Famosky

Famosky

GBPCAD Sell Signal

Famosky

GBPAUD Sell signal

Famosky

There wasn’t an update in recent days because the exotic coins played according to the scripted analysis. If you’ve been following the pair movement in recent days, you must have seen how the USD strength weighed on the coin value. Currently, the buyers are in control of the market. Such a condition is expected because the intense selling pressure landed the...

Famosky

Eth. is quickly recovering from its dips. Just like BTCUSD, the pair transactions are enclosed in a North-oriented channel. Such structure indicates that there would be more buying pressures in the coming days. The pair is envisioned to peak at 1810 USD ( 1: 1.5 RRR). Sentiment: Bullish

Famosky

The currency pair is gradually grinding higher. At this moment, the $45 - $46 support level is serving at a strong swing point for a bullish channel formation. Likewise, the trendline break is resonating with the symbolic appearance of a descending triangle. In a few hours /days, buyers should be filling the BTCUSD blank cheque with lots of buying orders. For...

Famosky

BNBUSD update Recall that the recently formed symmetrical triangle sent a message of hope for both buyers and sellers. We leverage the market momentum of BTCUSD to anticipate the future value of the Binance coin. Unfortunately, the fundamentals (Jerome Powell speech) favored the sellers and the market maintained its bearish tone for up to 24 hours. So far the...

Famosky

It’s still about the trendline break. As long as the market trades below the correctional trendline, ETHUSD will keep moving Southward **Sentiment: Bullish ** Decision : Testing the waters for buy order @ 14xx territory is recommended.

Famosky

BTCUSD Update Since the buyers failed to reclaim the $50k value area, the BTCUSD price has no choice but to opt for another round of sales. It's worthy to note that Jerome Powell's speech also played a good role on BTC - USD exchange rate value ; the Fed boss speech gave speaks more about optimism than pessimism. Since the descending triangle is still much in...

Famosky

The symmetrically formed triangle is sending a message of hope for both buyers and sellers. However, it pays to stay firmer at the buying position; the coin will mostly leverage the bitcoin force. *Next resistance levels are poised at $275 and $305 price points. * They are expected to serve as the profit-taking areas for buyers. Sentiment: Bullish Decision:...

Famosky

The pair dip didn’t come as a surprise. If you’ve been following this pair update here, you will understand the situation better. At this moment, buyers are able to secure a visible and feasible trading structure for the next level. A trendline break can of course help the coin price shoot higher. Gains are expected to be taken at 1700 - 1750 USD. Since the...

Famosky

The crypto pair peaked and began correction at the anticipated value area ($52-$53). At this moment, it’s gaining momentum for another round of Northward movement. Despite its slippage off the marked value area(49,500 USD), the pair still got the attention of intermediate trend riders. A two bullish candlestick set up is gradually giving hope that the crypto...

Famosky

If you can recall vividly, $215 was recommended as a good take profit point for this pair. Buying pressure at the nearby demand area - $227 has already dashed the hope for taking major gain at $215. Congrats to those who took profits based on private updates. It’s worthy to note that the strong demand area is seemingly serving as a launchpad for the...

Famosky

**Yay !** **BTCUSD found an acceptance near the anticipated value area - $47k.** Thanks to the mild volatility and the swift 4H MA cross-over. They all helped buyers to secure buying swing points and obviously the long-awaited bullish structure. At this moment, buyers are buoyed by the recent trendline break and would obviously defeat the $50k resistance...

Famosky

The rejection at the $50k price level is a validation that the trading area matters to both buyers and sellers. Since a bullish continuation pattern is in place, making a conclusion that BTC blockchain traders are aiming for another high (maybe $70k) won’t be a bad idea. Opting for an instant buy order is cool. But waiting for the retest of the observable...

Famosky

Cheers! The pair delivered profits accordingly. The reversal at the profit-taking level seems to be signaling a ranging market structure. A violation of the $248 swing/demand area can drag the pair to a major support level. *Selling now is good. But placing a sell order below $248 price level is better by far. * $215 is a good take profit point.

Famosky

Personally, I will advise BNBUSDt #blockchain traders to allow transactions to burst out of the box before taking any decision.

Famosky

The bulls just need a stronger force to outsmart the sellers… But the sellers seems to be delaying the move so they can easily hit the 38k area. That’s not funny.

Famosky

**BTCUSD update** The **rejection at the fib level has finally contracted the market volatility**. At this moment, it's enclosing the bid and asking level into a **chart pattern - triangle**. That could condition the crypto traders into a bearish market outlook. **Check your charts for references** A failed attempt on MA cross-over (H4 chart) can work...