Hello, dear subscribers! Since the previous review, the price of bitcoin has ranged between $32,000 and $40,000. Bitcoin price volatility is gradually decreasing, which is a sign of an upcoming strong price movement. The current range is $36,000 - $38,000. Price fixing outside this range will indicate an advantage for buyers or sellers. In the meantime,...
Hello, dear subscribers! In the previous review, we looked at the bitcoin price decline as the most likely course of action in the bitcoin market. Since then, the bitcoin price has dropped from the $57,000 level to $42,200 and is now trading around $44,500. Current levels at the moment are support at $42,000 and $40,000 and resistance at $47,500 and $51,000....
Gold is currently trapped between 1780-1773 The first scenario, which is the most inclined to be achieved, is to exceed 1780, so it has two purchasing goals: 1805 and 1833 The second scenario, if he breaks 1773, then he has the selling target in front of him, which is 1750 Note: My personal opinion is buying.
Hello, dear subscribers! In the previous review, we marked the current support and resistance levels in the bitcoin market. Currently, the bulls got the levels of $51,000 and $53,000 and the bitcoin price is above $53,000. What will happen next? Bitcoin is in the $53,000 - $56,000 range and according to the MACD and RSI indicators we see a confident rising...
Hello, dear subscribers! In previous reviews we marked the $58,000 level as important for the bulls. Fixing above it will give the bulls a chance to continue the full-fledged uptrend. In the past days, we have seen an active growth of bitcoin from the support level 1 - $51,500 - $52,000. Today, bitcoin price got close to 58,000 and broke through the downward...
Opportunity for a possible 150 to 200 pip short On the 4hr, the market came from a recent uptrend, forming a near perfect elliot wave, and starting a retracement. If the market respects structure then we should see a retracement continuing to form and settle.
Hello, dear subscribers! In our previous review, we looked at bitcoin trading price levels and the battle between buyers and sellers for those levels. The main level that determines the mood of the bitcoin market is 47,000 - 48,000. When the price goes lower the bears rule the market, when the price goes higher the bulls rule the market. At the moment,...
Summary of technical analysis on the USD/JPY: - Fib(0) changed to 106.957 high of 10:00 candle - Stophunting session to grab the selling liquidity - Temporary long ('short squeeze') & then short - Swing is overextended to the upside - RSI pullback to probe above the 70 - Extremely low volume for a new high
Summary of current technical analysis for the USD/JPY pair on the 4-hour chart: - 70 resistance on the RSI with bearish divergence - extremely low volume to the upside - major resistance level on the monthly fibonacci - perceived bullish exhaustion - swing-high fibonacci 0 holding - +1.91% from swing-low fibonacci 1 If you enjoy this analysis, give it a like and...
Hello, dear subscribers! In the previous review, we considered a short as the most likely scenario for the bitcoin price to move from the $56,000 level. The targets for this move were $46,000 to $48,000. As a result, the bears managed to lower the price to $43,000. After that the bulls managed to reverse the movement. The previous support levels became...
looks like EUR/GBP is on a downtrend, likely to continue over extended period of time looks to be fitting into descending triangle
Watch for price action signals at horizontal key levels on the H4 Chart. Wait for a pin bar candlestick or engulfing bar candlestick to form on the H4 Chart.
This Video looks at the trading opportunity that could present itself on the 4 Hour of the NZD CAD. 1. Uptrend Channel Formed. 2. Now at Support. 3. Needs a Strong Bullish Signal. 4. Would trade to Resistance of Channel. 5. Trade would be in sync with the overall Uptrend of the Daily Chart 6. Always better to trade setups that are in sync with the Market...
Hello Community! Before we begin, hate it or love it, please support my idea with a thumbs up and a comment. ONE/USDT on the 4HR TF, looks like harmony at its finest! Safe Trading Calculate Your Risk/Reward & Collect! Coin Donations Are Always Welcomed :) Simplicity Wins
Hello traders & analysts, Hello analysts and traders. Price touched the trendline on the 4hour chart. SPX500 needed to created a descending channel after the high to engineer some liquidity for continuation of long positions from the all time high not the risk off mode were related to profit taking in order to generate further longs . The buys are still on!...
Hello traders, We are seeing on the GBP JPY 4 hour chart an opportunity to go long with a good 4hour trendline which is being respected. Imbalance 4hr = grey 4hr = orange trendlines daily = purple trendline See the bigger picture and further analysis below; Fundamentals at play. With the successful Brexit transition and recovery from the Risk-off...
SPX500 needed to created a descending channel after the high to engineer some liquidity for continuation of long positions. Where did price fall to? Key Fibonacci 0.618 - 0.705 levels Why is this important? Look left - the white candle shows an imbalance on the previous bullish engulfing . We are currently long but await the next buy from a daily low. ...
OANDA:EURGBP 21 January 21 EURGBP Potential Shorting Opportunity on the 4 hour time frame. When price return's to the potential area of Supply.