In the 4H chart in futures operations, the price at this moment is in a NON-OPERABLE AREA, since we would wait for the time for the price to retrace or make a range and purchase positions are reopened
NILUSDT 15 Minute Technical Analysis Nillion Coin's 15 minute chart on Binance is currently showing a sideways movement. It is above the 0.67 support level and moving at the same level as the 21-day moving average line. We believe Nillion Coin has the potential to rise to higher price levels. There is a possibility of retesting the 0.8083 resistance level. Since hourly and daily technical data are not available at the moment, we are sharing the analysis based on 15 minute data. NOT INVESTMENT ADVICE. The information, comments, and recommendations provided here do not constitute investment advice. Investment advisory services are offered within the framework of an investment advisory agreement signed between investors and brokerage firms, portfolio management companies, or non-deposit banks. The opinions expressed on this page are solely personal views. These views may not be suitable for your financial situation, risk tolerance, or return preferences. Therefore, no investment decisions should be made based on the information and statements provided on this page. To stay updated on our analyses, whether positive or risky based on technical indicators, we would appreciate it if you follow and like us.
The gold price rose above 3012. The long orders entered near 3004-2996 before the closing are currently profitable. From the trend pattern, there is still room for rebound, but it will take some time. During this process, the price may fluctuate. For friends who have already made profits, it is not worthwhile to bear the risk of profit taking, so this order can be closed first. Of course, if you don’t mind this risk, you can continue to hold it. I expect the rebound resistance to be around 3018. In terms of the current big trend, the better long opportunities may be more inclined to the 2996-2982 area, because this is the starting point of the previous rise, and it can be regarded as a strong support platform. Usually in this case, the probability and amplitude of the rebound will be higher. Of course, if there is a reverse impact from news, asymmetric fluctuations are also possible. Today’s main focus is the integer support of 3000. If it falls below, consider the support of the large range of 2996-2982, and the second is the resistance of the range of 3015-3023 during the current rebound. The overall trading plan is that if the price falls below 3000, long positions will be opened in batches in the 2998-2986 range. If the rebound cannot break through 3023, short positions will be traded in batches in the 3009-3021 range. I will update the specific transaction details in real time, so you can check them in time. If you have any questions, please leave a message at any time.
DJI, TRENDS AND HORIZONTAL TRADING TARGETS MARKED There is a neat area around the 42k mark and specifically the 41.8k mark. RSI and Trends point that the next move might be a sharp down move, however, it falls right to a trend, which then rises to a rejection trend, the rejection trend aligns with horizontal support and takes it up and out with potentially as high as 55k, but more likely it looks like 47k, and then a retracement which would then take it higher to around that 70k (74K) mark, However, this move would be highly dependent on the path it takes, Which usually drops it to around 63k, which then takes it upwards to the 145k mark. Again, this is a LONG way out and you'll need new charts by that point in time. In the near future, you need to know that indicators on the long term charts and short term charts are overvalued and falling towards support meaning that looks like a better than average opportunity to buy the dip. Thanks, my dog is trying to eat my food as I type so I'll keep this short. Good luck, follow the trends and price targets and ignore the orange guideline because the further it gets from the source, the less accurate it will become requiring you to readjust your trends and lines.
GBPAUD is facing a strong resistance area and price has gone down several time and soon down trend should start.
Be patient for TP of this pattern, the morning is very near.... At the end of the black night you can see light of the sun but you must be patient. Happy new sunny year(1404 norooz celebs ) To Iranian smart peoples. I know that at all of the world at least one Iranian citizen is a expert.
Price was in an overall downtrend but has now retraced to mitigate an order block that created a break of structure. So now I'm waiting for a confirmation for short entries. Confirmation can be anything from change of character on the order block to candlesticks confirmation depending on what I see first.
Although there is a reverse head and shoulders formation on the chart, the targets are drawn according to Fibonacci.Let's look for closures above the blue line.
- Brent crude oil broke resistance zone - Likely to rise to the resistance level 73.60 Brent crude oil recently broke the resistance zone between the resistance level 71.30 (top of wave A), resistance trendline of the daily down channel in January and the 38.2% Fibonacci correction of the downward impulse from February. The breakout of this resistance zone accelerated the C-wave of the active intermediate ABC correction (2) from the start of March. Brent crude oil can be expected to rise to the next resistance level 73.60 (top of the previous minor correction 4 from the end of February).
- Amazon reversed from the support zone - Likely to rise to the resistance level 210.00 Amazon recently reversed up from the support zone between the support level 190.00 (former resistance from October), lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from August. The upward reversal from this support zone started the minor correction 4 of the active intermediate impulse wave (C) from February. Given the strength of the support level 190.00, Amazon can be expected to rise to the next resistance level 210.00, former support from February.