Price broke the ascending trendline and has retraced back to it. The trendline retest and price rejection on the daily pivot suggest a bearish move towards support level 1.0083. Targets at 1.0121 & 1.0083
Hello 🐋 Based on the chart, the price is close to the support area , channel support and the green trend lines that act as a support ✔️ if the price does not break the green trend line and the support area to the downside, we will see more gain to the upside from our support area 🚀 and our important support areas are $23000 and $22700 and $22100 Please, feel free...
these are only valid if it continues up from that direction. me personally I'm only interested in the 61 and 76 fibs as there's more than just on confluence in that area which is the Trend line retest. so I'd be looking to take that. but it's only medium risk the others are high risk so i recommend risking less 0.5% or less on the white zones and 0.5% or more for...
Criteria: 1. Trendline restest after Breakout 2. Fibonacci retracement 50% 3. Supply Zone 4. Rising Wedge Target 5. Fibonacci retracement 78.6% 6. Bullish Divergence on RSI Tp1: 1128 TP2: 1168 TP3: 1250
Expect price to reach 2.2953 by the end of the week.
1. Overall down-trend 2. Trendline going for a 3rd touch 3. AWR - Average weekly range HIGH is close to Fibonacci 0.618 AND the trendline If the price respects the average weekly range it's lining up with the trendline and Fibonacci 0.618 at the same time. These confluences line up perfectly and could mean a continuation of the down-trend. Good enough for me to...
Hello, on this pair Analyzing from daily time frame down to 1 hour timeframe(Topdown Analysis), price as tested the upper Trend on the DTF and got rejected moving down to the lower time same setup applies(on 4HTF spootted a double bottom with is also an addition to our factor of confluence). Looking forward to short the pair. My Target is to support...
Price on GBPJPY made a pullback after a break of support (yellow rectange) and has tried 2 times to go back above it but keeps failing. I expect downtrend to continue.
AGIX was traded in a falling wedge since September 2021. On 21st January price breakdown the lower trendline and find strong resistance between $0.13 and $0.11 – a high demand zone. Panic selling caused by market uncertainty, Russia – Ukraine conflict, etc. is over and whole crypto market is seeming ‘pretty healthy’. These in conjunction with the relatively low...
This video consist the technical analysis of XNGUSD for the upoming week ( 6-10 December 2021) based on the price action. The market is now in down trend because it has broken and closed below both the neckline of head &shoulder pattern and the deep pullback support of the up trend. The price is now at the broken resistance which could turn into support. ...
I expect this pair to continue falling after retesting the broken trendline
Hey guys, this pair broke out from the consolidation. It then retested 114.253 level. I expect to see a sell off from that zone
The price has faced a setback due to bitcoin scoring a new ATH. All altcoins are facing now a pullback and algo is testing a non horizontal daily support and the level "2" which makes it as a strong support. Go long to 2.08 and goodluck.
The Price has been trying to break the decreasing trendline many times now and now it has succeeded with a very bullish candle. A retest has taken place and now it's the good time to enter long and aim for 53$. Gd luck (NFA)
Hey guys, this pair traded to the daily resistance. We see a bounce from that level. On the H4 timeframe, it has been forming lower lows and lower highs which indicates it's bearish momentum. I expect this pair to continue falling
Hey guys, this pair has been on a strong bullish move. On the H4 timeframe, we see a consolidation break in market structure to the dowside which gives me my bias for going short. My bias will be invalidated incase that H4 reistance gets broken.
Hey guys, on the h4 TF, this pair was trading in a channel. It broke out to the upper side then retested the upper trendline. I expect this pair to be continue wit the bullish momentum. My bias will be invalidated incase it breaks that trendline to the downside. Happy trading.
Possible inverse head and shoulders with retest of key level, 61.8 fib level and 4H trendline