Considering that this price completed the rising flag pattern and retested the lower trendline, I do anticipate that the momentum might be bearish. This will depend the one candle stick that closes after the doji. Still, my entry point will be 39400, SL at 40,000 at TP at 38000
This currency has been forming a rising flag for the past few days, which IMO is a strong indicator for a bullish momentum. Considering that it has retested the upper trend line, I do anticipate that this price might continue with the bearish momentum, testing the lower trendline. Entry price at 1.932, TP at 1.897 and SL at 1.958
This coin has been forming a falling flag for the past few days. Considering that the price tested the lower trend and bounced back, there might be a bullish impulse. I anticipate that the bulish momentum will go on and retest the upper trendline at 70000. Entry point - 60000 SL - 56000 Take Profit - 69000
This currency has been forming a bearish flag for past few months and on its way to complete the pattern at 0.880 For the past few days, it has been forming a rising flag, which IMO is a strong indicator of the bearish momentum, but has not broken the pattern yet. I do anticipate that in the short term, it might touch the 0.85 zone and the long term, 0.88. A...
This index has been forming a rising flag pattern for the past few weeks which IMO is a strong indicator of a bearish momentum. I do anticipate that the momentum will continue and test the market zone at 38.2 A follow-up analysis using shorter time frames will follow.
This commodity has been forming a rising flag for the past few weeks, last week it retested the upper trendline of the channel which IMO is a potential for a massive bearish run. It formed two bearish doji candles, which IMO the bulls were unable to drive the price much high. I do anticipate that later in this week, we might test the market zones at 2365 and...
This commodity has now retested the lower trendline of the rising flag, and I do anticipate that the market might continue with the bearish run and test the 2360 zone, as suggested in the previous setup (Using the weekly time frames) My entry point is at 2435, Sl at 2460 and Tp at 2360
This crypto coin has been forming a very interesting pattern - a falling flag, which IMO is a strong indicator for a bullish momentum. As for now, there is no clarity if the price will test the lower trendline again or reverse to break out of the upper trendline. A follow up analysis using the shorter time will give clarity on our entry.
Based on the previous analysis, Entry at 39400, SL at 40000, TP at 38000
This currency has been forming a bullish pennant, broke out and retested it. I do anticipate that it will continue with the bullish momentum. My entry position is at 1.387, Sl at 1.3815 at TP at 1.398
Following the news last week, I do anticipate that this index will continue with its bearish momentum as we look to test the 0.382 Fib level at 16800. There will be a follow up analysis using a shorter timeframe so that we can have a clear entry position.
This currency has been forming a falling flag and I do anticipate that the bearish momentum will continue so as to complete the pattern. Entry Position at 0.880, TP AT 0.869 and SL at 0.885
This index has been forming a falling flag pattern for the past few days, which IMO is a strong indicator for a bullish momentum. As for now, it seems to retest the upper trendline of the channel. I do anticipate that it might cover the gap it created at 19690. My entry position is at 19150, TP at 19690 and SL at 18900
Based on the previous analysis, there were two possibilities about this currency, either it continues to complete the falling flag pattern, or retest the upper trendline of the channel. It broke out of a major market zone, i.e 0.886 and retested it. I do anticipate that this price will continue with the bullish momentum. Entry point at 0.889, SL at 0.8815 and TP...
This currency has been forming a very interesting pattern for the past few days, a ranging momentum. The sentiment is still bullish but let us first wait and see if it will retest the support zone to have more clarity on either a bullish or bearish entry point.
This commodity has been forming a bullish pattern, according to the higher timeframes (weekly) and it has retested the upper trend line again. I do anticipate that it might test the 0.2 fib retracement. A follow up analysis using a shorter time frame...
Based on the previous analysis, using a longer timeframe (1D), I anticipated that the price might be looking to test the support zone at 2286 i.e if today's daily candle stick closes above 2405. Now the price has broke out of the rising channel, retested it (which was a fake out) and looks like it will continue with the bearish momentum. My entry position is...
Following the formation of two doji candlestick, which the latter did not close above the first one, I do anticipate that the price will continue with the bearish momentum, retracting to the weekly 0.2 fib level. The entry position will be based on the outcome of the today's closing price as my proposal would be at 166.0 A detailed analysis using a shorter time...