Bitcoin has just entered into a bullish trend, and just as it has started, it showed us a falling wedge. Using the Heikin Ashi candles, we can see this pattern is extremely accurate. A bullish trend is starting. CRYPTOCAP:BTC
Expecting a drop of 65%-70% from peak to trough in the S&P500 over the next 2 years.
A large financial & currency crisis is looming that should see the Nasdaq bottom around 80% from the top. The march 2022 bull trap rejected around the 30 week moving average and I am very confident in this forcast.
1) Bearish Volume Divergences 2) Bears pierced EMA (Exponential Moving Average) 3) Swing Trading Sell Signal 4) RSI crossed its SMA (Simple Moving Average) Conclusion: Bitcoin will dump. Target is on the red dotted line.
Todays set up on Luna Chart pattern (Symmetrical) Rallie cande (Atr Stop Loss + Reward 1.5) RMultiple of R5 Volume breakout Price has broken the area between 100-200ema (white) Retest on Moving Average Break
A great breakout happened.Now we hope a successful re testing the new support. I THINK it will hit the tp given on the chart. Good luck.
Solana showing an interesting pullback. Possible bounce zone off $177? This is a key area that could hold support or act as a change in momentum and become resistance.
1. High Demand Area - Every time price has been in this purple box area it has made BIG to moderate upward moves. 2. The biggest Parabolic upside move for CROUSD was after the bullish engulfing candle as marked. Now we could close today at another bullish engulfing candle again.. which means that we might expect similar up action to follow like last time (to a...
GBPCAD has formed a significant bullish engulfing on the daily time frame near a previous support level. The engulfing candle engulfed 4 previous candles and closed Friday. Clear accumulation reversal visible on the 1 hour time frame. Expecting price to bounce off of the 50% retracement level. SL set at engulfing candle body low. TP set at 3X risk.
Machines are leaving no trace what so ever before FOCM'S meeting. No recognizable candles on daily, weekly or monthly !!!
We can see Three Black Crows candles in BTCUSDT 4H chart. Correction is imminent!
Hello traders! We see the trend being broke on the smaller time frames like the 15 minute. It has passed the 50 ema as well as the 25 ema on the 1 hour. We see it was a bullish ride but now the bears are in control of the market. There was also a bearish engulfing candle for the entry so now we ride it all the way down. It is overbought on the larger time frames...
We are in a downtrend but this pair loves to retrace back to a level of support or resistance until it has enough momentum to push through support. Since this support line was a key level and had a hard time breaking through the only other choice it has is to retest resistance. It has created a higher low and there are several wicks on the candles showing...
Hello traders and investors! Let’s see how NIO is doing today! First, it is worth noting that it is in a short-term bear trend , because we do have lower highs/lows in the 1h chart. It also defeated the purple trendline, indicating some weakness. Now, NIO found a support around the $ 43.78 and it is bouncing back up. There’s some light in the end of this...
This is great news. We are seeing a beautiful retest. It is getting close to support level which means we could see a possible buy entry. I was unsure about this play until I saw us moving back down. Now we wait to see if it’s respected or not. If we get confirmation that this zone is respected I will take a buy position.
ETH just reached an important support level and - if broken - it could keep decreasing toward the next support line at 2.183 If the support will show to be strong enough, we could see an immediate bounce to the resistance level at 2.920. Next candles are crucial
Add GPPL 103/93 we seen 114/124/146+ view invalid below 85wcb Note: all views are education purpose only.
There is an interesting wick (drawing). The wick showed an intense demand in the area (38k), before the run up. A possible support area. Wicks are the foot print in the sand. Follow them!!?