the ascending trend channel, we have a bearish bias that price will drop to the 1st support at 8700 in line with the 100% fibonacci projection within the trend channel at the swing low, from the pivot at 9516 at the […]