In my idea BTC should have a compression and then retrace to BO level.
Hello guys. How are you doing? I hope you feel great and always be happy and successful. today, I want to talk about Bitcoin. It's an update and the expectation about the movement in Bitcoin. So, as I always said it's not financial advice. please just read and do based on your strategy. So, Let's go into details. ➖➖➖➖➖➖➖➖➖➖➖ I drew this Fibonacci channel a...
XRP coin is next on our watchlist, with good potential for some downward movement here! We see that after some bullish movement, the price of XRP has formed a so-called triangle pattern, which is currently pressing to the lower side of it, acting as a local support! What we are looking here is a potential breakdown that would lead to a price move towards our next...
Sure, there is upside to 1780 and it could keep climbing, but I think we're going to see it drop before that occurs. There is a support trend heading in the bearish direction Then you have two really weak resistance lines developing on short term charts. Which makes me think it's about to see a drop off of those and then head to the bearish support trend. ...
Sharing my chart for SPY for this week. This is nothing more than a preliminary trading plan that prepares me for movement in both directions. TBH, I'm not totally sure how it plays out yet, it's one of those moments where you have to keep reanalyzing in real time to adjust prices and trends. I can say with some certainty that there is a pretty good price drop...
The starter of the day is ETH. Despite recent bullish efforts, the price has failed to secure a convincing breakout above the local resistance, indicating potential exhaustion among buyers and a potential overtake by sellers. The price action remains under the influence of a bearish technical structure, as indicated by its proximity to the upper boundary of the...
Hey Traders. The MANA coin has caught our attention here today, with some good potential for downward movement to happen soon. After multiple pushes from the local trend, prices have formed "higher highs," where each high price liked to re-test that same trend. We are here again, seeing a weakness kick in on the MANA coin, where the price is moving towards the...
Hey Traders 👋 SOL has recently experienced a significant rise, reaching the $44.12 region. However, several indicators suggest potential volatility ahead: Overbought Indications: The RSI is currently in an overbought zone. Historically, SOL has shown a tendency to correct after entering this region, as evidenced by its previous price action and same goes for...
Hey Traders Examining the DOTUSDT 4-hour chart, it's evident that there are significant points of interest. The price is currently in a key zone, where a potential turnover could occur. Several bearish signs are highlighted: - The BB has moved outside its usual tunnel, indicating high volatility. - The BB%b marker has entered the 'Overbought' zone, suggesting...
It show me that all is possible. So why not a another same drop now during the next week ?
We have inverse symmetrical. Nice figure. We will see if the btc drop in the next days or not ? Will look up that.
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 ******************************************** Before that, I want to remember...
Watch out. Bitcoin is to drop next month. It can quickly go to 18-21'000.
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...
Howdy friends, Brought it down to the daily showing it a little bit more detailed. Explanation on the chart. Stay thirsty my friends.