check it algo is on a important support for long comment your openion
I analysis by smart money, Al Brooks, OB, Trend, Supply and demand, elliott wave, fib, MACD, RSI and ...
The screenshot I took from Mr. El Brooks' trading course. This chart is incredibly similar to the Bitcoin chart! I think this resemblance is interesting.
Hello to the large community of traders, If you checked my previous analysis on BTC, you see 2 dynamic resistances that now is broken. I see BTC bullish if all 1 week candles consolidate above long term resistance. **This is not an investment advice. Your capital might be at risk.** You can support me by donating coins. Give me your idea on comments... ...
Hi guys I have 2 scenarios for the bit Scenario I have: 1- The first is that after reaching the range of 65 thousand dollars, due to the over-selling area of RSI, expect to fall to 53,000 and again expect to climb and break the historic ceiling. 2- Secondly, from this point, the ceiling of 65,000 breaks and goes up to $ 85,000 and goes to the previous ceiling,...
Hello to the large community of traders, Related to my previous Bitcoin👇🏽 I expect this bearish momentum to be Bull Flag and yes this is what exactly happened. This Bear leg was just correction of our bullish impulsive leg. ( Falling Wedge = Bull Flag ) If you want more confirmation for bullish momentum, wait until bulls consolidate above 20 and 50 Moving...
Due to the fundamental currency of ICP and price action analysis, it is likely that the mentioned prices will be an upward trend. Resistance : 125 Resistance :200 BINANCE:ICPUSDT COINBASE:ICPUSD
We are in a consolidation, and the 13.19 is a ceiling for GE, while the 12.94 is a floor. According to Al Brooks, 80% of the breakouts are going to be false, so we must be careful. The time to buy is near the support, but there’s a chance we’ll see a breakout from the 13.19. We have a possible advanced breakout in the 4h chart, and if confirmed, this can make...
Subjective analysis based on the Al Brooks method. We have a broad bullish channel, and within that channel we have an upward and downward trend. If the context continues in the same way (it will probably continue until the market cycle changes) it is possible to imagine a new bearish leg that sets up a new bearish trend within the broad bullish channel...
WASSUP GUYS, JUST WANNA SHARE WITH YALL THIS OPPORTUNITY ON EURUSD IF IT TRIGGER... PRICE IS TESTING TREND CHANNEL LINE AND WE CAN GET A LONG OPPORTUNITY SINCE WE GOT A WEDGE PATTERN ON SMALLER TIME FRAMES TOO... I BEEN STUDYING AL BROOKS AND A MAJOR TREND REVERSAL IS HAPPENING ON THE 5 MINUTES CHART SO THIS IS REALLY INTERESTING.
When price is captured between a ceiling and a roof, its better to BLSH. what does BLSH means? It means Buy low, Sell high. when price reaches the top of trading range, you can bet that it goes down. You might say "why? Isn't that at some point it will break out of this range and start to trend?" I will say to you yes, BUT most of attempts to break out will fail....
Here is my last post: Did you buy some bitcoins here? :) For short term traders, they have already taken their profit. Market should not go back to 11100 again, if it did, then I will change my thought. I will be neutral at least.
Generally I still hold the opinion of bitcoin future in my last post. But market is facing a correction in short term. Pay attention to the 11616 resistance and 11110 support.
I am sorry that I posted the wrong chart in my last post. Here is the right one. I am a long vacation in New Zealand, so I can't write my thoughts on time... I am still holding my cryptocurrency. I bought some bitcoins 1.53% at 9289 in huobi.pro. As you can see the analyse in the chart, bulls are taking control. They tested the apex of the big triangle and found...