Priceline of XLM / US Dollar has formed a bullish BAT pattern and entered in potential reversal zone and ready to hit the sell targets soon insha Allah.
But the volume profile is still showing the traders interest below the PRZ area even the POC of volume profile is also below the potential reversal zone, therefore I would suggest for secure trade we can wait for stochastic to give bull cross and for the MACD to turn weak bearish from strong bearish atleast upto 2 week chart and also use the potential reversal zone as stop loss (In case the candle stick will be completely closed below the potential reversal zone).
I have used Fibonacci sequence to set the targets.
Link of my previous xlm video:
https://youtu.be/xoypsQvgJpg
Link of my previous xlmusd tradingview charts:
https://www.tradingview.com/chart/XLMUSD/6Em0ethr-XLMUSD-completing-shark-pattern-Upto-115-percent-profit/
https://www.tradingview.com/chart/XLMUSD/P1KMv1cp-XLMUSD-has-formed-bullish-CRAB-pattern-and-entered-in-PRZ-area/
Link of XLMUSD current chart:
https://www.tradingview.com/chart/XLMUSD/TumdqYkc-XLMUSD-has-formed-a-bullish-BAT-Upto-596-possibility/
Youtube channel for signals and trading educational videos:
https://www.youtube.com/channel/UCiDj9x2tLUNgaXQgefJWikQ
Facebook page for signals and trading educational videos:
https://m.facebook.com/Moontriple3
Telegram signals:
https://t.me/moontripple3
Link for best crypto trading exchange:
https://www.binance.com/?ref=11256882
...
https://www.youtube.com/watch?v=QOMjLtWIBrY
The bitcoin is moving within a falling wedge .
The next big bull run depends on breakout of resistance of wedge and $13174 resistance.
But the BTC looks like out of gas between the area of 0.382 to 0.786 Fibonacci (the Fibonacci retracement from tail to support of the triangle)
Now its seems to be that the BTC is moving down step by step on day chart from the moving averages.
1st we can see the BTC hit the 25MA on 2nd july and moved up and then broke down the 25MA then 2nd time the price action hit the 50 moving average from 15 july to 18 july and bounced up, and now hitting the 50MA support again.
After 24 jun we can see the lagging span of ichimoku cloud is turned bearish again and the cloud is also getting reversed to bearish sofar the bearish cloud is not visible but once the candle sticks will cross down the bullish cloud (as candle sticks are hitting at bottom of bullish cloud at the moment) then the cloud will be completely reversed to bearish .
And as a result the price action can break down the 50MA and hit the 100MA and it will be a third step down.
And in case of breaking down the 50MA the price action can break down the support of wedge and will form a symmetrical triangle.
The 100MA is already at the support of that proposed symmetrical triangle.
Sofar the MACD on day chart is weak bearish once it will be turned strong bearish then possibility of hitting at 100MA will be confirmed.
But if MACD will be turned weak bullish from here then it can be positive sign and the price action can be bounced from 50MA again for one more attempt to breakout the wedge resistance.
The bearish head & shoulder pattern is also appeared which can be seen clearly upto 4hr chart.
The next bull rally purely depends on:
1st the breakout of the resistance of falling wedge .
2nd breakout the resistance of $13174.
Link of tradingview bitcoin idea:
https://www.tradingview.com/chart/BTCUSD/00sByZhq-Bitcoin-moving-down-step-by-step-from-simple-moving-averages/
Youtube channel for signals and trading educational videos:
https://www.youtube.com/channel/UCiDj9x2tLUNgaXQgefJWikQ
Facebook page for signals and trading educational videos:
https://m.facebook.com/Moontriple3
Telegram signals:
https://t.me/moontripple3
Link for best crypto trading exchange:
https://www.binance.com/?ref=11256882
...
https://www.youtube.com/watch?v=s4SamL6Tf18
Priceline of Litecoin / Bitcoin cryptocurrency is forming harmonic patterns with continuity.
1st the price action formed bullish Shark pattern and gave more than 168% profit, now it has formed bullish BAT and entered in potential reversal zone.
Price action is hitting the support at 0.007001 sats which is not broken since Oct 2017.
Volume profile of both patterns together is showing less interest of traders below 0.007001 sats strong support.
Volume profile fixed range of only current butterfly pattern is showing low interest of traders within potential reversal zone so there are more chances that the price action will take bullish divergence from here soon insha Allah, however for secure trade we can wait for next candle stick to open and close sideways within PRZ area.
I have defined targets using Fibonacci sequence.
Link of my LTCBTC tradingview published chart:
https://www.tradingview.com/chart/LTCBTC/3NB3YRGQ-LTCBTC-formed-a-bullish-BAT-pattern-Upto-101-expected/
Youtube channel for signals and trading educational videos:
https://www.youtube.com/moon333
Facebook page for signals and trading educational videos:
https://m.facebook.com/Moontriple3
Telegram signals:
https://t.me/moontripple3
Link for best crypto trading exchange:
https://www.binance.com/?ref=11256882
...
https://www.youtube.com/watch?v=TFGGeDfqUAE
The priceline of Civic / Bitcoin cryptocurrency is moving within a pennant.
RSI is already in oversold zone and force index is moving sideways with zero point.
The price action has hit the support of bollinger bands.
Indicating that the candle sticks can breakout or breakdown.
The volume profile is showing weak interest of cryptocurrency trading at the support.
I have used the Fibonacci sequence to set the sell targets you can find in video.
The price action can take bullish divergence from here insha Allah.
Link of Civit / Bitcoin tradingview chart:
https://www.tradingview.com/chart/CVCBTC/4ODhf5o0-CVCBTC-a-breakout-expected-A-big-move-upto-2895/
Youtube channel for signals and trading educational videos:
https://www.youtube.com/channel/UCiDj9x2tLUNgaXQgefJWikQ
Facebook page for signals and trading educational videos:
https://m.facebook.com/Moontriple3
Telegram signals:
https://t.me/moontripple3
Link for best crypto trading exchange:
https://www.binance.com/?ref=11256882
...
https://www.youtube.com/watch?v=YuZ9FURw4Ds
In this video you will see the moving average strategy and moving average crossover strategy the golden cross strategy and death cross strategy and how to use these crossovers in trading one of the best moving average trading tricks. These crossovers can be very useful in stock trading (like apple, dow jones and s&p 500) and commodity trading (like gold, silver, crude oil) forex trading (like eurusd, jpyusd, cadusd) and bitcoin trading, altcoin trading and all other digital assets and crypto currencies trading. Understanding stock market golden cross and stock market death cross will be more easy. This moving average method will make easy to get confirmation of breakout and breakdown and up trend and down trend will be more easy using these crossovers, moving average forecasting will be more easy. in my previous video the moving average explained in this video you can also see the recap of that video. I have explained the moving average crossover secrets by combining moving averages to trade breakout strategy and breakdown strategy it can be 100% winning SMA strategy, this will be really a predictive moving average cross technique you will learn from this video to how to enhance your moving average crossover strategy and you will start believing that moving average crossover strategy really works, this video will give you best intraday trading strategy and intraday trading tips and tricks using moving average crossovers using 50 200 day moving average crossovers and you will know that 50 and 200 moving averages are best golden crossovers moving average strategy infact it is really a best moving average combination and I have used just simple moving average (SMA) formula.
https://www.tradingview.com/u/moon333/
Previous video's link to understand the basics of moving average:
https://youtu.be/5KcGAkiDdvU
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https://www.youtube.com/watch?v=1WDG5a9bbzM