Here is an interesting turn of events. Firstly we can see a possible bullish flag(bearish channel). The next thing we can see is a possible head and shoulder formation. And lastly we can see that price has create an ascending trend-line. Wait for a clear break and retest or either the bullish flag or the head and shoulder and trade accordingly.
Lots of charts are look like this but EVX definitely the one you need to consider. Why?
1. Still ranked #408 on coinmarketcap with only 25 mils total supply with 16.5 mils are on the circulating.
2. Listed on Binance, OKEx and Huobi. Listed on Big exchanges allow more volume to come as the exposure getting bigger when more listings are coming.
3. Not much...
The graph shows us a recently formed bullish flag pattern.
It seems like the market could find support at the rising trend line and support zone as shown in the chart.
The support zone at the 85.50 price level has been tested several times and the rising trend line has held up twice already.
These factors combined gives us the expectation of a price increase...
The bottom line of the channel and the 1.272 Fibonacci extension level form a nice technical confluence and could give us support. There's upside potential for this pair. It seems like the channel will be invalidated or the price of the USDCAD will rise.
Two purchase signals with the ichimoku indicator, an ascending wedge that projects the 31 usd when breaking, and the koncorde indicating the interest on the part of institutional ones. Draw your own conclusions about it. twitter: @charly1030284
GOOD DAY BLESSED PEOPLE !!
HERE IS MY ANALYSIS ABOUT AUDUSD.
I see POTENTIAL BEARISH FLAG in this pairs, i wish there is no higher high again (make poin 5 and 6).
ENTRY : 0.76400
SL : 0.77450
TP1 : 0.75400
TP2 : 0.733450
LONG TP :0.68800
1. I'm a SWING TRADER so for all the analysis I made, took more time for the result....
Why not to be long ? It's perfect scenario , however , wait for bullish momentum first and then buy , cause right now we are selling the top. Wait for this wave to end and then go for your profits IF risk is good.
Potential bat pattern setup in the EURNZD.
It will need some time to get to the PRZ and completion point.
When and if PRZ reaches, watch price-action closely to enter a short position after the confirmation candle.
(!) The confirmation candle is the candle that has a close in the PRZ and has wicks covering the low and the high of the PRZ.
Jep, this is it. the end is near. triangles playing out and we all gonna get rekt! I really wanna see a brakUP out of this lame sideway...
BUT! BUT! there is ETH there is HALVING and there is lot of FOMO–
so, we break 400$ an I see us back at 320$ and lower. that's why I call for 430$
«time will tell» decision is near