Recently, INDEX:BTCUSD has been having a bit of a bull run. This is probably because most people were and are still expecting a Spot ETF to be approved. That is, according to mainstream sources. I'm not sure whether the bull run has finished yet, however, we do have some chart statistics that show Bitcoin will probably have a pullback. Firstly, the RSI is...
Canara Bank touched a convergence of a support and a rising trendline, a reversal done, and a breakout above the short-term falling trendline, but today it failed to cross the previous high, and following the resistance, it cooled off a bit. But looking at the candles of the last Days, we may expect it to breakout and move higher. My Expectations for Targets 416...
A Dragonfly Doji is a candlestick pattern characterized by a long wick or shadow that is significantly longer than its body. It is considered a type of doji, where the opening and closing prices are very close together. The presence of a large wick indicates a wide trading range during the time period of the candle, while the small body represents minimal...
Looking at the current market conditions I can say the marketing is creating HH and HL, currently, we just finished a retracement and are about to start an impulsive move to the upside in the hopes of respecting the support and resister of the trendline.No much more to say here.
Hello pals, JPYbasket is a JPY index just like DXY for USD, so u can use it for confirmation on your JPY and USD involved pairs. Based on candlesticks and DTL, I think this index is going downhill to the previous low. 8050 needs to be broken first before it can be said with certainty that the index will be bearish, but if that happens be sure to look for any good...
First of all, price charts are not price charts, at least, not exactly. There are always 2 prices: the price to buy (ask) and the price to sell (bid). Real price charts are actually the history of where BBO was located. If for some reason you'll wanna check that and you don't have the real data, the best you can do is to open a line chart based on close prices on...
** XAUUSD 22 NOV - 22 DEC * We expect a price increase and new highs on Monday! *If it is fail, the probability of going into bear channel or continuation of the trading range is equal! *Do not enter until it is completely clear for you! Wish everyone a great week!!!
How many people promoted $100,000 price targets during the last Bull Run? Here we are Today. Price has to break and hold $25,000 For a minimum of 3 days for any upwards trend to be established.
Both $QQQ and $XBI made a bullish reversal open on 27 Sep., however QQQ sold down while XBI moved higher. When the daily candle on XBI (or candle pattern) does not match that on QQQ, take note. I have added lines to highlight examples, and these mismatches often occur at turning points with XBI indicating direction for QQQ. It is not a sure predictor, as you can...
Polymed Looking for good swing. Making Flag and Handle pattern
Hey everyone, so looks like another GBPUSD, to be honest, this trade took me by surprise but check out how the position played out to see why.
this setup low key looks like a chaos but i just thought it to be kinda cool, so im posting it here just for the record. apple's doing all sorts really. oh and also i think the price will go down eventually next week cause of the bearish candle and the resistance. Happy Trading !!!
Hello traders, I'm about to sell DOTUSDT from one of these zones, let the price create a signal and come and make money! We don't have a confirmed bull trend yet, so I'm looking for opportunities to sell, they help me accumulate more coins. I personally prefer setting up multiple TPs , here's an explanation: 1) 1:1 allows you to take a 50% position and thus...
BTCUSD When zooming out and looking at the Monthly canldes, there is a very possible short scenerio building. This chart shows Daily candles inside Monthly candles. You can see that price tested the critical level of 20k but didn't reject it strongly. As the daily candles continue to trade near this level, there will be much liquidity building above it. Price...
Explanation: My Candle Recognition and the Price Action say this trade is good😎
Just got an alert that this coin is moving! Clearly in downtrend, but someone pumped it yesterday and hit the VWAP. Ideal to open a small position and DCA it until it pumps again to VWAP line! Take care!
Trade Proposal: There is a probability of first tp to the proposed ( 128.000 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals. Technical analysis: EURJPY is in Downtrend and It is Expected to Continue Downtrend.
The S&P 500 crossed below the 100-week price average at $3,995 today which is the first cross below the 100-week average since May 11th, 2020. The 100-week average acted as temporary support last week, but buyers were unable to hold that level on the first day of trading this week. In the last S&P 500 update shared back on March 6th price was trading near...