Charter Communications’ stock price (CHTR) fell slightly in the intraday levels, while trying to shake off negative pressure from the 50-day SMA, but the stock is hampered by negative signals from the RSI after reaching overbought levels, amid the dominance of the upward correctional short-term trend.
Overall, we expect the stock to rise and target the pivotal resistance of $386.28, provided the support of $315.23 holds on.
Ethereum price (ETHUSD) provides positive trades now to test the minor resistance 2550.00$, affected by stochastic negativity, waiting to get negative motive that assist to break 2496.20$ to confirm heading towards 2432.00$ as a next negative target.
Until now, the bearish trend still expected for the upcoming period unless breaching 2600.05$ and holding above it.
The expected trading range for today is between 2370.00$ support and 2620.00$ resistance.
Trend forecast: Bearish
Bitcoin price (BTCUSD) shows clear positive trades to test the key resistance 70555.00$, which urges caution from the upcoming trading, as breaching this level will stop the morning suggested negative scenario and push the price to rise again, to head towards achieving gains that start at 71735.00$ and extend to 73800.00$.
On the other hand, we should note that breaking 69605.00$ will reinforce the chances of resuming the intraday bearish wave that its next target reaches 67480.00$.
The expected trading range for today is between 67300.00$ support and 70800.00$ resistance.
Trend forecast: Bearish
Brent oil price managed to reach few pips away from our waited target at 75.36$, fluctuating around 74.65$ now, waiting to resume the positive trades and breach the mentioned target to achieve additional gains that extend to 76.84$, reminding you that breaking 73.90$ will stop the bullish trend and put the price under the negative pressure again.
The expected trading range for today is between 73.10$ support and 76.10$ resistance.
Trend forecast: Bullish