Jump to content

Interesting Pattern on the EUR/ZAR


Guest Balaji3003

Recommended Posts

Guest Balaji3003

Hi everyone, 

 

hope you are well. I am just browsing through the currency markets and the following chart looks interesting:

the hourly chart shows consolidation after strong downward momentum.

the weekly chart (2nd chart below) shows that the market is trending down. The horizontal lines in the weekly chart show the potential areas of strong support/resistance

 

feel free to comment

 

this is my first post. I will be sharing my analysis of the markets going forward. 

 

thankyou

 

 1hr.PNGweekly.PNG

Link to comment

Archived

This topic is now archived and is closed to further replies.

  • image.png

  • Posts

    • October can be a bit of a wild card for Solana. I’ve noticed it sometimes rallies if the broader crypto market is feeling optimistic, but there’s also been some volatility. Last year, for example, it had some nice gains, but I've also seen it drop unexpectedly due to market shifts. I think it’s smart to stay updated on the latest news and trends and keep an eye on market sentiment if you're thinking about investing.
    • If you’re eyeing Shiba Inu, I’d suggest doing a bit of homework first. I’ve dabbled in a few cryptos, and the market can be wild—prices can swing drastically in no time. I got into some projects based on hype before and learned the hard way about jumping in too quickly. If you really believe in Shiba Inu’s potential and have a solid plan, it might be worth a shot. 
    • Hey everyone, it’s a new week with bullish momentum. $TON is trading around $5.3 today, and with all the hype and momentum, do you think it could outperform Solana in the long run?   If there's potential, I’d suggest we consider accumulating gradually ahead of the bull run. One way to do this could be by exploring TON giveaways, such as the one currently on Bitget platform.   It’s part of a TON carnival offering multiple learning opportunities and a Learn-to-Earn activity, where you answer TON-related questions and receive freebies.   Overall, these opportunities within the TON ecosystem seem worth considering given the potential. What’s your take on it?
×
×
  • Create New...
us