Bitcoin is currently trading at $63,600. The trend on the daily chart appears Bearish, indicating a downward movement. Sellers are gaining strength, and the chart is forming higher lows and lower highs, suggesting continued downward pressure. My initial target for selling in this scenario is $59,000.
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USDJPY has rebounded from its 0.786 retracement at 151.75. The strength indicator RSI is still showing positive sentiment with no divergence. That is a strong suggesting USDJPY is to rebound higher. An RSI close back above 60 threshold will confirm the bullish rebound picture. A bullish move over the next couple of weeks to the 0.618 retracement at 157.05 is in...
The price has stabilized above the 18050 resistance by the 4H candle, which has completely changed our direction up. We typically have a rise to the 18245 level. but after the end of the retest. Any stability above the 18245 level confirms the upward transaction toward the previous highland. We will have a decline to 17790 if the price stabilizes below the 17895...
This is the final warning and a friendly reminder; what we are about to witness is a "capitulation drop!" This event is not your common drop or "normal correction," instead, it is a major event that only happens once every several years and you have front row sits for it. ➖ If we calculate the average price for Bitcoin's trading range in the past month and a...
One of my charts I built for myself. The idea for these charts is to see how they unfold and build trust. I will say that the lines you see are intentional and built from some pretty solid data I use. The price may respect the curves as time pushes it through each ring. Also there is much more that can be added by using tangents and intersections. You can imagine...
Hello Trading view Family / Fellow Traders. I hope you have used and benifited from the previous analysis . In today trading session we are monitoring SUIUSDT for a buying opportunity, SUIUSDT UPDATE Descending triangle formation in 6H timeframe ✴️ Successful Breakout may lead 50-55% increase in price💸✅
USDCHF key support at 0.90! A break below is likely to fuel a sell-off down to the 0.382 retracement of the uptrend since its December low i.e., down to 0.8883. Around that level both the 200 and 100 daily Moving Average are coming up adding to the support. RSI has been illustrating divergence for a few weeks by now indicating uptrend exhaustion However, if...
Dear Respected Traders, we hope this communication finds you well. we are convening a discussion focused on #RSRUSDT THE Breakout Has Already Done Now Its Retesting ✅ So,I Expect a Bullish Move of 50% in Coming Days 🚀 #Bitcoin #Crypto #Ethereum #Cryptocurrency #CryptoTrading #BTCUSDT #ETHUSDT #ALTCONS #USDT CRYPTOCAP:BTC CRYPTOCAP:ETH CRYPTOCAP:USDT
Hello traders, I want share with you my opinion about Binance Coin. By observing the chart, we can see that the price some time ago started to decline inside the downward channel, where it reached the resistance line at once, and then rebounded down to the support line of the downward channel. Later, the price bounced up from this line and rose to the seller zone,...
GBPUSD spiked to the 0.786 retracement at 1.2622 only to collapse back below the 0.618 retracement. RSI failing to close above 60 threshold thus still showing negative sentiment, and with no divergence indicating GBPUSD is likely to resume downtrend and push lower in coming weeks. A break below 1.2465 will confirm the bearish trend has resumed with downside...
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
EURUSD spiked late last week above the 55 and 200 daily Moving Averages and close to the 0.786 retracement at 1.0824 before retracing back below the 0.618 retracement at 1.0776. In three tries, EURUSD failed to close above the 0.618 retracement and RSI failed to close back above 60 thresholds. All Moving Averages are declining, putting a drag on EURUSD. The cross...
The second largest meme- cryptocurrency, Shiba Inu (SHIB) price was in an uptrend and depicted a bullish flag pattern on the charts.
Dear Respected Traders, we hope this communication finds you well. we are convening a discussion focused on #BNBUSDT On The 10H Time Frame📊: The Bullish Pennant Pattern is Formed , Now it's Ready to Break the Pattern In Case of Successful Breakout, Expecting a Bullish Move of 40-50% 🚀 #Bitcoin #Crypto #Ethereum #Cryptocurrency #CryptoTrading #BTCUSDT #ETHUSDT...
Going over the Overnight Price action review looking for clues and the plan for today.
Hello Traders ! On Tuesday 30 April, The EURCHF Reached The Resistance Level (0.98115 - 0.98420). The Price Formed a Rising Wedge Pattern. Currently, The Higher Low is Broken ! So, I Predict a Bearish Move 📉. ------------ TARGET: 0.97030🎯