Hello guys, I want to share my idea of why we do expect a powerful bounce from 41-42k level. and why it is a good idea to put a long order at these prices: 1. there is 50 day Moving average at here which acted as a very strong support during the bullrun. 2. This is Fibonacci golden ratio here. that's right here is 1.618 Fibonacci level which is a very strong...
I'll wait for a confirmation to open a long tarde on Bitcoin based on the breakout from this symmetrical triangle in the continuation of the main trend. the profit target is below 50k psychological resistance level
Hello guys, If you missed the train of Bitcoin I think somewhere between 41.2 and 40 will be good for entering the market (the yellow zone on the chart) I think there will be many buy orders there, That's demand zone.
BTC.D bounced from 62 level and It seems that the local bearish trend is reversing so we might see some red days for altcoins and IF BTC.D rejects from 66 resistance level, then it may fomrs the right soulder of this head and shoulder pattern further. After breaking down the neckline of course we will see huge alt season in crypto again
Bitcoin broke out from this falling wedge pattern, retesting the broken downtrend line as support and an engulfing pattern on 1h confirmed the breakout, MY stop loss is below the previous low and the my first target is at top of the wedge which would be 40950 . also this falling wedge might be a bull flag, then in this case the breakout target will be...
Hello there, as you see in the chart, Gold in the hourly chart has a bullish divergence in RSI. as price is at support right now, and this support level has hold the price, besides volume is dropping too so we may see a reversal from this level. after this huge dump it might be risky to buy it but buying here gives us a good risk to reward ratio. so for going long...
Hello there, AS you see in my chart the current price is at a powerful dynamic and static resistance. Breaking out above will give us a nice long signal in the direction of a new uptrend and will indicates that the accumulation phase is over. since this is a range market, so we may see further rejection from the resistance and continuing the accumulation phase and...
Hello There, There are you can see in my chart two possible scenarios, bullish and bearish off course! Scenario No1: The bullish one, price is in a downtrend still and for any long we should wait for a solid breakout above the main downtrend line (be careful for possible fake out) but as It breaks out there will be a nice long setup opportunity in the direction of...
Hello there, Here you can see in the weekly time frame, BTC has formed a head and shoulders pattern. and currently is at the neckline. Breaking out the neckline needs a weekly close above 13500 level that leads BTC to the target of H&S which is 20k. Besides next weekly candle will be the last one before October monthly candle close. doesn't need to mention that...
Hello there, comparing the BTC chart with DXY and Gold shows that it has lost the correlation with them during the last pump. Will Bitcoin follows them soon and we'll see it dumps? or it's just end of an era? despite what happens to them Bitcoin will continues to fly? Please share with me your opinion and comment it down below? Thanks for your attention!
Hello there, I'm very very super bullish on bitcoin. previous days we saw a very solid bullish move from king of crypto. And the bullish impulse stopped and has rejected from 13200 resistance zone. So we may see a healthy correction from here before going any higher. It seems that BTC parabolic bull run has started so every dips is for buying and it's fact my...
Hello again, in my previous idea on gold I wrote about a probable bounce from bottom of the channel and a possible long setup that has stopped so quickly. and yeah it's like that when you try to catch the falling knife, it my drops more and stops you in a blink of an eye. SO we stopped and now here we are, gold has broken its ascending channel and showed one...
Hello there, as you see in the chart, gold is at the bottom of its ascending channel right now and here is 1900 support level that has hold the price many times and also you can see that the price has respected the channel and a bounce from this level is probable. you can see that combination between RSI and the chart structure in 1h has given us many buying...
Hello there, as you can see in the gold hourly chart, It is moving inside a descending channel and in case of breakout from top of the channel it will forms a bullish flag and a cup and handle insde the channel. That will give us a buying signal with targets at next important resistance above,1955. and our stop loss will be placed below the previous low at...
As you see in the DXY weekly time frame chart, It has been rejected by the downward main trend line and it did a false break out from 100.00 resistance zone. Now its moving under the previous channel and probably we will see a pull back to 95.00 broken support that now acts as resistance. Afterwards if 90.00 support zone fails to support it, Then we will see a...
LTC has been in this channel for over a year. And now at this time, its getting close to the ceiling of the channel. There are two possible moves from here but a final result at the end: 1. If it breaks out the ceiling of the channel (In a few weeks) , It will be a great opportunity to go for a long position with a tight stop loss below the 40 support line. 2....
If it breaks its first resistance and close above the R1, There will be no other resistance till the R1 & R2 BUY ZONES: 0.019780 - 0.019810 TAKE PROFIT 1: 0.021900 TAKE PROFIT 2: 0.026600 STOP LOSS: 0.017250 GOOD LUCK!