MuhammadZaeemMian

MuhammadZaeemMian

Hello trading view peeps. Just saw a potential head and shoukders in the 1hr timeframe. 32500 resistance level needs to hold for this pattern to confirm and remain valid. The upside target is around 40-42k. Should recieve confirmation and rejection soon. In case of rejection either a double bottom or lower low

MuhammadZaeemMian

The bottom of the recent corrective move has almost confirmed the cup and handle reversal pattern. Be prepared for explosive moves in the next 24 hours. Confirmation will take us within touching distance to the ATH. Trade carefully, markets are extremely volatile these days and it wont take long for either confirmation or rejection. Peace

MuhammadZaeemMian

Hello fellow Traders and Community members.Hope you’re all having a great week. REN seems to have started the ascent from the bottom of the recent correction below $0.4 and is now trading around $0.5. In my analysis I have determined that this could be the last leg in the parabolic 5th wave up from the Covid-19 crash. As such using the high and low trend lines we...

MuhammadZaeemMian

Hello trading view community hope you guys are having a great week. We seem to find BTC in a range bound consolidation from the mid to low $11000s. While the price will continue to trend down for a week or more toward $11000, a great deal of similarity can be seen with the previous move up from 7k to 10k. Where we were consolidating towards $9000.We Can see the...

MuhammadZaeemMian

Hello fellow traders. Let’s keep this short time frame analysis short. Either we breakdown to $11200 or below in a continuation of the corrective wave down or we follow this slightly messy H&S up past $12000. I personally favour the latter but the former is as plausible as well. If we breakdown from the shoulder the move to 11200 is increasingly on the cards Let...

MuhammadZaeemMian

Hello TradingView community, hope everyone has been having a great day. As many of you may have noticed that REN has formed a consistent trend channel on the lower time frames. However the consistency of the intra trend bounces is truly surprising. For the last couple of days or so every bear move has formed a 58 degree angle from peak to trough whereas every...

MuhammadZaeemMian

Hello TRading view community, I hope this post finds you in good spirits. After a short period of indecision BTC/USDT Seems to be at a crossroads. While we have recently been in the green parallel uptrend moving back toward $12000 the failure to reach the top of the channel has created a situation where a bearish trend channel has also been formed by the more...

MuhammadZaeemMian

ERD/USDT is set to break to the downside with a potential target of 0.9 cents and perhaps even a bit further. The chart seems to be printing a head and shoulder pattern with the top around 0.017 and the shoulders at 0.015. We have dropped from the right shoulder and even though regaining that level may be possible I find it highly unlikely. In my opinion a...

MuhammadZaeemMian

The price may be threatening to break up back to $10000 level the longer it spends at these levels. However at the same time 3 major Bearish chart patterns seem to be converging. The overarching pattern formation looks like quite a solid Bart pattern as explained in the linked article last attempt at the top 2. We seem to be at the right edge of the cliff wall...

MuhammadZaeemMian

The levels I mentioned in the previous analysis remain valid however I feel I erred in the time frame of the move down to $7700. The move down however should have been drawn steeper taking us about 2 weeks. The price action leading upto and within the descending triangle seem to be indicative of a BART pattern with a breakdown taking us back to base of the...

MuhammadZaeemMian

Hey guys. Just been observing a descending triangle pattern with a base at about 8700. There have been violations of the pattern on either side albeit larger on the bearish side. It seems like this will be the final serious attempt at retaking $10000 mark and a close above $9600 with volume would suggest atleast a retest of the $9800-10000 range. This for me is...

MuhammadZaeemMian

On a short time frame it seems like we might see an inverse H&S topping at 9600. Good luck

MuhammadZaeemMian

Hello fellow traders. The current price trend has violated the previous analysis. That’s not to say that this chart pattern might not be significant at the eventual top however it seems clear that this may not be it. Today’s impressive price action , moving us above the red triangle has Signified that the bullish sentiment ( and the whaling sentiment it seems)...

MuhammadZaeemMian

Hello fellow traders. This is an update to my previous weekly analysis on BTC. The head and shoulders on the hourly chart didn’t play out however that was merely the shortcut down, the trend has tended downward overall since the recent peak. Now as the red circles indicate top formations for BTC tend to be quite volatile with very long wicks. The top near...

MuhammadZaeemMian

Hey guys this is a supplement to the weekly analysis I published about a potential bearish setup on the weekly time frame. It is linked below Herethe potential head and shoulders I mentioned is illustrated with the base at 7800 with us currently on the right shoulder. Do check out the first idea and comment your opinion.

MuhammadZaeemMian

Hey guys this is my first idea and for sake of full disclosure I am not a professional trader with vast experience and I don’t earn my living from trading. Purely a hobby crypto trader same as the most of you. I was looking at the hourly chart and saw a potential head and shoulders developing down to 7800. Didn’t think it had much significance apart from an...