M4Academy

M4Academy

Description: Price is reversing from our pivot at 0.77666, in line with 61.8%, 23.8%, 88% fibonacci retracement and horizontal graphical overlap. Where we could see a drop under this level towards the 1st support. Otherwise, a break above this level may see price swing towards 1st resistance. Do note that price is trending under the moving average and MACD is...

M4Academy

Price is facing bearish pressure from our pivot, in line with the horizontal swing pullback resistance, 23.6% fibonacci retracement and 61.8% fibonacci extension where we could see a further drop below this level to our first support target. Failure to hold below the pivot level could see prices swing towards our first resistance target at 174186. Pivot:...

M4Academy

Description: Price is testing our pivot at 0.78449, in line with 61.8%, 127 fibonacci retracement and horizontal graphical overlap. Where we could see a drop under this level towards the 1st support. Otherwise, a break above this level may see price swing towards 1st resistance. Do note that price is trending under the moving average and MACD is under the 0 line,...

M4Academy

Price is facing bearish pressure as it continues to hold below the descending trendline resistance in line with our bearish bias. We expect a medium probability bearish drop from our pivot towards our 1st support at 1.25213. Otherwise, a break above the pivot should see price swing towards 1st resistance at 1.27119. It is worth noting that the Stochastic indicator...

M4Academy

Price is testing our pivot, in line with our graphical swing low support, 38.2%, 76.4% Fibonacci retracement and 127.2% Fibonacci extension. We expect a medium probability bounce from our pivot towards our 1st resistance at 1.22429. Otherwise, a break below the pivot should see price swing towards 1st support 1.21096. It is worth noting that price is holding above...

M4Academy

Price is facing bullish pressure from the ascending trendline support as well as horizontal pullback support level which coincide with the 127.2% fibonacci retracement level as well as 100% fibonacci extension level. Prices might push towards 1st resistance which coincides with 100% fibonacci extension and -27.2% fibonacci retracement. If price breaks below the...

M4Academy

Description: Price is facing bullish pressure from our pivot, in line with our graphical overlap support level and 38.2% fibonacci retracement level where we could see a further upside above this level. Failure to hold above our pivot level at 31193 could see price drop towards our first support at 30737. Pivot: 31193 Supporting Points: 38.2% fibonacci...

M4Academy

Description: Price is testing our pivot at 0.79777, in line with 161.8%, 23.6% fibonacci retracement, 127% fibonacci extension and horizontal graphical overlap. Where we could see a bounce above this level towards the 1st resistance. Otherwise, a break beneath this level may see price swing towards 1st support. Do note that price is trending above the moving...

M4Academy

Price is facing bullish pressure from the ascending trendline support as well as horizontal pullback support level which coincide with the 23.6% fibonacci retracement level as well as 100% fibonacci extension level. If price breaks below the ascending trendline, price might drop to 105.557 1st support level which coincides with 200% fibonacci extension as well as...

M4Academy

Price is testing our pivot, in line with our graphical swing high resistance and 23.6% Fibonacci extension. We expect a medium probability bearish drop from our pivot towards our 1st support at 1.21354. Otherwise, a break above the pivot should see price swing towards 1st resistance at 1.21914. It is worth noting that the Stochastic indicator is approaching the...

M4Academy

Price is facing bearish pressure as it continues to hold below the moving average resistance in line with our bearish bias. We expect a medium probability bearish drop from our pivot towards our 1st support at 1.254571. Otherwise, a break above the pivot should see price swing towards 1st resistance at 1.25985. It is worth noting that MACD is also holding below...

M4Academy

Price is facing bullish pressure from our pivot, in line with our horizontal pullback support level and 38.2% fibonacci retracement level where we could see a further upside above this level. Failure to hold above our pivot level at 3894.4 could see drop towards our first support target at 3828.9. Ichimoku cloud and EMA are showing signs of bullish pressure as...

M4Academy

Price is facing bearish pressure from our pivot, in line with the horizontal swing high resistance and 61.8% fibonacci retracement where we could see a further drop below this level to our first support target. Failure to hold below the pivot level could see prices swing towards our first resistance target at 1816.86. Pivot: 1805.03 Supporting...

M4Academy

Price is facing bearish pressure as it continues to hold below the moving average and descending trendline resistances in line with our bearish bias. We expect a medium probability bearish drop from our pivot towards our 1st support at 1.25408. Otherwise, a break above the pivot should see price swing towards 1st resistance at 1.26397. It is worth noting that MACD...

M4Academy

Price is facing bearish pressure from our pivot, in line with the horizontal overlap resistance and 61.8% fibonacci retracement and 61.8% fibonacci extension where we could see a further drop below this level to our first support target. Failure to hold below the pivot level could see prices swing towards our first resistance target at 28.3300. Pivot:...

M4Academy

Price is facing bullish pressure as it continues to hold above the Ichimoku cloud in line with our analysis. We expect a medium probability bullish rise from our pivot towards our 1st resistance at 1.21456. Otherwise, a break below the pivot should see price swing towards 1st support at 1.21293. Pivot: 1.21456 Supporting Points: 61.8% Fibonacci retracement, 50%...

M4Academy

Description: Price is bouncing from our pivot at 0.79119, in line with 50%, 78.6% fibonacci retracement, 61.8% fibonacci extension, moving average support and ascending trendline support. Where we could see a bounce above this level towards the 1st support. Otherwise, a break beneath this level may see price swing towards 1st resistance. Do note that price is...

M4Academy

Description: Price is facing bearish pressure as it is trading below the resistance level at 105.61 where the 76.4% fib retracement and 100% fib extension are. A drop from our pivot at 105.61 towards 1st support at 105.22 could be possible. Failing to edge below the pivot would see price swing towards 1st resistance where the horizontal pullback resistance is. ...