Hello everyone, I invite you to review the chart of ETH in pair to USDT, also on a one-day interval. First, we will use the yellow line to mark the uptrend line above which the price is currently holding. Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark support, and as you can see, it is worth marking the strong...
Hello everyone, welcome to Thursday's Cryptocurrency Review. Let's start by checking the current situation on the BTC pair to USDT, taking into account the one-day interval. First, we will use the blue lines to mark the uptrend channel in which the BTC price is moving at the lower limit. Now we can move on to marking the places of support in the event of a...
I think PEPE is a great coin, but we need to buy it cheaper. The 0.618 FIB retracement is a reasonable level to buy the PEPE coin if you believe in another pump. There should be one more pump to new all-time highs after the ABC correction. This coin is very volatile, which is definitely a good sign for all traders because the volatility increases the chance of...
Traders, EURCAD has been falling nicely and gave us a very good short trade. Now it has completed an M pattern in a medium time frame. When the M pattern completes the market goes up. So we can expect this market to rise up any time. Beware that this can still form an extended M pattern as we have a trend lines cross. So trade what you see and only with a...
Bitcoin is very bearish, and I expect lower prices. We have a strong bearish Elliott Wave base (a symmetrical triangle), and on the chart you can see my primary Elliott Wave count. This strong Elliott Wave base is an indication of a big crash. The price should not go above 27666 (only a wick is allowed above this level). This is a strong resistance because of...
If helps you, please like and share. #price_action FX:AUDNZD
Hello everyone, I invite you to a review of the chart of ETH in pair to USDT, also on the single daily timeframe. First, with the blue lines, we can mark the uptrend channel in which the price is moving, while locally, with the yellow lines, we can mark the local downtrend channel. Now let's move on to marking the places of support. We will use the Fib...
Update to prev BTC (3D) LT projections. Next retracement low likely occur end-May to early-June. By mid-Sept, we will be back >30K, likely higher. Also added highlight: 1st LT target @ $99.6k-$119.5k Further technical targets being: $170k, $200k Final technical target: $250k (may under/overshoot this, depending on then global monetary policies / government...
Ethereum shows a lot of weakness on the major timeframes. You can see that the downtrend was pretty steep, and now we are in a consolidation phase. If we take a closer look at it, this is not even an uptrend; it's more like a sideways bearish flag consolidation. A trendline from 2015 on the ETHBTC chart is breaking down, which is a significant bearish technical...
Looks almost done working out sub wave 4 here. I been looking for $1,650-$1,700 TBH but bottom could already be in at the 382% of the 3
HELLO EVERYONE HOPE EVERYONE IS DOING GOOD. * Looking at GBP/JPY INTO THE NEW YORK SESSION 1. Opened the week by taking previouse week BSL. 2. BEAUTIFULY trending towards the sell side. 3. momentum is perfect not too agressive so we can confidently presume we are in a correction towards the 61.8 % fib or 50 % before continuation. 4. Looking at that...
I invite you to review the MKR/USDT chart, for a one-day interval. As we can see, the price is constantly bouncing off the downtrend line, but it is worth noting that these bounces are getting smaller. Let's start by marking the support spots for the price and we see that the first support that the price is currently based on is $ 683 and is located at the golden...
Hello everyone, I invite you to check the current situation on BTC in pair to USDT, taking into account the interval of four hours. First, we will use the yellow lines to mark the local triangle in which the price is currently moving. Now we can move on to marking the places of support in the event of a correction. And here, in the first place, it is worth...
New indicators for trend prediction Measured Move and FIbonnaci suggested a price target at 14:08 near 11:45am, however the chart did not move in line with the trend so a new trend analysis to the downside seems in order, thoughts?
In my analysis on the 2 HOUR CHART, price is moving BEARISHLY, forming a Barrier Triangle Ending Diagonal. Price is currently at 1.25498, I forecast that Wave A may move to price 1.23957 which is 100% of Wave A. Then to price 1.23013 which is 1.50% of Wave A. and finally to price 1.22800 which is 1.618% of Wave A. I used the Elliott Wave and Fibonnaci for my...
I've got a feeling... So, my call for Hex's bottom got a bit messed up as TV decided to re-generate the chart or something. That means my previous charts won't load, but my bottom target box was hit (check the related chart), and we've seen some nice moves since then. With Richard Heart's ETH-Fork Pulse Chain launch looking like it's just around the corner,...
Confirm bullish wave on h1 . frame The golden zone of fibo is the area we need to wait. So what are we waiting for? Waiting for supply exhaustion - selling exhausted And when supply runs out. We continue to wait Waiting for buying - buyers join in Buy structure is formed, will find the ENTRY AREA and optimize the entry point on the m15 m5 frame. Details will be...
CADJPY has a similar pattern as USDJPY. Please see the attached USDJPY analysis: Please support this analysis by liking and sharing. 👍🙂 Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in other...