bestfarbit74

bestfarbit74

if you followed my last publish on DOT you can see price pumped after breaking the line and hit all my targets. now a correction make sense after those spiked candles and this correction could be flat or dive deeper. however price rang need to hold 5$ level if we want to see more uptrend. closing below 5$ is not good. so if you looking for new buy entry,...

bestfarbit74 Updated 

price has formed inverted H&S signs for bullish trend. we can wait for breaking the trend line and 200MA upward or wait for pulled back from retesting the area downward. main target would be around 5$ with the possibility of keep moving upward to gain more targets. losing 4.4$ on the other hand may see more decline to next support level around...

bestfarbit74 Updated 

the price has already lost 92% of it's worth from last ATH. dropping between 5$ and 4$ means over 95% losing. and make sense after all those big sell off, we can expect for new bull trend in days and weeks coming. I believe if the price can close above the red supply zone we may see a big pump upside and more upward pressure in short to mid term. so...this...

bestfarbit74 Updated 

from my last analysis until now (linked down below) price still trapped into the ascending wedge, hovering over a local trend line moving in the ranged zone. although we had lots of chances for scalp trading but the main move not happened yet. so price can keep moving between 2 edges of our wedge tending to test the blue area around 1845$ in days...

bestfarbit74 Updated 

the price started to rise up after my last update as expected. now it's moving between two important area as demand and supply zone. So...I'm not giving any short or long position setup right now but it's important to know if the price can close above 137 resistant level has a chance to move up. we should know in longer time charts the main trend is still...

bestfarbit74 Updated 

Polkadot has been bearish recently more than some other Alts. now with sideways move in a ranged area has a possibility to take a move upward at least for short term. to aim that price need to break and close above the trend line. if that so we can expect uptrend to test between 6$ and 7$ in short term. Enjoy the market #WOMAN. LIFE. FREEDOM

bestfarbit74 Updated 

the strategy is simple to follow. if the price closed below the baseline and the local trend line we can set our short position. the target is around red zone on the chart. closing above 1.059 has more chance to test upper level around 1.072. so you can manage your stop loss based on those levels. Enjoy the market #WOMAN. LIFE. FREEDOM

bestfarbit74 Updated 

the red zone on the chart is our main area to support the price to drop. if this area and the trend line hold the price upward we can expect short term upward pressure with the target levels on the chart. in the case of loosing the support area around 15700$ would be very important support area to prevent another deep drop. Enjoy the market #WOMAN. LIFE. FREEDOM

bestfarbit74 Updated 

price is moving into ascending wedge formed as you can see on my chart. so I expect to keep moving in the ranged area for a while before next stronger move up or down. if you followed my last publish on gold I mentioned around 1800 level we have important resistance. now is hovering over around the level. more support and resistant levels are on the chart...

bestfarbit74 Updated 

by getting more strength on JPY index now this pair has strong chance to drop. so based on the strategy on the chart if the price break the dynamic support level or the trigger level, downward pressure has chance to continue more. if you set short position a proper stop loss would be above 149.5 level. we also could have more sideways hours in to the area...

bestfarbit74 Updated 

the strategy is pretty simple. if the price keep moving to the sideway area and closed below the trend line we can set our short position. target levels are on the chart. by the time your position triggered the stop loss level is closing above the trend line or above 1.404 level each one took placed first. Enjoy the market #WOMAN. LIFE. FREEDOM

bestfarbit74 Updated 

price is moving into a descending channel, seems the longer charts is forming bullish trend. at the moment it is hard to say price will break the channel upward or drop to the support area first. so I draw a dotted baseline as you can see on the chart. closing below the line has more chance to drop into the support area, however if the price could manage to...

bestfarbit74 Updated 

EURUSD has formed inverse head and shoulders as it clear on the chart. also price is hovering over around 200MA for a while. it could bounce back down one more time to gain more strength to pump or can break the 200MA and resistance neckline upward with no correction either the first or second scenario for now it seems more bullish. the suggestion stop loss...

bestfarbit74 Updated 

fundamental view: in last 2 world cup 2014 and 2018 between JUN/JULY if you check out you can see market had more positive signals for uptrend on Crypto and stock market. also around US. election we can see same outcome. meaning this month could have same sequel. technical view: monthly chart below shows MACD histogram is decreasing. in last periods every time...

bestfarbit74 Updated 

Considering the crypto market now is in bull trend it make sense DOT could finally have a strong move upward in days coming. support and resistant levels are on the chart. Enjoy the market #WOMAN. LIFE. FREEDOM

bestfarbit74 Updated 

Reasons I'm long on Bitcoin: on the daily chart below we can see a big wedge formed from last ATH until now. also price is moving ranged between two important 200 & 300 weekly moving averages <<<<<<<<<<<<<<<<<<<>>>>>>>>>>>>>>>>>>>> those signs tells us price is moving near to a very big and important support level between 19K and 17K. I'm not saying price can...

bestfarbit74 Updated 

gold has lost a very important solid support level. this level hasn't been broken since JUN 2020. by the time is moving into a local daily channel. we also have a hidden gap in lower timeframes caused by last daily long Bar candle. so either this gap needs to fill or continuing the drop the next important support level that price may hit would be around...

bestfarbit74

in my last chart update as you can see I mentioned about strong demand zone to hit before pushing the price upward. however we should consider Market makers always look for a chance to liquidate specially retail traders. as it clear after liquidation below my demand zone price pumped because it had to. right now I expect more upward pressure at least to the...