We have a clear uptrend on all lower term time frames below a 4 hour, with a slight pull back that looks like it is finding some support. First take profit zone is marked and let the rest ride based of future price action.
Price has broken above and is currently retesting a significant support/resistance zone and is in a clear uptrend on the 4 HR time frame. As always wait for confirmation to enter & manage your risk accordingly!!
Well we are STILL in a down trend on the weekly time frame BUT we are at a very significant level right now. If bitcoin can get above the previous swing high at 10,500 that will put us into uptrend territory. After passing 11,500 on a closing weekly basis it will be highly likely that we revisit all time highs and that is where things will get exciting. As for...
Small pull back and support on previous highs, if it holds this area more upside is likely. First take Profit is at the previous swing high
Price has been consolidating between my blue boxes since mid April, it has bounced off of the bottom blue box again and broken a horizontal support and has come down to retest it. If this support holds I would target the previous swing high as my first target and if it breaks that level my next target would be in the 1.81040 range
Plain and simple, we are in a down trend on the 4HR time frame and just had a pull back to a significant horizontal resistance zone. This area lines up with the .618 fib from the last swing high and the 55 EMA, so lots of confluence in this area. As always my first target is the previous swing low, but always pay attention to price action and manage your risk!
on March 12 NZDUSD broke a major support level that was tested several times, here we are two months later and finally re testing that zone. Potential entry on the upper blue box and the lower blue box is my target! -Nick
Price has come back up and is now testing a key resistance area (blue box) with bearish divergence on the 4 HR and has confirmed a top on the 1 HR time frame. a conservative first Take Profit area of 117.750 & 117.050 as a 2nd Take profit area. As always wait for confirmation and manage your risk accordingly.
Price has just broken out and confirmed above a month long consolidation. I am looking for price to come down to my blue box 66.000 range and start rejecting away, if it confirms as a rejection of this area enter a long and my take profit level is 69.200