Price is currently trading in an Ascending Channel. Turtle soup/double top formation on Friday last week. With a 50% fib retracement in today's London session, we take our sell entry. Targets around the equal lows at 104.200.
GBPJPY violated a resistance line of a wide horizontal range on a daily yesterday. The release of the CPI data increases a bullish pressure. Chances are high that the growth will continue. Next resistance - 188.28 ❤️Please, support my work with like, thank you!❤️
Update for GBPJPY. The price retested a broken structure on a daily. After its test, we can see a formation of an ascending triangle pattern on an hourly time frame and a bullish flag. The resistance of the flag was broken after the market opening. We can expect a further growth on the pair at least to 185.8 ❤️Please, support my work with like, thank you!❤️
In addition to the formation of a triangle and a global downward channel, the price forms another, more global and more downward channel. Notice how exactly the price touched resistance after sold out of one of the main whales - this means the channel is valid, since at such a time interval the price did not violate the channel structure. Now as before, I...
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.
Just look at the chart. it explains everything. bye
BINANCE:BTCUSD tested a new high of 49K amid increased volatility due to positive news for the asset. But, as we can see, what many did not expect was a strong sell-off. I have been talking about sell-offs from the 48250 level for a while now, since mid-November 2023, the moment BTC entered a new range. The 48250 area is a strong resistance with a huge pool...
Hello Everyone 🙋🏽♂️ Ascending channel 💲 Entry Point : 1.09633 ✔️ Tp 1.11364 🔴 SL 1.08784 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $. Don't forget to hit the like bottom and write a...
MATIC/USD and MATIC/BTC - Both reaching into oversold levels on the RSI - Both in parallel channels & near or at bottom A long term accumulation window may be opening here Its very important to review my TOTAL 2 and TOTAL 3 Altcoin charts which shoe that a secular bull run for alts is more probable between Dec 2023 and Mar 2024. Regardless now is the time...
Radiant Star of 2218) One of the most “silent” cryptocurrencies. Unlike its fellow clone, pumped up by the community on the ears of pseudo-esoterics (although 589 is not going anywhere, which is, that is, it is not price)))).... Note that past secondary trend reversals are shrinking after significant dips. We are now in the lower zone of the channel, but not...
Looks like Coinbase put in a head and shoulders. These are the highs for the past year and a half. The calculated lower target is the bottom of the second yellow arrow which, if it bounces there, would create a parallel channel along with the upsloping orange line (My chart has the corresponding lower orange line as well in anticipation of this bounce. Not sure if...
ICP looks really strong; the uptrend just started, and I am expecting another 300% pump in the immediate short term. We can see that the price is moving in this ascending bullish parallel channel, and we have a lot of space for growth. From the Elliott Wave perspective, wave 3 is in progress, and wave 3 is usually the strongest wave. You do not want to miss this...
595 days of accumulation will be the start of an impressive trend. Given the price fluctuations within accumulation channel - buying now looks reasonable as the potential profit exceeds the potential loss in the short/medium term.
This is a TSLA forecast model based off of historic price action and a mix of confluence. *Still in the workings.
The analysis captures price action strength in sellers and buyers highlighted in green and red. By doing so, this allows me to get an idea where price is likely headed and at the same time using parallel trendlines to help the target areas ($1,150/$2,250), and pullbacks.
Bitcoin has finally achieved ETF listing. This should be considered a historic turning point. However, the market's response has been lackluster. What is happening? Technically, we have descended through eight gray channels and retraced back up four. Although whether this indicates a key level for trend reversal is not yet clear, the harmonic pattern...
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.