Ethereum Chart Analysis: Insights and Trends Introduction Ethereum, the second-largest cryptocurrency by market capitalization, has garnered significant attention from investors, developers, and analysts. Its blockchain technology enables...
Yesterday, the EUR/JPY currency pair demonstrated a significant movement following its interaction with a key support level. According to my technical analysis, this support level is precisely situated at 171.588. Initially, the price action saw the...
The wave structure for this older period still shows an upward trend, but the MACD indicator is already declining within the lower sell zone and below its signal line. The MACD indicator shows a significant bearish divergence, even though it has...
The trading week for gold has concluded with a notable development. Despite an initial upward movement that completely closed the sell zone imbalance, the price sharply reversed downward. This reversal formed a pin bar with a tail in the sell zone,...
Greetings. The possibility of the EUR/JPY reaching the 270 mark exists, but it appears unlikely under current market conditions. Therefore, it maekes sense to look at reference points that are somewhat closer to the current price levels. One...