Hi, the targets are determined as if downward scenario and supply pressure will be too high. technically if a bearish momentum will happen, it should be deep and powerful. if not, we will have a gradual upward move towards the PIVOT shown on the chart. be careful with your assets as we're also in a zone of longterm (holders) accumulation. so these are the final...
What Makes Bull Traps Happen? Wishful Thinking Bull traps can emerge after a market downturn appears to have been exhausted. In the wake of steep declines, there’s often clamoring among investors to grab an early seat for the ride back up, get in at what appears to be a bargain price, and/or pick a bottom. These initial buying spurts may push prices above certain...
#ETH UPDATE. #ETH isd currently trading at the blue box daily support and if eth loses the current daily support it is lost likely that eth might test the green box support on daily soon.The next possible move would take 4-6 hours so keep eyes on that,however purple box is the current resistance and eth needs to close above this level for any upside move.
#BTC UPDATE. #BTC is currenty trading in ascending triangle on 1H TF and close below to the purple line would agin bring btc to test the 16krange . 👉🏼There are high chances that we are going to see yet another sharp move on 1H TF so be prepared for that also as there could be a flash btc move that could liquidate the positions.
If we analyze the complete Chart all Times, Yuo can See you something , practically in all falls all of then 100%, when the price reaches approximately 23.60%, it recovers to once again recover what was lost (100%) and eventually make a new historical maximum at a : 341.40% of the original price, as this has been repeated several times and precisely now the price...
This is simply AB=CD bullish pattern The target for this is 1.272 fibonacci level Happy trade for you
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
#BTC DAILY UPDATE. #BTc has broken below to the pink box support on daily and has become the resistance for btc on daily,if btc not able to close above the pink box area n daily we will mostly likely to see that btc will test the blue box support area on daily.
#BNB UPDATE. #BNB has lost the crucial support daily support which is at the the blue box area and has now become the resistance on daily.If bnb does not close above this resistance then we might more pullback and might test the next support on daily around 220
#ETH UDATE. #ETH has broken below to the purple box area which was the support and is now acting as the resistance for ETH.ETH is currently holding the daily support at the yellow box area ,if eth loses the current yellow box support and closes below to the yellow box on daily then I do expect more dump in the price of the ETH.
#BTC UPDATE. #BTC has broken below to the pink resistance box and is likely to test the blue box support area,however in case btc closes above the black trend line then we do have chance to see btc back to the upside move.
This is a daily chart of Bitcoin with the Ichimoku Cloud indicator. The Ichimoku Cloud is one of the best indicators for detecting trend reversals. When a candle breaks above the cloud from below, it is often considered a bullish trend reversal on the timeframe analyzed. Similarly, when a candle breaks below the cloud from above, it is often considered a bearish...
HELLO AGAIN TRADERS, HERE IS MY MORNING BREAKDOWN Currently I see three interesting levels for us, as I wrote yesterday evening again during the Asian session there was a bigger move which however caused the market to open itself. When I look at the overnight volumes there were substantial orders around $16560 from where bitcoin fell, its first stop was around...
I am doubling my position on my trade from yesterday. My current entry price is 17,057 USDT. We'v now broken down to another major support area, but this time we see the 4-hour chart start to consolidate in many different ways. Our CM_Williams_Vix_Fix Finds Market Bottoms is showing a heavy floor. Our momentum indicators, TSI and MACD, are starting to flatten...
On the chart, you will see a parabola of the last wave in this cycle, and the approximate end time. I will also post the average growth price, according to my theory, the price will go around it. Hope and do it.
#BTC UPDATE. #BTC has now lost the trend line support and the trend line is acting as the resistance now,the pink area support is crucial as it the double bottom for btc and any move below this pink box area would lead into some more pullback . The next move will be updated on our website so please do visit.