Penhan

Penhan Updated  Apr 21, 2024

This is my idea about usdt.d , Tether's dominance can drop to 3% after a little bounce in this area , this level is an extension fibonacci of 0.786 that is equal to a psychological support. good luck and happy trading

Penhan Updated  Jan 20, 2024

How about a bullish butterfly pattern on Bitcoin chart ? Can it be the reversal pattern on long term ? See the comments below for more info

Penhan Updated  Jan 20, 2024

Hello everyone , this is new roadmap for bitcoin after 1 year , previously we had this long term setup for btc and now we are close to another potential long term trade from the green zone. This is NFA and you better keep an eye on S1 , be advised in case we break the curve resistance , this analysis will not be valid anymore. Good luck

Penhan Updated  Jun 13, 2022

This is a bullish potential on 200 weekly moving average , it never broke before but violated for 2 times ! look at the picture on chart or the comments! I've been waiting for this moment for long time , just ready for 22k to 25k . This recommendation is just for spot and not for future or leveraged tokens. Bitcoin can violate this area and drop more to 20 or...

Penhan Updated  May 29, 2022

So , this asset has now reached to a reversal point which could be a strong bullish signal . Previously , 1700 - 1800 zone was the support that Ethereum went for an ATH from it . ETHBTC chart is published in comments . Good Luck!

Penhan Updated  May 3, 2022

Bitcoin just reached to 200 daily moving average and also the D point of multiple harmonic patterns ! In these prices we see lots of long analysis after the moving average is violated , but I think this is a good place to take a small short position and reduce a little bit of other open long positions that I have , such as Hbar or Doge , see the analysis in...

Penhan Updated  Apr 19, 2022

This asset has now reached to a point of reversal and can reach to following targets .

09:22

Penhan Apr 15, 2022

This video is a review of my analysis since 24-dec-2021 I have my own analysis style , result of this style is 76% win rate. 💪💪💪

Penhan Updated  Apr 5, 2022

Hedera could reach to following targets in case of breaking R . But as I always say : "Good setups can be found if you find them before others !" , so that's it , load zone is here !

Penhan Updated  Apr 5, 2022

This asset has a very small distance with MA200 weekly , Litecoin is gaining bullish momentum in load zone of the yellow harmonic pattern. Great Risk / Reward is waiting right here ,tight stop loss is risky , so Check for further updates .

Penhan Updated  Apr 5, 2022

Dogecoin , The Iranian beloved asset , is now in great position for some green candles , Dogecoin violated the load zone 3 days ago , this analysis is valid for 2 month from now. Hoping to get some targets . Good Luck

Penhan Updated  Apr 3, 2022

The asset is now above a great load zone and broke a long term bearish trend line. So we can go long here . Take care about 100 daily moving average . Good Luck

Penhan Updated  Mar 28, 2022

BTC now can complete this extension pattern , as far as I mentioned on this Idea we can not name a harmonic before it appears , but we can talk about probability ... So in this case we go up to 42k , there we have a strong resistance , after a while , price can violate this resistance and grows up to 46k. And then I will update this Idea. This in NFA and be...

Penhan Updated  Mar 20, 2022

The asset has now reached to a reversal zone and can be bullish , see more on comments !

Penhan Updated  Mar 19, 2022

This asset has now the potential of getting to following targets. Be aware : STOP LOSS is dynamic , under S1.

Penhan Updated  Mar 11, 2022

Ripple has now arrived to a strong support and can breakout to following targets . Harmonic patterns plus other styles of technical analysis are used to draw such a painting ! So let me explain what we have here: A dynamic-triangle buy zone that is designed to buy on the bottom of bullish channel . 200 Daily Hull moving average , strong support at 0.65$ for...

Penhan Updated  Mar 2, 2022

Now Bitcoin has violated its head and shoulder's neck line and in case of closing a daily candle below 46000 range , it can crash and go for MA 100 in weekly timeframe for first step. But be aware of the bottom of bullish channel , it can act like a support or even changing the trend ! To be said , MA 200 in weekly timeframe is calculated by a few logical numbers...

Penhan Updated  Feb 28, 2022

Due to the confliction between Ukraine and Russia , I decided to look back in to the history , and see what happened to Bitcoin , Gold and SPX when we had war or confliction. Here is the list of the wars that I mentioned in the chart : ( I understand of the ongoing wars and some other I did not mentioned ! ) 1 . Iran shoots down US drone aircraft 2 . ...