-Possible we'll see $31-$32k this week
-Spot buy, no stop. Don't use leverage.
-Observe for reaction
-Good price area for relief.
-Expect choppy price action for next week.
-Choppy price action most likely after the dump.
-Reasonable probability for some relief.
-Potential for SFP (swing failure pattern)
-Buying spot, observing for reaction. No stop-loss.
-If doesn't develop as expected idea invalid.
-Scalp trade.
Hi ya, but... this is a choppy one.. and very hard to make the conclusion on how it going to move. But I cut down all the longer term info to ease my job.
thanks guys for read
This pair identifies strength vs strength in the forex markets right now with both currencies strong across the board.
We can see GBP is gaining on the NZD breaking through key short term Resistance levels. Lets see what happens at our long term key level in price.
Use wider stop losses on this pair to account for the choppy price action.
NASDAQ:AAL has been moving between 11.30 and 14.13 since earlier this Summer. Election time is truly the moment of truth. With a second stimulus bill in the works the main question that remains is when? Higher lows on the CMF shows that initiative for buyers is clearly there, comparatively to other dips it has formed a similar pattern. The earning beat is...
Unfortunately, politics play a huge role in the projected outlook for Bitcoin and other alts, in which we could see ETH drop to the upward diagonal trend line that originated after the COVID crash. Therefore, throughout the week and on through Oct, the market will be highly sensitive and choppy for alts, unless stimulus talks resume or some bullish news is...
This market has turned to chop in recent sessions.
As the attached daily chart shows; the bulls and bears have no clue who is in control.
Price makes a move higher, only to be crunched back lower in the next session.
This is a market (and similar looking markets) I am avoiding until we get a clearer price action picture and when there is far less risk of being...
Whilst price has been trending strongly higher for the bulk of this year, in recent weeks the trend has ground to a halt.
As the attached 4 hour chart shows; price is very sideways on the intraday charts.
This can be a tricky time to look for trades because inside this range is a lot of choppy price action.
The best play for conservative traders could be to wait...
This pair has been choppy and sideways all year.
The past few weeks have been no different. After a huge daily chart bearish engulfing bar, price went right back to forming an inside bar and going nowhere.
Whilst price is very sideways there are still trading opportunities. The best plays look to be trading both sides of the market from the range high and low...
Market in last 24 hrs
- ETHUSD price has been consolidating. Market moved ~2%, between $201.6 and $205.7
- Price at time of publishing: $201.7
Today’s Trend analysis
Price should continue choppy/sideways trend today. Most of the Oscillator indicators are neutral with a weak bias towards sell side. MACD histogram is in negative zone, RSI and CCI are weakly...
Market in last 24 hrs
- BTCUSD price moved down suddenly. Market moved ~7%, between $9.2k and $9.8k
- Price at time of publishing: $9,350
- BTC’s market cap: $172 Billion
Today’s Trend analysis
Price movement expected to be choppy today. Most of the Oscillator indicators are neutral. MACD histogram is in negative zone, RSI is trending down and is currently at...
Market in last 24 hrs
- As predicted in previous analysis, XRPUSD price consolidated. Market moved by ~2%, between $0.200 and $0.205
- Price at time of publishing: $0.2044
Today’s Trend analysis
Price should trend sideways today. Oscillators are mostly neutral and compared to yesterday more have switched to confirm neutral momentum. MACD histogram is at 0. RSI...
Market in last 24 hrs
- As predicted in yesterday’s analysis, BTCUSD price consolidated. Both bulls and bears tried to gain control, but both failed. Market moved ~2%, between $9.4k and $9.7k
- Price at time of publishing: $9,680
- BTC’s market cap: $171 Billion
Today’s Trend analysis
Price should continue sideways trend today. Oscillators are mostly neutral...
Market in last 24 hrs
- As predicted in previous analysis, XRPUSD moved up. Market moved by ~4%, between $0.2011 and $0.2087
- Price at time of publishing: $0.2044
Today’s Trend analysis
Price should trend sideways today. Oscillators are neutral with a bias towards ‘buy’ side but RSI moved close to 50 and CCI is now at 90, confirming that trend is not strong...
Price has been range bound now for the last couple of weeks and I wouldn't be surprised if we move lower in the coming week, falling into the 2700 handle as The TVC:SPX failed last week to create new highs. I think the market needs a strong catalyst to break the most recent high around 2900, however I wouldn't add a any new positions until we break the 3000...
Well, what have we here. Looks like Bitcoin's dropped into a range between $9300 - $9500 on the 15m chart.
If you fancied it go for a bit of range trading between these values, keep your stops tight and, as always when range trading - TAKE YOUR PROFIT AND RUN. Just take what you're given and go!
Good Luck & Happy Trading
Market in last 24 hrs
- BTCUSD price saw a sudden downward movement with volume surge. Overall market moved 12%, between $8.2k and $9.2k
- Price at time of publishing: $8,740
- BTC’s market cap: $161 Billion
Today’s Trend analysis
Price should trend sideways today. Oscillators are neutral and compared to yesterday few more have now flipped to indicate...
