azizelliott

azizelliott

Hi guys! 👋🏻 🔔 Currently watching this rejection from the dynamic support of the uptrend channel, which was tested as resistance 🔔 There is a strong support at $46300. If that support is overtaken, the price may fall deeper to $43800 and $42500. 🔔 Although, if the support withholds, we can expect a jump to $51.2K and $53K. CME BTC futures expiry are set for...

azizelliott Updated 

Hi guys! 👋🏻 🔔 I congratulate everyone with overcoming the 50k mark. At the moment I want to pay attention to some similarities in Bitcoin's price, which prompt about the beginning of a small correction before the next bullish movement. 🔔 It is possible that Bitcoin may try to overcome the level of 49800 at night, perhaps even 50,000 and roll back to 48200,...

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Hi guys! 👋🏻 🔔 Following this setup for AUDNZD. Looks like the pair will be rejected by the dynamic support which is currently tested as resistance. Not a perfect Gartley pattern is also on the watch. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.

azizelliott Updated 

Hi guys! 👋🏻 🔔 #Bitcoin was rejected by a very strong resistance. So, fair enough, I believe we should go down to $36430 to test the resistance as support, to touch the EMA50 as support and swing high to $44-$50K 🔔 100MA as resistance, RSI overbought, MACD line on a green histogram and looking downwards, so one last correction pls! ✊🏻 Good luck with your trades!...

azizelliott Updated 

Hi guys! 👋🏻 🔔 Euro is below the trendline of March 23, 2020 and tested this dynamic support as resistance and was forced downwards. 🔔 Currently Euro is testing the 1.18400 support line and if closes below, will continue the downfall. The current level is also Fibo 0.786 of the uptrend of March 31, 2021. 🔔 Positive US NFP data might support the downtrend...

azizelliott Updated 

Hi guys! 👋🏻 🔔 GBPUSD is about to complete the Ending diagonal pattern to end this correction move. 🔔 There is a Head and Shoulders pattern which is clearly traced on this 4H chart, so keep an eye on that too. 🔔 There are no clear signs of a strong bullish reversal for Pound, although as seen on a larger time frame, it's most likely that GBPUSD will continue the...

azizelliott Updated 

Hi guys! 👋🏻 🔔 There were large announcements made recently by Goldman Sachs, whereas the banking giant will be launching the cryptocurrency trading desk as a part of the company’s Global Market Segment. Goldman Sachs will launch Bitcoin futures trading later this month. 🔔 PayPal, which is expanding its crypto offerings in the UK, is assumed to purchase the...

azizelliott

Hi guys! 👋🏻 🔔 Made this chart on Monday and didn't post it here though as had to leave. s3.tradingview.com 🔔 What is going to happen to BTC right now in my opinion is Bitcoin will make choppy moves upwards. Consolidate 🔔 What are three Golden rules? When it's overbought - goes down, when MACD line is over the histogram will go down, every Monday-Tuesday it goes...

azizelliott Updated 

Hi guys! 👋🏻 🔔 There is a symmetrical triangle is formed on a 4-hour BTCUD chart. 🔔 Although it might look like that the uptrend is expected and there is a clear ABCDE correction pattern, I'l like to point out on a very important detail here, D didn't touch upper edge of the triangle. 🔔 In a strongly bullish formations like this, usually D touches and...

azizelliott Updated 

Hi guys! 👋🏻 🔔 Possible bearish bat spotted on NZDUSD 🔔 There is a strong resistance at $0.70300, must close above that to continue the uptrend ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.

azizelliott Updated 

Hi guys! 👋🏻 🔔 Bitcoin is testing the dynamic resistance, upper edge of the downtrend channel, breaking above this level could get BTC up to 38100 and 39300 🔔 Waiting for closing above $35000, small correction for retest of this level as support is also possible. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.

azizelliott Updated 

Hi guys! 👋🏻 🔔 Oversold in RSI, in my opinion, has reached a minimum, the channel was broken, as it usually happens, rather to absorb stops, in general I expect a retest of the upper border of the channel at 34600 🔔 Important resistance levels are also located at 33900 and 32000. We are also watching support at 31000, which Bitcoin will test shortly. ✊🏻 Good...

azizelliott

Hi guys! 👋🏻 🔔 Watch for Inverted Head and Shoulders and Double Bottom patterns on EURUSD 🔔 Confirmation will be the breakout of the level 1.19250 ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.

azizelliott Updated 

Hi guys! 👋🏻 🔔 There is a divergence in price movement direction and RSI direction. 🔔 Usually this kind of divergence provides a bearish signal. We've witnessed the same on Bitcoin chart several times. Anyways, there are strong supports at 39600, 39350, if these supports are broken - BTC might touch 38100 ✊🏻 Good luck with your trades! ✊🏻 If you like the idea...

azizelliott Updated 

Hi guys! 👋🏻 🔔 Sells might continue after a retest of both dynamic and static resistances, head and shoulders pattern on the watch. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.

azizelliott

Hi guys! 👋🏻 🔔 Flag pattern spotted on Silver. 🔔 Generally speaking Silver looks very bullish though might continue the correction a bit further. Nevertheless, keep an eye on flags upper and lower edges. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.

azizelliott Updated 

Hi guys! 👋🏻 🔔 Some data to consider: Several Central Banks, including CBs of Hungary, Japan, Turkey and India have increased their Gold reserves in March, total purchases of all banks exceeded 172.2 tones. Central Bank of Hungary purchased 63 tones of gold to hedge from the US inflation, while Turkey, India and Japan CB's are most likely to hedge the risk of the...

azizelliott

Hi guys! 👋🏻 🔔 Inverted head and shoulders and a double bottom patterns could play out well for a long trade, though only above 0.73 resistance which is very strong. 🔔 Tuesday’s monthly New Zealand electronic card retail sales demonstrated growth in purchases, sales in April were up 4%, which is significantly higher than February’s 0.8%. Despite the positive...