Here on Eurgbp i see a potential HnS that is forming because of the sharp rejection that EG faced yesterday. I see some bullish exhaustion on Weekly Macd, so after a bounce to 0.907 area i will be looking for shorting. Targeting at least 0.89479.
As we can see the 109.7 level is a very significant one so far, the price keeps getting strongly rejected from that level, already multiple times. Also the 108-107.7 area is a very significant one above it i am bullish/below it i am bearish after the strong rejection from 109.7 we did not hold 108-107.7 area as support and we went below it, retested it and we got...
I really like this pair and it's structure and it is very easy to trade this pair for me. All the details are explained on the chart. -CryptonikLion
Hello traders please support my work with a like and follow me. Here on GU we see that we got rejected from a broken support that turned into resistance and also a descending trendline acts as resistance,since the drop to 1.215 we a in a short-term nice up trend as you can see on the chart that is meeting with a descending one, if we get a daily close below 0.5...
Please support my work with a like and follow me, all details are explained on the chart. -CryptonikLion
Currently in an ascending triangle pattern but i would not give it the standard 70% chance to the upside and 30% chance to the downside because the resistance is the trendline form the peak in 2017. -CryptonikLion
Hello friends i want today to talk about my analysis on BTCUSD on 2W timeframe chart. -BTCUSD is consolidating in 9k to 10k range for @ 38 days already testing this trendline for the second time since the top in 2017. -The horizontal area 10.5k -10k is also acting as a resistance, so we have a strong confluence between these two long-term resitances, and also...
Hello friends today i will show my analysis on Eurusd pair. We had a very good rally from 1.08 - 1.142 were sellers came in and pushed the price down to 1.125 with strong black candles, (showing the pressure). - Bearish divergence on RSI, (which means that a reversal is coming or at least a correction which i think that i likely to continue till 0.5-0.618 fib...
- Classical falling wedge. - With a very strong bullish divergence. - A fall to 0.12$ is possible before breakout
I think that a potential down-ward channel is forming , but to confirm it we need to go one more time to 59% area to make the third touch on the channel. Now we are siting on support and a break of 64.3 will signal more downside to come
Bitcoin just got rejected from the resistance that marks the bear-market and bulls could not push the price trough this resistance, still we tested for 35 days this resistance so it was a great test but bulls were not able to push it and now i think that 8.2k-8.3k area is very likely to act as a potential support (200 Daily MA) , (21 Weekly MA) , though i expect...
Here on EU i see that the rally is showing some weakness (bearish divergence on rsi). I think we should do at least a 0.5 retracement to 1.11 and then we will see if the bulls can continue to push up or if the bears will take control
Here i see a perfect setup and more room to the down-side we got perfect rejected from previous strong support that now acts as resistance and it is right 0.786 fib level
Targeting the 130-128.5 area after a failed rally that got stopped after hitting a strong and an important resitance. I see a failed break above 200 Daily MA so i expect more downside movement to come. -CryptonikLion
So we are in a short-term up-trend that started to face strong descending-resistance at around 10k-9.8k. -We got first rejected from 10k we faced a 15% dump and a very good recovery and we started to test again that resistance and i like how the price was sitting for few days testing that area and we got rejected and now we are almost to the resistance. -I...
Short i have a feeling that this trendline will not hold -CryptonikLion