vcp pattern/ symmetrical triangle
price action have been showed contraction from the past 2 year in 3 days TF. price action have been tried fbo (sos) to do the shakeout weak hand holder in the past.
currently trading in the zone of support 382 fibo.
a great bo above 455 will be a nice change of trend
however, broken support or cl if more than -8% from...
BTC chart showing weakness of bearish Divergence.
Feb 22 price may potential close above to 46,900 but sign of strength is not strong from the volume and for the downside can look until to 19k from the structure of double top. Price may not drop immediately due to mass adoption of BTC as stored value in many countries but will formed lower high and lower low...
Gala might pullback to 0.26 to 0.30 area..
the most ideal ep is come with test the support for lower risk.
the next big resistance will be 0.488.
big major resistance will be 0.75. if can bo from here, gala will head to the moon.
other local resistance can refer fibo
based on previous analysis, btc unable cross above resistance from fibo 0.382, it is a good area to place short ep here, (+-2% from the resistance)
hence, the best ideal to short btc is near resistance fibo 0.382 currently.
based on ytd daily chart, the candlestick is bearish engulfing. it is a strong sell signal for short term.
can consider to short it if the price unable break above 5.8 with good effort volume.
price are expected ranging in a box range 5.2 to 5.8 in short term period before deciding their direction.
considering the bearish factor of btc trend and the uptrend of...
Oil price have been having a good momentum rally and sweet bull honey moon in the past 4 weeks and reach the resistance currently.
Long call buyer are expecting them breakthrough resistance and reach 125 in this year.
However, resistance is full of short call at 86 currently..
best ideal strategy to short it is short it on fake breakout when is failed hold...
KAva mainnet is going upgrade on 16th jan 2022.
current chart setup have been done testing the seller power successfully 2 times with double ns and 1 sp.
cpi is above expected as just released 9.30pm (+8utc) just now.
high chances bull send it to mark up stages
The counter come with good accumulation and good growth rate in their latest qr.
Multiple spike fift+ in the past 2 months
Recent price trends come with good increasing volume in this few day and pull back with low volume to do shake out weak hand holder. It is showing the number of buyer are interested the counter. The consensus are getting stronger.
uzma: multiple ns signal in between 0.640 to 0.695 area. sm is interested on this area..
the chart pattern is come with double bottom and done strong reversal on recently. price pullback and test with support.
uzma is under o&g theme. have a close look out on ukoil and usoil futures trend.👀👀