Technical analysis of ETH contract on April 23: Today, the large-cycle daily level closed with a big positive line yesterday, and the K-line pattern continued to rise. The price stood above the moving average, and the attached indicator was running in a golden cross. The current rise in the big trend is obvious. The previous high pressure position of 1700 is currently converted into the support position below, so the main idea is to keep retracement and do more; the short-term four-hour chart K-line pattern continued to rise, and the attached indicator was running in a golden cross, but the price deviated from the moving average and returned to the moving average support area of 1715. The hourly chart hit the high point in the morning and then came under pressure. From this point of view, it is likely to be a correction trend during the day, and the strength mainly focuses on the strength of the European session. Therefore, today's ETH short-term contract trading strategy: sell at the current price of 1790, stop loss in the 1820 area, target 1735-1715 area, buy at the 1715 area, stop loss in the 1685 area, target 1800 area;
EUR/USD holds steady above 1.1400 ahead of key US data EUR/USD struggles to gather recovery momentum but holds steady above 1.1400 on Wednesday following the mixed PMI data releases for the Eurozone and Germany. Markets await comments from central bankers and US PMI data.
is gold finally topped and now we are heading back to test support? 4hr visible range profile would suggest so. Since the 13th even though price continued to rise, we did so on less volume. It looks like we could test the vah of 3191 but its quite possible we get a decent bounce for a smaller long trade before reaching overall targets. https://www.tradingview.com/x/BLLCWCP8/
From the technical side, we are near the short-term downside resistance line, which if broken, may open the door towards higher areas. But will it be enough? Let's take a look. MARKETSCOM:US100 Let us know what you think in the comments below. Thank you. 77.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.
Technical analysis of BTC contract on April 23: Today, the large-cycle daily level closed with a big positive line yesterday, the K-line pattern continued to rise, the price was above the moving average, and the attached indicator was golden cross. It was said earlier that the trend had no continuity, so now the continuity has been achieved and the price has continued to break the high trend. In this way, the current large-scale upward trend is relatively obvious. Trading should still be short-term to prevent the risk of price retracement; the current price of the short-term four-hour chart deviates from the moving average, and the price returns to the moving average support position near the 91500 area. The hourly chart is currently under pressure and retreating, the K-line pattern is a single positive line, and the attached indicator is golden cross, so the trend will still be corrected during the day. Today's BTC short-term contract trading strategy: sell directly at the current price of 92850, stop loss at 93300, target at 91500, buy at 91500, stop loss at 91000, target at 93000;
PEPE’s market cap is testing the 0.236 Fibonacci retracement level ($3.76B) after a strong upward move from ~$2.91B. The price is consolidating near the swing high at $3.91B, indicating possible exhaustion or gearing up for a breakout. The MACD remains bullish for now, but the histogram shows waning momentum, suggesting caution. Key insights: Current Market Cap: $3.83B Key Resistance: $3.76B (0.236 Fib) and $3.91B (local high) Support Zone: $3.52B (0.618 Fib level) MACD: Still in bullish territory, but histogram bars are shrinking If PEPE breaks and holds above $3.91B with strong volume, the next bullish leg could follow. But a rejection at this level might bring it back toward $3.52B or even $3.42B (0.786). A MACD crossover down would confirm bearish divergence.
The previous surge in gold prices was mainly due to the market pricing of "stagflation" risks, but as this risk is gradually eliminated, gold may experience a significant correction, especially considering that "long gold" has become one of the most crowded trades in the market, and its parabolic rise is an obvious signal. From a larger cycle perspective, gold is still in an upward trend, because the actual yield may continue to decline under the background of the Fed's easing policy. But in the short term, if the good news about tariffs continues to be released, the price of gold may fall further, and the market will adjust according to the new environment. Views on gold tonight! In fact, the market has a warning for today's retracement. After all, yesterday's closing line was a big negative line, so there must be a continuation in the trend of gold. Moreover, after yesterday's gold rose to the 3500 line, the trend weakened, and the market fell all the way to break the 3400 mark and the 3300 mark, and fell to the lowest 3290 line! To be honest, this round of decline is still quite strong. After breaking the continuous positive, the market ushered in the suppression of the market retracement, and at present, there is still a trend of continuation! In my opinion, the key entry point for long orders today is the previous starting point of 3280. The short-term retracement of gold is obviously continuing, and in the medium and long term, gold is still bullish. So our entry point is actually relatively simple. When it retreats to 3280, we can directly enter the market. There are still many opportunities for long orders. The retracement is not the peak!
The price has broken out followed by a horizonal correction, we now see a bullish impulse at hand WE ONLY TRADE PULLBACKS DM ME FOR VIP SIGNALS
Hey Traders, in today's trading session we are monitoring LINK for a buying opportunity around 14.6 zone, LINK/USDT is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 14.6 support and resistance area. Trade safe, Joe.
EUR/USD holds steady above 1.1400 ahead of key US data EUR/USD struggles to gather recovery momentum but holds steady above 1.1400 on Wednesday following the mixed PMI data releases for the Eurozone and Germany. Markets await comments from central bankers and US PMI data.