At 4 hour timeframe, price is in a downtrend and we can see lack of bullish momentum as price has a hidden divergence on MACD, price has been rejected from 61.8 fibo extraction. At 1 hour time frame I'm waiting for a trigger as shown in this analysis to enter a short position.
Price is in a downtrend at Daily and H4 timeframe, we can see lack of bullish momentum as price is having a divergence at H4 and it is rejected from 61.8 level of Fibo. I'm waiting for a trigger at 30 mins. timeframe to enter a short position as shown in this analysis.
Based on price action analysis, Bitcoin has a strong support zone in 32000-36000 area, So I expect to see a bullish movement from this area to 52000.
Price is in an Up-trend direction. We can see lack of bearish momentum as we have a hidden divergence on MACD. Price tested and rejected from 61.8 level of Fibonacci. So we expect that this long position hits it's target.
In daily time frame, this pair is in a strong down-trend. In 4 hour time frame, price was rejected by the trend-line. In 1 hour time frame, price is in a down-trend and broke it's correction flag pattern, after completing a 5 waves of correction. So we are going short on this pair.
Price is moving in an ascending channel, the corrective pattern have been broken after testing the 50 level of Fibonacci. We can see lack of bearish momentum on MACD as we have a hidden divergence on it. Price has retested the broken pattern and now it has the potential to move higher.
This analysis is based on trend lines, Elliott waves and correction patterns. But market is experiencing a high volatility these days. What are your thoughts? Can #bitcoin become a place of stability in this unstable situation?
Price is in a correction wave, we can see lack of bearish momentum as we have a hidden positive divergence on MACD. price tested the zone between 50 and 61.8 of Fibo. levels. If the triangle pattern breaks from above we can enter a long position, and our target is shown in the chart.
After a triple bottom pattern, price broke it's down-trend trend line, and started an up-ward trend. At this moment price is in an ABC pattern correction which is going to end, we can see lack of bearish momentum and we have a positive hidden divergence on MACD. Our first target is the top of the correction wave and our second target is the daily resistance zone,...
We can see lack of bearish momentum as we have a negative hidden divergence on MACD, price is reacting to 61.8 level of retracement Fibonacci. So our vision is going short on #xauusd .
This is my opinion on BTC/USDT. I go long for Bitcoin after its correction at 39k$ area.
Price is moving in a down trend, we can see lack of Bullish momentum on MACD, as you can see MACD is showing us a hidden divergence, Price is testing a Fibo. level 61.8 as a resistance. So we are short on AUD/USD.
Price is sitting above an important support level, 61.8 of Fibonacci and an ascending trendline.
price is moving in a flag pattern correction wave in a downward trendline, it reacted to 61.8 of Fibonacci and we can see lack of bullish momentum on macd, which is showing us a hidden divergence. If the price, breaks the flag pattern from the bottom line, we can see these three targets as shown in the chart.
We expect that price can return from around 33k $ at 4th of Feb. or from around 29k $ at 1st of Mar. As you know this is just an expectation based on price action and Elliott waves analysis, so we should check price actions on those specific dates and price levels.
Gold (XAUUSD) is testing a daily ascending trend line that is lined up with the bottom of a 4H falling wedge. Also price is showing a lack of bearish momentum on the MACD.
Bitcoin price is moving in a rising channel on Daily timeframe .