And a bearish weekend it was! Are we going to retest the bottom or keep moving up? I think there is one more test for BITFINEX:BTCUSD before climbing. The MACD is telling me that we are going up, with the green bars and the wider separation within the lines. The RSI last closed at ~60%, which tells me that there is still more room to grow. However, looking at...
Im a beginner in studying charts. Any help is appreciated. After a strong upwards trend. I have noticed a ascending triangle. In my opinion it breaks to the downside.
In the case of trading below the selling candle and confirming the breach, our first target is $ 1676, and in the event that it is broken, for sure, the negative pattern will be realized and approximately $ 1570 will be visited.
Was Monday the final dip before 60k? Or are we going further down? Checkout my BITFINEX:BTCUSD analysis. Indicators: The MACD lines have crossed, so it is a strong indication of an uptrend. It also looks like they are getting ready to spread apart. On the other hand, we are still in negative/bear territory, so the gains might be small and it might go down...
This BITFINEX:BTCUSD forecast/analysis is for the next 1-3 days. *Indicators:* Looking at the volume, it has decreased almost by half since my last post (yesterday 11AM EST), meaning that many people are waiting to see what will happen. There is no more strong pressure either up or down. This means there might be a consolidation around the current price range...
Hi everyone, I have decided to focus on swing trading for now. It was my original goal and I've been too busy (+need to learn a lot more) to properly do Day Trading. So here is my BITFINEX:BTCUSD analysis for today. *Patterns:* If what I am seeing is a channel (pink and then pink+blue) it is getting narrower. That means things are probably going to...
Hello, this is my analysis on the EURJPY currency pair. Still a beginner of few months in so I would like to know if my entry analysis was done well, or if there is anything to improve on. Anything is okay, comment away :)
Trying to develop understanding of ranges. Seem like the recent weeks have given us some clarity with the $32k-ish and $38k-ish levels, I have some confidence there. Will watch the the rising wedge, but not necessarily confident in formations like that when it comes to BTC (ha!!). Not very confident in the trend line, but perhaps could come in handy if we get...
Hello everyone and welcome to another BITFINEX:BTCUSD update! This time we have a good chart without skewed trades from whales. Like I (sort of) predicted yesterday morning, the price did fall down again around 1PM. Looking at the next 2 hours, what will happen? *Candlestick Analysis:* There's some sticks that are long and some that are short, both in the...
Hi everyone, this is my first analysis publication. I am a beginner trader so I'd love to get your feedback on my ideas. I'm using the teachings from a major Cyrpto Trading YouTube Channel (please message me for links, from what I understood I'm not allowed to post links to other social media or news sites). *Candlestick Analysis:* Since 8:15AM, trading is...
My second attempt at chart analysis. If momentum and volume keep pace I think we'll see 0.0858 in the next 10 hours. Feedback is greatly appreciated. What could I be doing better?
What I have done and What I believe --> I have analyzed this chart on the basis of supply-demand and SR lines. I have used RSI and Parabolic SAR and I am hoping the price will not bounce from the upper level, Because this level of demand served 3-4 as demand level in previous months and most probably it will serve the Demand area Also. Please tell me...
NASDAQ:SOLO Hope it closes green tomorrow, then expect breakout from triangle.
I've structured the market in 2 dimensionalities of time. One small than the other and got to the conclusion that you see on the graphic. I'm just a beginner testing my learnings so feel free to comment any improvement you'd do if you were on my shoes. The order is going, so let's learn!
Okay. Take this as you will, first time I have posted on this forum. Looking for some feedback on my use of these analysis tools as well as obviously your thoughts on the near term trajectory of ETH! Thank you all for your support, wish you all the best!
I'm actually new in trading filed, i learded trading from different sources, colleges, online courses and experiences in forex market (and yes that was a fault for a beginner) , now i'm more interested in stocks and learning step by step, I'm basically like technical analysis and want to share my though with trading community