My thinking price need to touch monthly support level and cross over trend line only start bull market
we do not over technical analysis , keep everything simple because simply is the best, find the perfect time frame where is the clear picture of price action is happening.
Nothing can go high without solid base or foundation, this strategy apply in financial market as well
we try to predict incoming price base on the past price action, it would be react exact same way as before or may be not :)
one of the popular forex asset moving accordingly trendline support and resistance, not top and bottom support and resistance
price go either way we just look in specific areas to figure out what is going to do next
My simple TA is showing there will be big movement will be happen in USD/CHF
Trend line resistance ok, 50 ema ok, candlestick pattern ok but still waiting for 4hr support trend line break out and pull back and rejection then sell order is confirmed thanks
wait always price action in specific key areas, no one predict which way price will move next
It is my simple technical analysis future of ETH/USD.
it is my personal idea base on my simple TA. when will the bull run really start? please see the answers in the chart according to how price played in the past
Market doesn’t care what we want it does what is it want, we predict only base on the live watching game bear vs bull who gonna win on the spot
Don’t Buy when blood is everywhere on the street it’s old school theory, Buy only when bleeding is over it’s new school solution
No one trust btc price action unless it’s touched previous monthly resistance and it would be big support if traders or investors are waiting or looking on this level before that everything trying to up would be unsustainable or big bull trap in my simple TA
BTC second time tried to push but failed and third time tried again ended up lower high. It is clearly we can see in monthly chart so my simple technical analysis and understanding next price would be under $1500 usd until and unless hit this price BTC won’t gain trust by investors because biggest support level is under 1500$ usd so trade or invest with caution.