We have this Beautiful symmetrical triangle on the daily BTC chart. We have multiple touch points to the upside and downside with one small fake out to the upside where we failed to hold it as support. Personally i am holding my long position since 37.7k because we had bullish divergance on the daily. But if you dont have any position be patient and wait to go...
Hi Traders! Here are is our analysis: Price moving in daily descending Channel --> Channel contains of Trending Move and big Retracement Move. Price at Bottom of this Channel --> Sellers potentially reached the local goal and buyers have a reference point to buy according to this structure. Break of H4 Trendline --> The SL of Sellers might be hit and it...
Hello,Traders! USD-CHF is trading in a rising local wedge But the growth has stalled after the pair retested the resistance And I am picking up bearish vibes from the pair So IF we see a bearish breakout I would be expecting bearish continuation Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
✅AUD_JPY is going up currently And the pair broke the key structure level Which is now a support, and after the pullback And the retest, I think the price will go up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
The moment this is what everybody was waiting and had been waiting for… the pattern we saw seemed like the bullish breakout; bullish flag during the falling wedge. This is the moment. I agreed everybody bullish breakout analysis and I forgot to post it; 33K support and found the bottom; during that on the 1HR&4HR Chart big shocking factor and uptrend line had...
Overnight there was a volatility quake in all cryptocurrencies that I have yet to explain. What this price action did though is setup a breakout level above the high of that spike. On the swing timeframes (hourlies) this is potentially setting up a trend change inside the recent consolidation. This could be the opportunity to breakout from the range to the upside.
Volume on break out and retest looks a bit sus! But there is the possibility of the up move from here. Keep a close eye here.
The price is testing important support on 80$ where the price has the first demand zone. The price tested this area already. On the 4h timeframe, the price is creating a new low after the breakout from the monthly and 4h support, and now the price is testing the previous dynamic support as new dynamic resistance. How to approach? If the price is going to confirm...
The price got rejections from the dynamic resistance on the daily timeframe, and rejection from the weekly resistance on 21$ On the lower timeframe, the price is testing the 0.786 Fibonacci level after a false breakout on 20$ where you can find an M pattern. How to approach? We are monitoring the price, the bullish scenario is above 19$ with confirmation. in a...
Based on the chart, the price is close to weekly trend line and the resistance area if the price breaks the resistance area and the weekly trend line to the upside, we will see more gain 🚀 after breakout, we can expect the retest of the trend line ✔️ and other important resistance area are located on the chart ✔️ Please, feel free to ask your question, write...
Bitcoin WHALES hunting for stops? After the false breakout, the price moved back into the value zone. What could have happened? When the upper trendline was broken, the traders' stop-buy orders triggered. So the whales could collect the liquidity and take their SHORT positions. The price returned to the value zone with fake break up. We need to watch how...
As we can see the price now is in the local range zone and soon this range zone should break also major supports and resistances all mentioned on the chart. Major support now is 35K$ that if this support break market is bearish again and major resistance now is 44K$ (black trendline resistance) that if this resistance break market is bullish once again and we can...
With the risk off markets that highly affected the EUR against the safehaven CHF a couple of weeks ago, the price plummeted near the parity! At the moment the price seems to be recovering slightly and likely looks to be headed over to the next psychological resistance found at 1.05000 area. The Swiss National Bank is likely handing a helping hand to the EUR here...
We can see AUDUSD breakout after a few days bullish, it is possible the price retesting and be a reversal. This is my AUDUSD trading plan. Are you also short intraday in this pair?
I forgot to post this my bad; thought I did; same as NAS100 since after that big fall during the invasion and home worse. But the relief came from Fed. gov, the US30 hit the very strong support.. bulls are taking over; US30 1HR just made bulls early breakout and now going to create another bull breaks; the bulls are very strong at this point and this is my point...
Hello,Traders! ETHEREUM is trading in a narrowing wedge And the direction of the next move Will be determined by the direction of the breakout However, I am 60% bullish biased Because of how well major crypo Held the levels, having a war and all the chaos Thrown at it, so I see an upside potential But I implore you to wait for a breakout So as not to have to...
1INCHUSDT Price is trading in a falling wedge pattern and trying really hard to break that strong resistance. We are expecting bearing can not hold this for long, So any sharp move can turn this into bullish. Keep an eye on the price action.
BELUSDT price hovers around at a good support zone and buyers looking to regain their momentum and if they do so we are expecting a good promising upside rally towards some critical support after breaking the falling trendline. Let's see how the price action develops.