We await a third touch on that 1 hour flag then we can take a risk entry on it.
Price has broken the descending channel impilsively and is currently in a correction. Theres a 1,2,3 touch in the correction. We are currently at the third touch.We make entry after a 1 hour flag forms. at the break we shall make a reduced risk entry.
This pair closed the week bearish with an impulse meaning bears are in control. We might see a head and shoulder pattern form on the h4 in which we will make an entry at close below neckline. Goodluck in your trades.
Price is at a a key level and considering the hype and positive reviews, we all know Zcash will definitely increase in price. From a technical analysis point of view, the first price target will be the top of the ascending channel with a possible continuation to the previous supply zone after which we might see price slowly dwindle down to form new lower lows. ...
We can see price was rejected off the supply zone with strong bearish pressure. We are also in a price correction phase. Liquidity was taken already and now we are awaiting a strong/consistent move to the former lows in the demand zone. Leave a like ,a buck or a suggestion of a currency i should analyze next. Stay Winning.
Price has breached the first major supply zone both off the daily and the H1. We expect price to move to the next zone which is 20,000 which is our next key supply zone. Price will definitely close above 17,000 with all the media hype ,more people will buy and invest in BTC causing a major rally in price. So for now we look for buys only until 20,000 price level...
this trade is at a key demand level. Smart money has taken liquidity. Double bottom formed off the daily and hourly. Take this trade with confidence. stops below the previous low off the h1 and h4. Comment like or leave a query i will answer.
Price approached our demand zone in a corrective manner and hence we expect to see an impulsive move to the upside. if the top of the channel is broken, we go long about 10 pips above channel breach. We might have a slight pull back before the actual move so its best to get confirmation for no reversals back to the demand zone before entering the trade.