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Tag: fundamental analysis

Crypto Blockchain Bitcoin Ethereum Gold Master Arman Shaban

Dogecoin Analysis – 08.May.2024

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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Crypto Blockchain Bitcoin Ethereum Gold Master Arman Shaban

Litecoin Analysis – 08.May.2024

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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Crypto Blockchain Bitcoin Ethereum Gold Master Arman Shaban

CHILIZ Analysis – 08.May.2024

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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XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

Gold Analysis – 08.May.2024

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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XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

NASDAQ Analysis – 08.May.2024

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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XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

Gold News – 08.May.2024

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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XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

Bitcoin Analysis – 08.May.2024

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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XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

NASDAQ Analysis – 07.May.2024

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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XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

EUR/USD Analysis – 07.May.2024

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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XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

Gold Analysis – 07.May.2024

Gold Analysis: By re-examining the gold chart in the 2-hour time frame, we can see that yesterday the price penetrated above $2330 to collect liquidity, and then it fell and was able to hit the first target of $2312. Please note that the level of $2312 is a The important demand level and therefore the reaction…
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