This analysis is an update of the analysis you see in the "Related Ideas" section. After a drop from the specified supply, it bounced back to the supply side. It seems that the price is going to drop again to the specified Demand side. If the price drops towards Demand, we will look for buy/long positions on Demand For risk management, please don't forget stop...
*Retest of Moving average that has been consistent with being resistance. *trend line bearish
Dollar Strength = Stock bears 50 % retracement zone also agrees with US30.
*Dollar strength expected therefore correlates with GBPUSD short. *Moving average ,Pivots points and trendline agree on confluence.
1)Dollar index on final Wave of strength and EURUSD on final wave of Weakness 5th Wave. 2) Trend line showing Bearish Momentum. 3)Pivots Points on Resistance Line.
RNDR wicked perfectly to my downside target which was the prior cycle high. A strong reversal is noted and almost back to the momentum trend line. The weekly stockastic RSI is starting to point upwards signaling a macro reversal. I still plan to hold my bags until 20$ and sell 25% there. We still need to retake the green fib which is about 11.5$.
As I said before, I believe we're in an exciting time. We're seeing our first sign of early growth following post halving. BTC has broken the 1HR Trend Resistance and it may soon retest it as support. If it does test and hold we can be poised for a continued run to the upside. It's already broken a Key Weekly Level on Friday and it's possible that it could surpass...
Analysis by EZ7strategy🎖️ 1. **Price Levels**: - In the chart, three important price levels for the digital asset FIL/USDT are indicated: - **First Support Level**: If the price reaches the first support level (5.442$), it may serve as an entry point for buying.SL=4.952$ - **Second Support Level**: Similarly, if the price reaches the second...
Here I have USD/CHF on the Daily Chart! Now we've been following USD/CHF since it created its NEW LOW back in Dec. '23. This LOW I believe sparked the beginning of an Elliot Wave and currently we are looking at what seems to be a possible LAST LEG of this Impulse Move! Price has currently created a HIGHER HIGH @ .90721, so we will be looking for Price to...
so there is about %80 chance to continue the trend upwards as it already broke the resistance level and the other %20 chance to trend downwards due low buying pressure therefore i recommend a buy signal
Here, I am sharing the BTC - BITCOIN NEXT EXPECTED MOVEMENT ACCORDING TO VSA. Do your own analysis before doing trade on your real account. This is only for educational purpose.
BTC - BITCOIN Price Prediction and Market Structure.
After #Bitcoin crashed to 57k level within the week we could see BTC reclaiming the 64k level with a strong momentum following NFP release yesterday 3rd of May. Looking at the price action of Bitcoin we can clearly see that the 64k level is a strong resistance area on the 4hr TF, with that in mind, we should see Bitcoin dropping to fill the price imbalances at the...
hopefully if we can move from this level because we have a drop hard from 200.oo psy level so i am excepting it to move up a little
On the chart, I underlined important key levels: support and resistance areas on USDJPY for next week. Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
The price confirms that it has reversed the bear market of 2022. We already knew this thanks to the analyzes of the lower time frames. With the engulfing bear not yet confirmed, the price draws a new price structure above the previous ath on a monthly timeframe, I know this is something we have already seen, but now we have the full picture and it is not something...
Looking at BTC 12H chart here. As you can see on the way up, so far, we had one pullback into the 200MAs (purple and red). Price reacted well there and bounced and continued. We are seeing the same behavior so far here. Keep eyes on the 12H chart. If we can stay above the 200ma and 200sma, and close inside the white 100ma, we should see price continue to upside....
We have an overwhelming amount of sellers who are possibly big bitcoin holders. We bounced off a main level, and it looks like there may be one last push from some buyers. I'm predicting a crash or a range for some time.