the channel, the breakdown, the fake breakout My target is to the under line of current channel
ETH/USD Analysis – Bearish Breakdown Accelerates 🔻 ETH/USD has confirmed its breakdown below $3,100, reinforcing the strong bearish momentum. The price is now testing the lower trendline of the descending channel, a key decision point for either a bounce or a further breakdown. 📉 Key Observations (Bearish Control Strengthens): 1. Clear Breakdown Below...
ETH/USD is still in a strong downtrend, with price action respecting the descending channel and making lower highs and lower lows. 📉 Key Observations (Bearish Bias Strengthened): 1. Rejection at $3,170 - $3,180 (Channel Resistance) • Price failed to break the upper trendline and got strongly rejected. • This confirms that the descending channel is still...
Upward Channel and Trendlines: The two white trendlines form a steep upward channel. BTC has broken above a prior resistance within this channel and is now approaching the upper boundary, suggesting strong bullish pressure. The price moving near the upper channel line could face resistance, so it’s essential to monitor this zone for a possible pullback or...
Not much bull now, but I want to wait for a retest or one more good signal to re-enter my short.
I am in short for get profit from wave ⑤ down. will update later
in short tern, 5min/15min chart, the price is testing the EMA 50, after break above, now retesting. If successful with a good volume bar, We can predict the wave A had been formed and now for wave B up. Be aware of incoming Federal Funds Rate and FOMC. if this event make a B wave. we can earn the C wave. I like to take the B wave in the FOMC event if the Gold...
It's would better to wait for a break through the red resistant line, but I am bullish now.
Nasdaq can hold above Andrew support line. And just break through the resistant. My target is up to 12.600. I assume ellitott wave 5th is done shorter than expected. now in ABC wave beginning.
BTC tested 3 time at resistant, now I am looking for a bounce as wave 4 to 20.700.
I focus to the violet box below. if we can break out the blue box
Market won't crash when everybody is prepared for it. my first target is Nasdaq to 14000.
My new view after FOMC, the shoulder head shoulder was invalid, now I focus to next resistant at 13000.
The triangle, the wedge, the resistant. I am looking for this up tick
Bitcoin might test the strong support at 26900 26.900 is my target
The rally will kill most of short. I am following the rally. Target to 14600. then waiting for new trend down.
BTC make a higher low from a strong support level, now we might see a up wave to 39100