MukhtarTecnicals

MukhtarTecnicals

Btc is in bearish trend now and testing downward trend line support. Also Head & Shoulder pattern formation is completed. If this Trend line support is respected we can see a bullish momentum otherwise it can depreciate further to Fib 0.786 Support Level.

MukhtarTecnicals

KSMUSDT is testing 5 times respected support. There is also bullish RSI & MACD divergence on BTC 4 hr time frame. If the support is respected again it can go bullish. You can take entry here with mentioned stoploss or wait for closing above of support zone. Happy trading.

MukhtarTecnicals

There is a Tug of war between Bulls and Bears at 0.618 Fib and 4 time respected support level. If this support is broken Bears will be in charge and the price can depreciate further otherwise Bulls can push the price upward.

MukhtarTecnicals

TRADE PLAN: Bears seems to be in charge now. Support level is yet to be tested. If the price gets acceptance from support It can take a corrective move before diving.

MukhtarTecnicals

Rejection from Fib 0.618 level and Historical price level Resistance add to the Previously added points.

MukhtarTecnicals Updated 

TRADE PLAN: CHZUSDT is in strong uptrend for quite a few days. Now it is going to test Price Action and Fib 0.618 Resistance. If its broken the trend can continue and If its not broken we can expect a correction before moving forward.

MukhtarTecnicals

There are multiple points showing bears strength mentioned on the chart. Bears Points: 1. LHLL 2. Bearish Engulfer, 3 black crows 3. Rejection from resistance zone 4. Rejection from trendline Resistance 5. Bearish ABCD Pattern CD leg 6. Almost 3 week of uptrend cycle completed 7. Upward trendline resistance broken 8. RSI divergence Bulls Points: 1. Support at...

MukhtarTecnicals

Bulls Points: 1. HHHL 2. Trendline support 2 respected 3 times 3. MA 100 support respected 4. No divergence on 15 m TF Bears Points: 1. Bearish Divergence 1 hr TF

MukhtarTecnicals

Bulls Points: 1. Minor Upward trend’s High broken 2. Trendline resistance broken 3. No Trend Reversal divergence on RSI Bears Points: 1. Dow LHLL 2. Price is testing Resistance zone 3. Price is testing 100 MA Resistance 4. Price is testing 0.618 Resistance 5. Bearish Bat Pattern Completion Zone 6. Hidden RSI Divergence Indicates Trend Continuation

MukhtarTecnicals Updated 

Bulls Points: 1. HHHL 2. Bullish timecylce yet to complete 3. 100 MA Crosses above 350 MA 4. August is Bullish 2 times Bears Points: 1. Rejection from Trendline resistance 2. Rejection from Fib Res 1.13 3. RSI Div

MukhtarTecnicals

Bulls seems in control at this time frame. Also we can see a bullish momentum in the coming months as the pair is at its two times respected monthly support. But for now follow the trade plan as mentioned on the chart. Happy trading. Entry: 1.20235 SL: 1.19503 TP1: 1.21590 TP2: 1.22790 Bulls Points: 1. Support Respected at 1.20038 2. Also Fib Support 0.5...

MukhtarTecnicals

The coin seems in bullish momentum. Take entry at the retest of trendline support after it's given respect. Entry levels are mentioned on the chart. Maintain your position according to your risk rewards appetite.

MukhtarTecnicals

Wait for break up of accumulated (Strong Resistances) or (wedge weaker Support) Then enter the trade with mentioned breakout levels. Bulls Points: 1. HHHL 2. Double bottom pattern 3. No Divergence Bears Points: 1. Rejection from 4 times respected Resistance 2. Rejection from 0.382 Resistance 3. Rising wedge pattern 4. Rejection 100 moving average 5. Oversold...

MukhtarTecnicals

Price is bouncing in downward channel. Its in the middle of its bounce, Completing CD leg of Bearish Bat Pattern. There are strong Daily, 4 hourly and Fib support at current price level which can push the price upward. Happy trading.

MukhtarTecnicals

TRADE PLAN: Entry 1719.00 SL: 1694.70 TP1: 1756.00 TP2: Ride the Trend with moving stoploss Bulls Points: 1. Bullish Engulfer 2. Bouncing from Fib and Strong support 3. Bouncing from Trendline support 4. Time cycle for downtrend is matured 5. RSI Divergence Bears Points: 1. LHLL 2. At 50 EMA moving average resistance

MukhtarTecnicals

Bulls Points: 1. Bullish RSI divergence 2. Bearish Trend time cycle almost complete Bears Points: 1. LHLL 2. Bearish RSI hidden divergence 3. 6 out of 10 time July Bearish 4. 50 EMA is lower than 300 EMA

MukhtarTecnicals

Points that favor bulls are as under: 1. Falling wedge breakout 2. Bullish Engulfer at support 3. Bullish divergence on RSI Trade levels are mentioned on chart.

MukhtarTecnicals

In Accumulation phase at present. Take profit levels are mentioned.