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Stay tuned for future updates and send them to your friends. You will surely benefit.
Technical analysis for NZD/CHF (4H chart)
๐น Price Action
Current price is around 0.4644.
Market recently bounced from below 0.4600, showing short-term recovery.
However, price is still trading below the 50, 100, and 200 SMAs, meaning the overall trend remains bearish.
๐น Moving Averages (SMA Ribbon)
Price is testing the 20 SMA (yellow line).
The 50 SMA (orange) and 100 SMA (brown) above are acting as strong resistance.
The 200 SMA (red) is far above โ unless price breaks 0.4700โ0.4720, the downtrend is intact.
๐น RSI (Relative Strength Index)
RSI is around 60.
Indicates some short-term bullish momentum.
If RSI pushes above 70, it enters overbought zone.
A bullish divergence had formed earlier, which explains the recent bounce.
๐น Key Levels
Resistance: 0.4660 โ 0.4680 (50 & 100 SMA zone), then 0.4720 โ 0.4740
Support: 0.4620 โ 0.4600 (recent swing low), then 0.4560
๐น Possible Scenarios
1. Bullish Case (Short-term bounce)
If price sustains above 0.4660, next upside targets are 0.4680โ0.4720.
2. Bearish Case (Trend continuation)
If price closes below 0.4620, decline towards 0.4600 and 0.4560 is likely.
๐ Summary:
Short-term: Some bullish recovery.
Medium-term: Still in a bearish trend unless it breaks above 0.4720.
Best approach: Intraday traders can look for selling opportunities near 0.4660โ0.4680. If a breakout above 0.4720 happens, then buyers may step in.
๐น Price Action
Current price is around 0.4644.
Market recently bounced from below 0.4600, showing short-term recovery.
However, price is still trading below the 50, 100, and 200 SMAs, meaning the overall trend remains bearish.
๐น Moving Averages (SMA Ribbon)
Price is testing the 20 SMA (yellow line).
The 50 SMA (orange) and 100 SMA (brown) above are acting as strong resistance.
The 200 SMA (red) is far above โ unless price breaks 0.4700โ0.4720, the downtrend is intact.
๐น RSI (Relative Strength Index)
RSI is around 60.
Indicates some short-term bullish momentum.
If RSI pushes above 70, it enters overbought zone.
A bullish divergence had formed earlier, which explains the recent bounce.
๐น Key Levels
Resistance: 0.4660 โ 0.4680 (50 & 100 SMA zone), then 0.4720 โ 0.4740
Support: 0.4620 โ 0.4600 (recent swing low), then 0.4560
๐น Possible Scenarios
1. Bullish Case (Short-term bounce)
If price sustains above 0.4660, next upside targets are 0.4680โ0.4720.
2. Bearish Case (Trend continuation)
If price closes below 0.4620, decline towards 0.4600 and 0.4560 is likely.
๐ Summary:
Short-term: Some bullish recovery.
Medium-term: Still in a bearish trend unless it breaks above 0.4720.
Best approach: Intraday traders can look for selling opportunities near 0.4660โ0.4680. If a breakout above 0.4720 happens, then buyers may step in.
BTCUSD โ Bulls Strong but Overbought! | 4H Analysis
๐ Chart Overview
Bitcoin (BTCUSD) has rallied sharply from $110K to $124K, gaining strong bullish momentum. Price is now trading well above the 20/50/100/200 SMAs, confirming the uptrend. However, RSI is entering the overbought zone, suggesting a possible short-term pullback before continuation.
๐น Technicals
Trend: Strong Bullish (above all major SMAs)
Resistance: $124,500 โ $126,000
Support: $122,500 (20 SMA), $120,000, $118,000
RSI: Near 70โ75 โ Overbought, slight bearish divergence
โ Bullish Case:
If price sustains above $122,500 and breaks $126,000, we may see an extension toward $128,000 โ $130,000.
โ ๏ธ Bearish Case (Pullback):
Failure to break $126,000 could trigger a correction toward $120,000 โ $118,000 before another leg higher.
๐ Trading Plan
Long Entry (dip-buy): $122,500 โ $120,000
Target: $126,000 โ $128,000 โ $130,000
Stop Loss: Below $118,000
๐ Summary
Bitcoin remains in a strong bullish trend, but the market is short-term overheated. Best opportunities are on dips or a confirmed breakout above $126K.
๐ Chart Overview
Bitcoin (BTCUSD) has rallied sharply from $110K to $124K, gaining strong bullish momentum. Price is now trading well above the 20/50/100/200 SMAs, confirming the uptrend. However, RSI is entering the overbought zone, suggesting a possible short-term pullback before continuation.
๐น Technicals
Trend: Strong Bullish (above all major SMAs)
Resistance: $124,500 โ $126,000
Support: $122,500 (20 SMA), $120,000, $118,000
RSI: Near 70โ75 โ Overbought, slight bearish divergence
โ Bullish Case:
If price sustains above $122,500 and breaks $126,000, we may see an extension toward $128,000 โ $130,000.
โ ๏ธ Bearish Case (Pullback):
Failure to break $126,000 could trigger a correction toward $120,000 โ $118,000 before another leg higher.
๐ Trading Plan
Long Entry (dip-buy): $122,500 โ $120,000
Target: $126,000 โ $128,000 โ $130,000
Stop Loss: Below $118,000
๐ Summary
Bitcoin remains in a strong bullish trend, but the market is short-term overheated. Best opportunities are on dips or a confirmed breakout above $126K.
XAUUSD
Sell entry: 4,030 โ 4,040
Targets: 4,000 โ 3,985
Stop-loss: 4,065
Sell entry: 4,030 โ 4,040
Targets: 4,000 โ 3,985
Stop-loss: 4,065
๐๐ข๐ฅ๐๐ซ ๐๐ก ๐ช๐ข๐ฅ๐๐๏ธ๏ธ
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Congratulations to everyone who followed our trade. It was a great move.
Take hold or take exit with a big profit.
Gold sell now 3991 - 3993
SL: 3996
TP: 3989
TP: 3987
TP: 3985
SL: 3996
TP: 3989
TP: 3987
TP: 3985