-Price broke out of 3 month downward channel followed by solid demand which see price testing the 21 EMA. -Retracing to 0.5 - 0.618 Fib level which happen to be Support level with good volume stack. -Expecting price to go past 21EMA and retest 50EMA.
-Price retesting confluence of TL and 0.786 Fib level. - Prior FVG has closed. -Pin bar with fairly good volume indicate demand zone. -Good risk: reward ratio with tight stop.
- Broke out of consolidation channel and resistance. -Retesting both channel and resistance after rejecting 21EMA which also confluence with 0.5 Fib level. -Expect price to move up and re-consolidate in the EMAs.
-General retracement happeing across crypto market now presenting some rebounding opportunities. -Broke out of multi week trendline and accumulation. -retesting both TL + Support + 38.2 fib level
-Break out of resistance and retest. - Nice volume off new support. -Overall Trend changing from downtrend to uptrend.
- Broke out of consolidation and 0.98 resistance with gd vol. -Trendline support -retested 50EMA and holding. expected to break 21EMA and retest 1.31
Triangle breakout. TL acting + horizontal line acting as gd support. Gd vol.
bottom picking......big vol with inverted hammer. see picture for description..........
ZEL - momentum breakout. see picture for more info