MMBTtrader

MMBTtrader

Here we can see Symmetrical triangle that formed and after breakout we should decide, because symmetrical triangles are not bullish or bearish pattern so break out for sure is needed But we are near strong resistance zone and touching higher side so we would expect more range or even fall here . and then again maybe after reaching triangle lower side maybe even...

MMBTtrader Updated 

The price start to pump and break previous resistance that we mentioned and get Bullish and now targets reached : and now strong resistance zone ahead why? why we are looking for correction near this red rectangle? the reason perfectly shown on chart above and what is that ? 1.strong trendline that is touching 2.local resistance zone here <> Notice: this...

MMBTtrader

Before starting lets take look at previous analysis that all target reached : Now we are looking for some correction here or near 1.56 that is 0.61% of Fibooancci retreatment level too . and market for sure need some range at least or even falling from these area . we have same scenario on bitcoin and ... too . Notice : if and only if price manage to break...

MMBTtrader

lets take it easy AS we explained all things in previous analysis : we are waiting for breaking this green trendline that is strong support and each time touched lead the price to pump but that s enough for now and we may expect breaking this support zone soon and retest previous resistance like 1755 that is now strong support zone so we are looking for these...

MMBTtrader

Why we are looking for short position around here what is the reason? lets take look at weekly analysis that target reached in next week : and this is first reason that market around 2600 may receive some correction . and if price start to face correction around 2550 that is now then we may expect creation of head and shoulder on daily chart(the major head and...

MMBTtrader Updated 

As we talked about it ,the bitcoin break falling trendline and start to pump from zone that we expected : now one important thing here is this that price is receiving and reaching resistance zones one after each other but maybe we have some littlie correction here and then again pump to our Bullish scenario targets . Targets : A. 54600 B. 56600 C. ...

MMBTtrader Updated 

Before answering this question lets take look at previous analysis : First wave that price see correction and that was expected : Second wave that price see correction and that was expected too: and now here we are reaching support zones after each other so maybe some range or even this time some bull candle arrived but the question is this that how to...

MMBTtrader

As we can see important support and resistance zone mentioned on chart with Red lines : resistances ahead Green lines :supports ahead now we have some kind of Symmetrical triangle that formed and we had breakout to upside so we may have rise after this breakout and for retest we can look for support around 1.3860 and start of rise from that area too. Targets...

MMBTtrader

As we can see strong support is here too that is <> but for conformation of completing double top that formed and starting of correction this trendline should break and after that to the targets that mentioned with Red path. As we talked about this range or correction here is needed and we explain reason : Notice : if support remain valid then we may expect...

MMBTtrader

As we can see and we talked about it ,resistance zone broke and rise is expected after that but considering this that market is not well now and it is kind of bearish is good reason for looking at best possible entry and not huge amount of profit (reasonable and reachable targets like red lines for example ). Targets : A. 0.30$ B. 0.33$ Notice :and best entry...

MMBTtrader

here is valid channel that formed on 4H and we just touch support and lower channel side and rise is expected now : And in lower time frames that we re watching right now we had some how creation of double bottom that is reversal pattern and we would expect rise after breaking neckline Notice :price broke neckline and fist green line is expected but if it fall...

MMBTtrader

Correction end at place that we expected : and maybe even price is in range zone like blue rectangle and soon pump will started and new all-time-high why not ? But important thing here is this that when we see daily time frame we can see strong reversal pattern that is forming and if and if neckline of this double top break huge falling is expected as we can...

MMBTtrader

As we talked about it this area was strong support zone and last support left for xrpusd and with correction of bitcoin this support touched on xrpusd too and market is gaining strength for a little rise on price . channel lower side and support of 1$ touched and we may expect rise to the targets that green path is mentioning on chart. Notice :now price is near...

MMBTtrader

We expect this bearish market for bitcoin and .... when we saw weakness of market on last hours that bulls were running: and correction and falling started in somehow all of market for now DOGEUSDT is not looking good and the reason is this that : 1.one time price try to break 0.61% of Fibonacci level 2.previous support zones now become resistance 3.new...

MMBTtrader Updated 

AS we can see market after this huge rise that had start to show some weakness usually when we miss to open short position on this kind of situation we can set Fibonacci retracement level and start opening our short positions near 0.61 or 0.5 % of Fibonacci and the reason we are looking for these levels not 0.38 % is strength of bullish market that we had . so...

MMBTtrader

AS we can see gold respect this 50MA for long time and now after huge rise that was expected : we may receive correction now and retest breakout of 1740 that was strong support zone and then once again try to break 50MA and continue to rise we had false breakout at 5 NOV and this time maybe again false breakout here so we should consider bearish market these...

MMBTtrader

as we can see near strong daily and weekly resistance GBPJPY is forming reversal pattern and maybe here this strong rise end and some correction or more range arrived green lines and targets we are looking for : if the falling and correction started we may reach 142.35 that was strong daily resistance zone and now is support and is 0.38% level of Fibo as we...

MMBTtrader Updated 

AS we can see and is obvious I try to separate previous corrections after reaching ATH . and lets take look at it and see what is going on on daily charts . Notice: each time that new ATH found we separate rise and correction with different colors first wave that separated with red rectangles and is left chart : new ATH(all time high) found on 21 Feb and price...