Use this a guide to develop your setup Main Items we can see on the Daily Chart: -Price has broken the Pennant Pattern -We expect a continuation of the up movement towards the Bullish daily target -Before setting orders, we will wait for a Throw-Back to the broken trendline or a support zone -If that happens we will set our Orders Above the last motive wave...
4H Chart Explanation: - Price broke the Bullish Corrective Structure. - Price made a Pullback on the Support Zone. - Bullish CCI. - If price breaks the Micro Descending Trendline, it has potential to move up towards the Fibo Levels. Weekly Vision: Daily Vision: Updates coming soon!
DAILY CHART ANALYSIS: We observe that the main descending trendline has been broken and pullbacked, and now price is trying to break the resistance zone. If the candlestick consolidates above, the breakout will be confirmed and the bullish movement will have potential to reach the top of the Ascending Channel. WEEKLY ANALYSIS:
Use this as a guide to develop your setup. Main Items we can see on the Weekly Chart: a)The price is against a significant reversal zone with the possibility of making a double top pattern. b)At the same time, the price is inside an ascending channel since 2009 and currently is against the upper trendline. c)If these two technical points work as resistance...
Our macro vision for Bitcoin is that the price is inside a Daily corrective structure with a bullish output once the structure is broken. In the meantime, we will analyze the possible roads the price could take inside it. Main items we can see on the Daily chart: a)Our most significant structure is a falling wedge, that from a theoretical perspective this...
Weekly Chart Explanation: - Price broke the Ascending Trendline and is now on a Micro Ascending Trendline. - It is against a Triple Top Resistance Zone. - Bearish CCI. - If price breaks the Micro Ascending Trendline, it has potential to move down towards the Support Zone Daily Vision: 4H Vision: Updates coming soon!
Use this as a guide to develop your setup. Main items we can see on the 4hs chart: a)The price is inside an Ascending Channel (Major Structure). b)Currently is against the upper trendline of the ascending channel. c)As we can see on the previous behavior of the price, we expect it to start. a bearish movement towards the lower trendline of the channel d)On the...
Use this as a guide to develop your personal view of the chart: Main items we can see on the daily chart: a) Currently, the price is on a Flag Pattern formation (continuation structure) b) Before the Flag Pattern, the price broke the ascending trendline (Bullish Weakness) c)We can see a clear Support/Resistance zone on the chart where the price was...
DAILY CHART EXPLANATION: Price is on a downside trend since October. Now, it has broken the Ascending Trendline, and that means that now has more downside potential. We are looking for a corrective moement in a lower timeframe to take a short trade. WEEKLY CHART:
4H Chart Explanation: - Price is on an Ascending Channel. - Price broke the Resistance Zone (Support Zone from now on). - Bearish CCI. - We expected price to move towards the Top of the Channel (and is very close to that zone). - Now, after bouncing on the Top of the Channel, we expect price to move down towards the Bottom of the Channel. Weekly Vision: ...
Use this as a guide to develop your setup. Main items we can see on the 4hs chart: a)The price failed to break the ascending channel (solid yellow lines) b)The price Broke the inner ascending channel (yellow dash-dot lines) and made a re-entry to the white channel. c)We will consider that as a failure of the bullish movement. d)Currently, we can see a...
Daily Chart Explanation: - Price is on a Weekly Ascending Channel. - Price broke the Inner Ascending Trendline. - Price is on a Bearish Corrective Structure. - Bearish CCI. - If price breaks the Corr Structure, it has potential to move down towards the Bottom of the Channel. Weekly Vision: Updates coming soon!
4H CHART EXPLANATION: We observe that the Ascending Trendline has been broken, and price is consolidating below, on a pullback to the zone. This consolidation could lead to the continuation of the downside move. DAILY CHART ANALYSIS:
Use this as a guide to develop your setup: Main items we can observe on the chart: a)The price is inside a Wedge Pattern (Main Structure) b)Wedge Pattern are considered structures that tell us about the end of a current trend and the coming of a reversal movement, c)Currently, the price is on a critical Support level (124-100) we think that is the zone in...
4H Chart Explanation: - Price bounced on on the Weekly Ascending Trendline. - Price broke the Descending Trendline. - CCI indicates that a correction should come now. - We expect a Bullish Corrective STructure before going up towards the Resistance Zones. Weekly Vision: Daily Vision: Updates coming soon!
4H CHART EXPLANATION: Price has bounced at the confluence zone between the Ascending Channel and the Resistance Zone (observe the daily chart below). After that, it has broken the Ascending Trendline, and now it is consolidating below. We consider that should be a nice bearish movement in the short term. DAILY CHART ANALYSIS:
Daily Chart Explanation: - Price bounced on the Weekly Ascending Trendline. - Price broke the Descending Trendline. - Bullish CCI crossing -100. - Price made a correction and, now, it has potential to move up towards the Resistance Zone. Weekly Vision: Updates coming soon!
4H CHART ANALYSIS: Price has been on a strong bullish trend after bouncing at the Major Support Zone. Now, it has been rejected at the confluence zone between the Weekly Descending Trendline and the top of the Ascending Channel. We expect a bearish correction here, towards the bottom of the Ascending Channel. The long term vision is long, explained below.