This is a possible sell to buy setup for Gold, using ICT Concepts. I'm expecting price to take out lows, but first a possible fake pump. If price doesn't blast through my long POI then it will likely be a good place to buy. #NFA Happy trading!
Possible intraday long entry if price doesn't break too far higher first. Bias for the day is mostly bearish for now, but will take this counter-bias trade if price action convinces me. Using ICT Concepts for this setup.
Will be looking for higher prices in EU. Either one more stab into the Weekly Fair Value Gap, or within the recent swing low range. COT divergence supports another run up, which coincides with my target POI. Let's see if this comes to fruition.
I am anticipating 2 path lines. If price comes to my long POI first, then I will take that. Otherwise, I may anticipate a short.
My forecast for BTC is one final dip below 42.5k before proceeding higher. Here are some intermediate-term targets with possible stoploss. As always, wait for confirmation on lower timeframes.
BTC is going to fake out of this triangle to the upside, and then dump to below 42.5k for the final dip before breaking new ground higher.
This is what I have for BTC moving forward. 2 projections on what could possibly play out. I'm not plotting out minor structure, but rather just major points of reversal/retracement. Keep your eyes on these levels. Keep your eyes on news in the coming days/weeks. First scenario is that it proceeds up first before a deeper retracement. Second scenario is that it...
Possible long entry for a relatively quick scalp. If prices breaks target before any decent retracement, consider the entry possibly invalidated.
BTC to continue trend upwards. But first, a quick short entry. Enjoy. As always, wait for confirmation on lower TFs.
BTC possibly about to breakout, but first a quick break below recent lows. Heading to around 49k as first target.
Break of structure to the downside. Wait for price to return to mitigation area and minor stop raid before heading down further to a long POI mitigation area. Will wait for LTF price action and RSI for confirmation to enter into short position. Would take most of profits off the table by then "Target 2". Price may see bullish action by then.
Not going to provide analysis. It if happens, you can come back and ask me how the hell I knew.
Bitcoin is about to create a "Death Cross", which is basically when the 50 EMA (teal line) crosses down the 200 EMA (orange line) on the daily time frame. Generally this is a bearish signal. (The opposite would be considered a "Golden Cross") As intimidating as the name is, our sentiment is still bullish on Bitcoin. It is constantly gaining adopting by...
BTC fell below the daily 200 EMA trend line for the first time on 19th May 2021 since over a year ago. Price has consolidated below, and is now testing it again. Breaking back up and finding support on the 200 EMA will be very positive for Bitcoin, spurring traders back into the market. 📈 Keep an eye out. 👀
Looks like an Elliott Impulse Wave has been completed. Now waiting for a potential ABC Corrective Wave. This would form a head and shoulders, possibly plummeting the price back down to 42k and below if the neck line breaks. Used Fib to measure retracements.
1.5bn of BTC acquired by Tesla. Buy at the 41,800 retracement and ride this wave to the moon.
Is Doge Coin about to break out of this ascending triangle and bullish pennant? I know there has been A LOT of hype around this coin lately, and it seems to be growing. Ever since GME, people are starting to stand up to the institution bullies. Some say Doge is a sh** coin, and some say it has great potential. From what i've read, many companies are adopting...
I had 2 scenarios, but it looks like the bullish one isn't looking very good. Using Ichimoku theories, I calculated BTC dropping to around 30k in the next couple of days. Brace yourself boys and gals.