youngbossy

youngbossy

Hi guys, let's take a step back and walk through the price action of XNOUSDT (Nano) to see what it has in store for us. We'll start the technical analysis of Nano (XNO) vs USDT from the monthly timeframe down to the 4-hourly to gain a broader perspective on its price action, allowing us to anticipate trends both in the long and short term. Monthly Timeframe:...

youngbossy

I've been following AUDUSD closely, and since February 2021, we've been in an extended downtrend on the monthly timeframe. However, for the first time, we saw a break of structure (BoS), as the September monthly candle managed to break and close above the previous monthly LH. This break of structure is notable, as it could indicate a potential shift in the...

youngbossy

Where really is Nano headed? Well, I don't know but hoping to see what price is telling us so we know what to do if some certain move we anticipate happens. Let's start by unravelling this mystery from the Monthly timeframe to get a holistic view of the price action. Monthly Timeframe Since May 2021 when price got to $17.7+ we've been in a continued down...

youngbossy

Looking at NUBUSDT , let's do a top-down analysis starting from the Weekly down to the 4Hourly timeframe to see where price is headed. Weekly Timeframe For the first time since the listing of NUBUSDT on Gate.io exchange, we're starting to see what looks like a break out of the down trend which lasted for about 24 weeks since its ATH (All Time High) in...

youngbossy

On the monthly and weekly timeframes, Bitcoin seems to be forming a continuation pattern which might push the price up to a new ATH (All Time High). While this is good news for Bitcoin Hodlers, I personally would only be looking for buy positions once the price breaks and stays above the 74k price line. The reasons for this decision is as follows: Bitcoin...

youngbossy

A nice head and shoulder formation with a retest of the slant neckline before heading down. Trade this set up at your own risk.

youngbossy

From the above chart we can see what seems to be a Head&Shoulder pattern with a double Tops Head. This seems to be a very strong reversal formation and also considering the fact that the only time the 0.9200 Support (round number) was briefly broken was far back in 15th January 2015. After Price recently traded under 0.9200 (acting as resistance) for 8 weeks,...

youngbossy

The the chart we can see a clear reversal pattern (Double Top) formed, and also a break through the up trend support that has held for days. We see that Price is about testing the 0.66177 horizontal support, at this level, I'm expecting a little rejection to the upside before finally breaking breaking through the horizontal support to the downside. We can make...

youngbossy

From the chart we can clearly see a reversal pattern formed ( Double Top), and also a break through the up trend support that has help for a long period. As clearly seen, price is about testing the 0.66177 horizontal support. At this level, I'm expecting a little rejection to the upside before finally breaking through to the downside. We can make our entry with...