Bitcoin price hitting a 7 year long daily support zone. I don't see a single day candle closed below it. Maybe this time we break under it and break the trend, or bounce from here and keep the trend.
As bitcoin has broken through support at 37,000, it is now exploring aggressively the support line at 36,500 respectively 36,000.
If support breaks at 36,000, the next support line which Bitcoin can be exploring will be at 35,500
35,500 is also the ultimate support after which an approximate closer bottom can perhaps be seeing at approximately 33,000
Traders...
In this video I breakdown SHIB using the Daily, 4h, and 15m timeframes.
Retail traders were hoping for a new ATH following the recent news stories going viral like the Kraken listing, game development, and increasing holders. But not so fast...
I show you the current support SHIB is testing and where a breakout or a shakeout could take us next.
Do you agree...
As predicted on the previous ADA/USDT chart.
Previously; we could see ADA coming to a squeeze, at the exact point of the wedge we witnessed a big decline in price.
Currently; watching ADA as it is testing next support level. If confirmed, looking for a short position down to approximately $1.
DYOR
the last time it was testing top channel as support (flag 1) it was rejected. lets see what happens this time (flag 2) when price is testing the same resistance after a big pump.
support and resistance is based on new and old data (old only daily chart)
GBPUSD - Price recently made new lows past 1.21616, price is now retesting this break if price closes above this level we could see that as a false break and price could return higher.
SEACERA - Just recently broke out from MA200 with widening Bollinger Band, MACD & RSI both still in their bullish trajectory. We anticipate the stock is now trying to complete its consolidation formation within the symmetrical triangle drawn in the chart, any chance to breakout shall unleash fresh bullish momentum towards 0.315, support observable at MA200/ 0.245....
Mini bearflag broke down perfectly, and hit my target. It wicked below it quickly but support ended up holding until it bounced and came right back in. If where we are currently at 8770 doesn't hold and 8k is our next spot of good support. Buy volume is not looking that strong, 6k is totally possible in the short term. We may just need to visit and test that...
Bitcoin. Clock-Work 05:53 est
another 01:00 gmt low, another at 06:00gmt. And high at
10:00 - right on the upper parallel where longs who bought at
6am have closed out for 450 points - day's work done.
Now has to climb above the upper paralle and hold there on
retest once broken to turn back to bullish again from here.
Unlikely in very nearterm but it's...
Brent Crude Oil UKOIL
Brent recently broke the long term parallels that had carried it faithfully within its force ever since the lows at
44. Now it's almost exactly 50% higher, with a new high set at 65.70.
We were short on the break below the parallel and then closed out around 61.15 for around 90 pips profit. Good
thing we did. Bad thing we didn't go...
I see bitcoin dropping to around 2k and possibly lower, saw a good setup so I thought I would share with you guys. This is in a bull trap right now and needs to test support it also has a very good risk to reward for shorting. If you own bitcoin it might be smart to take some profits and cash into something else (altcoins - fiat ) . another good buy opportunity...
Testing the Trendline and the 50.00% Fib and as you can see it's forming HL on the 4h chart. Watching how market behaves the next hours and if it doesn't break => Long position
