Bitcoin finally revealed its direction and its bullish. On the chart we can see 2 parallel channels. The first one is currently breaking out and there is no doubt that the second parallel channel will break as well. Next resistance is exactly at the top of the first parallel channel, I am expecting a pullback from this strong dynamic line. From the Elliott Wave...
Bitcoin after bouncing from a Bullish Cypher PCZ and Breaking out of a Falling Wedge has back tested the wedge as support and has closed bullishly above the backtest and now we have a confirmed Break-Hook-and-Go on the monthly timeframe as well as Hidden Bullish Divergence on the MACD. If this is truly the bottom then I would think Bitcoin is likely to complete an...
Bitcoin is forming this bullish flag pattern on the daily chart, and we have a lifetime opportunity to buy Bitcoin at the bottom of the flag. What's more, we have a long-term trendline starting in October 2023, which is another reason to buy Bitcoin in confluence with multiple technical indicators. A lot of people are calling for Bitcoin winter, but I don't think...
Bitcoin looks very strong at this moment. We can see that the price is breaking out of the descending parallel channel on the daily chart. The price is above the channel and has already retested the downward-sloping trendline. We should see a strong pump from the current price. Why is bitcoin pumping? From a technical perspective, it's pretty easy to say. Take a...
Since topping at ¥156.77 on 14 May, short-term price action on the H1 chart for the USD/JPY has exhibited a downside bias. Of late, as you can see, recent flow chalked up a pullback from a low of ¥153.60 and has initiated the process of forming the D-leg of an ‘alternate’ AB=CD bearish formation at ¥154.95 (marked by a 1.618% Fibonacci projection ratio). The...
Hi dear members, hope you are well and welcome to the new trade setup of UMA token with US Dollar pair. Previously we caught 33% pump of UMA as below: Now on a 2-hr time frame, UMA has formed a bullish AB=CD move for next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and...
FX:USDJPY Price is currently in process of making AB=CD pattern; after USDJPY created a record Higher High, most of the traders were expecting price to drop heavy and it just did that. After dropping heavily, price made some correction and formed a AB=CD pattern which is where we can expect price to drop exactly in same amount as A to B made. Our final target...
FX:GBPCAD After looking at the daily timeframe, we have identified the price pattern with this particular pair, we pointed out the upcoming big move based on similar move that this pair has made. Currently price has been rebounding from the strong buying zone where we expect a large volume to kick in the market. First our main aim will be to see how price react...
US30 Dow Jones Long Term Daily Timeframe US30 Dow Jones Long Term Daily Timeframe US30 Dow Jones Long Term Daily Timeframe
The price action of Bitcoin is relatively boring on the higher time frames, why is that? The answer to this question may be that summer is almost here, and statistically, Bitcoin has been going sideways pretty much every summer. Usually, the fun begins in August/September, when the volatility comes into the market. What can we expect from Bitcoin in the...
PEPEUSDT is showing Bearish divergence at completion of AB=CD place a sell stop at 0.00000962 as it will breaking its Last LH plus trendline
OANDA:XAUUSD Our last idea on gold turned out to be 700+ pips opportunity, here we have seen some bearish movement that has started happening. There are some areas that needs to be filled around $2330 area which remain a vital key level for buyers. Please use accurate risk management and do your own research.
-Bearish momentum -Trading on a previous key level -break above 2350 level indicates reversal momentum -break below 2350 level indicates a continuation to the down side
BINANCE:BTCUSDT price currently in making of AB=CD pattern, it is likely to touch and reject at the $53000 which area remain crucial for most of the swing investors. The following news we can significant impact in the crypto market also 50k to 53k area remain extremely bullish. With accurate entry at 530000 area when we can target 80-100k possibly.
BTC is on consolidation range: -Down channel consolidation. -ABCD pattern. -Demand zone. -Fibo retracement at 0.618 zone. . BTC is swinging down, preparing for taking off. Wait and see. . US STOCKS- WALL STREET DREAM (My fb Group)
ETH- consolidation for a big run -ABCD pattern. -Demand zone. -Fibo 0.618 retracement. -Candle pattern. -Volume confirmed. . US STOCKS- WALL STREET DREAM (FB GROUP)
BINANCE:ETHUSDT Price is in process of making ab=cd pattern where we have a possible order block placed too at the point of D which is our area of entry. Our initial target is at $3500 and then $4000 and lastly it will at $4500. We can achieve this target by end of this month or next one depending on how other Economic factors interfere with the price...