Since the second half of December up until recently there has been a big surge in the price of BTCUSD that could have started an uptrend. After a retracement last week the trend might continue upwards. A position is included if you're wondering how to trade it. Good luck!
After a recent rally, BTCUSD could make a retracement and with it form/finish an inverse head and shoulders pattern.
BTCUSD is still in a downtrend which means that it most likely still hasn't bottomed yet. After the rally lately(which formed a retracement) it is very likely to continue the downtrend in the near future. Btw I highly recommend not to daytrade(or swingtrade) cryptocurrencies.
A small pullback can happen Be careful the trend is still bearish and will probably continue (in the longer term)
Possible pullback can happen especially after the drop yesterday Be careful the trend is still bearish
A retracement has started in EURUSD(in a downtrend) which means that we might be bullish on the intraday charts for a couple of days
Very similar to GBPUSD, the price might go higher today since it hasn't confirmed yet that it won't. There could be a little pullback before that, it's worth to wait a while to get a better entry.
We're in a retracement of a downtrend right now. The price hasn't yet confirmed a turn back to the direction of the trend so it most likely will continue going up today.
EURUSD possible pullback EURUSD has been falling for a while now which created the possibility for a retracement If the price makes a revearsal pattern that might be a good opportunity to buy
GBPUSD to have a pullback There has been a big move to the downside lately which created the possibility for a pullback If we see the price making a revearsal pattern that could be an opportunity to buy
Not too much action expected today The uptrend is weak but still intact, if the 1.154 support holds we might see newer highs in the longer term Today we might only have small movements of the price, I personally expect a sideways market this session with the price ranging inbetween the 1.154 and 1.158 levels
Possible lower high forming There is an uptrend currently but according to the momentum indicators that might change soon The trend is weakening and if the current swing won't make newer highs that could indicate the start of a downtrend