Litecoin | On the Verge of Breakout..!!LTC/USD (update)
Forming Symmetrical Triangle Pattern in Weekly Chart.
Volume has also been Decreasing Since DEC 2017's Top.
Expecting Triangle Upside Breakout in Next Few Days So Keep Your Eyes on it..!!
In Case of Breakout, Next Stop Would be Around +100..
Major Resistance Levels : 80 & 140
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Faibik
XRPUSD | 120-160% Profit Potential..!!XRP/USD (Update)
Falling Wedge Breakout done in Weekly TF Chart.📈
Expecting 120-160% Profit in Midterm So grab it With Low Risk & #HODL With Patience..!!
Buy Around 0.2-0.19
Sell Targets 0.24 - 0.30 - 0.36 - 0.45 - 0.5
Stop Loss : (If Weekly Candle Closed Below 0.17$)
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Bitcoin | Holding the Crucial Support..!!BTCUSD (update)
Bitcoin has still inside the Ascending Channel, So far We're Safe,
Inside the Bigger Channel, There is a Descending Channel As Well.
Bullish Scenario..!!
If Bitcoin Bounced Back from Here & cleared the 9.6k Resistance too, Bitcoin Might test the 10.8k Area.
Bearish Scenario..!!
In Bearish Case, If Ascending Channel Broken Downside, Bitcoin Might Crash Hard in July & test the 7.4k Area Support.
In Short, Below 8.8k Bitcoin Will be Bearish & Above 9.6k Will be Bullish.
Yesterday, Bitcoin Bulls lost the Key Support (9090) But Still Moving inside the Descending Channel.
Still I'm Expecting Bullish Move Because Bitcoin CME Futures Closed at 9220 ( +250$ Price gap so far)
In 12h Chart, Pennant Broken Down But Still Holding the EMA200 (Major Support)
In Bearish Case, Bitcoin might retest the Pennant, then Dump hard towards the 7.4k (Major Support Area)
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Bitcoin | So far Bulls Holding the Crucial Support..!!#BTC (Update)
In 12hr Chart, Bitcoin Has Still Inside the Pennant.
Last time, Bitcoin Bulls tested the 9.8k Resistance But Unfortunately Remain Failed to Clear it & Now Tested again EMA100 (9214) And Candle Closed ABove Crucial Support & Inside the Pennant.
A t the Moment, Bears in Control & Bulls Defending the Crucial Support
If Bitcoin Bulls lost the EMA100 Support then It Might Dump hard in Coming Days. (Major Support Will be 7.4k)
If Bulls Cleared the Descending Resistance or Pennant Broken Upside, then Bitcoin Might test 11800-12000 Area in Late July.
In Short, Below 9.2k, Bitcoin Will be Bearish & Above 9.7k Will Be Bullish, And in Both Cases, ALTS/BTC Will not be Safe..!!
Ascending Channel Formation ..!!
In Mar-Apr 2020, EMA100 Acting As Strong Resistance While It's Forming Ascending Triangle Patter.
After Triangle & EMA100 Breakout, Bitcoin Did Awesome Job (+34% in 10-12 Days)
Now, Bitcoin Forming Ascending Channel & EMA100 Acting As Strong Support.
If Channel & EMA100 Broken Down, Expecting 20% Bearish Wave. (Bitcoin Might test the Strong Support 7.4k)
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GOLD | Ascending Channel formation..!!#XAUUSD (Update)
Forming Ascending Channel in 12h Chart.
At the Moment, Facing Resistance & Volume has also been Decreasing (Not a Good Sign)
If Bulls Cleared the Resistance (1770), Next Stop Would be 1800.
In Bearish Case, It Might test the Major Support Area (1680) in Coming Days.
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USDCAD | Expecting Bullish Wave..!!USDCAD (update)
In 8h Chart, USDCAD Has Still in Downtrend but Now Getting Strong & Might test the Trendline Resistance..!!
Major Support (Blue) Turned As Strong Resistance now..
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Bitcoin | Bullish Pennant formation..!!#BTC (Update)
Since 30th April, Bitcoin Has been Stuck in 8600-10000 Range, That's the Reason, Alts doing Well
Now, Bitcoin forming Bullish Pennant in12h Chart..
Volume has been Decreasing Since Halving 2020 (12th May)
EMA100 (9180) Acting as Strong Support.
In Case of Bullish Breakout, Bitcoin Might test 11800-12000 in Late July.
If Pennant Broken Downside, Bitcoin MIght test the 7.2k Area Support.
Big Move Coming...!!
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LTC/BTC | Expecting Trendline Breakout..!!LTC/BTC (Update)
In BTC Pair, Litecoin has been in Downtrend from last 4-5 Months. (Forming Lower low & Higher lows)
At the Moment, It's Facing Downtrend Resistance (Trendline), & Bulls Looking Strong.
If Bulls Cleared it, Expecting Bullish Wave, So Keep Your Eyes on it.
In Case of Breakout, Expecting 35-40% Bullish Movement,
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XRP/BTC | Descending Channel Formation & Midterm Targets..!!#XRP/BTC
In BTC Pair, Ripple forming Descending Channel Pattern. (Downtrend)
Printing RSI Bullish Divergence as well But Bulls Need Volume for Reversal.
If Bulls Cleared the 2.4k Sats Resistance, Expecting Bullish Rally in July.
Buy Some With Low Risk & #Hodl it for Midterm (Expecting 80-90% Profit)
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Bitcoin | Ascending Channel & EMA100..!!#BTC (Midterm)
Bitcoin forming Ascending Channel in 12h Chart.
Volume has been Decreasing Since 12th May (Halving)
EMA100 (12h) Acting As Strong Support (9160)
If Channel Broken Down, Expecting Bearish Wave in Coming Few Days.
In Bearish Case, 7.4k Would be the Target.
In Daily Chart, Bitcoin Turning Bearish..!!
Daily EMA50 Getting Weaker.
Width of Bollinger Bands getting Very Narrow (Big Move Coming)
In Weekly Chart, Bitcoin Bulls Failed to Clear the Longterm Resistance..!!
Now Expecting Bearish Wave Before Next Bull Run & Triangle Breakout.
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EURUSD | Falling Wedge & Trend Line...!!EURUSD (Update)
In 4h Chart, EURO Has been forming Falling Wedge Pattern.
At the Moment, It's Heading towards the Major Trendline. (Still in Uptrend)
Now There Are Two Possible Scenarios...!!
1- If Trendline Broken Down, It Might test the 1.102** (Fib 38.2%) Area.
2- If Bulls Hold the Trendline, & Bounced Back, Expecting Wedge Breakout.
In Case of Wedge Breakout, EURO Might test the 1.138** Area (Major Resistance)
So Be Ready for Both Bearish & Bullish Scenarios..!!
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EURGBP | Resistance got Rejected, Expecting Bearish Move..!!EURGBP (Update)
EURGBP Has been Moving in Parallel Channel From last 30 Days.
Recently, Major Resistance got Rejected Again & Now Again Heading towards the Major Support.
In Bearish Case, If Remain Below the Resistance, Expecting +120 PIPS Bearish Wave.
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EURNZD | Getting Ready for Massive Breakout..!!EURNZD (Update)
In 4h Time frame, EURNZD Facing Major trendline (Resistance)
If Bulls Cleared the Trendline (Breakout), Expecting Bullish Wave towards the Major Resistance (1.76**)
Expecting 160 PIPS Bullish Movement, so Keep Your Eyes on it..!!
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NZDJPY | Bearish Flag Breakout..!!NZDJPY (update)
In 4h Chart, NZDJPY Already Broke the Uptrend line & Now Forming Bearish Flag Pattern.
If Flag Broken Downside, Expecting 200+ PIPS Bearish Wave So Keep Your Eyes on it..!!
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Bitcoin | Ascending Triangle & EMA50..!!BTCUSD (Update)
In Daily Chart, Bitcoin forming Ascending Triangle Pattern.
Daily EMA50 acting As Strong Support (Tested 3 Times in last 34 Days)
In Bullish Case, If Resistance (10.4k) got Cleared, Next Stop Would be 11666.
If Ascending Triangle & EMA50 (9.1K) Broken Down, then Bitcoin Might Test the Major Support (8.2k)
By the Way, Volume has been Decreasing Since 10 May (Halving Hype), Big Move Ahead So Be Ready for Both Bullish & Bearish Scenarios.
What We Do Now ??
If You're Holding Bitcoin, Set Stop Loss Below Daily EMA50 (9105) & Wait for Triangle Breakout..!!
In Longterm, Bitcoin Might Retest the 6666 Area Before Triangle Breakout,
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CHR | Getting Ready for Bullish Move...!!#CHR (Update)
Forming Symmetrical Triangle in 8h Chart.
Major Indicators Turning Bullish but Need Bullish Volume for Breakout.
In Case of Breakout, Expecting 15-20% Bullish Movement
Major Resistance : 240 Sats
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Bitcoin | Ascending Channel & EMA50..!!#BTC (Update)
Bitcoin Has been Moving Between 8.4k-10k Range from last 36 Days. (forming Ascending Channel)
At the Moment, holding the Channel Middle line (9.6k Support) & EMA50 (9464)
Now, there Are two Possible Scenarios..!!
- In Bearish Case, If Bulls lost the Support, It Might Retest the 8.8k Area Support.
- In Bullish Case, It Might test the Major Resistance (10k Area) Again, In Case of Rejection, There is a Possibility of Triple Top Formation 📉
Bitcoin CME Future Closed at 9800..!!
Expanding Triangle Formation..!!
According to Expanding Triangle, Big Move Ahead (Higher High or Lower Low)
In Weekly Chart. Bitcoin Facing Longterm Downtrend line...!!
In Weekly Candle Closed Below 9.6k or Trendline, Expecting Bearish Wave for Midterm.
In Case of Trendline Breakout, There is a Possibility of Bitcoin Bull Run in Coming Days..!!|
Waiting for Weekly Close 😎
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Bitcoin | Bulls Losing the Momentum..!!#BTC (Update)
Bitcoin Dumped $700 Within Minutes & Back Below 10k.
So far Bulls in Trouble..!!
In Weekly, It's Printing 9th TD Candle & Still Bitcoin Below the Major Resistance (Trendline)
Waiting for Weekly Close 😎
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EURUSD | Facing Major Resistance Area..!!EURUSD (Update)
In 8hr Chart, EURO Against USD Facing Major Resistance Area (1.113-1.118)
RSI Overbought & Selling Volume Has also been Increasing. (Bearish Sign)
Expecting Bearish Wave ( Might Retest the Support 1.100)
If 8hr Candle Closed Above Major Resistance Area then This Bearish Plan Will be Invalid. (Update Later)
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Bitcoin | Major Resistance Rejected Again..!!#BTC (Update)
On 7th May, Bitcoin Hit the 10k Resistance & Failed to Clear it.
On 11th May, Bulls Retested the 8.6k Support & again Bounced back towards the 10k (Rejected Again)
Now, Bitcoin Moving above the Trendline But Looking weak.
If Bulls lost the Trendline Support, I'm Expecting 8.6k Support Retest incoming days.
If Bulls Hold the Trendline, Then It Might Retest the Major Resistance (10k)
Trendline Getting Weaker After Every Retest, So Sooner or Later, It Might Broken Down..!!
On the Other Hand, Major Resistance (10k) Also Getting Weaker After Every Rejection, Bulls Might Clear it Soon.
In Bearish Case, Major Support Levels Are Mentioned in Chart & In Bullish Case, Next Major Resistance Will be Around 11.8k Area.
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ETHER | Ascending Channel & Ichimoku Cloud..!!ETH/USD (Update)
In 8hr Chart, Ether Has been Moving in Rising Channel Since 12th March Crash & At the Moment, Retesting the Horizontal Resistance (176$)
On the Other Hand, Holding the Ichimoku Cloud Support As Well & It Might Retest the Cloud Before Another Bullish Move towards 205-210.
Horizontal Resistance (145-148) Turned into Strong Support & In Worst Case, If Bulls lost it then We Could See Big Crash.
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TEZOS | Heading towards the New ATH..!!XTZ/USD (Update)
In Weekly Chart, Moving in Ascending Channel & heading towards the New ATH..!!
At the Moment, Looking Bullish & Doing Good.
If Bitcoin PUMP Due to Halving FOMO then TEZOS Will Definitely Follow the Boss So Keep Your Eyes on it.
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Bitcoin | Weekly EMA100 & Halving FOMO..!!BTC/USD (Update)
Fifth Consecutive Weekly Candle Closed Below EMA100 (7286). Bulls Continuously trying to Clear this Major Resistance But so far Failed to do that.
On the Other Hand, Bitcoin Halving just 3 Weeks Away & I Hope Halving FOMO Will Clear this Resistance.
If Bulls Cleared it then Next Stop Will be 9.2-9.6k Area So Keep Your Eyes on it.
In Daily Chart , BTC volume has been Decreasing since 12th March Crash, that Means Big Move Ahead.
At the Moment, It's Been Moving Btw Major Support (6.6-6.8k) & Key Resistance (7.4k)
If Bulls Cleared the Resistance (7375) then Bitcoin Might Jump towards 8.8k Area in Coming Days.
If Bulls Lost the Major Support Area then We Could See Another Crash in Coming Days (Target Will be 5.2-5.4k Area)
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