D1 - The price broke above a strong resistance zone which currently acts as a strong support zone for us. Currently it looks like a correction is happening in the form of a consolidation. Bullish hidden divergence. Until the strong support zone holds my view remains bullish here.
H4 - Price is bouncing higher from a key support zone formed by the 161.8% Fibonacci expansion level of the first wave and the 100% Fibonacci expansion level of the second wave. Multiple bullish divergence. Engulfing candle pattern. Until this key support zone holds I expect short term bullish moves to happen here.
H4 - Bearish trend pattern. Currently it looks like a correction is happening in the form of a range. Price has reached a strong resistance zone formed by the top of the range and the downtrend line. Until this strong resistance zone holds my view remains bearish here.
H4 - bearish hidden divergence H4 - expecting 5th wave to complete. H1 - bearish divergence
D1 - bearish potential divergence, key resistance level H1 - looking at the bullish structure and signs for reversal.
W1 - Price is bouncing lower from a key resistance zone formed by the 161.8% Fibonacci expansion level of the first wave and the 100% Fibonacci expansion level of the second wave. Bearish divergence. H4 - Bearish trend pattern. No signs of trend change. Until the invalidation level holds I expect pullbacks and then further continuation lower.
H4 - Bullish trend pattern followed by double wave correction. Price reached the key support zone formed by the 38.2% (54552.08) - 50% (57244.24) Fibonacci retracement zones of the bullish trend pattern and is bouncing higher. Bullish divergence. Until this key support zone holds my short term view remains bullish here.
H4 - broke above the triangular consolidation H1 - currently trading inside another triangular consolidation $0.5 - psychological level was broken and price is holding firmly above it.
D1 - Bearish trend pattern completed, bullish divergence. Currently, it looks like a correction is happening. Price still has room higher towards the key resistance zone formed by the 38.2% - 50% Fibonacci retracement zones. H4 - The price which is moving higher has broken above a strong resistance zone. Currently, there are no signs of a trend change. Until...
H4 - completed bearish structure, expecting pullbacks now M15 - completed bullish structure, expecting continuation higher
H1 - Price broke below the consolidation. Bearish trend pattern. Currently it looks like a correction is happening. Bearish hidden divergence. Until the strong resistance zone holds my view remains bearish here.
Daily bearish divergence. H1 impulsive bearish structure.
After the initial impulse we are now looking at triangular consolidation and the expectation here is to see another wave up. Aggressively we can consider buys from the bottom of the triangle or a more conservative approach would be to look for buys after the breakout of the triangle.
H4 - After the strong bearish move, we had a pullback in the form of an ABCD pattern. Bearish hidden divergence. Most recent uptrend line breakout. Personally, I expect the price to continue lower further in the short term.
H4 - ABCD pattern with bullish divergence. Downtrend line breakout. Currently, it looks like a pullback is happening. Bullish hidden divergence. Expecting the price to continue higher further until the strong support zone holds.
H4 - Price is bouncing higher from a strong support zone. Multiple false breaks with bullish divergences. Bullish convergence, most recent downtrend line breakout. Until the strong support zone holds my view remains bullish here and I expect the price to continue higher further.
H1 - Bearish trend pattern. Currently it looks like a correction is happening. Bearish hidden divergence. There are two possible scenarios here: Scenario 1 - I expect the price to move lower from the current zone. Scenario 2 - Alternatively if the price moves higher then the next area to look for sells with bearish evidences would be the strong resistance zone.
H1 - Bullish trend pattern followed by double wave correction. Bullish divergence. Price reached a key support zone formed by the 38.2% - 50% Fibonacci retracement zones of the bullish trend pattern, respected it, and is bouncing higher. If we get a valid breakout above the most recent downtrend line we may consider it as a validation for the bullish view and...