MANUSD Price retrace after a crazy pump to USD 1.25. lower TF forming a descending triangle and breaken the resistance trend line. Reason to long: 1) RSI around 70 area, very bullish indication 2) MACD green on 1, 2, 4 hours TF. 3) Forming a bullish pattern, breaking the descending triangle resistance trend line at lower TF Entry can consider at 0.91 -...
BNBUSD Price still trading inside the ascending channel. Currently forming an symmetrical triangle and at the decision breakout time. Breaking the symmetrical triangle can bring the price to the next level. Reasons to be bullish: 1) RSI 4 hours and daily TF above 55 2) Higher chances of MACD flip green in 4 hours TF and daily TF 3) Forming a bullish...
LTCUSD Looking to breakout the ascending triangle on Daily TF. Expect to retest USD 229 in immediate short term. Reason to be bullish: 1) Trading above the resistance level on daily TF 2) Breaking out from the ascending triangle on daily TF 3) MACD green on daily TF 4) RSI above 55 on daily TF 5) Trading inside the ascending channel 6) Trading above 20MA,...
BTCUSD Bitcoin price broekn ATH of 58.5k!!! Bitcoin has broken the ascending channel, currently 4 hours has found the support at previous resistance trend line of ascending channel! The next target of bitcoin price is around 66.2k 1.5fib area ! The ascending channel breakout also suggesting the same price target! Reasons to be bullish and further...
OMGUSD Forming a symmetrical triangle, looking for breakout move. Reason for upward breakout: 1) MACD green on daily TF 2) Above 20MA on daily TF 3) Bullish pattern formation on daily TF 4) RSI above 55 5) Above 20MA on 4 hours TF 6) MACD soon flip green on 4HR TF - Currently above 0 level Entry level : 5.0-5.25 Stop loss : Daily closing below...
ETHUSD Price experience a pullback from our previous target of USD 1880. The strong resistance is forcing the price to pull back. After pullback price are trading around 0.618 fib level of USD 1754. Currently price still trading inside the ascending channel and supported by the support trendline. Reasons to be bullish: 1) 4 hours TF golden cross 50MA and...
ETHUSD Very nice daily closing above daily 20MA. Rejected by 0.618 USD 1754 area. Expecting retest of 0.5 fib USD 1670 area. Still trapping inside the ascending channel, price have to close above USD 1755. Next target will be around USD 1880 area. If price rejection happens today, the next level of support is around USD 1630-USD 1670 area, if this area is...
Price section is forming a small resistance area around 51.25k. Once this level is broken, next target is USD 53.5k level.
ETHUSD - Last two weekly candles are forming a bearish engulfing candle pattern. For bullish confirmation: 1) Daily price must close above 21MA 2) Daily MACD should turn green and stay above 0 level 3) Daily RSI must maintain above 55 level 4) Price should close and find support at 1700 level Price can reach USD 1850 area if tomorrow closing confirm...
Currently ETHUSD price is consolidating inside the ascending channel at the important level of 1440-1470 support level. Long criteria: The price should show strong support at 1440-1470 area inside the ascending channel. If the price can hold inside the ascending triangle, possible to enter a long and take some profit at the limit of the ascending triangle of...
ETHUSD forming a falling wedge bullish pattern, possible to challenge USD 1650 area again in short term. Short term bullish reasons: MACD - Green Funding rate - positive breaking falling wedge resistance - more confirmation if resistance become support Longer timeframe is showing bearish pattern.
BTCUSD Weekly closing with bearish engulfing bearish candle. It indicating the end of the bull market and time for the correction. Immediate short term support is around USD 30k level.
BTCUSD, 4hour TF breakout from the long consolidation descending triangle pattern. Currently moving into an upward channel, short term price most likely going to re-test the upward channel trend line at 39.5k - 40k if any 4 hours candle close above 37.5k. Expecting a big move today or tomorrow. Price also closing above 21MA on 4 hours TF - strong indication...
ETDUSD is forming a symmetrical triangle in 4 hours TF chart. Trend is bullish, higher probability that the price will be breaking out to the upside. With nice weekly candle closing, expecting more price upward action this week. Target of the breakout is around USD 1750-1800. Currently price finding support around USD 1280-1300 area which is acting as...
BTCUSD : Forming a descending triangle during consolidation phase. Bearish formation - Target to go down to fill the CME gaps - Most probably at 18500 areas. Price top indication: Monthly candle very similar to the candle stick pattern in 2017 top. Forming a shooting stars by next month most probably.
ETHUSD is forming a ascending triangle with lower highs form during the consolidation phase. Price expect to continue going up in few days. Price target : USD 1600-1800 for this breakout.
End of consolidation soon. Near to the breakout Expecting bounce from 0.5fib-0.618fib (RM 1.16-1.12) Take profit of the breakout around RM 1.8- RM 1.95
Typical cup and handle pattern has formed Buying zone 0.5 fib - 0.618 fib (RM 1.17-1.085), targeting 2.15-2.35. Expecting bounce at 50 Daily MA (around 0.618 fib).