$BTC will face a huge selling pressure at 45k-46k zone, most expected scenario is bears to take control of the market and push price even lower this time. Otherwise $BTC is like a casino, price action looks so ugly and there is no clear direction sign.
Crude oil price is in a correction phase as peace talks between Russia and Ukraine still have a chance to stop Invasion, but this peace will not last longer because the main Russia's condition to stop war is the surrender of Ukraine.
Confluences: Russia-Ukraine crisis involving Europe. EURJPY has been trading in a range. Bearish engulfing candle + Huge selling volume!
Looking for this H&S on XAUUSD , not yet confirmed as fundamentals might change! Russia-Ukraine crisis (More peace talks is good for this trade setup) and FED news on 16th interest rate decision (90% will raise it) lets see how this goes.
$BTC is testing the support for the third time, a powerful bounce is expected in the next days to break above the triangle's resistance and push price even higher, 53k and beyond by the end of December 2021, a monthly close above 50k is healthy.
XAUUSD's last week breakout is so crucial for the next move, after over a 6% rise in the last 3 weeks the bulls are expected to take some profits at 1910-1920 which is a very strong resistance zone. To go with gold elites, wait for a retest of 0.5-0.681 fib retest after bullish candlesticks patterns and volume confirmation. From fundamental analysis perspective,...
GU weekly chart shows the possible double bottom bounce from the weekly 200MA at 1.317 Wait for price rejection at support zone and a daily bullish close RRR is 1:3
LTC has been down-trending for almost a month because of the BTC drop, now LTC looks ready for a +15% move if this H&S scenario plays out! Let's see how this goes.
Hello traders, USDJPY has been trending down since several days, taking a short position in this situation is a low risk trade. If we get stopped in the first trade we will be waiting for the sec trade idea (H&S) with better RRR. DXY is expected to go lower: Japanese yen is doing very well lately during the Russia-Ukraine crisis because it is not "directly"...
Hello everyone, you probably bought SOL at more than $100 per coin which is fine! buying more at lower prices will improve your portfolio and you won't regret that in the long term. The FED is likely to rise the interest rates starting from March, the stock market will go lower, so as crypto market. buying at these current prices and economic-politic situation...
Hello everyone, XRP has been holding very well during these difficult times, recently Coinbase bought 40m XRP which make us think of how positive is the case with the SEC. A relist maybe? Potential inverted H&S pattern formed at 4H powered by buying volume, add to position after neckline breakout with volume.
After the downtrend breakout, a retest was expected at 0.5/0.681 fib zone. Now price rejected $39k and bounced immediately after filling all $40k buy-limit orders! With the bitcoin legalization from Russia, Ukraine, U.S. next week, we expect more buying volume to come. Once price closes above the neckline of this inverted H&S + volume confirmation, $50k+ is achievable.
Hello Cardano community! Cardano whales seem to prefer place buy-limit orders at $1, every time price hits $1 we get a nice bounce. Buying at the strongest support in the chart is risk-low in terms of win probability. To break above the downtrend and make this trade even more risk-low, we need this $BTC scenario:
Daily candle closed below the uptrend, huge selling volume is expected as $BTC's weekly candle closed bearish.
Less than 3 hours left before the terrible $BTC weekly close. BTCUSD plunged along with every other risky asset after reports that the U.S. believes Russia was planning to invade Ukraine next week. After the +40% impulse in the last 3 weeks, $BTC is now in a correction phase, expecting to find some support at 0.5/0.618 fib levels (High Volume Area).
Hello everyone! today's trade is on EURUSD, a pair with high volatility which is a favorable thing for traders. Why are we taking this trade? - Ascending triangle on EURUSD with a very strong uptrend and buying-volume. - Price above the 20-50-200 EMAs and the POC. - European Stocks Higher on Recovery Optimism. - Dollar edges off lows as U.S. inflation test...
$BTC is ranging between 3 main levels: Range-high: 51850 Range-mid: 49560 Range-low: 45500 After making its sec HH, BTC bulls couldn't break above $51k to claim the $53k and get a healthy weekly close! The structure was very clear, a triple top pattern. Bulls took profits and they will buy back at a cheaper price (42k-45k) With $BTC daily close below range-mid, we...
Matic at this current price is so underrated! Huge potential and so much utility. A parabolic move is expected, accumulate more MATIC and HODL for +130% gains. Do your own research.