Historically Bitcoin september is not a very good month for bitcoin and in the next comming days bitcion has to make a decision. to either Breakout and visit the 52.5K Area which will be good and increase the probability of visiting the ATH. However, if we lose our support next target will be the 618 Fib level (42.5K)
BTCUSD 2 scenarios in 2h timeframe 1st support in 47500 2nd support in 46500
Hi, I Came back again with Bitcoin counting waves. still, I am believing that Bitcoin was able to pass Main wave B at 48800$, also, As I said in my previous post ''Bitcoin Analyze (Counting Waves at Timeframe 15min)!!!'',❗️Warning❗️: over 46822$, my counting waves will be fail. and NOW, my counting was failed (Normal, counting waves can change). So I tried to...
scenario 1 : gold now in the up trend channel and want goes to up trend line . if not broke up trend line will reversal to down trend line . scenario 2 : if broke up trend line gold goes to point 0.382 . if broke 0.382 goes to 0.5 and 0.618. scenario 3 : price reversal from line 0.382 and goes to down trend
On USDCAD, 2 possible scenarios are here: 1. Long: If the non-horizontal support will reject the price to go down, a long opportunity without enough confirmation can be spotted. 2. Short: A break with a golden candle below the trendline will be enough to enter a short position as we are more close to the resistance then the support. " Think always RRR" - ...
Description and reason are mentioned in the chart. This explanation has been made by looking at the past and technical analysis. The probability of a downtrend is stronger. But the possibility of an uptrend has also been drawn because the fundamentals have already affected the price.
Bitcoin dropped and got bought up fast at previous price lows. This shows that the buyers are still very greedy, but they are hiding it well. How will sellers take advantage of this? Probably they will test to see if buyers will continue to show up. If even one time the buyers don't come out at those previous lows the sellers will probably go for a choke out....
Today, I decided to publish a Road map for Ethereum . First, I have to say again sorry (This post is like with post that I published ''🔥 Bitcoin is on Contracting Triangle 🔥 (Road map)🧐'' ) for the busy chart ( ETHUSDT ), but my chart needed these lines. Please spend a few minutes on it.🙏 Location: ETH is on Main wave 4 ( Zig zag 5-3-5 ) for about 25...
First, I have to say sorry for the busy chart (BTCUSDT) , but my chart needed these lines . Please spend a few minutes on it.🙏 Location : BTC is on Corrective Structure ( Zig zag 5-3-5 ) for about 51 days (From 64795$ until LIVE price) and I think that this correction will take more time from us (maybe 2 months , just prediction ). My idea :...
The Bitcoin Bull / Bear road-map for the remainder of 2021! Right now, different bullish and bearish scenario's are in the cards. This chart provides my rough estimate at which levels the bullish and different bearish narratives will be validated. Please note that we can always profit in different scenario's (via either gains or discounts). Please leave a like...
If gold can close an hourly above the trendline look for an upside to the 1739-1740 region(big fakeout zone and previous range top) if it gets through look for an upside of the upper trendline and afterthat the psycological level of 1750(previous rejection zone) Buy on a retest of the trendline and rebound off or when it breaks the previous 1739 level. As i...
Green Scenario: triangle breaks out to the upside, also breaking the channel along the way. Red scenario: Channel continues descending.
Case. A $XAUUSD try to end with a Bearish falling wedge pattern the green zone in charts if gold cannot drop lower than this and can break higher than dotted-line - reversal will work. TP > 1903 Case B. We will see strong support (yellow zone) and red dot channel and red trend line. Yes, It is a wide range. we must wait and see in the smaller time frame TP >...
patience will be crucial with TSM... 1.) Scenario that we can looking for setup is "ABCD" pattern where right now we are in (C) point and that is good setup for buy ... but ... 2.) But as we can see with pink color, if price come down on point (A) we will looking, will the price do a "head and shoulder" and than that will be good setup at price by approx....
There are two scenarios in this idea: 1 The market breaks the trendline, retests it and then begins to decline. 2 The market reaches the trend line, after which it will start to grow towards the resistance level. Good luck!
We finally see the retracement on the EUR/USD. The bias is still long, however, we have different possible scenarios to play out.
In this analysis you can see two options. The first option is: The market reaches the support level and then returns to the descending trend line. The second option is: The market breaks the support level and then starts falling. Good luck!
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for AMAZON, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!