Hi, welcome back to my analysis.
In this chart, I have a good news and also a bad news for bitcoin.
The good news is, Bitcoin still inside channel up pattern . Maybe this week we still have small bearish to reach channel up support at 38396, and after that, BTC ready to fly to reach channel up resistance around 52K .
But I also have a bad news here,..
After reach head and shoulders target at previous analysis, BTC still continue to break support level
this two support line are the last support for bitcoin.
if this support break down, bearish will continue to reach 85% drop from ATH
Share your opinion at comment below
Previous analysis :
Right now ETH reach 1761 support level,
this is very important level for ETH to hold bearish movement.
Hopefully this support able to hold bear power, coz if this level break down, next support will be very far around 321 (down 94% from ATH)
We can see at 2018/2019 ETH also drop around 94%,
so its not impossible if we gonna see another dump.
share your opinion...
Still no bullish sign for EURUSD,
but if we look at weekly timeframe,
this pairs already reach strong support zone around 1.0640 - 1.0500
It's very danger to enter long position at bearish market,
but it's not a bad idea also to buy from support zone with target at 1.2146
At previous analysis we have a good buy zone, and ETHUSD perform a good bullish from our opening price.
if we look at smaller timeframe, ETHUSD forming bullish flag with target at resistance 3261.21
bullish will confirm if we have 1 full candle above confirmation level at 3033.36
USDJPY bullish expanding channel already breakdown, but this pair cannot create new low and forming new support at 127.51
if this is a false break, we still able to enter long with target at 128.65
trading plan :
Buy around 127.58 - 127.80
target : 128.65
stoploss below 127.26
note : bearish will perform if 127.51 breakdown with full candle
Gold still inside expanding channel, right now it almost reach support.
after opening market, maybe we still get slightly bearish to reach channel support around 1926.19
and if channel support break down, we still have major support at 1915.95
Best plan to trade with gold is waiting at channel support to open position and aim for resistance level as target. And...
Hi, welcome to my analysis. In this chart I will discuss about bullish potential at ethereum.
As we know, ETH perform bearish correction wave from 03 Aprl. But we have a good news here, ETH almost reach channel up support (at 2843) to end bearish, and also we have fibonacci support zone around 3038.36 to 2903.65, all of that point I draw as BUY ZONE.
EURUSD perform a huge symetrical triangle pattern, right now this pair already reach pattern support level at 1.0834, we can aim a huge target with 693 pips at fibonacci 50 (1.1522), or aim for bigger target at pattern resistance with 1233 pips target at 1.2062.
in this chart we have 2 support level :
09 Mar '20 support at 1.0646
02 Jan '17 support at 1.0362
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NZDUSD still strong at chanel up, and already touch support line at 0.6848, this point also as 0.618 fibonacci.
If bullish still continue, we can set long position with target at fibonacci 1.618 around 0.7148
buy : 0.6848
target profit : 0.7148 (300 pips)
stoploss : use your money management system
if you have any question, feel free to PM me.
GBPJPY almost reach channel up support,
we can buy this pair if channel up support touch, and aim for 151.65
but careful, we also have strong resistance around 150.38, this resistance was not easy to break up.
Consider this pattern failed if classic support and resistance break down at 149.55
Don't forget to support me with "like" if you agree with this...
Gold continue to perform bearish wave with channel down pattern.
Right now this pattern already reach resistance, this is very good spot to enter another short position and aim for 1672 or at channel down support as target.
Consider this pattern failed if 1720 break up.
Don't forget to support me with "like" if you agree with this analysis
As we can see, this coin already break up triangle pattern,
are this is a good bullish sign?
symetrical triangle is a neutral pattern. Next direction depend on price action.
If it break up, it will perform bullish, and viceversa.
Today we see this pattern already break up, but with weak candle (volatile),
In this case, we need confirmation level to make sure it...
LTCUSD, waiting for breakAlmost all alt coin wait for a big moment to break, including LTC.
This coin keep performing lower high, and this is very bad for bullish.
but,, this coin also performing higher low, and its also bad for bearish.
this price action perform new symetrical triangle pattern.
what should we do?
bullish side :
if triangle resistance break up,...
today UNIUSD reach double top pattern at 32.5
if this pattern break up, this coin will fly up.
but careful, if doubletop cannot break up, 1st support at diagonal support around 29.11
and if this level break down, next support are very far at 18.13
note : hope it will break double top reistance :)), and don't forget to support me with "like"
DOTUSD already break up resistance inside channel up pattern. this is a very good bullish sign.
we can buy this coin now, or wait at channel up support around 33.29
if you are bearish on this coin, bearish will perform only if support line at 32 bereakdown.
I will update more about polkadot,
dont forget to support me with "like"