Looking at the price we can see, that it has stopped at a line that is acting as both major support and major resistance area. We are looking for a simple trade setup here. Waiting for a bounce in the bullish direction and waiting for the confirmation before the price heads higher. We wish you good luck with your trading!
After a huge bullish move that the price made in the recent weeks, we have seen a major correction in the bearish side. Now that the corrective move is in our minds formed halfway, we can expect it to take the formation of a zig-zag corrective pattern. The last leg of the C wave should finish at the end of the A wave, where we can also see a confluence of the...
As we have predicted the price has formed a bullish correction at the support line. When the correction ends we expect another bearish move to happen. We do believe that the support line is not strong enough to suppress the bears, hence we expect the price to end the Elliott five wave structure beneath it. We wish you good luck with your trading!
As we predicted in our previous analysis, the price made a bullish bounce off the support line. It has now stopped at a strong resistance area. The support and resistance lines are forming an ascending triangle formation. As it is a corrective structure, we are expecting an impulsive move at the breakout. Before the breakout happens we are expecting another short...
As we have said in our previous Amazon analysis, we still expect the price to form a five wave bullish formation. We believe, that the impulsive wave noted with number 3, is going to start soon, as the yellow indicated line is acting as support for bullish bounces. We wish you good luck with your trading!
The price has been in a very strong bullish movement overall for quite some time. It has formed an ascending channel formation. We do believe that the price will reverse back to the support line and then move back to the resistance line. The price might make a breakout there. We will wait for confirmation. We wish you good luck with your trading!
The price just hit the falling resistance the line, that is the upper line of a descending triangle formation on the daily timeframe. As it is strong resistance and the pattern is not finished yet, we are expecting the price to make a bearish bounce off the resistance line. We wish you good luck with your trading!
Bitcoin has surpassed all of our expectations for the future movement with a huge impulsive bullish wave. As the movement was very aggressive, and the price has climbed out of the hole that it dug out at the beginning of this year, we believe that the bulls are actually strong enough to force at least one more bullish move after the sideways correction that we are...
Looking at the chart we can see that the price is in a strong bearish wave. It has just touched the previous support and resistance line. Our team believes that the price will break through the middle line, but a bullish correction should happen soon. Then the price should continue moving in a bearish direction until the lower support line. We wish you good...
After having been in a quite strong bearish trend for some time now, the price has touched a very strong support line. Looking at the higher time frame we can see that it has never been surpassed yet. We believe that the price will bounce from the support line. We wish you good luck with your trading!
The price has stopped its bullish movement and is now moving in the sideways direction. We believe that it is just a short break before the price will go higher. A smaller bearish move to the support line could occur before that. We wish you good luck with your trading!
Looking at the price chart we can see, that it made a bearish bounce off the previous indicated support and resistance line. We are expecting the price to move further in the bearish direction. Before that, another bounce off the line could occur. We wish you good luck with your trading!
The price has been in a overall bearish trend with strong bullish corrections for some time now. If the trend continues we are in a expectation of a bullish correction soon. But we believe that before correction price should get a little lower, probably somewhere near resistance line. We wish you good luck with your trading!
The price is in a bullish trend, as it is bouncing off the same line, which acts as a support. We do believe that the bullish trend will continue. The price may touch the support line again before heading higher. We wish you good luck with your trading!
Looking at the chart we can see that the price has been making bullish moves with smaller bearish corrections. In such a situation we can expect the price to either reverse as it hits support line or bounces back up. Our team believes that the two bullish candles indicate that the price will again bounce from the support line and move higher. We wish you good...
As we described in our previous analysis on this pair, the price broke through the resistance line in a bullish direction. The move was very strong and a bearish correction has already started. After that, we are looking for another bullish move. We wish you good luck with your trading!
As we have predicted in our previous analysis, the price made a bullish bounce off the indicated support line. As the price movement was quite sharp and impulsive, we do expect a bearish correction to form. After that, we are looking for the price to go even higher. We wish you good luck with your trading!
Looking at the price movement, we can see that it has been moving in the bullish direction as it bounced off the indicated support line. It is now making a bearish move towards that support line. We are looking for a bullish bounce once it hits it. We wish you good luck with your trading!