The world of Bitcoin is known for its enigmatic cycles, and understanding these recurring patterns can be your secret weapon. Let's delve into the concept of Bitcoin cycles, where history often repeats itself. 📉📈 Cracking the Cycle Code Bitcoin's market cycles often display remarkable similarities across time. Recognizing this cyclical behavior can give traders...
Hello everyone As USD loses it's value over the news from federal reserve,better prices for the pairs with this currencies can be seen allover the market. For now, over the possibility of the exhaustion of the trend, we may have couple of RED bars in the way of our Bull trend, but since we have an OIO pattern( outside,inside,outside)it's more likely to have...
EURO - Wedge to a bull trend hello everyone As I have mentioned before In my previous analysis, we have a wide divergence and we can have a reverse pattern by the end of the week ( double bottom ideally). I expect to see a good bull bar with almost no shadow on ether side on daily. The last week's candle closed with a long shadow and a small bear body that...
hello everyone Last week candle was a big red one for almost 80% of cryptocurrencies, and for the last couple of days we saw the same behavior until 12th of Apr. Since then we have been moving in a channel in between resistance level of 18.30$ & support level of 17$( it was mostly the trend line). For now we have divergence in RSI in 4 hours ,so the price...
hello everyone In the past 3 days IOTAUSDT created a bull channel in 4h and considering the accumulation in this level and the possibility of bear market in higher time frames and the spikes in the volume in the past couple of days ,there is 20% chance to see a breakout. for now, let's don't get excited and flow with the trend of the market. resistance level...
Hey guys, I trust you are in good health and enjoying your weekend with your loved ones. An interesting week we had and more interesting weeks ahead, with volatility growing each day as we head into spring 2021. This spring season is extra important, as most developed countries have been vaccinating their people and the expectation is that these economies can...
So this is my 4 hour chart. We are clearly in a nice bullish channel after breaking a resitance level. It's respecting the channel so i will see it keep doing that untel we hit that new resitance level. When the market makes a new higher high i'm going to short and target the previous support zone on a smaller timeframe and i hope it creates a higher low near that...
DAILY- swing low, doji candle at demand 4HR - bearish channel TRADE PLAN: BUY ZONE 1 - Wait for confirmed higher low. BUY ZONE 2 - Look for channel break out and retest support.
Inverse head & shoulders Divergence Lower high, trend reversal Bull channel break and retest supply demand zone