Odds are good i we continue to consolidate inside this descending channel(in green) that we will find support when once the 1 day 50ma (in orange) converges with the bottom trendline of the channel around 55944-56k or once it enters inside the channel. So my guess is the bottom of the handle will be around that 55.9-56k range. Of course it could also do a bear...
USOIL after the strong bull run is now testing a 4h support structure at a confluence zone. According to Plancton's strategy if the price will break below and satisfy the ACADEMY rules we can set a nice short order. -–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily...
PLATINUM on the daily chart broke the perfect descending channel and now testing a daily resistance. According to Plancton's strategy if the price will break and close above we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡...
USOIL after the strong bull run is now testing a 4h support structure at a confluence zone. According to Plancton's strategy if the price will break below and satisfy the ACADEMY rules we can set a nice short order. -–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily...
NASDAQ after the recent retracement tested the support area at 14580. The price after a false breakout retest the support and start to move upside breaking the retracement channel. According to Plancton's strategy if the market will retest the support and provide us a sign of inversion we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣...
Shiba, broke on the triangle. ABCDE was completed. Currently forming a descending channel. Will the price pop up this time?
GOLD on the 4h chart is moving in an ascending channel. The market retraced at a confluence point to the lower trendline exactly at the 0.618 Fibonacci retracement. According to Plamcton's strategy if the price will break above the counter trendline and will satisfy the ACADEMY conditions we will set a nice long order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣...
- Binance Coin - BNB Rank #3 on CoinMarketCap. - BNB is by far one of the most bullish altcoin out there! - My impulse Elliott wave is telling me that there will be another pump very soon. - 3x Parallel channel can act as a support / resistance in the future. - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to...
price now is receiving local support of channel and we can expect local pump here once again like previous times. The real pump is only after breaking channel resistance and targets mentioned on the chart too. Notice: any breakout to the downside can lead the price to the next support zones considered on the chart. DISCLAIMER: ((trade based on your own decision )) <>
We've had our eye on the bullish play on EU for few weeks now, and we had some solid entries as well but Price failed to continue that upward momentum; that being said it looks like Price is giving us another opportunity to go long, and we could get the Buy from a cheaper Price. We're currently in a separated Descending channel at the HTF Double bottom level...
GBPJPY on the daily moved as expected to the upside. The price after a triple bottom over a daily support bounced over the weekly ascending trendline. According to Plancton's strategy if the price will retest the weekly support and provide us a sign of inversion we can look for a nice long order. ---- Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure ->...
H1 time frame. Structure: Downtrend. Downtrend in the descending channel. Wait for the price to reach the support level of 58000 and the reversal patterns appear, then you can find buying opportunities with BTC. The profit target is the 67000 price zone. ----------------------------------------------------------------------------------------------- Wish you all...
Good morning to all of you :-) I hope you are well ? Today, I decided to just show you an heat map of the BTCUSD (4 hourS time frame). The picture is pretty clear and the chart speaks for itself ! What do you think ? Any comments are welcome :-) Have a great Sunday and take care All the best Ironman8848 PS : If you like my analysis, please do not forget to...
Bitcoin it's look into this short position in H4 timeframe. You can to view in H1 that Bitcoin it's look bearish. But I found out in Daily that Bitcoin need to go back to $56,000 USD again to confirm this flip support. This strucutre it's not secure when the price reach a higher in this zone, becuase Bitcoin need to go to make a possible correction in the...
The Euro started its journey trading inside this Descending channel in 2008. Respecting the top middle and bottom of the channel as we descend further down some 13 years later . I have pulled some fib levels above and below as well as the POC which is 3% off the current price . Follow and Like for Regular Analysis
As we can see the price now is receiving channel resistance and we can expect some local fall or correction here But we should consider that usually(not always) descending channels after huge pumps are short-term corrections and once we receive breakout to the upside market will continue pumping like ETH Analysis that we shared : So now we are looking for a...
BINANCE:BTCUSDT Hello dear traders the Bitcoin has formed Double top pattern if it manages to breaks the support zone ' then it can continue to its fall and fall to the next support zone.
As we can clearly see that bitcoin is in ABC Correction. In Previous Correction BTC Put a cheeky bit on 1.14 Fib. Once we test 1.14 Fib which is on 57000 we might Big moves in bitcoin. I'm going to be Longing Bitcoin at Buy: 57000 DCA 56300 SL: 55550 ( Around 3% depends on you entry) Tp: 63500, 68000, 72000, 78000 Note: This is not financial Advice always manage...