Akro broke out of the major channel and retested. The level we're watching is the 0.06 level where if we break it, we could see it going much higher to create new highs!
USOIL broke out of the long term ascending trendline correctively and is now in an ascending correction. Ideal place to enter would be an impulsive break of the ascending correction and a retest of the level indicated. See linked charts for more information on corrective breaks! Goodluck and trade safe.
Bitcoin is now approaching one of two important levels where price could reject and bounce higher. 50k has historically been a really important level for Bitcoin and we may see buyers fend off sellers when it comes to 50k. Watch for lower timeframe reversal!
Bitcoin is now approaching one of two important levels where price could reject and bounce higher. 50k has historically been a really important level for Bitcoin and we may see buyers fend off sellers when it comes to 50k. Watch for lower timeframe reversal!
Doge has been giving us multiple corrections and now we can clearly see that we are in a major symmetrical triangle after coming from a bullish impulse, which means the next major impulse will be sending us to the Moon! We are currently in a small bullflag. Watch for that to break upwards!
Price impulsed and now we're in an ABC bullish correction which will inevitably move to the upside. Watch for break fo the correction and gain entry on bull flags. Alternatively, watch for price to go back to the bottom and gain entry there.
We have 2 areas of interest which line up nicely with different trend lines. First is the major trendline where we can see the 100EMA support. Price has already bounced off there but if we see that break, the next area to look for buys is the 200EMA support where we can see a parallel channel support and it would complete the ABC bullish correction for a move higher!
We have 2 areas of interest which line up nicely with different trend lines. First is the major trendline where we can see the 100EMA support. Price has already bounced off there but if we see that break, the next area to look for buys is the 200EMA support where we can see a parallel channel support and it would complete the ABC bullish correction for a move higher!
Price is in a bullish correction since we had an impulse leg. We are now almost finished the C wave where we will carry on with the next impulse!
Theta has been moving correctively down in steps and we are approaching the 200EMA which lines up with a major ascending trendline. The ideal area to buy would be the $6 mark. Alternatively, if we break the $10 mark impulsively, we could see it break up to make new highs!
LIKE THIS IDEA FOR UPDATES Bitcoin is almost ready for the next massive pump! We can see that the long term ascending trendline is intact and price is approaching it very soon with an ABC bullish correction! Watch for price to tag the previous bottom and buy bitcoin! See links below for updates and smaller timeframe.
We have been within this channel since the beginning of the year and it has been testing both extremes of the channel and reacting aggressively. Watch for the next touch of the channel - ideally the 61.8 fibonacci where we also have channel support.
We have been within this channel since the beginning of the year and it has been testing both extremes of the channel and reacting aggressively. Watch for the next touch of the channel - ideally the 61.8 fibonacci where we also have channel support.
As with all the other crypto pairs, we have seen a big bullish leg followed by a correction which we are in right now. We could possibly be in an ABC bullish correction now with the end of wave C aligning with the bottom of the flag and the Daily MA. Will wait to see if price reacts there and look for buying pressure.
From our last DOGE analysis, we got the perfect entry for this and it went up by 1000%! We are now seeing a brief correction where we can see price create a base for the next move up. Keep an eye on corrections on the lower timeframe. Goodluck and trade safe!
JPY is becoming bullish. CHFJPY is really close to the double top region where we can look for shorting opportunities. See chart update below for smaller timeframe analysis. Goodluck and Trade Safe!
let's wait for breakout 1 day (price at daily support can bounce from here )
buy : 130 -132 ( 135 also good) sl : 122 target : 5 to 30%