AU is currently testing previous support of area 0.64563 after being rejected at a key resistance area, if price respects this area and gives us a close above and then the next hour candle closes bullish. This support would hold true and would be still valid. If that happens we should see price push back up to the retracement area which is the Gold Zone on the...
Australian Dollar/Canadian Dollar look bearish from this point. what it's a good place to put a sell order limit. Personally, I put my sell order limit to $0.8655 CAD. Stop Loss to $0.8692 CAD and take profit to $0.8564 CAD. We have the chance to get 91 pips in earnings. What I analyze this par using Fibonacci for reversion and impulse, and we could to have...
Euro/Yen Japanese it's look bearish from this point with high chance to short in this right direction. Remember that in macrotrend we're bullish, but right now in medium term we see a break in the trend. What I see a bearish setup in EUR/JPY that could to find down like 150 pips. I entry around $141.37 JPY, Stop Loss to $142.03 JPY (64 pips) and target to...
In the weekly timeframe, Bitcoin drop the mark of $20,000 USD, The price it's around $18,900 USD and I suppose that Bitcoin could to reach the next support to $13,896 USD in what I mark here. Also, Bitcoin could to be in the rane of $12k and $14k of possible consolidation to watch and to look if this will be the end of the bear market. Another possible it's that...
Great Britain Pound/U.S. Dollar still bearish in this point what I see in the 0.382% Fibonacci level, and also, we're in the exactly point in Daily to short GBP and combining with fundamental analysis, GBP still fall in the trend in front of U.S. Dollar. The Daily timeframe still bearish in GBP and I hope that this could be a good position to short!!! I hope...
In this Daily analysis, I will share my thoughts about my perspective in this cryptocurrency. I see a bearish movement that XRP could to hit $0.24 cents soon. And also, analyzing the 3 Daily chart, still bearish in this way And to share in this weekly timeframe, have 2 possible perspective to watch. 1) XRP could to reach $0.22 cents. In that point, I...
In this Daily overview, I want to analyze Bitcoin in Daily timeframe and I see that the price could to crash to $22k. Unfortunately, we're in this bear market and Bitcoin loss the EMA 200 and the price i's below of the EMA 200, the main filter of trend indicator. So, I hope a crash in Bitcoin to $22k. I hope that this idea support you!!! My advice it's...
Cardano it's look extremely bearsih as we expect the litle bull reversal, the asset it's ready for another crash to hopes I will entry around $0.53 cents and SL to $0.648 USD. And my take profit will be around $0.30 cents. I see a clearly resistance zone at 0.618% and I hope that price move to -0.278% Fibonacci zone to take profit. I hope that this analsyis...
Solana continue in this drop. This it's my update of what in this morning I put a sell order limit in Solana at $90 USD and touch my sell order limit and I'm in this trade. So, I short Solana right now. This it's my forecast, as we ending this formation of ABC pattern, we see a potential that Solana forming a new Elliot Wave Cycle htat it's leading to the $60 dollar
Hi guys, I know that cryptocurrencies are in panic during the began of this week and Bitcoin, Ethereum, Chainlink, Cardano, XRP are crashing. For that, based in the technical analysis in Daily timeframe, Bitcoin it's look so bearsih and there're not any good news for Bitcoin. In the market with Forex, the U.S. Dollar it's becoming stronger than any asset, I know...