H1 : The ongoing downtrend I mentioned yesterday morning is still intact. In addition, for the time being, the clouds, once again, did "the job" ! After having attempt several times to get out of the downtrend channel base, the BTCUSD, a couple of hours ago recovered, from its low reached of 46'789 (so far !) towards the H1 clouds resistance,currently between...
Things are beginning to heat up. The Stock Market Caught with pants down....How sad.. This is the current sentiment at this particular time/space. Looking forward to future highs LFG
Trading Signal: There is a Trading Signal to Buy in OXENUSDT Traders can open their Buy Trades NOW Rank : ⭐️⭐️ ⬆️Buy now or Buy on 0.5375 ⭕️SL : Close below 0.4875 🔵TP1 @ 0.6395 🔵TP2 @ 0.7465 🔵TP3 @ 0.8825 If you liked our ideas, please support us with your likes 👍 and comments
This is the current sentiment at this juncture in time/space. looking forward to to recent highs
Quick update on the intraday one hour chart which is showing an ongoing downtrend channel ! Currently below the clouds (which are roughly around the 50'000 psychological level, below Kijun-Sen, still slightly below Mid Bollinger Band and slightly above Tenkan-Sen. Selling pressure remains heavy and in order to neutralise it (in this short term 1 hour time...
DAILY : For the third consecutive day, the BTCUSD closed, on a daily basis below the Tenkan-Sen (TS) or Conversion line ; such kind of price action should be seen as a additional warning signal of a ongoing bearish trend. More over the last two trading days, triggered a "DOJI" pattern which is also a sign of uncertainty and indecision ! The first support...
maybe possible shorts around 4470-4475 area, Ethereum looking solid, nice technicals. Let’s see what happens
DAILY : As mentioned in my previous analysis written 2 days ago, the expected recovery took place on a CORRECTIVE TACTICAL MOVE ONLY... and not as a strategic trend reversal yet !!! Indeed, so far the Tenkan-Sen, currently @ 50'608, worked well in rejecting its upside breakout and yesterday's price action, after having roughly reached an intraday of roughly...
WEEKLY : Fifth consecutive black candle...The 61.8% Fib ret @ 0.00003702 has already been filled with an intraweek low @ 0.00002915 reached last week. Global picture does not smell good !!! Indeed on this time frame the pressure remains to the downside ! DAILY : In an ongoing downtrend move; below the clouds, the Kijun-Sen, the Mid Bollinger Band and the...
WEEKLY : Still in its ongoing uptrend channel, last weekly closing above the Tenkan-Sen. Ongoing weekly candle is going down... Watch Mid Bollinger Band and bottom line of the uptrend channel as the first significant support level as a weekly closing below 3'700 would open the door for lower levels towards the Kijun-Sen, currently @ 3'285 DAILY : Currently...
WEEKLY : Following its weekly closing @ 49'463, below the former uptrend support line, the BTCUSD began the week in the red again. DAILY : Indeed, last daily closing triggered a "DOJI" pattern which confirm growing uncertainty about further development and which looks like an increase of the selling pressure. RSI @ 31.38 H4 : Looking now at the 4 hours...
CAUTION IS IN ORDER IN ALL ASSET CLASSES! Markets have to be ready to go down and they certainly appear ready.
H4 : As expected and mentioned in my previous analysis,(see related ideas the corrective recovery move went up so far towards a high of 49'762, nearly filling the 50% Fibonacci retracement (49'882) of the last downside move from 57673 towards 42'074. In addition as already said the psychological level of 50'000 has not been broken either and recent and current...
Hello friends, today I am completing a technical analysis on the 4H linear scale chart for Fantom ( FTMUSD ), an altcoin cryptocurrency. Please review the chart and analysis below carefully as there are many trendlines and indicators noted. #CryptoPickk notes the following: 1) Fantom price has had a major run in 2021 with the price reaching an all time high in...
Good morning to all of you. I hope you are well today ? My double top technical target, already mentioned a couple days ago, with a technical target @ 46'000 has easily been filled with an intraday low reached early this morning @ 42'074. So what next ? This sharp downside move has, and it is obvious, triggered a TACTICAL REVERSAL ONLY !!! Indeed, no...
DAILY : Currently in a broad bear trend channel, roughly in the middle of the clouds and trying to hold above on a daily basis above the Tenkan-Sen or Conversion line @ 56'463. BTCUSD remains under selling pressure and for the time being we saw, over the last couple of sessions, successive failures to recover, firstly above the Mid Bollinger Band, which, as...
Top of the Mornin' ! I was going through all ALTs, checking their potential top levels. Needed to check if that amount of money to match required marketcaps is possible - and it is ! If it respects the trendlines created so far. Potential EOY TotalMarketCap could be of $5T, - this sounds crazy to me as we have 1 month left - but that is what the chart...
Top of the Mornin' ! ETH has shown so much potential for this bull run so I took a closer look to it. It looks like ETH has entered a pattern aswell as BTC - but on his own rules. My conclusions: - ETH has 2 Supports and 2 resistances. The extreme ones are untouched each time - so they clamp the price within its range. - The second support is used by the price...