current trend short-term up. I'm using fib channel, fibs retrace. and rsi, stoch rsi to determine change movement inside fibs channel. new fibs channel will be drawn when price break( closed candle) red line or lower green. not financial advice.
hey guys. 1.since, 27 june we entered downtrend. 2. downtrend break. 3. left shoulder form. 4.head formation: a)price touched lower than left shoulder went. b)advances from lower point of head is accompany with high volume expansion shown in OBV and volume chart. plus, CMF is greater than zero 5. neckline formed and acted as resistance for...
Xrp/usdt has broke the first long downtrend, and continue it short-term up trend. Now, the price reach the upper line of second downward trendline. (This is observed from 1day timeframe). To confirm the break up or down, I switch to 4H timeframe . Price is hovering on the upper line of the downward trendline . If the price above the x trendline , price might...
This short-term uptrend is walking up the Fibonacci stair carefully. The 10-EMA has crossed above 20-EMA which showed bullish bias. Both 10-EMA and 20-EMA has crossed above the 50-EMA which confirmed the bullish bias. But on the 1 day timeframe, we still need to wait for 10,20,50-EMAs cross above 200-EMA to have long-term bullish movement. This is just my...
Let’s see if RVN/USDT can break up from the neck line. Need to observe the volume on the break up to confirm the break up. Not financial advice.
during writing, 10 and 20 MA is almost touching each other on 1H TF. if the 10 MA crosses under 20 MA, this will be the first warning of reversal price trend. later, if both 10 and 20 MA cross under 50 MA, then reversal price trend will be confirmed. this is not financial advice.
On 4H timeframes, XRP is on slow and steady upward move toward the upper part of a downward channel. Lets see what will happen at the candlestick as it is approaching any of the trend line drawn. This is not financial advice.
hello. in this TA I used fibonacci retracement, trend channel, horizontal support and resistance line to predict price action. 1. 0.618 level ( Fib A) has been tested two times and closed above it. this level also the first support on channel 1 which might confirm 0.618 level (fib A) as a strong support. 2. if 0.618 level (fib A) hold and price break up through...
Price might move towards resistance first pink line This is not financial advice
Now, price is hovering on the support A and might break up above the trend line A. On the daily chart, the MACD line is above the signal line which is bullish. But if the price break down through support A, the price breakdown might stop at support B for a while until futher reversal or continuation chart pattern is formed. This is not financial advice.
My next price target will be the 1.272 trend-based extension line drawn on this 1H chart
HnS formed on 1H chart. Might retrace to at least 0.618 fib retracement line( 0.311++) Bearish harami is forming. The MACD line is going to cross below signal line on 4H chart which means downward move is coming.
Price break 0.786 fib retracement line and touch 1.272 fib retracement line.
price might bounce up from 0.382 fib retracement line to the previous target I posted.