kourosh1973

kourosh1973 Updated 

Hi, Let me share what is in my mind and appreciate to get your feedback. I rather to analyze charts in upper time frames. As you see in weekly chart, Elliot waves are very clear and visible. I believe the first wave ended and we are in the second wave (correction). the question is: "Where should be B point?" I tried several Fibo on chart and found 0.193$ for B....

kourosh1973 Updated 

This is just what I see on the chart and indicators. Maybe wrong! Its technical of coarse. By the way I think Price is more likely to come down than go up based on RSI and MACD specially on weekly TF. Thank you for your comments.

kourosh1973 Updated 

Hello friends, Line I: I drew to determine the importance of trend lines and their breakage and pullback Line II: The same thing happened on this line and the pullback was completed Line III: The downtrend is broken and indicates the beginning of a possible climb Line IV: This is a long-term support line and very important. If bitcoin can cross this line, it can...

kourosh1973 Updated 

Hello friends, In my opinion, the trend line "I" is very important for trading LUNA. During the last 5 months, this line alone has prevented the price from falling 3 times and rising from it 4 times !!!! Now we are in the fifth call which it can act as a resistance again... But, the RSI is above 70 and the ADX is above 40. So, I personally expect that price...

kourosh1973

TF: Daily According to MACD and trades volume, I believe BNB should meet the bold trend line at 450 but stay in +450 zone. I found a similar pattern in the past which I highlighted. Holders should celebrate If price repeat the pattern and stay over the bold trend line (middle one), otherwise it will be possible to touch lower than 300$. It seems the chart is...