-Who will pray the rosary at the end of this BTC fight, “bulls” or “bears”? -For many months the “crypto” has been at full steam in a downtrend, and has not found the strength, or rather reasons, to end its predominant trend and go back up! -The above chart pattern suggests that BTC is working on a large “bullish descending wedge”. -If so, we have a long way to...
Just a quick recap of what the market did and my thought process behind trades that I took.
Price is an obvious downtrend Formed triple down at 0.55500 which indicate end of trend If Price should break the zone at 0.58000 and pullback occur then we should see a LONG movement all the way to 0.61500
Here's how I'm currently looking at the EURCHF on the 1H timeframe. What's your thought on this pair?
The market is on support area and also on retest the trend line and the day before yesterday i told you it will retest the support area and then it will bounce back so today candle retest the trend line and support area so the candle will close and moving toward the next resistance which is 28K-30K
The day before yesterday i told you that may b the upper trend line touch the it and then it will be false breakout or true breakout we will wait so now for today candle it break the trend line but we will wait for it for the market direction so now the market is now clear we will wait for the candle closing and then we will decide the market direction and for...
Yesterday i told you that today candle is to important because we can predicate the market because candel is not close that's why Now market is following the trend line and also the resistance so today candle is also important Its All about technically
BTC UPDATE 29/06/202 || #btc #crypto if it close above the line then it will touch the next resistance which is 20,000$ and if it close below the line then it will touch the next support which is 18,000$ so today candel is to important
BTC UPDATE 29/06/202 || #btc #crypto btc update is if the btc restest the zone of 20K and got rejected then it will restest the zone of 17K-18K and if the got true break out then it will go and touch it next resistance which is 23K-24K so lets see what is happing in coming time but this is technical analysis
MDB target 1200+ long term ( short term can fall sharply) NASDAQ:MDB
In daily time frame, this pair is in a strong down-trend. In 4 hour time frame, price was rejected by the trend-line. In 1 hour time frame, price is in a down-trend and broke it's correction flag pattern, after completing a 5 waves of correction. So we are going short on this pair.
Price is moving in an ascending channel, the corrective pattern have been broken after testing the 50 level of Fibonacci. We can see lack of bearish momentum on MACD as we have a hidden divergence on it. Price has retested the broken pattern and now it has the potential to move higher.
Reasons of Short: Total Marketcap of EverDome is: 404,237,789 and Rank #170 according to Coin Gecko at the date of 18/Feb/20200 EverDome total Supply is: 1000,000,000,000 according to EverDome Official Website: (everdome.io) There is a website called MarketCapOf () you can compare the price ratio of your favourite coin with the weight of other coins...
After a triple bottom pattern, price broke it's down-trend trend line, and started an up-ward trend. At this moment price is in an ABC pattern correction which is going to end, we can see lack of bearish momentum and we have a positive hidden divergence on MACD. Our first target is the top of the correction wave and our second target is the daily resistance zone,...
Hello, everybody, and welcome to my TradingView’s profile, my name is Gianni and today I’m going to analyse the EUR/NZD , translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. My ideas are...
Hi traders, In the past few days, we have witnessed AUDNZD went through mid-term consolidation in both the hourly chart and the daily chart. Yesterday night we have witnessed a clear breakthrough of the 1.05 level and the upward momentum was strong, which leads us to believe it's a start of a mid-term uprise and the downward channel start from June 18th has...
We have seen a relatively strong momentum to go short after multiple time testing area around 0.6560. Following the candlestick pattern we believe the long red bar on the 21st which crossed the 20day EMA may indicate a beginning of a downward movement. My own trading system Clam also indicate to go short so a trading idea has now been established to go short on...