After this drawdown, BTC seems to be bottoming out near 40k to 35k from bullish divergences appearing. I believe if we get support here around the 35k PoC levels around the chart, it'll increase the likelihood of an uptrend back toward at least 43k to 47k, another PoC. From there, it is 50/50 as to whether we'll head to overtaking the ATH or bottoming out near...
TLDR: If there is any chance of breaking up we must go way down first. Currently the BTCUSD pair is enjoying a band of bids on the DTF. We've completed another range, initiation, mitigation cycle and waiting for continuation. This pair has tried unsuccessfully numerous times to drop below and retest support (dashed green lines). There is a sizeable...
There are multiple indicators that are suggesting that 40k region could be a local bottom. Heatmap also showing strong buy wall at these levels. Looking at this macro triangle, it shows that breaking ATH was a fake out and not sustainable after failed retest of prior resistance. I would expect a bounce to resistance line again from current levels. This can get...
Hello Bears, I can see the GBP USD is about to make the third top of the bearish correction, by reaching 1.3430 - 1.3450 support area and got some buying volume will liquidity discharge to the 1.3600 -1.3620 resistance area, going short to pounce back to the support area. as you can see a vertical line on dates 27/10/2021 and 9/11/2021 these cyclic trends will...
Great Panther Mining Limited (GPL) entered the buy zone, based on the fundamental analysis I see the company start to recover from the -55% price drawdown since January 2021. I see the net income has made a great height '' 21,858 K '' this year than 2020 '' 334 K '' with +6544 % Increase. As shown on the company Income statement on Yahoo Finance the...
Is that a Pin Bar on GBPCAD Daily Chart? GBP still strong? 47 Week High! Is a new 52 week high the next victim here? Some interesting Price action here now midweek across the GBP Pairs. There is still so much time left in the day to trade, However there is NO DOUBT that many traders will be eyeing the current price structure of this pair and its current...
We had thought we had posted this chart yesterday again but we hadn't Anyway As per our HEAT MAP, You can see GBP has held first place for Many weeks now, & CHF along with JPY have been fighting between them as to which keeps last spot as the WEAKEST of the Majors. Our earlier PRICE Target were Met and EASILY EXCEEDED Keeping things simple we will be looking...
D1 : As you can see on this daily chart I draw an heat map which gives a clear picture of a strategic positioning on BTC 1) Current situation : BTC is roughly traded in the middle of the 36600-42000 trading range which means that as long as we stay above 36600 it is OK. Scenario bullish : a clear breakout of former high at around 42'000...
We are looking to add to the Long we are still holding since Tuesday 19/01/2021 Ideally we get a better pullback to enter lower than current price Risk Reward still looks good. Our first take profit at 0.7920 but we like it even higher and will extend target depending on PA.
#HSR is probably the sexist chart on binance right now. Been consolidating within this wedge for a week now. Moderate resistance at the 1000 area which can be shown by the VPVR. MACD crossing over and flat. Stoch low and pointed upward. EMA and MA both proving a strong resistance and converging. Once this break it will be a rocket ship.