This is my thought process on HOT. I think Price Action (PA) should move to the up side. 25% Possible This is not financial advise, this is for entertainment purposes only. Thank you, Trade Intuition
Price still looks to be obeying the downward channel, would be looking to sell the pair if I see a rejection off trendline and resistance .
This sideways market has to break eventually. History says it will break to the upside. Right now, I'm hopeful that July will show a strong recovery and move up into the Resistance area around 45600 before falling back down to the Support level around 40200. At this point market factors could remain suppressed and continue to push BTC into another sideways...
Quick glance : On our previous analysis on ETHUSD , we discussed the Bears seemingly taking over. Although, the momentum was mixed, it appears that ETH might face some heat against it in the short term. Market in the last 24hrs ETHUSD witnessed a bit of selloff. The fall was not drastic, however the bearish momentum persisted. Today’s Trend analysis ETHUSD...
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.
Just trying to replicate others work regarding potential future BTC price predictions, using log chart and bands..
Everything is labelled on charts, Do give a thumbs 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...
Price broken support wait for a correction towards new resistance then entry trade once there is a clear rejection
DESCRIPTION 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 horizontal channel that brought it to 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...
informed by the price action, demande and supply zones and confirmed by the volume and vwap