The counter is currently in a short-term bull cycle (5-wave). It has completed its near-term correction in the form of a bullish flag pattern. We expect the flag to yield a bullish breakout and the pair to subsequently to move to the resistance levels of 1.63466 and 1.64052 for now.
The counter is currently in a descending channel formation. It is at its upper parallel now facing stiff resistance. Hence, we expect the pair to move to the lower parallel for now.
The counter is currently in a descending channel pattern. It formed a wedge at the top end of the range and has made a bearish breakout. Hence, we expect the pair to move down to the bottom end of the range.
The counter is in the middle of a long bull cycle. It has completed its wave 4 of a 5-wave cycle. And it is about to start it's wave 5. It is at its strong demand zone now as well. And so we expect the pair to continue its bull cycle.
The counter has just broken out of a descending triangle setup. It is currently consolidating just below it. Hence, we expect the pair to continue its downtrend in the short-term.
After a long struggle bitcoin has validated its topping out formation. It formed a descending triangle pattern and has made a bearish breakout. Hence, we expect the pair to be bearish in the near-term.
The counter has made a double bottom pattern in the short-term charts. It moved past the neckline and is currently supported by it. Hence, we expect the pair to be bullish in the short-term.
The resistance of 1.62977 proved to be a tough nut for the bulls. It was tested thrice yet was unbroken. Now, the support level of 1.62348 was broken validating a triple top pattern. Hence, we expect the counter to be bearish in the short-term.
The counter is in a bull run- 5 wave formation. Now it has completed its wave 4 and has commenced its wave 5. Further, as the odds of no-deal brexit diminish, we anticipate long-term bull run in the counter. However, if you do want precise entry and exit points, kindly subscribe to our premium analysis.
The counter has made a double bottom pattern, after a strong bearish move. It retraced and tested the broken trendline as well. Hence, we expect the counter to be bullish in the short-term.
The resistance zone of 1.47200 is giving a hard time to the bulls. The pair was unable to cross it after testing it twice and subsequently formed a head and shoulder pattern and broke it. The bulls are fighting back, however, their efforts are capped by the neckline. Hence, we expect the pair to be bearish in the short-term.
The counter formed an ascending triangle pattern and made a bullish breakout. It is currently testing the broken resistance which could act as a good demand zone. Hence, we expect the pair to be bullish in the short-term.
Crude oil, after making a bullish breakout, retreated to the $58 handle. Now it is consolidating via range-bound movements. We expect the pair to remain in the range and now move to the top end of the range.
Bitcoin’s bullish correction has gained traction again. It has hit the lower parallel of the bullish flag and bounced back strongly. We expect the current move to be ABC correction and the wave C to commence from here. So, we expect the BTC counter to be bullish in the short-term.
The counter recovered from the lows the strongly, however, the recovery has been overstretched. Now, it formed a descending triangle pattern and has broken a critical support of 68.406. And so, we expect the pair to restart its downtrend move from here.
The counter has broken off its resistive trendline in the hourly chart. Also, the MACD indicator is also painting all green. Hence, we expect the pair to be bullish in the near-term.
The counter has broken its ascending channel formation. It then bounced back to test the broken trendline. However, it was capped by the critical resistance of 0.84588. It has formed two back to back strong bearish candles. Hence, we expect the counter to be bearish in the short-term.
The counter is currently in a strong uptrend in the short-term. The price has retraced to the trendline which is also coincided by the price action support 1.46304. Hence, we expect the counter to be bullish in the short-term.