ETH/USD: Waiting for pull backEthereum it's another interesting position that I see. Maybe, we could to find up entries around 0.382% or 0.618% fibonacci key level. But to watch and hope for this long position. Also, I put an alarm on $2,900 USD to being informed if Ethereum cross this price and still pending if we forming any bullish candlestick formation in many hours more.
So guys, there're not any long position for now!!! We hope a pull back around $2,900 USD, and also in the 0.618% around $2,855 USD to entry in long in Ethereum with price action analysis and confirmed
We wait for next opportunity
And tomorrow, I will start analyzing Forex, my favorite global market that don't sleep 24 hours/7 days on the week to know the global economical trend in our financial world.
Resistanceline
The most important doge support and resistance linesHello dear friends, let's take a closer look at the Doge chart in daily time frame.Since May 19, 2021, a strong S1 support line has been formed, which has been rejected upwards every time the price hits it.It is possible that the price will test the S1 level once again on the way to increase.The R1 line, which used to be a strong support in 2021, has now become a strong resistance.If a daily candle is closed above the R1 line and after completing the pull back to it, it is possible to increase the price up to the R2 line.In the event of a war between Ukraine and Russia and the loss of the S1 support line, there is a possibility of a sharp drop in prices.
SLP-USDT UpdateIt seems like SLPUSDT had a false breakout and the resistance line is still intact. It is probably in a correction phase after a great run up.
There is a battle going on in the circled area.
A bearish engulfing pattern is present on the daily so can expect more downside action possibly to the 50DMA unless trendline is successfully broken with the retest of the line.
* Not financial advice. Please do your own DD.
Euro it's bullish on monthly timeframe to $1.27 USDI decide to take time to analyze the most popular Forex par that it's the EUR/USD (EURO/U.S. Dollar). This it's my forecast how I see the Euro by long term toward a target at $1.28 USD and included $1.34 USD based in the Fibonacci reversal and impulse.
Crypto | XRPUSDT | March 2021 Its My Vision about Ripple . I think we faced with a long time Reverse Head & Shoulder and soon we go up . at least for a Short period of time We see it in a higher price position ;
As you can see, whenever the price reaches the level of 48 cents, it is accompanied by an upward jump.
I think we will see it again .
This analysis is for study purposes only and has no investment aspect.
Share me your Ideas About it .
Take Care
GOLD (XAUUSD) SAUCER or ROUNDING BOTTOM FORMATIONHere on this graph, i wanted to show a good example of a saucer bottom to you in a monthly graph of XAUUSD.
There are so much discussions about Gold's future, in my opinion Gold always had and will have a good future.
Saucer or Rounding Bottom
Generally saucer bottoms marks major turns.
Strength of the turn is about how long the saucer lasted.
On this graph saucer lasted about 8 years which makes it strong!
If you enjoy my graph, please make sure you like and follow me. Your feedback will always be appreciated. Share your opinions under comment. Discussion makes us stronger. Have a great day!
Updates for EUR/GBPEUR/GBP has continue bullish at the moment and so, the previously technical analysis about the shoulder head shoulder bearish it's was invalided, and so, the new shoulder head shoulder inverted or bullish has valid, and indicators are show that it's a positive for this par. So, I keep my trade and believe that we reach at the 0.8978, this is my target profit, because also, let's me see to recall is that we have resistance line, and there, it's may be a possible movement to short, look!!!
But, I get to run my target profit and closed up manually until the price action show me the contrary of reversion, so, the are a high opportunity to see another side that EUR/GBP it's can be to reach the trend resistance line.
BCHABC is trying to break out..BCHABC has a major descending resistance line that pushing price down.
Once resistance line is broken it's a good buy opportunity. Confirmation point is 0.033813
Potential TPs:
1. 0.04
2. 0.050588
3. 0.057927
Do not forget about stop-losses.
It's not a financial advice.
Trade carefully and good luck!