Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC update. BTC is trading inside descending channel in a 10hr time frame. In this channel, we see that BTC is forming Higher lows and lower lows. So from here, we might test a new LL which is around $35k. After hitting that new LL we might see a relief rally...
the price bounced on the 33k area on the monthly support and got the liquidity until the 0.382 Fibonacci level as new resistance. On the weekly timeframe, the price is testing the dynamic support. On the daily timeframe, the price had a breakout from the dynamic support and now the price is testing the previous support as new resistance. On the 4h timeframe...
The price has formed a falling wedge, in addition to the higher lows. We are expecting the price to break into the upside. We are looking for a retracement of 50% fib zone of the Fibonacci extension. Target: 0.758 Entry: 0.735 S&L: 0.728
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC/USDT update. In my previous BTC update, I told you that if BTC does not hold 100D MA ($42k) then be ready for $38k-$39k so everything goes as planned so far. So what I'm expecting now? As you see in the chart, BTC is trading inside a rising channel and...
Bitcoin close above the 40k on the weekly perspective, it's a good sign. On the 4h time frame, the price failed to create a new Higher High of 43k. We could see a bullish scenario if the price is going to create a new higher high with volume and confirmations as I told you in the previous analysis. on 43k we can see the supply zone. Otherwise, if the price is...
5 consecutive higher highs as BTC has broken out of a slightly ascending wedge pattern. There is hidden bullish divergence (MACD and RSI) now developing between the last two lows. This is all looking pretty bullish for BTC in the near term.
the price had a nice reaction yesterday due to the FOMC and now the market is testing the weekly resistance as new support 40660 it's an important level for Bitcoin. On the Daily timeframe, the price is trying to create a new Higher High above the 4h resistance (42k) On the lower timeframe (4h) the price is trying to have a new breakout from the pennant. How to...
The price created a dynamic resistance on the daily timeframe and after a retest of the monthly support, the price had a breakout from the static daily resistance. On the 4h Timeframe, the price is testing the 4h resistance on 0.75$ and got the first rejection. We could see a retest of the support on the 0.72$ how to approach? If the price is going to confirm...
When looking at the chart above you can see Bitcoin has now broken through the previous support and turned it into resistance, shown as the yellow line. The RSI has made a lower high which shows bearish divergence. We can expect another 10% - 14% drop for an attempt at a higher low. If we manage to create a higher low. Let's watch these zones and remember 32.9k is...
Watch for a price action signal near 1.71637. Three positive slope trend lines connecting higher lows.
BINANCE:LINKUSDT Hello Traders, Atom is trading in ascending channel making higher highs and higher lows. Atom formed triple bottom during may-august and price increased 150% after breaking out of 16-17 support zone. Atom has been trading between 18-44 starting from September and forming a potential triple top or triple bottom which are reversal patterns. There...
USDSEK Paraller Channel; Higher Highs Higher Lows; Up Trend
USDCAD is still bullish. Why? Because the currency pair is still creating higher highs and HIGHER LOWS.
The first entry has faced some resistance but it looks like it's providing a second entry and still making higher low and potentially triple bottoming with RSI divergence at every turn this will be the final stand for the bullish entry.
The price and the RSI are attempting higher lows above the PCZ of a Bullish Shark and the 4 Hour is Bullishly Engulfing if price may attempt a breakout of the trendline after the closing of this Engulfing Candle and the RSI will attempt a rally above the 50 line. My targets here will be the .786 and .886
At the circled area, price is currently trading at SUPPORT AREA, looking back we have been able to identify several retest/break-out. Things to Expect: Bullish; If price can buy above 0.73161 then we are seeing a buying opportunity. Bearish; If price breaks below SUPPORT AREA, to trade below 0.72825 then we have a Sell to the next SUPPORT AREA.
It appears ETC has broken the falling wedging confirm another higher lows.
NYSE:MAC looking good with a bullish engulfing bar today with MACD confirmation and a chart that is making higher lows.