BTC is approaching a Weekly Order Block at 19.5K At the same time, it seems to have completed a bullish cypher pattern at the 1W chart Down to the 1D chart, it seems to have completed an AB=CD pattern as well with the strong bullish pinbar, signifying to me that the bulls are starting to takeover the market. While at the 4H chart, a demand zone is...
BTC has been having a hard time piercing thru the 12k -- it has actually a couple of times only to be driven down again to the 9k level. However it can be noticed that a descending triangle is forming, could this be a sign that BTC is just resting and awaiting to snap out of it the next time it reaches support? So for the meantime, I expect it to challenge...
My view on BNBUSDT. Price seems to have completed the A move of the correction pattern. In this case A move appears to be a 5 move corrective pattern therefore I expect this corrective phase to be a ZigZag. I expect the B move to terminate at the 35ish level before before dropping down forming the right shoulder of the HnS pattern. Potential termination point...
Monthly Weekly Price has been on a downtrend since Jul'08 with price currently just broken thru monthly and weekly support zones turning it to resistance. Daily Price is testing weekly resistance, if this line is respected then expect price to resume its downtrend movement.
Daily Price is in an uptrend at the daily with price making higher lows. Price is also at the moment testing daily resistance zone. If price breaks thru resistance wait for a pullback to the resistance turned support before placing for a long trade to ride up from 115.00 until the next weekly resistance (118.20)
Price has been on a downtrend momentum since Jan'18, wait for price to retrace back to the weekly resistance zone before continuing with the downtrend, until price reaches the monthly support zone.
Monthly Price seems to be respecting the support zone Weekly Price is in a strong downtrend momentum since Jan'18, price at the moment is testing weekly support zone. Daily If price breaks below the weekly support, expect price to test the monthly support and eventually bounce off of it. If price breaks thru the upper trendline expect price to pullback...
Monthly Weekly Price is testing monthly and weekly support. Daily Price has respected the monthly support and is now going for a pullback to again test the support zone. If support holds, a good entry would be at the 50% fib retracement. Entry : 520-530 sats TP1 : 700 sats TP2 : 800 sats TP3 : 1700 sats
4H-D1 Potential Butterfly forming wherein price is at the C leg of the move. Also a potential Head and Shoulders pattern can be spotted. I expect price to bounce between 200-217 price levels before price moves up. Price may even test the neckline, but I dont expect price to go beyond the neckline due to it being a strong daily support zone. If the price...
ICX 4HR TF Price is testing daily support zone, which happens to fall also at the 1.414 fib ext. Possible AB=CD pattern forming wherein price is at C Leg of the movement. Possible butterfly is also forming. If price respects support then expect price to go up.
H1 Potential Bat Forming for GTO wherein price is at Leg C of the formation, wherein price is testing support zone. RSI and MACD are both at oversold If price action respects support then a reversal is imminent and I expect price to go test the 1050'ish price level, if that is breached then I expect price to reach 1200-1250 price levels to complete the bat...
W1 Price is at Resistance zone. A potential Head and Shoulders can be seen, and a potential Butterfly can be spotted as well. RSI at oversold. Divergence can be spotted for both RSI and MACD. D1 RSI and MACD at oversold. Price action seems to want to go down with the last candle being somewhat of a bearish pinbar. Trend Bias is bearish. If the price...
Price has completed a bullish butterfly within another bullish butterfly. Price is testing support at the moment wherein price is also between the 1.414 and 1.618 fib ext zone. If the support holds, then expect price to rally high.
Bearish butterfly completed on the Daily chart, price is testing the Monthly resistance zone. RSI and MACD at oversold. If resistance is respected then expect price to fall.
Price is at Weekly support level, and also testing the 1.414 fib ext. If price respects support, then expect price rally high.
Price is at weekly support zone as well as testing the 100ma line RSI and MACD at oversold. Looking at the weekly, one can notice that the current price levels are at about the same level last year when BTC started pushing high. Daily is forming a descending triangle, with a possible Gartley forming where price is at C leg. I expect price to squeeze...