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Technical Analysis

Bitcoin Forecast: Potential Price Drop Ahead

Last week, the price of Bitcoin kept going down, but it finally acquired the required support at the level of 60000. However, it seems that the price of this asset might potentially dive even deeper...

USDCHF D1 | Bullish Bounce

TitleUSDCHF D1 | Bullish BounceTypeBullish RisePreference:Price is currently at the pivot of 0.8538, a pullback support close to 78.6% Fibo retracement. A bounce from this level could lead the price...
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Platinum Futures (PA1!) | H4 Rising into Overlap Resistance

Platinum Futures (PA1!) | H4 Rising into Overlap ResistanceType:Bearish ReversalKey Levels:Resistance: 989.00Pivot: 967.30Support: 940.60Preferred Case:Looking at the H4 chart, my overall bias for...

GBPUSD H4 | Bearish Drop

TitleGBPUSD H4 | Bearish DropTypeBearish DropPreference:Price is currently at the pivot of 1.2796, a pullback resistance. A fall from this level could lead the price to drop to 1st support at 1.2731,...

EURUSD H4 | Bearish reversal

TitleEURUSD H4 | Bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot point of 1.0809, an overlap resistance. A reverse from this level could lead the price to fall to 1st...

BCOUSD M15 I Bearish reversal

TitleBCOUSD M15 I Bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot point of 81.86, a pullback resistance close to the 61.8% Fibonacci retracement level. A reverse from...

GBPUSD H1 | Bullish Bounce

TitleGBPUSD H1 | Bullish BounceTypeBullish RisePreference:Price is currently at the pivot of 1.2721, a pullback support close to 78.6% Fibo retracement. A bounce from this level could lead the price...

Silver Futures (SI1!) | H4 Rising into Pullback Resistance

Silver Futures (SI1!) | H4 Rising into Pullback ResistanceType:Bearish ReversalKey Levels:Resistance: 29.735Pivot: 29.160Support: 27.845Preferred Case:Looking at the H4 chart, my overall bias for...

USDCHF D1 | Bullish reversal

TitleUSDCHF D1 | Bullish reversalTypeBullish BouncePreference:Price is falling toward the pivot point of 0.8685, an overlap support close to 61.8% Fibo retracement and 161.8% Fibo extension. A bounce...