WEEKLY - Does not provide any valuable information other than the passing above a stress zone and a possibility of coming back to retest that same zone. DAILY - Price doing a short pullback and on the last day of the week bullish engulfing the previous day. If we draw a Fibonacci retracement from the 35500 to the 36600 price is between the 61.80% and the 50%...
there is actually 2 scenarios that im expecting for FTM if it does break the support line then it might drop again to 2.4 2.5 if doesnt this time we hope it break the resistance and go up to 4usd
C98 formed a Flag Pattern(Pennant) and the price successfully breakout the dynamic resistance level and going to reach the target just piece of cake.
ETH/USD Looking at ETH it shows that it has the potential to double its market valuation in the coming months. What do you think is next move?
🔵 Point Blue for entry so two points for entry and averaging subtraction 🟢 The green dot indicates the profit margin and goals. Do not forget to save profit 🔴 The red dot is the loss limit, stick to it (you can lower the average there, it is a condition) This is a newcomer, and it has high goals, but be careful, these currencies sometimes fall. . ⚠️You can enter...
If BNB resists in the $ 517 range, it will probably stay in the same range If it crosses the 517 barrier and buyers increase, it will increase to $ 571 and $ 603 But with the price falling below 449 and closing below 434, the new price floor will be recorded and the probability of falling to 407 and 378 will increase.
Hope this analysis will help some peoples! Just a idea of my chart here!
Overall sentiment is to short it. Now I will be looking for the best oportunity to sell it. Scale it up into 1h, 30min, 15min and find the best entry!! Good luck to you all. Let's smash it!
Bitcoin is likely to retrace back to 12500. The RSi prints a bearish divergence on the daily timeframe. 14k is strong resistance. The zone between 12000 and 12500 would be the best to start looking for longs again. This analysis is invalidated if we can close a full daily candle above 14k.
CADJPY Short Opportunity Daily downtrend H4 downtrend H1 downtrend Engulfing / Outside bar candlestick Hit LIKES and let more traders see this if you agree. Thank you in advanced
Continuous reversal points in this rectangular formation, will it continue at (5)? MACD looks bearish, however there is a bullish divergence on the MACD. Risky trade.