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🔸 4H CHART EXPLANATION: . . 🔸Price bounced at the Resistance Zone and broke the Ascending Channel. . 🔸After that, it has consolidated on a corrective structure for some days and finally broke it last night. We have posted an idea some days ago explaining that we were waiting for a breakout (you can check it on our feed). . 🔸Now, we consider that it has potential...

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Main items we can see on the chart: a) Take a look at the Weekly chart how the price reached a major resistance zone b) On the 4hs chart, we can see that the price formed a Compression on that level c) Currently, we had a breakout of the compression with a clear bearish movement d) Now we can see a clear corrective structure composed by an ABC...

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🔸 4H CHART EXPLANATION: . . 🔸Price has been a little choppy for the last weeks, moving aroung the Resistance Zone without clear direction. . 🔸Now, it has broken the Ascending Trendline. . 🔸We consider that it has potential to reach the Support Zone. . 🔸 Will look for a lower timeframe bearish setup. 🔸 DAILY CHART ANALYSIS:

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🔸 DAILY CHART ANALYSIS: . . 🔸Price has broken the Ascending Channel. . 🔸We observe that just below the Ascending Trendline of the channel, there was a Major Support Zone. We were waiting for a break of this zone to the downside before considering a short trade on this pair. . 🔸It did not happen, instead, price is inside the Ascending Channel again after boucing...

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🔸 DAILY CHART EXPLANATION: . . 🔸Price has been a little choppy for the last weeks, moving aroung the Resistance Zone without clear direction. . 🔸We are waiting for the breakout of the current structure before considering any position on this pair. (Remember, trading is about reaction not prediction). . 🔸In case of a breakout to the downside, the bearish target is...

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Today we will be working with two timeframes, Daily and 4HS Main items we can see on the Daily Chart: a) The price is on a clear bullish trend since March 2020 after bouncing on a massive support zone b) Currently, we can see a corrective structure supported on a broken descending channel c) Our daily Target for this movement is the major descending...

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🔸WEEKLY CHART EXPLANATION: . . 🔸Price bounced at the Confluence Zone between the Ascending Channel and the Resistance Zone. . 🔸It did a strong downside move breaking the Support Zone (now Resistance Zone). . 🔸It has retested the zone again and we observe that was a strong rejection there. We consider that it has potential to reach the Ascending Trendline . 🔸 Will...

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Main items we can see on the chart: a) The price is inside a major descending channel; that's our major structure b) Also, we have a massive support zone (that's our second major structure) c) Based on the direction provided by those two, we can see that the main direction is Bullish towards the higher trendline of the descending channel d) Currently,...

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🔸 DAILY CHART EXPLANATION: . . 🔸Price bounced at the Resistance Zone. . 🔸It has been consolidating since then without a clear direction. . 🔸We consider that this pair has bearish potential towards the Support Zone. After that, we will wait for a definition based on the two scenarios in the chart. . 🔸 Will look for a lower timeframe setup when the direction is clear.

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🔸 DAILY CHART EXPLANATION: . . 🔸Price bounced at the Resistance Zone and started a strong downside move after that. . 🔸It has broken the Ascending Trendline. . 🔸We consider that this pair has bearish potential towards the Support Zone in the short term. . 🔸 Will look for a lower timeframe bearish setup.

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🔸 DAILY CHART EXPLANATION: . 🔸Price bounced at the Resistance Zone and started a strong downside move after that. . 🔸It has broken the Ascending Trendline. . 🔸We consider that this pair has bearish potential towards the Major Support Zone in the long term, however, we need to be careful with the middle Support Zones in case we decide to short trade. . 🔸 Will look...

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🔸 4H CHART EXPLANATION: . 🔸Price bounced at the Resistance Zone and started a strong downside move after that. . 🔸It has broken the Ascending Channel. . 🔸Now, we can observe that it is making a consolidation on a lower timeframe. We have spotted this structure and waiting for a breakout to the downside. . 🔸 Will look for a lower timeframe bearish setup. 🔸 DAILY...

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🔸 4H CHART EXPLANATION: . 🔸Price is on a clear downtrend and bounced at the Descending Channel. . 🔸We can observe that has been moving on a range for the last weeks. . 🔸Now, we are waiting for a breakout of the Support Zone before considering a short position on this pair. . 🔸 Will look for a lower timeframe bearish setup. 🔸 DAILY CHART ANALYSIS:

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The price has reached a major Technical resistance zone (the purple lines are a weekly channel, there also other structures that were converging on that level). There we saw a significant sell-off on the Tech sector with a -8% correction on the index. The main question here is: Is the correction finished, or do we have more bearish potential? Main items we can...

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🔸 DAILY CHART EXPLANATION: . . 🔸Price bounced at the Daily Resistance Zone. . 🔸It is facing the Ascending Trendline. . 🔸We are waiting for a defintion here. The options are a breakout to the downside or a bounce towards the Resistance Zone. . 🔸 Will look for a lower timeframe setup. 🔸 4H CHART EXPLANATION:

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🔸 4H CHART EXPLANATION: . . 🔸Price bounced at the Descending Trendline. . 🔸The overall trend is bearish, so, this lower high could lead to a continuation of the downside move. . 🔸The first target is the Support Zone that has been tested multiple times. . 🔸 Will look for a lower timeframe bearish setup. 🔸DAILY CHART ANALYSIS:

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Today we will analyze the current situation on BTCUSD Main items we can see on the chart: a) From a bullish perspective, we had a clear Breakout of a major daily structure, that's one of the most solid aspects for the bullish view b) After the impulse, we saw a bearish movement (current situation) From 12.500 to 9800 c) IS that a reversal signal? Not...

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🔸4 H CHART EXPLANATION: . . 🔸Price bounced at the Daily Resistance Zone. . 🔸It has broken the Ascending Channel. . 🔸We consider that this pair has bearish potential towards the Support Zone. . 🔸 Will look for a lower timeframe bearish setup. 🔸 DAILY CHART ANALYSIS: