The phantom has reached the bottom of the hypothetical channel in daily timeframes with bad news. In this area, bitcoins are suffering and buyers and sellers are waiting for the news. The canal will come back and in the long run cross the channel roof to create a pattern and make the buyers happy. 3/13/2022
Hi Traders, EURGBP is at an key area to find another buy opportunity after the bullish continuation developes further and makes a few more swing highs/lows. After a breakout and continuation, more movement up usually follows. Do you agree? Leave a comment below and let me know what you think of this pair. Click the like button if you agree with this idea....
It has formed a pin on the bottom of the bullish channel, and if Bitcoin does not move abnormally downwards, it is expected to experience a channel ceiling in the long run. Since Alice does not have much data, this seems to be the most likely scenario. Of course, the situation in Ukraine should not be ignored.On the other hand, it has broken its weekly downtrend...
Btc is in channel phase after a big spkie and and it's in the floor of channel. In the other hand btc is in a strong demand Zone.
As you can see there is a parallel channel in shorter time frame in nifty, if the channel breaks then the targets coming are 16820, 17070
On 4H TF BINANCE:FTMUSD has been completing the correction wave ABC. Detail at: After that, FTM comes in a new cycle within short-term target at 2.1 Wait and see
FOSL Weekly - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Trend Lines , Parallel Channels, Confluences - Hope it Helps, Good Luck
Hi Traders, EURUSD is at a key level for a good buy opportunity as you can see on the Daily time frame, price has lost a lot of ground due to the Russia and Ukraine situation. I do believe Euro pairs will regain their losses very soon as you can see buyers attempted to push the price up this past week. Next week will be interesting to see buyers can push this...
Hi Traders, Price action shows us that we still have upside room towards top of the HTF structure before USD will strengthen. Wait until LTF correction is completed before looking for any sells. Follow your trading plan and make sure your entry criteria is met. Share a comment below and let me know your view on this pair. Click the like button if you agree...
Although the slight upward trend over the last several weeks is hopeful, we have not seen an engulfing candle on the weekly chart. This could still be a bull trap ready to go to $30K.
HELLO GUYS AND THX FOR SUPPORT. -It is clear that an ABC BULLISH triangle has formed, complete at point C, and we confirm this by arriving at three strong intersecting support logics: 1- The mid-line of the ascending channel 2- Touching M50, which is also a strong support line 3- The horizontal strong support area, which was a resistance area in the...
Hi Traders, Looking at the current price action on DXY, we can see that price is near the top boundary of a reversal channel which indicates that we can potentially see weakness on the dollar in the next coming weeks. What is your view on USD pairs? Share a comment below and let's talk about it. Trade Safe!
In today's analysis I bring two new basic notes on the (2h) BTC chart; REVIEW : We are going to make a brief review of the last publication in order to be able to base ourselves on the last analysis. The latest BTC analysis published on the four-hour chart exposed the most likely of the bullish moves, and so it happened. Through the reverse...
Price Action and chart pattern trading setup > Sideway uptrend PARALLEL CHANNEL with key resistance SMA400 and SMA200 Indicator: > Smart Money Volume Spike at pivot point > Banker Fundflow RSI strong uptrend above 50. > BBD bullish signal crossing up baseline. > KDJ STO bullish signal crossing up 30. Always trade with affordable risk and respect your stoploss
What if it was this easy? No indicators, no log chart, just a channel we've been in since December. If this leg takes as long as the last two, we're looking at ~$73000 around the 4th of July
1)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts... Disclaimer
Hi Traders, Looking at the HTF we can see that price has been consolidating within larger descending reversal structure got quite some time which finally broke out to the upside but failed to continue any higher. Instead price impulsively reversed down and then created a corrective structure which tells us there's potential for more downside movement to come. ...
On daily chart BTC has been accumulating very long time in range 33 - 46K. That is the fourth wave of impulse wave. After that, the final wave will happen that go to 120K with condition BITSTAMP:BTCUSD won't hit a invalidation level. When BTC surges to 47K, the party will start. Time will tell.