Hi, A lot of criteria match inside the possible reversal box and it stays between 616-716: 1) The trendline. If this week closes deeper than the previous week then it is a bit weaker and the setup becomes also weaker. So, quite an important week for Wise. 2. Different types of Fib levels. 3. Channel projection 4. Equal pullback waves from the top 5. 700 as the...
Still expect re-test of 11500 / 11340 support. That wick to 11613 doesn't count. See two bearish factors - over bullish Twitter and bearish divergence at fear&greed chart. Hate to be bearish when everyone is so bullish 🙈 So I put a big timeframe chart to show how bullish Bitcoin really is in long term. And just forget about dump to ~9600 that may happen any...
EUR/USD bounced from 1.117, but failed to grow above previous LH level at 1.13534. Now we have several potential bounce zones within this choppy market picture. First one is where price is now. Second lower at 1.12555 and so on. Support 1.129 / 1.125 / 1.121 / 1.117 Resistance 1.132 / 1.135 / 1.137
📉 Daily Bitcoin chart review 📈 BTC volume drop to minimum. Price is below all moving averages, forming bear flag. Nothing in this chart is bullish except volume distribution, which hints dips were bought but not yet sold. I've also added trendlines to show where main zones of shorts and long orders hide - obviously above and below them. What's next? Anything...
GBP approaching support at 1.234. This will be a perfect zone for long. Build position at several zones - second at ~1.2296. Don't be a pussy - don't use stop loss here. Targets are resistance zones above: 1.241 / 1.247
ETH met resistance at 254 and dumped together with BTC. Still within an uptrend, but possible retracement to ~215 support. That would be first entry for long. Next at ~205 and if drop lower, deepest support at ~175. I'm bullish for BTC/ETH this year, so question is from how deep it will be possible to enter new bullish race.
Ethereum broke out triangle at day timeframe. Bull flag. Also it has double bottom at day timeframe. Two scenarios I see from here. 1) Either 245 support hold the price and ETH pump from current bull flag up to 265 - 275. 2) Or it falls back to 230 - 221. In both cases bullish. I prefer to wait for retracement. 🎯 Resistance 253 - 256 - 260 - 265 - 275 🛒...
📉 Daily Bitcoin chart review 📈 Bitcoin broke out 9700 resistance and pumped to 10444. Today cool down. Next move either down to 9700-9800, or second leg up from bull flag. Nearest strong resistance at 10750. Next will be at 11555 and 12340. Resistance: 10444 - 10555 - 10777 - 11555 Support: 9970 - 9750 - 9444 - 9222 😱 Fear & Greed index: 56 (<= 50...
BTC landed on important support. Today we may expect it to bounce back to previously broken SR at ~9200-9300. What happens next depends on how bullish will be that bounce and retracement after it. Looking at bigger picture in case of bearish scenario Bitcoin may easily fall to 8500-8600 and in one more week to 7700 (if 8k won't hold the dump). But if current...
If you followed my last review, which I posted on May 6th and kept on filling with new forecasts till yesterday, you could have made a fortune =) Predicted bottom almost 100% precise. Now that the bottom is formed, time to consolidate and grow. And today I saw news, saying VISA filed an application to create digital currencies with the United States Patent...
I guess we all want to know when CZ will stop dumping his coin, buy enough and finally let it grow. Assuming that Binance suppose to be such a good exchange, maybe even one of the best exchanges in the world, the only reason for BNB to perform that bad is because owner want to accumulate it back (which is an old but proven fact - CZ dreams of buying back as...
Last post targets reached =) Now BNB is under 15.7 SR zone, which makes it possible to form head and shoulders bearish pattern followed by dump to 14.28 / 13.70 support. Pivot at ~15.5. Arrows show possible direction - doesn't have to fit exactly the way it is drawn. 🛒 Support: 15.47 / 15.0 /14.3 / 13.7 🎯 Resistance: 15.7 / 16.0 / 16.5 / 16.9
Starting a new TradingView "page" as previous bullish move has temporary ended. Won't call it "SHORT", as I'm really bullish for BTC and this is only a short term retracement that will be followed by dip buys and another bull stage. Now Bitcoin came back to next strongest support zone at 9600 and last 4H candle touched EMA21. That was our first short target ✅...
Bitcoin overperformed my bullish targets and pumped to 7800. Showing week chart to understand what's going on. First resistance zone left after November/December 2019 is the one that stopped the pump now. Next will be zone between 8000 and 8200 (roughly). Can be hit within this week. But since any major BTC move requires decent amount of liquidations, I believe...
Bull flag forecasted on April 17th made its work ✅ Now possible another one. While ETH stay above 255 it is very bullish. But fall to 250 also won't kill its bullishness too much. 🎯 Resistance 26000 - 26500 - 27500 - 28500 🛒 Support 25500 25000 - 24550 - 24200 - 23600 Keep in mind that at big timeframe ETH is still within consolidation stage. But look...
This review is continuation of previous topic. Since no one read old reviews, decided to create a new one. CME Futures gap closed. Its not a bearish signal, but one of reasons to push price higher now is gone. Bitcoin above ~6100-6130 support. This can be a starting point both for bullish or bearish move. If you check week TF, price was trying to break...
Euro is making a nice head & shoulders and it has all chances to make a STC near the support level. Manage your emotions and stay focused because this is a nice opportunity to make €. Trading is not making big fat wins dayily, if you think like this, the only thing you will get is fat. I hope you enjoy! Have a great week! Stay safe ! €
First of all take a look at week timeframe chart. It is very promising. But what it tells as well is that it is just consolidation channel, so price may swing up and down for some more time. Given buy/long zones are for bullish scenario, where price don't move to the bottom of consolidation channel and slowly start to grow from here. Targets for breakout are...