Or, will we see a sharp decline due to a hole in the wall front running leaked financials that are dismaying? And maybe even a good ol Tinley fashioned PP below the trading price to compliment the short-selling pressure of TNYBF and bearish sentiment. I have placed green arrows on the chart to signify fake-outs of the Macro Descending channel and Micro Bull flag...
In this update, I see a good opportunity to short Euro/Australian Dollar to the previously level of $1.4508 AUD where we see a little upside movement in the early, but I see a possible bearish movement that we could to find down 106 pips in this trade. Also, we still in this bearish channel with a big enfocous to short in this side. So I put the SL to $1.4664...
- As per my Elliott Wave count - we should be in the end of the current downtrend. - Impulse Elliott wave is completed with 5 successful waves. - We have a descending blue channel, you can wait for a breakout of this structure to open a long position on confirmation. - I think wave 4 is a resistance and we can target this level (around 31 USDT). - On the RSI...
The price made movement to up this early and we see that this could be a good opportunity to short again Euro/Australian Dollar when take my SL in my 2nd trade and at least, in my first trade, I'm in profit with 31 pips for now. B Also as we forming a bearish channel, we could to forming a Shoulder Head Shoulder, a bearish pattern in development what I can see,...
BINANCE:BTCUSDT * the Bitcoin is on the bottom line of the channel if it can manages to breaks its support zone then it can fall to the next support zone.
GBPCHF on the daily chart is moving inside a daily descending channel. The price after the test of the 1.25500 area dropped exactly at the monthly support and from there retraced perfectly at the 0.618 Fibonacci level creating a double top over it. How can we approach this scenario? Currently, the market is testing once again the support area and if the pair...
- We have a huge falling wedge on the daily chart, which can lead to a massive breakout! - Also we can see a bullish rectangle pattern currently forming on the chart. - You can buy breakout above the rectangle + wedge trendline (above 550 USDT). - Due to my Elliott Wave count, we have a completed Impulse wave (1-2-3-4-5).
Hello traders and investors! Let’s see how AMZN is doing today! In the 1h chart we see that it is trading near the support level of a Descending Channel. This is a good place for a bullish reversal, but so far, we don’t have a meaningful reaction. The black line at $ 3,175.42 is the key point that could trigger a reversal, and the first target would be the...
$BTC currently trading at $43340 I already mentioned $45250 is strong support for the bullish zone. Now Trading below the support zone but I am waiting for the Daily close. If the Daily close is below $45000 then we can see $42347 and $40000 also. But If Hold $44600 then next Move will be $47444 Keep an eye on Below levels:- Support:-...
In the previous analysis, we mentioned this descending channel and we were looking for fall : Now price hit the target and is receiving channel support and we have two possible scenarios: A. breaking channel support and more fall after that. B. respect channel support and range market ahead here. <>
Euro/Canadian Dollar show now a good opportunity to put in long position in this par as we see clearly in the price action that this will could to see any liquidation of shorts, but you can to entry in the favor of this manipulation zone. Also, for reference, this diagonal downline it's showing like a retest and this could be another confluence that there're an...
BINANCE:BTCUSDT * The price can rise from here to the range of the canal roof resistance that overlaps with the Fibonacci levels.
BINANCE:BTCUSDT * Bitcoin is at the bottom of its channel. * It can grow from here to the top of the canal. * But if it loses its canal floor, it enters a deep correction.
- Litecoin is currently breaking out of the bullish blue pennant on the daily chart! - Looks like retest is done and we can continue to the upside. - We have a huge falling wedge on the weekly timeframe, but bulls still need to confirm their bias.
Mcdowellbroke of descending channel & also trading avove strong resistance of 900-905 level with decent kinda volumes. Could be bought with mentioned stoploss & targets
Balrampur broke out of descending channel with good volumes. Could be bought with mentioned stoploss & targets.
- FTT token is very bullish on the higher time frames. - Currently the price is breaking out of an ascending triangle - one of the most bullish patterns. - Also we have a descending channel breakout, which indicates us bullish trend reversal. - Next profit target is the all time high level, but in my opinion it will go much higher. - The price is now finally above...
- eCash is turning bullish, right now the coin is breaking out of the bullish rectangle. - On the daily chart we can spot a double bottom reversal pattern + trendline breakout. - Profit target is previous all time high. - The neckline is breaking out and volume favors bulls.