Hi guys! 👋🏻 🔔 EUR/USD is traded inside a downtrend channel. The price action of June 25 has formed an expanding ending diagonal pattern, which is yet to complete its formation. 🔔 4H EUR/USD chart, whereas the RSI is near the oversold level, hence to balance the strength, EUR/USD might retest 1.17700 before it continues to proceed downwards to complete the...
Hi guys! 👋🏻 🔔 FOMC announcements are important today. The most important note expected from the FED Chairman would be announcement of the tapering asset purchases by the FED. The no-clue tapering asset purchases date might play a negative role to the US Dollar Index and since there will be a volatility, USD/CAD may jump to $1.2890 level and retrace to $1.2720...
Hi guys! 👋🏻 🔔 There is a strong support zone at $43000 and $43800 levels which Bitcoin tested and for now keeps above them. 🔔 This support area is also backed by EMA50 and MA200. First strong retest is at $48000 if closes above then will reach the $51500. www.tradingview.com 🔔 Keep in mind that $52900 is a Fibo 0.618 of April 13's correction, so for new highs...
Hi guys! 👋🏻 🔔 Currently watching this rejection from the dynamic support of the uptrend channel, which was tested as resistance 🔔 There is a strong support at $46300. If that support is overtaken, the price may fall deeper to $43800 and $42500. 🔔 Although, if the support withholds, we can expect a jump to $51.2K and $53K. CME BTC futures expiry are set for...
Hi guys! 👋🏻 🔔 I congratulate everyone with overcoming the 50k mark. At the moment I want to pay attention to some similarities in Bitcoin's price, which prompt about the beginning of a small correction before the next bullish movement. 🔔 It is possible that Bitcoin may try to overcome the level of 49800 at night, perhaps even 50,000 and roll back to 48200,...
Hi guys! 👋🏻 🔔 Following this setup for AUDNZD. Looks like the pair will be rejected by the dynamic support which is currently tested as resistance. Not a perfect Gartley pattern is also on the watch. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
Hi guys! 👋🏻 🔔 #Bitcoin was rejected by a very strong resistance. So, fair enough, I believe we should go down to $36430 to test the resistance as support, to touch the EMA50 as support and swing high to $44-$50K 🔔 100MA as resistance, RSI overbought, MACD line on a green histogram and looking downwards, so one last correction pls! ✊🏻 Good luck with your trades!...
Hi guys! 👋🏻 🔔 Euro is below the trendline of March 23, 2020 and tested this dynamic support as resistance and was forced downwards. 🔔 Currently Euro is testing the 1.18400 support line and if closes below, will continue the downfall. The current level is also Fibo 0.786 of the uptrend of March 31, 2021. 🔔 Positive US NFP data might support the downtrend...
Hi guys! 👋🏻 🔔 GBPUSD is about to complete the Ending diagonal pattern to end this correction move. 🔔 There is a Head and Shoulders pattern which is clearly traced on this 4H chart, so keep an eye on that too. 🔔 There are no clear signs of a strong bullish reversal for Pound, although as seen on a larger time frame, it's most likely that GBPUSD will continue the...
Hi guys! 👋🏻 🔔 There were large announcements made recently by Goldman Sachs, whereas the banking giant will be launching the cryptocurrency trading desk as a part of the company’s Global Market Segment. Goldman Sachs will launch Bitcoin futures trading later this month. 🔔 PayPal, which is expanding its crypto offerings in the UK, is assumed to purchase the...
Hi guys! 👋🏻 🔔 Made this chart on Monday and didn't post it here though as had to leave. s3.tradingview.com 🔔 What is going to happen to BTC right now in my opinion is Bitcoin will make choppy moves upwards. Consolidate 🔔 What are three Golden rules? When it's overbought - goes down, when MACD line is over the histogram will go down, every Monday-Tuesday it goes...
Hi guys! 👋🏻 🔔 There is a symmetrical triangle is formed on a 4-hour BTCUD chart. 🔔 Although it might look like that the uptrend is expected and there is a clear ABCDE correction pattern, I'l like to point out on a very important detail here, D didn't touch upper edge of the triangle. 🔔 In a strongly bullish formations like this, usually D touches and...
Hi guys! 👋🏻 🔔 Possible bearish bat spotted on NZDUSD 🔔 There is a strong resistance at $0.70300, must close above that to continue the uptrend ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
Hi guys! 👋🏻 🔔 Bitcoin is testing the dynamic resistance, upper edge of the downtrend channel, breaking above this level could get BTC up to 38100 and 39300 🔔 Waiting for closing above $35000, small correction for retest of this level as support is also possible. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
Hi guys! 👋🏻 🔔 Oversold in RSI, in my opinion, has reached a minimum, the channel was broken, as it usually happens, rather to absorb stops, in general I expect a retest of the upper border of the channel at 34600 🔔 Important resistance levels are also located at 33900 and 32000. We are also watching support at 31000, which Bitcoin will test shortly. ✊🏻 Good...
Hi guys! 👋🏻 🔔 Watch for Inverted Head and Shoulders and Double Bottom patterns on EURUSD 🔔 Confirmation will be the breakout of the level 1.19250 ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
Hi guys! 👋🏻 🔔 There is a divergence in price movement direction and RSI direction. 🔔 Usually this kind of divergence provides a bearish signal. We've witnessed the same on Bitcoin chart several times. Anyways, there are strong supports at 39600, 39350, if these supports are broken - BTC might touch 38100 ✊🏻 Good luck with your trades! ✊🏻 If you like the idea...
Hi guys! 👋🏻 🔔 Sells might continue after a retest of both dynamic and static resistances, head and shoulders pattern on the watch. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.