Bitcoin have be bullish in a long run, and still expecting more bullish momentum as new buyers come in.. But due to the over extended move of bitcoin, many according to human think will start selling off their bitcoin with the understanding of the fact that bitcoin bullish run has be over extended which will cause a little or long retracement before bitcoin have...
Please like and comment below Price is currently heading towards a support zone which is also at the 50%Fibonacci level. This zone has been tested multiple times in the past. Price is expected to buy from the support. We could have a AB=CD pattern
Waiting for the pull back to buy on the retest of the support level
Price is currently retesting a resistance level which is also the 50% Fibonacci level. Price has is about to complete the 5th wave
A flow of highs/lows has consistently being formed from the 1.97000 psych region towards the downside, we can look at current price action as a retracement (lower high) pattern formed which has bounced and tapped our downside trendline in confluence with wick rejections around the fib regions. A new leg could be formed and the price could be heading towards...
Price has pulled up to a resistance level and is in line with the 50 Fibonacci level. Price could give use a potential AB=CD pattern
Counter trendline broken. Breakout and retest. Minor corrective structure broken.
We expect price to jump up 1.08400 after retracement in 1.07800
Price has broken a trend line and is retesting it which is in line with a support and 50 Fibonacci level
The dollar has been gaining some strength therefore we can expect a move to the upside on USDCAD
Price is currently on an uptrend. We expect price to pullback for the next rally to the upside
Price has broken a trend line and key support zone. Waiting for a pull back to continue the sell
Price is forming a head and shoulders pattern. we have to wait for a break of the resistance zone and a retest as a confirmation for the sell
Overall LONG trend on the pair that needs to be supported by a short-term sell for the rally to continue to the upside. Market printed a 'W' formation on the Weekly and the SHORT is based on the retracement to the neckline of the structure. Confluence is further supported by an increase in LONG contracts of Hedge funds in Canadian Dollar, strengthening CAD...