I've backed out my chart view in order to get a fresh look at the BIGGER PICTURE. What I am currently seeing is a huge triangle that has head faked North and then broken south just short of the triangle apex. This would indicate to me a continued decline in price. Also pulling back to a larger view also confirms the 11,700 area to be key. 11,700 provided...
The BTC price is going upward last few days. It almost reached a structure high at 11765, which act as a resistance level. The buyers is going to liquidate positions to lock their profits and the sellers are going to enter at that structure high. Those scenarios will most likely drop the price down. Structure analysis, & gartley pattern both provides a good...
The market move sideways last few months, that creates a good opportunity for harmonic traders. However, the price was bullish last few days. It reached 30.8 and getting close to the major resistance level at 31.15 This is the main area where the buyers and sellers usually make their decisions. Sellers go short and buyers take profit, that cause the price to go...
The market is going downward on NEO daily chart. It made lower lows and lower high and there is the old saying: “the trend is your friend”. Thus I am going to follow that trend. The price is going up last few days and making its correction move and sooner the sellers will step in and the buyer start taking their orders. Those scenarios will push the price down...
The BTC raise last few days and reached 11532. It is getting closed to previous structure highs. The red zone indicates the resistance area, where all selling orders are most likely are placed. We know that the big institutional orders are usually placed at key levels and that area acts as the key level. Moreover, if we look the price action it is clear that the...
After establishing a new high in February, we can also see that price decided to form a double top on a Daily time frame. Soon after price decided to break several structure lows finding its support @ 1.218 at previous structure. Upon further review the 50 Moving Average has been breached on the Daily, awaiting second candle closure for confirmation of further...
The price has broken down the bearish trendline represented in red colour, generating a strong bullish impulse and then starting a lateralization phase. At the moment it is racing the resistence and if it broke the resistence down a bullish movement with a target of 11,000 USD might happen. However, pay attention to the negative divergence between the price and...
If the price definitively broke down the green bullish trendline , it could have a dump and reach the support at 10,400 USD. If the red resistence broke down, an impulse at 11,400 USD is likely to take place. Keep a very close eye on this graphic!
Price is breaking resistance and continuing bullish to Day Resistance levels LIVE TRADE
BTC looks like it has bottomed with a big cup and handle with targets of 17,700 but at the same time the handle wont be completed till it has broken 11620 resistance level which is the major level below which BTC looks negative ,it will need a powerful thrust in volume to break the horizontal resistance as well as the downward resistance trendline which is coming...
BTC could go to $$15,000+ if it crosses the first red resistence line as the surge leading into the proposed flag is about $3,000. Let's see...
On my BTC chart, based on the last 4 weeks, we can see that both the red horizontal Resistence line and the green trend line meet at approximately $12,319. Now, if the price breaks out over the Resistence ($12,391 approx), we could see the clearest indication yet of the start of a quality bullish movement. The fact that the price is following the trend line (at...
The price has broken down the bearish trendline represented in red colour, generating a strong bullish impulse and then starting a lateralization phase. At the moment it is racing the resistence and if it broke the resistence down a bullish movement with a target of 11,000 USD might happen. However, pay attention to the negative divergence between the price and...
The price, after breaking down the bearish trendline, created a huge bullish impulse until about 250 USDT. Then it retraced on the support placed at 180 USDT. At the moment, the rebound happened on that support shows positive signals. These aforementioned signals may suggest a coming back nearby the resistence area (underlined by the red rectangle). In case of a...
The second lowest break below Dynamic Support so far. Seems like we're just getting started on this Bearish Trend and that we're amidst a brief Pullback before structure continues lower. Although a strong Pullback can be expected, the path of least resistance for Price would be with the strong Bearish Market. My Analysis is just personal opinion. Good Luck Trading.
After last weeks rally to the downside we are still trending lower it seems. After catching an advanced patter set up, a short bias can be announced. Using Fibonacci retreacements and extensions several criteria has been met. Starting off Measuring the XA we can find the C leg has met the 1.272%. Also a pullback of the B leg has met the .618% so now we must watch...
ZCL TO MOON SOON BUT KEEP CLOSE EYE ON SUPPORTS
looks like a small dip is going to happen. might enter at 8800