I entered a bearish position on ABC at the 2.618/1.272 confluence zone a bit ago and since then it's gone up to the 1.618 of this 3 Drives pattern. I think it will be worth entering one last time as we are on the way to confirming a Bearish Harami at these levels, which would later result in Bearish Divergence on the weekly if it begins to play out.
I invite you to review the LTC chart on a single day interval. As we can see, the price stayed above the uptrend line, and including the corss 50 and 200 emas, we see confirmation of the uptrend. Let's start by marking the support spots for the price and we see that first we have a support zone that starts at $97 and ends at $876, however if the price goes lower,...
Tellor BINANCE:TRBUSDT has completed fourth-wave and it's creating a fifth-wave go up to $12.7 Chart 4H TF, Tellor has a Resistance Zone around $12, if can get over that level, further target around $12.7 Chart Daily TF, Easily spot that resistance ($12) on daily chart. I expect Tellor (TRB/USDT) will pullback when hit those level (12 - 12.7)
Oil has been treating previous month's 50% level as fair value. Simple fib level retracement from last Thursday's expansion. Confluence of last month's 50% acting as f value + 70.00 key level + 50% fib retracement level 300 pip drop to previous week's low. Keepin' it simple.
If helps you, please like and share. #price_action #trend_hunter BINANCE:ETHBTC
As the third, we will check the DOT chart on the four-hour interval. As we can see, the price is above the uptrend line marked in yellow. Let's start by marking the price support spots and we see that we first have support at $4.84 but if the price goes lower then we have another support at $4.72 and then we have a very strong support zone at $4.60 $ to...
Hello everyone, I invite you to review the chart of BNB in pair to USDT, on a four-hour interval. In the first place, using the yellow line, we can mark the uptrend line that did not hold the price, while currently, using the blue lines, we can mark the downtrend channel from which the price goes sideways. Now let's move on to marking the places of support. We...
Of course, I am still bearish on Bitcoin, and we are going to hit 20,500 or 17,000 this year. But before it happens, we can go as high as 33,000 because there is a lot of liquidity to be taken. I started to be bearish around 30k a few months ago, and nothing changed in my outlook. But I think 6k and 10k are not possible anymore because Bitcoin proved its...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked...
EGLE Trap and range decent gains coming
Bitcoin is pumping, but buying at the current price is not worth it at all. I have been talking about the 10k, 15k, or 20k (unfilled CME gap) for a long time. Usually, summer is choppy, followed by September and October, which are generally very bearish months for Bitcoin. Of course, I am not here to immediately FOMO into Bitcoin, and I do not recommend anyone...
Based on my study on Gann + Fibonacci + Elliott Wave, here's i present you the 2 months forecast for GOLD Calculating swing height is much more harder since it was actually controlled by monetary policy rather than just a natural phenomena, what we can actually count is just the time So we know when it will go up or down I don't guarantee a perfect timing nor...
Gold has Double Bottomed at the PCZ of a Bullish Butterfly that is visible on the 1 Hour time frame; if it plays out it could go up to at least $1,958 and at most $2,022
As we expected in the previous analysis, Bitcoin came to our trend line Bitcoin is in an ascending channel Fib Extension 0.5 Fib Retracement 0.88 The moving origins are close together (100 & 150) We have reached the supply area
Today I opened a short on BTC, and in this analysis, I will tell you why. In the previous analysis called "Bitcoin - The biggest bull trap in history!" I told you I wanted to short Bitcoin at the 0.618 FIB retracement; today we reached the important level and took liquidity above the previous swing high. Now everyone is extremely bullish, and it's time to short...
CHN50 - 24h expiry - We look to Buy at 12570 (stop at 12490) We are trading at oversold extremes. Short term bias has turned positive. This is positive for sentiment and the uptrend has potential to return. We have a 61.8% Fibonacci pullback level of 12570 from 12244 to 13098. Preferred trade is to buy on dips. Our profit targets will be 12770 and 12810...
This is the description for the BTCUSD analysis on the monthly chart.