It it End of BITCOIN Uptrend?Hello Guys!
You can observe a trend slowdown on the BTCUSDT pair and a decrease in volatility in the triangle, which is shown in the first 4H chart. The breaking of the triangle is expected until June 30.
We are inclined to short-term correction of the uptrend to the area of Fibonacci levels of 0.5 - 0.618, which are in the price range of $7000-8000.
It makes sense to open long positions after correction, or in case of breaking through and fixing the price above the level of $10300.
Stay tuned and keep your risks under control!
Best Regards
FOBS Team
Fobsfund
Bitcoin potential global reverse to downtrend! BTC Short?Hello Guys,
let's analyzing 1D and 1W chart for btc/usd.
On small timeframes, we can see swing signals to long positions since the price of $8900, and it makes speculative sense to trade long positions, however, momentum strategies on 1D show that this is most likely a downward wave correction that will end below $9650. Also on the 1W chart, we can see the weakness of buyers and the first signals to close long positions.
Today we would like to share the scenarios that we consider at the moment on the chart, and the FOBS trading strategy. At the moment, our positions in BTC do not exceed 25% of the total volume and are focused on intraday and swing trading. The long-term reversal strategy shows a long above $10500 and shorts below $8500 at the moment. Momentum 1D strategy also shows the expectation of short positions.
For 1D, now the situation is outside the market. For 1W, we are potentially considering an exit from a position in case a downtrend is confirmed.
The scenario of the continuation of the Uptrend we are considering after consolidating above $ 9650.
Best regards,
FOBS Team
Bitcoin weekly Uptrend confirmation! Up to 14000?Hello Guys,
last week has been closed with confirmation of uptrend. There signal to close all short positions and looking for entry points for new long trades.
We are prognosing short term correction and next impulse wave. Buy zone is expected to be in 8600-9200 area.
First resistance will be experienced on the yearly highs in area of 14000. In case of sucessful buyer attacks we are expect up move to all time highs.
Best Regars,
FOBS Team
TRX midterm uptrend comes. TRON up to $0.045 till July.Hello Guys,
Breaking up of bearish trend line and signals from our momentum strategies for long trades are coming on weekly TRX/USD chart.
We suppose it's end of bearish trend for TRX. There is begin of new midterm upmove . First target is going to be in area $0.023-0.024 .
We will support this positon trade on weekly base.
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Best regards,
FOBS Team
ETC global reverse. The end of downtrend for Ethereum Classic Hello Guys,
Breaking up of bearish trend line and signals from our momentum strategies for long trades are coming on weekly ETC/USD chart.
We suppose it's end of bearish trend for ETC. There is begin of new accumulation for global upmove.
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Best regards,
FOBS Team
Bitcoin short-term trades. Correction of impulse wave 1H.Dear Ladies and Gentlemens,
on the chart we provide short-term trading scenario for BTC/USD.
Green zones - potential open for long buy positions and close for opened short sells
Red zones - potential open for short sell positions and close for opened longs.
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Best regards,
FOBS Team