Hello Traders, here is the full analysis for Bitcoin in a daily time frame, Let me know in the comment section below if you have any questions. I suggest you keep this analysis on your watch list and see what will happen and will my tragedy prove!!!
Today I want to talk about BTCUSD
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Before that, I want to remember...
Analysis:
We took a trade on this pair the other day but we ended up getting stopped out due to the bearish news that came out for the USD however we're going to take another shot at NZDUSD. We are still bearish on this pair because we're still in a downwards trend. We haven't formed a higher high yet which confirms that we're still in a downwards trend. Price...
Analysis:
To start off with this isn't our favourite setup. We don't have any added confluences which whilst aren't required for a trade to be valid in our opinion, they are still a nice thing to see and they provide more confidence. With that being said just because we don't have the these added confluences this setup is still valid and there are a few reasons...
27,8k was rejected and 27,5k was a strong resistance.
Looks like we going down to 24k... 20k.
An idea about incoming panic phase.
Wouldn't be surprised if we hit 10-12k to be honest.
Don't underestimate the drop power of this market.
Good luck.
Analysis:
We were looking at this pair not that long ago for long setups, however we didn't get this in the end and price actually broke below our level that we were interested in. Looking at current price action we've now got a bearish outlook on this pair for multiple reasons. As we saw price break our level we are not longer in an upwards trend, meaning that...
Good morning fellas,
This is a continuation based on my last post made on the 6M chart.
This shows the weekly and how we're currently being rejected from the neckline.
Stay thirsty.
The overall stock market is expected to drop in the near future. This will either happen Tuesday or Wednesday. The S&P 500 has some historical trends based on the indicators and trends in the indicators. With help from the Elliot Wave analysis we can see that wave 3 has nearly fully formed. But lets look at the indicators and historical trends. If you look at line...
We're at the start of resistance with reducing upthrusts in price action. Expect if we can even make it to new highs it will be rejected violently, ultimately sending it below 26.2k.
The CHFJPY pair has undergone a remarkable decline, plummeting from its recent March high of 147.55 within a span of fewer than 8 hours, and shattering both the M15 and H1 supports.
Based on MY analysis, I anticipate further downward momentum, with a projected decline to the 142.331 region. This outlook is reinforced by the breach of the H4 uptrend channel to...
A couple of roadmaps from the past few months copied and pasted over the current market. Both are in alignment with one another, indicating BTCUSD to potentially have a significant drop of 10% to 20% on Monday 30th Jan or Tuesday 31 Jan.
There are further roadmaps aligning on smaller time frames also indicating a potential high Monday/Tuesday.
Let's see how we go.
