Monthly Archives: August 2025
Chart the Market (12/08/2025)
Written on August 19, 2025 at 6:05 am, by
GBPUSD, H4: The British pound has mounted a notable recovery against the U.S. dollar, successfully reversing its prior downtrend and establishing a new upward trajectory. The pair’s ability to consistently hold above the technically significant 61.8% Fibonacci retracement level at 1.3423 suggests underlying strength, though recent price action shows signs of potential fatigue as theContinue Reading
Chart the Market (11/08/2025)
Written on August 19, 2025 at 6:05 am, by
BTC, H4: Bitcoin (BTCUSD) has broken out strongly on the chart, surging to $121,805 which is piercing above the 0.382 Fibonacci retracement level at $121,678 and heading toward the 0.5 retracement at $124,400. This marks a decisive bullish move after a prolonged consolidation phase between roughly $118,305 and $115,100, with price breaking a descending resistanceContinue Reading
Chart the Market (07/08/2025)
Written on August 19, 2025 at 6:04 am, by
ETH, H4: Ethereum (ETH) traded in a relatively sideways manner following a rebound after briefly dipping below its critical support level near the $3,555 mark. The successful recovery and sustained price action above this pivotal level suggest a bullish bias, as the recent pullback appears to have completed with ETH rebounding from a three-week low.Continue Reading
