BTC has completed its triangle formation and is now facing a pullback. The higher time frames, D1/W/M, are showing a great potential bullish trend, which tends to be short in the lower time frames. The 1-hour chart is resetting and preparing for turning back to bullish.
BTC is highly reactive on the fibonecci (61.8%). The market is very comparable to other...
After finishing a long consolidation period in a triangle, ETH is breaking down the formation and turning to retrace. The price is falling from 2257to 2170.
In the ascending triangle, as we see, price finished the ABCDE formation and is ready to rally. The current price range is similar to its previous legs, so an intraday sell appears.
We are assuming the...
After finishing a long consolidation period in a triangle, LTCis breaking down the formation and turning to retrace. The price is falling from 44499 to 42544.
In the ascending triangle, as we see, price finished the ABCDE formation and is ready to rally. The current price range is similar to its previous legs, so an intraday sell appears.
We are assuming the...
After finishing a long consolidation period in a triangle, BTC is breaking down the formation and turning to retrace. The price is falling from 44499 to 42544.
In the ascending triangle, as we see, price finished the ABCDE formation and is ready to rally. The current price range is similar to its previous legs, so an intraday sell appears.
We are assuming the...
Time range is a concept to get the price when market should move very slow. Traders want to find trade in the finest moment and exit the market as quick as possible.
Time range will define the consolidation period. After the end of time range market should start rally to its trend's direction.
To define time range, On the chart we draw a white line. All the...
