Obiakor_Evans

Obiakor_Evans

My Observation 🧐. I'm patiently looking forward to a price dump on Bitcoin amid the decision of the FOMC meeting this week. Lots of price volatility ahead, brace yourselves 😉. My Key Price Points or Targets which were gotten on a Weekly SnR are: $65, 499.3 🎯, $61,465.8 🎯 and lastly on these two price points if we are going further down by breaking those...

Obiakor_Evans

DESCRIPTION From my observation, the price of Ethereum has remained in the Parallel Channel since the month of June, we have experienced high prices at around $248 and that of low prices at around $221 . If the ethereum prices continues in this manner, then we have two options in mind. First Option: We wait for the price to touch the Resistance Level...

Obiakor_Evans

DESCRIPTION RESULT from last previous idea: Looking at the updated trade progression of last post, it was observed that the Forecast failed to reach the proposed support line reversal at $8,956 which rendered the setup invalid . Meanwhile, we have been experiencing some tight price movements at the moment within the horizontal channel that brought it to the...

Obiakor_Evans

DESCRIPTION Hello Everyone, I have been away for a long while. Its been 2 months now since I did my last Trade Analysis on the BTC/USDT Trade pair. Well, a lot has happened on the market lately so lets DIG in and see what we can find. Previously, the price broke out of the Bullish Trend Channel on the 11th June at the price level of $9,939.13. I still believe...

Obiakor_Evans

DESCRIPTION How far can the price keep on fluctuating on Steady 5 Zone? If u follow up from my previous trend analysis, this analysis shows the selection of some Stabilization zones that occurred based from the previous chart but this time on a 60 Minutes Chart Timeline. The stabilization zones pointed out shows the slight steady movement of prices that...

Obiakor_Evans

DESCRIPTION Few questions that came up to me now for Bitcoin (BTC/USD): - How far up can it go? - Where can we find the important support and resistance levels? So looking at my trend analysis, the chart was stretched out to accommodate the previous high price level which was encountered on Resistance 3 (February Period) which will be our focal point for a...

Obiakor_Evans

At the moment, we are experiencing some stability and also increase in the price movement which is sitting at a price level @ $7,948.97. The Yellow Line of Resistance will also act as the Support Line for this Bullish Trend which if we experience some slight price pullback, it will settling at around $7,408.36 (Stop Loss Level). But once the prices bounces back...