azizelliott

azizelliott

Hi guys! 👋🏻 🔔 Watch for Inverted Head and Shoulders and Double Bottom patterns on EURUSD 🔔 Confirmation will be the breakout of the level 1.19250 ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.

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Hi guys! 👋🏻 🔔 There is a divergence in price movement direction and RSI direction. 🔔 Usually this kind of divergence provides a bearish signal. We've witnessed the same on Bitcoin chart several times. Anyways, there are strong supports at 39600, 39350, if these supports are broken - BTC might touch 38100 ✊🏻 Good luck with your trades! ✊🏻 If you like the idea...

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Hi guys! 👋🏻 🔔 Sells might continue after a retest of both dynamic and static resistances, head and shoulders pattern on the watch. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.

azizelliott

Hi guys! 👋🏻 🔔 Flag pattern spotted on Silver. 🔔 Generally speaking Silver looks very bullish though might continue the correction a bit further. Nevertheless, keep an eye on flags upper and lower edges. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.

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Hi guys! 👋🏻 🔔 Some data to consider: Several Central Banks, including CBs of Hungary, Japan, Turkey and India have increased their Gold reserves in March, total purchases of all banks exceeded 172.2 tones. Central Bank of Hungary purchased 63 tones of gold to hedge from the US inflation, while Turkey, India and Japan CB's are most likely to hedge the risk of the...

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Hi guys! 👋🏻 🔔 Inverted head and shoulders and a double bottom patterns could play out well for a long trade, though only above 0.73 resistance which is very strong. 🔔 Tuesday’s monthly New Zealand electronic card retail sales demonstrated growth in purchases, sales in April were up 4%, which is significantly higher than February’s 0.8%. Despite the positive...

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Hi guys! 👋🏻 🔔 There is a very small gap in CFTC long and short net positions, long positions are increasing, non-reported net positions have 2x more long positions than short. 🔔 Covid19 new waves might support the new bullish for Silver and Gold. 🔔 Both metals tested their respective major support zones and Silver just broke out from the Ending Diagonal. Fear...

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Hi guys! 👋🏻 🔔 The growing number of new Covid-19 infections redound to new public restrictions and State of Emergency declarations in Tokyo, Kyoto, Osaka and Hyogo. There are protest in Japan against the Olympics. Interest rate is still -0.10% 🔔 Japan has the lowest vaccine distribution compared to other countries, thus the rate is 1.6% only compared to the...

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Hi guys! 👋🏻 🔔 Soon after the release of the tweet, Bitcoin price climbed to $56 250, adding 3% to the daily gain of the price. 🔔 On March 14, Bitcoin set a new record high at $61 779 and retraced, not reaching $62 000 long-awaited by many investors. Since March 14 Bitcoin has been following a 10-day downtrend. 🔔 There was a high exchange inflow of BTC on March...

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Hi guys! 👋🏻 🔔 Ethereum is testing the previous ATH as support, bullish sign. 🔔 The scarcity of Ethereum taking into account the fact that the DeFi demand of ETH is high will push Ethereum higher. Breakout from this triangle is a good signal of that next Ethereum bullish run. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for...

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Hi guys! 👋🏻 🔔 Breakout from the ending diagonal (wedge) is confirmed, AUD/USD remains above the resisance of 0.76670, which is a bullish continuation sign for the pair. Although might slightly correct to retest the upper edge of the pattern as support, so keep that in mind. 🔔 The US Annual inflation rate in March exposed 2.6% which is far beyond the FED’s...

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Hi guys! 👋🏻 🔔 Inverted head and shoulders spotted on GBP/USD. The first resistance would be a neckline at $1.38600. 🔔 The second resistance is based on the confirmation of the Double bottom at $1.39880, and the final is the target of the double bottom pattern and February 25th high at $1.41740 ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻...

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Hi guys! 👋🏻 🔔 Bullish flag is being formed on BTC/USD 🔔 The Fibonacci divergence of the latest impulse replicates a support at 0.5 Fibo, however Bitcoin might as well drop to 0.618 Fibo to a massive support around $59K. 🔔 The retest of $59K would be a drastic uptrend signal as it not only holds the dynamic support of the bullish flag but a dyanic support of...

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Hi guys! 👋🏻 🔔 Euro is following an ending diagonal pattern on an hourly chart 🔔 Both MACD and RSI indicators are signalling the short-term bullish continuation of the pair. Whilst the chart pattern analysis suggests that Euro is about to hike towards $1.1990 and $1.21300, closing above the $1.1800 is extremely important, otherwise it would be a retest of the...

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Hi guys! 👋🏻 🔔 Quick one, based solely on levels, indicators and patterns. 🔔 I believe, Cardano after the retest of this dynamic support, will continue upwards to $1.337 and $1.459 🔔 See the daily chart below to trace dynamic supports and resistances. 🔔 Alternative scenario if Cardano today drops (unlikely) below the dynamic resistance it will confirm the...

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Hi guys! 👋🏻 🔔 Bitcoin’s hashrate, and it just hit a record high with more than 166.4M TH per second. 🔔 The hashrate and the price are strongly correlated, as miners expect a higher reward for the higher computational capacity provided by them. 🔔 The previous ATH of Bitcoin’s hasrate was on February 9, 2021 when BTC/USD hit $48 142 setting a new high, and...

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Hi guys! 👋🏻 🔔 NEO USD made a breakout from the triangle and is following a parallel channel for now. 🔔 Neo will eventually close above the upper threshold of the ascending channel and continue upwards, the impulse is great, MACD looks bullish, great support by EMA50 and the N3 of NEO sounds promising. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit...

azizelliott Updated 

Hi guys! 👋🏻 🔔 Silver once again outperformed Gold today by gains, Silver is up just over 1%, while Gold gained only 0.24%. 🔔 According to the CFTC data as of March 9, there is a 20,000 spread between the overall net positions on Silver Futures, with an edge going to short positions. The update of the CFTC data on Silver will be released later tomorrow, worth...