price made a double top at 162.300 rejected and moved down. price bounced off 161.975 and started a retracement. price rejected off a lower tf fvg and made at double top in the fvg zone which happens to be at the golden zone. i expect price to break the 1 hr trendline fill the lower ob.
price made a series of LH and LL resulting in a downtrend. Price recently broke out of the downtrend and made a choch and retested the OB on the 15m tf. using the taps of the trendline we can see there is liquidity over top. we can waot for a choch on 1m tf to enter.
The probability of BTC making new all time high before halving is low, according to me BTC will make a correction of 40-50% from previous ATH around halving or after that and then BTC will make a new ATH around nov-dec of 2024.
BYBIT:MULTIUSDT.P Today I've hit multi purely for the fact that it is reacting off the $1 mark and the volume is starting to sky rocket... I could probably get more than a 1:5 but I'm being honest with myself and letting my consistency take over here.
- SOL had a nice cup patter and showing overall bullish sentiment. - If SOL manages to break its Previous Resistance level then its an easy run for SOL to reach new highs - Currently price is around the support zone and this consolidation is expected to continue for couple of days - Once this consolidation is over we can expect the price to bounce up, if the...
Price made a double top at 0.88168. it rejected the high zone with a bearish engulfing on the 15m and also formed a head and shoulder. we can use price action on lower tf for a entry at the retracement of the right shoulder and .618-.786
BINANCE:WOOUSDT had significant correction since the last pump which reached up to 0.52 price level. Since WOO has a decent correction, it is currently consolidating around the 0.337 area and getting good accumulation before the reversal. We can expect the price to bounce back after the consolidation or go into further correction upto 0.24. If the price bounces...
Gbpusd made a double bottom after a strong downtrend that left inefficacies in the market. if we look at most recent p.a we can see price broke previous internal equal highs and grabbed liquidity. price started retracing down after breaking 1.26090(where equal highs were located.) which was the last major high. it also created a choch ob that is still unmitigated....
Last weeks high: $42827.56 Last weeks low: $40677.38 Midpoint: $38527.20 As the first month of 2024 nears its end BITCOIN finds itself back above 40K after spending half of lasts week below the big even level. There are 3 main FVG's I have my eye on: - At the previous weeks MIDPOINT level 40.5K (1H) - The drop from 49K has left a large FVG at ...
Just a quick idea on the state of BTC going into the halving. The countdown to the next big BITCOIN event has started, THE HALVING Historically this is the event that kicks off the BULLRUN every 4 years. Mining rewards go from 6.25BTC to 3.125BTC and this gives miners a dilemma, do they hold on to their BTC they earn and only sell to cover costs, this...
ETH has been trading on a smaller timeframe inside the sideways path, where it bounced from support to resistance and so on. We have displayed here more of multiple setups than one correct way of movement for this coin! As we are inside those zones, we are looking at that sideways movement, but upon breakout or breakdown (a clean one), the plan will change...
SEI is a project that I have a lot of interest in this bullrun. It boasts the fasted blockchain in the industry and a focus on trading. A v2 upgrade is also on the way, SEI v2 will become the first parallelized EVM blockchain. Staking incentives too with possible airdrops on the network. SEI's price has increased 250% in the last month and the chart suggests a...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 When price entered to upward pennant, it at once bounced from support line and rose to $1.0845 level. Soon, Euro broke this level, which coincided with support area, and rose to $1.1005 level, but at once made correction from it. After correction, Euro made a...
Last weeks high: $43584.42 Last weeks low: $41935.80 Midpoint: $40287.19 With the BTC sell off underway post ETF approval, we start the week hovering just under the previous weeks low of 41.5k. This area is the key S/R zone in my opinion and for now it looks like BTC bulls are struggling to reclaim that level. I previously stated in the last weeks...
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price some time ago reached the buyer zone, which coincided with the support level, and a short time later EUR broke this level and rose a little higher. But then, the price turned around and fell to the support line, which is located inside the buyer zone. Next,...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 When price entered to rising channel, it first declined to support line and then at once bounced up to $1.0725 level. Then EUR broke it, but at once made correction below, after which broke this level again and continued to move up. Next, price reached resistance...
Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 Recently price entered to falling channel, where it reached $0.5935 resistance level, which coincided with resistance zone. Then price bounced and in a short time declined lower than $0.5600 support level, and later it declined to support line. Ripple bounced...
Hello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price traded in a triangle, where it rebounded from the resistance line and made a downward impulse to the support line, breaking the 42300 support level, which coincided with the buyer zone. After this, BTC at once rebounded from the support line and in a...