4H Chart Explanation: - Price is on an Ascending Channel. - It is on the Bottom of the Channel, close to the next Support Zone. - From here, price may take two ways: 1) start an up move that should take it to the All Time Highs Level; 2) break down the Channel and go towards the Support Zones. Weekly Vision: Daily Vision: Updates coming soon!
4H CHART EXPLANATION: 🔸 Price is on a downtrend after being rejected at the Resistance Zone. . 🔸 For the last weeks, it has been on a consolidative move, which we were waiting to be broken. . 🔸 The breakout was to the downside, so, we consider it has potential to reach the Support Zone. . 🔸 We are waiting for a lower timeframe corrective move to consider short...
4H CHART EXPLANATION: - Price is on a downtrend after bouncing at the Daily Resistance Zone. - It has been on a corrective move for the past days. - However, the supply zone at 121.00 did not allow the price to continue moving up. - Now, we consider there is bearish potential towards the support zone. - Will look for a lower timeframe bearish setup.
Use this as a guide to develop your view of the chart: Main items we can see on the weekly timeframe: a)The price has achieved our Weekly Target which was the Fibo Extension of the 3rd Motive Wave / On the same zone we detected a resistance before 2015 b)Now we expect a corrective Structure similar to the previous one. From there, we will make new...
4H Chart Explanation: - On a Weekly Basis, price is on an Ascending Channel and on a Micro Ascending Trendline. - Price broke the Resistance Zone and made a Pullback to it (now Support Zone). - Price has potential to move up towards the Top of the Ascending Channel. Weekly Analyisis: Daily Analysis: Updates coming soon!
Use this as a guide to develop your view of the chart. Main items we can see on the Daily Timeframe: a)The price is inside an ascending channel (main structure) b)A key level on the chart is the support/resistance zone that has been active since November 2017 c)Currently, we can see a Zig-Zag Pattern (Flag Pattern), which is considered a continuation...
4H CHART EXPLANATION: - Price is on a daily Ascending Channel. - Some weeks ago, the channel was broken, but it was a fakeout after the price got inside the channel again. - Now, the Resistance Zone is being broken. - It has potential to reach the Major Resistance Zone. - Will look for a lower timeframe bullish setup. DAILY CHART ANALYSIS:
4H Chart Explanation: - On a Weekly Basis, price broke the Resistance Zone and started an up move. - Price is on an Ascending Trendline. - Now, it is on a Bullish Corrective Structure. If it breaks it, potential to move up towards the Fibo Zones. Weekly Vision: Daily Vision: Updates coming soon!
Use this as a guide to develop your view of the chart: Main Items we can see on the Daily Chart: a)The main structure is an ascending channel. b)The price bounced from the lower trendline of the channel. c)In the same zone, we can see proper support where the price reacted in the past. d)The previous Bearish trendline has been broken. e)Currently, we expect a...
4H Chart Explanation: - Price broke the Descending Trendline on a Weekly Basis. - Price bounced on the Support Zone . - If price breaks the next Resistance Zone, it has potential to move up. Weekly Vision: Daily Vision:
Use this as a guide to develop your view of the chart: Main items we can see on the Weekly chart: a)Currently, we are on a significant support zone that has been working since February 2015 b)We will expect a reaction there with similar proportions to the ones that we saw on the past c)The next target is 1.08261 (we are using the previous rejection as a...
4H CHART EXPLANATION: - Price is on a downtrend after bouncing at the Resistance Zone. - It has now found Support at 70.00. - We have two possible scenarios here. - The long view, will be activated in case the Descending Trendline is broken to the upside. - The short view, will be activated in case the Descending Trendline can not be broken. - Will wait for...
DAILY CHART EXPLANATION: - We observe that price is facing the Support Zone at 0.8300. - This is a crucial zone, because if it is broken to the downside, then a stong bearish move should come. - The next Support Zone is at 0.7600 that can be clearly appreciated on the Weekly Chart. - The other option, is that price bounces at this zone. - In that case, the...
Our central view on Cryptos has been Long since the breakout of all the daily structures in Bitcoin / Ethereum / Ripple. Main items we can see on the Daily Chart: a)Price made a massive long movement towards the next resistance zone as expected (take a look to link to related ideas) b)Currently, in the resistance zone, we can see that in the past, a similar...
4H Chart Explanation: - Price broke the Ascending Trendline and made a Pullback to it. - Now, it is on a correction. - If price breaks the correction, potential to move down towards the Support Zones. Weekly Vision: Daily Vision: Updates coming soon!
Use this as a guide to develop your setup. Main items we can see on the 4HS chart: a)The main ascending channel has been broken b)After the Breakout, a corrective structure was formed c)Currently, we can see a Flag Pattern (continuation structure) d)We expect a continuation of the bearish movement towards the next support zone
4H Chart Explanation: - Price broke the All Time Highs Zone. - Price is on a Correction before continuing the up move. - If price breaks the Corrective Structure and Resistance Zone, it has potential to move up towards the Fibo Levels. Weekly Vision: Daily Vision: Updates coming soon!
4H Chart Explanation: - Price is on an important Weekly Support Zone. Price may bounce from here. - To confirm the up move, wait for price to break the Descending Trendline. - After that, we expect a Bullish Corrective Structure to trade it towards the Resistance Zone. Weekly Vision: Daily Vision: Updates coming soon!