Ethereum Analysis: Upon analyzing the #Ethereum chart on a weekly (logarithmic) timeframe, it is observed that the price had grown by 169% from October 20, 2023, to March 11, 2024, reaching $4090, before finally experiencing a drop and correcting down to the $3000 range. After a correction, it is likely that we will see Ethereum grow…
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Dogecoin Analysis: Upon reviewing the #Dogecoin chart on a weekly (logarithmic) timeframe, we can see that last week the price dropped to the demand level of $0.12 and then encountered buying pressure, managing to rise by more than 40% to $0.17. Currently, this cryptocurrency is trading around $0.148 and I expect further growth in the medium…
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Litecoin Analysis: Upon examining the #Litecoin chart on a weekly timeframe, we can see that the price is currently trading around $81.5 and there is still an opportunity for further analysis for long-term investment. The demand zones are respectively from $67 to $72 and $53 to $59, while the supply zones are $93.8, and from $112…
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CHILIZ Analysis: Upon reviewing the #CHZ cryptocurrency chart on a weekly (logarithmic) timeframe, we observe that the price, after a correction down to $0.10270, has once again encountered demand pressure and has managed to grow to $0.13130 up to this moment. The yield of this analysis has been over 30% so far and remains valid! The…
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Gold Analysis: In the gold chart, we can see that the price managed to hit both of the next targets, namely $2,308 and $2,303, resulting in a 200-pips yield for us! Now, the price is near a demand zone ($2,291 to $2,303), and I assume that with the price entering this range, we will witness an…
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NASDAQ Analysis: As I mentioned last night, Nasdaq in the 4-hour timeframe is close to an important supply zone (18,085 to 18,175 and 18,250 to 18,340). It is likely that we will soon witness a decline in Nasdaq. The potential targets for this decline are, in order, 17,940, 17,780, and 17,670. Be sure to keep an…
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Gold News Gold futures saw a slight decrease of 0.2% to $2,320.1 per troy ounce. This movement was supported by China’s consistent gold purchases. The Chinese central bank continued to grow its gold reserves in April, adding 1.9 metric tons, now totaling 2,264.3 tons. The first quarter of the year marked the strongest gold demand…
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Bitcoin Analysis: Upon reviewing the Bitcoin chart in the weekly timeframe (logarithmic), we observe that after the price dropped to $56,000, it encountered demand as expected, presenting an attractive buying opportunity to purchase at a discount. The return on this analysis from last week until now has been over %15, and the price was able to…
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NASDAQ Analysis: By checking the #NASDAQ Indext Chart in the 4-hour time frame, we see that the price is close to an important supply range (18085 to 18175 and 18250 to 18340) and we will probably see a drop of #NAS100 soon, The possible targets of this drop will be 17940, 17780 and 17670 respectively!(This Post on TradingView) Author : Arman…
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EUR/USD Analysis: By checking the EURUSD chart, we can see that after entering the important demand range of 1.068, the price was accompanied by buying pressure and was able to increase by 130 pips to 1.08120 and fill about 50% of its old FVG! The price is currently trading in the range of 1.077 and I…
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