Tag: tickmill
Type: Bearish BreakoutKey Levels:Resistance:1755.57Pivot:1711.19Support: 1646.92Preferred Case:On the H4, with price moving below the ichimoku cloud and price recently breaking the ascending trend channel, we have a bearish bias that price will drop from the pivot at 1711.19 in line with the 38.2% fibonacci retracement and overlap resistance to the 1st support at 1646.92 in line […]
Type: Bullish BounceKey Levels:Resistance: 136.676Pivot: 133.571Support: 131.36Preferred Case:On the H4, with prices moving above the ichimoku indicator, we have a bullish bias that price will rise from our pivot at 133.571 where the horizontal swing low support and 23.6% fibonacci retracement are to our 1st resistance at 136.676 in line with the 100% fibonacci projection […]
Type: Bearish MomentumKey Levels:Resistance: 16.990Pivot: 16.725Support: 16.125Preferred Case:On the H1, with price moving below the ichimoku indicator and within the descending channel , we have a bearish bias that price will rise to and drop from our pivot at 16.725 in line with the 38.2% fibonacci retracement and overlap resistance to the 1st support at […]
Type: Bullish RiseKey Levels:Resistance: 781’0Pivot: 759’0Support: 749’2Preferred Case:On the H4, with price moving above the ichimoku cloud and within the ascending trend channel, we have a bullish bias that price will rise from our pivot at 759’0 in line with the overlap support to to 1st resistance at 781’0 in line with the 61.8% fibonacci […]
The Fed will likely yield to the hawkish market expectations and hike interest rate by 75 bp today. Nevertheless, even with such an aggressive move, it cannot be ruled out that the dollar will go into decline following the meeting. Why? Since last Friday, when the May CPI was released, the dollar index has strengthened […]
Type: Bearish MomentumKey Levels:Resistance: 1.2124Pivot: 1.2057Support: 1.1855Preferred Case:On the H1, price is moving below the ichimoku cloud which supports our bearish bias that price will drop from our pivot at 1.2057 in line with the swing high resistance to the 1st support at 1.1855 in line with the 78.6% fibonacci projection and 161.8% fibonacci extension […]
Type: Bullish RiseKey Levels:Resistance: 9976Pivot: 9202|Support: 9124Preferred Case:On the H4, with price moving above the icihimoku cloud and within the ascending trend channel, we have a bullish bias that price will rise from the pivot at 9202 in line with the 78.6% fibonacci projection to the 1st resistance at 9976 at the horizontal swing high.Alternative […]
Type: Bearish MomentumKey Levels:Resistance: 0.77520Pivot: 0.77310Support: 0.76480Preferred Case:On the H1, with price moving below the ichimoku indicator, we have a bearish bias that price will drop from our pivot at 0.77310 in line with the swing high resistance to the 1st support at 0.76480 in line with the 161.80% fibonacci extension , 100% fibonacci projection […]
Type: Bearish MomentumKey Levels:Resistance: 235.2Pivot: 225.25Support: 211. 40Preferred Case:On the H1, with price moving below the ichimoku indicator and along the descending trendline, we have a bearish bias that price will drop from our pivot at 225.25 in line with the 23.6% fibonacci retracement and overlap resistance to the 1st support at 211. 40 in […]
Bitcoin On The Ropes The collapse in Bitcoin has seen the market trading down to it slowest level since December 2020 this week. Firmly hawkish Fed expectations and a resurgent US Dollar have seen risk assets crumbling recently. Bitcoin is now trading down around 70% from the all-time-highs printed last year and has fallen by […]