hi guys i think this can be best scenario for icp i hope this analysis help you so much
Daily timeframe. The price broke the medium-term downtrend structure. The bearish structure appeared divergence and the price broke Key level 0.71000. Waiting for a retracement to the 61.8 Fibonacci zone of the up move could be done to look for buy setups on smaller timeframes. The profit target is the price zone of 0.73000 when the price has signaled to confirm...
H4 time frame. Structure: Uptrend. The upside momentum is waning as the price approaches the critical resistance at 50000. In the bullish case, a clear move, as well as important confirmation, is needed to avoid a false breakout as the current bullish momentum is very weak. There is a high probability that the price will continue to move the Sideway between 46000...
nzdjpy is at the key level where that level is quite crucial, put a stop cell and buy stop there, and don't forget to stop loss, happy trading
H1 time frame. The price has consecutive low highs and lows confirming the downtrend. However, the price is still holding firmly in the sideway from 46400 to 49400. The 46400 price area is critical support. Here, waiting for a bullish signal again, price can move towards the target of 49400. In case the falling price breaks this support level, it is necessary to...
H1 time frame. Structure: uptrend. The price moves within the ascending channel. There are currently 2 important support levels at 1810 and 1795. Waiting for bullish setup signals to appear in these zones. The profit target is the 1834 resistance zone. ----------------------------------------------------------------------------------------------- Wish you all have...
H1 time frame. After an upward move through the key level of a short-term downtrend on the 1-hour timeframe, the price did not get bullish confirmation. Instead, there was a false breakout and strong down at resistance 49400. There is now confirmation of the downtrend returning after this down move. It is highly likely that the price is moving sideways in the...
H1 time frame. After a strong bearish move from 110.800 to 109.100, the price formed a red ABC pattern (Simple Flat). Top A and C form resistance at the 61.8% Fibonacci retracement of this down move. With the last bullish move of this pattern, a blue ABC divergence appeared. The current price has broken the Key level and is waiting for a retest, confirmation...
H4 time frame. Structure: uptrend. The price retracement to hit the trendline and support at 1.26000. Wait for the appearance of bullish patterns along with buy signal here. Profit target at resistance 1.28000. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
We have bullish structure with breakout and retest of key demand which was previous supply. I am Bullish on the pair. Favorable price action only. Will update as time goes on, stay tuned! Good Luck! God Bless!
The pair just created bullish structure. We have a breakout of the wedge and it retested key demand level which was previous supply. I am Bullish. Favorable price action only. Will update as time goes on, stay tuned! Good luck! God bless!
Timeframe: H1 Downtrend was confirmed in H1 After price had broke key level in H1, retraced to Fib 61.8 at 49400. At the same time, price broke above a down trendline and continued a strong move following downtrend. In here, you can wait for a consolidation pattern after retest to short BTC. Target at 44000 - old...
I posted a short setup which played out as analyzed. However alternatively I am seeing the buy setup about to play out to reach key supply level in the market. But as per usual only time will tell hence tight SL. Will update as time goes on, stay tuned! Good Luck. God Bless!
H1 time frame. Structure: The downtrend has been confirmed. Price broke the Key level after the divergence signal. Wait for the price to retest the downtrend line, it will likely test at the 48800-49000 area, and then appear a sell signal, then you can enter the order. Profit target with short-term sell order is 47200 and...
H4 time frame. The downtrend structure has been broken, the price is currently retesting the Key level at 0.85500. Wait for the buying signals to appear here. The profit target is the old resistance area at 0.86600. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
Closed above golden fib level with a nice amount of volume. Watch for a hold then push from this level.
The current price action played out as foreseen we didn't however capitalized on it. Will look for future opportunities.
We have interesting price action on this pair coming into strong monthly support. If price holds at 84.580 and rejects to the upside we are confirmed bulls. However if we manage to break below that level we are confirmed bears. I am predominantly bullish on the pair from that level but I am open to adapt to favorable price action, we react accordingly. Will update...