Evening Traders,
Today’s analysis – USDJPY- trading below Local S/R where a bearish retest is probable,
Points to consider,
- Price Action Impulsive
- Local S/R Resistance (.382 Fibonacci Confluence)
- Untapped Liquidity Target
- Valid Volume Climax
USDJPY’s immediate price action is impulsive under Local S/R, this allows us to have a bearish bias on the...
Evening Traders,
Second Analysis – GBPUSD- testing Weekly S/R that has technical confluence, a bounce here is probable.
Points to consider,
- Impulsive Price Action
- Weekly S/R (Support)
- .50 Fibonacci (Resistance)
- Stochastics Buy Cross
- Evident volume Climax
GBPUSD’s immediate Price Action has been impulsive to the downside, currently testing a key...
Todays Analysis – VETUSDT – Ranging within support and resistance
Points to consider:
- Weekly resistance
- S/R Flip
- .382 Fibonacci Retracement
- 21 EMA (visual guide)
- Volume Climax
- Oscillators Neutral
VETUSDT is consolidating within structural support and double top resistance after putting in a successful S/R flip re-test.
A long trade will be...
Todays analysis - IOSTUSDT – retracing after a strong breakthrough structural resistance.
Points to consider:
- S/R flip Re-test
- Support confluence
- 55 EMA – visual guide
- Volume climax
- Oscillators overextended
IOST is likely to retrace back to structural resistance after a bullish pattern break, S/R flip needs to hold for a valid long trade....
Evening Traders,
Today’s Analysis – LINKUSDT – clear break out failure, trading back into its range most likely to form an equilibrium, how price action forms will dictate the next probable move
Points to consider,
- Overthrow failure
- Demand zone respected
- PA Consolidation
- Range trading (local support and range median)
- Volume climax
Price recently...
Evening Traders!
Today’s technical analysis will focus on LINK’s blue sky breakout that currently has a probable bearish divergence at play.
Points to consider,
- True blue sky breakout
- Structural support (S/R flip) confirmed
- .618 Fibonacci in confluence
- RSI diverging from price
- Volume nodes below average
LINKBTC has been in price discovery mode...
Hello Traders!
Today’s chart update will be on NEOBTC after having a massive bull break from local lows, NEO is currently are trading in an equilibrium coming into its apex of this pennant. Will NEO put in a new higher low before continuing this new trend?
Points to consider,
- Trend broke lower low structure
- Local support in confluence with .618 Fibonacci...
Hello Traders!
Update on BTC recent price movements from yesterday!
Will bulls push though current resistance or will bears take over at this given point?
Points to consider
- Head and Shoulders pattern will be negated if bulls break resistance with volume
- 4hr bullish divergence has held true!
- Currently inside bars forming on 240 timeframe
- Volume has...
