The descending triangle might indicate a bearish breakout. Volume is still low, not a lot of action around this coin. It reacts to the BTC price fluctuations properly, but other than that, not much yet. Lets hope the descending triangle is not correct and that it will break upwards instead of downwards.
Looking to invest when it gets to any of the blue or green below, with price action and wait for a pump and dump
Market Structure: BULLISH I am looking for buy setups on the 4hr for AUDCHF. Ascending Channel pattern is happening on the 4HR chart. Since market structure is bullish I'm looking for Buy setups. This looks like it may take a while until structure fully breaks towards the upside. However, if it breaks towards the downside of the Ascending Channel, I'm looking...
Tldr: my bio first few paragraphs, chart pattern identified final paragraph. Cup and handle 1minute Just trying to spend my free time learning about markets and trading and whatnot. Startimg with free shares from random brokerages and such, moved to crypto cause working cuts into daily market plays. Always had an interest in markets but I only ever experienced...
Market is moving bearish 4H/1H.(Daily too) 1:Bearish structure:(Short order).Market making LL/LH. 2:Market might retest levels of 1.88229 or 1.88880, then back to 1.85912. 3:Market below the 200 MA. 4:Market will likely retest golden fibs levels. 5:Look for bearish structure on lower time frames for your entry, or what ever is your entry criteria. 6:Do look out...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for GBPJPY, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
After a short down trend the price will most likely range on the trend channel above the round number 0.72000 which has a strong support level. After that we will see if which direction the price will break on that constriction. Patience is key! but most likely there's a high probability that it will continue to go down to the 0.70500 level.
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for EURNZD, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Futures opened up green but have been inside of a rising wedge. Usually these breakout to the downside, which played out beautifully here. For now it seems the bulls have lost their momentum but as I was typing these we even started breaking down further. My next target is my marked support. We could get bigger moves now.
on the local uptrend of the 4hr chart. falling wedge after falling wedge. has to break 392 if rejected look for a drop between 378 and 365. not financial advice
Hello everyone, here is the top-down analysis for AUDNZD, feel free to request any pair/instrument or ask any questions in the comment section below. If you like the idea, do not forget the like! Best of luck!
GBPUSD break down into previous resistance... Now it set up for a, sell
BITCOIN TECHNICAL ANALYSIS VOL.1 BYC/USD
NZDCAD AT AREA OF VALUE WAITING CANDLESTICK CONFIRMATION AND IM GONNA PLACE MY SHORT ENTRY.
This pair could go upside with impulsive movement, so be alert about price action.