Eth beats bitcoin at price performance looking at last bull run. Trade confluence for the time frame(4hr): 1.Break out and Retest of previous structure. 2. 20MA crossing the 200MA 3. Support on the 200MA 4. The 200MA and 20MA in a squeeze 5. Hammer candle stick formation and a follow through
BTCUSD ended pervious week with a double bottom on the weekly time frame (trend reversal signal) slightly below the 200MA, this is important because in the history of Bitcoin it has never traded below the 200MA on the weekly time frame and stayed below it ever. This will be the bedrock of the coming week as Bulls anticipate for bitcoin to quickly go back above...
Based on "current market flow", the break and retest of previous structure and a complex pull back on the time frame, rejection of 50% fib level, there's probability to continue lower.
Break and retest of previous structure, complex pull back on the time frame, retest of 50.00% fib level, there's probability to continue higher.
Break and retest of previous structure, complex pull back on the time frame, retest of 60.80% fib level, there's probability to continue higher short term.
Break and retest of previous structure, complex pull back on the time frame, retest of 60.80% fib level, probability to continue higher short term.
Break and retest of previous structure, complex pull back on the time frame, retest of 61.80% fib level, there's probability to continue higher short term.
Break of structure, there's probability to continue higher short term from a breakout view point.
Break and retest of previous structure, complex pull back on the time frame, retest of 61.80% fib level, there's more probability to continue higher short term.
Break and retest of previous structure, complex pull back on the time frame, retest of 61.80% fib level, there's more probability to continue higher short term.
Break and retest of structure, complex pull back on the time frame, retest of 78.60% fib level, there's more probability to continue higher short term.
Looking at current GBPUSD trend and pull back and rejection on the 50% fib level on the time frame, there's more probability to continue higher short term.
Looking at current trend and pull back on the time frame, there's more probability to continue higher short term. I think BTCUSD found support at current price short term.
Looking at current trend and pull back on the time frame, there's more probability to continue higher short term.
Looking at current trend and pull back on the time frame, there's more probability to continue higher short term.
NZDUSD hit a support and I think it should go up short term from here
Looks like NZDUSD peak at resistance 0.66625 visible from it Daily. With a clear double top which is a potential change in market sentiment. We will be going short with targets around 0.64490. Entry: NOW TARGET SUPPORT: 0.64490