I will be looking at a short position targeting 3300 for a retest, then a long position with a take profit at 3640. This has proofed to be effective in the past, i’m also looking at the indicators, RSI being in a contrary direction than price and even a bearish signal in the MACD
If BTC holds, the Supply area is a possible target. Watch out if BTC loses zone there is an possiblity that there is a fadeout out of the compression. If Market maker move is inplay possible target lower then the Compression
According to my future outlook, I expect Bitcoin to break the price of $50,640 in the next two months. I think it will be in May. I think 05/17/23. If it breaks it, it will continue to rise until November and December in 2022. It will touch $72,000 for the first time, after which it will reverse downward for about two years on 11/11. 2024 or 12/2024 in order to...
According to my AUDCHF estimates, it will change the movement of the ascent to the descent, knowing that this is DAILYFRAME
You have identified strong resistance and strong support on DAILY FRAME and they will be a place for a reversal or bounce
Bitcoin and the Crypto market are in a very important area. Everything is specified in the picture
The live XRP price today is $0,90 USDT with a 24-hour trading volume of $4.008.592.011 USD, - 14,08% in the last 24 hours. Since the local top at 1.40$, price undergone a significant correction (-35%), which we were expecting after hitting multiple times upper level of Keltner channel. The prognosis for the next days is still bearish as price has fallen under...
I have identified the strongest support and resistance areas for this pair. Keep this analysis and then wait for confirmation
The pattern and analysis are completely clear on the chart. Traders who like risk and want to enter an emotional position can enter long and leave within the question mark range. In general, the ascending signal is completely eliminated and there is a downward trend that the relevant signal has been placed in the chart for you.
The USDCAD could either rebound or break the trendline and so significantly dip in favour of the CAD. The odds are in favour of the CAD, now that Brussels and Washington push for winding up most trade with Russia as to force it to reconsider its invasion of Ukraine.
EURUSD is creating a bearish flag, price is showing interest at the bottom of this flag, if price breaks to the downside a sell position should be opened. Price an also create a false breakout and continue to touch the top of the bearish flag, will be posting updates on this idea.
Hello, the daily chart shows similarities of Bitcoin moving average price lines. In this case, I think we will enter a bull trend just like at the end of July. The only difference between July and the current situation is that the Stoch RSI lines are not exactly similar.(NOT INVESTMENT ADVICE)
CENN has been on a very long down trend and have finally started to level off. It seems to have found support at $1.20 and resistance at $1.40. Now only that it have strong mac d cross on the 1-4 hour since the 15th. Ever since that sign of a reverse it has been testing the BOLL and IC on ever timeframe up to the daily. Right now it looks to be in price discovery....
As seen from the chart, the market showed a very impulsive move in the last week and it can be anticipated for it to move a bit more and break more structures and convert into short term sell bias, with this impulsive move there are many retail buyers who are willing to go with the momentum but that does not happen all the time, these moves are planned to catch...
I see ETH pushing to 3000 on or around 19th of March, Sell orders are going to fill at 3000, 3500, 4000, and 4500 and every 500 after we can see that most like to sell on that set. So for the shorts sell, I see this going up to 3000, not down to 2500 like most think. I believe market is in recover mode, we got support and now move up. we all knew rate hike was...