Well, probably some of u have been wondering why that bitcoin declining sharply. From the technical perspective, we can see that in weekly timeframe bitcoin had a big head and shoulder pattern since july 2021 till january 2022. In this pattern, it has resistance from the head and shoulder pattern around 40-44k that been tested and rejected. So, with that pattern...
Here you can see the Gaussian Channel in the 5-day chart. Every time we left this one in the past, it was golden times for shopping. The bottom was in 2018/2019 after we fell out about 49%, in 2020 it was about 40% and currently we are at 54%. I see absolutely limited downside and endless upside potential
I am sure BTC will perform something like this in a day time frame What do you think about this Express your opinion in the comments..
This Chart explains how a Sniper Sees the market. How many Entries do you see?
ETH Projects towards $30K + And Later to $50K Accumaltion zone started now at $1000 till $500 - $300..
The ascending triangle is a bullish continuation pattern and is characterized by a rising lower trendline and a flat upper trendline that acts as support. This pattern indicates that buyers are more aggressive than sellers as the price continues to make higher lows. The pattern completes itself when the price breaks out of the triangle in the direction of the...
Hello friends As I said before, we entered Channel 31k After a few weeks it was fixed in this channel Now we will see the next drop again up to the range of 19-21k This is the last chance to buy and you will not get such a golden opportunity again After that, the ascending process will start and I will update it Make the most of the opportunity
After a directional move now the price is in consolidation phase and now we can expect a directional move in either direction So plan your trades accordingly
Time Frame: 4H Symbol: JPYUSD Bias: Neutral It is obvious that the strength of JPY is rising against dollar. The outcome is obvious that the pair will have some hard time moving strongly in either direction. So our bias is neutral.
Time Frame: 4H Symbol: GBPUSD Entry: 1.23230 TP: 1.19351 SL: 1.26652 Bias: Short We are bearish for this instrument. The trend is bearish but for short time frames, it may seem bullish though actual trend is bearish. So we go for a selling opportunity.
Time Frame: 4H Symbol: EURUSD Entry: 1.05309 TP: 1.03099 SL: 1.07233 Bias: Short We are bearish for this instrument as we see the price pattern of this instrument is insinuating a down move which will be visible owing to bearish pressure from the market participants.
Time Frame: 4H Symbol: XAUUSD Bias: Neutral Currently the price action pattern of gold is not showing any strong probability. The trend is neutral and there is no room for strong momentum and volatility. So we stay neutral.
Time Frame: 4H Symbol: USDCHF Bias: Neutral There is no strong directional bias for this instrument today. The overall bias is bullish but we stay neutral for the time being.
In the last 24 hours, we have seen a 9% drop in bitcoin in the market. According to yesterday's analysis, the price of Bitcoin could fall again after reacting in the range of $ 22,800 to $ 23,100. This happened with the savings of short-term buyers. The selling pressure on the support level of $ 22,350 to $ 19488 is still high. If bitcoin fails to clear the...
Forming an ascending triangle if it gives a breakout ,can go for long but be very careful as market is in downtrend Target is given in chart NOTE: #DYOR #crypto
Time Frame: 4H Symbol: JPYUSD Bias: Neutral There is no directional bias and signal for this instrument. We are to wait for a better signal opportunity.
Time Frame: 4H Symbol: GBPUSD Entry: 1.22613 TP: 1.18544 SL: 1.25594 Bias: Short Our study of trend and historical price action show that we are not prepared for going long and the pressure for selling still prevails. So we plan a short opportunity.
Time Frame: 4H Symbol: EURUSD Bias: Neutral We are neutral for this instrument. We do not expect any strong directional move from the current price context at least for next few days.