Blackbirdtrading
GOLD time to go downHello Birdies,
As in our last analysis we told you GOLD is under two resistance and those are not letting it go higher as 90% of it expecting a new higher high.
Time for liquidity is near. Once it retest the green line above yellow line we will see a path downward.
Targets are mentioned
BTC current PA historyHello Birdies,
Our current price action is under the Trendline which starts from the ATH of the April which mark the top for BTC and after a retest in OCT and NOV start of bearish market.
Thats not only it if you follow the line on horizontal plane you will see if price had a jump till 17,500 the other line we pose greta resistance because thats the line from where we have a star of Bull market of 2022.
So we are under two strong or GOD level resistance and this will lead the way to 7500-9700 range or maybe 3400 too.
HNT bullish signHello Birdies,
After plotting chart we find that there is a bullish signal in HNT. let the price settle around 1.82 and thats your que to take long and take profits are in red.
Thanks
BTC next movesHello Birdies,
After a very long a very clean structure and chart.
BTC just broke out of Bearish Descending Triangle and is retesting the base as resistance.
The range of short can be between 17500-17960
But if the driver of the coin decided to rekt peoples short price can jump to 18,600
As usual:
Greens are point of Long
Reds are point of Short
BTC where is the top?Hello birdies, we are here again with a new idea.
History
- 21 wma cross down to 50 wma
- After getting support on 100 wma BTC create bull trap.
- And we see a sharp fall.
Similar pattern is emerging again, in 10-14 days we gonna find our top which may put BTC @ 51k-53k and than the fall which put BTC @ 19, 400
Legens
Green: 21 weekly ma
Blue: 50 weekly ma
Orange: 100 weekly ma
Red: 200 weekly ma
LTCUSDT bullish signal.Hello Birdies,
So LTC is reaching at strong support making it a double bottom and our fib-arch gives us the pivot point and fractal to give more confluence to our entry setup.
So the entry setup is either at 55.38 or 50.41 both have equal chances.
There is an imbalance at 85-91 range which make. it our TP1 and TP2 is at where fractal pointing 11x. range.
Thanks for watching
EURUSD whats next? 2Hello Birdies,
First lets talk about chart:
We have two black lines on chart there history will be posted in comment as screenshot
The red line + black line + circle is providing strong resistance and price already fallback inside the circle
There is a lot of liquidity in terms of imbalances
So in long run we are seeing EUR @ 0.85-0.88 as per chart the time will be around May-Aug 2024
DXY whats next?Hello Birdies,
We just clone the bars from point A to point B and after plotting it above the resistance line we found that DXY will try to tap both the imbalances which will get it as high as 133.
Seems unrealistic but this is what we are seeing on chart.
So far DXY has broken both the strong resistance we can expect some more upside from it.
Thanks to @Tolberti
BTC is really bullish?Hello Birdies,
Whats the use of map if we dont learn from past. We track down the price point in history and found that its under two strong support lines which is acting as a resistance now..
Only if they are converted to support I will be bullish other wise I am shorting this.