As we can see we expect rise after this range zone that shown with purple horizontal channel and to our targets and this range make gold stronger if we have breakout on channel higher side and why ? beacuse so many sellers now are setting their stop loss near 1740-1750 and channel upper side and if breakout happen then this stop losses will pump price to targets...
We talked about descending channels and ascending channels importance and we share educational post about them on Ethereum and calculate the previous fall too : now Bitcoin once again is creating descending channel and the question here is this that if breakout happen what is expected target and why ? for sure one important thing needed for rise is breakout and...
AS we can see and we talked about it we would expect breakout of Red trendline near price 58K and that would be valid breakout after retest and then bullish market like Green path , else market strong resistance is still valid and the pressure provided by Red trendline dump price to new targets and lower price as shown with red path . Targets : A. 54200 B....
As we can see simple and easy after huge fall on EURGBP now near daily support we have breakout of trendline and now price is retesting this breakout near support zone and expected path is green path with targets that shown : Targets : A. 0.8636 B. 0.8717 Red path :this falling scenario is valid if this support zone that shown with green rectangle break and...
we expected this previous huge falling from 220 and the highest price available: then we talked about H & S that was forming : and now here market had great correction and is near strong support zone(green rectangle) we would expect some range or even bull candle and if price go above the descending channel then some pump as shown with green path else in...
As we can see we are near strong resistance and pressure of trendline we talked about the strength of this trendline before and price react well when is facing this resistance : so what is expected here after facing strong resistance is red Arrow to continue and market to rest here and reaching target:51000 But this important structure is bullish structure and...
Weakness of XRPUSD is shown near one major resistance here and two times price start to break that but was not successful we talked about XRPUSD high potential of pumping before and got about 25% profit : but for now some range or falling is needed at least Red path: is expected here and targets shown on chart Targets : A. 0.52 B. 0.48 Green path : if and...
as we can see on this important zone we would expect some rest for bitcoin after breaking strong uptrend trendline and we put our targets based on fibooancci retracement levels : Targets : A. 55000 B. 52600 rest like what we had on LTCUSD: Green path :if and if price pump and reach to previous all time high and broke that after retest we would expect target...
As we can see here is an important zone for GBPUSD GU start week with gap to downside and now full that gap too and this gap actully was breakout but for sure due to low volume these happenings are not valid yet maybe we have fake breakout like last time or price broke green line support and fall to our bearish scenario targets . Green path : if price get back...
Two scenarios are expected here and both are bearish that shown with red paths 1.falling from red line that is previous support and now turn resistance and we can expect falling from 58K and now 2.falling from strong resistance by touching trendline again and from 59K Targets : A. 55800 B. 53700 Notice : Green trendline shown is an strong support here...
Ascending channel as it shown is an uptrend pattern but when we look at the chart we can see that ALGOUSDT had huge fall and this uptrend is kind of weak gain or rest and soon after breakout we would expect more fall and targets that shown Targets: A. 1.17 B. 1.04 here is descending channel shown and we use it successfully previous time completely different...
We talked about ETHUSD falling and head and shoulder that formed a lot and finally it happened and correction continue as expected : now on this update we are discussing about different scenarios possible . Red path :we expect that price have some range here and after that continuation of correction and falling to the targets. Targets : A.1540 B.1440 Green...
we talked about GBPUSD range zone and huge fall after that was expected and we opened good short positions on this range zone: now the price fall and rest near daily support and as we can see is retesting previous support that lost and now we would expect this black line as a resistance and open some more short there but market is so bearish and falling would...
As we talked about head and shoulder created and some bearish candle appear and was nice profit : but for now market is retesting broken neckline and after that huge and major fall is coming for ETHUSD but if and if retest get completed and then red path will continue to the targets Targets : A. 1650 B. 1610 C. 1540 Green path :if price pump above red line...
we got nice profit on previous signal on GBPUSD I just enjoy when see entry and take profit that both is in perfect place possible and we talked about GBPUSD weakness many times before even on previous analysis we mention that range area will soon provide more bearish candle : but for now and after this huge fall we can set buy position on best place available...
previous fall expected shown by black arrow : Red Arrow : we expect red arrow completed soon and we reach our targets in this short-term scenario Targets : A.185 B.172 Why more fall? 1.creation of head and shoulder 2.range after huge fall and ready for new dump DISCLAIMER: 1.trade carefully and have stop loss for sure 2.Past performance is not indicative of...
As we can see we are near strong daily support : and we have valid trendline shown with green line and pressure of buy is obvious each time this trendline touched before so we set buy position on this trendline and bearish market to show two things: 1.for sure market need some rest here 2.market respect major and important daily support as we talked about it...
As we can see and we talked about BTCUSD ,its just beginning of correction and we would expect more correction and fall all way to our targets that based on Fibonacci levels and strong support Targets : A. 54000 B. 52500 C. 50400 Blue arrow :previous analysis : Red path : is what expected but we should consider this that price can easily fall from...