Lets play a game... how many daily candles will close below this daily level? Leave a comment below! 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 below! This is not financial...
Hi guys. When trading its always important to learn/educate to find an edge on the markets. There are so many charts you can access to analyze/compare, etc. Its known that many ticker symbols can be used in certain ways to help understand markets in a deeper way. The DXY or U.S. Dollar Index is an asset that i use to assess Risk mentality. So keeping it...
The March Candle closes with approximately +16%, creating a price structure above the previous historical high drawn in 2021. A very strong signal regarding the long term, this favors the bulls in trying to snatch convenient prices until the short period will allow it by correcting on the most important supports. The last price structure that could act as support...
I don't make the rules. :) We are just surfing the waves of emotions, of the crowds. Here we have Monthly line chart with the RSI It clearly shows a quickening of the trend and how the 4 year cycle is likely to fail this time around. It is too well know as a theory and will be front ran. (in my opinion) We should get a RSI peak at this rate, around May...
As a price action trader im still waiting for confirmation and/or liquidity sweep however overall chart looks great with a tons of confluence for a POTENTIAL reversal 😉 We are still bullish on a daily. Yesterday printed a doji candle in high confluence area - daily and 4-hours order block responsible for the last breakout . We are playing around 200 SMA on...
The 2000 Top was still the "real" peak of the US stock market Built obviously on the expectation that the internet would change the world and teh global economy. This highlights how the market foresees the future and how market participants are forward looking. The #DownJones index is still 50% down form that peak on this chart you can multiple chart patterns...
It's time to keep a close watch on GALA, which is gearing up for a big move! If you're looking to trade GALA at the moment, here's a quick setup that you might find helpful! The idea is: Buy when the price breaks above 0.05955$ and take profits at the levels shown in the chart. Targets: 1. 0.062$ 2. 0.0655$ 3. 0.068$...
Hello Traders, welcome to today's analysis of XRP. -------- Explanation of my video analysis: In 2017 XRP created a massive triangle breakout which was followed by a +50.000% rally towards the upside. This rally then ended in 2018 and XRP has been trading sideways ever since. However there is once again a triangle formation and XRP is about to break out,...
KATA Inu has broken out and is now in price discovery, next target for w3 is .03c-.05c then wave 5 is .22c to .30c. From there we must watch for a very strong correction and analyze momentum indictaors to find some clues about the future of this coin.
Like so many out there, i have resentment over xrp, but then this beauty of a thing is showing bullish signs, off which i cannot just ignore. While other hate on xrp, others are about to get richer because of it. so who am I not to jump in on the band wagon as well. Based on the chart: Correction complete from 26 April 21 till 13 jun 22, then accumulation...
Bitcoin (BTC) has recently broken its all-time high (ATH) of $64,800, reaching a new high of $68,789. This has led many to believe that there is no more resistance ahead and that the price will continue to rise indefinitely. However, a closer look at the chart reveals that there is a significant resistance level at $90,000. Using upper resistance trend...
Look what we have here. Incredible price action from this stock.. what should you do if you hold it... or if you are feeling #FOMO maybe this idea will help. Inverse Head and shoulders there for all to see.
Bitcoin Long-Term Analysis: The chart illustrates Bitcoin's (BTC) monthly price action within an ascending channel since 2017. The red vertical lines indicate instances when the monthly RSI entered the overbought zone, historically coinciding with mid-bull market phases. At $75,000, BTC will encounter the channel's midline . A breakout and consolidation above...
Hi All, Decent Hidden Divergence here on the Bonk 5Hr, I waited for Momentum to pick up and have put in for a 25% long scalp. Looking to TP 60% and hopefully let the rest run into new price discovery. Cheers, BB
In the past, from bear market low to start of bull market breakout has taken LTC 102 weeks and 101 weeks for the last 2 cycles respectively. We can just say ~700 days from bear low it will take to get bull market breakout. As time of writing, we are currently at week 90 of 101 . Using these past time frames we can assume a breakout range for this bull...
Following closely on the heels of a Flag breakout, BTCUSD is ripe for another Penant Breakout. BTCUSD (Daily) Flag Breakout 1 Target 61170 (Done) Pennant Breakout 2 Active above 64000 (Closing) Target 71570 (Short Term) SL 60500
hello everybody. ladycoin is continuing to make moves towards the upside. When I first wrote about this coin it was at 000580. its now at 0010. Good levels to buy are at 000790-000820. Possible chance we can re test 000680 levels but I would not bank on it. Again, everything is dependent on the way BTC moves. However, with a marketcap of only 45M, you are getting...
Bitcoin Halving: Catalyst for Price Surges? Historically, Bitcoin's price has shown a tendency to increase after a halving event, although the exact dynamics can be influenced by a myriad of factors beyond just the halving itself, such as market sentiment, global economic conditions, and technological advancements within the blockchain ecosystem. Here's a brief...