Currently EUR/USD is having a slight retracement after all that buying pressure. A strong supply level has turned into a demand level showing bullish signs... I am waiting for a retest into this demand zone and strong bullish price action/MA cross in order to enter. Additional confluence will be this trendline break. I have my TP at the last strong supply zone. My...
I am bearish because the overall daily trend is a downtrend. Meaning this is a pullback and the overall trend is catching up to the global trend... We have failed to break through this key support level 3 times and we are going for a retest. I am looking for a sell position around 1.26250. I have listed out my first and final TP zones. Let me know what you think !...
This is an update to my last Ethereum Post. I was off a little on exactly when this was going to pop slightly but eventually did have an upward break! Now we are faced with 2 scenarios that could happen. Currently Ethereum is in an Upward Trending Channel on the 4hr chart and has recently tested the bottom of this channel. Scenario 1: Since price has...
ETH Broke out of its upper trend and is going down for a retest. Trade Safe and don't take on too much risk! This is a very bullish sign and is a classic setup!
Will $AMZN repeat its last pump? Lets take a look.... What we know from the last pump... Clear Bullish RSI Divergence Clear longer term upwards squeezing 19 Month Consolidation How are we currently looking? Right now we have great upward squeeze happening. $AMZN has been consolidating for the past 17 months. Along with this a very common Bullish pattern...
$TLRY is looking like it is getting ready for another pump once it breaks out of current trend. My points being.... 1. Strong Bullish RSI Divergence 2. The Old Supply area is acting as a New Demand level as seen with the red arrows 3. TLRY is creating a Falling Wedge Pattern which is known for being a bullish continuation pattern 4. The ATR is in an uptrend...
CSPR/USDT is in a very nice spot for short potential. Casper has broken below its local support and is currently retesting this support.... CSPR is also on a demand zone that if broken below can go to $0.0749 which is my target if this demand zone is broken! As always look for high volume plays and strong price action before entering a trade. Comment if you...
BTC/USDT has been in a downward channel that has recently pushed 64.65% hitting the current supply.... A correction is incoming and has failed to break the current supply. Once BTC breaks below my current trendline and retests this would be a great time to start finding short opportunities. The first demand level is between $41495-$39450 if price falls below I...
If AXS/USDT breaks down there is virtually no volume stopping this 27% drop. I believe the Bearish Scenario is the most realistic scenario to occur. Bearish Scenario: Currently ATX/USDT has hit ATHs after rising 67.52% ATX has already pulled back 15.98% .If the support of $63 is broken there is very low volume that will hold as true support until $43-$45. ATX...
NEO/USDT may have a bullflag forming...this along with a break and retest of the current trendline. This could push us up to our current supply and retest. If this retest is successful we FLY to $79.755
NEO/USDT is retesting the current resistance... Once NEO retests the current supply ( Orange Line 60.190-61.980 ) and successfully pushes past this level we will know NEO is ready to fly I will be placing my buy entry around 63.131 to avoid any bull traps that may occur If NEO pushes past $63.131 there is little to no resistance stopping a push up to 79.755!...
Breakout could be imminent...If broken we could FLY TRX/USDT is testing current resistance... This could be a bull trap so look for high volume and a break in current resistance Next resistance level is .00922-0.01309 once we break this we will fly to our goal !
TRXUSDT is squeezing upward and is in the current supply zone . Once broken there is little resistance stopping this until 22% above the current price! I have marked out the two levels best for buy entry following this play. I will be personally placing my entry around the safest buying signal with strong price action and high volume . Trade safe and comment...
This is a quick update on TRXUSDT... This has risen to our current supply as predicted! If we can push and break this supply their should be low volume that should push Tron up 22-26%! Ill keep yall updated and please let me know what you think!
There are 2 scenarios that we can run into with TRX/USDT... 1st scenario: TRX/USDT has broken out to the upside of the local trend line and is retesting the trendline. Once/If the price pushes past the current supply showing strong volume this could be the start to a bullish movement with a 22-26% gain towards the overall supply! 2nd scenario: If TRX/USDT...
BTC/USDT tested and failed to break above current resistance of $46,743.43... This left us with a break under the local trendline as well as having RSI Divergence. This could either be a bear trap or a start to a nice pullback. Once this retests the trendline and shows signs of weakness we will know a pullback is very close. This pullback could land us back...