MMBTtrader

MMBTtrader Mar 22, 2021

we can say that correction ends here and we would expect some rest and rise on price of the company new channel is forming here like previous time that we talked about new channel creating on gold and it formed: for now price is testing 0.5 of Fibonacci level and we are in an important zone as it shown Target: A. 780$ (22% profit ) DISCLAIMER: 1.trade...

MMBTtrader Updated  Mar 20, 2021

Hi here is an important time for start of new uptrend scenario for XRPUSD as we expected in previous analysis : Now after this rectangle that is shown on chart if and if market provide breakout on important resistance 0.50$ it would be great time for opening long position to the new targets like Target : A. 0.58$ this idea is short term and we talk about...

MMBTtrader Mar 19, 2021

As we can see Ascending triangle is completing and soon breakout and after that we would expect targets marked on chart Targets : A. 0.071$ B. 0.077$ this area considered as a range zone too and now it is ready for new pump even new high too DISCLAIMER: 1.trade carefully and have stop loss for sure 2.Past performance is not indicative of future...

MMBTtrader Mar 19, 2021

Technically we expect that market at least fall more to our target (526000) based on trendline support and 0.5 % Of Fibonacci : Why 0.5% of Fibonacci : market always is respiting the past and this analysis based on it . many other scenarios is possible now we consider them on previous analysis linked below . for example Bitcoin can start pump now and touch...

MMBTtrader Mar 19, 2021

As we can see trendline touched two times in previous days but we don't see any pump and we didn't expect huge rise for sure too and we talked about GBPUSD weakness on previous analysis and make good profit out of them like : But here on this update we are trying to show a long-term scenario for traders to consider it on their short-term trades and we expect...

MMBTtrader Updated  Mar 18, 2021

rejections on 0.5 of Fibonacci is obvious and this thing show us market is providing and continuing with bearish candles soon again now on this important zone what we expect is Red path to continue and price fall to our targets Targets : A.1.3780 B.1.3645 Notice: 1.horizontal channel some times used as a reversal pattern too if and if we have breakout here to...

MMBTtrader Updated  Mar 18, 2021

we expect Gold rise and retest previous breakout on 1760 at least ,and then if needed fall more , why 1760? because that was previous daily support that is now turn to resistance Green path : we expect that gold create new short-term uptrend at least and we can see that ,we have creation of new channel here but we should consider bear market too so beacuse...

MMBTtrader Updated  Mar 18, 2021

Green path :Gold is in an important and strong support from : 1.daily support and 2.trendline of channel lower side so we would expect at least some reversal candle and gain in price to our first target Targets : A. 1750(why? beacuse as you can see it was support on that area that turn to resistance ) B.1770 Red path :we expect gold don't fall any more from...

MMBTtrader Updated  Mar 18, 2021

As we can see Bitcoin is completing Elliott wave and we are still looking for bullish market and continuation to and important zone that is our target too ,zone looking for : 66000---68000 that is 0.27 % of Fibonacci level too and its best place for looking end of this Elliott pattern and then from that area new Fibonacci retracement set and show us the...

MMBTtrader Updated  Mar 18, 2021

Green path : Gold is in an important and strong support from 1.daily support and 2.trendline so we would expect at least some reversal candle and gain in price to our first target Target :1750(why? beacuse as you can see it is resistance and trendline will push pressure to it on that area too ) Red path : we expect gold don't fall any more from that green zone...

MMBTtrader Updated  Mar 18, 2021

wow perfect and clean every thing is obvious we have valid channel here that price touch low of channel and two rejection created on this low ,if we pay more attention we can see that price make reversal pattern on channel low and 0.5% of Fibonacci level both and last target is based on channel high and 0.27% of Fibonacci level too. Targets : A. 230$ B. 268$ C....

MMBTtrader Mar 18, 2021

AS we can see buyers are more willing to buy and creation of Ascending triangle can show us the opportunity of opening long position now What we are going to do is this that wait for breakout on triangle and continuation to upside Target: A.1.2100 Red path: if triangle completion and breakout to upside broke and we lost support shown by green line then we...

MMBTtrader Mar 17, 2021

First of all for sure we had breakout and lost that strong and important trendline why? cause retest of broken trendline completed too ✔ and now for more sureness and conformation we can see that Head and shoulder pattern is completing here and after breaking neckline(black line on price 1715) we would expect more fall all way to our targets Targets : A. ...

MMBTtrader Updated  Mar 17, 2021

Hi and welcome to this educational post: Here is some of the important Reversal Candlestick patterns : 1.Hammer : we can say lower Shadow is at least twice size of body and body close and open points are near each other (small body) and the candle formed like a hammer and beacuse of this we call that ... and hammer has high reversal potential to upside ...

MMBTtrader Updated  Mar 17, 2021

Short term analysis: Bitcoin reach new all time high in previous days and reach 60K so many news and ... pointed this huge gain but the thing here is this that, that was just fake breakout why? beacuse when price fall back to 58K for retest of previous resistance that broke no support taken and price fall hard to 53K near strong trendline that shown as <> on...

MMBTtrader Updated  Mar 16, 2021

Red rectangle shows what we expect on this analysis and what is the purpose of trade and targets are : in uptrend sometimes we have descending channels that they are short term bearish patterns before next huge rise Targets : A. 0.4700 B. 0.4960 previous fall that was expected : <> <>

MMBTtrader Mar 16, 2021

we had rejection from 0.5% of Fibonacci retracement 3 times and price continue to fall each time now on this important zone what we expect is Red path to continue and price fall to our targets Targets : A.1.3780 B.1.3645 Notice :(Green path ): if and if price break resistance and retest complete then we would have different scenario but still 0.61 % remain...

MMBTtrader Mar 15, 2021

What we expect is simply shown on rectangles : trendline broke and here is now one of the most important zone and two scenarios is available\ 1.Red rectangle and red path : price start drop hard and Ethereum has the potential too because previous high not touched and this means lower high on daily time frame and we would expect maybe even downtrend starting on...