Daily - On a move to form a HL (Since the bullish move was quite Heavy its going to take the market sometime to find a good bearish move) 4H - Market is respecting our 4H pattern until now. Next move is from our LH to LL around 0.47865 price BUT 1H... 1H - BUT looking at the 1H, we could expect some pull back to 0.55 price level before making move to the...
4H - XRP has formed a first LL since October. Market is finally showing some bearish signs + Forming LH at the moment, finding the right resistance we could have a bearish move to 0.52 area or even lower to 0.48
An expected consolidation on 4H. Since market had a massive sellers momentum, for a change of trend or any bull move, a consolidation is expected. Moreover on the chart, On 4H we can catch the LL to LH move. But, for now it is a bit risky to take the buy since on 1H market is failing to breakout. 1H - Market Fails to Make new LL and Rejecting the major key zone...
4H - its been a week that ACAD is looking to form LH and we are at major zone where it could reject the heavy volume of buyer. Our first sign of sellers is on 15m. 15m-Double top + Breakout of the trendline + Break of structure making a LL. Right now waiting for the LL to LH move and take a short. Follow us for more ideas and setups. Sam
4H - expecting rejection either at the current price or the price zone (0.91731) - No bearish signs yet 1H - 2 Bearish engulfings + signs of rejection + Downtrend move, Market finding a LH. Key Elements that is against our bias: 4H - Buyers Volume is quite heavy, we should see if our Resistance Area/Level is strong enough to reject the buyers. Please, Follow...
4H - Market still looking for a stronghold for a HL which haven't found, I do expect more fall for EU respecting the flag Pattern. 1H - is also confirming a drop of EU at the current Keyzone or the next key zone at 1.21758. Entry: Keeping an eye for a sell setup in Minutes timeframes. Will post the updates. Key elements that could go against Us: unexpected...
Descending Channel visible on both 4H and Daily. Market has respected this pattern since mid August. Daily is still on a downtrend and forming a LH. rejection could lead to our bearish setup. BUT 4H is just forming its first HH. Heavy buyers volume at the moment, if sellers don't enter the market soon we could see the breakout of this descending channel. Right...
Daily - Since 24th of November market rejected the 0.88610 zone and moving from HL to forming a possible HH. Our target is to catch a buy in this move. 4H-Break the downtrend structure and now we are at the 0.89958 key zone with market forming a second HL. We already have a bullish engulfing as a confirmation and with more bullish elements we could get our Buy...
Daily is at a good PSY-ZONE to reject the price but the buyers momentum seems quite heavy as well which could break the resistance. 4H is the targeted timeframe- Market is forming HL with 2 bullish engulfing at key zone (1.20946) However, it's still a bit early to take a buy since we could have the market consolidate as drawn before the breakout. Will update...
-As mentioned in the previous analysis, 4H rejected the 1.05630, Looking for the move from LH to at least a Low or a LowerLow. -30m is still making it's move from our new LL to LH. will see which scenario will play out and update accordingly.
Market is forming an LH on Daily, Rejecting the 1.05452 area. same goes to our reading structure timeframe, 4H, Firstly Market rejecting the PSY-Zone at the previous LH showing signs of sellers entering the market. for confirmation we can see 1H is building up a sell setup. breakout of the trendline, next we are looking for break and retest of the support at the...
Looking forward once the market forms a HL to enter, LONG. FOR NOW keeping EA on my watchlist for a short and following our flag pattern. 1H is also forming a LH on a downtrend move. Will update if i find a suitable entry.
Both weekly and Daily are at good PSY-ZONE, will probably look for a rejection. But keeping an eye on 4H Triangle.
Hours Timeframes are all showing Bearish signals. 4H - Break and retest of the trendline. base on the location of the market i believe we could find a good setup on both 1H and 30m 1H - Market on downtrend forming a LH. we have a bearish engulfing at LH. better on waiting for another hour to see how the next candles will do to get more confirmation for a entry....