ETHUSDT had a nice descending channel breakout after a perfect retest on 0.382 Fibonacci Level ( previous idea ) and monthly support. Now the price must have another daily breakout around 410$. Daily Weekly Monthly According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly...
When I was looking at the chart of COINBASE:BTCUSD , I noticed something familiair on the chart. In my previous posts I talked about the ascending triangle and the possibility of a false breakout. That false breakout dream seemed to be false however I think we're looking at something which forces us to flip our opinion yet again. When I look at it now, I see a...
BTCUSDT is inside a descending channel, and the price is testing monthly support . If the price will lose 0.382 and Monthly and daily support, the price could retest 0.618 Fibonacci Level. Weekly Monthly ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily...
Falling wedge + Bullish divergence on 2hr tf Bullish divergence on 1 + 2 hr tf played out well. Bullish divergence on 4 hr tf too now. Even more bullish IF it breaks the falling wedge Keep an eye on the resistance of the falling wedge and the volume. It might retest and make another push the upside. Let's see If it's gonna hold. Bitcoin Trading Club is...
The Banks and Institutions have placed three Sell Orders in the past as we can see in the chart. There is a Strong Confluence of Resistance in the 69.65 - 69.93 area. Are the Banks preparing to place another Sell Order?? I don't really know. But I have two plans already. We have Four types of Resistance in this area. 61.8% Fibonacci Resistance, 100 Moving...
Hey Everyone A look at the DOLLAR INDEX that has been trading in a descending channel looking for a continuation of this move as it has been respecting structure hitting LH & LL holding structure the bears are currently in control of the index looking for a continuation in the trend to complete a gartley formation lets's see how it goes.. let's see how it...
BTCUSD 1H. Watching & Waiting. I see BTC is currently in a descending channel and rejecting the level in the 'blue box' on it's journey back up after the sell off. In the process of this rejection I think we have created a bearish flag. I currently believe more downside is a greater probability than upside.
I have had to re-publish this as it was removed by T-View. My outlook is stil very much the same. The difference is now we have converted 1.73 and we saw a continuation form yesterday targets will be slightly lower than is marked above, but ill see how it moves and adjust lower accordingly.
Good Day Everyone As we saw some DOLLAR recoveries this Friday seems the CAD is correcting this before market close the pair has been trading in a descending channel looking for continuation patterns on the pair we already saw a couple of rejections at resistance level 1.32432 let's see if the bears can keep control of this one going with the weakness of the...
Good Day Everyone Here's an idea on the DOLLAR / SWISS which has been structure bound in a descending triangle respecting structure, the pair was just rejected at the roof of structure as we saw some DOLLAR recoveries upon market close this past week. looking for a continuation of this move to the base of structure/ support. looking for structure to hold on the...
Good Day Everyone A look at the DOLLAR / ZAR that has been trading in a descending channel hitting LH, LL looking for a continuation of the trend with the bears on the pair in the coming week looking for a break below support level 17.07766 trading below this level will trigger the trade and we'll be short on the pair. we'll see how it goes... HAPPY TRADING...
Good Day Everyone A look at the DOLLAR INDEX that has been trading in a descending channel looking for a continuation of this move as it has been respecting structure hitting LH & LL holding structure the bears are currently in control of the index looking for a continuation in the trend to complete a gartley formation lets's see how it goes.. HAPPY TRADING...
Price has been in a Descending Channel since February this year (7 months now). The medium-term outlook for the US Dollar is poor and Safe-haven currencies like JPY are still preferred. There is a Strong Confluence of Resistance at the 106.60 - 107.40 area. This is the Sweet Spot..🤗🤗 We have Four (4) types of resistance in this area. -Round Number Resistance at...
Triangle pattern in a descending channel. Is this a signal for the reversal?? Let see
Seems pretty obvious. Lower highs in the past week, hitting 7 times the support channel between 6450-6750 sats. Volume also stabilized. Just a matter of time this will fall through support and bounce back. To make another lower low. Targets between the two red lines. Not a financial advice. Make your own analyzes.
Forming a descending triangle on the daily chart. Most likely to see lower targets. Volume is slowly stabilizing. Swipe already released several news in the past days. But it hasn't got them far. Basically selling the news. Targets: 0.00019750 0.00018850 0.00017500
Wait for an rejection or wick in this area then wait for that rejection to close, then take the long position.
Price currently in a downtrend, making lower highs LH and lower lows. Would price respect my trend line resistance or break?? Lets see