We initially set our maximum target at $510, and the price climbed to $531—a difference of only about 4%, which is quite close given the magnitude. We're satisfied with our analysis so far and want to stay within this timeframe. While it's possible that Waves 3 and 4 haven't fully played out yet, we need to consider that Wave 5 in Meta often tends to be longer....
BTC/USD on the Daily BTC is moving inside a rising wedge with a support that goes back to October of 2023. Rising wedges have a bearish bias. If the rising support fails to hold, the 50/100 SMA area will likely get a test, and possible the 200 SMA, both of which coincide with major order blocks. First order block lines up with the .236 fib retracement...
Hello Agn, I am sending you this message in a hurry and hope you receive it quickly. I want to inform you that I missed my chance to enter yesterday, but now I have another opportunity to go in and see some higher prices. However, this decision is risky, so please remember to manage your risk and enter with the minimum possible risk. Think of it as a fun...
Upon examining the monthly gold chart, it appears there could be a significant price drop, a secondary scenario in our analysis. We don't foresee a 50% decrease in the near future, though it's not impossible, especially if the market downturn affects all sectors, including gold. It's crucial to consider all possibilities due to market unpredictability, even a drop...
The chart currently displays a rising wedge pattern on BITSTAMP:BTCUSD , a configuration often preceding a bearish reversal. Despite the recent price decline, the market trend is still upward, and prices are consolidating within the expected range. Currently, the price is positioned in the middle of the wedge's range, indicating a neutral stance. Traders should...
I'm Bearish on Nasdaq, Do to my view on TVC:DXY : We have Divergence on Daily Time Frame and I'm really looking forward to see Nasdaq Reach 14580 and also we have So much Geopolitical events going on in Middle-East. this will be my Bias for Day trade for up coming weeks. be cautious , This is not a good time to ignore Proper Risk Management These...
Nearing the same VWAP rejection from March 22 and a 33% fib Only a caution for those leaning long (me, in the short-term). I'll be using tight risk mgmt as we get near the 'September Effect'
Three Major events are taking place this week. The Charts are signaling that tomorrow is a dangerous day.... Watch and see what the charts are saying today.
Most are bullish on cryptos again. Therefore we must be cautious as the HnS pattern could still be in play. Add extremely low volume and there is strong suspicion that this is an HnS pattern at play, which I mentioned way back in December.
Bitcoin has been on a run in recent months. However, with the Ichimoku Cloud, we are seeing signs of potential resistance coming up in the near future. This suggests that a correction or even lower lows could be on the horizon for the popular cryptocurrency. According to my analysis, Bitcoin has about HKEX:3 ,000 left of price to the upside before it reaches...
avoid long in titan once it sustain below 2260 level below 2260 level it can fall up to 30% up to dec 2022 keep eye on 2260 level if you hold titan if titan in AUG month able to closed above 2400 then it can be good and not to worry
Paypal is down 65% from its ATH last July. It's now flirting with a supply zone that stretches back to 2017. While I'm seeing Bullish Divergence here, I'm also seeing a downward sloping trendline that makes me think we might see one more sharp move down (into the supply zone) before establishing a bottom. If you're a long-term investor, this could be a great...
Ticks have sustained for the last 45 mis in the -1000 level which is a sign of caution. ↘️ Generally, when we see sustained selling like this it is algos running in the background. 🙅♀️The Fed did not raise rates today - it could have happened but it was unlikely. They did walk back their talk a bit, saying a rate hike would "soon be appropriate" which is a ways...
LUNA needs a cooldown. Bearish divergence on both the Daily and 4-hour charts. Buyers are exhausted. Look for profit taking and a potential break of the wedge support. Momentum could carry the price higher, but this is definitely not the place to gamble on a long position. Good Luck. ---------------------------------------------------------------- These are my...
BTCDOWN USDT. Just a prediction of the chart pattern forming. expect a bit of downside on BTC to apprx 46,750 range before upside. BTCDOWN will backtest the neckline before continuing the down trend until about Mid January where I would really re-evaluate where we are in terms of chart patterns.. I don't like the way the moving averages are looking on a larger...
Bitcoindown/usdt Binance chart showing signs of a potential reversal and some substantial lower lows to come if it plays out. The pattern being formed along with the cross of the simple moving averages shows me it may be time to brace ourselves for something bigger.. This chart is all of its history as never held the 200 moving average as a support. It will be...
Shooting the SHiB for FUN!🦊🤓👍🏾🤪😂😂 ... Have fun and exercise caution from here on out!!! 🤞🏽✌🏽👍🏾💥BOOM💥😂🚀🙌🏾
I advise caution by Sunday as we get to the top of our Fib level and moving averages begin to curl down. I only expect a correction and not a mega dump but taking longer time frame long positions at this time is not advised. Watch for total to break that Fib level at apprx 2.46 Trillion for conformation As always these are only ideas. Nothing to base your trades...