Yesterday, I was post about the potential for Bitcoin climbing up after it breaks out the EMA 21,34 & 55. Today, the market did try to breakout the Resistance Line from Symmetrical Triangle, but the problem is, it still couldn't break the Resistance yet. And now it's kinda forming a Shooting Star Candlestick Pattern with a confirmation on the next candle, perhaps...
Based on what we see, Ethereum is forming an Ascending Triangle Pattern in 4H Timeframe. Could be good for Bullish, because the pattern usually for Bullish Reversal or Bullish Continuation. The EMA 21,34 and 55 shows a good sign that Buyer are start kicking in, we still need a confirmation close above the Resistance Line before the rally continue. Also be aware...
Right now Bitcoin is starting to bounceback again after it retesting the Support Line on the Symmetrical Triangle. Not only that, Bitcoin manage to close above the EMA 55 in 4 Hours Timeframe, but it still need to confirm by consolidating above this level so the EMA 21 & 34 could cross the EMA 55. Disclaimer: This content is not a Financial Advise.
On this Technical Analysis, I would like to share my opinion on XRP movement. I think, the market already bottoming since the price is starting show us a higher low sequence, although we still need a confirmation on the Higher High, and perhaps we are in the Ascending Triangle Pattern which means good for us because it's a Bullish Pattern. A clear breakout on...
Based on my analysis a couple days ago, I shared that Bitcoin price might be forming a Double Bottom pattern. Based on today's movement we might see Double Bottom is in a play, since it's also breakout the Trendline on H4 Timeframe. Bitcoin needs to retest the EMA 21,34,55 before it can confirm its upside momentum. Disclaimer: This content is not a Financial Advise.
On this technical analysis, you will see that XRP is potential reach the end of the C Wave from ABC Correction Wave of Elliot Wave. So if this is true, then we need a confirmation on higher low sequence before it's continuing the recent uptrend. The good news is, the probability for it has been increase since we are close above the 0,618 Fibonacci and it's start...
Based on my Technical Analysis on 20th May 2021. BTCUSD already retesting the level of Resistance and also the level of Support. Saat ini BTC berpotensi bergerak sideways dan mencoba retest level $38.500. Berdasarkan Timeframe H4 kita menemukan adanya Three River Morningstar yang berpotensi menjadi pemicu masuknya Buyer pada kisaran level $33.000. Yang perlu...
Based on 4-Hours Movement. XRP already confirm the breakout on Descending Broadening Wedge Pattern and Symmetrical Triangle Pattern. However on the Daily Timeframe, we could possibly see that XRP will be hold below the Symmetrical Triangle Resistance Line. If today's close on XRP above the Resistance Line, we could see XRP will re-testing the previous recent high...
XRP/USDT Showing a massive bull candle and just closed above the Resistance Line on Downtrend Channel since 11th May 2021. Also need to pay attention on Fibonacci Retracement 61,8%. If, XRPUSDT closed below that level, it seems we would see another correction. But, if the price can close above that level today, we might see XRP/USDT continue rally on the next movement.
USDJPY already breaks the Triangle, we might have possibility for USDJPY to drop more and therefore I'm looking forward to use this moment to make some profits. Hopefully it drops and hit my TP :) Cheers!!
Buyers in control, USDJPY will go up sooner or later. I Buy this market and expecting higher price in USDJPY. GOOD LUCK and HAPPY PROFITS !! :)
As you can see, the last time Big Boys entry to breakout the Support was quiet strong. Last night, the market try to retest the Big Boys, but the momentum of the Buyers are start to fading and create a Descending Triangle pattern, therefore Short for make money is the best way :) Good luck and happy profits !! :)
USDJPY Confirmed the Double Top Pattern, and the Support Line from the minor uptrend already breakout with a confirmation re-test. I think it's best for us to follow the Big Boys to continue the Downtrend. Short for make money :) Good luck and have a nice profits !! :)
I saw a minor downtrend in lower time frame, and after the breakout happened in the last Support, I took the opportunity to Short it. Right now, I'm shorting EURUSD with Target around @1.2230 with Stop Loss @1.2360. Good luck and happy trading ! :)
Head and Shoulder formed in AUDUSD. After last week retest Resistance in the Neckline, I took a Short position and still holding it till now, but I think I'm going to clear it out if the Support around 0.7635 still hold and keep this pair to consolidate around the Neckline Resistance and Support level. Hopefully this analysis helpful, if it does please help me...
Gold was drop about $10 in the Friday's session last week. This probably is the testing phase for Support level around 1273. The last breach in Gold happened in around $1281 with a recent low at $1273, so I think this area could become a good support level. I still have believe that Gold could be up in any moment if $1273 holds as the new Support...
From last day closed price, we can see that Gold was create a new high area from the past 2 weeks. The Double Bottom pattern, that we recognized about a week ago could give an indication for the bottom of the correction. The price keeps bouncing every time it touched the 61.8% Fibo. From this information and a little bit confirmation, I took a long position in...