BTC approach trendline in 2H timeframe above. Touch Supply Zone Fibonacci 0.618 - 0.786 No signal to reversal to uptrend.
Hello my friends! I am back after a long break. Bitcoin has just experienced it's 4th halving event. I took it upon myself to look into past Bitcoin price movement patterns, looking into how Bitcoin's price reacted immediately after Bitcoin experienced a halving event. I'm primarily using a historical time-based analysis approach. Here are my findings: -...
Gold's 4-hour moving average crosses downwards in a short position, and gold's downward space opens up. Gold's 4-hour double top continues to suppress gold's rise. Gold fell below the last new low of 2292, and gold has resistance at the 2300 mark. If it rebounds to around 2295, it can be shorted first. Trading strategy: short gold 2295, stop loss 2305, target...
Price is moving in uptrend and recently take a correction Price started forming HH, HL again after taking support from golden pocket Trendline resistance breakout and retest is observed Morning star formation at Trendline support confluence a bullish potential Take entry with SL below 140 (aggressive), 131 (conservative) Trail SL and enjoy the ride
Pair: OANDA:EURGBP Timeframe: H4 - Medium Term (MT) Direction: Short Technical Confluences for Trade: - Stochastics are in Overbought Conditions on H4 and H1 time-frames - Price action has multiple resistance from trendlines & also a horizontal trendline (supply zone) - Aiming for the 50% Fibo Retracement which the horizontal line shows a supply-demand...
Dear Traders, First small bullish correction and then drop towards $2500 region, which will remain a key area for most of the institutional sellers. We also need to have different bias, where price may not make any corrections and just continue dropping from current area. Good Luck and Trade Safe.
For gold, we look at the 2345 line. The K line has reached 2346 as scheduled. Our target has been accurately reached. The golden four-hour line still maintains a bullish trend. Although the negative and positive lines are intertwined, the overall trend is still holding the 2310 line. The market continues to close the shadow line, and the signal is obvious....
In a financial market full of variables, gold, as a traditional safe-haven asset, has always been favored by investors. Gold speculation can not only bring considerable returns to investors, but is also an effective means to avoid economic risks. However, how to operate steadily in market fluctuations and achieve stable returns is the key that every investor needs...
this pair is going up inside a parallel channel trend is bullish until trend line breaks bearish if trend line breakout (breakout retest repeat)
Expecting ROI - 30% As mentioned in multi time frame analysis charts, 1) Monthly 6 year old VCP Breakout, Retest done , consolidated for 2 months, now ready to move out of the consolidation zone. 2) Compressing at major supply region with minimal sellers strength 3) Expecting BO soon, SL at prev week low.
In the weekly frame on the S&P500 index, there is a pattern called three black crows and it is a bearish pattern that will lead to a downward move in the upcoming weeks. in July and August 2023, the same pattern happened and the market rebounded for two weeks then the downward move began to make the index retrace about 9% As we can see on the chart the index...
Hello friends on the condition of maintaining the support area of $0.0662; The probability that we will get out of this compact state from the top is strengthened. Finally, we must consider; From this compressed state, whether we exit from the top or from the bottom, the movement process will be fast. Also, according to sentiment data; Interest in this...
Pair: HTX:BTCUSDT Timeframe: H4 - Medium Term (MT) Direction: Long Technical Confluences for Trade: - Stochastics are in Oversold Conditions on D1 and H1 time-frames - Price action may face resistances from being at the bottom of a parallel channel, there is a support trendline going through and there is a demand zone area as shown with the horizontal...
The gold four-hour line appeared in the form of a triple top. The K-line reached near 2400 three times, but all were blocked and could not get through. Overnight gold once again verified that the 2400 resistance was effective. The k-line starts to exert force from above the moving average and directly breaks through the moving average. At present, the k-line is...
💹 Let's dive into analyzing the favorite coin of Ethereum whales, CRV. 💰 Firstly, if you examine the wallets of CRV holders, you'll notice some crucial aspects. Most Ethereum holders also hold a significant amount of this coin in their wallets. We'll discuss this further after the analysis. 🔄 On the weekly timeframe, we're essentially stuck in a range-bound...
Traders, I know there's a first for everything but, as traders, we usually do our best work NOT guessing when that first will be. In this case, I have traced that descending purple TL back to sometime around November of 2016, which is nearly to the inception of dominance on this particular chart. In it's history, BTC.D has NEVER broken above our trend line with...
1) Multi-year breakout 2) header and shoulder pattern breakout 3) Stocks are in down trend; there is volume exhausted 4) now stock getting huge volume buildup 5) volume indicating buys enters the chart 6) PE for the stock high No recommendation for buy and sell