AMD | Will The 72.8 Support Area Push The Price Up Again?
Since November 21 price is moving in a clear bearish movement.
During this period of time AMD has lost approximately -54% of its value.
Actually, the price is testing a very strong and old support area located on
the left side of the chart.
Price it is also creating a falling wedge pattern....
ETHEREUM | Update - Could This Be The End Of The Market Crash?
The analysis that I am sharing today is part of the previous analysis that
I have shared June 14th.
During this period of time the price proved that the completion of the pattern corresponded
also to a strong support area.
Actually, the price is stopped within 980 - 1150.
As we have see lately...
Bitcoin | Why Does It Keep Moving Down?
I am beginning this post with a question because many of us need to know why Bitcoin began to move down again?
Will it be only a normal correction or it will be the next bearish wave?
As you may have read in the media many U.S Hedge Funds are selling short Tether.
As we all know Tether(USDT) is one of...
SHIBA | Harmonic Pattern | Watch For Long Opportunities
On the daily chart, " SHIBA" completed a bullish harmonic pattern at the lower part of the structure.
After the pattern was completed we saw a very strong price reaction that increased
the price by +68%.
Actually the price is testing another minor support and it can keep rising up again.
APE | Will APE Grow More In The Coming Days?
From the chart, we can see that APE is moving down in a well defined
"Descending Channel" Pattern.
During the previous days, APE broke out of the channel and now we can see it to correct.
The first support area is located close to 4 and the second close to 3.8
Those are two areas where we need to focus for any...
KuCoin | Bullish Harmonic Pattern | Time To Move UP Again
In the 60 min chart the price is developing a very nice harmonic pattern.
The potential reversal area is located between 9.32 - 9.55
From that area the price can increase more and the profit potential is very good.
Thank you and Good Luck!
USDCHF | Tricky And Profitable Scenario As Well
In this analysis we will see how the price is developing within a complicated pattern.
Overall the bigger picture is getting bearish but what we can already see is that the price is
creating a type of potential bearish reversal pattern.
If the price will develop withing the small pattern it can keep moving...
US500 |How Far Down Can The Price Move?
During our previous analysis, the price filled the gap and it also reached our two first targets.
After the gap we can see a clear price rejection close to 3950.
The price tested 3950 two times before it began moving lower gain.
Actually, the price broke out from the pattern and it already closed a very strong bearish...
GBPUSD | Trading Within The Structure Area
During the previous days we can clearly see that GBPUSD was moving withing a bigger corrective pattern.
Yesterday the breakout confirmed that probably this bearish movement will continue also today.
Any increase on the bullish momentum will move the price lower again.
Thank you and Good Luck!
GOLD | Descending Channel
GOLD is moving down and from the actual price development we can see
that the price is creating a bullish Descending Channel pattern.
Probably we can see any bullish price movement during these days.
If the price will move down the first support will be close to 1812 and after that
it can increase again.
Thank you and Good Luck!
EURUSD | Price is still developing before the next bullish wave
During the last days, EURUSD is moving within a corrective pattern
that keeps expanding.
The lower part that the price can test could be close to 1.04500.
Price can increase from 1.0500 (actual price) or 1.0450 (support price)
Thank you and good Luck!
ETHEREUM | Bullish Price Development In Ethereum
Ethereum completed a very nice bullish pattern in the 4-hour time frame.
This is confirming that the volume has increased a lot in the last few hours and may continue to rise more.
Also the flag pattern looks quite interesting considering the fact that the price broke out of the pattern, adding more data to our...
Bitcoin | Despite Speculation, BTC Could Rise Very Quickly
Yesterday we saw BTC correct a bit lower 20500 on many
news that is trying to push the price down.
If you look at the charts today the price looks like it completed a "Descending Broadening Wedge Pattern"
It is a must for us to wait for the price to move above the pattern for more
increase in the...
KCS (KuCoin) |A short-term and profitable trading scenario
From the chart, we can see that the price is showing strong support from
the lower part of the structure.
Exist the possibility that we can see it moving within 10.1 - 109 for these days.
Once the price will move above 10.9 it will confirm that the bulls are higher in number
and it can continue to...
USDCAD |SELL - Where The Price Can Change Direction
During the previous analysis, I shared the buying opportunity when the price was close to the support area.
As we can see from the publication below the price moved very well as forecasted.
Currently, the price is testing the top of the pattern again and it has high chance to move down again
by expanding the...
GBPCAD | A Bullish Triangle Pattern Is Taking Place These Day
GBPCAD is creating a type of bullish triangle pattern.
This bullish accumulation process is increasing the chances that the next
bullish movement can begin very soon.
For the time being, we can see the price testing the top of the pattern close to 1.5930
and after that, it has the chance to increase...
EURUSD | Buyers Are Looking More Interested Now
During these days EURUSD is showing an increase in the bullish momentum.
Considering that FED raises interest rates and nothing special happened.
FOMC didn't share anything new at all for the market participants.
Overall everything was very old and priced in advance.
On the other side of the continent, we...
US500 | 3900 Can Be Reached These Days
After all the decisions that the FOMC has already made, it looks like the Indices are recovering.
Overall, the decisions the Fed is making now are timely.
However, they will need some time to show their real impact on the economy.
The higher price will not decrease just because of the Fed’s decisions to lower...