To those of you who might be thinking this is it. I wont to alert you this is just starting up again and will continue to the Moon! As you can see from this 200 MA with a very steep line, and a Parabolic SAR just starting up from the very bottom underneath, the last candle has broken the barrier resistance, breaking with it the bearish trend line. And so, I don't...
We can see a very strong support zone and the price in the last 2 hours have made some clear rejection here. Its expected to rise at least 100 pips. Only avaliable if still get rejection and reach the entry target !
Is expected the price to start going up and trying to complite this kind of channel.
We must wait for some nice confirmation of bulish movement before enter this position
Affter touch this important support zone, the price is showing bulish reversal moment as a confirmation of this we can see the higher highs and higher lows affter and a new trend line formation.
BTC-USDT looking very strong bulish. tome to open long and wait for 8k :)
If you have some knowlege comment bellow please what you think will happen :D So what I think is: The main price action, talking about the trend lines , trend channel, the double top and still have a strong rejection in both sides and is also a rejection at higher time frames makes me think that is possible to still going down and break this strong support zone...
We can expect the price to respect the channel and start going up affter break and retest the resistance. This is only Possible if breaks the resistance for the up side!
Affter reach the Sell Target we can expect the price to go up now
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Affter got this retest to the support we have more confirmation for strong buy! Daily Candle very bulishh and one more time the weekly analysis is very bulish and the price must complete the channel that is possible to make at weekly time frame. Only Canceled if cross the support again
This Entry is already late but we have an ugly Head and Shoulders confirmation
Affter some rejection we can expect the price to start going up
There is reversal pattern after breakdown of strong resistance line. we will see more upside in gold. Exact figure of target is 1776. if it breaks above it will most probably form some type of reversal pattern above 1776. My s.l is 1678. Hit the like button if you find it helpful and informative and follow to catch every wave correctly.
We have a possible long position here affter some rejection and the break of the trend line. At the moment the price still having some bearish moment but in some hours maybe ready
Very Possible Long position affter some more confirmation. We can check also an up trend and the market structure Higher Highs and Higher Lows
We can see two oposite trend lines that can seems like a triangle. This two lines are being very respected by the price so we can expect the main direction affter break any off them and with the right rejection trigger for the enter. In my point of view may be a long position because we can see a bulish engulfing candlestick pattern and the price got rejection...
The price breakout the resistance and the made a retest. lets see if we can get some pips in a long position