Hello traders investors and community, today I discuss with you an important observation which I made on the daily bitcoin chart.
As bitcoin is trading in a consolidation again just as seen before the...
GBPUSD looks to have finished wave 3 of a larger Elliot wave cycle on the daily timeframe. After a wave 3 is a corrective pullback (wave 4) before a final wave 5. In this analysis we can see price made an impulse wave 1 then made a corrective pullback to the 61.8% to complete wave 2. Then another impulse wave up for wave 3 which has reached a critical resistance...
Here is a quick update on my previous analysis.
Last time I mentioned that I was expecting a sharp fall after the spike on the Oct 11th. Unfortunately, it might not happen at all. The sideways movement took too long time and I think that we might witness a short-term uptrend. Ideally, I would like to see it above 9000 before another drop.
If you like to trade...
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
Hope you’re all enjoying your weekend!
Today’s chart update will be on WABIBTC (TAEL), an equilibrium is playing out reaching its apex zone, we need to see an influx of volume to confirm a break in this tightening formation…
Points to consider
- Bullish trend on 4 hr timeframe
- Local support at 1419 satt region
- Local resistance at .50...
I took a long position earlier this morning after we had a decent volume spike but after watching the price action get rejected and not hold it gains i went back to my original thesis looking for targets down to 5-6k. The weekly is nearing an downward ema cross and things could get ugly real quick. Short entry at $7963
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Guys if somebody want to see a 2min fast TA and give me some feed back
Welcome to our daily technical updates section
In this video we will talk about the current situation in #Bitcoin and why another dump in the market could be the most reasonable option.
following my trading ideas to the minor pair CAD/CHF for the next week. At first we should say that this pair is moving sideways for 5 years (since 2015). This makes it kind of difficult to tell the direction of the market.
With the closing of the market on Friday we are facing a huge resistance level round about 0.74936.
In my chart you can see two...