Price is on a downtrend. Price has just tapped into a bullish POI. I'm expecting the price to do a short-term rally into the bearish POI at 181.22 area before continuing with the bearish trend.
Summary of weekly price and volume action, as well as net new highs and lows, on the Nasdaq Composite for the week of 7/8/2022. Click on the chart below to view the details: Big picture view of the Nasdaq Composite:
Price is consolidating and is in a wyckoff accumulation schematic. Price is trying to break higher high. Expect price to break above AR at 792.63 and push lower taking out sell-side liquidity being built.
Price is on an uptrend. Price has taken liquidity above 23.98. Expect price to retrace down to bullish POI.
Price is on an uptrend. Price took liquidity and stop hunted the highs at 5.97. Price is unable to close higher. Expect price to retrace down to bullish POI.
Price is on an uptrend. Price took liquidity and stop hunted the highs at 124.11. Price is unable to close higher. Price has been building sell-side liquidity on its way up. Expect price to retrace down to bullish POI.
Price is on a downtrend. Price is hitting a bearish POI. Expect price to continue downtrend from here. We might see price starting phase A of wyckoff accumulation schematic.
my bias on gbpusd still remain bearish, tho anything can happen in the market but for now I'm expecting the market to retraced and form a new lower high around 1.24030 which in turn will create a double top and we short from there, if your bias is bullish you have to wait for the break of 1.27000 level
EVERYTHING IS IN THE CHART. The volume continues its Unabated rise, while ETH continues its UNabated FALL FOR 11 consecutive weeks. Think about it - ELEVEN WEEKS OF STRONG FALL. Plus RISING VOLUME IT WILL FALL NEXT WEEK TOO.
This is what Bitcoin COULD do now. The channel over the weekly timeframe is on the bottom side well supported. So lower prices should only occur by touching the bottom line in the following weeks.
This pair has an unanswered bull run it's got to make up for. And when I say unanswered, it hasn't completed a textbook higher low on the daily time frame. So, I'm waiting to see if we have a chance to complete it this week. If the price isn't ready this week, I have TPS set up in the opposite direction. BEAR TPS: • 160.397 • 159.317 • 159.419 BULL TPS: •...
So I decided to see why this big ol' drop is happening with Bitcoin. The answer? We're filling a very old order block that was never completed in July 2021. So it makes sense price has dropped ALL the way to where we are now. Time to analyze where we may be going from here. According to this current situation, once the years-old order block is retested, we...
NSE:HDFCBANK can be good choice for swing trade for a couple of weeks as it made an inverted hammer on last week on weekly chart, and closed above the inverted hammer's low point. A good support zone for this stock is at around 1300. Trade Details: Entry: below 1310 Stop Loss: 1280-1285 Target: 1405-1410 Holding Period: 2-3 weeks Happy Investing :)
LINKUSDT have a curve bearish line for a several weeks, its on a weekly support of fibo 2.618. as you can see, if RSI can breakout above of Bearish trendline, price can grow up in MACDs Histogramwe have positive divergence, if macd line can cross signal line it is a good point. BUT if we still on bearish market LINK can move down to the weekly fibo level 2.0 at...
This is an analysis from a weekly perspective, expecting pair to fake out/ break out above the resistance zone, then to come down for a week to POI, 2 entries set, the lower entry will be executed if the chart does a fake out (OTE) while the higher entry will be executed if the chart doesn't break the current resistance.
You can see the second, third and present fourth bear markets on the chart. The second and third had the same pattern of three movements (waves) down: 1. 0 - A 2. B - C 3. D - E I depicted the same movement in the present situation based on 200 days of EMA and MA. And here are such exciting historical circumstances. Look closely at the previous bottoms of 2015...
Facebook it's look bearish from this point that we could to short right now, but this will be my perspective following the technical analysis. And very important combine it with fundamental analysis. As I see, the U.S. Dollar found out a tightening of the hike interest rates and stock market and cryptocurrencies it's suffering right now!!! For that, I analyze...
What I found out in Ethereum price it's crashing too their price and it's below of $1,900 USD. I hope a crash to $1,100 USD approximately in their price, that will be the first support, And to take note, we could to see a chance to see Ethereum price round to $785 USD if the key and first support breaking down the zone of $1,100 USD. And then, this it's the...