Hey Traders, in tomorrow's trading session we are monitoring GBPCHF for a selling opportunity around 1.13600 zone, GBPCHF is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 1.136 support and resistance zone, We would consider some potential CHF longs as it's considered a safe haven currency in...
Gold found a Double Top Pattern and it's also Break the strong Neckline (Support Zone). So, it's a confirmation of a Bearish Trend.
Fundamental: DAVOS, Switzerland — Over the past few years at the World Economic Forum in Davos, Switzerland, the number of cryptocurrency industry attendees has boomed. But after a near $1.4 trillion wipeout in 2022, the crypto industry is being a bit more reserved with how it splashes the cash and several companies spotted last year are not in attendance. 2022...
The coin formed an upward wedge, which is a bearish structure. The riders do not have the strength to push the price higher. At the moment, the breakdown of the ascending structure and the breakdown of support down at elevated volumes begins. I expect an impulse decline with confirmation of volumes in the seller's glass to the lower support levels. The goal of...
-Because the pair is making hammer sticks. -Fed USA plans to increase the interest rate.
🖐🖐🖐 The power of ADA bears once again hit the bulls. As we updated the ADA analysis 2 days ago, we said that if the resistance level of $0.51 is lost, the price will hit the levels of $0.4819, $0.4656 and $0.4500. Currently, we have to wait for the strength of the sellers to decrease, the resistance areas of this cryptocurrency are $0.45, $0.43, and $0.40. If...
HELLO Gays🤨 After a week of suffering the price of Bitcoin in the yellow box, the price finally broke out of this range. Last night, from the downward departure of the price from the yellow box, Bitcoin experienced a price decrease of about 8% and fell to the weak support area of $15,500, and after hitting this area, it has been reduced from the downward...
Best Swing Trading Strategy for 1Hour Note:- 3 Conformation After Buy or Sell How to Buy (Bullish Crossover) 01. RSI Bullish Crossover 02. MACD Bullish Crossover 03. 14 SMA Abov Close Green Candle How to Sell (Berish Crossover) 01. RSI Berish Crossover 02. MACD Berish Crossover 03. 14 SMA Blow Close Red Candle
Quite honestly I don't see any signs of reversing the current downtrend situation. Maybe a pump of relief and down again. This can take weeks or even a few months. Let's hope for the best but given the current situation in the world, at all levels, I have my doubts.
as the dollar keep going higher at least for the near future ,and no signs for a reversal for the EUR, so the odds are to the downside
AU is in a weekly downtrend & is getting near the resistance trendline. I’m looking to go short once it reaches my trendline & shows a rejection with a candlestick formation or pattern of some sort.
I said yesterday in my post that we my go down to retest the bottom of the channel on the weekly timeframe which is going to be 33k. Now i just opened small short position on BTC because of the retest of the rising wadge on the 4 hourly timeframe. My profit taking area is around 34k. Dont be manipulited by this small pumps and trade smart. Dont get me wrong i am...
btc also looking Berish on 1h chart and also working on head and shoulders pattren
we are clearly at a ranging market at the inter day trading time frame .What we will be looking for once the market has opened over , is the break of this particular structure and a CRYSTAL CLEAR retest , and we will be looking for a chance to enter the market on either directions (as the market does whatever it wants ) my personal bias is on the sells for the...
Bulls had their chance to breach the trend-line and head towards $40,000+ but they are weak and whales want lower levels. We haven't even retested the previous ATH from December 2017 and bulls are ready to call for $100,000. More max pain is coming 👍
We see we have a fall then a channel like formation but that together could a be a big flag wich is berish