4H has a small channel. 1H inside a range/consolidation. 1H range/consolidation breakout is probably the better confirmation for direction/entry. Major news at 8:30. So prob will get the breakout confirmation around 9 am or 10 am.
Last weeks high: $66857.53 Last weeks low: $63230.46 Midpoint: $59603.38 The 4th Bitcoin Halving is now complete , the block reward has been cut from 6.25BTC to 3.125BTC . The reduction in reward creates a supply shock that changes the the tokenomics drastically. We now have a situation were miners revenue effectively halves overnight , despite this miners...
Weekly= Bullish. Daily= Bullish. 4H= Bullish. Weekly is in consolidation (Flag Pattern). Daily in bullish parallel channel. 1H bullish pennant breakout currently. Long-term expecting price to reach top of weekly consolidation/flag pattern (1.38800) then breakout to continue bullish movement to weekly zones. 1.41000 & 1.42000
Last weeks high: $71771.20 Last weeks low: $69088.87 Midpoint: $66406.55 Q2 BEGINS! BTC saw a 91.35% increase from yearly open and closed out Q1 at ~71K . A very strong first quarter on the lead up to The Halving now less than 20 days away we have only a few more weeks to get set for the event which historically brings new highs after. Now that we have...
Last weeks high: $68975.9 Last weeks low: $64863.9 Midpoint: $60752.0 Our first major pullback took place last week as BTC saw a weekly low of $60,752 , and notably the weekly high didn't manage to top the previous cycles ATH at 69K which does indicate a HTF Bearish Swing Fail Pattern. The 4H 200EMA providing support on multiple occasions and keeping the ...
Momentum Bullish= Last week broke out of 4h Pennant. Retracement= Rejecting 50% on 4h Fib. Continuation Pattern= Creating Bullish Flag on 1H Expecting price to continue bullish for the week after flag pattern breakout.
W=Bullish. D=Bearish. 4H=Bullish. Daily broke the higher low to become bearish but 4h shift structure to bullish creating an inverse head & shoulders. 4H recently broke the neckline of the pattern. 1H has a pennant formed. Weekly is also bullish rejecting the 50% fib level. Expecting price to break the pennant and S&D zone and continue to upside for long term...
GBPAUD - there was a good correction to 0.5 FIBO which you could see on the chart. Also the zone of eclipse was so close to 200MA and diagonal resistance. The price reach out the supply zone which is strong one and if it breaks the zone, the possible entry should be taken in mind. The best entry is after retesting of the supply zone which may be will become demand...
Last weeks high: $64271.5 Last weeks low: $57579.4 Midpoint: $50887.4 BITCOIN ATH IS IN SIGHT! A crazy final week of February closing the monthly candle with a record single candle gain in the history of Bitcoin! A +52.8% gain in a single month ($22,134.20) . This price action has lead us to a situation that has never been seen before in this markets...
Last weeks high: $52994.8 Last weeks low: $51757.7 Midpoint: $50520.6 Another big week in the world of crypto! As predicted BTC has been ranging consistently between the local high of 53k and the support of 50k . Since Bitcoin has been moving sideways we have seen profits rotating into ETH sending it above 3K and the broader altcoin market. We see this...
Weekly= Bearish Trend Daily= Bullish trend with resistance (Major wick doji) 4H= Head & Shoulders pattern 1H= Head & Shoulders pattern
Last weeks high: $42846.80 Last weeks low: $50286.30 Midpoint: $47725.79 BITCOIN has finally done it! BTC has flipped the all important 49K S/R level and has had a week of confirmation meaning 49K is now major support and a new trading zone has been entered. Last week we saw BTC continue the rally that started the week previously with a near linear move...
FX:GBPUSD The weekly, daily and 4h are overall bearish, with price having retraced to the Daily key resistance area in confluence with the 50% Fibonacci retracement level. entry is based on the 1h bearish engulfing candlestick at daily resistance and also a break of bullish countertrend, retest and bearish engulfing candlestick structure on the 15 min and 30 min...
It's been a while since I published an analysis with a 1h timeframe. Well, the price of btc created a lateral trend (from 30 sessions upwards), establishing two levels in which it moved for a week, then the breaking of one of the levels brought a resumption of the rise and an increase in directionality associated with volatility, with a break visible to all. In...
FX:GBPAUD weekly, daily and 1h are bullish. 1h broke its bearish countertrend, made a retest at the daily key support area with entry being based on the engulfing candlestick on the 15 min
FX:EURJPY The weekly, daily are overall bullish; On the 1h price managed to break its bearish structure at the daily low pushing up and breaking above the 1h key support/resistance level and price making a retest as support the 1h key support/resistance area/zone. Entry is based on the 1h bullish engulfing candlestick at the 1h key support/resistance area/zone
FX:GBPAUD Retest at 1.93333 Daily support area to continue bullish bias based on the daily, 4h and 1h timeframes. Entry is based on the double bottom reversal pattern on the 30 min timeframe.
FX:EURJPY Break below 156.945 daily support and a retest with the 4h and 1h being bearish.