The zone and head and shoulders pattern were broken. To enter the position, it is better to wait for the price to return to the resistance range so wait to end of pullback.
Bitcoin can go as far as support is drawn, and after that if support is strong enough to grow the next resistance, but if it is not well supported it can go down to lower support.
Hi guys... i put my idea on the chart. let me know what you think?
Hello traders and investors! Today we will talk about cryptocurrencies, specifically NEOUSD, its price action from technical standpoint and wave strcuture from Elliott Wave theory. Well, we all know the king BTCUSD is in a massive rally, but this si mainly because of BTC.Dominance, while other weaker ALTcoins remains slow, sideways and under bearish pressure....
EUR/USD has broken resistance, and it is time to chase the next resistance Entry : 1.17812 Risk / Reward : 1:2 SL : 1.17556 TP : 1.18442
4$ 31st August 10$ 10 September 30$ 17 September * Best case scenarios
We are on the right direction and our first chart on GOLD is doing the move as expected. I have modified this chart to make it even more better by obeying the DAY chart resistant level. We managed to hit our TP1 before the market has closed on the Friday! There is a good flag pattern visible which indicate it can go up to the last high very easily. Also you can...
EUR/USD has broken out of the range that is used to trade in it since March. It looks like its finding acceptance above the previous resistance zone (1.09 ish). which provides us a good risk to reward trade setup. a pullback to the support level can be a good long trade to the next resistant zone around (1.1 ish) you can manage your risk an average true range...
Buy : 205 - 210 or price close above 50 EMA stop : 7% Target : 5% to 50% ( very bullish after breakout 20% for sure after breakout)
Hello traders, This idea is a heads-up for people long on MATICBTC to start locking in profits. The divergence speaks for itself. My ideas are for entertainment purpose only and should not be taken as financial advice. Happy trading,
It has been moving down since it attempted to test the 4980 satoshis level after moving above the 4033 satoshis level, then it started to loose its momentum and corrected to the current levels. It has been testing the 2130 satoshis level and it successfully tested it and now it looking to break the descending wedge and looking at the 2583 satoshis level. If might...
The monthly chart of AUD/USD is currently in downtrend. It is the process of forming a full Elliot wave . The correction wave 4 has happened in the formed of bearish flag and it has given a valid breakout. Hence,we expect the counter to be bearish in the upcoming days.
If at the beginning of the month the community of investors in crypto-currencies received a message from the authorities of some states about intentions to tightly regulate the scope of the crypto-currency, then towards the end of the month the events began to unfold more positively. - The recent meeting in the US Senate on crypto-currencies gave investors a...
At 1.2000 is important resistant level price can't break above this level. The market from cypher pattern in 4H and Opportunity to Counter Trend trade set up Target 1 @ 1.1725 R:R 1 : 1.25 Target 2 @ 1.1560 R:R 1 : 2.3