PetrockFxTrading

PetrockFxTrading

This Bitcoin chart right here is a monthly timeframe chart. We all have been expecting this bear market to be over but it keeps deceiving us. Here is a clue on what to expect in the coming month. Based on 2017 bear cycle that lasted for 27 months (821 days) as displayed on the chart, we see the current 2021 bear market following the same trend. We have four...

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NAIRA is currently indecisive with CMP sitting at 751.8 per dollar. A breakout from this triangle to confirm Naira next direction. An upward breakout above the resistance zone toward 760 will make NAIRA super bullish to 777 and 800. A downward breakout will drop price to 735 or more. What do you expect?🤔 An upward breakout or a drop?? Not a financial...

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We all anticipate for the bear to end but charts are proving otherwise. The crypto Total Market Cap Exclude BTC chart shown here indicate that we have liquidity sitting at $208B. A breakout below the triangle will quicken this bias. What do you think? Not a financial advice 🙅🏼‍♂️ Share your opinion in the comment section✍️ Please support this idea with a 👍...

PetrockFxTrading

#TOTAL (UPDATE) Here is what to expect on crypto total market cap for the next few months. $TOTAL is clearly bearish. But we may see a small pump towards $850B - $900B for market to seek liquidity before the drop. If price should drop from $900B market cap to $640B then $558B, imagine the outcome on Bitcoin. Also, if the crypto total market cap should drop from...

PetrockFxTrading

#BITCOIN (UPDATE) Clearly shown on the chart is bearish breakout from the trendline support and a pullback in play. When the pullback is complete, then another drop below $15,000 Not a financial advice🙅🏼‍♂️ Share your opinion in the comment section✍️ Please support this idea with a LIKE👍 if you find it useful🥳 Happy Trading💰🥳🤗

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#Nigerian Naira Rate (Update) Day after day, the Nigerian currency is losing it’s value. Here is a weekly timeframe analysis. Based on technical analysis, Naira broke it’s major resistance at 630/$ to $710 and pullback is needed to gain momentum for the next run up. Therefore I expect a fall to 630/dollar before a rise to new price target at 800, 850, 900, 950...

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#PSG (Update) Here is a daily timeframe analysis. Price broke the first accumulation zone which led to the trendline breakout. There’s a retest on the current accumulation. Therefore, I expect a push upward to $13 and $14. Not a financial advice🙅🏼‍♂️ Share your opinion in the comment section✍️ Please support this idea with a LIKE👍 if you find it...

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#TOTAL (Update) With regard to my previous idea here Total just showed us a very good confirmation by breaking the inner trendline (rising wedge support) and falling towards the outer trendline. Therefore, I expect Total to dive down to $960B before the move upward. Not a financial advice🙅🏼‍♂️ Share your opinion in the comment section✍️ Please support this...

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#CRYPTO (Update) Price got rejected at 1.176T and it’s approaching a weak trendline which can make the market dump. Also, price can pump and break 1.23T zone and continue to rise. Let’s wait and see how market will play out. In the meantime, kindly share your opinion in the comment section about what we should expect this week, a pump or dump?✍️ Not a...

PetrockFxTrading Updated 

#Bitcoin (Update) Here is a daily timeframe analysis with price in a rising wedge. As shown here, price is at the tip of the wedge. A breakout which can be an upward or downward breakout is needed. I expect Bitcoin to break downward for the last dive to $20,000 before the move upward to $37,000. Aside this post, Bitcoin is overall bullish. Not a financial...

PetrockFxTrading Updated 

#CRYPTO (Update) Total crypto market cap just broke major resistance. Is this a sign that the dip is over or a fakeout? Not a financial advice🙅🏼‍♂️ Share your opinion in the comment section✍️ Please support this idea with a LIKE👍 if you find it useful🥳 Happy Trading💰🥳🤗

PetrockFxTrading

#Bitcoin Update🔥 Technically, we are repeating the same movement as in 2017. Bitcoin dropped by -84% from all time high from $19,799 to $3,159. As displayed on the chart, the major zone that served as a strong support was violated and Bitcoin dropped by -47% from $6,000 support to $3,159 in 2017. This same setup is repeating itself. The current bear...

PetrockFxTrading

Please support this idea with a LIKE👍 if you find it useful🥳 Not a financial advice🙅🏼‍♂️ A bullish confirmation is seen here with a breakout from the previous high and a pullback to the area at $0.1181 as indicated on the chart. Price is in an uptrend to price targets at $0.15, $0.17 and $0.19. What do you think? Share your opinion in the comment...

PetrockFxTrading

Please support this idea with a LIKE👍 if you find it useful🥳 Not a financial advice🙅🏼‍♂️ In my last idea on Fantom, I made a forecast for Ftm to rise by 65% to 1.74 where I also gave an update to change the profit targets from $1.74 to $1.50, $1.52, $1.54 and $1.55 here Price hit all profit target. For those that took the trade, congratulations on the...

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Please support this idea with a LIKE👍 if you find it useful🥳 Not a financial advice🙅🏼‍♂️ This is the continuation of my previous analysis on fantom here👇 Price is approaching the lower trendline which is a potential support zone to push price ahead to the upper trendline. For investors, you can buy and pick a long position from $1.02 - $1.10 and take profit...

PetrockFxTrading

Please support this idea with a LIKE👍 if you find it useful🥳 Not a financial advice🙅🏼‍♂️ As seen here, resistance break out and pullback has taken place. The current daily candle close currently forming a bullish pin bar will confirm Bitcoin rise to the upside. There are major resistance zones Bitcoin must break to continue in this direction. My targets...

PetrockFxTrading

Please support this idea with a LIKE👍 if you find it useful🥳 Not a financial advice🙅🏼‍♂️ As explained in my last idea, I said we need an upward breakout from the falling wedge pattern to confirm a bullish move. Fortunately, price broke upward. On today’s chart, price broke out from a support zone at $0.00002550 and it’s in a pull back to the support. Once...