Disney has achieved a logical target for this corrective movement. In the chart, however, a slightly bearish H&S formation can be seen, which should be observed in my opinion. 166 USD is crucial: A break below that level would activate 2 more targets to the downside: 155 or (144). That would be a perfect entry. On the other hand, this formation can dissolve very...
XRP is expected to bounce off of the lower Fibanocci Retracement Level in the event of a pullback from Bitcoin
Secondly, the midline of the Gaussian channel is also an area of confluence with the lower Fib
Lastly, the previous swing high -> swing low is copied/pasted and indicated in blue. Matching up with my projection
Buy order @ 0.417
Broke out of the consolidating triangle with a target exactly up to a horizontal resistance. I think we bounce off of it and creating something that looks like an inverse head and shoulders. It looks a bit too wide with small shoulders so what it might do it retrace to the .5 or .6 levels and then keep moving upwards.
We are currently testing 1.42 yet again on this pair.
A potential long term double top formation has occurred. Will this, coinciding with the 1.42 whole level be enough to turn the tide on this pair and put USD bulls back on top?
Always zoom out to the HTF and mark key long term levels - then scale down!
I've been seeing a lot of tweets and posts suggesting this drop and the few more to come are a result of Elon Musk's tweet about Tesla no longer accepting bitcoin. How can you blame one man's tweet, that even states "Tesla will not sell it's Bitcoin" for the drop in price? Here's the truth:
Bitcoin has been far over extended since the first move...
I believe Ethereum is approaching exhaustion. Does this mean we will see a large correction or start of a bear market? No, I personally believe we will continue higher but a short term 10% correction is needed to pass through $3,550.
Here are my reasons for this:
1. The current pattern is an Ascending Wedge which is typically a bearish...
I am extremely bullish on bitcoin and especially alt coins. I know there is a lot of fear in the market right now and hopefully this post can put you at ease. I wanted to remind everyone of a few things. In the 2017 bull market, Bitcoin tested the 20 and 50 MA on the weekly chart several times. It practically danced across those lines. 30-40%...
Happy Sunday! Quick post for today. I believe Ethereum will be the money maker in this alt season. Ethereum has not had a big run up like some of these other alt coins. The chart on the right side is showing a really nice breakout on the ETH/BTC weekly timeframe . I think Ethereum is really going to rip this coming alt season. I also believe bitcoin has...
Bitcoin dropped. I have been calling for a drop to around $45,000 for a few weeks now. My analysis on every chart has always stated that we needed to pay attention to the waning buying momentum and bearish price action on the monthly, weekly, and daily charts.
Now what? Well, I think the first thing we need to do is relax. These moves are...
You have any hesitation above the chart
Have any glitch on the SGDJPY weeklieas chart ? i hope traders can properly indentify my charting glitch !
SGDJPY expectation is rights?
SGDJPY will be gone moon !
#SGDJPY Where will be arrived?
SGDJPY BULL prive movement prediction ready i believe that .
SGDJPY mine own perspective so what's your opinion on the nzdchf...
An update to the weekly forecast I shared last month (Nov 22, the idea is linked below). There was a pull back from around the 1.21800 level last week before moving back up and into 1.22000 yesterday.
My next target is at the 1.240000 level.
Expecting a pullback to retest the 1.21800 level before moving upwards.
Follow for further updates, your...
The resting period (mentioned at my last post) is about to conclude and the upper line of the flag will be penetrated soon, as depicted in 4h chart. The next price objective (and probably the last major movement of current trend) would be ~21700, which probably will NOT occur as sharp and fast as previous ones, for so many reasons.
Going toward 21700 takes time...
Prepare for Stagflation in Global Economies
See Chart for details on TVC:SILVER price forecast. Multiple bullish Technical patterns forming in silverprice. Falling wedge to push Silver into double bottom then to become extremely bullish.
Lots of fundemental support being established for Silver.. Expecting a monster rally in FOREXCOM:XAUUSD soon as...
Reasons for open position.
1. Recent pump was unable to close above significant resistance @ $7400.
2. Consolidation significantly below recent high.
This analysis is invalid if a 1hr candle closes above $7400.
The trend of Bitcoin never stops to intrigue me and I am equally surprised that no other author has made any TA on this possibility. In this case, let me be the first to break the news to you.
Recent price action suggests that we might see a Head and Shoulders (H&S) pattern formation like the one I have illustrated by end of the week. To understand why I said...
Hello, my fellow traders!
The massive profit-taking that drove price from 7150 to 6360 certainly took us by surprise just as news about SEC delaying their ETF decision broke. Bitcoin's market value was robbed of $9 billion in less than 24 hours. Well played is the word I would use to describe those who orchestrated it. Like I said in my last post, the bears...
Huobi has announced the listing of Verge (XVG) as a trading pair against both Bitcoin and Ethereum. There was a price surge earlier as the trading pairs go live. Given the overall crypto market bearish sentiment right now, we might just get an opportunity to enter this trade at a lower price.
Buy: 0.0000025 or near
Take Profit #1: 0.00000319 (27.6% Gain)