the fed isnt interested in saving the market. it only cares that it delays the maximum selling until late in the year. they want choppy action because this allows them to scare retail out and institutions can scale horizontally. were likely to hit signal, sss ma, trama and rebound. uvxy is a sell if we get to top of envelope or we break pivot and continue lower....
Yea, I know TA is scam and everything is about liquidity, but we see on charts that market makers are painting, that's what we want to see. I think is possible that to be fake breakdown to stop out longs and trap shorts, but who knows, let's see.
Chart 1 : BTCUSD's Downward Breakout From Bear-Flag Channel (Chart 1 also includes a hypothetical price path showing one probable way that price could retest the channel and the downward trendline that has held as resistance since November 2021. BTC's Downward Breakout from Parallel Channel/b] On August 19, 2022, BTC fell over -10%, breaking out below its...
Targeting $1800, it can certainly go up than that, but anything up $1800 will be a risky play. After LTF confirmation on that point, new lows (3 digits) Follow. Comment below if you have any questions.
Publicly sharing. Going to $23k then new lows Will keep you updated.
Doesn't look good for the bulls that we are basing below early June's base. Taking out the early June highs may be a sign that this isn't a bear market trap, but rather the end of the bear market. I'm still in the group that thinks we have one more drop before we turnaround.
Interesting bottoming confluences on USDCHF 1H chart. If CEST 2PM close above 20SMA and downtrend line from last Thursday high, it would also confirm a double bottom pattern, triggering a potential more upward pressure from today's low.
is the spx500 about to show signs of relief? price currently cradled by the 21ema and ATR at the bottom of a falling wedge on a long term diagonal support line? 5% incoming and maybe more should some global factors come in to play under the bullishness
There's (almost) no doubt in my mind that this nasty girl is about to do exactly what it is that Crypto does best!
HI TRADERS For bitcoin holders and traders which has waited for bullish run these days are difficult and maybe forgot the days that we could see green market BUT before all of the major bullish run we had the side way moves like now. PINK AREA IS VERY IMPORTANT and could be the area which bulls come to the market again and start to fill their bags .because of the...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC analysis. BTC did a nasty sell-off and dumped hard. I'm expecting a bounce from $37k but it didn't happen that's why my previous chart is invalidated. Now, BTC breaks below the bear flag in the daily time frame. So if this pattern going to be played out...
OANDA:EURUSD has been on a downhill for a very long time. At the moment price has come to a historic support level. Alot of liqudity lies between 1.047 and 1.031 this is a great level to go long. Use proper money management as we target to long with 1.1507 being our long term bullish target. Use proper money management. Cheers to everyone. OANDA:EURUSD
Hello traders and investors! Let’s see how the SPX is doing today! First, in the 1h chart, it lost the support level we mentioned yesterday (4,200), and it dropped a little bit more after that. However, we see some reaction right now, and if the index closes above the 4,200, the market might understand it as a false breakout from a previous support, making this...
Bitcoin's (BTC) price had a sudden break below the $40,000 significant psychological level, but the sell-off was short-lived, and the decline was quickly reversed. Investors are now asking whether the dip below the round number was the ultimate bear trap. Bitcoin Bear Trap? In technical analysis, the bear trap occurs when the market sells-off traps traders in...
Hello traders and investors! Let’s see how the SPX is doing today! The index is reacting nicely today, after what seems to be a false breakout from the previous support level, and a bear trap. This is expected, as we still are in our “danger zone”, and now the sellers are being squeezed. The 4,456 is still the most important resistance for us, and as long as...
Some consider gaussian channel on 5 day to be an indicator of if we are in a bull run or not. If above gaussian channel on 5 day, we are in a bull run. If in the channel or bellow we are in a bear market. Well it is scary to see the gaussian channel turned red. It might be a bear trap or we are in a dead cat bounce and we do not make it to all-time-high.
Educational Idea: Most of the Novice conventional traders use support and resistance levels. If the support breaks, they tend to short-sell the scrip & try to profit out of it. And, if the resistance breaks, they go long. But the majority of the time, they become a victim. Let me get this straight. Let's take an example, in this case, Eicher Motors. When...
BTC has formed this beautiful ascending triangle and as we know is bullish pattern so i am trading it to the levels of 47.5k whith is going to be 6% profit. At 47.5k i am pulling out my profits because of the strong resistance, one of them is point of control but i am going to post about that when we get there. I am also very confident in this trade because of the...