Analysis of Moving average stocks (02/Dec/2024) follow for more updates and information
ETH buyers keep up momentum and next resistance seems to be at 3800.
NASDAQ:OM The send is coming.......... $10+ #RWA #Binance #OM #MANTRA
This week we are looking to sell gold when it reaches the top of our 4 hour channel. On the 4 hour chart I have drawn some trend lines which indicate a flag pattern forming , by adding Fibonacci re trace and noting the 0.618 area it gives me an indication of where gold will push to. However this will not be our entry, if you look left on the chart you can see previous area where high resistance has taken place, I feel this will be a more likely area to enter . Plan Wait for gold to get that initial push up to 6272.4 and monitor for rejection on the trend line from the channel. Our take profit will be 2620 which is 560 pips. I think I am being conserve here but ill be moving mt SL to this level if we get there to secure some pips. 2620 is usually a strong level of support until its not so if we break we could be looking at 2600,2595,2585 area and down As always trade safe use proper risk management don't over leverage Check out my other charts on here Trade safe
I'm predicting Rare will be heading up pretty soon. Uptrend direction atm. Place Below your price Predictions targets.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Arpa/usdt is showing signs of an important setup as it approaches a key resistance level. The current price action suggests the potential for a breakout, which could lead to a strong bullish rally if confirmed. Observations: - The resistance zone has acted as a barrier in the past, and breaking above it could pave the way for an upward move. - Watch for increased volume during the breakout, as it often signals strong market participation. - Indicators like RSI and MACD are showing positive momentum, adding to the breakout possibilities. Tips for trading: - Wait for a clear 4-hour or daily candle close above the resistance to ensure confirmation. - Look for a pullback to the broken resistance turning into support, which can provide a safer entry. - Use a stop-loss below the breakout level to manage risk effectively. - Be mindful of false breakouts, especially if the volume does not support the move. Potential targets will depend on the next key levels on the chart and overall market conditions. Always conduct thorough research and follow your trading plan to ensure calculated decisions. This is for educational purposes only, not financial advice. Always trade responsibly.
The chart displays a downward trend for SYSTECH. The stock price has been declining over the past few months, with a series of lower highs and lower lows. * Resistance Levels: The stock has encountered resistance at the 0.400 and 0.350 levels, where it has struggled to break above. This indicates that there is significant selling pressure at these price points. * Support Levels: The stock has found some support at the 0.250 level. However, it is important to note that this support level has been tested multiple times and may not hold in the future. * Volume: The volume has been declining during the downtrend, which suggests that there is less interest from investors in the stock. Potential Rebound or Continued Downward Trend: Based on the current chart, it is difficult to predict a clear rebound. The stock may continue its downward trend if the current support levels break. However, there are a few factors that could potentially lead to a rebound: * News or Events: Positive news or events related to the company could trigger a buying interest and lead to a price increase. * Technical Indicators: If technical indicators such as the Relative Strength Index (RSI) or Moving Averages start to show bullish signals, it could indicate a potential reversal. * Market Sentiment: A change in market sentiment towards the stock could also lead to a rebound. Important Considerations: * It is important to note that technical analysis is just one tool and should not be used as the sole basis for investment decisions. Disclaimer: Please be informed that all stock picks are solely for educational and discussion purposes; they are neither trading advice nor an invitation to trade. For trading advice, please consult your remisier or dealer representative.
Hello everyone. Let's discuss the trend of gold next week. We can see that the 1-hour chart is currently maintained within the range, and the current bottom trend line is rising step by step, and the high point is getting higher and higher. From the bottom trend line, we can see that the current bottom trend line is almost around 2635. If gold continues to fall below 2650 next week, then there is a probability that it will continue to test the bottom of the trend line support near 2635. If gold continues to retreat to 2635 and stabilizes next week, it is expected to continue to rise again. If you think my article analysis is helpful to you, please like me. Thank you for your support
BAT broke downward from it's consolidation pattern but found support on the 50 EMA and trendline. SRSI is healthy and MACD may make a bullish crossover. Please observe Swing High and FVGs they may pose as reversal or correction areas. Have a safe day