As you can see bitcoin is in a dire situation. There maybe a relief bounce to 33k to close a gap produced on the bearish push down. However I doubt that it will amount to anything, if it were to hold there is a chance for a new bullish cycle to start, but no signs yet. Instead we're developing momentum downward and will start to really grind if we don't get that...
AVAXUSD Let see if momentum enough for the 25-26 band till tomorrow despite negative market pressure. Be smart; be your advisor!
Break out setup conditions met with ATR being used as our SL for a 1:2 trade
PLAYBOOK SETUP: REVERSAL (all conditions met) ENTRY CRITERIA: MOMENTUM AIM: Minimum 1:2 RR
This code includes various input parameters that users can configure, including RSI and MACD periods, RSI overbought and oversold levels, MACD timeframes and signal period, and stop loss and take profit levels. By using the input() function, users can easily change the values of these parameters through the script's settings/inputs, without needing to modify the...
Treasury yields have been falling since October as traders look for inflation to cool. But now there could be signs of a rebound. This chart of the 10-year Treasury note’s yield highlights the series of lower highs in November and December. TNX kept squeezing downward in January, but this month jumped back above the trendline. Is the period of consolidation...
Price has stalled at a valuable structure and qualified for our REVERSAL playbook setup on MOMENTUM Lets see if we can capitalize on a quick correction for our second London trade. Probability of success: 50%
Hi Traders, Investors and Speculators of the Charts 📈📉 According to the trend analyses that we've been watching, we didn't want to see a candle CLOSE UNDER the current support zone of $21700. From a trendline analysis, the next demand zone would only be at $18400. We can confirm this by pulling up two technical indicators : the Phoenix Ascending and the...
Using half of our profit from last trade, we will go for another 2R on this last setup of London. Price has yet made another playbook setup and we must heed by our trading plan and take it. We have taken far more entries during ASIA/LONDON than we anticipated and although they were all profitable, taking these many entries is NOT what we recommend. Psychology...
Amazon.com tried to rally a week ago. It proceeded to fall on weak quarterly results, leaving some potentially difficult patterns on the daily chart. First, the single candlestick on February 2 was isolated above the other recent prices. That is sometimes known as a bearish “abandoned baby” -- essentially a failed breakout. The location of the candlestick is...
AUDCHF is technically showing bullish indications: 1. Price is close to trendline support. 2. CCI 20 Crossed -90 lower band, reinforced oversold area. Be aware of this risk, the presence of bearish marubozu candlestick, the lower bearish potential is also possible
The Nasdaq-100 has been running as investors flock back to growth stocks. But is it time for a pause? The index has gained each of the five weeks so far this year -- its longest winning streak since November 2021. Speaking of November 2021, the Relative Strength Index (RSI) ended yesterday at its highest level (73.53) since that same month shortly before the...
Additional notes: upcoming halving Strong bullish outlook for weekly long-term perspective. Bullish tendency short term (view follow up) This information is by no means financial advise, you trade at your own risk, I am in no way responsible for your actions, seek professional advise from licensed financial experts!
Yum Brands had a strong rally in late 2022. Now after a pause, the restaurant company may interest pullback buyers. The first pattern on today’s chart is $125.70, a daily closing high from last April. YUM hesitated below that level in November and then began the New Year by testing it. Prices are now holding the same zone again, which could suggest old resistance...
Will be interesting to see how these two will attract towards same price over time. Current target price is CPI $1.14 for both $ampl and $spot
Is there an opportunity to turn $100 into $1000 after all this selling? That’s what this idea/s are all about, focusing on ultra low market capitals, the $5 to 20m bracket. There are rules: 1) Must be an active project. 2) Must have more than one developer. 3) Must be printing a ‘incredible buy’ on 2-day dollar chart 4) Ideally printing divergence I’ve no idea...
BTC.D or Bitcoin Dominance is one of the most important factors for investors to find out, if it is better to keep more Bitcoin in their bag or Altcoins. Don't forget, it's not all you need to make your decision but it's the important one! To make a decision about BTC.D, I've checked multiple parameters on weekly time-frame chart, so we dive deep into them one by...
COIN's long downtrend reversed after signs of the end of the crypto winter and SBF brought to justice to clean up the crypto industry. Moving averages show the inflection and new uptrend. On the volume profile, the price rose over the POC line showing that buying pressure exceeds selling pressure. The chart pattern shows a double bottom late December and...