Get started

Chartanalysis

EURUSD Pullback To Previous Support BreakHi Traders! EURUSD has found support and is targeting the previous breakout level for a re-test ahead of ECB President Lagarde's speech. Here are the details: The market has found strong support at the 1.08555 level, and the price action looks bullish; the lows and highs are starting to get higher, and the price is pulling back near the previous support break at 1.09102, which is now resistance. Additionally, the market is pulling closer to the 20 EMA. The plan here is to enter near the support level around 1.80555 and target exits near 1.09102. Preferred Direction: Buy Technical Indicators: 20 EMA Resistance: 1.09102 Support: 1.08555 Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Long
by BluetonaFX
Fantom: Recovery? 🩹The Fantom price has managed to slow down its decline a little. Our primary expectation is that it should recover soon and continue its rise. After all, the magenta-colored wave (3) the coin is currently working on should continue well above the $0.65 resistance level. Only the 35% probable alternative would see a different course. It considers the upward swing that the price has made since October as merely part of the substructure of the magenta-colored wave alt. (2) and would require a drop below the support at $0.16 before this move is completed.
BINANCE:FTMUSDLong
by MarketIntel
Tesla: It's time to turn around🔄Tesla has fallen sharply in recent days and has now reached more or less the levels at which we expect the low of the blue wave (ii). Accordingly, our primary expectation is that the price will soon reverse and continue to rise - we expect it to rise above the $258.74 mark. Only the 35% probable alternative would shift this reversal into the future. This scenario comes into effect on a drop below $193.81 and still sees the price in the magenta wave alt. (ii).
NASDAQ:TSLALong
by MarketIntel
USDJPY Approaching The 150 LevelHi Traders! USDJPY is approaching the 150.00 psychological level for the first time this year as the US dollar's strength continues. Here are the details: The trendline support on the 1W timeframe has held perfectly, and the market swings with higer highs and higher lows continues. The market has also broken above the 20 EMA this week, and we are looking for a close above it to continue the bullish momentum. The plan here is to buy dips near the 20 EMA if possible to target the 150.000 psychological level. Preferred Direction: Buy Technical Indicators: 20 EMA Resistance 1: 150.000 Resistance 2: 151.946 Support: 143.424 Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Long
by BluetonaFX
USDCAD Approaching Monthly HighHi Traders! USDCAD is approaching its monthly high, and there are opportunities for long entries to target the monthly high. Here are the details: The first resistance at 1.34146 (which will now act as support) has just been broken, and the next targert looks to be the second resistance at 1.34430, which is also the monthly high. We are looking for 1.34146 to hold as the new support. The plan here is to buy dips around this level to target levels near 1.34430. As 1.34430 is the monthly high, there is likely to be strong selling pressure at this level. Preferred Direction: Buy Technical Indicators: 20 EMA Resistance (MONTHLY HIGH): 1.34430 Support 1 (PREVIOUS RESISTANCE 1): 1.34146 Support 2: 1.33433 Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Long
by BluetonaFX
Bitcoin: Close Call 🤏Because of Friday’s sharp sell-off, we now consider it to be 45% likely that Bitcoin will reach our turquoise Target Zone between $40 323 and $35 374, after all, to establish the low of wave alt. (iv) in turquoise. For this alternative scenario, the support at $41 445 acts as a validation mark, which means that if the price slips significantly below this mark, we would make this scenario the new primary expectation. In this case, the Target Zone described can be used to build up (further long) positions. However, the price remains above the support level of $41 445 – and our primary expectation remains unchanged. In this scenario, we see Bitcoin imminently generating momentum to the upside again to drive the wave (v) in turquoise – which is already underway in this scenario - further north and thus ultimately bring the higher-level wave 3 in green to a close.
BINANCE:BTCUSDLong
by MarketIntel
#Bitcoin bearish breakout of very important trendline We can clearly see in this chart that the price has reached the upper boundary of a bullish channel, where it would encounter selling pressure. As a result of this selling pressure, the price on Friday, January 12th, formed a bearish impulsive candle. Following this candle, it managed to break below the short-term bullish trendline that the price had respected in the last few months. The bearish breakout of this trendline is a second signal, after the rejection from the bullish channel, that we might see further bearish movement in Bitcoin. If you've found this analysis helpful, please take a moment to like, comment, or share your thoughts with me.
BITSTAMP:BTCUSDShort
by mohemati
Gold: Recovery? ❤️‍🩹Since yesterday, gold has been moving slightly higher. We're therefore one step closer to fulfilling our primary expectations. We still expect the price of the precious metal to rise further in the course of the turquoise wave B, and the upcoming high should be well above the 4th December high. However, it could also be that the price has already placed the high. This alternative scenario comes into play if the price falls below the support level of $1935 and has a probability of 40%.
COMEX:GC1!Long
by MarketIntel
EURUSD Price RejectionHi Traders! EURUSD has had double price rejection at the resistance, and there are shorting opportunities near the resistance to target support levels below. Here are the details: There is double price rejection at the 1.09986 level, which tells us that bearish demand is currently too strong in this area. We are looking for a momentum price break and a close below the 20 EMA. Preferred Direction: Sell Technical Indicators: 20 EMA Resistance: 1.09986 Support 1: 1.09102 Support 2 (monthly low): 1.08770 Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Short
by BluetonaFX