BNB has had a strong Bearish pennant formation on the daily and 4hr candles. Price is expected to pull down to either 2 zones of 187 & 118 respectively. Monthly support zones is market at 187 where price had strong bullish upside momentum. Expected to further be in a sideways market trending until 2024.
Potential bearish scenario to this asset. Price action is suggesting a further drawdown to the 239USDT demand region as the actual pullback seems to be accomplished. The reciprocal AB=CD pattern projection is reinforcing this idea, as a Head and Shoulders pattern is likely in formation. Thus, on this hypothetical 30m scenario, the price can made a ranging...
Beware at this point this coin is in ranging mode. So I've marked areas where the volume profile has shown potential areas where most participants were involved at that time. So there's a chance that over those areas, price is going to react somehow or not at all, so we need to see what happens once it gets there.
We can say we've got a hammer as soon as it...
Could we be looking at XRP being stuck in this ranging area between 0.39-0.49CAD for the next couple of months until this descending line will be squeezed to breaking point? Quite possibly.
This area has proven to be a ranging area for many months historically so a natural settle here was inevitable; Crypto Tipster v2 is currently showing a Sell signal, but the...
AUDUSD is in an overall bearish market. Price broke
strong support level after a brief consolidation on the 1H
timeframe. It retested at support turned into resistance
and also retracing at the 38.2% Fibonacci PRZ level with
a bearish engulfing candle on the 30 min as confirmation
to go short on AUDUSD.
As of today, gold does not make a bold move. The previous 15-minute timeframe range was not violated and is still bullish in my eyes. I did not take any orders because the price past the equilibrium going to the premium price. ill wait for the news to pop and scalp a little.
THE CABLE 15 min chart analisys:
We can notice a possible accumulation range, we notice that the volumes are not high when the price reaches the resistance line and this means that the interest in selling is shrinking.
Now we should follow the price action, price could:
1 retest the support line and create another stronger spring (not likely)
2 moving up...
As it can be noticed from the DAILY timeframe chart, a sideways moving range has been formed and the price is now located at the lower barrier of it. We will look for possible confirmations around this area before going long and aiming for the upper boundary of the rectangular box as indicated on the graph.
Yesterday price formed resistance and continued to go bearish to retest the low that was created the day prior. I believe that price is currently ranging on the 1hr TF and can break either way. If price breaks and closes either way above or below the key levels, I will look to place a trade along with the market open volume. The overall trend on the higher...
Good Afternoon Traders,
I hope all of you are having a great holiday and were able to benefit from my previous predictions, which turned out to be pretty close to perfect.
Today, I'd like to make another prediction. We're still in a Ranging Market. It looks like it will only last another few weeks, but who knows, really. I've created 2 new prediction range...
AUDUSD Sideways / Ranging will be clearly visible on the M30 timeframe, Starting from March 31, You can enter the demand area (when this idea was created) or enter supply with a CONFIRMATION note, Don't try to enter without confirmation, because maybe the price will trying to penetrate Supply / Demand, the direction of price movement will remain the same, namely...
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE.
NEW WEEK, NEW OPPORTUNITIES.
LOOKING AT THE DOLLAR / YEN
* The PAIR has been trading in a Ascending channel , just tested the roof of this structure after that extending this move with a strong bullish rally towards the upside, Then saw that beautiful correction with the bears after that resistance...
Good Evening Traders,
I hope you're doing well today. I wanted to give a quick update and clarification. As you can see in the chart above I had created 2 boxes. These are ranges I believe we will continue to stay in until the price discovery is more certain and market decides whether we're in a Bear or a Bull Market. Now, it's rarely talked about, because a lot...
On the 1h time frame we have perfect falling wadge but i would not recommend you to trade the breakout because we are in a weekend and the volume is low.
Instead i am trading this range between this to yellow lines bacause in the weekends we are mostly going sideways.
We have also some tensions betwen Russia and Ukraine so i dont think btc is going to move before...