Main items we can see on the chart: a) The price has broken a bearish Structure (ABC pattern) b) After the breakout, we can see a pullback (current structure) c) Based on these circumstances we expect a bearish potential towards the next support zone d) If you are interested in trading this, the current structure is a good spot / If you want further...
Main items we can see on the chart: a) The price is on an ascending channel just on the edge of it b) We saw the breakout of the corrective Structure c) Currently, we can see a throwback after the breakout (the trading opportunity) d) On the 30min chart, we can focus on the throwback (defining the correction and trading above it) e) Target will be 0.62950
Main items we can see on the chart a) The price has broken a range (yellow lines) b) After the breakout, we saw a huge bullish movement and now we can see a retest of the zone c) On the Zone, we saw a corrective structure (purple lines) d) The corrective Structure has been broken e) Based on that we expect that if the price goes above the green...
Main items we can see on the chart: a) The price is on a 4hs compression making a throwback on the broken descending trendline b) If the compression is broken we expect a bullish movement towards the support resistance zone c) On the Support Resistance zone, we are using as target, we can see how the price tested both sides of it. d) If you are...
Main items we can see on the chart: a) The price has been on a correction for 20 days b) The correction happened on a key Level c) Based on the current behaviour + the idea that there are not dynamic resistances for the price we expect a continuation of the bullish movement d) Our Target will be the next Resistance zone at 13.600
🔸 WEEKLY CHART EXPLANATION: . . 🔸 Price is on an uptrend. . 🔸 It has broken the counter trend channel. . 🔸 We observe that it has been consolidating for the last weeks but it is starting to show bullish signals. . 🔸 Will look for a lower timeframe bullish setup. 🔸 DAILY CHART ANALYSIS:
🔸 WEEKLY CHART EXPLANATION: . . 🔸 Price broke the Ascending Trendline. . 🔸 It has broken the first Support Zone also. . 🔸 We expect a downside move towards the previous low, making a double bottom. . 🔸 Will look for a lower timeframe bearish setup. 🔸DAILY CHART ANALYSIS:
Main items we can see on the chart: a) Currently, the price is inside a corrective Structure after a motive wave b) The Corrective structure is above a key support zone (check the Daily Chart) c) Based on that we created two possible outcomes for the price d) SHORT SCENARIO: On the Support zone we can see a small correction (ABC pattern / Flag)...
🔸 4H CHART EXPLANATION: . . 🔸 Price is moving on an Ascending Channel. . 🔸 It broke down the Channel but couldn't hold below it. . 🔸 It has also broken the Resistance Zone. . 🔸 Will look for a lower timeframe bullish setup. 🔸 DAILY CHART ANALYSIS:
🔸 4H CHART EXPLANATION: . . 🔸 Price broke the Corrective Structure. . 🔸 It did a pullback and was rejected (can be better appreciated on a lower timeframe). . 🔸 We consider that the bearish move can reach the lower trendline of the Weekly Descending Trendline. . 🔸 Will look for a lower timeframe bearish setup. 🔸 DAILY CHART ANALYSIS:
🔸 4H CHART EXPLANATION: . . 🔸 Price is moving on an Ascending Channel. . 🔸 It has broken the Support Zone (Higher timeframe Zone). . 🔸 If it breaks to the downside, then it has potential to reach the Support Zone. . 🔸 Will look for a lower timeframe bearish setup. 🔸 DAILY CHART ANALYSIS:
🔸 4H CHART EXPLANATION: . . 🔸 Price has been moving on a range for some weeks. . 🔸 We can observe that it is facing the Ascending Trendline. . 🔸 If it breaks to the downside, then it has potential to reach the Support Zone. . 🔸 Will look for a lower timeframe bearish setup. 🔸 DAILY CHART ANALYSIS:
Main items we can see on the chart: a) The price is inside a massive Daily Correction (yellow channel) b) Currently, the price is on the upper trendline of the channel c) There we can see a corrective structure d) We consider that structure as a key formation to define the direction of the asset e) We have two scenarios on the chart, if the price...
Main items we can see on the chart: a) The price has been correcting for 24 days b) Currently, we can see that the most external lines of the correction are about to be broken c) Based on that, if the price breaks above 3170 we will consider it as a bullish confirmation for the new motive wave d) Our Target for this movement is the Double top with the...
Main items we can see on the chart: a) The price is inside a Huge Correction (yellow lines) b) we saw a first attempt of breaking it, that ended on a Falling Wedge Pattern c) Currently, the falling wedge pattern has been broken d) Now observe a new effort of breaking the Huge correction e) We expect a bullish movement with two possible Targets
Main items we can see on the chart: a) The price has broken an ascending trendline after finding resistance on a relevant supply zone b) After the Breakout, we saw a corrective Structure (ABC Pattern) c) Currently, we are observing a breakout of the ABC Pattern d) We expect a bearish movement towards the next Support zone e) We should be able to...
🔸 4H CHART EXPLANATION: . . 🔸 Price is on a downtrend. . 🔸 It has bounced at the Resistance Zone. . 🔸 If the structure is broken, then there is potential for a downside move towards the Support Zone.. . 🔸 Will look for a lower timeframe setup. 🔸 DAILY CHART ANALYSIS:
🔸 4H CHART EXPLANATION: . . 🔸 Price is on a downtrend. . 🔸 It has broken the Descending Trendline, however, the bullish strenght was not enough to break the Resistance Zone. . 🔸 Instead, the structure has been broken to the downside. . 🔸 Will look for a lower timeframe setup. 🔸DAILY CHART ANALYSIS: