Hello !! Welcome to the quick update of BTCUSDT. As of now, we saw that BTC pumped until 30600 all the way from 26700 thereby pumping the altcoins. In my opinion, we are still very uncertain as this might end up being a trap for everyone. I suggest everyone wait until it breaks 32000 and then we might see some bullish momentum. As of now, 32000 seems to be the...
Hello, Welcome to the quick update of BTCUSDT. As stated in my last update, I think we are still not bullish on BTC as it has a number of resistance that it needs to break before hitting 48000. BTC managed to touch 40000, bringing a rally in altcoins. Unfortunately, It couldn't hold the 40000 level and it dumped badly and the altcoins also took a major...
Hello !! Welcome to the quick update of BTCUSDT. From a long time, it was trading between 37200 and 39300. We saw a pump from 37200 until 40000. BTC suddenly took a dump until 37000 again breaking the bear flag downwards. Unfortunately, BTC was unable to hold the 37000 level and it broke the initial support. As of now, BTC is tarding at around 35800 and I think...
Hello !! Welcome to quick update of TLMUSDT. As we all know the market is very uncertain and we are unsure about the trend whether bullish or bearish. I have analyzed the chart of TLM, it was trading inside a channel since long time but it broke it when BTC broke 38200 level. TLM made an all time low of .0695 and it pumped until .0770. As of now, it is trading...
Hello All !! Welcome to the quick update of BTCUSDT. BTC was moving in the range of 39300 to 40800 for a long time. BTC broke 39300 and tested 38200 and again pumped back to 40800 without any obstruction. It was unable to break the 40800 resistance and was rejected again taking the price all the way back to a new low of 37700. After taking support from 37700, it...
Global uncertainty around coronavirus still present and oil price is pretty much under selling pressure.. ..according to the trend it seems logical to join bears if the price closes below the triangle chart pattern formed on 4h time-frame. However, if there will be any sign of positiveness regarding vaccine or OPEC members decide to cut the supply of oil the...
Its a 4h broadening wedge. I see it happening. It also works out good with my previous charts. Hope you make some nice profits gents. Goodluck to all!
Let's get right into it. I was definetly wrong by expecting BTC to bottom out BEFORE some sort of pullback to the upside. That's what trading & investing is. You can't/won't be always right, and in case you were wrong, you SHOULD admit it and adapt to the most recent developments. During my previous analysis, I mentioned the possibility of BTC reaching...
WARN* This post is an indication of possibility support levels. In search for reversal patterns to have a better indication of a new bulltrend. Dont buy BTC cause its low, but buy the dip when it shows reversal at a supportlevel! Follow me for more Bear warnings @tradingview
Broke 1265.00? 1257.00 is the key! 1300 is the target which is the weekly resistance.
After seeing the price rejection on GBPJPY, I immediately called bears to occur on this. Sadly before descending, my trade was taken out. Another rationale for entering a short position here was the descending behavior that can be seen on daily at 2017.05.11 to 2017.06.12 in which it shows where temporary correction is to occur before more downside pressure....
After forming a fakey bar on the daily time frame, this Forex pair took me out of my trade just to have another price rejection in which I did re-enter again a long trade. For four trading days, this pair has been going on sideways which was slightly tempting me to close the trade at Breakeven,.. not closing it was a good decision. Plus I also noticed the inside...
When I missed to enter a long trade setup on NZDUSD, I was really annoyed of not being able to find any mind-easing entry point due to the pushes it has been doing. However, thanks to the recent drop of this pair, I finally had an opportunity to enter with a tight stop and a wide aim! Some traders have a mindset that once a strong impulse of bear occurs, they ride...
After the recent decline of the Crude oil prices (Brent and US Oil/WTI), several people called to short it... I guess they missed this! I expect more bulls to come. Would it however be able to reach the monthly resistance at 55.00 area?
On several British Pound Forex pair, an ascending trend line on the daily time frame is on play. With them approaching the bottom of the bottom, are they to bounce or are they to break? In GBPNZD, we can see the it is consolidating at the bottom of the ascending trend line (possibly poised for a retest of the broken weekly descending trend line) which made it...
From the previous two trading session, the Swiss Franc 0.39% descended strongly against its major Forex currencies. An acquaintance of mine has told me that although no news of it was there, it seems that the SNB (Swiss National Bank) has intervened with the Swiss. When I started stock and forex trading, I've already heard rumors and sayings that the Swiss Franc...
From the previous two trading session, the Swiss Franc descended strongly against its major Forex currencies. An acquaintance of mine has told me that although no news of it was there, it seems that the SNB (Swiss National Bank) has intervened with the Swiss. When I started stock and forex trading, I've already heard rumors and sayings that the Swiss Franc is a...