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Monthly Archives: May 2025

Chart the Market (29/05/2025)

Written on May 29, 2025 at 7:28 am, by

Crude Oil, H4:  Crude oil prices are trading higher following a successful breakout above both an asymmetric triangle pattern and the key resistance level at $62.20. The MACD indicates strengthening bullish momentum, while the RSI stands at 67, suggesting there is still room for further upside before entering overbought territory. If bullish momentum continues toContinue Reading

Chart the Market (28/05/2025)

Written on May 29, 2025 at 7:27 am, by

BTC, H4:  Bitcoin (BTC) briefly surged to a fresh all-time high near $112,000, but the rally quickly lost steam, with prices retreating by nearly 2.5%, prompting market participants to question the sustainability of the breakout. The sharp pullback has led many to view the move as a potential false breakout. Although BTC managed a technicalContinue Reading

Chart the Market (27/05/2025)

Written on May 29, 2025 at 7:26 am, by

Dow Jones, H4:  The Dow Jones experienced a notable sell-off in the recent session, causing the index to break below its ascending channel, raising short-term caution. However, it continues to trade above both the 20-day and 50-day moving averages, indicating that the broader uptrend remains intact, provided the index holds above the key support levelContinue Reading

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