The USDCAD formed a rising wedge pattern following a breakout of a significant horizontal support level. After a retest of the broken structure, the price rebounded strongly, breaking through the support of the wedge. It is likely that the pair will continue to decline, with potential targets at 1.3586 and 1.3559.
📉 BTC-USDT with Elliot Wave Theory Analysis 📈 I've been advocating for Elliot Wave patterns this cycle since I spotted similar fractals across crypto charts. I've been following fractals on SOL, DOGE and BTC - and they have all been extremely reliable thus far. As I've discussed in previous posts, BTC normally stops at a -30% correction. That will put us HERE...
LINK is once again showing sings of an impending BTC pump. The last major pivot we saw was when LINK broke the monthly resistance. Before this the weekly was broken which is marked with an arrow. LINK broke all 4 EMAs on this most recent daily candle. This is a macro reversal, I expect over 21$ soon.
BTC is pressing right into my resistive area I drew on my last two charts. This very key area is incredibly important for the pivot and upswing towards all-time-high. I believe the corrective phase is over and fireworks are about to start. LINK is running and this reminds me of the BTC move from October last year. I will post a chart highlighting the last time...
End of day and week update from us here at KOG: What a week! It's not rare for us to get pin point movement on this instrument but this week has been extraordinary. We managed to get the perfect short trade into the order region, then got the flip for the long and carried on up to where we are now, hitting our targets like no tomorrow and giving us another...
BINANCE:APEUSDT forms a conglomerate of patterns, the realization of which can lead to a trend change or forging rally. A bear market may change to a bull market The coin has found a bottom by forming a strong pattern. Consolidation is forming, but local prerequisites give an opportunity to the growth of the coin. On the local timeframe the price broke the...
The Canadian Dollar is loosing steam, for some reason is losing value across the board. Maybe bc oil apparently has peaked and now is turning over. I opened a long position last week on NZD/CAD but I think this pair looks better, EUR/CAD looks good too, even USD/CAD. It could take a few more weeks to break out. Keep adding at every pull back. CAD is the new Yen....
This is part of my ongoing analysis, see links below. We have been orbiting 63.3k for several days. It is a key level of the wave down from the top. North of 63.3 is bullish, South of line is bearish. This chart is also a good example of my concept. The red fibs are extensions of an Impulse (fib 0.1). Purple lines are retracement levels of entire wave. Previous...
Hi Traders ! On The Daily Time Frame, The EURCHF Price Broke The Resistance Level (0.98115 - 0.98420) This Key Level Becomes a New Support Level. So, I Expect a Bullish Move📈 ------------- TARGET: 0.99030🎯
BINANCE:BTCUSDT COINBASE:BTCUSD Hello dear traders. ⚡️ In this post I will track the BTCUSDT movements from 11 Apr - 18 Apr. 📈 What to Expect Next? 💡The price of Bitcoin is in a vital situation. As long as the price is above the BB midline, the bullish scenario is quite valid. The bullish scenario targets are on the price chart. 🔑Key Insights: The...
Current Market Context: The market is experiencing a significant upward movement, and SOL is positioned well within a favorable buy zone. Trade Strategy: Entry: Initiate a trade at the break of the top of the range support level at $170.00. This level is a key indicator of potential bullish momentum. Take Profit: Set take profit targets within the $200 - $220...
GBP is looking good across the board. I think in this case the inverted HS is not done, this is just a retest. Very low risk on this trade and good reward. The pair just landed on a support area (broken resistance) and looks that is going to accumulate and then bounce up. SL triggers is the support is broken by a weekly candle.
Not Financial Advice BINANCE:FILUSDT has been trading in a symmetrical triangle for more than 1 month, and is now retesting the resistance trendline. The RSI broke its trendline, this is a potential leading signal for an imminent price breakout. A successful breakout of the triangle's resistance trendline could mark a reversal and lead to a retest of...
Pair is testing the broken support level after being rejected by the resistance at 0.98. I think is going to try is going to test again the 0.98 resistance. The double bottom is still active. SL triggers if a weekly candle breaks down the support and closes under it.
Hi everyone, I'm planning to open another BTC UP position on Fybit trading platform after confirmation on hourly chart. After recent price fall BTC is recovering again and ready to break 63300 resistance. I'm waiting when price will close above 63300 on hourly time frame and will open a long position with 10x leverage. First target set at 64400, Second target...
Reasons for bullish bias: - Price gave LH breakout - Positive Earnings - 0.5 Fib retracement plus support Here are the recommended trading levels: Entry Level(CMP): 130.62 Stop Loss Level: 105.33 Take Profit Level 1: 155.91 Take Profit Level 2: Open
Market broke Daily LHs turning overall structure Bullish Entry at Daily and Weekly AOi Weekly and Daily at the same AOi Weekly Rejection Candles Daily Rejection Daily EMA retest Around Psychological Level 1.26000 H4 EMA retest H4 Candlestick rejection Rejection from Previous Structure Point SOS 1:5.26 Entry Signal 95% REMEMBER: Trading is a Game Of...
Symbotic falling down but earnings was not so bad to justify a drop like this Just moving inside downtrend channel more quikly than ususal and will reach lower margin soon I think it need to drop to 35$ where long term bullish channel ad medium term bearish channel meet From here a powerful upside move can happen that will fill the GAP