Today, ETH is in a local sideways trend, one of the scenarios is that we are now in the center of the sideways trend, which is a signal to break through the upper border, and beyond it the resistance level, with a successful consolidation, further entry into the long can be considered, the second of the scenarios is unlikely - this is further movement in the...
BINANCE:BTCUSDT
Strongly waiting for a retrace on BTCUSDT, relying on the below information:
# Negative Divergency clearly happens on both MACD and RSI
# a Doji candle is forming on the Daily basis chart
# Wedge pattern is forming
# BTC dominance is decreasing!!!
After quickly analyzing Fibonacci, Fish-quantum-pattern, Phoenix-qantum-pattern, Harmonic-patterns Frequency waves, Elliot waves, Gann-box Divergences, Gravity-price ... etc!
I've found this 'qantum-gravity-price-zone', and ... just don't let it go. Let's wait for #Bloodhound'sEffect! And #BePatient!
"For me, analyzing markets is an art, I just draw...
UC has given us accurate setups throughout the month.
This time the pair has broken 2 bullish trend lines. The recent bullish channel (4h chart) was broken and the pair retested its trend line it at the 61.8 fib level.
The most recent drop in the pair resulted in a breakout of a major trend line if we zoom out to the daily chart.
The price is currently being...
AUDCAD bounced on a monthly support giving us a nice divergency on the daily RSI. The pair is currently consolidating but I'm expecting a breakout upwards due the bullish push prior to the consolidation. Targeting the 61.8 Fib level.
The pair can't break one of the lowest S/R levels (Grey area), giving us a nice divergency in the RSI.
That pullback after the harmonic pattern and the strong rejections (see the daily candlestick wicks), suggests me the pair will climb to 61.8 fib, where the weekly trendline is located.
Australian Dollar bullish overall.
RSI divergency has been spotted on the 4h chart, which adds to the bounce on the 50 Fibonacci level (also support area).
Stochastics are also indicating that a new bullish movement is coming.
I'm expecting the pair to shoot up towards the new 61.8 fib level which is also another S/R area.
