Nikkei 225 is reaching a crossroads! Weekly: nice bullish trend without obvious violation.
Daily: retest mid-term MA & flip area which happens to be a nice demand zone. The downtrend line and uptrend line is about to meet, so which direction it might choose? Smaller time frame may give us a clue.
1H: I observed positive signs with high probability of going up. Now I need to price to close above the downtrend line to confirm. Then, the pullback would be a nice entry point for buyers.
Breakout-pullback
CROUSDT/1DAYWe have two scenarios for CROUSDT.
1st of all if price will be able to breakout from resistance and we see possible pullback (bullish candle is good signal) then price will rise like you see (1.618 is strong zone for trend reverse and we have also another resistance here, so you can tp before price going to kiss them)
2nd scenario will happen if price won't be able to stand above of its resistance. You can see the price trip for this scenario. I think price will drop to its strong support zone (Consolidation area + Fibonacci zone + Up trend).
Support zone will be able to reverse our trend and I think price will kiss again its resistance and maybe going to pullback above it (a long signal).
LITUSDT/1H (UPDATE OF LAST CHART)I can see triangle and bullish falling wedge pattern on the chart.
I think price will rise to the last price (1st rise = base of triangle) due to we saw breakout from triangle and then will pullback on consolidation area (2nd tp will active if you see this pullback) and keep moving it trips as you see.
1st tp and 2nd tp are at strong Fibs area and among them we see another Fibs area (1.618 & 2.618 ) that will be able to reverse trend.
Long entry on RKDAThe stock broke out on more than 20 times its average daily volume, but ran out of steam.
Shares pulled back to find buyers where we would expect, here at the high-volume area.
Investors may consider a long entry here with a tight stop, anticipating a re-test and possible break of the previous highs near $6.50.
🏛USD_CHF↗️LONG FROM SUPPORT🚀
☑️USD_CHF is very bullish at the moment
And we saw that the pair broke two major resistance levels in a row.
The last breakout was followed by a pullback
To retest the broken level
And now we are seeing bullish continuation beginning
Therefore, I suggest a long
With two targets in sight!
LONG↗️
✅Like and subscribe to never miss a new idea!✅
DDOG, MDB, NET Price Action Analysis - Massive Move Coming?Find out why there is potential massive move coming and the key levels to watch for scaling in for NASDAQ:DDOG , NASDAQ:MDB and NYSE:NET . In this video, price action analysis together with volume spread with Wyckoff trading analysis is adopted to analyze these stocks.
ETH - Do not chase the outbreak, enter safely on the pullbackIf you did not enter at the start of the breakout, do not FOMO and do not try to catch the ATH run in the middle of it even if you are bullish. Wait for a pullback and enter at a low risk, safe level. In the last few hours, I see more volume on the red candles than the green candles (hourly chart). Which is telling me that a pullback is coming.
We can see below strong support on the previous resistance (1190-1200 level). This also lines up with the 0.5 fibonacci level, which is where I expect this to retrace towards. That will be our entry level, with stoploss a little below resistance.
First target is around 9% gain. After that you can bring stop loss higher to lock profits if the bull run ends, but you can also keep part of your position to catch the next run (if there will be one). My advice however would be to make sure you close all positions before 8 Feb when ETH futures launch, because volatility will be super high. When BTC futures launched it went from ATH to almost ATL.
BTC NEXT MOVE TO $43000 🚀🚀1. BTC FORMING AN ASCENDING TRIANGLE
2. TAKING SUPPORT AT 50% FIB LEVEL
3. 20,50,200 MA IS SUPPORTING THE PRICE
4. VOLUME IS DECREASING MIGHT GIVE GOOD MOVEMENT IF BREAKOUT DOES HAPPEN
5. PRICE WILL TAKE SUPPORT FROM MAJOR ZONE IF IT'S BREAK
IF BTC GAVE A BREAKOUT YOU SHOULD WAIT FOR A PULLBACK AND TAKE YOUR ENTRY WITH GOOD MONEY MANAGEMENT
PLEASE SHARE YOUR VIEWS ALSO
Are we Going to hit All time High with DASH?After Almost two years DASH Has broke out his Weekly And Yearly Dynamic descending Line and Now we Have really nice pullback to the line with strong Engulfing Candle in weekly Time Frame ,ADX indicator also has passed the 20 period and it could be considered as good sign.
we could be hopeful that, price will break the mid line of Ascending Weekly Channel in few weeks ,than should deal with strong resistance zone between 150 and 170 $. if price could break this zone we will have really good Potential to reach 500 and 1000$ in medium period and hopefully ATH in few months.
New bottom of BITCOINHello dear friends
we had a short term support on 18500$ and price breaks that line
IF price can stay under the support line for 4H candle, i think we will have a true breakout
so...price we can have a pullback to 18.5k and after that fall to 16.2