Category: Resistance
-
Chart Art: WTI Crude Oil (USOIL) Triangle Resistance Bounce
•
Are crude oil bears about to stay in the game longer? A look at the daily time frame of the energy commodity shows a large bearish triangle pattern that has been in place since November of last year. WTI (USOIL) daily Chart by TradingView Earlier this week, we looked at…
-
Chart Art: Will USD/CAD’s Range Resistance Hold?
•
Dollar traders gather! The USD/CAD pair’s upside is capping around a key technical resistance area. Will the pair maintain its range pattern? Or will we witness a breakthrough? USD/CAD Forex 4 Hours Chart by TradingView In case you missed it, the US dollar rose a few points against its counterparts…
-
Oil price climbs to 6-week high, breaks key resistance levels
•
The price of crude oil rose today and broke above the double top on the hourly chart as well as the 50% midpoint of the move down from the August 13 high. These levels come in at $72.36 and $72.67, respectively. A break to the upside took the price towards…
-
Can SUI Break Past $2 Resistance? On-Chain Metrics Reveal Growing Demand
•
This article is also available in Spanish. SUI has seen a staggering rise of over 160% since the beginning of September, with its price now hovering around $2. This remarkable rise has made analysts and investors very optimistic about the future of layer-one blockchain. In addition to its high price,…
-
Can SUI Break Past $2 Resistance? On-Chain Metrics Reveal Growing Demand
•
This article is also available in Spanish. SUI has seen a staggering rise of over 160% since the beginning of September, with its price now hovering around $2. This remarkable rise has made analysts and investors very optimistic about the future of layer-one blockchain. In addition to its high price,…
-
UNI Bullish Rebound Signals Upsurge, Targets $8.7 Resistance Ahead
•
My name is Godspower Owie, I was born and raised in Edo State, Nigeria. I grew up with my three brothers who have always been my role models and mentors, helping me grow and understand the lifestyle. My parents are literally the backbone of my story. They have always supported…
-
Solana (SOL) ‘Could Go Parabolic’ Once It Breaks $200 Resistance – Analyst
•
This article is also available in Spanish. Solana (SOL) is now trading around an important supply area after an impressive 26% rally since September 18, following the Fed’s announcement of interest rate cuts. This sharp rise has sparked optimism among analysts and investors, who hope Solana can soon reach all-time…
-
Solana (SOL) ‘Could Go Parabolic’ Once It Breaks $200 Resistance – Analyst
•
This article is also available in Spanish. Solana (SOL) is now trading around an important supply area after an impressive 26% rally since September 18, following the Fed’s announcement of interest rate cuts. This sharp rise has sparked optimism among analysts and investors, who hope Solana can soon reach all-time…
-
Chart Art: S&P 500 Testing Its Rising Wedge Resistance
•
US stock indices are recording one record high after another these days! But is it time for a major decline in the S&P 500 soon? Check out the turning points I’m watching on the 4-hour time frame: S&P 500 Index (SPX500) 4 Hours Chart by TradingView The Fed’s easing efforts…
-
EURUSD buyers take the price up to overhead swing area resistance
•
EUR/USD started the day with a volatile up and down price movement. The price has been trading above and below the 100/200 hourly moving averages indicating uncertainty from buyers and sellers. In the morning video, I talked about the uncertainty of buyers and sellers due to volatile price action. A…
-
Bitcoin Jumps 22% Post-Fed Rate Cut, Yet Key Resistance Sparks Crash Fears – Bitfinex
•
Bitcoin (BTC), the world’s largest cryptocurrency, has surged more than 22% over the past two weeks to trade at around $63,200, after a sharp drop to $52,000 on September 6. That’s the highest level Bitcoin has reached in nearly two months. Critical resistance looms at $65,200 According to a recent…
-
Avalanche (AVAX) Could Rise 50% If It Breaks $28 Resistance – Crypto Analyst
•
This article is also available in Spanish. Avalanche has seen a staggering 25% surge since Wednesday, fueled by the Federal Reserve’s announcement of a 50 basis point interest rate cut. This has pushed Avalanche to a critical resistance level, which is likely to shape its price action in the coming…
-
Avalanche (AVAX) Could Rise 50% If It Breaks $28 Resistance – Crypto Analyst
•
This article is also available in Spanish. Avalanche has seen a staggering 25% surge since Wednesday, fueled by the Federal Reserve’s announcement of a 50 basis point interest rate cut. This has pushed Avalanche to a critical resistance level, which is likely to shape its price action in the coming…
-
Solana (SOL) Set For Critical Encounter With $154 Resistance Level
•
Simelor Valeti is a cryptocurrency writer who specializes in journalism and content creation. Although he started out writing on a variety of topics, Simelor quickly developed a knack for navigating the complexities and intricacies of the exciting world of blockchain and cryptocurrencies. Simelor is drawn to the efficiency of digital…
-
Crude Oil Technical Analysis – Testing a key resistance
•
Basic Overview Crude oil remains supported as buyers may be looking at the implications of the Fed’s easing cycle on economic activity. As a reminder, crude oil positions are at all-time lows and sentiment is very bearish. These factors can generally provide great opportunities for reversal. The main reason that…
-
Crude Oil Technical Analysis – Testing a key resistance
•
Basic Overview Crude oil remains supported as buyers may be looking at the implications of the Fed’s easing cycle on economic activity. As a reminder, crude oil positions are at all-time lows and sentiment is very bearish. These factors can generally provide great opportunities for reversal. The main reason that…
-
Chart Art: Bitcoin (BTC/USD) Is Approaching a Major Resistance Area!
•
Risk-off and anti-USD sentiment contribute to Bitcoin’s gains against the US dollar! How high will BTC/USD go before the native cryptocurrency returns to its long-term bearish trend? If the downtrend is rising, it is possible to do so at these levels: Bitcoin (BTC/USD) Daily Chart by TradingView Unless you’re too…
-
Chart Art: USD/CHF’s Triangle Resistance Zone
•
The US dollar is struggling to extend its advance above the key resistance area. Will the pair continue its downward trend that has been ongoing for months? Or will this week’s events force the dollar higher? USD/CHF currency pair over 4 hours Chart by TradingView As you can see, the…
-
Chart Art: USD/CHF’s Triangle Resistance Zone
•
The US dollar is struggling to extend its advance above the key resistance area. Will the pair continue its downward trend that has been ongoing for months? Or will this week’s events force the dollar higher? USD/CHF currency pair over 4 hours Chart by TradingView As you can see, the…
-
Chart Art: Trend Resistance Area For GBP/NZD
•
Trend traders gather! The GBP/NZD pair could head into a downtrend as it struggles to record fresh September highs near a key resistance area. Will this extend the pair’s downtrend that has been going on for months? GBP/NZD currency pair on the 4-hour chart Chart by TradingView The New Zealand…