Bitcoin Analysis: Hourly chart. The Bitcoin has been displaying a robust uptrend, marked by a bounce off the 38.2% Fibonacci retracement of the previous leg and a well-defined upward trendline. Bitcoin is currently in a clear uptrend, characterized by higher highs and higher lows. This bullish trajectory has been reinforced by a bounce off the 38.2% Fibonacci...
EURUSD is currently still in a 30min downTrend . The opening asian range has a 15 pip potential . There is room below Friday's low all the way to 1.0962. Market sessions are indicated by the vertical lines on the chart. No trade here on the 30min chart yet. Wait and see what happens on the EURUSD at the moment . Looking at highs and lows of sessions for...
EURUSD currently trading in a 50 pip range . We have developed a lower high at the daily open which could lead price lower. Keep an eye out for RSI to give a nice trend line break entry short as we move closer to the US session open. Previous days low is sitting down at 1.1236. Super Trend has turned red. We will be only looking for shorts until that flips...
Looks like AUDJPY is trying to retrace back to the 30min down trendline or even the hourly down trendline. Waiting to see if CCI and RSI can get into overbought areas at those trendlines. Might want to drop down to the 15min for triggers new those trendlines. Use a trendline break for Entry. We will see how this develops in the coming house. I will keep...
Doge is still holding above 0.20 . Here is another path to 0.50. This idea would have it testing 0.26 level before moving up to 0.50 . We have a fresh MACD cross on the hourly .
I am not sure if we are going to have enough to get to 0.50 today but here is a way we could get there. Check out this chart and price path .
Doge keeps moving on up. Still in a strong up trend. It bounced off at latest fib retracement area and moving up towards 0.33 .
We would want to see the fib area hold on this next push. 0.14 needs to hold on this run up. This could lead us to 0.20 next stop . Pullback expected from 0.18 but anything could happen.
We are still moving parabolic here on the hourly chart . There is a good chance for a retrace down to 55% of the previous leg. The retrace hasn't happened yet. Allow the MACD to guide us to the start of the retrace . Look for a down trendline on the retrace into the FIB support.
Here are some interesting levels for DOGE . Triangle formation .
Here are some levels for GME at the moment on 15min chart.
Looking to go long new the lows set early in the US session.
Happy Friday Everyone. Here are some weekend levels to watch out for on BTCUSD. ENJOY Cheers
Hello Everyone. I hope you are having a great weekend!
Here are some weekend levels for BTCUSD. We are currently moving in a triangle pattern. We could move up to test the down trendline. There are some fib levels above on this leg down that will need to be tested. There is a possibility we could break down and test the spike low.
As we move into the US Session on this Friday here are some more areas of interest. Channel line top would push us into new session Highs. A push below session lows could help challenge weekly lows to the downside.
EURUSD slowly trying to test 1235 . I have placed a tentative channel here for the move up. Should already be long here with first target up at 1233.
EURUSD still heading down after breaking 1235 . As we can see 1235 is now resistance on the top side. We can still fall to 1170 . It would be the bottom of the channel and horizontal support.