BTC. Positive angle and quite neutral news background facilitated the recovery of the instrument to capture above 17400. Volumes are higher than average and the activity is rising to break the level. Watch the activity on the level.
My forecast is that we will see a bearish outcome for the crypto market after the November 8th Elections, especially for Litecoin LTC, which is overvalued.
LTC/USDT short
Entry Range: $68 - 70
Price Target 1: $65
Price Target 2: $62
Price Target 3: $56
Stop Loss: $83
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Hi Traders & Investors
Here is short idea for GBP/USD.
Reasons:
- Price has broken 365 days uptrend line.
- RSI has downtrend in TF 4H
- Price has pulled back on broken trendline and supply zone.
So as i said last week we we tapped the weekly resistance plus price have rejected the weekly 61.8 % retracement level . Yesterday when the market open we saw a gap and price open bearish and tested the previous last week low 3 times and we see price highly rejectded giving us more confirmation for short. Also we see break of structure in the H1 which confirms the...
Hello Everyone! Hope you start the week with profit, or no loss :)
So, AUDUSD
1. Channel: Hitting the top line
2. Old Support line that became resistance and the pullback
3. EMA: Bearish and right on top of the price
4. Oscillator: Overbought area
5. we have also a supply zone above
Summary: its looks we are at the end of correction and going to start...
