BIG ALLERT FOR BULL!!!
BTC FALLING CHANNEL 1 Hour Time Frame
BTC is in bad shape, forming a descending channel. Fibonacci 0.66 acts like resistance in this channel. If it continues to decline, the major channel will determine whether the bulls will continue or the market will be bearish.
Hi guys.
Picture says it all.
We've seen a bit higher piush on BTC as described in previous idea:
Tripple bearish STOCH RSI ON DAILY.
Oversold.
Grew 62% with no serious correction untill pierce yesterday.
Technical side does apply for correction.
Might make lower high in 9770 range and droop further. (safest is to stay USD).
Now should make new low...
I am not an expert but here is my thoughts. EURUSD is in the falling channel on H4 and D charts. We see that price bounced from the bottom of the falling channel on D chart. Now its above the key level of 1.09260, needs the retest that point and should be going towards top of the channel for testing.
Entry : 1.09260
Target : 1.100
Stop-Loss : 1.088
(NOT A...
Hello guys, what i see for GBPAUD chart it's ready to falling.. So i vote for SHORT 500-600pips ready to WIN. Keep CALM be positional trader for longterm investment.
USDJPY has been retracing downwards since the appreciation which begun from mid-March halted about a month ago.
As analyzed on 10th August, the price rebounded strongly as it retraced into the buy zone and supported by a weekly falling trendline.
And after the rebound, USDJPY has broken above a double falling trendlines, and that's quite a confirmation for the...
