The bears have been ruling the BCH/USD price chart for the past few days, as the price has been constantly experiencing a fall. The price underwent considerable decline even today, as the bearish trend brought it down to $656 extreme. This has created chances of the price going in the danger zone, as the bearish trend has been expanding at a constant rate.
Litecoin price analysis is bearish today as we expect the $255 support to finally break, opening up the way for a much deeper retracement over the next 24 hours. LTC/USD still needs further retracement before further upside can be tested after such a strong rally in the beginning of the week.
Bitcoin price analysis is bullish today as another retest of the $63,000 support will likely result in a reversal over the next 24 hours. Therefore, we expect BTC /USD to set another higher low before moving back to the upside.
Hello Traders
Here is a new Short Opportunity
💹USD/CAD - SELL STOP
✅ Entry @1.24400 or below
✅TP-1# 1.24200
✅TP-2# 1.24000
✅TP-3# 1.23900
✅SL# 24.900
The Canadian Dollar is coming off of a big week after the Bank of Canada surprised by announcing an end to their QE program. This happened on Wednesday and brought a strong push of CAD-strength into the mix, as...
in a high possibility shibainu will fall to the specific area of fibo in the chart and then will rise to the previous historical high in the last week.
Hello Traders
Here is a new SELL Scenario, Break of 0.7400 support opens door for a steeper decline, Taper discussion in November will influence USD soon.
For a longer term, it can reach 0.73330
💹AUD/USD SELL STOP
✅ Entry @0.74600 or below
✅TP-1# 0.74400
✅TP-2# 0.74200
✅TP-3# 0.74050
✅SL# 0.75600
JamdeJam will not accept any liability for loss or damage...
Hello Traders
Here is a new SELL Scenario, RSI Critical, Possible Head and Should formation
💹CHF/JPY SELL STOP
✅ Entry @124.900 or below
✅TP-1# 124.700
✅TP-2# 124.500
✅TP-3# 124.350
✅SL# 125.600
JamdeJam will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts...
Hello Traders
Here is a new SELL Scenario, a short lived pop, ECB Mesure are still on hold, Taper discussion in November will influence USD soon.
For a longer term, it can reach 1.15 and 1.14 for a quarter if you are patient.
💹EUR/USD SELL STOP
✅ Entry @1.17000 or below (17300 is the best but not sure it will reach this point)
✅TP-1# 1.16800
✅TP-2#...
Hello Traders
Here is a new SELL Scenario, Federal Reserve 'on track' for tapering asset purchases.
For a longer term, it can reach 1.15 and 1.14 for a quarter if you are patient.
💹EUR/USD SELL STOP
✅ Entry @1.16300 or below
✅TP-1# 1.16200
✅TP-2# 1.16000
✅TP-3# 1.15800
✅SL# 1.16800
Source : www.actionforex.com
JamdeJam will not accept any liability for...
Hello Traders
Here is a new SELL Scenario, i expect this scenario starting end of the month of october, Most likely scenario is a reversal around that level.
Federal Reserve 'on track' for tapering asset purchases.
For a longer term, it can reach 1.15 and 1.14 for a quarter if you are patient.
💹EUR/USD SELL STOP
✅ Entry @1.17300 or below (Best Scenario, It...
History repeats again.
Extensive printing of money during the Covid-19 recession
Reduce bank interest to support producers.
Increasing the producer and people Debt
Energy and production were still low
Inflation
Further increase in debt
again Debt and then Debt cycle
So it's possible another Fall
Usually, after breakouts like this, we expect huge pump and more rise for price and hitting new highs but bitcoin is getting a little weak after that huge amount of rise in previous days and also the price is receiving 60K resistance zone so we can expect fall and correction but only if the daily candle close below this red trendline once again.
Notice: we are...
Hello,Friends!
In this market situation, I am looking at mutiple indicators
And I can see bearish momentum accumulating on the pair right now
This setiment makes me bearish biased and I am considering a short!
Like and subscribe and comment my ideas if you enjoy them!
As we can see price break the previous daily resistant of 53K and now stops pumping on our next resistance line that is 45K resistance.
Now we can expect some rest here and testing 0.23%--0.38% Of Fibonacci level or again breaking resistance and more pump to higher targets like green arrows. (Correction here is expected with higher possibility)
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DISCLAIMER:...
Bitcoin reach to a support line after a strong fall and it making a descending triangle pattern
if the support line break it go down till lower target.
But if it supported here it may go up till previous resistance.
Hello folks and welcome to this 'RED ALERT' BTC update on a daily timeframe.
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As you all know that BTC did exceptionally well after the sudden fall from $52900. Everybody in the market (including myself) showed the bullish scenarios for BTC which was a...
