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BTC/USD | Facebook Review and Forecast
Today we will discuss BTC/USD | Facebook review and forecast, see the full video below
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Bitcoin BTC/USD Technical Analysis
As you can see, the trend line support for BTC/USD has been present since the beginning of the year.
It's interesting to note that the decline in the value of bitcoin paused about the time when BTC/USD struck a significant area of interest.
I'm referring to the psychological level of $26,000.
The $25,500 - $26,000 range not only functioned as resistance in February, but it was also the place where BTC/USD bounced in the middle of June.
This time, a potential range support in the daily time frame is in the $25,500–26,000 region.
Even Stochastic, which flashes a "oversold" signal, is suggesting a potential bounce.
A rebound from the present levels of BTC/USD might push the pair back up to the $28,000 mid-range region, which is also close to the areas of the broken trend line and SMA.
If there is enough momentum, we might possibly witness a comeback to the 2023 highs over $31,000!
However, I wouldn't rule out additional declines.
Be aware that the price of BTC/USD is currently trading below the 100 and 200 SMAs for the first time since a bullish crossover took place in early March.
We could witness a decline back to the prior regions of interest at $24,000 or $22,700 if BTC/USD falls below the range support zone that we're observing.
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GBP/USD and Boeing Review and Forecast
Today we will discuss GBP/USD and Boeing review and forecast, see the full video below
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54 2023-09-29 15:16:36 (edited by Andifx 2023-09-29 15:17:14)
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ETH/USD | Spotify Review and Forecast
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EUR/USD Technical Analysis
Since reversing a months-long downward trend at the psychological level of 1.0500, EUR/USD has been trading within a broad range.
The pair has went lower from the 1.0750 area of interest, and it appears that the 4-hour Pivot Point line (1.0660) is holding off further EUR/USD selling, so we're going to be looking more closely at this pair today.
Will the EUR/USD pair recover from the 1.0660 turning point a third time and reach its 1.0750 peak again?
Bulls in EUR can profit from the consolidation occurring close to the present levels of EUR/USD and get ready for a potential rebound to the pair's historical highs.
If there is sufficient demand for EUR/USD, more bullish traders may target the 1.0850 inflection point or the R1 (1.0810) Pivot Point line.
But what if, in the ensuing trading sessions, EUR/USD breaks as a support?
The EUR/USD pair may fall lower to the S1 (1.0580) Pivot Point line, where the 100 and 200 SMAs are, if it trades and maintains its levels below the 1.0650 mid-range zone. If EUR/USD declines sufficiently over the next few days, we might potentially witness a retest of the 1.0520 range support!
Regardless of the bias you choose to trade, be sure you are aware of the typical daily volatility of EUR/USD and that you are up to current on the key players driving the market this week. You have to reduce the risks and increase the earnings, you know?
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EUR/USD | Uber Review and Forecast
Today we will discuss EUR/USD | Uber review and forecast, see the full video below
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59 2023-11-17 15:22:07 (edited by Andifx 2023-11-17 15:22:22)
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