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AUDNZD What Next? BUY! My dear subscribers, My technical analysis for AUDNZD is below: The price is coiling around a solid key level - 1.0712 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.0774 My Stop Loss - 1.0681 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
2
BTCUSDT - Main Target 25250 Support LevelHi guys, let's review the current situation for BTCUSDT on 4 hour price chart. Last week the price of BTC jumped from 26400-25900 support area to 28350-28033 resistance area. It seems like it was a fake breakout of 27560-27300 resistane area as price quickly went back under this resistance area. The price of BTC almost touched 26400-25900 support area reaching 26540 price. Now on the market slight correction and it can go up to 27500 or so. I don't expect significant price rise from the current levels and reckon that the price will continue to fall. The first stop here will be 26400-25900 support area but I'm pretty sure that the price will reach 25250 support level. Previously, 25250 price level was a resistance but now it's main support level. If this post is useful to you, you can support me with like/boost and advice in comments. Many thanks.
Short
by Real_CryptoRoy
1
Bitcoin Technical Analysis When Bitcoin price was getting closer to the major resistance area (39500 - 41K) we already warned you 3 times that sell-off pressure could spike which can cause further price dump. Soon after our warning, BTC started to dump and fall in price, it has first broken out from the Bearish Flag pattern it created on the daily timeframe and moved downward toward the first local support area (37500), we already warned you that BTC created another Bearish Pattern (namely Bearish Rising Wedge on lower time frame) and will eventually dump even further. Soon after our second warning, BTC started to break downward from that Bearish Rising Wedge after creating a fake breakout pattern which we knew already that would most probably that will be a fakeout as we plotted on the chart), and then BTC price broken and fell below 37500 (the local support line) and moved toward the next support (36800). At this point BTC faced some buying pressure and demand. It also created a descending triangle pattern (although some might see it as a symmetrical triangle, but as you can see the buying pressure were decreasing with time until it created a descending triangle as we plotted on the chart). Since this descending triangle has a 50% chance to push the price even further down, as you can notice, we placed a question mark on the Fake Breakout text label, as we are not sure which side (bulls or bears, buyer or sellers) can win the battle and also plotted the volume profile on the triangle to indicate the buying or selling volume will determine the next Bitcoin price movement from hereon. And, we need to watch and monitor the bold green line (indicating the local support line at around 36800) to see whether bulls can defend that support line to protect BTC from further damp down the line. We hope this technical analysis can help you see the picture and understand the current situation better. Kind Regards Dr. Bestoon Jaff Chief Technical Officer (CTO) Blockchain Center Sulaimaniah city
by jaffcoins