We analysis in the major trend for someone who wants to hold this coin. As you see it makes an downtrend and price is in the middle of it. Now we can find an triangle pattern too. For short or long we have to wait for break the pattern first. Follow and like us if you liked our posts.
If in price action type, price makes a candlestick pattern, we can search for long position up to the box. But if its failed, price will continue to fall to the last bottom. Candlestick pattern is the primary and essential type for entry to the position. Follow and like us if you liked our posts.
As I told before, the number of US index is falling very strong and in some weeks later I believe that it will touch the support zone, which created by the last HL in 2018 and changing zone in 2010. Because of Corona virus and economical issue I believe that if price can not break the support, it will do a time retracement. Follow and like us if you liked our posts
Well well well! At last it breaks historical resistance. Now we can have brief look for position. price is now near to top of the second minor channel. we can wait for retrace from there to last support(previous historical resistance),and after a successful pullback, get a long position to the first minor channel.
Expect the minor channels, which are valid, you can see micro channels, which are failed time after time and make TST with its powerful historical resistance. Once again I have to say that now I do not have any comment yet, until when I see a valid BOF(Break out failure) or PB(Pullback). But if we want to have a closer look, I have to say that without loosing its...
Lets start to eat Sushi! In major trend the price tries to get its first date place and create an uptrend. powerful support leads price to higher target. Cause of wide angle of degree, I think the power is in the bullish team, which makes higher highs as fast as possible. Support us by like and follow if you liked our posts.
Lets do the first prediction! I believe in time retracement, cause of chart moves by 2 obvious parameters. Price touch the pick in 155days and retrace for 82 days. This means that by the lower time, price could retrace and make another bottom. But that is not all things that we have see. Price retrace more than 78% of it self. If we wanna have a conclusion by...