AzizKhanZamani

AzizKhanZamani

Hello Traders, BTC update on the larger scale, we could be seeing yet another descending triangle after this parabolic rise, Points to consider: - Parabolic rise into descending triangle - Completion of possible wave 5 - Three Touches confirming price resistance, macro lower highs - Volume Tapering off in a similar fashion - EMA's looking to turn bearish -...

AzizKhanZamani

Hello Traders, Today's Technical Analysis will be on LINKBTC with its decent retracement from its blue sky breakout. Points to consider - Held support at the .618 Fibonacci level (Fib levels are only considering body candles not wicks in this TA) - Three touches confirming trend line - Structure has been putting in lower highs and higher highs - Potential...

AzizKhanZamani

Hello Traders, Update on BNB's recent price developments, Points to consider - Still respecting the 4 hr uptrend when zoomed out - Broke key resistance (Green Zone), now turned support - Price initially rejected at $31.80 area and retraced to the .618 Fibonacci line - RSI respecting up trend - Volume slightly declining BNB needs to break current resistance...

AzizKhanZamani

Hello Traders, Update on BTC, Bullish in the short term time frame ? We could be forming a falling wedge, which typically is a bullish pattern. Points to consider - Overall there is a bull trend on the 240 - Strong support Zone at .382 Fibonacci - Resistance at .50 Fibonacci with EMA's in conflunce - Tightening Price action - Volume noticeably dropping -...

AzizKhanZamani

Hello Traders, Points to consider on today's chart BTC/USD - Bullish trend over all but signs showing for reversal - Current resistance at 0.618 Fibbonacci Zone - Current support is at 0.5 Fibbonacci Zone - Stoch on downwards momentum - RSI on down trend hitting resistance - EMA's and Volume currently Nuetral BTC is still in a macro down trend, a move is...

AzizKhanZamani

Hello Traders, Thesis on BNBUSDT, flex zone approaching, equilibrium playing out... Points to consider - Overall daily trend is bullish - Stoch is neutral - RSI neutral - Equilibrium is playing out on the 240 time frame, a breakout any direction is possible - Volume declining, signalling a breakout - Fib retracement to .618 acted as support, right now...

AzizKhanZamani

Hello Traders, New thesis on BTC. Points to consider: - Bounce from support level into resistance - Resistance being in confluence with the Fib line (Major confluence and key level) - Bitcoin needs to break through to put in a macro higher high - However, low volume, potential bearish divergence - EMA's acting as support - however not looking strong - Stock...

AzizKhanZamani

Hello Traders, New Thesis on BTC, Points to consider - Resistance at $10,800 - $11,000 Zone - Support at $9000 - $9200 - Stoch on downwards momentum - RSI on downwards trend respecting resistance - Bounce from support straight into resistance, .382 Fibonacci Retracement acting as CONFLUENCE - EMA's acting as support but looks weak - Volume is declining,...

AzizKhanZamani

Hello Traders, New Thesis on ETHBTC, Points to consider, - Major support broken, - Lower lows market structure - RSI neutral - Fib extension target met - VPVR volume transacted extremely low in this area - Volume climax candles present on 4hr time frame - Stoch still on down wards momentum ETH needs to rebound where it is able to retest resistance,...

AzizKhanZamani

Hello Traders, New Thesis on LTCUSD, Points to consider; - Uptrend Broken - Broke major support, now testing as resistance - Stoch crossing bearish - Volume climax on 4hr time frame - EMA crossing bullish, insignificant with all bearish indicators - RSI neutral on 4hr time frame LTC needs to break this major resistance for it to continue its uptrend,...

AzizKhanZamani

Hello Traders, Apologies for the inactivity, New Thesis on BTC, points to consider; - BTC bounced from previous support zone at approximately $9000 - Running into resistance zone at approximately $10800 - $11000 - EMA's crossing over bullish, but this is insignificant considering all other bearish indicators - Stoch topping out, downwards momentum in play -...

AzizKhanZamani

Hello Traders, New Thesis on BTC, Points to consider here are, - Potential Inverse head and shoulders pattern playing out - RSI on an upwards trend - Right shoulder volume declining, which is common in H&S patterns - Neckline has been acting as strong resistance, high volume move imminent - VPVR showing low volume of transactions after resistance BTC...

AzizKhanZamani

Hello Traders, New Thesis on ETHBTC Points to consider, - Potential Inverse head and shoulders playing out on the 1hr time frame - 12 EMA riding as support in to strong resistance, this needs to break for the head and shoulders pattern to be confirmed - RSI on uptrend with strong support - Volume declining on right shoulder - VPVR showing low volume of...

AzizKhanZamani

Hello Traders, New Thesis on BTC, We may have had a blow off top and potentially be in the complacency stage of the Wall street cheat sheet, Points to consider, - Parabolic rise with a pull back of over 25%, the reaction rally which was expected - The rally was short lived with below average volume - Fibonacci target of 0.618 From daily ATH was met,...

AzizKhanZamani

Hello Traders, Update on BTC, Looking at the current chart of BTC paints a picture that the parabolic move maybe over, Points to consider: - The 0.168 Fibonacci has acted as resistance, we did see a fake out, but the level was well respected - Stoch momentum is on the downturn on the daily - Fibonacci extension show us a potential target at 1.168 level...

AzizKhanZamani

Hello Traders, LTC has taken a beating from BTCs parabolic phase, points to consider here are - Lower highs coming down from the daily trend line - Rejection from the .618 Fibonacci line - Fib extension target at 1.414, potentially setting in a double bottom - RSI oversold - Supports are being broken across all ALT markets in BTC value I think as BTC...

AzizKhanZamani

Hello Traders, My thesis on BTC Dominance, Looking at the chart we see BTC dominance is currently at yearly highs and showing no stopping. An area to look out for is the .50 Fibonacci retracement where the dominance with some probability could top out and reverse. In historic price action, this often leads to an ALT coin season. The current ALT coin market...

AzizKhanZamani

Hello Traders, My new thesis on BTC, Points to consider, - Potential double top on the 240 timeframe - Volume climax saw bears take control over bulls - Perfect rejection from the .50 Fibonacci ($11483.4) which is on CONFLUENCE with the 1.618 fib extension from swing high to swing low - A large bearish divergence on the daily timeframe, RSI making lower...