✅EUR_USD is trading in a local uptrend And the pair has formed a bullish pennant Which is supposed to make us bullish However, there is a strong horizontal level Right above the pennant so while I am Bullish biased I will wait for the breakout To confirm or disprove my thesis And only ater that I might enter the trade LONG🚀 ✅Like and subscribe to never...
This graph represents the inverse chart of the top 10 Cryptocurrencies' market cap. I spotted a few conflicting signals which I described using 3 forecasting lines (Red, Blue, and Green lines). With correct SLs, TPs, and open orders set - great profits can be made. Furthermore, I will rate the likeliness of each potential outcome Outcome 1 (red line) (Bullish...
I posted bigger picture bullish predictions for ETH end of June and July when it was under 1100 predicting a rally to 1700-1800 - my expectations then was derived from the accumulation structure I observed around the bottom and those were markup targets. At the time my upper resistance was 2333. Given the information contained in the price action since then I can...
SPX is at the overhead resistance from June, the economic environment isn't particularly bullish so most see the risk here and avoid recommending buying - however, there is a lot of accumulation over the past few months and what I see is the overhead from June was part of this accumulation, the drop to this years low was the "spring" in wyckoff language. We are...
Hi everyone, I hope you are doing well. Yesterday I said that Bitcoin will have a small dump to the 21700 level since we observed a head and shoulders on the lower time frame (H4). However, the price did what I had least expected it to do. If you have been following me, I mentioned 3 days ago that a possible scenario might be less likely to happen, in which...
I'm watching a weekly timefarme. My ideas are written on the chart.
3 scenarios I'm watching at the moment on monthly timeframe.
A lot going on here, main takeaway is these are the extremes of what to expect going forward. Methods used : - harmonic patterns - wolfe waves - control charts (I built my own stability motoring/anomaly detection model in R) - time series analysis (its a random walk, it really is) General Expectation s: Expecting near-term bounce to 47k-53k by early May (there...
GBPCHF is really undecided nowadays. It has a long lasting trend to fall since the January of 2000. Now it has formed a giant triangle bottoming at around 1.18. Now the Bank of England is in a rate hiking cycle while the Swiss National Bank does not indicate a rate hike any time soon, so a strengthening of the pound is very likely. Besides that, the shockwaves of...
explanation current main support zones 1)35k & 20 ma monthly & ascending trend line(blue) & 100 ma confluence together 2)30k 3)20k & 100ma weekly & lower trend line support of main ascending channel confluence together current main resistance zone-45k & 50 ma weekly confluence together facts (1)you can see that 35k zone is very important ...there are many...
Which path will flux take? Hopefully none of the 2 scenarios...
ithink solana have to paths for the future 1- after big correction of sol we can see that price break the downtrend channel and gonna complete the pull back maybe if price can break the main resistance we can see sol for 300 or above(black paths). plus we have nice fundamental from it . 2- if you look at the chart the elliot wave are going too complete wave B...
Hello everyone, hope you doing good. * This is not a financial advice, use the idea with your own strategy and risk management * Few days ago, I wrote an idea about ALICE and shared with you a great setup ( Hope you didn't miss that one ) as we reached target 4, now we have to figure out whats the next move, as you can see in the chart below, we have a trend...
Just a few scenarios I want to have in mind for the coming days/weeks. Scenario 1 and 2 would be great entries for a long position.
At the moment, 50k-53k is a very critical level for $BTC in order to determine whether or not we'll move into a bull run or not. Another rejection and bobos will have a field day seeing no one happy for Christmas this December. I've laid out a couple of scenarios for BTC: Bull case: -We breach the trendline and make a higher high and complete a wave 3 target...
I fully expect this bullish scenario to play out in the coming weeks, especially given the consistent growth we've been seeing with BTC and ETH. It's possible that ADA enters into a consolidation pattern over this period as well, which I would also consider bullish in light of the overall market. I think it's highly unlikely we see ADA break downward, it has too...
Hi everyone, Today I want to talk about Scenarios of Bitcoin that can happen in the next 38 days!!! Bitcoin Analyze ( BTCUSDT ) Timeframe Daily⏰ after verifying point C, I can say that Bitcoin is running in a Symmetrical Triangle these Months (Probably = one scenario will reject it). this triangle can reject in the next 38days, so I guess that we will see great...
For me, a likely scenario could be BTC dropping until Q2-2022, then long-term building up for next ATH. Why? Using long term fib channels we see that sell territory has always begun above the 0.5 line. When this had been reached, a correction to the channel below 0.236 followed suit - time for buyers. After BTCUSD has been in the channel above 0.618 it didn't...