EURO - Price can reach resistance area and then bounce downHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Recently price rose to $1.1135 level, which coincided with the resistance level, and at once bounced down.
Price fell to $1.1005 level and then started to grow inside wedge, where it in a short time reached $1.1135 level.
After this, price some time traded between this level, until it finally broke it and then rose higher than resistance zone.
But then, EUR turned around and made strong downward impulse, thereby exiting from wedge and breaking $1.1135 and $1.1005 level.
Also, price little fell more, but recently it turned around and started to grow, so, I think it can reach resistance area.
Then Euro can bounce from resistance zone and start to decline to $1.0900
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Impulsedown
Euro can rebound up to seller zone, breaking resistance levelHello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price some days ago rose a little and then made a strong downward impulse to the support level, which coincided with the buyer zone, breaking the 1.0740 resistance level. After this movement, the EUR turned around and started to rise inside the upward channel, where it firstly a little rose and then declined to the buyer zone. Price some time traded in this area and soon exited from it, making a fake breakout of 1.0625 level and then rose almost to the resistance line of the channel. But soon it turned around and declined to support line of the channel, after which rebounded up, making a fake breakout of the support level one more time. After this movement, the Euro in a short time rose to a resistance level, which coincided with the seller zone, and not a long time ago rebounded and started to decline. At the moment, I think that the EUR can almost decline to the support line of the channel and then rebound up to the seller zone, breaking the resistance level. So, that's why I set my target at the 1.0760 level, which is located in the seller zone. Please share this idea with your friends and click Boost 🚀
BITCOIN - After downward impulse, price can rise back to $45000Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
When price bounced from resistance level, which is located in resistance area, it started to trades in falling channel.
In channel, BTC declined to support level, which coincided with support area and even soon made fake breakout of this level.
After this, price made strong upward impulse from $42000 support level to $45900 points, breaking $44000 level and exiting of channel.
Later, BTC started to decline and fell to $41000 points quickly, breaking the $44000 level again.
Recently, price rose higher than support level and soon bounced from this level to resistance line, where it trades near now.
Possibly, Bitcoin can continue to move up to $45000, breaking resistance line and level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️