The price of this pair dropped very nicely today and now reach an important zone of support, we can expect a pullback affter the candle confirmation
We have a possible rejection from this point looking from the weekly time frame point of view. (this chart here is not the weekly)
Affter get rejection to the support zone we can expect now the price to move up for a few pips
Affter the news of Mexico and OPEC to cut the production of oil we can expect finally affter reached the price of 20 the price to start growing again
This is only an update of my previous analysis. We have have a possible double bottom affter we get a second rejection due to the breakout of the trend line. Friday 10/04/20 was to slow but when the market open again we can get some nice impulse.
We got some retest to our support level and some rejections till here affter breakout the trend line. Its possible to expect the price to start going up from now
we can expect the price to go up with this retest confirmation
We can see a possible breakout of the trend channel, and we can expect a retest around this two small green lines plus up trend line on the right side. Affter the retest if the gap dont kill the analysis, we can have a good oportunity for buy positions. We can also have a possible inverse head and shoulders pattern .
We start geting a reversal on eurgbp and at this time the price is respecting very well the price action markect structure. Diffrent than some other pairs that are very crazy lately this pair seems to be a good pair to trade. With the RSI we can expect the price to come up and when cross the key level of 80 % we can start thinking in sell positions. Lets see if...
Moving(ema) 99 is currently priced at $ 2820 If a logarithmic fibo (23.6% level) is broken 2260 is next support And with the loss of this level Support line in 1305 these are important support of btc price in the bearish trend side like and comment your ideas take care put stop ;)
affter the breakout and retest we have the confirmation of reversal trend
We can expect the price of usdjpy to reach this high resistance and the we must wait for confirmations. If the market will keep going up or if makes a pull back
At daily time frame we have a rejection confirmation for a buy position and if we zoom it at Daily Time frame we can see a gigant Bulish Head and Shoulders. At the moment we can only predict some bulish movement till @ 138.938 Resistance Only if the price pass above the entry white line
Affter the consolidation zone we can expect at any moment some great movement up
Bitcoin is testing resistance today as price continues to advance within a rising trend channel. A close above $9,600 today should be considered bullish with the next level of resistance to watch for resting in the $10,200 range.
Chart speaks thousand words. Sometimes you just need to zoom out. This is a monthly chart with each of the last SIX monthly bar wicks high untested! Do you think that the market will leave that liquidity up there untouched? It won't. Not to mention that halving is just around a corner (www.ig.com). Will you be able to watch this go to 6 digits without you?
Hello everyone, today I'm sharing with you my ATOM/BTC idea. First of all, I'm quite bullish on Cosmos on the long term. According to me its fundamentals are strong, but for now let's stick to my short-term idea: - ATOM/BTC is ranging inside an ascending channel (bearish pattern) - We can expect a retracement in the coming days. - This retracement should be a...