JackyTong96

JackyTong96

Recall for the last analysis on Bitcoin: Expect the price to retest the daily supply zone and reject it. From the Technical Perspective: 1. From the Monthly perspective, Bitcoin has created a huge impulse to the upside without any proper retracement, we can expect a deeper retracement to at least 38.2 Fibonacci Retracement, once the market become bearish...

JackyTong96

From the Technical Perspective: 1. From the Monthly perspective, LTC/USD currently is break above the major level of resistance (228.21), but the Monthly candle haven't close yet, we will be waiting the candle close after 2 days, then only can confirm the direction. If close above the resistance area, bullish confirmation, vice versa. 2. From the Weekly...

JackyTong96

From the Technical Perspective: 1. From the Monthly perspective, EOS was rejected from the major level of supply zone (8.597), expecting a continuation to the downside. 2. From the Weekly perspective, EOS created an impulse to the downside with a retracement, we can expect a continuation to the downside. 3. From the Daily perspective, EOS is approaching the...

JackyTong96

From the Technical Perspective: 1. From the Monthly perspective, LINK/USD was created an overextended W formation, expecting a deeper retracement to the neckline of the W (represent as dot line 45.84448 in chart),once the market turn to the bearish market. 2. From the Weekly perspective, LINK/USD created an impulse to the upside followed by a correction. We can...

JackyTong96

From the Technical Perspective: 1. From the Monthly perspective, BCH was created a huge impulse to the upside and approaching to the major level of supply level on the Monthly perspective (represent as dot line 1347.88 in chart), expecting the last move to the upside before the continuation to downside. 2. From the Weekly perspective, BCH created an impulse to...

JackyTong96

From the Technical Perspective: 1. From the Monthly perspective, ETH was created a huge impulse to the upside without any proper retracement, we can expect a deeper retracement to at least 38.2 Fibonacci Retracement (represent as dot line, 1778.35 in chart), once the market become bearish market. 2. From the Weekly perspective, overall view is quite similar...

JackyTong96

From the Technical Perspective: 1. From the Monthly perspective, Bitcoin was created a huge impulse to the upside without any proper retracement, we can expect a deeper retracement to at least 38.2 Fibonacci Retracement (represent as dot line in chart), once the market become bearish market. 2. From the Weekly perspective, Bitcoin already retested the neckline...

JackyTong96

From the technical view: 1. From the Monthly perspective, price created a huge impulse to the upside without any retracement, we can expect a huge retracement to at least 38.2 FIB Retracement (Second Dot Line) on the monthly timeframe soon, since the market always move in waves instead of a straight line. 2. From the Weekly perspective, price was created a...

JackyTong96

From the technical view: 1. From the Monthly perspective, price already sitting inside the major resistance and create a big W pattern, we may see a huge downside movement of EURUSD to retest the neckline of W pattern (dot line). 2. From the Weekly perspective, price was broke the major support level, more confirmation for the downside movement. 3. From the...

JackyTong96

From the technical view: 1. From the Monthly perspective, price already sitting inside the major resistance, we may see a short term downside movement of AUDUSD from this level. 2. From the Weekly perspective, price created a HNS pattern and the situation is correlated well with Monthly view, more confirmation for the downside movement. 3. From the Daily...

JackyTong96

From the technical view: 1. From the Monthly and Weekly perspective, the price created an impulse to the upside without any proper retracement, and now we can expect a deeper retracement to the downside from the longer term perspective. 2. From the Daily perspective, price seem like created a W Pattern, we can expect the price go and retest the "head of W"...

JackyTong96

From the technical view: 1. From the Monthly perspective, the price created an impulse to the upside with the proper retracement, and now it continue create a new impulse to the upside. continue the bullish market from the longer term perspective. 2. From the Weekly perspective, we have clear impulse to the upside, follow by a proper retracement, now we can...

JackyTong96

From the technical view: 1. From the Monthly perspective, the price created an impulse to the upside with the proper retracement, and now we can expect another impulse to the upside, but this is for more long term's views. 2. From the Weekly perspective, we have more than one bearish structure on the weekly timeframe, which is the LH and LL formation. Short...

JackyTong96

From the technical view: 1. From the Monthly perspective, CHFJPY is inside the strong monthly supply area, moving to the downside is expected. 2. From the Weekly perspective, the situation is correlated with Monthly view, more confirmation for the downside movement. 3. From the Daily perspective, the price created an HNS pattern; by combining 3 higher...

JackyTong96

From my previous analysis on GOLD, I said we need to wait the proper break through on the strong support level then only can look for the short opportunity even the price already broke below the CTL, and now the price exactly break the strong level of the support, is time to looking for the potential short opportunity on the GOLD. From the technical view: 1....

JackyTong96

From the technical view: 1. From the Monthly perspective, overall trend is bearish but the price rejected from the major support area which keep rejecting from the same area according to the historical price , so we might see a minor bullish pressure before it continue move to the downside. 2. From the Weekly perspective, the situation is almost same as the...

JackyTong96

From the technical view: 1. From the Monthly perspective, the price rejected from the major resistance area , so we might see a minor bearish pressure before it continue move to the upside, since it was created a huge impulse to the upside followed by a correction at the moment. 2. From the Weekly perspective, price created an impulse to the downside with a...

JackyTong96

From the technical view: 1. From the Monthly and Weekly perspective, the price reached the major resistance area , so we can expect price will reject it and start to move to the downside. 2. From the Daily perspective, price created a W pattern, thus we can expect a move to the downside at least to the neckline of the W. From the fundamental view: 1. Big...