Market Analysis – November 8 The USOil price has been trapped below the resistance level of 72.430 and the support level of 67.970. Currently, the market is showing bearish reversal signs as the price has reached the resistance zone of the market range. USOil Key Levels Demand Levels: 67.970, 62.540, 57.920Supply Levels: 72.430, 78.420, 83.290 […]
Market Analysis – November 8 The FTSE 100 index recently dropped below the significant demand level at 8145.0, following the formation of three distinct falling peaks on the 24-hour timeframe. This technical pattern has intensified bearish momentum, paving the way for potential further declines, with the next key demand level identified at 7918.0. The break […]
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Bulls are in control of the market POL (ex-MATIC) Price Analysis – 11 November POL (ex-MATIC) may be able to advance to the $0.43 and $0.47 difficulty levels after overcoming the $0.35 barrier. The market might be able to break below the $0.30 support level and expose itself to the $0.25 and $0.4720 levels if […]
Bitcoin’ weekend surge may signal an imminent market correction ahead. Bitcoin’s rapid $2,000 rise on Nov. 10 could soon reverse, say analysts. The recent low liquidity weekend rally saw BTC/USD gain nearly 3%, a trend that typically leads to pullbacks. Market commentator WhalePanda noted that price increases during low-liquidity weekends usually “fully retrace.” #Bitcoin Huge […]
Price may incline above $0.00002880 level Shiba Inu (SHIB) Price Analysis: 10 November If buyers can push SHIB over the $0.00002621 level, the price might be able to break through the resistance levels of $0.00002880 and $0.00003212, respectively. If sellers are successful in holding the coin, the price may drop below $0.00002373 and try to […]
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Bulls’ momentum is increasing SPONGE (SPONGEUSDT) Price Analysis – 09 November The resistance levels of $0.000145, $0.000253, and $0.000330 could be the next objectives in Sponge market if the $0.000136 level holds. The $0.000081 and $0.000006 support levels can be examined if the $0.000136 support level is breached below SPONGEUSDT Market Key levels: Resistance levels: […]
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Bulls are gaining more momentum USDCHF Price Analysis – 09 November The price can rise above $0.88 and get closer to the $0.89 barrier levels if the purchasing momentum can hold above the $0.87 resistance level. Sellers have the power to push the price below $0.86 and into the $0.85 and $0.84 areas if they […]
Buyers are gradually taken over BNBUSD Price Analysis: 09 November If buyers can hold onto the $586.5 support level and break above the $606.1 resistance level, they might be able to drive the price to test the $642.3 and $688.3 resistance levels. If BNB can break through the crucial $586.5 barrier, it is anticipated to […]
Market Analysis – November 8 AUDJPY has shown a notable recovery, with buyers finally breaking free after a period of consolidation. The ascent faced resistance at the 100.0520 level, where a bearish order block had held prices back. However, on the 4-hour chart, a bullish breakout is now visible, signaling renewed buyer strength. AUDJPY Key […]
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