Technical Analysis

A major correction in BTCUSD looms as the price hits the $48240.00 supply zone. The current market sentiment remains bullish, showcasing resilience despite an ongoing period of long-term consolidation since early December 2023. This consolidation phase ensued following a substantial expansion in the discount zone.   On September 28, 2023, BTCUSD experienced an upward trend. […]

ETHUSD is set for a major correction as the market becomes overbought. Following an SSL (Sell-Side Liquidity) grab at $1540.00, ETHUSD experienced a massive surge. The surge led to a change in the market’s trend to the upside. Thereby, it gives rise to the current overall trend of the market. The surge was initiated by […]

A re-occurring trade situation that showcases that bulls are letting in back to bears force under the main resistance line of 140 has produced that the Gulf Keystone Petroleum Ltd shares company (LSE:GKP) has descended, looking for a rebuilding point above the line of 100 support. Beyond the threshold of underlying support of 100, abrupt, […]

The Thg Plc shares market (LSE:THG) fell back when it failed to push firmly northward further beyond the line of 90, currently extending a dip into the previous lower zone market between 70 and 60. A confirmation message signaling that the lowering gravity towards the south may be sustained for some time is being made […]

The Petrofac Limited shares market (LSE:PFC) has been seen getting set for a rise above the line of 15, staying in range-bound zones below the point of 45. In the light of that trade technical assumption, buyers are now advised that they should keep up with re-introducing bullish fearful forces between the points of 40 […]

The Greatland Gold Plc stock company (LSE:GGP) has been seen positively responding to a descending moving pattern, tending to delay rallying back upward against some of the decline walls. The bears’ depressing pace over time has created a trading environment that may not technically back several probable presumed lows that are just below the moving […]

Empire Metals Limited shares providing company (LSE:EEE) has been for a while hiking around the smaller moving average line, breaching through imaginable resistances. Last month’s operation witnessed a convergence trade pattern that showcased the price practically getting a reset close to the lower point of 8, making it the most critical support trade zone the […]

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ETHUSD resumes an uptrend as the price taps the sell-side liquidity at 2115.00. The tapping of sell-side liquidity at $2115.00 signifies a potential area of resistance turned support, showcasing the market’s ability to absorb selling pressure. In recent market developments, ETHUSD has demonstrated a resurgence in its upward trajectory, marking a notable shift in sentiment.   […]

The BTCUSD pair shows a strong technical picture, indicating that the recognized bullish pennant formation will end soon and the market will resume its bullish trend. A continuation pattern known as the bullish pennant usually indicates a brief period of consolidation before the continuation of the dominant uptrend. Since the bullish trend began, a major […]