Technical Analysis

There has been a deviance in the way that Vast Resources Plc. (LSE:VAST) has been trending downward, as the capacity of bulls has been observed, and the stock is trying to swing high, putting up momentum. In an effort to break through the larger moving average at the top, certain price movements have been observed […]

Bitcoin’s rally has encountered a setback with the emergence of a triple-top bearish reversal pattern, signalling a potential correction phase. The consecutive formation of multiple swing highs within a similar price range underscores the challenge faced by bullish forces in sustaining upward momentum, hinting at an impending price downturn. A ranging pattern is visible below […]

The Ethereum market has recently transitioned into a bearish trajectory. After a prolonged period of upward movement since October 2023, Ethereum’s price experienced notable gains, particularly accentuated in February, following a robust test of the lower boundary of a parallel channel, which led to substantial price fluctuations.   Subsequently, a symmetrical triangle pattern...

Recently, the establishment of private actions ran much favorably in the direction of negatives, as Ethernity Networks Ltd. (LSE:ENET) currently forms a trade pattern, affirming positive returns in the subsequent operations. Any moves toward the support of 0.75 or such, if the aforementioned assumption is correct, won’t need to achieve stable motion in any term. […]

It is currently observed that buyers have been putting efforts against the stances of bears in the stock operations of Empire Metals Limited (LSE:EEE), given that the price is attempting to surge highly, approaching the resistance line of 8.5. If the price does not make an aggressive reversal against the current bullish candlestick formation process, […]

A maximal demonstration of bulls’ presence has been carried out in the market operations of Gcm Resources Plc (LSE:GCM), as the stock firm has surged higher, aiming for a retracement process around the point of 10. At the bottoms of various candlesticks that have been appearing over the course of a few days, the location […]

It appears that a loss of momentum has been playing out against the capacity of bulls in Plexus Holdings Plc (LSE:POS), and that has led to bending briefly to conjecture a correction. The stochastic oscillators’ posture indicates that pressure weight has been gradually exhibiting on the south side, as that scenario has been witnessed. And […]

Following a long range of a series of sideways around the support of 25, Petrofac Limited. (LSE:PFC) now attempts to surge higher as it has been formulating a footstep around the value line. According to this analysis, a bullish candlestick has reached as high as 33.32, indicating that certain price line actions still need to […]

Ethereum has recently seen a reduction in its bullish momentum after its breakthrough past the significant resistance level of $3582.0. Presently, the market is in a phase of correction, marking a temporary retreat following a robust and sustained bullish trend. This correction phase follows a notable surge beyond the $3582.0 level, which had long posed […]

It has been over a couple of sessions that bulls in Gulf Keystone Petroleum Ltd. (LSE:GKP) have been pushing highly, aiming for a stop-stop below the resistance line of 130. But if there’s space for the current purchasing impulse to consolidate through the currently developing bullish candlestick, the resistance level of about 130 won’t be […]