Price has bounced off a 1H order block & reacted and reversed up from the accompanying 1H FVG. Looking for price to go higher to take out Tuesday's high.
Hello everyone, here's my take on INJECTIVE (INJ) over the next few weeks.
After finding an ATH on March 13 at $53, the price has corrected by over 60%!
We're back in an interesting buying zone: OTE + Order Block weekly.
I think that, even if BTC goes for my $60700 pre-halving zone, INJ won't go any lower than the weekly Order Block on which it reacted this...
The scenario I mentioned on Monday has come true.
The liquidity I was aiming for at $60700 (in the OTE zone) has been recovered.
The price should now start to rise again.
I'm waiting for the CHoCH (shown in green on my chart) at $64700 to resume buying and target a new ATH!
Huge volatility is expected on halving day, what do you think? Is SMC going to...
Market trading on HTF Supply zone and looking for sell as i shown in picture waiting for confirmation.
Our short term sell can look for a bullish price movement towards the upside before we head any lower.
Trend
- On the weekly chart: Clearly showing an uptrend.
- The uptrend channel has extended 100% and is expected to return to the middle line at least, with a chance of reaching the lower band of the original channel.
100% Symmetrical Projection: Uptrend “N” Patterns
- A 100% Symmetrical Projection of the initial swing (from A to B) and then projected...
Break up R & TL MN
Buy or Avg up 2720 50%cap ; 2700 50% cap
T1 2820 (Inside bar)
T2 2930 (next R)
T3 wait break up T2
Escape plan:
D1 closed under 2660 = CL BEP or at 2690.
SL is your MM tolerance
Risk : Wedge , liquidation
Support 2620
This does not mean it will happen but in case it does: if BTC falls below $60k then we may see a dip down to 56k to $57k but will recover fast. It’s what the BEARS are trying to do as of now.
AMC on the 60 minute chart shows an early reversal out of a three week downtrend after
two months of a wide ranging price action that was sideways. The more or less takes
bankruptcy considerations off the table. In the meanwhile, the streaming services continue
to beat down movie theaters. No matter, AMC has new bullish momentum and the trading
volumes to...
On a TSLA chart, TSLA has been trending cown since last May. On the anchored VWAP lines,
it topped out crossing above the second upper VWAP about the first week of January '23 then
crossing under the same line on January 20, 23 Between August and October price tested and
consolidated about the first upper VWAP line. It then fell to the mean VWAP line and...
the retail sales report will be out in less than an hour . This can go either way , however its a decent sell a the moment . Nanage your risk and go for 1:3 risk reward with 0.2 of your trading account as stop loss... lets go bears on this one .
Spot Oil on 30-minute chart had a slow rise in the past 24 hours followed by a pause and then a
jump on the Israeli retaliation strikes into Iran. Middle East oil shipping in the Red Sea and
Persian Gulf are at risk and shipping insurance for ongoing shipments is likely to experience
heavy rate increases if shipping does occur. Houthi rebels may resume proxy...
Anticipating a similar event to 2020... I hope not, but it seems it has to be this way.
Most markets bottomed March 23, but the crypto markets bottomed March 13th...
Appears to be all manipulation, like a big, wicked game of chess.
