I believe the price has touched a significant mirror level on both the daily and weekly charts, indicating a critical point of interest. I observed that the price failed to break through this level, which suggests a potential rebound with an upward...
Trend Line Chart Pattern: Introduction A trend line chart pattern is a fundamental tool in technical analysis, used to identify and confirm market trends. It consists of straight lines drawn on a price chart to connect significant highs or lows,...
West Texas Intermediate (WTI) crude oil futures, the benchmark for U.S. crude, began Wednesday's Asian trading session around the $69.00 mark, facing immediate selling pressure. This downward trend pushed WTI prices to a two-month low, primarily...
Gold Daily Forecast Gold (XAU/USD) is in a broad uptrend, forming a series of highs and lows. The price recently rose to the 2940 level and then faced strong selling pressure. The current downtrend suggests that the market is in a correction after...
ETHUSD(Ethereum) Ethereum outlook: Ethereum (ETH) is currently experiencing mixed price action, influenced by global economic conditions and investor sentiment. Despite this, Ethereum maintains its relevance in the cryptocurrency space due to its...