Hello out there! Too bad I missed this one. I don't trade anyways lol
Hey everyone! After a long consolidation, I can't see this pair ranging for much longer without an expansion move soon. Previously this was a pair already on the radar and provided a failed upside setup however it just keeps bouncing from maxima to minima of the range and now buyers and sellers are left to make an impulsive decision. The bias is upside...
BTC has climbed off the structure support break into the resistance structure that we outlined based on market structure. We needed to see a stall in this area for the continued move lower. The first red day just occurred and it was strong, we need to see an extended move lower or some doji candles to indicate a reversal to the downside at this resistance point of...
Daily Chart Explanation: - Price is on a Descending Channel on Weekly Basis. - Price bounced from the Support Zone. - Bullish Divergence on MACD. - If price starts its up move from here, it has potential to go towards the Weekly Descending Trendline and, if price breaks it, there is potential to move up towards the Resistance Zone. Weekly Analysis: Updates...
LTCUSD is approaching resistance (horizontal pullback resistance, 61.8% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below our first support level (horizontal swing low support, 61.8% Fibonacci retracement). Stochastic is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin...
Checking 1W, if it can keep this level of volume, we will do it.
Hello everyone Today an update on LTC price action, a lot to talk about. Let’s get straight in to this! -So first of all I’d like to start with the support lines . We’ve created a very strong support line in the last couple of days at +/- 74. If we check the past, we’ve done that a couple of times before, The last times in March and April. We can see a similar...
Here after careful review, trend analysis and pattern recognition on the 4hr 1hr and 15m time frame for entry I have identified an LONG opportunity for the BTCUSD pair, and many more other crypto currency pairs as well Take a look at my analysis I would love your feedback.