Hello everyone! On today's topic we will talk about Bitcoin. As we can see the price is forming a bearish pennant on the 4H timeframe after a nice push from bears, which at the moment they pull profits out and now are consolidating creating a pennant and waiting to pull their trigger again so they can move freely to the downward. At the moment price is sitting...
Hello everyone! # Today's topic will be Bitcoin and for sure the beautiful opportunity that is given to us. As we can see Bitcoin broke the trend line and is trying to fly above the Pivot Point. Signs that I'm bullish: # Technical part : 1. Broke the trendline with a strong momentum of 844M Volume, the buyers took the profits out and they're looking for...
Hello everyone! So tonight we're covering XRP on a quick update from the H4 perspective. 1. As we can see the price broke the trendline and is giving sign of a retest near the 0.382 fib level and the minor support which align perfectly together and gives us a bull sign. 2. The price is above 20 and 50 MA but rejected the 200 MA which acted as a...
Hello everyone! Today we're covering GOLD on the H4 analysis, as we can see the price failed to form an Inverse Head & Shoulder pattern, and is retesting the minor support. 1. From the Technical Perspective the price is heading to the 0.786 fibonacci level which most of the time holds as a potential entry and it's aligning perfectly with the minor support which...
Hello everyone! As you can see the falling wedge is broken and I'm waiting for a retest on the 0,786 fib level to make a confident entry. If the retest occurs I will enter, but always after I see loss of momentum at that specific level. Keep in mind, maybe this time ETH is heading to a Lower Low straight to the minor support (green line) you can take some...
Hello everyone! As we can see a bull flag is occurring in the 1H timeframe. The lower trendline is aligning with the .618 fibonacci level, which held the first push very well. Keep in mind that you should place your long trades after the price breaks the green line which will lead to some real profits if that happens. Let's see!
Hello everyone! We can see that the market started volatility after some days of sleeping. Today I'm covering XRP on a possible buy opportunity which to be honest I can spot some big moves that are increasing the market volume. I think that XRP is setting for a new higher high at the 0.34 region, which will lead us to more profits after we’ll see some good times...
Hello guys! Yesterday we were victims of a fake breakout that occured in the 1H technical perspective , from a 4H perspective BTC is still consolidating inside this bullish pennant. 1. If we see another breakout FROM the 4H timeframe , this time with a 10 pip stop loss under trend line, wait for volume to confirm that bulls are ready to run. 2. The RSI...
Hello guys! 1.Here we can see clearly a bullish pennant, bullish pennant is a continuation pattern that can be found on all charts. The bull pennant pattern is a short term continuation pattern, it has a small consolidation period before resuming it's move up. 2.A breakout is occuring, wait for a retest of trendline which again aligns with the .382 fibonacci...
As you can see the break of the trend line and a big bearish momentun, waiting for a retest both on trendline and minor support which is aligned perfectly with the .382 fibonacci retracement.