Analog to Bitcoin, the top, mid & bottom price action integral bands (short: PAIBs) can also be defined for Ethereum, which can be used as an indictor for longterm swing trades and/or general market cycle analysis.
Here instead of fitting some curve dependent on time (~ f(t)), we integrate over price action with three custom functionals. Then if those functionals...
Notice this week's candlestick has fat body meaning the bulls were in overall control following a kicker signal, this is what you'd expect to see after such signal for potential change of direction.
It's important to point out a similar kicker signal a few weeks ago has no follow through, instead the very next candle is a inside doji followed by an bearish...
According to chart patterns only. Do your own research . Chanlink seems to be looking to push above previous $9 area. With a temporary retracement to $8 before topping off at/or around $10.90, where there still seems to be minor resistance. Expect a deep pullback at this point.
Hi guys, In this chart i Found a Supply zone in Asian paints so i just Observed clearly Levels and I drew a chart. Dont's Take any trades based on this Picture ...because this chart is for educational purpose only not for sale... plz do your own analysis too.. Thank Q
I really Prefer Selling however the market can do whatever it feel the need to do. Because of that fact i decide to mark two types of analysis in case price make a turn around.
As i always Preach please use proper Risk management as we all know there's no 100 percent Strategy
"Bullrun" - yesterday was a great one
Im neutral today - honestly believe the bulls arent over right till 1.16790 - possible 170pips with the right entry
also we have price inefficiency noted 1.13800 they may want to run it before it takes off
Looking for shorts during London and longs in NY if everything works out..
Yesterday high will be taken and then...
This analysis is a continuation of the previous analysis.
Other points include the weakening of the trend at the end of the second leg. It is full of fake breakouts and consecutive pullbacks at different levels
And keep in mind that we fluctuate in a certain price range
There are other points in the chart.
(We are traders or analysts, not forecasters)
What can be seen in the chart, apart from the discussion of fundamentals, we are at the end of leg 2, and leg 2 overlaps with the break-even level, and these chats that occurred at the end of the trend can most likely be an extension Gap.
In general, this correction can be considered a pullback at the breakeven level (19,000).
But for more believers, it is...
After a lot of hard work, the result is that bitcoin has tested the daily EMA several times and the first spot is at 17K and the second spot is at 19K and this makes it clear that there is a strong spot above 17K.
What may possibly play out as we go into the new week-2000 Pips .In my personal opinion S&P 500 has been largely bearish since 22nd Sept though a pull back on 4th Oct.which is normal in order to regain some momentum, However The Friday NFP news triggered the continued bearish momentum which pushed the price to currently 3631, so i may likely be placing my SALE.and...
Had mentioned earlier about the head and shoulders pattern getting formed in the nasdaq composite chart.
We say the fed hike event triggered the downfall but dear the price action already showed it coming.