The instrument is in the ascending channel . The trend is growing. A triangle-like pattern is forming between strong resistance 1.4226 and the support of the ascending channel . We have a clear resistance at 1.4226 and ascending local minimums. I expect the currency pair to update the nearest tops and, after the breakdown of the level 1.4226, the...
I did't expect BTC at 20k$, But, yes, we can reach this lvl.
We're in Bull, not Bear Market, and I Think BTC start his growth at the begining of Summer 2021, after small consolidation.
What's your Price prediction and View into this?
Nice setup for Swing Trade
✳️ Entry Around 303-308
🚨 Stop Loss 288 DCB
🚀 Target 342, 370, 420++
Duration 1-2 quarter
This is our personal view and this analysis is only for educational purposes.
Please consult your advisor before investing or trading.
You are solely responsible for any decisions you take on basis of our research
*NFTs & Collectibles
Max supply 8.9 Bn
circulating 5.5 Bn (62% of 100%)
Goal : exit from the accum. zone and set a new ATH ( 125% + Growth )
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Profits to everyone!
Welcome to a new market update.
BTC made a huge dip after the tweet of Elon Musk.
I personally don't care that Tesla doesn't accept Bitcoin anymore.
Elon says nonsense and manipulates everybody.
Elon says nonsense but we must be thankful. You need to buy dips like this. The altcoin prices were big blessings.
After the dip I noticed something nicely....
The price reversed at the resistance 1.217. The fall has begun.
I expect the fall to continue as this resistance line has existed since February 2020. Also last week the price was already starting to fall.
But then it consolidated towards the line (good fixation before the fall). Also, this fall will be a continuation of the undulating movement that I...
XAUUSD 10 05 2021
The price has broken through the strength of the support zone 1800.29. In this zone, three strong lines intersect at once: June 2019, June 2016 and December 2015. A breakdown of such a strong zone is a good sign for growth. And I am updating my forecast. Now I expect that the price will first roll back and consolidate in the zone at 1802. 40 ,...
EURUSD 10 05 2021
At the end of last week, the price came to the resistance zone 1.217. In this zone, the strong resistance line of February 2020 and the resistance line of July 2020 intersect. The price has touched this resistance zone twice and now I am expecting the start of the fall. My goal is thus 1.188 support line.
GBPUSD 10 05 2021
At the beginning of this week, the price broke through the October 2019 support line at 1.399 and continued to grow out of trend. She has already made a small rollback - a correction to growth, but I expect that this rollback will not be the only one. I expect that the price will continue to rise and, taking into account the corrections, will...
AUDCHF 10 05 2021
At the end of April, the price broke through the resistance line 0.708 and thus left the ascending channel in which it had been moving since October 2020. After the channel breakdown, the price fixed on the July 2020 support line at 0.706. Now I expect it to touch the February 2021 resistance line at 0.710. And then it breaks the support and...
EURJPY 04 05 2021
In April, the price rose from the 1.168 support (the main turn line in March 2020) to the resistance of 1.215 The price reversed and started to fall. I expect the fall to continue.
The main reasons for this are:
- breakdown of the support at 1.197 (slowdown in price).
- strong resistance line of February 2020.
The target is 1.186.
EURJPY 03 05 2021
1 - false breakout of the resistance at 131.45 (the price has already returned to the line).
2 - strong resistance in July 2019 (border of an uptrend) without any breakout.
3 - the end of the growth, which has been from the beginning of January from the lower support of the channel 125.64.
Target - 127.98
EURUSD 03 05 2021
1 - is a strong resistance line for February 2020.
2 - a recurring pattern of the collapse-correction-collapse movement, which was already repeated in January, February and March 2021.
3 - the need to correct growth in a growing trend.
The target is 1.180.
XAUUSD 30 04 2021
After the price bounced off the support level 1675.91 for the second time at the end of March, it continues to rise. At the same time, growth is accompanied by a large number of pullbacks and corrections. Nevertheless, the price has already managed to break through the support lines of 1737.06 and the level of 1763.79. Now it is in the...
GBPUSD 28 04 2021
Last week the price touched the resistance level at 1.400. Then it collapsed and struck:
- resistance 1.394.
- support 1.387.
After the second breakout, the price dropped to support 1.382 (February 2020). Bounced off the line and returned to support 1.388. From this position, I expect the price to rise to resistance.
The target is 1.395.