The trend is your friend! I agree but the trend is also meant to be bought at the low and meant to be sold at the high. We have used the Fibonacci to determine that buying is a high-probability trading decision this morning. We have seen a pullback into the buy zone on the 15 Mins chart. The area of Targets are: 1.] 1.2392 2.] 1.2468 Stop at the LOD: 1.2330
This is not financial advice. Cruise lines took a huge hit during COVID. I have a price target of $20.64-$30 on this cruise line. Even with some pull back the ticker appears to have quite a bit of support at the 200 day ema on the 1day time frame. The fact that this is extremely oversold looking at the RSI poises a great opportunity for a run long term to the...
Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Bitcoin 💪 A couple of months ago Bitcoin perfectly retested and already rejected the previous cycle high from 2018 and also the 0.786 fibonacci level so the recent rally was quite expected. With Bitcoin retesting weekly...
Mega rally at the complete of the falling wedge wave e.. a break above 0.1871 will signal a buy. Weekly close is important
In this analysis, I've identified a significant moving average (MA) crossover, indicated by the red and blue lines crossing. Historically, such crossovers often lead to price increases. Additionally, I've included a violet line which I believe acts as a catalyst for a downward movement. Once the violet line touches a candle, I anticipate the end of the upward...
Just a few moments ago, the price of BTCUSDT exhibited an fast movement down within the 25000-25800 zone, setting the stage for a compelling BUY opportunity (As I said in my previous idea) What caught my attention is the chart's depiction of a significant shift in price momentum. Take a look at the bottom purple-colored moving average (MA) line—it hits the last...
We broke and close above last HL, came back and retest it and made LH ===> change of market structure. If we can close above the resistence we will see a nice rally for $ALTS ! <3
As it is evident that on weekly timeframe market is in an uptrend. It has taken breath in some weeks. On the daily timeframe the market has come to clear support. If we further come down lower on the 4H timeframe we can expect a break of structure to go longer having 1:1 to 1:1.5 Risk to reward ratio.
For trading view Setup: reversal against support Trade rating: 4/5 Reward: risk: 4:1 Just a pull back to support followed by a rally or atleast back to recent highs
On 4H TF, it's clearly seen that $XRP printed bullish divergence in a bullish pennant from Oct'13th - Oct21st. Furthermore, 50% fibonacci level maintained as support which indicate that $XRP is still bullish. So if a breakout from its pennant followed by retest to upper pennant trendline, I'll expect to see $XRP rally continuation to 161% fibonacci level.
Here is a detailed view of proposed X wave as ABC. First point of Invalidation is break of current 1st wave at $18,925
" USDCHF " Signal Trade After Break Out The Area ✅✅ Stop And Target On Chart 🔥 Reasons To Buy - Rally - Golden Area Break Out - SMC
Bitcoin only recently posted a golden by signal on VuManChu Cipher B + Divergences (by VuManChu) Indicator on the 23h Chart. It has posted 3 of these on the 23h chart as far back as 2017 which is as far as some of the higher volume chart go. In the past has predicted the bottom of the market or there soon after.
RBLX likes to play dirty tricks, but everything goes as planned. Nice retest, held the trendline, still moving in the battle zone rectangle. If we don't have retest on the general market, this could finally make its way to 200SMA and another supply zone around $60. I will set my stop loss below $45.
Hello everyone, I would like to share with the community my first analysis ever. First thing first I am in the process of learning, so all the feedbacks are more than welcome. --------------------- Let's start, I have been watching BTC movement very closely more than ever this bear cycle. Even more so as we are more likely to enter a recession cycle within the...
RSI Bullish divergence present, we should see a backtest of the 19900 support (2017 bullrun peak) continued by a nice rally reaching around 23000, testing that level as resistance for the first time since the start of the 2020 bull market.
NEARUSDT on the 4h timeframe showing the bullish divergence on RSI and MACD indicator while the price is making lower low however getting above 20MA and respecting it as support we could see a short term bounce on NEAR up till 200MA at 4.656 approximate level. If the bullish divergence gets played out.
At this moment, Tesla is forming a inverse head and shoulders is a bullish sentiment. I expect it to hit support today around 680 then have a break out to the upside starting next week.