Pair went south in very rapid pace. It is in short term consolidation around 1.300. I thnk that the pair will break range of consolidation and will move south till it will reach closest lowest low.
Trend continuation trade to previous structure. I believe price will come down to test psychological level .72. This level also has a 1.618 extension. IF price reaches this level, this may be an area to go long as well. R:R 3.46
This is daily chart on which I marked few important candlestick patterns. We can see here clearly three white soldiers, engulfing candle and doji candle which was rejected after trying to breach psychological level 10k. I marked on the bottom of the chart GAP based on the weekly chart. I would expect for this pair to reach 0.0022000 level first and then...
The GBPJPY has created a falling wedge pattern that is making it's way back down into a level of previous structure support. This will be an interesting decision point for the market to see how it reacts at the 1.44 psychological level. Akil
I'm observing what is going on on this chart for last 3 weeks. I expected that the pair will go towards 6k or even 5k. I used 1h time interval to show the quite strong formation suggesting bullish movement for some time. Head and shoulders pattern hanging on the 10k psychological level is quite a good signal to me. I still have marked two Gaps on the chart and I...
4H chart revealed nice flag pattern which top of it is at the psychological level 0.0001000000. I zoomed formation (see the bigger green rectangle). Market is in favor of short sell for time being. It is very rare for any pair to finish chart like this and I would expect that the pair will try to reach the lowest low formed within the last 6 months. I would...
Bytecoin reached significant level which is latest higher high and very important Fibonacci level which is rarely used 14.6%. These two signals combined with almost perfect morning star candlestick pattern made it nice buy opportunity.
I thought that the second that the bullish for another bullish push but my suspicions were right and I it seems like that 2nd Elliot wave is on the play see BCN/BTC prediction. All the cryptocurrencies besides they use are in correlation with each other some of them more and some less but in general their behavior is very similar. LTCBTC didn’t go thru 0.020000...
There are two important GAP’s marked on the chart green rectangle and red rectangle. These two are respected by market for quite some time. I think these two will play important role as the support if the pair will go up. Fibonacci retracement 61.8% level stopped losses. This pair might create some kind of cupandhandle formation in future. Let’s see what kind of...
If you are familiar with candle stick patterns there is interesting one here which deserve attention. This is weekly chart (my opinion is that the bigger intervals of candle stick pattern or formation are more reliable then the smaller one) I consider “rising three method” on weekly chart as a strong suggestion for continuation of bullish trend. It is not 100%...
Based on my calculations we have profit after 2 attempts around -4%. I pretty positive about this one. Pair is raging battle with 0.015000 level but it should be broken soon and this should open the way towards 0.01000000. We are aiming here for around 30%. If you follow just please let me know or just keep an eye on the comments just in case something will change.
Import level to observe are 0.020000 which is combined with solid GAP on weekly chart. This GAP rejected strong bullish movement and move pair back to 0.0100000. There was another attempt to reach .020000 but it ended up with head and shoulders formation and visible rejection at 23.6%(head of the pattern) and 38.2%(both shoulders). I will not be surprised if the...
In the beginning 27th of May till 31st CLAMS made quite nice triple bottom formation combined with respected GAP in Daily chart and very nice three soldier’s pattern. All GAPS marked on the chart are based on the weekly chart which makes them really solid support. There is another GAP which stopped bullish movement and then we can see some extended consolidation...
I'm watching this pair for some time. It seems like that the bottom GAP was perfectly respected by market and created something like triple bottom(black ticks). There is still upper GAP which was holding pair for some time. Upper GAP was pierced in the last few days with very nice three soldiers formation. Psychological level 0.0020000 was tested couple of time...
GAP on daily chart stopped bullish movement and accent it with very nice bearish candle. We can clearly see head and shoulders formation(black ticks). This pair is in bearish trend since brexit votes. Price action like this suggest continuation of bearish trend. Respected GAP head and shoulders big bearish candles and pair is trading below 200 ema. It seems like...
I marked something similar to triple bottom which snuggest that the psychological number 0.05000 created solid support which hold any attempt since 1st of April. There is nice strong movement and flag pattern(marked with dotted lines) on 4H chart. I would expect from this price action that the pair will move higher and I would look for TP around 0.077000 level. It...
I was on long holidays so that’s why there is a gap in my activity on the tradingview. ETC like most of the crypto made strong push towards north. ETC is in consolidation for almost month. There are few important levels to watch. 0.0005300 which is close to the psychological level 0.000500 and it is highest high from the 1st of May. I marked with dotted lines...
Hi guys, this evening i've spotted this nice shorting opportunity on EURCAD. Price is testing a key daily level of structure and as soon as it touched that it got pushed down by sellers. There's also a psychological number and RSI divergence on 4H chart. Stops above highs, targets as displayed above. Let's see how it plays out! If you want to share your view or...