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no need to say something , chart is speaking it self .
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The markets are always changing and even with all these signals, the market changes tend to be strong and fast
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Not only did we overcome the double top zone at 12.5k but we hit and surpassed the bullflags breakout target at 12.7k! If we can solidify support above 12k We will be heading much higher soon after as we are breaking up out of a huger symmetrical triangle that could take us to 19k and we still have the big weekly IN H&s breakout target of 17k to hit as well. The...
In early September, we saw a boost in EURGBP. Then a long correction began. All the time we see how the correction is exhausted by making the lower bottoms.
We have already seen a higher bottom and a break in the resistance. Now the previous peak is about to be break and we are heading to 0.9280 and higher!
A critical level for the analysis is that the price...
Ethereum is more than one week behind Bitcoin, as on the chart you can see that Ethereum is in a Ascending triangle formation, the same formation in which Bitcoin was last week.
A good for the price to be in this ascending triangle is the fact that Ethereum is launching new version of it, called Ethereum 2.0 that will for example support token lockup.
Lets take a look at AUDJPY's higher time frame.
When we look at the price action before the Covid pandemic, we can see that there was a larger ascending type of channel to correct the price, then a sharp move on the intraday to push the price out of the channel.
We then see a period of consolidation, good correctional structure was form then...
Looking at XRPBTC for the next bullish impulse.
We can see price had its bullish price action from the bottom of the HTF descending channel structure, and has push up aggressively during early August.
Price then begin its consolidations, and correctively moved down the price within this smaller channel structure.
Latest price action do...
Looking at NZDJPY for sell opportunities.
Price is sitting at the top of the larger structure, double tops, and correctively moving up in an ascending channel.
I will be waiting for a confirm breakout from that channel, and lower time frame continuation correction to get in the sell.
Look to see how price will do once hits the bottom of the...
NZDUSD on the daily chart created a double top before bouncing over daily support.
Price touches the 0.5 fib retracement level and couldn't manage to break above.
IF the market will manage to break below the 0.65750 and consequently break the flag we can set a nice short order according to Plancton's strategy.
Follow the Shrimp 🦐
Here is the Plancton0618...
Looking at XRPUSD for the buy in the up coming days/weeks.
We see price had already impulse out of the HTF structure, and begin to form this channel structure correction.
The price is moving very corrective within this channel, very good indication that this is a continuation structure to correct the previous bullish impulse, and we can expect...
EURNZD is showing us a good structure development, and we could potentially see this sell opportunities from the top of the structure.
We See the overall price had a bearish impulse down from the previous head and shoulder pattern, and begin to form this larger expanding structure.
Price has been moving up and down, and we see price is right back...
Chainlink seems to have bottomed at 7.2869 as Pivot suggest and also daily support area
Looking more at daily, MACD is in third selling wave which ussualy means that sellers are satisfied enough.
Daily candle has a good possibility of bullish engulfing if the price closes above $8.75 per Link.
Looking at current hourly...