Agink

Agink

long term trend direction will be confirmed by the current trend momentum. our focus should be on trading what is currently visible based on pattern and price action. like and follow for more analysis.

Agink

analysis are based on patterns, from experience trading we can draft various ideas based on setup formation. FOLLOW FOR MORE FREE SETUPS/ANALYSIS'S.

Agink

follow for more free swing analysis.

Agink

"Like for updates and more free simple setups" We had a good bullish momentum, a consolidation could also indicate the momentum is fading and the bears might soon take over. If the pair fails to break the previous high, we could see bearish momentum begin. expected level target : 109.9 - 109.2

Agink

Follow for free clear setups The second shoulder formed, let us wait for the downside movement.

Agink

Follow and like for more free analysis all the information is displayed in the chart, i keep information simple on the chart for easy understanding withouting going through the description box.

Agink

Like and follow for more free analysis. The trend lines and parallel channel are showing a possible Head and shoulder pattern on the pair. this could be a good swing, if the analysis is valid.

Agink

Follow and like for more free analysis. the expected momentum was not strong enough to reach the resistance level, a decline was seen before. let us continue monitoring for buy updates.

Agink

The analysis seen above is classified as an ünlikely outcome' but possible in the world of trading, patterns are the things we use to form analysis and the pattern i saw led to the analysis above. how many of you saw a similar setup at some point. Comment with your view on bitcoin on the daily or lower time frame.

Agink

The pair still has bullish allowance, a close above the resistance level could mean more bullish potential. we are monitoring the pair closely, a rejection on the resistance level confirms our short trade.

Agink

throughout from the 3rd and 4th quarter, the pair has respected the parallel channel. The pair has traded within, rejecting breakouts from the support line,we expect another rejection on the support with a false breakout. Our expected entry will be around 1.259 - 1.256, remember we take entry once we have seen multiple rejections on smaller time frames....

Agink

Dominant bias is bearish in my view, expecting a bull momentum before the bears can takeover. The pullback can reach 1900.00 area, i advise you to apply risk management at all times. patiently monitor the pullback or trade the expected rise also while waiting for the possible bearish movement.

Agink

swing analysis As indicated on the chart, to best profit from the pair you have to monitor it and see if the highlighted levels hold. remember to always apply risk management when trading.

Agink

downside movement is limited, while the upside potential is not. begin looking for buy entries while applying money management. capital is at risk. you can place a pending order at 19597.3 and SL will be limited by your money management. buy limit between 18767 - 18333

Agink

creating a new analysis on bitcoin, this time we looking at it from a higher timeframe.

Agink

based on previous attempts, the resistance level didn't break. failure to break again will allow for bears to dominate.

Agink

on the weekly time frame, we can see that the pair is consolidating between the 1.339-1.302. the break out will be the best swing trade. if the minor support created using the rectangle shape holds its best to buy with your SL at ; 1.309 if the minor support breaks, the bullish expectation is invalid.

Agink

we are currently on level 2 rise, a retest should be seen towards the support area at 11718 or close to it. that would be a good entry for the buy, remember we only buy once we have seen rejections and bullish momentum taking place..