Hi friends, There are a confluence of trendline and Fib ratio 61.8% and chances to take a pullback till the level of 32328. Share your views guys.
Hi Traders, Have a look at GBP/USD on the 4-hour and daily chart today. Having a look at the Daily time frame, we can see that price has been respecting this bearish trend line since the 20th of February 2022. We've had 5 taps so far on this giant daily trend line. Currently, it looks like the price is pushing to print its 6th tap. Now, we don’t know whether...
Get ready for long entry Here we have the one hour timeframe for Bitcoin. And we go straight to it... hit LIKE before we get started! Thanks for your support.
These are how I think the three types of GALA will look. Bull, Bear, Indecisive. These are the patters I'm looking for for re-entry. But if it is bearish I personally wouldn't buy it outright. Unless it reaches down to sub .3 within a week or two. I think the other two options are highly likely though. Of course all of these could end up looking differently, as in...
Hey all! As you see in the chart, a BEARISH BAT Pattern has formed and overstrecthed to the point where it is close to invalidation. THIS TRADE IS DEFINITELY YOUR CALL IN TERMS OF RISK-TAKING. MY personal opinion is pattern is still valid and stretched to the point where it makes risk-to-reward ratio even better. Since the pattern is over-stretched, it is easier...
Hey all! There is a possibility of a BEARISH SHARK pattern forming on the hourly chart of SPY. I marked the Potential Reversal Zone (PRZ) with a reddish rectangle box loosely. The critical levels are the 0.886 XC, 2.0 AB and 2.24 AB levels. The price action is likely to reverse around those levels if the pattern completes. There is a gap around the $330 level....
If down break the triangle, the price will go quickly at 20.
Hey friends! Try to understand better the market. This is my second idea, first was a fail. Hope to see a win
Looking at trend lines on 12-hour stochs, it appears there is at least a possibility of a reversal coming soon. Not only are 12-hour stochs beginning to turn, the MACD indicator is in a very weak (low volume) downward trend. Although it has only been a few ticks since the sell signal was given, a reversal could soon be in the cards if bitcoin can hold above 6050.
Xrp TA shows we clearly bouncing for the 4th time in a monthly basis, but how high the bounce will go? Crypto Market in general is bouncing. Volume is rising lately at least in Xrp's charts. Not financial advice, give a like
The market has respected the gap up low from this morning as has continued moving higher today despite the random China news coming out. The price is nearing the first price target. I will take some profit before the market closes just due to the stochastic being overbought but this market does not want to be stopped. May begin seeing a bit of a pullback in the...
ETH needs to clear $190 before gearing at full speed towards $318 EOY where a great battle could be seen, hopefully with a bullish continuation. Volume is rising. Not financial advice, give a like
LTC likes to lead the market at some times, the charts show volume rising, and once LTC clears the $62 mark it will probably gear towards $94 EOY Not financial advice, give a like
BTC needs to clear $8100 first in order to gear at full speed towards 10K then another battle will ensure, hopefully with a bullish result, mid-December. Volume is rising. Not financial advice, give a like
three hour trading until the moving avg. get away short term
Eur/Aud getting ready for a nice short. Easy TP target. Stops really tight just in case i'm wrong and price keeps going up. Waiting on confirmation before I enter.