We have a bearish flag pattern with the price bouncing inside the vwap, as well as a B volume profile pattern, therefore the price will continue to decrease if it breaches the channel; wait for a break out as confirmation, and good luck.
The trend line has been broken downwards on the chart, generating a head and shoulders formation, which is a good sign for price continuance. goodluck
We had a rottation (balanced market) where bulls were defending their positions, but the price couldn't break the rotation down, so we had an impulsion upwards instead with high bullish volumes, which means bulls entered the market strongly, and now the market appears to be getting a rest due to dead volumes, and bollinger bands are narrowing with the high volume...
The price kept getting resisted strongly with the confirmation of the boolinger bands, and we can see the hammer candle stick pattern with a high bullish volume, which is a sign of strong price rejection, plus the Fibonacci ABCD strategy which gives more conformations, so the price seems to continue pushing up till 1.230 as a target, you can also put the stop loss...
Because the chart is bouncing inside an upward channel, making a 0ABC pattern, we forecast downward movement, particularly if he can break the POC line.
Because of the strong trend and support breakout, as well as the large volume amassed in this area, the price appears to be pushing higher. This indicates that bulls are defending their positions.
The chart has reached a strong support level that intersects with a trendline, as well as a strong price rejection with bullish volume, implying that bulls are defending their positions and that a trend reversal is possible.
The chart has been pulled back on the wedge pattern's lower trend line, and there is a significant volume accumulation and point of control. The Stochastic RSI also suggests that bulls can still push higher, suggesting a trend reversal.
The hammer candle pattern indicates a strong upward price rejection buy bulls, and we have a trend breakout, so the price may continue higher after testing the POC or the zone where big volumes are gathered, which acts as a strong support, wait for resistance as confirmation and good luck.
On the monthly time frame, we see an uptrend forming a bullish flag, indicating that the trend will continue upwards if it breaks the point of control, which acts as resistance.
The chart has formed a harmonic pattern with a strong rejection in point D due to huge volumes and support where bulls are protecting their positions, indicating that it may continue to rise until it reaches the resistance. Goodluck !
After an advance, the chart has reached a resistance zone; based on VWAP, Volume Profile, and Stochastic RSI, we may have a high possibility of a trend reversal; therefore, don't waste this shorting opportunity and good luck.
Based on chart candle patterns and volumes, as well as the 209 HMA, support resistance level, and stochastic RSI, the chances of a price rejection upwards are very good.
We have a falling wedge formation and a resistance pullback, as well as a shooting star and morning star pattern with significant volume, implying a negative trend reversal.
The chart is forming a kind of harmonic pattern, and we have a hammer and inverted hammer pattern formed after the chart has reached the support zone, and we have a volume acumulation in that zone where the support is situated with a POC line, all of which indicate that we may be approaching a trend reversal and bullish moods.
After a downtrend, we have a strong rejection when the price hits the support zone, doing movements forming a failing wedge, which means the market is now balanced, and it appears bullish due to the volume profile, which shows strong volume accumulation and the price is above the POC line, so we may see pullbacks, and the MA indicators are still intersecting,...
The chart formed a falling wedge pattern, the trend line and support zone were broken with large positive volumes, and the purple area could be a likely resistance area where we could see a price rotation. We have a slight volume buildup because of this. The poc line corresponds with the volume profile's support zone, indicating large accruing volumes; the chart...
When the price breaks the downtrend channel and hits the lower mobile support (trendline), which has a strong low price rejection and monthly support, the price may continue to rise for the following few hours until it reaches the upper resistance, which it can still break. Goodluck.