Just connect the wicks on the hour / two Timeframe and you can get an idea what the hell is going on, like channels trends, Rez and Sup!
Also we got a Breakout!! Congrats!!
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Trade safe!!!!!!!! Never chase the candle, JUST wait set a trap and take aim!! FIRE!
Next thing you know you hooked on charting coins 22 hours...
Due to the weak input volume, we will most likely go down to the bottom of the channel, which is the ceiling of the previous trend line, which is $ 37,500, and then look for higher targets, which are $ 42,000, $ 47,000, Fibonacci, respectively, and if we cross the ceiling. ,. Which is 51 thousand dollars and after that Is the main downward trendwe are going to...
We can see a nice candle in the top of the dynamic channel (I show it with No.2) It`s very close to break the channel and if it happen, the next target would be 10000 USDT. With this trade vol, I think it will happen.
gbpusd is bullish over all.it has a strong resistence at psy level 1.4000 .and also it has a support at 1.3670. If price rejected from this area then next target can be recent HH at 1.4200.
But if price breakdown the support level and create a daily candle under it then next target could be 1.3400.
BTC / USDT 4H
Last month, Bitcoin broke its channel but failed to stabilize above the channel, setting a price record of 58,200 and returning to its former channel, hitting a support range that is the middle line of the channel, causing the trend to rise again. Be.
Now, breaking the channel ceiling again, everyone hoped that Bitcoin could establish itself...
ETHEREUM / USDT D
As you can see, the rising trend of currency prices in the last month has been able to break the ceiling of its life channel and has managed to set a new record in prices.
But it has not been able to cross the 2000 mark, and this has caused it to fall to the 1400 mark, which is the ceiling of the currency life channel, which has become a...
1st price bounces of this price range and falls off to 104,950.
2nd scenario price breaks this resistance and tests top of the chanel and falls down to 104.950.
In boths scenarios 104,950 1st tp. 2nd tp is 104,550.
Trade safe good luck.
this idea take it place from logarithmic schiff pitchfork. next week and upcoming onth will show are we keep the price up or after touching mid line we are ready for corretion. Overbought on wave trend oscillator. Keep your eyes and keep safe