Shopify found support at previous resistance I expect a bounce from here
This guy looks poised for a pop. A break above $7 would be nice. Already in. Could also test the 20ma, in which case still has a little bit more downside. Enter wisely.
Nice bounce at the kijun potentially printing a higher high from here
Added this to watch list yesterday. Was looking for bounce off 20MA, but instead it bounced just below it, right off the volume shelf. Going to take a risk here and buy 1/2 position in hopes for a reversal from here.
3 point trendline at Daily, and 2 point trendline at H4. I see that there is a possibility to sell at H4 trendline and safe exit at Daily trendline.
Hey there, Please support this idea with your likes and follow me! TI Indicator Sequential is giving us a 4h 9 BUY!! This could lead to another ralley into descending triangle resistance. I am playing 30k support for a short term bounce Afterwards 28k to 24k likely! Cheers, Konrad
BTC keeps moving up in corrections, this is just a bigger one
Today i go over some market patterns I am keeping an eye on for the coming week as well as going over the results of last weeks video!
Hi Traders! The market is in an overall Downtrend. Let's begin our Multiple Timeframe Analysis with the weekly Timeframe. Then we'll continue with the daily, H4 and hourly Timeframe. Here is the weekly TF: As you can see the market is in a Downtrend. In addition, it recently broke out of an important Support Level. Furhtermore, during the Breakout, the...
Hello, dear subscribers! Let's take a look at current Bitcoin price action. We can see that the Head and Shoulders bearish scenario was cancelled becauce the neckline area was not broken. There was also the danger of dead cat bounce scenario that could means the end of bullish rally but the price was able to find support above the 61% Fibonacci level according...
AUDJPY is currently in a neutral zone but once it touches one of the trend lines it will bounce off of it.
On the 8 hour chart we have come to the resistance, however we do not have any buy trigger yet. Keep an eye on EURUSD on lower time frames for bounce from this level during London open since we might trigger a buy entry. RSI is in bulls favor. What do you think ? Will it bounce or fall due to fundamentals?
Purple colored line and curve is my prediction. not really sure if I'm doing it the right way, so if bullish divergence on RSI should happen it should be when the price go lower but the RSI go higher. therefore a bounce is needed to get stronger RSI with lower price.
BTC's probability of retracing at 38 level fib is likely to happen 80-90% IMO. I'm mounting in.
Took a position in CHGG last night and trimmed it today, looks good for a continuation, looks good to $98 then $100
WTC is currently in a very strong downtrend. At some point in the near future it is going to bounce like crazy. The problem is that it is currently trading at an all time low, making it impossible to predict where the bottom of this current violent dump will be. 700 - 800 sats is where I've put the buying range on this chart, however that is just an educated...
My last YFI call was not an overwhelming success, to put it mildly. But we win some and we lose some, that's the game we play isn't it. So let's take another crack at it. YFI is looking really quite weak even with the rest of the market going absolutely bananas. This is I suppose to be expect, YFI being a high value coin isn't going to be bought while BTC is...