Bitcoin | A Combination of Head and Shoulder Patterns In this example, I have shown a combination of Head and Shoulder Patterns. They are on the opposite side of each other and trading them becomes a bit tricky. However, the bigger picture and the bullish momentum can move the price higher again. I am focused more on the bullish scenario for many reasons but...
After the recent powerful momentum of the fall, the cryptocurrency market has moved into a phase of consolidation. This is a terrible time for newcomers. This is the time when those who didn't make it during the fall lose money. What is the problem? The lack of a dominant side and poor technical analysis. When there is no clearly defined trend and trading...
Here's how I know there will be an inevitable rotation of money by this chart I made. The world has over-invested in technological advancements for a very long time. This was much needed to shape the world we live in today. The whole world was built on stable sources of reliable energy such as fossil fuels and oil to allow these technological advancements to...
Hello my friends, today I want to talk with you about EUR/USD . Price retested it and pulled back. I'm waiting that EUR/USD can also retest resistance line soon. If price will pull back and will start falling, we can open short position. As a main target we can take this perfect level (1.00000). So be ready for such scenario. This is an article, not...
Hello TradingView community and my subscribers, please if you like ideas do not forget to support it with your like and comment, thank you so much and we will start. Today I want talk with you about USD/JPY chart. Price fell to support zone and testing it. USD/JPY can bounce and make new move up. Price can go up and reach resistance level again. So, I'm...
EURAUD | MegaPhone EURAUD is creating a megaphone patten on the 60 min chart. This is a pattern that is beautiful and tricky on the way how it works out. EURAUD looks like it will move up again. The first resistance area will be close to the trend line resistance near 1.5080 After that we need to see how the price reacts there. Thank you and Good Luck!
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Bitcoin has been in the worst bear market ever, with 7 weeks closing red. We see no bulls around; prices remain trading below EMA10. As we mentioned before, it is likely that prices go lower before we see green again. Thank you for reading. Namaste.
Why get subbed to me on Tradingview? -TOP author on TradingView -2000+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates 🎁Please hit the like...
Two days ago I have written that Bitcoin could correct to the 35k zone, where we can see a clear horizontal resistance on our chart. However, looking closely at price action in the past 48 hours is pretty clear that buyers have no power at all and a touch of that resistance has become less and less probable. In my opinion, from a speculator's point of view, at...
It's been a little while since we looked at Bitcoin. Our last analysis we were SHORT on Bitcoin until the 30k level which we've now hit (See linked post) We are in a Flat Correction which is a 3 wave pattern made up of 3 (A) -3 (B) - 5 (C) waves. It appears we're still within Wave C, which is made up of 5 waves. We are currently on the 5th wave, which is also...
The Standard and Poor's Index (S&P500 / SPX) has been on a strong correction these past roughly 6 months. For that reason, we present this analysis on the 6M time-frame, where every candle represents 6 months of price action. ** The RSI indicating where we are ** It is not a surprise that the current one is in deep red as its whole price action has been the...
Hello my friends, today I want to talk with you about BTC . Already more than one week bitcoin trades in range 28600-31100 USD Few hours before price bounced from support level 28600 and now trades in middle of range around 30k USD I think soon price will go to resistance level of range 31100 USD After this we can see small range movement below resistance...
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in comments, we will try to answer for all, thank you guys. Price retested last support line and bounced. I see that Gold can new move soon. XAU/USD can start falling and continue downtrend in channel. Price can reach support zone...
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in comments, we will try to answer for all, thank you guys. As you can see now price broke support line from previous idea and now back on retest it. Now situation is 60/40 in my opinion. I think 60% that bitcoin will back inside wedge...
Yesterday we looked at the expected retracement on EURUSD to 1,0660. This is how we usually look at the chart and wait for a rise on the lower timeframes. It's still possible that price could drop to 1,0430 and then begin an upside move. There will be buying opportunities on the bounce of. Buys are against the main move and they carry more risk. That's why...
Gold is working out a resistance zone in a downtrend. There are important levels on the chart that I have noted. I think that the price will react to them, namely, support is of interest, since I think that the price will continue to fall from it. I expect gold to continue falling from an important level. Think, that the fall may soon reach the liquidity zone of...
The DXY suggests a potential retracement which will of course will be good news for buyers. The likelihood is that smart money are still holding their trades from the order block, I think this should be a great area of liquidity for a take profit. If we pull back and respect the most recent demand area, I will consider a buy. Good luck guys! Let me know what...