Bitorex

Bitorex

Hi, AUDJPY is currently bullish, but AUDJPY seems to be having difficulty breaking through the supply zone, which could result in a more profound correction/decline in the future. If AUDJPY breaks the bullish trendline, then confirmation of the decline will occur, and the market will be predicted to fall to 90.***

Bitorex

USDCHF Successfully Break the Bearish Trendline, which had been holding the price up. Still, unfortunately, the market reaction was not so strong, so there had to be a Sideways process first. Later, when the Resistance from Sideways was broken, then a very strong Bullish will occur

Bitorex

USDCAD is Experiencing Bullish, which has been consistent for more than 1 year. Until now, there is no sign of a significant decline, but currently, the price of USDCAD looks to be bullish again.

Bitorex

Hello Everyone, News about the Chinese Invasion Plan is making a lot of public attention right now. As we know, the war involving Russia previously brought a crisis that was not cheap. If later China attacked, a more significant problem would occur and did not rule out a higher increase in gold.

Bitorex

CADJPY It would be a natural thing if there were a correction to 103.133 because this is the impact of the price increase that occurred, but currently, CADJPY is still trying to penetrate the Supply Zone, and if this zone fails to break, then the decline will happen again. Therefore, I think there is no Bullish in CADJPY for the next few days.

Bitorex

We Can Saw Really NICE Breakout.This indicates a breakout resulting in a trend change from Bearish to Bullish. It is not recommended to sell when the trend is in the process of changing because the price will tend to be vital to continue rising and the target for the increase is 0.97663

Bitorex

EURUSD is still in a very bearish trend. There has been no significant trend change in the past few months indeed there have been some corrections from bearish and ended with bearish again, not with a change in trend to bullish

Bitorex

The Dollar Index is currently experiencing a dangerous correction because this will result in a deep correction due to the pullback. Most likely, the Dollar Index will fall to 103,665, but if the price manages to get out of this correction, then the Dollar Index will strengthen again to the point of 107,514

Bitorex Updated 

Seeing the reaction from the market that is unable to escape the resistance which has been repeatedly tested, the subsequent decline may occur if it is confirmed that it failed to break through the resistance again.

Bitorex

EURCAD is currently in a Condition of Testing Demand, or you can say Structure soon. We will see a determination between a break of Demand or Resistance, and if Resistance is broken, then the price will go up to 500 Pips

Bitorex

Currently, the condition of CADCHF is in a very bearish condition, and will test the red line shortly. I think CADCHF will continue declining when the price fails to break the red line, so be careful when taking long.

Bitorex

I see that a very steep trend like this will result in a very large correction in the future, so I can say it will be very risky to BUY because the potential for Correction or Decrease is very high.

Bitorex

EURJPY is on the Bullish Side now, but Proof that EURJPY can't break the last High indicates a weakening of the trend, and this will result in the possibility of a deep decline.

Bitorex

The market structure has made a Lower High which results in the potential for a more profound decline, but of course, this needs confirmation from the market. With a break of the support, it will be a bearish confirmation in the future. It is better to be careful when going long

Bitorex

as we can see bitcoin is currently forming a Falling wedge pattern and just this breakout will be a sign that Bitcoin will go up again. If this Breakout fails, we have anticipated with SL under Resistance.

Bitorex

currently bitcoin is in a supply area position which allows its price to be corrected again so you have to be careful in dealing with supply, this does not rule out the possibility that the price will correction.

Bitorex Updated 

we can see a very strong Bullish for Bitcoin but we see that bitcoin stalled for a while and most likely will enter the main Support we can do buy in this area 48202 - 47471

Bitorex

we can see the Bitcoin weakening trend and the potential to go back down is time to sell. Details: Blue Price = Buy/Sell Price (depending on the SL position if the position is above the Blue price it means Sell and if SL is below the blue line it means buy) Red Price = SL Price White Price = TP Price 1 Green Price = TP Price 2 Yellow Price = TP Price 3 RR TP 1 =...