Waves Protocol just printed a morning star on weekly, downtrend seems over and priority is upwards now, targeting 50MA resistance. PSX:WAVES #WAVESBTC #WavesProtocol #DApp ⚡️⚡️ #WAVES/BTC ⚡️⚡️ Exchanges: Binance Signal Type: Regular (Long) Amount: 3.1% Current Price: 0.0000721 Entry Targets: 1) 0.0000631 Take-Profit Targets: 1) 0.0001234 Stop Targets: 1)...
The probability of a long trade is determined based on the SMC, with analysis conducted across multiple time frames. This involved moving between timeframes to identify areas of liquidity and order blocks, a method known as top-down analysis, which entails moving from higher time frames to lower time frames.
BTC is currently testing the All time High. Will BTC just plough through the resistance because of the ETF's or is there any other scenario possible? There is an interesting correlation and there are also key differences between the 2017 Bull Market Cycle and the current timeframe if we analyse the weekly and monthly timeframe. Historic Cycle 2017 As BTC...
IMX has been in a descending wedge pullback after a three-legged bull run. This appears to be a textbook long setup, but is it? How do we trade this? 🤔 The long setup in front of us is reasonable, but there are a few data points in our way. What's in favor of a long position is the descending wedge pattern after a three-legged bull run. The pullback has three...
Doge pulled back 30% from its recent high just above $0.10, leaving the bulls to wonder if we're continuing to the downside or putting in new highs. Is this the time to enter a long trade? How do we trade this? 🤔 The answer is yes! We have several market indicators that point to a 1:2 Risk/Reward trade right here at this moment. We have three pushes down in our...
Bitcoin is in a critical price zone as this bull run has taken us from $15,500 to $52,800. Is this a situation where we short? Or do we prepare for a long? How do we trade this? 🤔 Shorting may be an option for a lower timeframe such as the 15m or 1HR. I would not be shorting on the Daily or Weekly candles, but waiting for the price to pull back to enter a...
NQ retraced to nearly 50% of huge bullish Daily FVG from last week. Weekly profile supports weekly low established on Tuesday or Wednesday. Daily low swept. After US open NQ made one more manipulation down and displaced higher leaving 15M FVG aligning with bullish breaker. I'm looking to buy at 15m FVG High. I will target equal highs established yesterday in US session.
Hello Traders, As per the weekly chart since 2011, NMDC LTD has predominantly traded sideways. It experienced a breakout in October 2023 and has been consistently bullish until last week. Currently, the stock is in a consolidation phase around its robust old resistance zone, particularly at levels ranging from 230 to 245. A retracement in the stock to the range of...
Reasons for bullish bias: - Price bounced from strong support along with 0.382 fib retracement - Price respected trendline - Strong bullish candles Entry Level(CMP): 291.29 Stop Loss Level: 279.64 Take Profit Level 1: 302.94 Take Profit Level 2: Open
Market opened on a positive note, but bulls were not able to sustain in the market and turned market negative, and made days low that is 21915. Nifty has formed big red body candle with upper and lower shadows. Bearish Engulfing candle is formed on daily chart which indicates bearish sentiments into the market. Today’s candle is halfway crossing the 9 days...
When BTC surged to touch 49K in the prior move we saw a shooting star candle form with a proceeding downward move. We see the same thing happen on the daily candle close once it hit $53k. We also see bearish divergence on the RSI indicator on the 4hr timeframe. If history is our teacher then a move down should be forecasted in the near term. As you can see from...
This is an update of my potential trade idea posted few hours ago. Now we have actual 15M bullish breaker with FVG aligned with it. I will target 1H equal highs for 1:2,4 RR. The logic of the trade is explained in previous post
We witnessed a free fall in Nifty today across the sectors. While the Nifty is falling freely a major support level of 200 hours EMA is approaching. Coinciding with 200 Hours EMA (Father Line) support is a trend line support which is near 21865. What seems to be the reason behind the market fall seems to be SEBI advisory to the Mutual Funds regarding their...
Since daily lows were taken on EURUSD I'm observing potential bullish breaker on 15M chart to return to NY midnight open level
NZDCAD is currently approaching a peculiar zone based on a key horizontal support and a solid rising trend line on a daily. Your confirmation to buy will on an hourly time frame. 0.8285 is the neckline of a double bottom formation. We will need an hourly candle close above that to confirm the strength of bulls. We can buy the pair then anticipating a bullish...
I noticed a strong bullish reversal signal on 📈DXY. The pair successfully broke through a resistance line in a descending channel after testing a significant horizontal support level. This breakout indicates the possibility of an upward trend, with potential targets at 104.20 and 104.41.
CME_MINI:NQH2024 - PR High: 18019.75 - PR Low: 18003.75 - NZ Spread: 36.0 Key economic calendar events 08:30 | GDP 10:30 | Crude Oil Inventories Little change from prev 2 sessions - Inside week range - Just under prev session high/close - Fading into BeZ Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session Open ATR:...
Scallops Descending Price looks like it’s selling off once again Sell the next retest of resistance