Hello guys, hope you are doing well.
Welcome to today's market analysis as a part of "Aglogains - Daily Trade series".
Ethereum is stuck in a range between 3200 - 2900 for the last 2 days, it looks like the market is consolidating here for a while given the fundamental news (US Infrastructure Bill) and other market factors.
Here are the two scenarios that...
BTCUSDT is below historical resistance V2. If the price will have a breakout upward and flip the historical into new support, we can looking for a long, otherwise, if the price will lose the weekly support, we can looking for a short (short term).
At that moment we need to wait
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly...
Neutral right now on the pair while we may get some ups and downs. If we keep seeing rejection from going down, we might say reversal is in place. Wait for confirmation first.
it's look good setup on GBPUSD time frame daily.
If today candle closed as bearish engulfing, we can start to looking for short order position on next week
As you can see by the chart displayed, the total cryptocurrency market cap is in a clear Equilibrium pattern despite certain coins breaking into weekly uptrends and some getting within 1-2% ranges from bull breaks. We also have the 12 and 200 Weekly Exponential Resistances just above the current price which creates a more favourable trading environment for the...
Multiple confluences in play, awaiting for a 38.2 bullish candlestick variation or a 61.8 bullish candlestick variation. WE ALSO Have a Psychological level at a major Quarter in play at 1321.00 at the 38.2 fib and 1319.00 at 61.8 we will wait till a candle stick variation happens at one of the major quarters and wait for a play at one of the Fibonacci PRZ. if we...
