After the Black Swan, BINANCE:BTCUSDT went down, wiping out tons of positions. As we can see, the market is continuing to move downward, even though there are a there are a couple of days left until the halving. It could be two scenarios. First, take liquidity below the key level of 60K, then move upwards. The second scenario is sweeping the local highs and lows...
The price perfectly fulfills my last idea. It hit the target level. BINANCE:BNBUSDT has been making lower lows. It made a pullback, then continued updating LL. As you can see, the market has calmed down after falling. The main idea is that the market will probably move sideways, building liquidity above and below the range zone, which is basically the...
The price perfectly fulfilled my previous idea. It hit the target level. BINANCE:ADAUSDT went straight down, breaking through the support level. It broke and closed below the key level at 0.50. This opens the door to lower levels. I think the market might move down to retest the recent support level. If the market makes a retracement toward resistance around the...
The price perfectly fulfilled my last idea. It hit the target zone. The price bounced off the support level. OANDA:XAUUSD is ranging by forming a traingle pattern. On the daily timeframe, it is an inside bar formation. The price might continue to range because we had a massive sell-off before. I think the market may keep moving sideways; squeezed in the shape of...
The market is approaching the main resistance at 1.72760. The price has broken through the downward channel. FX:GBPCAD is moving sideways below the resistance zone. I think the price is going to take liquidity above the potential range zone and then move down because, if you look at the daily timeframe, the market has been pushed down multiple times from this...
The price reached the support level and struggled to make a new extension downward. Even though FX:EURUSD made a weak lower low, which suggested that bears are not ready to sell at current prices, the market formed double-long-tailed bars at the support level. We can see that it keeps rebounding above key level at 1.06000. The price is also forming a potential...
The OANDA:XAUUSD market rallied again in the trading week, showing a lot of momentum movements. On the weekly timeframe, gold showed three consecutive bullish candles in a row without any pullbacks. A pullback should represent a good buying opportunity. However, the last weekly candle closed, forming a long-tailed bar, which means there was bearish pressure. I...
The price perfectly fulfills my last idea. It hit the target level. FX:EURAUD rejected the resistance by forming a long-tailed bar. The market is moving sideways near the resistance zone. It does not show signs of bullish strength. It is worth noting that the price broke the previous week high. I think the market will take liquidity above the PWH and then roll...
The price perfectly fulfilled my previous idea. It hit the target level. FX:EURUSD is making lower lows, showing bearish dominance. On the weekly timeframe, the market formed a huge bearish candle. The price has broken through the key level that was holding price since the beginning of December. Most likely, the price is going to continue moving downward towards...
BINANCE:DOTUSDT has been making lower lows as the whole market plunged a few days ago. There is a high likelihood that the market will continue falling, testing the lows. I think the market might just move sideways before there is a clear trend. I expect the market to move downward to an even number at 5.00. Notice the market forms a range zone, followed by a...
The price perfectly fulfills my last idea and it went down from resistance and hit the target level. FX:AUDJPY is in an downtrend and made new low after breaking range zone. The market formed double top then broke the upward channel by making impulse leg. I think the it will go down and test the support level because it broke range zone and channel, additionally...
In a week, another bitcoin halving is expected to take place, which is expected by many cryptocurrency traders. Cryptocurrencies are still a dark horse for traders: sharp price fluctuations in both directions, high volatility attract traders with the supposed simplicity of making money. And although many consider the industry a bubble, there are still enthusiasts...
The price perfectly fulfilled my previous idea. It hit the target level. BINANCE:SOLUSDT plunged as other crypto assets. It hit the support level and went sideways. Overall, the markets are in the correction phase. I think the market might continue moving sideways, which means accumulation, followed by distrubution upside. Although the market may react to BTC...
BINANCE:BNBUSDT has been making higher highs on the daily timeframe. However, on the 4H timeframe, the market is moving sideways. It is forming the triangle formation, which is a trend continuation pattern. The price bounced off the bottom of the pattern. It is heading toward the top of the triangle. If you look at the weekly timeframe, it took liquidity below...
The price of BINANCE:AVAXUSDT has been making lower lows in the downward channel. The market made a consolidation zone, then broke through it. On the weekly timeframe, it's approaching the demand zone. I think the market might move below the round level at 40.00; take liquidity below it, then move upward. On the daily timeframe, we have a slightly different...
The market overall is moving sideways. BINANCE:BTCUSDT pulled back from the 72K resistance zone. Below we have an upward trendline that was holding price for the beginning of March. I think the market will compress before the extension. If the market retests the support level and trendline, we have a high chance of moving upside. On the weekly timeframe, it...
BINANCE:ADAUSDT has been building bearish pressure. If you zoom out, you can see that the price was hitting the support zone 0.5600-0.5700 for over a month. Basically, it is building a descending triangle where we have equal lows and lower highs. Most likely, the market will break through the support level and retest the lower prices. Probably the flat number at...
The price perfectly fulfilled my previous idea. It hit the target level. FX:EURUSD went straight down without giving us a pullback. It broke and closed below the key level at 1.07000, which is the previous day low. This opens the road to lower prices. I think the market might move down to November open prices. If the market makes a retracement toward resistance...