Ethereum has completed the upside potential and is overbought and now a correction is needed, big moves and big traps are coming. Be smart!!
The price is smelling resistance zone, i'll Close my position here and wait to get pure confirmation to step in next decision, if price can smell R zone, we will step in long term position to get next level, otherwise the big correction will be on the way
the price have been rejected by support zone and pushed up to get direction to have a correctional movement to be touch by resistance zone
NU is struggling between support zones to get great potential to drive to resistance again, this may take a few hours or maybe one day to get this point
GBPUSD have rejected by resistance zone and the correction trend have been end, and the price is now on its bearish movement
This is how price is trending in parallel chanell and we have 2 points: - The price touched the upper ceiling of the trend and was rejected - The price have been rejected ba resistance zone
Several series of support ranges have withstood the pressure and are no longer nervous, and the time has come for them to push the price higher.
The candles have accumulated below the resistance range and I personally do not see the ability to climb to the upper ranges and prefer to go down.
It is gathering strength in the support area for a short throw towards the resistance
The drawing process lines have a complete description of the case
After huge pump, lunc have a little correction, and now its bull again
After deceiving people, the price registered a fake breakout at the top of the trend, and then after removing the stop-losses, it quickly entered its downward position, and now it has trapped many people, and now it is time to climb.
by Zoom out and look at the daily timeframe we can find real destination. - Look at the shadows, it can indicate oversold and high liquidity, But you have to act smartly and be careful of traps and nets that spread news
After the push down the trend lines, the price doesn't have much power to go up and we see that our resistance area has pushed the price down many times and this time it's time to see the New Zealand fall.
the price is draining energy under fail value zone, Last night Daily candle closed as a low momentum green candle, it means the price is getting required to have a correction to low levels
BTC is in a range before market opening and i think there is correction to higher level after this bearish trend,and next we will dump to low levels
Price have been touched FVG zone and now is in down trend progress
This weakly candle is very very very important, there is a scenario that btc is registering higher low in Daily timeframe to push up price, but we should have a look on interest rates cut, its not time to be panic, the market is full of fear, dont sell your BTC to BIG GAME PLAYERS. This analysis has only an educational aspect in the form of a possible scenario...