We explained about this upcoming rise when we had fake breakout : and then as confirmation of pump, we need that the black trendline break and it happened and the pump continues. Now we have a valid resistance zone ahead that we may see some correction there at least if not dump happen, what do you think? (lets discuss in the comment section) Notice: daily...
I am not convinced that we go down from here. I know many are calling the $8k again, but I would really be careful with shorting into this. This construct that we see here, looks at the moment more like a temporary retrace to satisfy profits and short scalpers, this does not look like a typical local high. The old A&E max-neckline was accepted as support and we...
The main question that is in cryptocurrency market: this is X in bear market or 1 in new bull market? From my point of view the first variant is more possible because there was too short range in bottom of the market and long-term wave analyze points out that market is in Y now in subsequence X(ABC) Y (ABC) Z (ABC).
There is great probability that now bitcoin in wave Y in subsequence XYZ, after Y the new price reduction of BTC will begin. So BTC will reverse if it reach final range 200-600.
DrGraph points out more on the use of Local Maximum / Local Minimum and C75 / C25 tools in Forex Insight Pro 3 to tell the time of price recovery from all-time-high correction in a SET:IVL monthly graph.
In this clip, I studied very early trading hours of a newly IPO stock SET:TPLAS and looked for investment opportunities for small profits.
This clip shares how to use yesterdays high level as a key resistance in M15 time frame of EURUSD graph. Double Tops or M pattern often form at yesterdays's high level.
This video shows how to spot an onset of a new uptrend during early months of IPO stock when the popular RSI and MACD tools give no data at all.