MMBTtrader

MMBTtrader

We talked a lot about bitcoin in pervious days and that BTC is getting weaker and weaker near this resistance zone that formed here and is near all time high too for example : and we can see that market is providing bearish candle here and base on Fibonacci level we may have correction here with targets like Targets : A.54000 B.50900 as we can see one of the...

MMBTtrader

We are looking for new target after retest of breakout completed based on fibooancci level on daily chart: and now on this 4 H movement we are looking for target in 2300-2400 $ and after that retest complete we would expect that . some more information about red arrow and red cycles on chart : Red cycles lesson : Red arrow : here is first take profit place...

MMBTtrader

We reach our target in previous analysis and now it is time to make decision on this important Area that is is strong resistance zone . previous analysis : for sure in this bullish market we consider continuation to upside and more pump is expected that is all shown with green path but for now we predict falling more that range or rise on this area that shown...

MMBTtrader Updated 

the green trendline is an important zone and support right now that is still remain and is pumping price but if we have breakout then we would expect falling to down side and targets that we talked about all of them in previous analysis : but for now this movements that are forming may continue and created reversal pattern (Cup and Handle)and price start to fall...

MMBTtrader

we can see that previous falling all respect 0.38% of Fibonacci and horizontal channel created here as we can see and price bounded here after these range zone we usually looking for breakout to the upside and we put our target based on Fibonacci level that is around 50$ USDT some times after horizontal channel trendlines break and trend change (uptrend ---->...

MMBTtrader

new rising trendline created near strong resistance (red rectangle) here we would expect breakout soon or even later two scenarios are now available : First :breakout here and price break red rectangle and pump to targets or Second :price get some correction and falling all way to purple line and then from strong support zone that shown with green rectangle...

MMBTtrader Updated 

History always repeats itself : We are looking for same scenario that happened pervious time and bitcoin had huge correction now any moment we are looking for breakout to the downside and reaching our targets that shown Targets : A. 57000 B. 54500 one important thing after breakout on ascending channel is correction and falling that is needed and this...

MMBTtrader

As we can see we are near important support that is receiving by green trendline and price had great amount of rise every time touch this trendline so for now we can add some more buy position here with tight stop losses and easy targets like Targets: A.1.1800 B.1.1836(+120 pips) if and if price start to fall and break the trendline then we would expect long...

MMBTtrader Updated 

As we can see gold start to fall hard once again beacuse we are still in bearish market for sure until we break 1760 and we talk about the importance of this resistance zone a lot second scenario on our previous analysis completed : and now we are looking for new entry point and here we are near strong support zones one taken from Apr2020 and one other is...

MMBTtrader

As we can see we expect market provide some rest here or again correction and falling by touching resistance that is arriving with pressure of purple trendline, past tow previous time falling was expected and we share analysis about it : we had two red paths shown on chart and why second one considered too? beacuse as you can see Ethereum is really bullish and...

MMBTtrader

We talked about GBPUSD that is getting weaker and weaker in full detailed analysis and explain reasons of expected breakout on daily trendline in previous analysis: now we are looking at this important zone and we can see that support taken from 0.38 of Fibooancci is valid and in next few days we would expect maybe one more touch to this support or rise to...

MMBTtrader

As we can see we expect breaking this sharp ascending channel and some rest here like red paths that shown but the market is strongly bullish after breaking purple trendline and retest that completed (shown on red cycle) and we can expect even new all time high once again and target would be at least 55200 in bullish scenario but as we talked about we are...

MMBTtrader

As we can see we have trendline and Fibonacci level both available here and soon pressure of this support will create new bullish market to our targets : Targets : A. 1.1840 B. 1.1897 C. 1.1940 we expect market rest here on this strong daily support even in our bearish scenarios we respect this support : DISCLAIMER: 1.trade carefully and have stop loss...

MMBTtrader

we expected previous falling with sharing analysis like : and then descending channel formed and we start looking for some short position with the channel that formed and again we expect this descending channel as bullish pattern too and boom breakout and price start to fly (we open some short position with tight and low stop loss beacuse channel breakout was...

MMBTtrader Updated 

Ok two different scenarios explained on chart perfectly one is green path and other red Arrow: Green path: we would expect bullish market after breakout and new channel that is forming considered too and important resistance on way start of this path would be after breaking the local resistance that sown with red rectangle 1720-1730 and targets perfectly shown...

MMBTtrader

We were looking for falling scenarios but there was two important factor that should take look at 1.GU had 600 pips dump and its huge amount and we can expect range zone or even some bull candles soon 2.1.3650 is daily strong support that price got support near that and maybe is able to break purple trendline now so on this analysis we consider both possible...

MMBTtrader

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...

MMBTtrader Updated 

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...