The 38.2-50% retracement of the move higher yesterday held support, but MAs on the 5 minute chart also stalled the bounce higher. Traders are battling it out. |
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2024-04-17
USDCHF buyers and sellers clash near 100-hour MA at 0.9121 and 200-hour MA at 0.90897
2024-04-15
The USDCHF traded to a new 2024 high at 0.9151, but could not sustain upside momentum. What next?
2024-04-09
The USD is moving lower in early US trading.
2024-02-07
The 200 day moving average in the USDCAD comes in at 1.34785
2024-02-06
A key swing level at 0.65229 and 100 day MA at 0.65289 remain key targets to get to and through to increase the bullish bias for the pair.
2024-02-05
The 38.2% retracement in GBPUSD comes in at 1.25245
2024-02-02
The 100-day MA is at 0.65276 and is the close risk for sellers now in the AUDUSD.
2024-02-01
Bulls must see price re-enter the broken bear flag🚀
Bitcoin Technical Analysis – February 1st, 2024 🚀
Dive deep into the latest Bitcoin market trends with our comprehensive technical analysis for February 1st, 2024! 📊 Whether you’re a seasoned trader or new to the crypto world, this video has got you covered with crucial insights and potential trading strategies. 📉📈
What’s Inside:
📉 Volume Profile Insights: Discover the significance of the point of control at $42,750 and its impact on Bitcoin’s price movement.
🔝 Key Resistance Levels: Learn about the quadruple top formation around $43,370 and the pivotal 20 EMA resistance.
🐻 Bear Flag Breakdown: Analysis of the recent bear flag pattern and its implications for Bitcoin’s direction.
🎯 Trading Strategies & Targets: Get detailed
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