Hello everyone, welcome to the BNB to USDT chart review on a four-hour time frame. We will start by drawing the downtrend line that the price has broken above, then we can mark the local uptrend line with the yellow line. Now let's move on to determine the support that the price has in case of declines, and here we can see that the first support is at $292.2,...
Thinking we've just completed wave B on the HTF monthly chart in what appears to be a Zig Zag bearish ABC that once completed will make the 5th wave blow off top into summer 2023 or longer / shorter depending on how long it will take for Wave C to push, judging by the way Fed is reducing interest rates a pause seems likely in the next few meetings. This should...
Hello, I invite you to review ETH to USDT, on a one-day interval. let's start by drawing a downtrend line, which as you can see, the price has broken, then we will mark the local uptrend line, above which the price is currently moving. Now as we can see, the price rebounded from the resistance at $1683, only when the price breaks it will move towards the...
Hello everyone, I invite you to update the BTC chart in pair to USDT, on a one-day interval. As we can see, the price has broken the downtrend line, and now we can use the yellow line to mark the local uptrend line. As we can see, the price has overcome a strong resistance at $ 21,500, while currently BTC is fighting to maintain the level of $ 22,817. Only when...
If the market wants to keep a healthy bullish trend, the excess oversold disruption in box 1 should be reflected with price action in box 2, outside of the yellow box. And if the level of prior high at 11727 holds as support upon retesting, we can set our target price at 12068. But if the prior high cannot hold, the market is likely to range. By then, it's safer...
Hello everyone, let's look at the ETH to USDT chart on the 4-hour time frame. As you can see, the price is moving above the local uptrend line. Let's start with the support line and as you can see the first support at which the price is currently located is $1612, if the support is broken then the next support is $1594, $1571, $1503. Now let's go from the...
MTF Analysis Check annotations in the anchored notes for M-W-D-H4/H1 analysis.
This count is slowly working my way into a primary count. Imagine the smell ;)
The 1.618 on a linear scale points @1k The 2.618 on a log scale points @1.21 wich we reached recently and bounced on. Would need further confirmations such as daily close over the 8 daily EMA and the 21 Weekly EMA. AKA My old analysis updated with reverse split price :)
Hello everyone, let's look at the BTC to USDT chart on a single day timeframe. As you can see, the price has broken the downtrend line. Let's start by marking the resistance at $23,146 which as you can see, the price has broken and is now struggling to get it, the next very strong resistance is at $25,177. Now let's move on to the support line and as you can see...
Hello everyone, let's look at the BNB to USDT chart on a 4-hour timeframe. As you can see, the price is moving below the local downtrend line, moreover, on the EMA Cross 10 and 30, we can see the crossover point and an indication of entering a downtrend. Let's start with the support line and as you can see the first support in the near future is $287, if the...
Now we will check the situation on the MATIC chart in pair to USDT, also on a one-day interval. at the beginning, let's mark with a white line, the main downtrend line, however, we can see that the price has broken the local downtrend line. Now let's move on to checking where we currently have support for the price. And here we see that we first have a support...
I want to say bottoms in but really can't, all prior corrections have corrected around 84-86%. Now that doesn't mean 77% correction isn't possible as this is BTC and anything is possible. But seems like there is much confluence around $10,000 and a push here to $25k would need to keep running in order to invalidate my analysis. Seems more probable that $24-$26K...
NSE:NIFTY Fibonacci Retracement plotted on NSE:NIFTY suggests that triple bottom has been confirmed on 50% fib level around 17,792. Trade plan has been shared with Risk / Reward ration of 1:2 Entry : 18,082 Exit : 18,710 SL : 17,776 Good Luck !!
Hello everyone, let's look at the BTC to USDT chart on a one hour timeframe. As you can see, the price is moving above the local uptrend line. Let's start with the support line and as you can see the first support in the near future is $20665, if the support is broken then the next support is $20482, $20338 and $20190. Now let's go from the resistance line, as...
NSE:BANKNIFTY Fibonacci retracement plotted on Daily Timeframe of NSE:BANKNIFTY , identified two possible entry zones previously acting as support & resistance levels.
Hello everyone, I invite you to review the chart of LTC in pair USDT, taking into account the one-day interval. As you can see, the price has been moving in the uptrend channel for a long time, but currently we can see that we are on the verge of exiting the downtrend channel. In such a situation, it is worth marking the places of support for the price, and here...
Hello everyone, I invite you to update the BTC chart, taking into account the one-day interval. As we can see, the price has broken the downtrend lines, what's more, we can mark the Cap and Handle pattern here. As you can see, the formation begins with an increase and the formation of the first round, we have now returned to the level before the price fell and...