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The more I look at Bitcoin's price action, the more bearish I become. If I've learnt something trading for 20y is that things like "look, here is support, I will stay here all week for all to see, buy and MAKE MONEY" are in 99% of the cases traps. Besides, I saw a lot of analyzes arguing an H&S, for us to speak of an H&S the price needs first to pass...
Bitcoin is moving below EMA100 on bearish momentum for the first time since May. Hit LIKE to start reading now and let's get started! When Bitcoin moved and closed below EMA100 in May, we had the strongest correction of the year. Now, Bitcoin going below EMA100 can signal that something similar can show up. We have bearish indicators. The MACD is below zero...
GBPCHF is near the completion of a "Bullish Harmonic Crab Pattern" Watch for a potential reversal near the support blue area. Targets: 1.2326 1.2412 1.2534 Thank you and Good Luck!
Hello my friends, today I want to talk with you about EURO and BRITISH POUND. Price is close to upside of channel now and started consolidating there. In my opinion EUR can make some impulse after that. We will have good signal to buy if price will break upside of channel. Resistance (0.87000) can be our main target in that way. This is article not financial...
Welcome to this quick update, everyone. BTC is hovering above the 100D Moving average which is around 54400 at the time of writing. Keeping in mind it holds this level by the daily close, it's highly likely we will see some good rallies soon. ALTCOINS in BTC pairs are doing well lately because of the decline in BTC dominance. Let's wait for the daily close and see...
Over the last two weeks, OCEAN has seen some nice bullish moves. However, these moves have failed to pierce through the top dynamic resistance level, causing a minor bearish correction after. However, these bearish bounces from the support have been getting less intense and are quickly bought up by investors. This pattern is an indication to me that we will soon...
After breaking under the huge flag's support that I've spoken about 2 weeks ago, AudUsd has continued its descent breaking under 2 more important support. However, at this moment, the pair is in a strong buy zone and, considering an almost straight fall of 500 pips, a correction is needed. I will look for opportunities to buy this pair for a rebound to 0.73 zone
Hello my friends, today I want to talk with you about AUD again. Price is still in perfect downtrend. I'm waiting that AUD can reach our first target earlier than I thought. If price will break it, we can open one more short position. As a next target we can take that level (0.68000). This is article not financial advice, always do your own research. If you have...
Hello everyone: Today let's analyze the Japanese YEN market from a multi time frame analysis. Higher time frames to lower time frames point of view. Specifically I will do a full on price action analysis and will also look back at the previous Feb 2020 period during Covid-19 sell off. My general view and bias on the JPY pairs are bearish, looking to continue...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for BTC, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
As we can see price is in the range zone here near resistances of trendlines that are main resistance zones now technically we can expect more correction here and only if 53K support break price can dump to 50K support zone but this range zone near the resistance zone is a good sign and soon we can expect breaking this resistance zone and pump to targes like...
After the price tested the top of the "Ascending Channel" pattern on the daily chart, we can see the formation of a very nice Head & Shoulders. This reversal pattern is pushing the price down and the probability is very high that we may see the price testing the support line of the channel again before moving higher or lower. From the support area, the collected...
There is no doubt here, XLMUSDT is full blown bullish mode. Since yesterday, XLMUSDT went from trading below EMA300/100/50/10/MA200 to trading above it. So today we have a candle above all these levels. This one looks like the other USDT pairs. There are no surprises. We had months of consolidations. Years to prepare... Make sure to work on your strategy to...
Hey everyone, it´s been a while since I posted some public updates on major cryptocurrencies so here is one. Today after such vollatility and bearish sharp claw on lower time frames I just wanted to point out forming bearish divergence on the Weekly chart for ETH/USD pair. 4K support should not be broken (Weekly closing) in next weeks to invalidate this...
So. Bitcoin is down -40% from the November 10 High (and All Time High (ATH)) and once more the market is on full fear mode. This is not the first time we have come across a sell-off like this, in fact we can argue that such big pull-backs are a necessary process during a long-term bullish trend and have historically paved the way to even stronger and more...
The price does not break the downward formation. I am waiting for the breakdown of the local minimum and the continuation of the price fall to support 1751 (strong support level) Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
Analysis on #EURAUD The market soon will reach its strong weekly resistance where I expect the market to move to the downside. if the market move to my resistance zone I will then drop a one-time frame looking for a bearish reversal pattern to get in a sell trade with a good risk to reward entry. like and comment will be hugely appreciated, thank you so...
Some much needed correction is taking place on the BTCUSD (Bitcoin) pair... We welcome the correction as we know exactly what comes next. As Bitcoin removes the weak hands our lovely/awesome Altcoins are starting to grow strong. Money leaving Bitcoin is going straight to the Altcoins, so make sure to do the same. Once the Altcoins stop and take a break,...