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BITSTAMP:BTCUSD is forming is forming a clear pennant on 4h chart. A breakout over 63000 will confirm and extend the bull run. If this happen, that's likely to occur, it will drag al alt coins for a new gain, from 2 to 10X. The crypto spring is re-started, Stay tuned ;-) Thanks for reading and constructive...
Dear traders. In the H4 timeframe a possible H&S pattern is forming. In addition, in daily chart, a shooting star is formed and Sterling buyers seem to be quiet after the little bouncing of the Deutsche Bank. Let's wait for the new touch of the support to see the new direction of the GBPUSD. ----------- Not financial advice. thanks for comments. Keep doing...
Dear traders, as expected in ,y previous idea XRP has been compressed under the bearish trendline for various weeks. Now it time for breakout. I'd expect a first break followed by a sudden pullback and then continuation to the upside. ----------- Your comments and likes are very welcome! ;-) Not financial advice. Do always your own research.
EURUSD bounced at its main support and BULLISH ENGULFING is printed at daily chart and a breakout of the trendline occurred in 4 hours chart. I see a continuation of the upside for a while up to 1.07 --------------------------- Not financial advice. Do our research and Thanks for your comments.
As a bullish hammer is printed in daily and weekly chart together, I guess that the XRPUSD rebirth could restart now in case it will break the first bearish trendline around 0.41 . If it will succeed, the next stop will be at: 0.52 - 2nd resistance 1.32 - 3rd resistance 1.88 - 4th resistance Otherwise, the bearish trend will keep going to touch the...
After a small pullback, the technical analysis suggests EURUSD downtrend is consolidating id the daily closure will be below 1.66. Then, I'm expecting reaching a first TP at 1.635 and a sencond TP around 1.55 . Let's see what happen! Set always your stop losses between 2% and 5% max per trade. ---- Not financial advice.
Dear community, looking at the main trendline range in the logarithmic scale, it seems that the bearish pause is almost at its end. Still the more safety BUY ZONE is close but not reached yet. My suggestion is to be VERY PATIENT before getting in the market again. I'm personally waiting for a BIG buy catalyst like a clear BULLISH PINBAR and a confirmation...
Dear traders, just wanted to share a fractal of the US500 index that seems to feels the GRAVITY due to the global economical instability. A MEGAPHONE pattern seems to repeat, however this could occur only if a little bounce doesn't succeeds. stay tuned! Thanks! ------------- not financial advice!
Dear traders, Thanks to Elon, DOGE bounced on the forming bullish flag . A continuation to the upper bound is likely to occur, although the general situation of BTC and ALTS are still quite bearish. An aggressive trader could enter now and take profit at the upper bound. Alternatively a more prudential trader would wait for a breakout. In case this will not...
Dear Traders, it looks quite clear that a falling wedge is forming on H4 over the support around 1000$. If the same candle will be printed on today daily timeframe the up trend is likely to restart. I would personally tempt a short term trade with SL just below the candle at 940$ and a first TP around 1134 thanks for your...
Dear Traders, The new Omicron COVID-19 mutation doesn't seem to worry that much. By the technical point of view is correlates with a strong reversal confirmed with nice HAMMER on daily chart, at least for a couple of weeks from now. Therefore, I just wanted to share with you some an easy long setups that can be taken. Thanks for your reading, please share...
Dear traders, after 27 weeks of decrease in a quiet mode and long accumulation, a possible huge movement after a breakout of the triangle is likely to occur. In this case the ETCUSD price could reach 300% of gain around 220$. In caso of a contrary break a damping down to 20$ can also happen. Let's wait and take your position. I'm personally...
Hello everybody, in the 4h and daily chart XRP is now testing a close resistance on the descending trendline, in case of a break and volume confirmation, I see the short term profit around 1.6 and then a small correction could occur. After that, if the upside restart it will confirm the continuation of the new big bullish wave up to 3 and 10 $ around the autumn...
Dear traders, BTC is very close to cross the bearish trendline, if this happen next targets 42k and 52k . On the contrary, if bears take over again it will retest the 30k support and then own to 20k. I'm personally more bullish because most of the traders have already taken 40% of profits since the ATH around 60k was touched. thanks for your observations...
Dear traders, today it seems that the bulls are taking over but we have to wait for the daily close: First step: If another HAMMER is printed beside that of yesterday we can reach the 1.8$ resistance zone, Second step: in the follows wait for a break and volume confirmation to be sure that it will continue towards 2.35$ thanks for your reading and...
Dear traders, I've updated a previous idea of a rising BROADENING WEDGE in the log scale and it seems that a bull fractal could reproduce again on the lower bound. We should wait for the price to cross over 0.45$ and more volume to have confirmation. Have a look and thanks for watching and comments! --------------------------- Discalmer ------------- Don't...
Dear traders, A double bottom pattern of BTC is ongoing, to confirm that the bullish trend will continue and the correction is over we need to wait a strong neckline breakout and then some targets are listed up to the strong resistance around 60k. In the other hand another small correction could also occur. Stay tuned! Thanks for watching and for your...