Hello everyone, I invite you to review the chart of ETH in pair to USDT, also on a four-hour interval. We will start by marking the place where the price rebounded above the EMA Cross 200 blue line, remaining in the ongoing downtrend. Further, using the yellow line, we can determine the downtrend line under which the price is currently located and from which it...
Hello everyone, I invite you to check the current situation on the BTC pair to USDT, taking into account the four-hour interval. First of all, we will use the yellow line to mark the downtrend, which the price could not overcome, while at this point you can mark the triangle in which we are currently moving. Moreover, locally, it is worth marking the sideways...
Hello everyone, let's take a look at the ETH to USDT one hour chart. As you can see, the price is moving above the first and second lines of the local uptrend. After unfolding the Trend Based Fib Extension grid, we see that first there is a support zone from $1715 to $1705, then there is a second zone from $1696 to $1683, then support at $1666, and then strong...
Nearing the same VWAP rejection from March 22 and a 33% fib Only a caution for those leaning long (me, in the short-term). I'll be using tight risk mgmt as we get near the 'September Effect'
EURUSD 4H Bullish & Bearish and M and W. Double tops and bottoms are important technical analysis patterns used by traders. A double top has an 'M' shape and indicates a bearish reversal in trend. A double bottom has a 'W' shape and is a signal for a bullish price movement. Double top and bottom formations are highly effective when identified correctly....
Hello everyone, let's take a look at the BTC to USDT chart in a one-day timeframe. As you can see, the price is moving strongly towards the downtrend line, but still stays below it. When we unfold the FIb Retracement grid, we see that the first support is at $27,506, then the second support is at $26,277, and then the third support is at $24,820. Looking the...
FL on the 15-minute chart has indicators showing bullish divergence after the big drop on the earnings miss. The volume profile shows heavy trading volumes at the 15.60 level. I am looking for a long trade to the mid-fib level of $20.00. I will set a buy stop at $ 15.60 for when price crosses over the PCO line of the volume profile for a trade anticipated...
Price builds beautifully into a premium higher time frame pd array (Daily FVG) above the 50%. Created an ascending channel. We also started seeing some RSI Divergence. Expected to see high of the week form at that area. (Open, high, low, close week) Looking for shorts throughout the whole week as i'm bullish for DXY.
Hello everyone, I invite you to review the DOT chart in pair to USDT, on a one-day interval. First, we will use the blue lines to mark the downtrend channel in which the price is currently holding. Moving on, we can move on to marking support areas when we start a larger correction. And here we can mark the support zone from which the price bounces from $4.36 to...
Hello everyone, I invite you to review the current situation on BTC in pair to USDT, taking into account the interval of one day. First, we will use the blue lines to mark the downtrend channel, which the price has left with a strong downward move, while we are currently seeing a sideways exit from the downtrend line. Now we can move on to marking support areas...
Hello everyone, let's take a look at the ETH to USDT one hour chart. As you can see, the price is staying below the local downtrend line. After unfolding the Fib Retracement grid, we see that the nearest support is at $1641, then the second support at $1626, the third support at $1605, and then the fourth strong support at $1580. Looking the other way, we see...
FX:GBPUSD breaks the trend support and is in the red zone, but the price may form a false breakdown and counter-trend correction before further fall On the chart we see a global uptrend within the price channel, but at the moment of strengthening of the dollar, the currency pair gbpusd breaks the support of the trend and is in the red zone. As part of the...
Hello everyone, let's take a look at the BTC to USDT chart on a one-hour time frame. As you can see, the price has moved sideways from the local downtrend line. After unfolding the Fib Retracement grid, we see that the price holds before the support zone from $26085 to $25913, then there is support at $25668 and then at $25350. Looking the other way, first...
OANDA:XAUUSD is within the descending price channel. The trend break occurred at the end of June. Within the current channel, the price makes a false breakdown of 1902 and forms a rebound to resistance, which many perceived as a trend change, but it is not so There are not many key news releases this week, but all of them are published on Wednesday, they are...
Hello everyone, let's take a look at the BNB to USDT chart on a one hour time frame. As you can see, the price has moved sideways from the local uptrend line. After unfolding the trend based fib extension grid, we see that the price is in the support zone from $216 to $213, then there is support at $211, third support at $209, and then support at $205. Looking...
Hello everyone, I invite you to review the chart of XRP in pair to USDT, on a four-hour interval. First, we will use the blue lines to mark the downtrend channel where the price is moving in the upper range. Moving on, we can move on to marking support areas when we start a larger correction. However, here, after unfolding the Fib Retracement grid, we see that...
Hello everyone, I invite you to check the current situation on BTC in pair to USDT, taking into account the interval of one hour. First, we will use the blue lines to mark the downward channel from which the price went up at the uptrend line, but now we can mark the local channel in which the price dynamically went down. In order to determine price support, we...
Hello everyone, let's take a look at the ETH to USDT chart on a one hour time frame. As you can see, the price is trying to stay on the local uptrend line. Let's start with the support line and as you can see the first support in the near future is $1646, in case of a support break the next support is $1633, $1613 and $1589. Looking the other way, we first have...