Ethereum shows a lot of weakness on the major timeframes. You can see that the downtrend was pretty steep, and now we are in a consolidation phase. If we take a closer look at it, this is not even an uptrend; it's more like a sideways bearish flag consolidation. A trendline from 2015 on the ETHBTC chart is breaking down, which is a significant bearish technical...
We have a head and shoulders (reversal pattern) and ascending parallel channel on the daily chart. Both of these patterns are bearish because there is a higher probability of a breakdown. There is a lot of empty space at the bottom of the parallel channel, and I feel like we need to go down to fill up the price action. It can be a great idea to long bitcoin at...
If you are going to long FX:EURUSD , let it take the equal low below the price which also means it'll tap the demand zone for a propulsion to the upside. Whatever is going on on price now is a bait to induce early bulls into buying. A word is enough.
Spot Buy Range : 0.25-0.26 Sell : 0.32+ Stoploss: Close trade if any 4hrs candle closed below the Red Trendline. Inverse Head & Shoulder retest is coming, after retest it will pump to the 0.32
If you are still in the thoughts of correlation currency, you can see that the NZDUSD and NZDJPY are moving in the exact opposite direction. Trendline Traders(right), you can see that the candlestick stood still and fail to break and close out of the structure. You might not be comfortable engaging directly on the 4-hourly chart(right) setup and this is when you...
The DXY index is currently sitting on the major support, and at this point, I think it's a good idea to speculate on a bounce from the support. As you can see, we have just retested the trendline on the monthly chart and retested wave (3) + wave 1. From the Elliott Wave perspective, we are missing a final impulse wave upwards to complete this bullish cycle on...
we saw a significant breach through a really strong trendline since yesterday and #XLM can, in optimistic scenario, indicate such bull run in the near future
Ethereum shows a lot of weakness on the major timeframe. You can see that the downtrend was pretty steep, and now we are in a bullish correction / consolidation. The chart is printing a big bearish flag or ascending parallel channel, and I think we should test the upper trendline first before continuing lower below 900 USDT. The bear flag is a little bit...
USDCHF refers to the exchange rate between the US dollar (USD) and the Swiss franc (CHF). If the USDCHF pair is making a bullish trend, it means that the value of the US dollar is increasing relative to the Swiss franc. This could be due to various factors, such as stronger economic data from the US, higher demand for the US dollar, or weaker economic data from...
Hello dear traders: future positio BNB looks bullish A super great support levels in 255/265 dollar in BNB, which make the market uptrend again, as you, can see in this chart after falling from 333 to 264 the supporting area 255/265 hold the price and bulls win this rally again and didn’t allows to fall more Now the bulls have taken action again with fully...
BINANCE:SUSHIUSDT Sushi Usdt Bullish Trend I Hr TF Break Higher Low or also break the Trend Line.
Great to be back, friends. Longish. SPY SP:SPX CME_MINI:ES1!
It has been one of the best 2 months in crypto history, with tremendous gains on altcoins. Euphoria is at a very high level, but it's going to be even higher because ETH is forming this incredibly bullish pattern! My main focus is and always will be on altcoins, and I am monitoring all futures + spot pairs on major exchanges. I prefer to trade on leverage, so...
Bitcoin looks extremely strong these days; there is probably nothing that can stop the rise at this moment. This is an analysis on the 1h chart that could give you 2 potential trades. On the first trade, you want to buy/long the ascending triangle's support. If this trade fails for some reason, there is another trade that you could take. It's at the start of...
as the price breaks the series of lower lows and made a higher high & higher low. it seems the start or bullish trend.
This is a strategic plan on how to play the upcoming price action on Bitcoin in the next few weeks. As a trader, you have to see it! As we can see, Bitcoin pumped with a strong impulse in previous days, and the 30k level currently acts like a magnet because there is no resistance on the way up other than this. You probably want to trade with the trend, so I...
We are currently in the new bullish cycle on Bitcoin, based on physics, statistics, mathematics, and logic. But the market can sometimes be unpredictable and go to zero. In this case, we are all doomed. This is the LOG scale on the weekly / 2W chart. That basically means we can't go up at the same rate and angle because bitcoin would cost more than $10 billion...
Timeframe: 15 Minutes Long Day Trading Position Take Profit 159.355 SL: 158.805 (Breaking the trend) The GBPJPY pair has been showing signs of bullish divergence on the 15 minutes and 30 minutes chart , with ADX and DI indicator and trend continuing potential. The trend up has started two days ago, and it has just bounced back after hitting the support line (the...