The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero line.
The oscillator Force Index is above the zero line.
If the level of resistance is broken, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 195.00
• Take Profit Level: 200.00 (500 pips)
If the price...
nice basic rejection off the of daily support , very nice extreme bullish reaction as represented by the wick. there is good buying power around the support. the dollar index is coming off of a monthly resistance , hence supporting the bullish vision i see for this pair in the short term.
please also check out my telegram channel: t.me
With the bearish flag forming and holding as a strong support, bouncing many times. I personally believe that a strong downward movement is imminent as it cannot continue to hold. Each time it attempts to uptrend the 55 ema (yellow line) acts as a strong resistance. The RSI is forming a symmetrical triangle which is also a sign a large movement in price could...
A bearish flag has formed and held as a hard support, however, I believe eventually it will break and reach the targets I've set. Using Fibonacci to calculate the targets.
I'm using GBP as it's my currency but the targets can just be converted :)
PEACE, LOVE & CRYPTO
NANO seems to be forming an ascending triangle as part of a reversal pattern from the recent downtrend. There's been a visible decrease in selling volume the past few days and a sudden recent increase in buy volume (continuously increasing on the 4h time frame) that may be indicative of a trend reversal on its way). It's safe to say that a buy at the touch of the...
Bitcoin appears to be forming a Head and Shoulders pattern on the 4h TF. If the Right Shoulder does manage to finish forming then a break below the neckline would trigger a sell off down to the 8k level.
Short biased for now.
USD V Bitcoin Old Money v New: FIAT v LAMBO Speed of Change
This is a fractal of a crypto move that we see almost every
day in cryto-land. They see it in olde worlde FIAT time every
few...years ! Seriously. But it's exactly the same kind of thing
we see every day in the growing universe of 12 or so top coins
that many of us trade daily.
This is a good...
although i have plotted a take prof you will need to monetize this as this currency is in a bull market and has been and i dont think it will change soon.
be sensible on how long you hold this trade for.
The bias of the bearish momentum is now back in motion. I have plotted all you need to know on the chart. head and shoulders. broken through a previous support region.
I recommend you [b]hawk the 4 hour chart and wait for a strong reversal candle once the price action reaches the baby blue ray i have plotted as that is what i will be doing.
Don't let greed...