on the weekly time frame an M pattern has formed so market can respond to this pattern at this case we can expect price go up to touch the neckline of this pattern so on weekly time frame seems we are bullish yet. on 1day and lower time frames on the other hand price is moving in a rang area between two important support and resistant level. as you can see...
the price managed to close above the trend line on 1H timeframe. now this pullback can give us a descent chance to take position. the condition is simple: if the price can close above my trigger area we can set our long position. taking profit levels are on the chart. below 1.0141 level is our stop loss and the trend even can change.
price is trying to break the local ascending channel. if that happens indicates for strong impulsive movement. so based on this strategy if the price can manage to close above our trigger level we could expect more than 10.5$ coming. our stop level would be below 7.85.
the short term strategy on gold is long position. so if the price could manage to break the channel upward our long position will trigger. targets and stop loss are on the chart.
Hi everyone price is still moving into an ascending cannel. tested top and bottom of the channel several times. if you see the chart you can notice around 19K is holding the price to drop well. so this level is important to beak down or up. in 1Day and 3Day chart price is still moving sideways that may cause for more consolidation hours in coming...
Hi everyone the main trend still follows my last publish update on BTC. the key level to hold the uptrend is 20500 and key level for changing to the down trend would be 19300. so as long as the price moves into the channel would remain in bull trend. loosing 19300 could lead us to 17600 or deeper but not an optional for now. our main target still the same...
Hi everyone price is moving into an ascending channel. to me has more chance to go up if that happen the goal is between 1365$ to 1425$. our stop level in the case of market drop would be below 1172$. Enjoy the market
Hi everyone price is moving neutral and has formed a symmetrical triangle. so more consolidation in short term is expected. and both side still possible based on our condition we can have 2 possibilities: -price will close below our support level 18560$ and drop to our main demand area between 17150$ & 16200$.... more drop possible too - or price will close...
Hi everyone for now price is into the ICHI cloud it means price would be neutral. and we can not expect up or down when price is moving into the cloud. however from price action view it is moving into a descending channel se price can keep moving into the channel for some more hours or days. >>>>>>>>>>>>>>>>>>>>><<<<<<<<<<<<<<<<<<<<<<<<< there is two scenario...
Hi everyone price at the moment is moving above Ichimoku cloud but in range. our main descending channel has broken upward. those signs indicates for more upward pressure. so if the price close below local trend line and trigger drop point it may decline into the channel hitting next support levels. if not price can keep it's uptrend to hit next resistant...
Hi everyone our key area is important to break up if the price wants a bull momentum. main support and resistant levels are on the chart. Enjoy the market
Hi everyone On the chart we can see a significant negative volume after massive drop. many people scare to drop more and they have right to scare. but in my view BTC has found it's temp bottom and if you look at the historical you can see after any massive drop price moved sideways for a while in last bull cycle after the drop price moved in limited range...
Hi everyone finally War & Inflation could conquer to all technical analysis and after some range move the price capitulated to drop. we should also consider all main stock markets INDEX around the world are bearish that would affect on crypto market too. although I looked forward the price hit 34K before the drop but didn't happen...!anyway in 4H timeframe...
Hi everyone Ethereum has been bearish for several weeks following all bearish markets around the world. so we can say officially crypto winter been started for months. ....................................................... if you look at the monthly chart above, we can see price tested 300MA(weekly). this level is very important level because it happened for...
Hi everyone DOT has been moving sideways for days, now the odds may help the price can finally break upward. so if the price can manage to close above the main trend line will push it upward. more confirmation of the bull scenario would be by the time that candle could manage to close above ICHI cloud. our main support is around 8.7$ level. other support...
Hi everyone the price is now forming an ascending pennant... so there is a big chance the candle manage to break above our local resistant level( yellow dot line) Only if the price can close above the line, upward pressure make sense. target will be between 2.4$ and 2.55 or testing the top line of our pennant. Bollinger bands and Ichimoku both indicate on...
Hi everyone quick review on ADA to see a possible move: in general Market sentiment right now is sideway range. however ADA price is forming a bullish wedge on 4H and lower timeframes. so there is a chance that price can move upward. to see upward pressure price needs to break above the key line of the wedge. so our key level would be the resistant line of...
Hi everyone To see how the price has been supported by the dynamic trend line (orange) here I shared 12H chart. so as you can see this is a very important trend line and price bounced upward from this line after hitting several times . ...................................................... now on 4H chart if you look, the price is forming a bullish H&S. So......