Short term analysis: Bitcoin reach new all time high in previous days and reach 60K so many news and ... pointed this huge gain but the thing here is this that, that was just fake breakout why? beacuse when price fall back to 58K for retest of previous resistance that broke no support taken and price fall hard to 53K near strong trendline that shown as <> on...
Red rectangle shows what we expect on this analysis and what is the purpose of trade and targets are : in uptrend sometimes we have descending channels that they are short term bearish patterns before next huge rise Targets : A. 0.4700 B. 0.4960 previous fall that was expected : <> <>
we had rejection from 0.5% of Fibonacci retracement 3 times and price continue to fall each time now on this important zone what we expect is Red path to continue and price fall to our targets Targets : A.1.3780 B.1.3645 Notice :(Green path ): if and if price break resistance and retest complete then we would have different scenario but still 0.61 % remain...
What we expect is simply shown on rectangles : trendline broke and here is now one of the most important zone and two scenarios is available\ 1.Red rectangle and red path : price start drop hard and Ethereum has the potential too because previous high not touched and this means lower high on daily time frame and we would expect maybe even downtrend starting on...
as we told we expect that LTCUSD reach new high this week but for now what we expect is some range or rest here to gain power for more pump or push to upside our targets are based on Fibonacci levels Targets : A.212 =7% profit (0.23% of Fibo)<> B.200 =12% profit(0.38 of Fibo)<> C.190 =17% profit(0.5% of Fibo)<> here is what we expect in long term : Notice ...
Hi and welcome to this educational post: Here is some of the important Reversal patterns : 1.Double Top: price two unsuccessful times try to break resistance and continue the trend but second time that failed if the price fall more than previous support that formed (fall under neck line) then pattern completed and falling would start . 2.Head & Shoulder : has...
for short-term traders we talk about market at the weekend and discuss about sell opportunity's on this important area : But if we see market with different view we can see that EU is getting weaker and weaker important Area shown on chart As Red rectangle , on that area we have most and heaviest daily support why? 1.previous daily resistance that is now...
we talked about Gold that need some drop after touching resistance on 1740 and that happened too as we expected : now support on 0.61 % of Fibonacci is completed and we are looking for another entry as buyer on Gold Green path :after some rest again we expect market show strength and climb chart to our targets taken with Fibonacci levels Targets: ...
here is an update for previous analysis that shared before and already in profit : what we expected technically is this that market reach targets easily after some rest with Fibonacci retracement that used and again price start to🚀 Targets : A.240 B.270 C.290(we would come with an update if A & B touch) Notice : we expect falling to 0.5% of Fibonacci from...
in long term scenario this is what expected: so market is still bearish and even more fall expected but for now and short-term trading with targets near 100 pips this is entry point and Target for start of new week. Target :1.1850(+ 100--120 pips) Green trendline : middle of channel and valid trendline that price react by touching that before Green path :...
correction or breakout ? what do you think? lets discus in comment section ? Red Arrow (Purple arrows ): Simple and easy Bitcoin is near strong resistance and why strong resistance ? 1.is near channel high level and soon sell pressure will lead market to down side . 2.we are touching all time high and its strong resistance too . 3.if this head and shoulder...
previous analysis on GU reached target : and here is update that what we expect now from market Red path : GU created new local trendline that is green trendline and we expect the market break that and fall all the way to reach our targets that is near strong support area and purple trendline that is daily trendline on...
this post is actually some kind of educational post too . we talked about Ethereum long term patterns before : and here , what we want to talk about is one of the most important time for opening long position with high reward on it ,as you can see these kinds of pattern is short-term weakness in uptrend that is good place for buyers that left behind or for...
as we can see BTCUSD is completing a reversal pattern here (H & S) and for confirmation of this pattern we put purple line near resistance over here that is important zone(52300$) too if it break and retest get completed we would say for sure pattern is completed and we are going for our targets: A. 58K(all time high) B.66400(if major resistance break then we...
this green line is one of the best entry point for opening long position why ? 1.here is important daily support that is shown below: 2.we are new channel lower side and buy pressure will soon touch market candles to 🚀 Target is : A.1.2000 Notice :the market is bearish as I told in previous analysis too : so be carful about Red path and break out too that...
this green line is one of the best entry point for opening long position why ? 1.here is important daily support that is shown below: 2.we are on channel lower side and buy pressure will soon touch market candles to 🚀 Target is : A.1.2000 Notice :the market is bearish as I told in previous analysis too : so be carful about Red path and break out too ,that...
as you can see there is two buy opportunity here that one is shown with green path and other shown by green curve Green path : valid trendline here create strong support and next time trendline will touch near 1.3830 Green curve : is actually the continuation of green path if it fall more and touch second trendline and daily strong support then buy...
Red path and correction or green path and breakout ? what do you think? lets discus in comment section ? Red path : Simple and easy Bitcoin is near strong resistance and why strong resistance ? 1.is near channel high level and soon sell pressure will lead market to down side . 2.we are touching all time high and its strong resistance too . Targets: ...