ETHUSD Daily chart

ETHUSD is moving within a descending price channel on the daily time frame, and has now touched the upper side of the channel, which is considered a crucial area. Below, the Stochastic Oscillator is slowly heading towards the 80-100 zones.

If the price breached the upper side of the channel, it may be a sign that Ethereum is heading to higher levels, but if it closes below, it may push the price towards further decline.

Pick a side for ETH
- Buy
- Sell

Find more here:https://bit.ly/3ECF4Zx
 

Attachments

  • [EN] PROM-7491_W45 - ETHUSD Price channel.jpg
    [EN] PROM-7491_W45 - ETHUSD Price channel.jpg
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Is BTCUSD forming an engulfing candlestick?

Open your platform, BTCUSD daily chart (D1) and tell us in the comments, is BTCUSD preparing for a bullish trend because of this bullish engulfing candlestick?
 

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  •  2023-11-16.png
    2023-11-16.png
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EURUSD is close to breaking the golden resistance

The EURUSD pair is pushing towards resistance 1 around the prices of 1.0880 - 1.0950 after breaking the ascending price channel.

If it continues to rise and breaks the resistance, it may head to the next resistance at 1.1200 to 1.1270
 

Attachments

  • [EN] PROM-7592_2023 - W50 - EURUSD Resistance zone.jpg
    [EN] PROM-7592_2023 - W50 - EURUSD Resistance zone.jpg
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Oil breaks the downtrend

USOIL is trading steadily above the broken downtrend around $77 to $78 prices. Although the Stochastic indicator is in the overbought zone. But it seems that USOIL is waiting for an important event or the next OPEC meeting in order to take a clear direction.

Do you think USOIL will go up or fall below the trend again?
Find more here:https://bit.ly/3ECF4Zx
 

Attachments

  • [EN] PROM-7605_2023 - W48 - USOIL downtrend (1).jpg
    [EN] PROM-7605_2023 - W48 - USOIL downtrend (1).jpg
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