VET been moving real slow, being drag down by BTC. Unable to climb back and continue the Apex trendline. Next key support down for VET will be 0.06072 (Blue line). On the RSI VET failed to hold 45.48 which is the key support on the weekly timeframe. RSI reaching oversold. Bearish cross on the macd. VET 8H
Bulls couldn't break the resistance on the blue apex line. This is the first rejections. There might be more downside for VET if we get a second retest on resistance, and we failed to break it. VET 1H
VET broke out, as you can see in my chart. RSI rising and it's above the support line which i drew base on weekly timeframe (VET often bounce off from that level, giving traders more confirmation on a up trend). VET charts is really beautiful with APEX triangle bullish pattern, sadly it broke down due to to BTC dump not long ago. I'm looking for a possible price...
Intro: - Cardano is one of Ethereum's main competitor and addresses some major issues that pains Ethereum like scalability and gas fees. - Finally smart contracts are running on the Cardano chain and the ecosystem can start to bloom . - So far Cardano is lacking a working DEX which seems to hold back the whole ecosystem. But now finally Sundaeswap announced that...
Gold finally reached resistance in an ongoing v shape recovery, a pullback should happen now with earlier longs taking profits, if you missed the initial move not to worry, we are going to see where we can get long after this pullback. Use shorter term time frames to enter those longs after you see the price bottom out and start accelerating up again - use...
Price needs to close above trendline and bullflag resistance to continue upward targeting $27 Wait for a candle close above resistance to go long As you can see on the chart we had an impulsive move into resistance where now we are consolidating, coiling up to release energy into another impulse above.
This is the same idea as last one but with Candles so that new bars will load (this feature is not available for Renko bars). An Expanding Triangle is a pattern that starts with the price action squeezed tightly in the Apex (dotted blue line). There will be usually at least two swing highs and two swing lows in price. Overall volume usually diminishes as the...
In this video we will examine price structure of BITCOIN & ETH and how to use technical analysis tools to outline possible trading scenarios in the upcoming few days.
GOLD analysis for the upcoming week, and examples of how to be able to switch between short and long biases without marrying your trades. @ApexBull-ImperiumFX
TAKING A LOOK AT OUR CURRENT TRADES AND FUTURE OPPORTUNITIES IN VARIOUS MARKETS: GOLD, EURUSD, NZDUSD, BITCOIN, ETH, SP500 & US30
LOOKS LIKE GOLD IS READY FOR ANOTHER LEG UP AFTER A CONSOLIDATION ABOVE THE PREVIOUS RANGE, CULMINATING WITH A NICE PIN BAR AND A BREAK OF A TREND LINE - GO LONG AT MARKET STOPS BELOW PINBAR CANDLE.
Trade either directional breakout, you can have cautious longs even now w first tp around 36K. A break of a trendline to the downside would open retest of 30,000 though.
US INDICES ARE DEFINITELY OVERSTRETCHED AND CAN EASILY PULLBACK TO PREVIOUS LEVELS OF RESISTANCE TURNED SUPPORT NOW LOOK FOR BUYS ON A RETEST OF THE BREAKOUT POINT
BNB HAS SOME CATCHING UP TO DO TO OTHER CRYPTO THATS BEARISH SELL THE BREAK OF THE TRENDLINE TO TARGET RANGE LOWS AROUDN 200-225 WAIT FOR A DECISIVE BREAK ON A 4HR CANDLE CLOSE
DOGE TOOK OUT ITS H*S NECKLINE, RETESTED IT AND HAS BEEN SELLING OFF EVER SINCE. PROBABILITY IS ON THE SIDE OF THE BEARISH CASE CONTINUING ALL THE WAY DOWN TO .07 FROM CURRENT LEVEL. ONLY IF IT TAKES OUT .30 LEVEL AGAIN WILL THIS PICTURE CHANGE BUT WITH BITCOIN BEING WEAK AS WELL, IT DOESNT SEEM LIKELY IN THE IMMEDIATE FUTURE.
Bitcoin took out channel support, if you havent sold the break, then you might get another chance to sell on a pullback to the previous support turned resistance now around 33300-33800 level to target daily range low of 30000. Bitcoin is looking increasingly bearish longer term as well because its inability to muster up any reasonable bullish momentum to retest...
In this video we take a look at bitcoin recent price structure for the immediate future and then we go over the back test performance results of our algo that can easily not just double but x10 your account size.
LONG USDCAD SETUP ON A PULLBACK TO THE TRENDLINE AND PREVIOUS RESISTANCE NOW SUPPORT.