A double top bearish pattern is formed for ADNOCLS, the price may drop to 4.15.
? EURUSD Price Forecast – Bullish Breakout Confirmed! ? EURUSD has formed a double bottom chart pattern at the bottom of the downtrend, signaling a potential trend reversal. The market has successfully broken out of the trendline with a strong bullish candle, followed by a retracement on the second bottom—a textbook confirmation of trend continuation. ? Key Technical Insights: ✅ Double Bottom Formation – A strong reversal signal. ✅ Breakout of the Neckline – Confirmation of bullish momentum. ✅ Breakout of 50EMA – Buyers are gaining control. ✅ Trendline Retest Completed – Classic bullish setup. ? Technical Target Levels: ? 1st Target: 1.0930 ? 2nd Target: 1.1180 https://www.tradingview.com/x/bJnZ8pfr/ ? Final Thoughts: EURUSD is showing strong bullish momentum, and buyers are in control. Watch for a sustained move above the neckline to confirm the next leg higher! ? Like, Comment & Follow for more expert analysis! ? (This analysis is for learning purposes only, not financial advice.)
This strategy has been tested and shows a high win rate, making it a compelling play in today's market conditions. The high volume further minimizes slippage and validates the strength of the move, giving traders confidence in the potential for success.
EURUSD is bullish on its 1D technical outlook (RSI = 62.145, MACD = 0.003, ADX = 17.266) and overbought on the lower timeframes with the 4H RSI in particular above 75.000. The Channel Up that started on the February 2nd low had every HH pull back to its 0.618 Fib level. Consequently we are short on the short term (TP = 1.04500). If the price crosses under this 1 month Channel Up, the longer Channel Up should push even lower to the 0.786 Fib of the greater bullish wave (TP = 1.03000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
bitcoin will fall down from the flip line have a great $$
Just a few minutes ago, I received a notification on the X platform about a few words posted by Elon Musk. I immediately went in and bought, and within three minutes, I made nearly 50% profit. Now, let’s see what this is and what can be done with it. It seems that after Elon Musk’s tweet, this token experienced a sharp pump. However, the overall chart trend shows that after an initial significant drop, the price has been moving in a range with low volatility for some time. ? Key Technical Analysis Points: Initial Pump and Dump: In the past, FAFO exhibited an explosive move but quickly corrected and entered a consolidation phase. Ichimoku Cloud: The price has recently attempted to break out of the Kumo cloud, suggesting a potential bullish move. HARSI Indicator: This indicator, which combines RSI and volume bands, shows significant volatility and is nearing the oversold region, potentially signaling an upcoming bullish reversal. Reaction to Elon Musk’s Tweet: A 42% price pump following the tweet indicates this coin is heavily influenced by hype and news. ? Conclusion: If FAFO is a shitcoin, heavy pump-and-dump movements are expected. A breakout above the resistance level at 0.0042, followed by consolidation, could signal continued upward momentum. However, if this pump is solely tweet-driven, a price correction is highly likely. Risk management is crucial, as tokens pumped by news can crash suddenly. ? Suggestions: ? If you plan to enter, wait for the price to stabilize above the resistance level. ? Set a stop-loss below 0.003 to protect against sharp volatility.
The price has bounced off this trend line every single time and bounced 138% the last two times. Could it happen again? Will it happen? We shall see.
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sell since currency losses value and create lowerlows ........
The MACD (Moving Average Convergence Divergence) is one of the most widely used technical indicators, helping traders identify trend direction, momentum shifts, and potential buy/sell signals. How the MACD Works: ? MACD Line (Blue): The difference between the 12-period EMA and the 26-period EMA. ? Signal Line (Orange): A 9-period EMA of the MACD line, smoothing out signals. ? Histogram: Measures the difference between the MACD and Signal Line, visually representing momentum. How to Use It for Trading: - Bullish Crossover: When the MACD Line crosses above the Signal Line, it indicates a potential buying opportunity. - Bearish Crossover: When the MACD Line crosses below the Signal Line, it signals a potential selling opportunity. - Divergences: If price action moves opposite to MACD, it can indicate trend exhaustion and potential reversals. - Histogram Strength: Expanding bars suggest strong momentum, while contracting bars indicate weakening trends. MACD in Action (Chart Above) In this NASDAQ 100 chart, we see a clear bearish crossover followed by strong downward momentum. The histogram confirms the selling pressure, aligning with the price drop.