In case price approaches the Low Volume Node at 1.20100 with good momentum, a reversal is expected considering that the low volumes will not be supporting the price rally. Volume profile is drawed in the area where price formed a discending parallel channel. We have confluence with the value area high that acts as resistance and a supply zone at the same price...
(plz like & follow me for regular updates) Haven't changed much since our last update. We have small consolidation at the lower level. Such consolidation after strong down move is a bearish sign. Mid term support levels:- 8.8-8.5k, 7.2-7.5k Mid Term resistance levels:- 10k, 10.5k, 12-12.5k For earlier update, plz check recent ideas section. Thank you!!
(plz like & follow me for regular updates) ETHUSD Update 225 level acting as a strong support right now though not seen any strong bullish sign yet. It looks less bearish than BTC. Our priority is breakout downward. Upside resistance is around 250$. Thank you!!
Hi traders, we saw BIG SHORT in the SPY market yesterday. I am really happy because my Short trades went into profit, but we still have major S/R levels below the market, that can stop that nice move down! I am talking about the Value Area that held the price for more than a year. In the middle of this range is PoC that behaves like the magnet. So that´s...
Hi traders, today´s HOT market that I opened yesterday is "Boston Properties Inc." As you can see in the analysis, this market was stuck in the Trading Range for several years and a few weeks ago broke down. What makes this trade amazing is the fact, that we are still below the major Value Area , so we can say, that lower prices are respected. INSIDERS,...
(plz like & follow me) Ranging b/w 9.4-9.8k. We are at upper level currently, seeing some weakness (red arrow marked). What we expecting is to get back to 9.4k. Local Support Levels:- 9.6k,9.4k Local Resistance Levels:- 10k,10.2k,10.5k Thank you!!
(plz like & follow me for regular Analysis) $BTC is ranging b/w 9.6-9.8k level. Testing the upper level currently with hidden bearish div. on RSI. By looking at the yesterday strong rejection from 9.8-9.9k level, we can say that bears are in more control here, other than no clue we have. Priority is breakout downward. Support Levels:- (1) 9600 (2)...
(plz like & follow me for regular Analysis) $BTC has a nice strong rejection at 9.6k recently & now we expect breakout of this range and move towards 10-10.2k 💰 Thank you!!
(plz like & follow me for regular Analysis) LTC is ranging b/w 0.00500-0.00475/0.00480 level. It is on the upper level & seems to be rejected with bearish div. On RSI. Nearby Target would be 0.00480-0.00475. Thank you!!
(plz like & follow me) On a daily chart, we have got shooting star with very high volume suggesting us a pullback to atleast 650-700 level. Thank you!!
(plz like & follow me for regular Analysis) $BTC is Consolidating b/w 9.4-9.6k level. Proper well defined range with one time above the range and failed. No further clues for finding which direction likely to breakout. We will have to wait & see for any clue. Local Resistance Levels:- (1)10000 (2)10500 Local Support Levels:- (1) 9200 (2) 8800 Thank you!!
(plz like& follow me ) $BTC is looking fine here for Longs. We got a strong upside push to 9750 level above the range and now pullback. Overall it is looking bullish and our nearby Target is 9.9-10k. Thank you!!
(plz like this and follow me) BTC looks good on a hourly chart. Currently, ranging b/w 9350-9550. We got an excess represented and strong rejection from 9.3k level indicating bulls are actively participating and we can breakout anytime. Nearby Target 9750/9800. Thank you!!
(plz like this idea and follow me) BTC shift in value area. Now consolidating b/w 9.5-9.6k ; showing little weakness but our priority is still upward. We would wait and see the proper well defined range forming and look for further breakout either side. Best is to wait for the unfold of price action. Thank you!!
(plz like & follow me) #ETH trying to breakout but does not have enough strength if we see associated volume. If we find any weakness then definitely there can be a short opportunity keeping BTC movement in mind. #keep you updated if any changes. Thank you!!
Good morning traders! Why do we see a confident breakout to the upside in the AMAZON market? The whole world is bothered by the coronavirus... Amazon is a very strong player on the Internet and in Europe, it was these companies such as Amazon that made the most profits. The broken structure below the market acts like a magnet. So we will probably see some...
(plz like & follow me for regular updates) We now have 2 scenorios for BTC:- (1) Rejection from 9.3k level and back towards 8.8-8.5k. (2) Will attempt 10k level again. We will wait for reaction at 9.3k level which is acting as local resistance right now. Thank you!!