Hello TradingView Family / Fellow Traders, BTC has been hovering within a narrow range marked in red around the $60,000 - $62,000 support zone. Scenarios: 1️⃣ Bullish - Accumulation For the bulls to take full control again, a break above the upper bound of the range is needed. In this case, a movement towards the $69,000 resistance would be expected. ...
Hello TradingView Family / Fellow Traders, 📈 GBPNZD has been overall bearish , trading inside the falling channel in red and it is currently approaching the upper red trendline. Moreover, the zone 2.055 is a robust supply zone. 🎯 Therefore, the highlighted red circle represents a significant area to consider for potential sell setups , as it marks the...
Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst. 124 out of 500 days done. I truly appreciate your continuous support everyone! Let me know if you like the series, and if you would like me to change or add anything. Always follow your trading plan regarding entry, risk management, and trade management. Good...
We can see that EURUSD have been oscillating in a bullish trend with Higher Highs and Higher Lows. The price just hit the support level and from the candles it looks like we have a strong reversal in the play. I predict the price will start increasing from here. The analysis shows my position for this long trade.
It's really starting to feel like we put our bottom in... As you can see on my chart, $BTC looks like it has found some kind of steady support on the Alligator Trend Indicator. Now, this does not by any means signify that we are out of the woods yet. Bitcoin still has a few major hurdles to overcome. One thing that new traders should understand is support &...
Market is losing momentu toward significant area. Market is forming a descending structure towards area thus market reversing.
there's a huge test near our ascending line, around the 510$, if we didn't had 4h closing candle then the short sellers will come to Brin the price to our support .
Well it looks quite good for the little bro of Bitcoin. We might go into discovery mode very soon. Fundamental: - MWEB is coming. (Quarkslab declared MWEB a safe and effective way to improve financial privacy) - Taproot is coming - Litecoin transactions near an all-time high after gaining ground in consumer finance - LTC Visa Card - More Adoption Technical -...
In continuation of the previous post, a nice ascending wedge pattern is near to break downside! what does it mean ? 1- Ascending wedge pattern most of the time informs us about a reversal in the market, mostly in combination with other signals 2- The amounts of this decline is measured by its altitude, in our case, it is 40.5K 3- Remember it needs a proof for...
We all seen the ascending wedge that Silver has created over the last year. This chart just gives extra validation to the trade idea with several other sub-indicators, that eventually we are going to break up from here and re-challenge $30 in next few months. First I have the falling wedge patterns in black. It is a typical bullish reversal pattern, at its...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for EURGBP, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Cup and handle in the formation. Cup can turn into a rectangle pattern.
The reversal pattern it might be still there. It should keep going up until the Neckline and then the price should bounce back to the level 1 or 2
As predicted this fast pump has occurred and I believe it is close to topping off at least for this rally around 1/1 of the uptrend Gann Fan. (For some reason the angles don't show up right on post) (Entertainment Only)
This week Cardano has reached the bottom, hitting 1926 satoshis low. There it has rejected the 88.6% Fibonacci support as well as the 8/1 Gann Fan trendline. Although the spike was below, the closing price stayed above the 1952 satoshis Fib support. Then ADA/BTC started to move higher, breaking above the downtrend trendline. Currently Cardano approaching the 2196...
Clams coin has found the support at 40k sathosis. That is not only a strong psychological support but a 327.2% Fibonacci retracement level (applied to the corrective wave after the 62k support breakout). Clearly, 40k satoshis level has been rejected twice already, however CLAM/BTC is struggling to move above the 50k satoshis resitance, the 61.8% Fibs. At this...