📊 #BTC 1W Overview So you guys still wondering where the heck is BTC going let me make it simpler to explain it to you. Here above chart shows we are already since there in a bear market in red region which was triggered at 34K levels. BTC is now at critical support level at 19.6k (Orange line)🟠 which is the ultimate support for now holding or losing changes...
Hello traders 👋 EURUSD broke 1.0000, which was the support line in the previous strong decline. As for EURUSD, the closest support can be around 0.97600, so there is little risk of opening a short trade. Note how strong the DXY is growing
According to the previous analysis, after the immediate uptrend line was broken, the decline continued and reached the first tp level. Now GBPCAD in a bearish impulse, we'll wait for the pattern to formed and break down
AUDJPY is dropping towards the monthly support. Price is currently consolidating on the weekly support, a break below will drop towards 89.203 before any bullish retracement.
After the recent drop, the price has returned to the 0.5 Fibonacci level. The sideways and weak price movement may indicate that market participants have accepted the current price or even are preparing for the next drop. The chart suggests increase in bearish momentum.
BTC has broken through the very important support line a few days ago, and it is not losing its bearish momentum. Worst case scenario is that it will pump and bounce off the new resistance line. My projection is that BTC will dump to 28k, or even worse, dump to 18k. CRYPTOCAP:BTC
Bitcoin it's forming a possible bearish movement that could to lead to the previously price around to $29,387 USD in this support line. Meanwhile, we expect that Bitcoin continue descending this market structure to find up sell during the next month to sell Remember to know what happen in the global economy in the influence of U.S. Dollar about the interest rates...
OANDA:GBPUSD GBPUSD in an overall bearish trend on higher timeframes(DAILY,4H,1H). Price broke a key level of support to continue its bearish move. Let's wait for a possible retest at one of the FIB retracement levels alongside a bearish reversal pattern to go short on GBPUSD
BTC has shown clear price breakdowns from rising parallel channels across MTF's. Following yesterday's ~7.5% pullback, BTC reversed with little momentum into a parallel channel that's now showing weakness. Bureau of Labor Statistics publishes March consumer inflation today in 1 hour followed by producer inflation (PPI) tomorrow. LTF bear flag reflected with...
HTF -> The market has been moving between dynamic support and resistance and it has recently touched the top of the ascending channel and moved impulsively from it. LTF -> The price has hit a support level, but because we are in a bearish trend, the probability of the market to continue is higher than it is to reverse... So what I am expecting from the market to...
HTF - Market touched the top of the daily expanding channel and it has been moving bearishly ever since. LTF - Market is forming an expanding channel and since the market has been moving impulsively downwards, than I would expect if the market breaks the correction that is forming now to the downside, further bearish momentum would be seen.
US30 - Potential Shark pattern almost complete, i'm looking for price to push down to the next S/D, here we will probably see some rejection (But only to build liquidity so price can break this level then head down to the D point where I will be looking for reversals. (I will scalp this both directions on LTF's) But HTF Bias this is where I'm predicting price...
HTF - Structures received a false BO and formed a double top pattern and moved impulsively to the downside. LTF - Market currently stuck in a correction continuation pattern, further bearish momentum expected, however, it is reaching the bottom of the HTF ascending channel, so further precautions should be taken if price impulsively moves up.
HTF - Price has been stuck in a descending channel since June of 2021 in the 4-hour TF. LTF - Price has recently broken HTF structure but formed a weird head and shoulders pattern in an ascending channel, which indicates reversal, + price has moved impulsively inside the HTF structure adding confluences to momentum reversal. Now the only thing we need to wait...
HTF - Bearish impulsive move down, followed by a correction ascending channel. LTF - Price has moved impulsively down twice, but now is forming an expanding triangle, and currently, in a descending wedge, I expect further bearish momentum, however, there's the HTF ascending channel barrier that needs to be broken followed by a continuation correction pattern,...
GBP/CHF - Potential shark pattern forming with the D point landing in a very nice PRZ for the Daily uptrend continuation OR we could see price break through the zone and continue the weekly downtrend, but we've had multiple BOS and bearish momentum to suggest price is heading towards the D point so I've taken a short here and will analyze PA if it reaches the zone...
US30 - Daily is bullish so I'm looking to trade the retracement before potential continuation, currently have bearish momentum and a nice shark that lines up perfectly with the .886 pullback (This zone also has lots of confluence for a HTF continuation. ** Disclaimer *** These ideas I never trade until the end target with my initial lots, I focused on high...
Hello In this case we are looking bearish trending adn confirmation flow on both daily and four hour timeframe. This analysis is presenting very strong and powerfull momentum flow, because both timeframes connect at once at the same timing. FLIPPING SIDE - Presents who has power on the market. At this moment we are count on bears. Daily confirmation - when...