AndeWave

AndeWave

There is a risk of reversal and growth of course, as we have important news ahead. But for the moment I will focus on technical analysis. We had a rally and a stop earlier. There is no continuation of growth, the price is facing pressure and breaking the consolidation support.... A retest of the previously broken consolidation support is possible, but if the...

AndeWave Updated 

GBPUSD confidently continues bullish trend after 1-week consolidation. But further the price meets resistance from D1 from which, due to the volume of liquidity above the level, can form a correction Scenario: primary reaction in the form of a false breakout and correction to fvg or to the zone of interest 0.5 fibo. After that, the upward movement within the...

AndeWave Updated 

IMPORTANT! If you open a position, you need to close the deal before May 2! This is the deadline! Last gasp to gather liquidity before delisting. The pump that's happening in the coin right now is forming for a reason. An attempt to collect the last money before the shutdown It's local alt season and all coins are going up. Traders do not think much and buy...

AndeWave Updated 

XRP is breaking through the descending resistance. The breakout bar is testing the liquidity zone, but it is not going to turn around yet. Continued assault of 2.186 may lead to a break through consolidation resistance and further growth Scenario: A smooth approach and consolidation in front of 2.186 will increase the chances of resistance breakout and growth....

AndeWave Updated 

With the decline of the dollar, the Japanese yen is gaining momentum and strengthening. GBPJPY currency pair is under pressure from sellers. The price is coming out of the triangle down, the continuation of the main downward movement is possible when the support at 188.23 is broken. Scenario: Consolidation below the triangle support and subsequent break of...

AndeWave Updated 

The rally may be stopped in the zone 0.2633 - 0.2796. An attempt to retest the upper resistance zone is possible, but the very fact of consolidation below these levels will confirm a false breakout, which may affect further decline Scenario: false breakdown, consolidation below 0.2510 - 0.2633 with the purpose of continuing the fall Short-term targets: 0.2173,...

AndeWave Updated 

At the end of the week gold confirmed the formation of the trading range, support 3286, resistance 3356. I consider the continuation of realization of potential of false breakout of support as a positive scenario. If gold holds above 3313, the market may continue buying, which will lead to a rise to ATH Scenario: the price is in a local descending channel, but...

AndeWave Updated 

EUR continues to strengthen. The currency pair is supported by the falling dollar. The structure of consolidation before distribution coincides with the one two weeks ago. We are one step away from a rally Scenario: First of all, there is 1.1381 resistance ahead. If the currency pair does not fall, enters the buying zone and forms a consolidation, in this case...

AndeWave

Compared to BTC, the ALCH coin is stronger. The price is rising while bitcoin is falling and this gives us an advantage: big money is interested in ALCH. The coin has been in consolidation for the last few days. The zone of interest from D1 0.1786 is not yet reached. A false break of support could change the liquidity imbalance to a buyer's side, which would...

AndeWave Updated 

Gold is making a counter-trend correction in the early European session, most likely to confirm support or reach liquidity areas. A false break of support is a good signal for the continuation of growth Strategy: The correction is forming against the main bullish trend. The only correct decision is to look for support with the purpose of buying. False...

AndeWave Updated 

Consolidation not because the market is exhausted, but consolidation before Wednesday - a rather rich news day. A triangle is forming locally, but it doesn't mean anything, the more important figure is flat 3193.46 - 3245.40. Most likely, in order to accumulate liquidity, gold will make a correction to the support in the Asian session and only then will consider...

AndeWave

POPCAT is testing the trend resistance. The counter-trend growth is stopped by the descending resistance. Bears are not ready to give up. A false breakout is formed against 0.2143 and downtrend resistance Scenario: false breakout of resistance and correction or continuation of the trend. Consolidation below 0.2143 (or below the downtrend line) will be the entry point.

AndeWave Updated 

Paranormal volume growth and strong momentum amid the downtrend of cryptocurrencies and bitcoin. Countertrend false breakout of the resistance zone. The purpose of such a structure is liquidity Scenario: Strong growth has wasted all the potential and energy, there is no strength to continue growth. Probability of false breakout 95% Consolidation below 2.585 will...

AndeWave Updated 

EURUSD takes a chance amid a weaker dollar after the US increased tariffs on China. Euro rises with weak dollar Scenario: Breakout of downward resistance followed by a rise to the zone of interest and key resistance. A consolidation above 1.098 will signal The fundamental background is not in favor of the dollar, which is falling due to Trump's policies. Euro...

AndeWave Updated 

A sudden bullish rally amid a one-day influx of huge volume. Hunting for liquidity located in the double top zone. This situation in 99% of cases ends with a false breakout and reversal Countertrend rally to the resistance zone on the background of a bearish cryptocurrency market Scenario: false breakout of resistance 0.1721 - 0.1886 There is no potential...

AndeWave

The market is pulling back after a strong drop in the Asian session. At the moment, while bitcoin is showing -2%, BINANCE:SPXUSDT.P is accelerating by 15% in the hunt for liquidity. Possible entry into liquidity zone and false resistance breakout False resistance breakout 1) 0.5473 2) 0.6689 Market is bearish, no hint of growth A pullback is forming with...

AndeWave

A false breakout was formed in the area of 1.0400, where sellers' stop losses were collected. After that, the price rose sharply to the key resistance at 1.053. This level limits the market from further growth Support: 1.0400, 1.0475 (key retest zone) Resistance: 1.0530, 1.0629, 1.0682 Market Structure: On the lower timeframes (4H), the price has broken the...

AndeWave Updated 

- Gold is trading in a phase of deep correction after reaching local highs. - The price formed a false breakdown of the key support level, which may indicate the liquidation of weak positions before a possible corrective growth. - The dollar index (DXY) shows growth, which puts additional pressure on gold. Liquidation and reaction - There was a longs...