GBPAUD shows that bulls are active and interested to move price up, also it is testing the trendline. If Price jumps up from the trendline and sustain so one can go long above 1.86100 for the level of 1.8700 which is a resistance area. Good Luck!
Expect a bounce as it has completed AB=CD bullish pattern which confluences major support zone at 152.50-152.60. So one can open long positions with the stops at 152.10. On the upside 153.20 and 153.70 are resistance levels.
SHIB Price is moving and consolidating in a Symmetrical Triangle Pattern for quite some time. So one should wait and watch for breakout level and target the mentioned area. Good Luck
XRP is moving in a triangle. Broke that channel once but the price quickly come back in that zone. so we could see the momentum will continue towards 1.30 followed by 2.0. So one can watch out for the breakout level. Good Luck!
SOLUSDT also took support zone and trendline and bulls are now eyeing an upside towards 245.00. Sentiments are not good but we are expecting a correcting upside move. Use proper money management. Good Luck!
DOTUSDT current corrective move took support from zone and trendline around 37.00. Now bullish sentiments can pull this towards 45.00 followed by 50.00.
BTCUSDT dropped from a key resistance level of 66000 and now moving towards a support zone around 59000. There is also a formation of a parallel channel. To support this argument we can see there is also a formation of Harmonic's pattern AB=CD, projection also lies at the support zone. Now the better strategy is to wait for some key area where bull's sentiments...
AUDNZD is continuously moving in a parallel channel and now it is sustaining on the upper area of the channel. so in terms of price action, we could see a move towards an upside of 1.04500. This could be a test for bulls because there is a strong resistance area.
TRXUSDT current drop reached at support zone where fib level 61.8% and trendline support also lies 0.11300. Now we can target 0.12 level followed by 0.122.
ETHUSDT corrective move reached towards fib level 61.8% support zone around 4300. Now a possibility is Bulls can activate themselves and try to move the price towards 4500, but hold on sentiments are not good for bulls but be there, see the price action and 4200 will be your stop. if it reached 4500 then we will get a new target of around 4700 but it is too early....
CADJPY after formation a double pattern is consolidating bellow 91.00 level. Now we are expecting that bulls will take charge and move the price towards 91.300 where a strong resistance zone and trendline lies. A good entry price could be around 90.700
NZDUSD was moving in a parallel channel for quite some time. Although there was a drop last week, again it came back into that channel. So, now we are expecting a little swing up towards the upper area of the channel 0.7100-0.71350.
MIRUSDT howeing around trendline support. It is already losing momentum and it is shifting towards bears. But if respect this support it could go up towards 3.50 level and on the other hand if price drop it can go towards 2.5 level so watch carefully.
ADAUSDT has given a breakout and retested it. Bulls look dominant because price bounces from fib level 61.8% at 1.81. So we can expect the dominance of bulls will last for some time then they can move this price towards a 2.70 Level. Otherwise, it can slip towards the 1.40 level. Good Luck!
DOT is dropped from 50.00 and took support from a trendline near 50% of this corrective move. But it seems bulls are still in the game and they will be interested to move up the price if it continues it can again retest the 55 mark. on the flip side, the door will be towards the 30.00.
OXT is moving in a channel and making HH and HL. Once hit the 0.78 level and dropped, it took the support from 61.8% fib level and trendline. So now we could see a strong movement towards upside or even a new high. after breaking the 0.79 level.
LINKUSDT is moving in a triangle and it is continuously shrinking. so we could see an upward movement towards 36.00 level as it is living around a support zone with a stop loss of 32.90. Bellow 32.00 level we could see a sell of towards 30.00. Good Luck!
*On time cycles, bears exhausted after 12 and 16th sessions. Today the pair is into 15th session. Based on characteristics of cycles we can expect bulls to take a peek on 16th session again. *The Rsi magnitude displaying weakness of this pair is about to end. *With DXY heading towards topside trend line resistance, this pair is about to test descending trend line...
