Just one man's somewhat educated opinion and that education level and quality can be debated. We have the volume we need to see for it to be a bottom. We tapped the low end of that order block. I don't now if its a never look back bottom. Sure, it could be. But I see the makings of a bounce here.
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this quick BTC update. BTC is forming a falling wedge pattern in a 45min time frame. A falling wedge is generally a bullish pattern. Currently, BTC is trading near the lower trendline of the wedge. We can expect a weekend pump from here. If it breaks out from the...
Reasons to take short ⭐️ Buyer on BTC ⭐️ Trendline is clean ⭐️ Volume increased ⭐️ Impulse down ⭐️ 3rd touch ⭐️ 100 ATR Fix profit by parts: 2% - 1/3 4% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best...
Seems like we hit weekly ma200, went throu it, nothing out of the ordinary in a 4 year cycle. We can now hold, lateralize and try to go to the top ofthe downward red channel, around 25-28k. Lets see if it holds ma200. It must, otherwise we go into unknown territory below ma200. Below 19k USD will start to look catastrophic and also feel like cheap btc to buy.
Death, destruction, despair. Sounds like a decent time to buy, if you buy here just know it may dip lower. Dont try and buy the bottom, have a plan and stick to it with dip buys. Scale in or just buy and hold. GLHF Probably bounce and consolidate a little after everything cools down. Things will probably get boring and require some patience after all this pans out.
SPX could rebounce here where it is since its a long support line which also coincides with the 38% of the fib line
Bitcoin is now at support, even if we are going lower (which probably is where we are going) bitcoin has a great chance to bounce from here and reverse the trend to 25k maybe flirt with the 27k then down we go
If price action gets the the highlighted zone that i placed on the chart. Look for rejection and engulfing candles for an entry to the upside. NAS100
This was a Wychoff accumulation phase 1 year in the making. My original ideas for this 2 weeks ago are somewhat playing out, see links below. Not financial advise, DYOR.
Looking at WLUNAUSD, the one thing that I'm seeing is that the Volume of trading on this coin seems to be exponentially greater than what it was when it was at even it's greatest value, or at any time before it crashed. Is this basically vulture trading, looking to take advantage of the resulting volatility at the bottom here? Or is this some sort of...
AMZN is currently sitting on a major historical support between 2020 and 2080. I believe it has never been so oversold. It does't mean it cannot go lower. So, will it dive? One thing is for sure, tech and growth are not in favour. You have 3 options here: 1. You think the support holds. Go long. The coming stock split could boost the price. 2. You believe the...
This is a very short term IDEA. As asia wkes up to a pure rout and realizes that there are no more macro news to be priced in this month. I believe we will see a very short lived rally. I stand by my prediction that over the course of the next couple of weeks APE will reach 1.03$. However for a quick scalp it is looking sweet to buy 7.70 and sell 9.50-10.05$....
The S&P 500 continued to decline last week. Past levels of support formed from previous lows, so we had to look at the next obvious level of support. In this case, it was not a previous high or low but a psychological level in the form of the $4000 round number. The weekly timeframe clearly displays a reversal candle that did not close below $4000, which is a...
Gold showed a dead cat bounce after hitting a fresh three-month low at $1810. Technical: The near–term support is around $1800, a breach below targets $1750.
Because the market is in such an extreme short term oversold condition now it makes it easier to trade a bounce. because you don't have to be in near the bottom
Don't expect any technical talks with such a view. I cannot say anything but... meow?
BTC 11 May 2022 The current implied volatility is at 81.61%/year So that converted into daily is 5.14% The opening price was on 30970 So based on that our TOP 32600 BOT 29410 This channel has a 88.3% change to sustain based on the last 290 candles At the same time with 79.3% changes TOP 32200 BOT 29800 From fundamental point, today we have CPI release and this...
TSLA is at bounce zone right now off of the trendline. Regardless underneath 800 is a buy and I think we see this have a nice sized bounce in the coming days or next week. 1000 test isn't out of the woods.