EURAUDEURAUD is trading in falling wedge pattern. The price was reacting well the support and resistance of wedge.
Currently the price is about to give breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 1.6520 followed by 1.6800.
What you guys think of this idea?
Beyondtechnicalanalysis
GBPNZDGBPNZD is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the sell momentum continues the next target could be 2.0200
What you guys think of this idea?
AXSUSDTAXSUSDT was trading under declining trendline and recently it seems like the sellers are bit exhausted then bulls took the charge and break through declining trendline.
Currently the price has given the breakout from falling trendline and now forming a local support around 7.2 region.
Will the bulls take charge again continue for leg higher?
DYDXDYDX is trading in falling wedge pattern. The price was reacting well the support and resistance of wedge.
Currently the price is about to give breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 3.5 followed by 4.5.
What you guys think of this idea?
EURCHFEURCHF is trading in descending parallel channel. The price was reacting well the support and resistance of triangle.
Currently the price has given the breakout of local falling wedge from strong support zone and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 0.9620.
What you guys think of this idea?
TOTAL 1 Will Crypto Christmas come early?I was thinking to wait till tomorrow till I post this analysis so more people could see it but oh well, let us do it today cause you never know what happens.
I think this is one of the most important charts when following crypto markets. (cause it shows crypto markets money inflows and outflows).
Bitcoin has broken out already from this years highs week ago (I'll add picture down), BUT Total 1 marketcap hasn't made higher highs yet.
If and when this breaks I believe we will see surge on BTC and possibly on alts that will wake up the bull narrative again. (News etc)
Target is 1.49 Trillion so that would be 250 Billion inflows to crypto markets, that's 20% rise!
Better to be prepared than get caught with pants down
Two active trades going on DYDX and GOLD
-PalenTrade
ETHUSDTETHUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is very healthy retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH.
What you guys think of this idea?
GBPUSDGBPUSD was trading in falling wedge. The price was reacting well the support and resistance of wedge and now has given the very healthy breakout ..
Currently the price has given the breakout of falling wedge and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 1.2650 followed by 1.2750.
What you guys think of this idea?
USDJPYUSDJPY is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the sell momentum continues the next target could be 141 followed by 138 region.
What you guys think of this idea?
NZDCADIs NZDCAD exhausting at highs?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 0.88600 What you guys think of it?
RAREUSDTRAREUSDT is in strong bearish trend and also form bearish flag pattern. Recently the instrument has break through important support zone.
Now the price is trading within the bearish flag and seems like it getting ready to break it.
Will the sellers took benefits from these bearish confluences?
GBPNZDGBPNZD is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the sell momentum continues the next target could be 2.040
What you guys think of this idea?
AUDNZDAUDNZD is trading in descending parallel channel. The price was reacting well the support and resistance of triangle.
Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 1.0850.
What you guys think of this idea?
GBPJPYGBPJPY is trading in descending parallel channel. The price was reacting well the support and resistance of triangle.
Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 187.
What you guys think of this idea?
GBPCHFGBPCHF exhausting at the horizontal resistance. Pair is moving in just one direction. After a great impulsive move we have seen a little correction this time it has created a double top structure with a significant bullish divergence( at lower TF) near the solid resistance zone and two to three times pair just respect the mentioned support and move upward. Again it hits the same zone and moving towards the horizontal support.
EURNZDIs EURNZD getting fueled at strong support level?
As the price is been on strong sell side but now it seems like price is getting some bullish momentum after reaching at support level and bullish divergence suggesting the buying pressure is about to start.
If the bears took control , the 1st target could be 1.7875 followed by 1.8200.
What you guys think of it
AUDUSDIs AUDUSD exhausting at highs?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 0.88600 What you guys think of it?
NZDCHFNZDCHF is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is very healthy retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH.
What you guys think of this idea
BALUSDTBALUSDT was trading under declining trendline and recently it seems like the sellers are bit exhausted then bulls took the charge and break through declining trendline.
Currently the price has given the breakout from falling trendline and now forming a local support around 3.6 region.
Will the bulls take charge again continue for leg higher?
MAGICUSDTMAGICUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the healthy retracement and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH
What you guys think of this idea ?
SYNUSDTSYNUSDT was trading under declining trendline and recently it seems like the sellers are bit exhausted then bulls took the charge and break through declining trendline.
Currently the price has given the breakout from falling trendline and now forming a local support around 0.4500 region.
Will the bulls take charge again continue for leg higher?
DXYDXY was trading in falling wedge. The price was reacting well the support and resistance of wedge and now has given the very healthy breakout ..
Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 104.2 followed by 105.7 .
What you guys think of this idea?
TONUSDTTONUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is very healthy retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH.
What you guys think of this idea?