Look at the RSI, is not going up as compared to its previous performance. But the price is moving up. My analysis there is little strength in the price movement. So may be a dump to 22000 would be great before moving up.
Hello traders and analysts,
Here is our take on the S&P 500 and the Russell 2000 Small Cap.
It is important here is to note; that the peak of the hull for SPX has hit our island zone where price has shown a full retracement in the V shaped recovery and extended a little to provide great returns for long investors and over offered market conditions.
The cycle to...
RESULT from last previous idea: Looking at the updated trade progression of last post, it was observed that the Forecast failed to reach the proposed support line reversal at $8,956 which rendered the setup invalid .
Meanwhile, we have been experiencing some tight price movements at the moment within the...
We have noticed that the market is up trending and whenever the price has evolved close to the blue line and the red doted up trend line, it was followed by very violent price change.
Therefore, beware, as the price is at the moment evolving around the red dotted line.
Besides, the price has shown also elastic movements, coming back again and again to its previous...
What Is A Rounding Top Chart Pattern ? A chart pattern used in technical analysis which is identified by price movements that, when graphed, form the shape of an upside down “U”. A rounding top may form at the end of an extended upward trend and indicates a reversal in the long-term price movement.
A rounding top represents a sell signal . The initial upwards...
Trend reversal might occur in USDCAD..
..the idea is based on strong price movement and breakdown of the resistance level around 1.326.
Joining bears from 1.32615 price with 1.3276 S/L and 1.3202 T/P provides R:R around 4.1
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Good day today everyone,
It's your host xR bringing you our continued analysis for this bearish decline. Let's jump right into it. We previously alerted you all of our sell signal at Ten Thousand, Three Hundred Ninty Three Dollars. We covered several signatures that suggested bearish market behavior. This week we'll provide you clarification for our expectation...
if the 4h keylevel is broken easily and the weekly tried and then maybe pullback on to the 4h for a second try and break of the weekly? that would be bullish. Otherwise staying out, probably waiting for the pullback on the weekly key level tbh
Short Term Bearish will hit my orange zone, long term after it reaches the bottom orange zone will reach the top orange zone. After the completion of the bearish bat, we will see major bearish momentum on the pound.
Again it's finally that time - BitB is about to move in the right direction.
As you can see we found our bottom around 30.
This coin tends to pump when it moves and this is what we don't want to miss
The market has been very dry lately and Bitcoin may predict the outcome of the coin.
We are currently setting up for the same scenario chart wise prior to the last...