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24.03.2023 07:10 AM
BTCUSD, H4 | Potential Reversal from a key level ?

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The BTC/USD chart is currently bearish, indicating potential further price drops. The first resistance level at 28342 could prompt a bearish reaction towards the first support level at 26557. This support level is an overlap support with a 23.60% Fibonacci retracement, which could be a strong buying interest area. If broken, the price could fall towards the second support level at 25204, which is also an overlap support with a 38.20% Fibonacci retracement.

On the resistance side, the first resistance level at 28342 is a multi-swing high resistance that could lead to significant selling pressure. Breaking through it may drive the price towards the second resistance level at 31662, a swing high resistance.

USDCHF, H4 | Rally to 1st resistance??
The USD/CHF chart displays a bullish momentum, indicating an upward trend. The price being above the bullish Ichimoku cloud and a major ascending trend line contributes to this positive sentiment. Given the bullish momentum, there is a possibility of a bullish bounce from the first support level.
Autore: Dean Leo
01:32 2023-06-01 UTC--4
1480
GBPUSD , H4 | React off Resistance?
The GBP/USD chart currently shows a bearish momentum, suggesting a downward trend. There is a possibility of a bearish reaction from the first resistance level, leading to a decline towards the first support level. The 1.2376 level is a significant support area, previously attracting buyers. The.
Autore: Dean Leo
01:30 2023-06-01 UTC--4
1270
EUR/USD , H4 | Falling to 1st support?
The EUR/USD chart shows a bearish momentum as the price remains below a major descending trend line and the bearish Ichimoku cloud. This indicates a presence of bearish pressure in the market. There is a likelihood of a bearish reaction at the first resistance level, which could lead to a decline.
Autore: Dean Leo
01:28 2023-06-01 UTC--4
1270
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