NasanjargalOTG

NasanjargalOTG

AUD/JPY has bounced on FIBO 0.618 and daily support,

NasanjargalOTG

Price action feel bit weak but there is some buying setup is formulation on day chart.

NasanjargalOTG

Currently, price action is forming the correction pattern. It's possible to breakout could dumb till 37500

NasanjargalOTG

As you can see there is bearish diamond pattern is forming in 15min time frame. The price action has already touched multiple times on top side of the downtrend channel. Those are enough confirmation for shorting on ETH.

NasanjargalOTG

BTC has achieved critical resistance which is 38000. In my opinion, price will pull up to 39-40k level and we can't expect nothing more than that because there is very strong down trend line up there. I will short BTC from red marked area to 33700-34000.

NasanjargalOTG

BTC price action is ranging between 35500-34500 and making lower lows. As we can see it's forming bullish divergence but I am still bearish on BTC.

NasanjargalOTG

On the bigger timeframe price action is in a descending channel , If the price stays in this channel, $380-$410 will become a great buy zone.