Bitcoin to breakout within 36H (12:00PM - 10th April UTC) Expected downside breakout. Regardless of the direction, this will be a key zone where a breakout will occur Note, ascending wedge has been adjusted from my previous post. Adjusted lines show that this pattern is still intact and is yet to be invalidated Also note that leveraged longs are beginning to...
Target minimum 7.3k
Knowing the fact weaker EURO losing against the dollar overall and it's even performing low against swiss. I see bearish market in this minor pair as well. Technically price inside a descending channel and I assume if EURO gonna end up losing strength continuously against dollar then bear will obviously weigh on this minor pair as well which will continue the...
Price floating below the long period SMA 200 (red) and trading under the weekly and daily pivot point already indicting bearish sentiment for this pair. Comdolls aren't doing well and the risk bets are not good so far which we can see from the price action in most of comdolls related pairs like au,uc,nu. Yen and dollar ruling over the market this week so far which...
We an observe EURUSD in a downtrend as well as massive bearish pressure after breaking multiple historically major reversal zones. Here is a trendline indicating the direction of price as well as the marking of various major zones. Price looks to be doing a minor pullback before my predicted fall once again. I am looking for Bearish engulfing candlesticks on...
USOIL Potential Bullish Movement we are waiting for a momentum candle close above 25.30 to buy this one Reason: 1- Regular Bullish Divergence on MACD (in red) 2- Objective Channel (in blue) 3- Support Round Number 20.0 from Daily (in purple) Three confluences are enough to consider Buying USOIL, after a break below 25.30 (in gray) ** unless price breaks below...
Kinda feels like the bear has no much strength to even drag this pair further deeper. We have seen good gains on the comdolls from the beginning day of the week. Equity market did raise well and mostly TVC:DJI but talking back to comdolls at the moment bearish are weakening. Feels like there could be more probabilities for upside rather than the downside as long...
Price has been in a Bearish downward move. Price is taking a Bullish Pullback. Price will either continue Bullish upward move or reverse and continue Bearish downward move. Bullish Long Setups. Entry points long found on a 15m chart. Take Profit levels found on fib retrace levels. Bearish Short Setups. As Price moves upward, it can retrace at different fib...
Overall Bearish Bias Chart Indication Bearish RSI Divergence: RSI printing lower + price is rising slowly Watch for pivot around the 4 levels in the chart Expect price drop upon trend line break Price action generally following broad financial market movement (hence current upwards correction) 4H RSI Divergence
Lookig at the Daily & 4Hr timeframes we can see a strong bullish momentum since the 9th March. We now have a retracement into the 'Golden Pocket' with price appearing to reject the level nicely. I am being mindful on this pair as there is still over an hour until the candle close and price may push lower to test the 50 EMA before continuing the bullish...
A cotinuation from yesterdays bearish movement of which could not break the 1470 major support level. This has then started to create a Head & Shoulders continuation pattern. I will be keeping an eye on this as entering from here (and not the neckline) would be quite aggressive.
GBPUSD Trading in falling wedge as trend might continue for further time . trade can be done when the price levels are at resistance and support of falling wedge. Stay With Us for More Idea & Follow Us For Latest Updates.
#BTC It took around 11 months to go from 20k to 3.5k & 5 months to break in to 5k, similarly it took 3 months to go from 13k to 8k, so it may take 1.25 months i.e. October end to break into 9k+
As we can see on the chart, a continuation pattern is being printed and we might see a small drop in price. As ETH follows BTC usually, I would recommend that you check out this analysis. This should give you a bit more information to why I'm current bearish on crypto.
2 standard deviation from confirmed triangle after downtrend. Long to 5450, which will make a third deviation where longs will unload on bids, then continue downtrend. wait for breakdown (possibly breakout but I think we are going back down lower )
this is my bearish scenario....if we see rise to the resistance levels and a clear rejection then I fell it will most likely take a bearish approach.