We are following the fastest flow-line (called Max flow-lines on the chart). If we cross the B1-$45855 point before the evening of March 4, we will maintain the maximum upward momentum that could bring prices to around $58,000 before March 15. There are still steps to take to validate this scenario! For the moment let's see how prices will oscillate or...
Another drop for chainlink in the next day or so. Take your profits and buy something nice for Christmas. Looks like it will hit at the $15 range or if the support hold we can be testing $20-$25. Just a guess as I'm not a Psychic. Just a study of patterns, I'm no Stock guru by any means. Good luck either way.
By means of week timeframe. I used SMA 200d for forecasting submain trend path.
If you look at the chart, we are in a 7-year long-term trend starting with $ 200. I believe bitcoin is completing a gold ratio with a target of between $ 230,000 and $ 260,000. This growth will start after breaking the triangle. After reaching the target, the bear market will start for two years.
just a short term forecast, for the first time ...
Btc needs to gather more liquidity to pass 70000 . so either you start buying here and have no problem for more buying steps when it goes for more correction or wait for 70k breakout .
DISCLAIMER ON, this is my personal trading plan , eurnzd potentially forming drop base drop, so my trading strategy is SELL STOP:1.61188 SL MAX:1.62278 TP:1.58330
DISCLAIMER ON, this is my personal trading plan, audjpy break from falling wedge pattern, trading strategy buy stop : 84.200 - SL: 83.745 - TP 84.970
DISCLAIMER ON, this is my personal trading plan , gbpjpy still in the bullish trend, and potentially end of secondary reaction, buy area XAB fibonacci int 50 and 61.8, XAY fibonacci ext 161.8 forming AB=CD
DISCLAIMER ON, this is my personal trading plan, chfjpy still in the bullish trend, waiting for the price action showing us rejection or impulsive bullish candle, trading set up : buy stop :124.810 - SL max:123.883 - TP 126.050
DISCLAIMER ON, this is my personal trading plan, AUDJPY timeframe H1 forming continuation "falling wedge pattern" and price breakout from the line, SL max 84.540 - TP 87.080
DISCLAIMER ON, this is my personal perspective and analysis, audjpy potentially forming bullish Pennant (4 swings) or symmetrical triangle (more then 4 swings) we waiting for the price action ( candle rejection or impulsive bullish candle ) from the square area or waiting for breakup pattern. target price 87.080
Disclaimer on, this is my personal trading plan and analysis, based on dow theory gbpusd potentially forming sideways transition to bullish , we waiting for confirmation (valid swing low, candle bullish engulfing or rejection candle) TP 1.39515 - SL max 1.36800
DISCLAIMER ON, This is my personal trading plan, xauusd still in the bullish channel SL MAX 1777 - TP area 1820
DISCLAIMER ON, This is my personal trading plan , USDJPY forming DBW (descending broadening wedge) pattern SL max 113.160 - TP 115.455
GOLD time to breakout from the base?? this is my personal perspective and my personal trading plan, Gold will going up to meet cluster area fibonacci and classic resistance
This is my personal perspective and personal trading plan, EURNZD entering end of phase B, and breakout from the base, EURNZD potentially drop till classic support (TAGET PRICE 152.395) ------- SL MAX (169.235)
This is my personal perspective about CHFJPY using WYCKOFF accumulation method, CHFJPY potentially entering end of phase D accumulation, last important support was 116.900 (SL max)