Maximilian_FX

Maximilian_FX Updated 

Hello dear traders! The global trend is bullish, the local trend is bearish. The fundamentals are neutral (for now). Overall, the adjustment period is not over yet. In this scenario, there is a high possibility that the price will test the channel's support and form an uptrend. In the scenario mentioned above we want to mention the breaking of the descending...

Maximilian_FX Updated 

Hi everybody. The H4 setup shows strong resistance from the market with bears holding the price amid corrections and sell-offs. It stalled after a decline around the $57,718 mark reaching the price channel limit, with the current trend an upside is possible but unlikely to last long as it approaches the resistance level. In such a scenario, the technical down...

Maximilian_FX

Hello all dear traders! A potential peak at the $74,000 region has pushed BTCUSD into a downward correction following a technical bearish wave pattern. From the 1W chart, the support at $65,500 failed to turn BTCUSD around and the downtrend continued. Both short-term and medium-term prospects show that the bearish trend is gradually strengthening. If the...

Maximilian_FX Updated 

Nice to meet you again! On the BTCUSDT H12 chart, there doesn't seem to be much change from yesterday. The current price is mainly trading under the control of the bears at the $61,000 mark. In the scenario where BTCUSDT may continue its technical downtrend, it is expected that the nearest potential target could be the $51,000 area and even the $50,000 round...

Maximilian_FX Updated 

Hello all dear traders! Just as I mentioned about the trend earlier, the support level at 61,800 USD could not turn BTCUSDT around and the downtrend continued. Currently BTCUSDT has stalled at $56,590 and technical signals show that the coin is likely to return. And if this happens, it will be difficult to last long as it approaches the resistance level of...

Maximilian_FX Updated 

Hi everybody! Happy to discuss with you the current situation of Bitcoin. Currently, Bitcoin is showing signs of a medium-term bearish trend, based on the descending triangle pattern and the 34.89 EMA showing signs of reversal (signaling a potential downtrend on the H12 chart). . Accordingly, the false breakout of this pattern is pointing towards a clear bias for...

Maximilian_FX Updated 

Hello everyone! On H1 before, we can see a changing trend, followed by a strong selling phase, reaching a level of $63,122 at the time of writing. Speaking of breakthrough: The support level at $63,200 couldn't make the BTCUSDT market turn around, and the short-selling strategy continues to prevail recently. The technical downtrend seems to be gradually...

Maximilian_FX Updated 

Hello friends! Just as I predicted yesterday, the bearish momentum of the BTCUSDT coin is still maintained as it forms a head and shoulders pattern on H1, in a potential bearish channel. It is currently trading at $63,087 marking a drop of 1.09% on the day. Overall, in the current context, both fundamental and technical are signaling a downtrend, we are waiting...

Maximilian_FX Updated 

Hello dear traders! Overall, the downtrend of SHIBUSDT continues to develop, the support level on the rising price channel cannot make this coin turn around, but the downtrend continues to develop. The bullish structure is under threat, the market is having a sharp sell-off. Expecting continued selling following the market trend, I expect the 5 Elliott waves to...

Maximilian_FX Updated 

Hi everybody. Let's discuss the SHIBUSDT strategy for the new day! As expected, SHIBUSDT broke the support level marked on the hourly chart and turned it into a new resistance level that continued to hold the price, in a wave of corrections and sell-offs. It is expected that the technical down trend will likely continue. It is expected that this sharp decline...

Maximilian_FX Updated 

Hello dear traders! Overall, BTCUSDT continues to stabilize below the $65,000 resistance level without too much movement compared to yesterday's trading session. At the same time, a cup-with-handle pattern is gradually forming on the 1-hour chart, indicates that a short-term correction is imminent, expanding the reach of short-selling investors into this...

Maximilian_FX Updated 

Hello dear traders! Today, BTCUSD continued to recover from last week's chaotic fluctuations. The price has remained stable within its trading channel and has shown an impressive recovery after approaching the lower boundary of the channel. At the same time, a bullish flag is gradually forming. Theoretically the price will quickly break the upper limit of the...

Maximilian_FX Updated 

Hi everybody! Breakout from the price increase channel has caused the product to drop in price impressively. It is currently trading at $143.63 and appears to be outpacing the bears entering the market as it not only successfully defended the breakout resistance but also sent the price plummeting 1.06% year to date. in. Overall, the bullish structure is under...

Maximilian_FX Updated 

Hello dear traders! Overall, we see a trend change, then the market moves into a consolidation phase and reaches 157.12. Sellers have less and less chance to hold the resistance zone because the uptrend is so strong. According to statistics, the strongest fluctuations are after a breakthrough. In the current scenario, as long as the 146.50 support level holds, a...

Maximilian_FX Updated 

Hello everyone, it's nice to meet you again to discuss and strategize for the new day! Overall, the 155.00 support level failed to cause SOLUSDT to bounce back and the downtrend continued, clearly moving on the 2-hour chart. Before that, the structure of the bull market was broken, which could generally determine the medium-term potential. The 153.00 resistance...

Maximilian_FX Updated 

BTCUSD Trading Strategy: BTCUSD risks are still tilted to the downside. A Descending Price Channel started to appear on D1, which usually determines our short-term outlook. It seems advisable for investors to consider strategies of selling for profits rather than buying at this time, until the designated support level is reached. From the D1 chart, BTCUSD is...

Maximilian_FX Updated 

Hello dear traders! Overall, BTCUSD is changing the structure of the market observing a broken bullish technique, which can generally determine the medium-term potential. Price is testing $64.685, aggressively defended by sellers amid a wave of corrections and sell-offs The bullish momentum in general has been exhausted, the support level of 64,685 USD cannot...

Maximilian_FX Updated 

Hello dear traders! Overall, the down trend of BTCUSDT continues to form. A flag setup is gradually forming on the 4-hour chart. Theoretically, the price will quickly break the current market structure and correct further. This can generally determine the medium-term potential. The price is testing the 0.618 and 0.5 Fibonacci levels equivalent to the $64,801 and...