Doubled fake break out at trend/channel line + hammer candlestick pattern as confirmation.
i did draw this lines couple weeks ago but i just recently saw it , and i guess lines working if candles break upside or downside can start higher volume , dont know which direction market will choice but in 4 hours chart price is under 200 days moving average and thats is not good , if can break it and stay upside of 200 MA thats gonna be good sign for me I...
This week could be really big for crypto space if Bitcoin continue this path. Right now we can see a lot of alt coins ready for the run. Patience my friends.
The 4 hour chart of the EUR/USD has formed a Head and shoulders pattern The pair is likely going to retest the neck line selling pressure will be more after neck line resistance retest short now....
The British pound has moved towards the top end of its recent short-term trading-range against the US dollar, as the greenback moves lower in early week trading. The GBPUSD pair continues to probe towards the 1.3300 level, but has so failed to gain traction above this key level. Buyers will need to break the former weekly high of 1.3313 to keep the bullish...
BTCUSD bounced back down rejecting to the penny the 20 EMA. Religiously reacting to this level. Expect BIG Short term Support at 7100 and 6450 Expect BIG short term Resistance at 8300 and 8600
Short Possibility for GBPJPY as - Approaching its first resistance/61.8% fibonachi retracement/38.2% Fibonachi retracement - Approaching the channel resistance trend line - Divergence in 1 hour time frame visible Short Entry on breakout and when the price closes below 13 EMA Entry levels and TP as mentioned in the chart.
Not gonna talk too much. Ex-resistances are now supports, Hidden bullish div spotted, We're stull following the Gann Fan quite well, RSI shows potential for a squeeze which will break either up or down. You decide. We're currently ahead of other cryptos, so ETH will show the way of the markets. In case of a breakdown in down direction, supports around 670...
By request (shoutout to earduman!), here’s a quick analysis of RIPPLE. The BITFINEX XRPUSD chart says it with the most clarity: We’ve failed to break out of the 50 EMA three times, going on four. What’s worse is the 200 EMA has reared its ugly head to double-team our poor alt coin. Support shows at $0.46 with the next level at a suicidal drop of $0.22 (Yikes....
After death cross, BTC looks no good. New target is about 2500$.
negative divergence is coming and the trend is resistance and ma200 in h4 frame is resistance thanks
EURUSD is testing the weekly channel resistance again. Keep an eye for rebound from ~ 1.245-1.255 range
Bitcoin Educational Purpose Analysis Major support levels and Resistance levels. Triangles. RSI oversold and overbought indicators. MACD crossing positive negative sides. ONLY EDUCATIONAL PURPOSE NOT AN ADVICE TO BUY OR SELL
The price touched the resistance point, based on a trend line from the previous peaks. Will it break it? If so, we could be getting ATH's within the next few months.
Really quick video to this morning to follow up on last nights video. Not a whole lot has changed since the last video. I do however explain a little bit more of what i think a dip back to the $1.00 area will play out. I hope you enjoyed the update... give me a like and leave me a comment with your thoughts on XRP.
Hey guys! Been charting last few days, here are Resistance and Support levels where we currently sit. We are in a bull market with full reversal confirmation. Next Target is 10.1k, with Target after that around the 11.8k Range, with Descending TL from 19.7K. Cheers
we see price is near a confirmed resistance area where it shows strong reaction to the downside before -we also see a rising Trendline (very steep) -also 2 pretty nice supply zones (the 2 highs to the left) I look for a short entry in case of a strong bearish candle which breaks n close through the rising trendline Alternative a long entry is justified after a...