Predictions and analysis
There was a very accurate pattern that revolved around Bitcoin's halving event where we would see massive growth after the halving. Cyclical patterns are valid and true until they are not. The halving pattern is now in question because the market is no longer the same. Some people are still following this pattern, this old map, but the pattern broke even before...
Chart Patterns
The measurements of the chart pattern can be used to project the next price movement and what target to aim for. These patterns can either be traded aggressively (with less conformation) or conservatively (with more conformation) so the rules of entry and exit can vary. It's easy to calculate the reward / risk for them, which is important to know before entering a trade.
Comment your altcoin, and I will make a technical analysis for you! Bitcoin is almost ready to start a new and last huge wave to the upside! My target is around 130k for multiple reasons, which I will tell you in this analysis. But what happens after Bitcoin hits 130k? We all know that Bitcoin is extremely volatile, and during its bearish cycles, a 70% - 80% is...
Bitcoin produced a small and short two days bounce and once more, like clockwork, finds resistance at MA200... Bearish bias confirmed. Good Sunday my fellow Cryptocurrency trader, how are you feeling today? What is happening? What is happening with the chart? What is happening with the market? What is happening with Bitcoin? What is happening is the...
As I had expected in the ✅ previous post ✅, Bitcoin started to pump after a Bear Trap . Bitcoin is currently moving in the Resistance zone($63,470-$62,340) and near the upper line of the Descending Channel , and 200_SMA(Daily) . I expect Bitcoin to drop to at least the Support zone($61,840-$61,450) . ⚠️Note: The probability of forming a Bull Trap...
NeiroETHUSDT is currently trading within a potential symmetrical triangle formation. Our immediate focus is on the supply zone, which is expected to push the price down towards the buy-back zone. If the price manages to break above this supply zone, we will look to initiate buying on a pullback, aiming towards the upper trendline of the pattern. Target areas...
Currently, the price of gold is hovering around **$2656.99**. Recently, gold has seen a slight increase, driven by several factors such as inflation concerns, recent CPI and PPI reports, and geopolitical tensions. Key Influencing Factors: 1. Persistent Inflation: Recent CPI and PPI reports show that inflation remains slightly above expectations, keeping gold...
Hey Everyone, Once again a great start to the week with our 1 chart idea already playing out to perfection!! We got our Bullish target 2663 hit followed with no cross and lock confirming the rejection into our bearish target 2654. We then got our cross and lock below 2654 opening 2646, which was hit perfectly. 2646. 2646 is also currently giving the weighted...
🔸Hello traders, today let's review 1hour price chart for gold. Strong V-shape recovery in progress off the recent lows, however heavy overhead resistance will trigger a pullback from S/R levels overhead. 🔸Strong resistances at 2665 and 2675. key S/R bulls at 2635 usd. currently getting overextended so it's recommended to focus on short selling rips/rallies from...
Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price a few moments ago entered a downward pennant, where it soon declined to the resistance level, which coincided with the seller zone and broke it. Then the price dropped to the support level, and even later entered the buyer zone, where it reached the...
GBP USD all details on chart . Can be a good profit in long . Entry after a good green candle . good luck
Hi folks today I'm prepared for you Gold analytics. Some days ago price declined to support 2, which coincided with the support zone, and some time traded near this level, even falling to the support zone. Later XAU dropped to the trend line and then started to grow inside the pennant pattern, where it rebounded from the support zone and rose to support 1, which...
EUR/USD Price Analysis and Potential Trading Scenarios EUR/USD reached the 1.0955 zone on October 4th and has been oscillating around this level for about seven days without a clear direction. On October 9th, the price broke through this minor support zone and is holding below, indicating slightly higher bearish momentum but nothing significant. The US CPI and...
The GBP/USD pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around...
Imagine Bitcoin at $100,000 or $120,000. Say, Bitcoin starts growing now and by November 15 reaches a prices tag of $118,000, what now? In just two months Bitcoin moved from $42,000 to $74,000. After reaching $74,000 Bitcoin has been sideways with a downward bent now for 7 months, since 14-March. Exactly 7 months. Bitcoin hit a low in June 2022. It went below...
Bitcoin ( BINANCE:BTCUSDT ) managed to break the Upper line of the Descending channel and 200_SMA(Daily) . Bitcoin is attacking the Heavy Resistance zone($67,400-$64,740) . In terms of Elliott wave theory , Bitcoin seems to be completing microwave 5 of the main wave 3 in the 15-minute time frame , so main wave 3 seems to be extended . I expect...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price traded inside flat, where it declined to resistance area, which coincided with $1.1125 resistance level. Next, price bounced and tried to grow, but failed and started to decline inside falling channel, exiting from flat. In channel, EUR broke...
Dear colleagues, I believe that at the moment we have a great opportunity to find an entry into a short position that will bring us many pips. The fact is that the wave “2” of the middle order is completed, which means that the wave “3” of the higher order continues the downward movement in the wave “3” of the middle order. I expect the price to rise a bit more...
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price rebounded from the resistance line, and fell to the support line, breaking the 1.1135 resistance level, which coincided with the seller zone. After this, the price bounced from the support line and started to grow to this level. When it reached it, EUR some...