Bitcoin Price rejected by daily channel's upper line, ( Orange Circle ) In the chart the strong support levels are visible orange rectangle about 44300 and 42700 and the price is going to test this levels / also this levels are equal to 0.382 and 0.50 Fibonacci retracement levels of previous uptrend so it makes these levels more stronger , but currently the...
TRX has made ( mostly completed ) chart pattern ( cup and handle ), this is a bullish chart pattern, and relative to good news about Tron and the channel direction, First Target is 0.08, and Second Profit Target will be 0.09, and Long term trade and holders targets are 0.1, 0.11, 0.13 or Higher relative to fundamentals and statistics,
Bitcoin is making Higher lows and a little Lower Highs in Daily chart/ Shows Buyers are buying on higher levels compare to previous low (Bulls are more and more sure) - But Seller are trying to sell at previous Resistance (They are not sure about the down trend) and price is consolidating now. BUT It is making a continuation pattern (Rising Wage) - And Tells the...
Red Line (Original Down Trend) Blue Line(Short term timeframe) Price couldn't break The very strong support @ 1.08 if The price successfully break the Blue Downtrend line the maximum Long Target will be below the orange line about 1.128
1.2900 Level is Both Monthly (Down Trend Line) and 0.382 Fibonacci Level 1.2641 is a very Strong Support Level and Price is rejected by this level and ranging between this level and a minor resistance 1.2569 , it is very possible to breakout 1.2569 resistance level and (Target=>) touch Monthly Trend line but if break out support level, short target is 1.2297 then...
GBPUSD was in a downtrend and touched the support level about 1.3363, and temporary reversed to the long side (BUT) it is reaching to the upper trend line. ( also you can specify the perfect 5-way impulsive downtrend ) I think impulsive wave is completed too. so there is 3 scenarios: 1- touch the trend live and return to continue downtrend 2- break the trend live...
Tron (TRX) has breakout down trend to long side during the crypto market decrease and bitcoin fall, and It is very good news for Tron. Also total number of Tron Network transactions grow more than bitcoin number of transactions. You can see 0.061 is very very strong support level and the target for TRX is Fibo Level 0.236 and 0.382 levels at least.
We are reaching the end of the week and it seems bitcoin is closing below the 40000 , if close below this level next target for bitcoin is 35000. Also you can see very fine shape down trend (red line) in daily chart. if Bit price rejects from 35000 a small pullback will touch the trend line. if the bulls not enough the down trend will continue further.
TRX is about 9 cents and it is a good place to buy, also it touches trend line, I have predicted this trend line touch before, now down trend is weakening a false breakout is also possible but the trend will reverse and touch 0.105 for first target, next target will be 0.118, incoming uptrend may continue to 0.13 BUT it is related to the momentum between first and...
Orange lines (Very long term, Weekly trend line and channel) Blue line (Medium term, daily chart...) Green lines ( Very short term H4....) if the daily candle closes below the blue trend line The XLM may continue short... scalpers can buy on green trend line.... for long term investors it is better to wait till price to reach long term trend line (Lower orange line)
Now Bitcoin is a downtrend but is seems it likes to fluctuate around too, if closes again below the 60,000 it is possible to continue downtrend till 54,000. but if closes above 65,000 next target may be 70,000. But in my opinion 54,000 is more possible.
GBPUSD has reached to the trendline target during yesterday news and bounces and it was not able to break the trend line, TP1 and TP2 has chosen using Fibonacci levels and previous swing lows ...
now USDCHF is in a long term downtrend ( daily chart) if it break the support at 0.98000 it may continue fall to level 0.97300 but if it break the resistance level at 0.98400 the trend may change and it may become an uptrend and it is very possible.
Every major levels I have drawn by Maroon color is equal with one of Fibonacci retracement level, then they are very strong levels. Bitcoin now is in a perfect downtrend, but it was rejected from lower trend line ( lower wage pattern line) , It may touch upper wage line and [if rejects go [ ]] and sell BTCUSD.
-A flag pattern has made -if price breaks the channel (Enter) -sl below the previous support level (maroon dashed line) -tp a little below the next resistance level (green dashed line)
The doge price reached to a key level but it was unable to pass the resistance level and it made a lower high (with account the shadows) or a double top (without account the shadows). Extremely SELL and the profit target may be somewhere about 0.00000025BTC
1.11500 zone is a strong support level and also equivalent with 50% Fibonacci retracement level, so makes the level more stronger, I think just bad news about euro ecosystem's fundamental can break this level.if you see bullish sign after bouncing off from this level go LONG. Also it can bounce off from 38.2% Fibonacci retracement level and continue uptrend but...
I have reviewed many fundamental parameters and CAD interest rate is decreasing. also USD's interest rate is not changed more than CAD. THE currency pair ( USDCAD ) has broken the resistance level and it must retest it at 38.2% of Fibonacci retracement level. and then continue to rise about 1.31300 level or maybe higher ( but wait for economic data ).