BTC may have opened a new channel. If it can continue in this channel and BTC.D falls, there are many rockets waiting to fly in altcoins. Or I could be too optimistic for the market. What do you think?
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Introduction: In this revised analysis of the DXY, we explore a multi-layered Elliott Wave structure comprising three main waves – blue, orange, and red – and examine their interactions within different corrective channels. This analysis also considers historical economic events and current global shifts to project potential future movements of the DXY. Wave...
BTC has been ranging within an ascending channel since mid-October of 2023 and is currently testing the lower trendline of the channel. If the trendline holds, we can expect a bullish move back towards 49k. If the trendline fails, BTC will likely retest the 41k - 40k support area. Keep in mind that recent ETF approvals have created additional uncertainty in the...
Price moving in ascending channel and respecting trendline, good buy opportunity! Happy trading. EP: 1.63715 SL: 1.63221 TP1: 1.64209
Hello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price a not long time ago started to trades in an upward channel, where it at once rebounded from the resistance line and declined to the support line, breaking the 43200 support level, which coincided with the support zone. After this, the price tried to...
Intuitive level ⚡ Used vision Technicals 6 senses And maths. Let's see how this plays out. Will be posting after, win or lose.
BTCUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is very healthy retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH. What you guys think of this idea?
FX:GBPUSD continues to form consolidation in the ascending triangle format. Bulls are gaining strength and trying to break through the resistance zone 1.2780 - 1.2800. The currency pair is in a global uptrend and according to a number of prerequisites this direction may continue. If we pay attention to the TVC:DXY , we can see that the index does not react...
After a strong bearish impulse, EURCHF was consolidating for 2 weeks within a narrow range on a daily. Yesterday's CPI report triggered a bullish reaction on the pair. It managed to violate the upper boundary of the range. I think that the market may start a correctional movement now. Closest resistance - 0.94 ❤️Please, support my work with like, thank you!❤️
Central Bank Meetings: Bank of England Monetary Policy Committee (MPC): This takes center stage on Wednesday, January 10th. A 50 basis point (bps) rate hike is widely anticipated, but the market will be looking for any hints about the future trajectory of rates. A more aggressive tightening path could strengthen the pound against the dollar. Economic Data:...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
I went down to the crossroads Fell down on my knees I went down to the crossroads Fell down on my knees Asked the Lord above for mercy, woo-ooh Save me, if you please I went down to the crossroads Tried to flag a ride Went down to the crossroads Tried to flag a ride Nobody seemed to know me, woo-ooh Everybody passed me by.... * Beniamin Mincu is doing a...
Bitcoin BINANCE:BTCUSD continues to consolidate within an ascending triangle. Recently, the market was spooked by strong sell-offs, but, technically and fundamentally, nothing terrible happened. On the chart we see several important nuances: long shadows, ascending triangle, false breakdowns of local support zones, false breakdown of resistance, which is...
Price broke out of a descending channel impulsively that's more visible in 1HTF, but Currently on 4HTF, OANDA:EURJPY is trading in an ascending channel, I'm expecting price to test and validate the upper trendline of the channel, then a continuation flag pattern which will serve as an entry opportunity. If you found this helpful please support your fellow...
AUDUSD is currently within an ascending channel, displaying a bullish divergence on the 1-hour time frame as it transitions from a higher high (HH) to form a new higher low (HL). Anticipating a breakout to the upside based on the present analysis, a trade recommendation is provided with the expectation of establishing a new higher high (HH).
XAUUSD is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level. If the sell momentum continues the next target could be 2000 What you guys think of this idea?
Hello traders, I want share with you my opinion about Binance Coin. Observing the chart, we can see that the price not long time ago made a strong upward impulse to 336 points, thereby breaking 326 and 297 levels. After this, BNB started to decline inside the downward channel, where it at once, after a strong impulse up, made a correction movement to the support...