US30 - Technical Outlook: Critical Levels for Trend Confirmation

25 Kas 2024

Technical Analysis

The price has successfully reached an all-time high (ATH) and achieved the bullish target of 44,625 with precision.

A potential bearish retracement may occur, targeting 44,400 or 44,280. A confirmed break below 44,270, validated by a 4-hour candle close, would signal the start of a bearish trend, with further downside targets at 43,900.

Alternatively, sustained stability above 44,630, confirmed by a 1-hour candle close, would indicate a bullish continuation, with the next target set at 44,980.
Key Levels:
Pivot Point: 44625
Resistance Levels: 44800, 44980, 45200
Support Levels: 44400, 44270, 43900

26 Kas 2024

İşlem aktif

Technical Analysis Update

The price stabilized above the pivot line and has reached our bullish target of 44,800. It is still progressing towards 44,990 and 45,200.

➡️Bullish Scenario:
As long as the price trades above 44,625 and 44,800, the next targets are 44,990 and 45,200.

➡️Bearish Scenario:
To turn bearish, the price must break below 44,625 with a 1-hour candle close.

Key Levels:
Pivot Point: 44800
Resistance Levels: 44980, 45200
Support Levels: 44625, 44400, 44270