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BTCUSD finally received strong resistance and pressure of 50KThe main resistance zone pressure is started and we prices like 51500 are now strong and important number if reaches, because as you can see our range zone based on this (0.61% of Fibonacci retracement level). If we have a breakout here to the upside then the price can easily continue pumping and reaching previous ATH or even 80K and ... Targets and supports ahead: A. 46000$ B. 44000$ C. 40000$ DISCLAIMER: ((trade based on your own decision )) <>
COINBASE:BTCUSDShort
by MMBTtrader
15
BTCUSD local Head & Shoulders is forming near resistance zone Short-Term Analysis This analysis is for short-term traders and we are looking for a deep fall in the next hours only if neckline breaks and we receive that confirmation of fall. Targets and supports ahead: A. 47000 B. 45000 C. 41000 Notice: if this pattern doesn't complete then take look at what we said in the previous analysis linked below(daily chart also). DISCLAIMER: ((trade based on your own decision )) <>
Short
by MMBTtrader
33
BTCUSD heavy fall is ahead from fiboancci resistance zonesthe fall and correction already started and the reasons mentioned in previous analysis a lot (like 0.5% of Fibonacci retracement level) now we have three possible scenarios that all are Bearish: First: continuation of fall from this area and reaching targets like 42K--40K Second: again price start to show some strength then we consider right shoulder for this rise and creation of Head & Shoulder and then again deep fall. Third: if and only if the price was strong enough to break 0.5% of Fibonacci level then 0.61% as the main resistance zone will dump price. DISCLAIMER: ((trade based on your own decision )) <>
BYBIT:BTCUSD.PShort
by MMBTtrader
122
Is EURO/USD in danger?Welcome to this exclusive update on EURO/USD weekly chart. This is my first-ever T.A on Currencies and I look forward to publishing more T.A on the stock markets as well as the cryptocurrencies. Let's dive in. The EURO/USD is in a bad shape right now. The current moving averages (21 & 50) are forming a bearish crossover in the weekly chart. If you look into the chart then you will clearly notice what happened last time when we had a similar bearish crossover. The EURO/USD dropped almost 9% ($1.17446 to $1.06378) and from that level, it bounced back forming a support line. The current price is $1.16754 (While I am publishing this chart) and we have a thin layer of support at $1.16. We may possibly see a bounce from this support and if it can hold the price above the support for a couple of weeks then the price may bounce back to the $1.2 level. TBH, I am biased with the fall towards the lower trendline (the support). The EURO/USD may possibly fall 8% from the current price so do your own investment carefully. If you like this idea then do like, and share your views in the comment section. Also, if you want me to make T.A on any charts then do DM me or write it down in the comment box. Thank you. Note: This ain't financial advice. I have done my own research and trading at my own risk. So, do your own research before investing.
Short
by Dexter_The_Trader
BTCUSD Double Top is forming and only after that dump is ahead As we can see the price was bounded here for about 2 days and in lower timeframes, it is creating reversal patterns like this double top if the price sees some more correction and break this local support and neckline then a huge fall is ahead. price need to retest Fibonacci levels and at least 0.38%. Targets and supports ahead : A. 42500 B. 40000 C. 37300 DISCLAIMER: ((trade based on your own decision )) <>
BITSTAMP:BTCUSDShort
by MMBTtrader
48
BTCUSD again touch strong resistance of trendline and is fallingAs we said before, there are two main resistances here after this 60% pump: First: 200 MA resistance of daily timeframe that we had analysis about it linked below. Second: New trendline that formed in lower timeframes like 4H and we can see it in the chart. So we need correction here technically and we are looking for targets like: A. 41600(50 MA support) B. 38000 DISCLAIMER: ((trade based on your own decision )) <>
BITSTAMP:BTCUSDShort
by MMBTtrader
12
BTCUSD 200MA & resistance zone can dump price or more pump?200MA is a strong resistance zone here for bitcoin and it can dump price soon, price break it once around 20-22 May, and retest near 26 May. But now bitcoin again reaches this resistance zone after 55% pump and without any heavy correction as we can see on the chart. so we may have some local range or correction here maybe retest 0.38% and 0.5% of Fibonacci levels and then the continuation of pump. Targets and strong supports ahead: A. 42000 B. 39000 C. 37000 DISCLAIMER: ((trade based on your own decision )) <>
BITSTAMP:BTCUSDShort
by MMBTtrader
46