PetrockFxTrading

PetrockFxTrading

I expect Bitcoin to pump to $40k, then $58k or dip to $20k. We have our supply (resistance) zone also where our right shoulder lies at $40,500 - $41,500 and our demand (support) zone which is also the head and shoulder neckline at $29,000 - $30,000. Fortunately, price bounced back upward at the demand zone with a bullish pin bar currently in view. And we have...

PetrockFxTrading

As we can all see, we have 3 credible support trendline with the green arrow, the present daily candle has tested it and has not broken it. Therefore if price does not break this support trendline, I expect Bitcoin price to long to $40,000, pull back then continue to rise. If price breaks the supply (resistance) zone at $40,500 to $41,500, then we are off the...

PetrockFxTrading

We have four credible support levels and four resistance levels too. If price break this trendline, then we ride to $25. If price doesn't break the trendline, we fall back to the lower trendline and ride long to $25. What do you think? Share your opinion in the comment section✍️ Please support this idea with a LIKE👍 if you find it useful🥳 Follow me to receive...

PetrockFxTrading Updated 

Right here is an inverted head and shoulder pattern. This pattern is an idea of what MATIC price layout is currently doing. There's a neckline at $1.73 serves as a major resistance for price to break to confirm a good buy to $1.92. As price is unable to break this neckline, I expect price to fall to $1.48 to form the right shoulder before rising back to the...

PetrockFxTrading

Just as it happened on 8th February, 2021, Bitcoin price was not impressive until the information that Elon invested $1.5 billion broke out and pumped Bitcoin price from $39,200 to $47,000 that same day. We also have that same scenario again. Price has broken out of the descending triangle and it's moving in an upward direction. But price is currently testing a...

PetrockFxTrading

As we can all see, BNB is consolidating within $364 and $377 (a good opportunity to scalp). If price break the trendline ahead of it upward, then we go long to $377 but if it doesn't, price will fall back to $364 and then rise back to $377. What do you think? Share your opinion in the comment section✍️ Please support this idea with a LIKE👍 if you find it...

PetrockFxTrading

As we can see, we have a bullish pennant chart pattern breakout. A pull back is in action back to $340 - $347. After the pullback, I expect price to go long to $380, $420 and $500. What do you think? Share your opinion in the comment section✍️ Please support this idea with a LIKE👍 if you find it useful🥳 Follow me to receive more updates on this pair🤙 Happy...

PetrockFxTrading

We have three (3) main setup here and a very good buy confirmation on this chart to go long to $1.80. First, we have an uptrend (trend continuation). We also have a bullish pennant breakout and price in a ranging zone testing the demand zone back to the supply zone. The trendline breakout confirms this three (3) setups for price to go long to $1.80. What do you...

PetrockFxTrading

As we can all see, we have a falling wedge pattern. Price broke out successfully at $36,000 with a pull back and we now have an uptrend in place. Therefore, I expect price to continue in this new trend, long to $43,000, short to $39,000. Another long to $46,00, short to $43,000 before a good BUY to $50,000. What do you think? Share your opinion in the comment...

PetrockFxTrading

Etherum classic as we can all see is in a downtrend with five (5) credible resistance trendline and two (2) credible support. Sellers are still winning the battle. Therefore, I expect etherum classic to dip to $43 and pump to $90. Let's wait and see what happens. What do you think? Share your opinion in the comment section✍️ Please support this idea with a...

PetrockFxTrading

Based on what we can see on the chart, we have a bullish pennant chart pattern in view. We also have price tested 3 credible support trendines and 2 resistance trendines. Right now, we need a either a rejection on the trendline or a breakout to know the next move. If price is unable to break the support trendline downward, we ride back to $0.56. But if price...

PetrockFxTrading Updated 

With respect to my previous post on BTCUSD, price broke it earlier than expected. We had a breakout from $37,000 yesterday and a pull back followed. Right now, I expect a bullish movement to $40,000, $42,000 and $43,000. What do you think? Share your opinion in the comment section✍️ Please support this idea with a LIKE👍 if you find it useful🥳 Follow me to...

PetrockFxTrading Updated 

As we can see on this chart, we have a downward trendline breakout from $2650 and a pull back is in play back to $2550 or the breakout point at $2650. When price reach $2650, I expect price to dip to the neckline at $2220. If price, break the neckline downward, then I expect another dip to $1800. What do you think? Share your opinion in the comment...

PetrockFxTrading Updated 

Entry price - $1890 Take profit 1- $1870 Take profit 2 - $1857 Stop loss - $1904.50 As we can see on the chart, price broke the trendline downward, and a pull back occurred. Therefore, I expect price to short to $1857. What do you think? Share your opinion in the comment section✍️ Please support this idea with a LIKE👍 if you find it useful🥳 Follow me to...

PetrockFxTrading Updated 

As we can all see on this chart, this is replica of what happened early this year (January, 2021). On 8th January, price found itself in a tight triangular zone and eventually left the zone 21 days after with a breakout and a retest which led us to $57,500. History repeated itself again and price got into the same tight triangular zone on 19th May 2021 and it's...

PetrockFxTrading

Trust wallet token is in a downtrend as seen on this chart. Also, we have a descending triangle too on the chart. Price has tested the support trendline the third time and didn't break it. Therefore I expect a bullish movement to $0.4 first. If Price break the trendline, then $0.5 and $0.6. What do you think? Share your opinion in the comment section✍️ Please...

PetrockFxTrading Updated 

Right here is a downward channel with price testing the support trendine. If price does not break this trendline, I expect a bullish movement back to the upper trendine (resistance). What do you think? Share your opinion in the comment section✍️ Please support this idea with a LIKE👍 if you find it useful🥳 Follow me to receive more updates on this pair🤙 Happy...

PetrockFxTrading

We have an ascending triangle with three credible support trendline on the chart. Price retested the trendine and resulted into a bullish pin bar which indicates a long position incoming. Therefore, I expect price to break the neckline upward and to continue in that direction. What do you think? Share your opinion in the comment section✍️ Please support this...