USDCAD stock in range box from a couple of months ago. As we can see there is two good demand zone for this popular currency pair which can be a good point for buyers to get an advantage. we can wait for rejection for the first or second demand zone to tie up our belt for a jump!!!! Be patient until good rejection and entry point
Bitcoin had a huge correction after may of 2021. as we can see, bitcoin gets down to around 28,000 Dollars after touched 65,000 Dollars . The price ranged and accumulate during May, June, and July of 2021, then get back to the bullish market by an Elliott wave. **There is a thing, the Daily chart of bitcoin shows that the price gets above EMA 200 at end of...
Solana touched 260 USD , then experienced a huge 70% correction to around 75 USD . we can consider this correction based on the Fibonacci 0.78 Technically, it is ready for the next jump but let's check the Solana last news. Solana community presents a new hackathon from Feb to March, it is still open to developers, there are a ton of projects that will...
As we can see on the volume of the chart, the XTZ market went to a bearish trend until the last big red candle that was a good opportunity for price hunters to enter the market again. As the bitcoin market starts new top-level and in following that the altcoin market starts to see green days, we can expect Tezos lovers back to the HODL and start buying and pomp...
The SOLANA is a great altcoin with huge potential in the future. After the pomp in October, we can see a reverse head and shoulders which brought back the SOl to the bullish market, then it pomp again and breaks its last top-level and hit new price as top of its channel. there is head and shoulders for correction that ended at the bottom of the...
SUSHI is one of the good potential assets in the market. As the market raised great, in following the road of the altcoin market SUSHI can start its road soon. Based on history: SUSHI experienced great pomp to around 23 USD in the first of the year, then we saw the big correction to around 6 USD as bitcoin huge correction. But now SUSHI made a good support...
LUNA start a bullish trend channel from the end of July until now. it is still bullish but there is a strong resistance of around 48 USD and LUNA responds to this area normally. Anyway, according to the RSI divergence, while the price raised over and over, there is possible to experience a full correction into around 24 USD and then boom. But if LUNA fans...
As the Elliott wave , if we start the flow from the beginning of the bullish market it is in the 3rd wave now, So if it ends up its flow around 66,000 , we should consider a correction from 66,000 to around 51,000 as of the 4th wave. Then it would be ready for a huge jump to a new target of around 75,000 and ... The BTC has two important areas: 1st: 58,000...
Cardano "ADA" experienced a great pump while an unstable market and broke its last High level. Currently, it is in a free zone without any support and resistance. now we should see when it goes down to make a resistance and where it settles down to make a support level. But there is a possible scenario, as its last pump and dump, ADA will make a Head and...
as MACD presents, the divergence between the candles and moving average volumes is obvious. the price rose almost sharply and the market needs a correction to recover the bullish trend. there are 2 scenarios which we can consider, First: the price will rise to near 50,000 and then correction start into the first support line. Second: as probable head and...