Hello friends In the price of gold, we see the formation of a 5-wave bearish pattern. This pattern usually appears in zigzag form and their waveform is 5-3-5. Currently forming wave A, which is 5 waves. Wave B corrects wave A in the form of 3 border waves and usually 61.8. C wave is also (like A wave) 5 waves and is about 100 or 161.8% of A wave. Therefore, we...
During the 2nd half of April, CRYPTOCAP:ETHFI buyers or its MMs tried to keep the price above $3.20 - not allowing it to update the lows. ↪️ On the one hand, it looks like a sign of "strength" ↩️ On the other hand, don't be too surprised if the price of $ETH.FI drops sharply to $3.11 or even $2.88 (too many "tasty stops" are hidden below $3.20 and can be...
Hello everyone, let's look at the 4H ETH to USDT chart as we can see that the price is moving in a downtrend channel where we could see a bottom breakout from the local uptrend channel. And here the decline itself after leaving the rising channel, reached the 0.318FIB level at the price of $3020, which has just been broken, then there is strong support around...
Educational Analysis says Gold XAUUSD may move in this range for some time according to my technical. Broker - This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why this range? Because the 15-minute time frame has made Change of Character show signs of weakness of the bear run, maybe long for the premium level in the...
Hey Traders, This is my take on the CADJPY Looking at the 1HR and the 15 Mins timeframes. Momentum precedes prices! When there's an ongoing primary trend and a completed wave structure, wait for the price to be discounted/pullback. This discounting in price gives us a piece of important information, we can deduce whether the price will continue the primary trend...
Looking the CRYPTOCAP:BTC graph upside down we have a better perspective of what might be going with CRYPTOCAP:BTC in a wider perspective and outside of any bitcoin-maxi opinion on the fact that we are still doing bullish patterns and the price should see 72k soon. On a higher timeframe what we can see is that: Bitcoin broke a very important upward...
The Fibonacci resistance level comparisons since the All-Time-High (purple) and the previous high (green) show a correlation to the main resistance at $29k USD. I am expecting a pump to at least ~$25k USD, which is the lowest fibonnaci resistance level since the beginning of March (previous high). I estimate the pump can happen from the 4th to 8th of July 2022,...
FUD NEWS FROM ELON MUSK: Tesla sells off $1.5B USD worth of Bitcoin. Elon Musk "needs cash" but "will buy Bitcoin again" someday. This news has caused a panic dump but I remain bullish. $1.5B sold out of the over $430B Bitcoin market cap is only around 0.345%. Not an impressive number. The dip is purely FUD. Elon Musk has a lot of sheep following his moves....
I see bounces from the same resistance line - But no large breakthroughs. To me, a strong sign of support at the fibonacci line of ~1684.32. The next strong resistances I expect are around ~1834.88 and ~2078.25 respectively (~1834.88 would be a decent ~8.9% profit margin to sell if I wanted to play it safe.). We could be in for a new ATH pump if we see a...
BINANCE:BTCUSDT BITSTAMP:BTCUSD I remain bullish. We might bounce between the $21-27k fibonacci lines and the "main" triangle for a while but we may also see a pump/dump breakout in the coming weeks (should the price decide to go out of the main triangle). Anything above $25k makes me certain that a weekly bull market is very probable . Below $21k is no mans...
Bitcoin is starting to teeter on the border to a bullish trend reversal. The probability of a pump is high within the next 1-3 days. If we can get to a price above $24944.90 USDT/BTC then I would feel safe enough to claim a bullish market trend reversal to at least $29415.43 USDT/BTC. We might see another dip at $24k. Key Takeaways: The $19k support...
Bitcoin has fallen over 6% in mere hours after the announcement that one of the largest crypto exchanges, Binance, is being sued by the SEC. Now seems the best time for me to put in buying orders at certain support price levels. I see three Scenarios: 1.The news that SEC is suing Binance will have no short term aftereffect on the Bitcoin price. The price will...
BNB printed a triple top some days ago, broke a support and now it's placed right in the fibonacci zone of the pullback. A good downward reaction of the price from here could bring the price down to 560 usd.
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
We can attempt to buy EURJPY from specified level as HL ,0.5 FIB also occur , and no bearish divergence. SL , TP mention in chart.
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.