TA Technical Analysis Navigating the Waves of Bonk (Meme Coin/Token): A Technical Perspective In the vibrant and volatile landscape of cryptocurrency, Bonk, a notable meme coin/token, exhibits intriguing technical patterns worthy of a trader's keen eye. Presently, Bonk seems to be navigating through a phase of retracement, specifically within the Level 2 bracket....
Hello,Friends! EUR/CAD pair is in the downtrend because previous week’s candle is red, while the price is clearly falling on the 6H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 1.470 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely....
Last weeks high: $43584.42 Last weeks low: $41935.80 Midpoint: $40287.19 With the BTC sell off underway post ETF approval, we start the week hovering just under the previous weeks low of 41.5k. This area is the key S/R zone in my opinion and for now it looks like BTC bulls are struggling to reclaim that level. I previously stated in the last weeks...
Hey Traders, in today's trading session we are monitoring EURAUD for a buying opportunity around 1.64600 zone, EURAUD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.64600 support and resistance area. Trade safe, Joe.
Greetings, It feels like BabyElon may have completed the first major correction of it's life and is consolidating around the strong support of $0.0(11)800. If this support breaks we don't have much support until all time low. If the consolidation succeeds, we can expect a breakdown soon specially with team expected to have a big announcement tomorrow. Once it...
+ 1.) took 3 weekly lows 2.) strong weekly wick 3.) daily momentum 4.) 4h bullish orderflow i go only long if we stay above this zone waiting for more confirmations
+ 1.) weekly candle reject weekly level 2.) holding strong daily/weekly level 3.) daily momentum candle 4.) 4hour bullish orderflow -could be a pullback trade because we see momentum to the downsite, but still holding strong support zone- waiting for a small pullback then long
+ 1.) weekly orderflow bullish 2.) took 2 weekly lows and reject 3.) 4 daily rejection candles on 1.08680 weekly level 4.) daily divergence (weekly orderflow) 5.) 4h divergence on weekly level - 1.) daily orderflow bearish -could be a pullback trade- waiting for a small pullback then long
Hey Traders, in tomorrow's trading session we are monitoring GBPAUD for a buying opportunity around 1.91800 zone, GBPAUD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.91800 support and resistance area. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring USDCHF for a buying opportunity around 0.86000 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.86000 support and resistance area. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring USDCAD for a buying opportunity around 1.34000 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.34000 support and resistance area. Trade safe, Joe.
Hello,Friends! BITCOIN pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 6H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 43408 area....
TRB trading above the POC. There's a solid resistance level above 8% away. If we can reclaim this level, 15% will be the next target. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts...
PYTH has been on a decent climb after a massive sell-off. It managed to reclaim the VAL after the retest of the trendline breakout. all bullish signs and with bitcoin providing a nice bullish pump into the weekend, it'll provide a bullish narrative to fuel the altcoins this weekend. The levels are marked on the chart where I expect PYTH to have a retracement,...
Long entry from this region looks good . Target is around 2550$-2560$. If btc starts moving to the upside ether could also surprise us with a great move to the upside and tap that 3k region. All eyes on Btc dominance .
Waiting for that 47k region , entering long from this region is a good option. target 47k.
In today's trading session, our attention is directed towards USOIL, specifically looking for a buying opportunity around the 73 zone. USOIL, currently in an uptrend, is undergoing a correction phase and nearing the trend at the 73 support and resistance area. Adding a fundamental layer to our analysis, the ongoing geopolitical tensions in the Middle East,...
In today's trading session, our attention is on USDJPY, as we monitor a potential buying opportunity around the 147.500 zone. USDJPY, currently in an uptrend, is in a correction phase, approaching the trend at the 147.500 support and resistance area. Adding a fundamental layer to our analysis, let's consider the recent Consumer Price Index (CPI) data. Examining...