On the daily timeframe, we can observe a rebound from the demand zone identified on the weekly timeframe. Additionally, an inside bar pattern has formed, and the price has reached the lower Bollinger Band, coupled with an oversold condition on the RSI. All of these factors suggest a potential upward price reversal.
In this analysis of #ABNB on the weekly timeframe, the price has reached the demand zone marked by the gray rectangle, indicating a potential area of buying interest. Additionally, there is a ("False Breakout") below the lower boundary of the demand zone at 113.23, where the price briefly dipped below this level before returning inside. This false breakout...
Every thing is good after the monthly close yesterday. We are in accumulation for while before continuing to the goal of inverted head and shoulders pattern around 74900-75000 Have a good day.
As I mentioned in the previous idea that we are going to make new all time high. This is an inverted head and shoulders pattern and the goal of this pattern is 75500$ to 76000$ See you there soon!
As we said before first move isn’t for you but the 2ed is yours. Also we put 2 entries to minimize the risk.. 1- At 66000$ levels 2- In the demanding zone (box below) around 62000$ So what is next now? We may face some resistance to keep up price around previous all time high level (P-ATH) But in the end we will achieve this and we will move towards ATH as a...
1st move isn’t for you, But 2ed one is yours. I am waiting 66000 for entering:) Have a good day.
Simple like that. Look for breakout and have a good luck :)