✅GBP_AUD is going down to retest a horizontal support Which makes me locally bullish biased And I think that we will see a rebound And a move up from the level Towards the target above LONG🚀 ✅Like and subscribe to never miss a new idea!✅
The price is testing the 2800$ resistance on the 0.618 Fibonacci level after a nice breakout from the 2770$ daily resistance. the market is testing the previous resistance as new support. How to approach? the price needs to grab liquidity for a new breakout from the 4h resistance on 2800$. If the price is going to have a breakout, we can apply our rules for a...
The price wants to retest the monthly resistance on 0.85$ after the retests on o.07 Daily support. on 4h Timeframe the price had a breakout from the daily dynamic resistance and now is testing the supply zone on 0.83 How to approach? The price needs to have a new breakout with Volume and confirmations from the Monthly resistance, After that, According to...
TL;DR Breakdown Litecoin price analysis shows litecoin is struggling to maintain price levels. Support for LTC is present at $107. Resistance for LTC is present at $112. The Litecoin price analysis for today is bearish. The LTC/USD rallied high yesterday when the price surged from $106 to $111.3 in a swift move, gaining significant value. Today LTC is correcting...
Have you ever noticed this major channel? ~59k zone will be the top for BTC in this situation. good luck
Major resistances now are: A. Red trendline resistance B. Black trendline resistance C. 46000$ daily resistance Major supports now are: A. 37000$ B. Blue trendline support zone C. 29000$ Notice: If any of these resistances or supports break it means the market is getting ready for a new pump or dump. For example if support B break market is getting bearish...
The price tested the weekly support on the 0.33$ after a rejection from the daily resistance of 0.48$. On the lower timeframe, the price is testing the 4h resistance at 0.38$ . How to approach? The price is in the consolidation phase below the resistance and dynamic daily resistance. We are waiting for the breakout of it and retest as new support. Of course a...
The price is creating a descending channel on the daily timeframe and after a retest of the demand zone, the price bounced to 100$. On the lower timeframe, we can see a breakout from the 4h and 1d channel and the price is testing an important resistance on 103$ on the 0.618 Fibonacci level. How to approach? We are monitoring the price we want to see a clear...
The price is testing an important resistance of 0.3$ after a bounce on the weekly support. The price is trying to have a breakout from the dynamic daily resistance and static monthly one. On the 4h timeframe we can see how the price had a breakout from the previous resistance on 0.28$ with a nice retest. How to approach? If the price is going to have a breakout...
TL;DR Breakdown Avalanche price analysis is bullish today. Support for AVAX/USD is present at $73.2. Resistance for AVAX is found at $81.1. The Avalanche price analysis is bullish today as the coin continues upside after rallying high yesterday. The price action is steadily upwards, and the coin price has broken above the resistance present at $77 level as this...
3 day chart, showing key levels. I have confirmed this bias on the 1 hour chart before posting. I have a strong buy bias for the AUDNZD pair
The price is following my drawing according to my previous idea, the market bounced until 2700 and got new liquidity for a breakout of 0.618 Fibonacci level. Now the price is testing the old support as new resistance. How to approach? A breakout is not enough, you need to have strategies to open a new short position, we will open a new short if the market is...
Canada will deliver its MoM new housing price index for January, which currently doesn’t have any forecast available. We know that the index has been somewhat of a decline since May of last year, when the April figure peaked at +1.9%. Last month’s reading was at +0.2%, but the actual number shows up below it, or even in negative territory, CAD might take a slight...
On February 17, the bears succeeded in breaking below the $41,800 support as BTC price attempts a rebound. The breakdown signals the resumption of a downtrend. In retrospect, the largest cryptocurrency has been range-bound between $41,800 and $45,000 price levels. The bulls made several attempts but failed to break the $45,000 overhead resistance. Sellers have...
D1 - Bearish convergence followed by a pullback. Price respected a strong resistance zone and is bouncing lower. H4 - Bearish convergence. Currently it looks like a pullback is happening. Until the strong resistance zone holds my short term view remains bearish here.
My analysis on avax says it will get to the 89$ zone and drop sharply back to around 67$ which means the shorts have a higher profit here. You can take both though but rememberto use your stoploss
Bitcoin is currently at a strong resistance level with high liquidity and the best time to buy
Based on the chart, the price is close to channel resistance ✔️ and here we have an important support area for the price ✔️ if the price breaks the purple area and our channel resistance to the upside and stays far from the purple area, we expect sharp gain for the price 🚀💣 other important support and resistance are located on the chart ✔️ This is not...