Today we are going to look at different times frame from the medium to the short term (W1 - D1 - H4 - H1)
Last weekly price action, triggered on a closing basis a "shooting star" which means a warning signal for a potential trend reversal
Indeed, such kind of pattern should be considered as a negative point as this type of candlestick is formed when
Today we are going to look at the weekly picture !
My expected upside target (68'000) has unfortunately not been reached, the highest level seen so far was 66'894.
Potential double top formation in progress.
In addition, the ongoing weekly closing and the shape of its candle will be very important
for the future !!!
Indeed, currently, the current price action is...
High volatility and "rock and roll"... seen over the last 8 hours...
Mid Bollinger, leading support indicator, worked once again perfectly well on a closing level basis :-)
Last H4 candle on a closing basis triggered firstly a long white bullish candle..but secondly
also triggered a second RSI bearish divergences, calling for a greater caution.
In addition, a...
Today, we are going to look carefully at the price action seen on the hourly chart which is showing
that the BTCUSD has briefly reached the important psychological resistance level of 60'000.
More important is to analyse the recent and current price action !!!
Indeed, the top of the ongoing uptrend channel has once again been briefly broken on the upside,...
URA (Uranium) is one of the best investment in commodities to be consider now and for the future.
It is a strategic buying opportunity calling for huge upside potential first target being :
$ 37.05 ahead of $ 55.68
Yesterday's breakout (see below on related ideas my private analysis written yesterday for detail)
TRUST ME :
BUY ON DIPS
All the best and take...
Last weekly closing level @ 61'538 could be seen at first degree as a positive signal for further upside.
Nevertheless, the resistance line of the ongoing primary uptrend channel has not been broken yet and in addition
the BTCUSD is currently traded around the secondary uptrend support line (three white soldiers support line !)
A failure to hold above...
Good morning to all of you.
Today we are going to look closely at the weekly picture in drawing several trading zones :
I : BREAKOUT TRADING ZONES
II : BULLISH ZONE
III : SUPPORT ZONE
BREAKING ZONES :
In looking at the last three weeks price action, a " Three white soldiers" pattern has been identified and each weekly closing level confirmed an upside...
Volatility seen yesterday inside the triangle pattern; indeed after having been under selling pressure,
test of the triangle support line, which finally hold and trigger a nice rebound, in breaking on the upside in
reaching a high so far of 14'905, filling on its way up the 50% Fibonacci retracenent @ 14'883 of the former leg down from
15'399 to 14'367.
Good morning, today we are going to look at the H4 and H1 time frames which are both showing some growing uncertainty about further development.
Indeed, I mentioned in my previous analysis to look carefully at the 48'000 as a barometer indicator and looking at recent and current price action we can
note, so far, some lack of momentum to clearly confirm a breakout...
Good morning, today we are going to look at the daily picture which yesterday, on a closing basis, triggered
a bullish engulfing pattern.
Indeed, as mentioned in my previous analysis (see related ideas below) I highlighted, the importance of the clouds
support zone on this D1 time frame and you can see the confirmation on the chart.
Clouds once again worked...
H4 : Last candle closing @ 44'636 is the first warning signal which triggered, as expected and mentioned in my previous
analysis published yesterday, a "shy" pullback, which should be watch at very carefully and which will be crucial for further development.
Indeed, a failure to recover above the ongoing support trend line (green line) and watch also RSI which...
Good morning, today, we are going to look at the 4 hours time frame.
Indeed, as you can see on this chart, the MBB worked perfectly well so far
Therefore, I strongly suggest to look carefully at the cluster zone, currently
around 45'800 (KJ and MBB) as for the time being, several upside breakouts attempts
have been rejected by the Mid Bollinger Band which...
Good Morning to all of you :-)
Hope you are well today ?
We are going to look at the daily time frame today.
Indeed, following the bearish engulfing pattern triggered a couple of days ago (very long black candle) and the downside breakout of the cluster (TS, MBB and KS),
the BTC attempted to recover without great success so far as you can see in this chart...
Today we are looking at the H4 time frame.
The triangle formation I mentioned yesterday did not really worked !
Nevertheless, the 46'900 area worked, so far, perfectly well in rejecting the breakout
attempt on the upside . We can see now a switch in price action, from a uptrend
(green arrow) to a downtrend (red arrow) with a first pullback rejected by the...
Good morning to all of you. Hope you are well today ?
We are looking at the 4 hours chart where you can see a triangle formation in progress.
Breakout levels to watch are the following :
46580 on the upside
45783 on the downside
Breakout (confirmed) implications should trigger a +/- move of 3'200 points targeting respectively
49'780 on the upside and 42'580 on...
First of all, please apologize for my absence over the last couple of weeks ! I had some problems with my
disease (cancer) but fortunately everything is now OK again and I am back in the market :-)
Following the flash-crash seen yesterday where, as you know the BTC lost roughly 10'000 points in a very short
period of time, I thought it was the good timing to...
M1 : 50 % Fibonacci retracement (64'895-28'600) @ 46'747 filled intra month high of 46787
W1 : Kijun Sen @ 46'747 should be seen as THE KEY PIVOT LEVEL on this time frame !!!
Indeed a weekly closing above this point would be the first significant signal calling for further upside
towards the psychological 50'000 level ahead of 51'030 (61.8% Fib ret).
H4 time frame is showing an ongoing bearish price action, putting now the Mid Bollinger Band, currently @ 43'238 under attack.
Therefore, MBB, should now be seen as the LEADING INDICATOR for the upcoming hours. Indeed, a failure to hold and stay sustainably
above this important support level, would open the door for further downside, having in mind the next...