Bitcoin Technical analysis basically on elliott waves Principles and Priceaction Strategy Triangle can be wave Y and bitcoin rise to new high also can be wave x and bitcoin down to 32000$ Just waiting for breakout Wait and watch
US markets are in green, results are coming. yet sentiments are mixed. all we need to stay neutral to catch a big move. don't overtrade traders. best of luck with tomorrow's expiry.
Preferably suitable for scalping and accurate as long as you enter carefully the price behavior with the drawn areas. With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis. And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message.. red lines are most...
Hey traders, EURJPY dropped to key weekly structure support. On that, the price formed an inverted head and shoulders pattern on hourly time frame. To buy the market with a confirmation you need a bull breakout of its neckline. 125.55 - 125.95 is the zone that must be broken. Then buy aggressively or on a retest with the goal 126.9 ❤️Please, support this...
BTCUSD From here to there the price's going 41122.07
We are in wave 2 of 3 Elliotts Wave 2 is being completed in a zigzag pattern We are currently in wave 2 of the last 5 waves of the pattern In my opinion, this upward wave in the valid Fibonacci percentages of the previous impulse wave stops and a 3-descending wave is formed. The important point is that in all the steps of completing this correction pattern, the...
NZDUSD is stuck within a horizontal trading range. Approaching its support the price formed a tiny double bottom formation and broke its neckline. I expect a bullish move to 0.684 ❤️Please, support this idea with like and comment!❤️
The target range is a neutral range. If the price is released from either side, it will move to the next specified level.
Got entry near that green line already, targeting the red area for now. Let's see how this goes.
BTC respected my major trend line nr. 1 and has now made a good bullish push past the 40k level. If we are to continue on a bullish path, we have to see bars on the higher timeframe close above the next major resistance level around 44,5k.
It seems like Bitcoin is making head and shoulder. As you can see in chart left shoulder and head has formed now for right shoulder confirmation will be again rejection from 53k level. For short-time: btc can bounce till 53k level with multiple retest of 42k level. (Stop-loss: close below 47k) For mid-term: If btc close above 53k level and then stable itself we...
Currently btc is moving below resistance trendline and in the range of main support. Break-down from here can bring btc down to 32k and breakout above 52k is bullish in daily time frame. Currently btc is in demand zone from here we can go upward or downward both sides so for clarification we have to wait for further price action. Main support: 40k Bullish...
Welcome day traders and scalpers and the community! Looks like we are drawing a double top on the h15 chart. If you see things differently, write it in the comments. Feel free to request any pair/instrument analysis or ask any questions in the comment section ⛔ STOP and 🤑 Take Profit see in the chart I would like to mention that all I post are just options...
Price Action and chart pattern trading setup > symmetrical triangle breakout with smart money and banker chip volume support > Entry at confirmed breakout or pullback retest candlestick above the triangle support Indicator: bullish RSI above 50 strong uptrend and MACD crossed above baseline RR: 2:1 Target at 0.786 - 1 Stoploss below the triangle Always trade...
Watch out for false breakouts and execute the trade with a trend confirmation The "Diamond" pattern is very reliable and consists of four-sided price action. It is also similar to adding two "triangle" patterns, Inverted and Symmetrical, together. "Diamond" patterns are both continuation and reversal patterns. If the pattern occurs in the midst of a trend, it...
We have currently broken structure from bullish sentiment. I am looking for a continuation to the downside with a target of 153.425 levels with consideration of possible retrace in the zones of 154.500 - 154.812 levels which will line with price action, QP levels, and supply. My bias is short unless the market specifies otherwise.
How it works ? Ask me in comment my chart analysis of the asset you want if it didn't have already done under. If I find something intersting to say and show, I will update the idea with it. A comment of each asset expose will be post under, come react about it or debate. Before to start I want to remind that we are in a period of conflict and news can emerge at...
As it can be noticed from the DAILY timeframe chart, the price has been dropping non-stop. After a strong impulsive move, a correctional move is needed. Therefore, we are expecting for the price to keep rising in the short run and reach the 1.114 area of previous support now turned resistance. Our long-term bias still remains bearish. Therefore, after the...