On the 4 hours previously we broke above descending triangle nicely. circled white!
Right now we have a strong resistance and I believe we might be able to break through long soon.
Comment your ideas too and share your thought guys! like for more!
BNBUSDT I think is making Ascending triangle Pattern - is not fully formed yet.
Just watch out I think it will continue to claim up to resistance and we can easily take advantage of either way breakout :)
Be smart and just wait guys!
I think Binaince BNB coin can break below the 205 to even 164 before a new breakout.
Will have to watch if it breaks below the 205 first and see what Bitcoin does for now. Also remember the ending month retracement or the new monthly wick formation can break below the 164 support line. Everything is iffy till next week 1st March :) For more analysis pls like & follow
If you look at the trend of RSI you can as we break the downtrend in interest, we have massive up move then we come back and test the the line.
I copied the pattern of 2 previous upward movement and both showing in short term we have a massive increase by coming back to the same price
The SP500 is dropping as predicted in my last analysis. We may get a bounce here which would offer up another entry down to the 380's.
This movement down to the 3800 should happen this week but at the latest by next week. If price does bounce from here I will enter a short position with expiration this friday and next friday (options).
We've seen continued JPY weakness in the markets and a USD resurgence of late taking this pair higher and breaking through a key level in previous structure to the upside.
Currently price is following our forecast. Will we see a retracement to retest our level - or will price continue to head higher as the bullish cycle continues on the 4HR?
Based on technical analysis , Bitcoin shows a potential to go long with a target of 55k USD, before consolidation.
The rising wedge has a potential for shorting, here are targets.
See the link for the related target to 103k.
We've seen price rally from our Daily Key level. We consistently predict these turning points in the market.
Will we see a test of our bottom consolidation zone for further downside movement next week?
Yet again we're predicting market moves before they happen.
Check the idea we posted on January 26th (Linked).
Price broke out to the downside, pulled back to test the bottom of our range and is now continuing its descent in line with our forecast.
Message me for more information! And please ask me any questions you have.
Check out our previous idea on GBP/AUD linked! Two weeks ago we predicted this move. Patience is key in trading.
We predicted a move up to this level at the top of previous structure and price has now finally hit this level.
We predict market moves before they happen - DM me to find out more and how we manage to do this!
Happy Trading all!