Another month has passed since the last Altcoin Fiesta, excited to do a new one! My short-term view on the markets: In nearly all my Bitcoin posts recently I've stated that I was bearish until we can get a bullish weekly close above the top purple resistance. Seeing today's price action, we're likely going to close the week above said resistance. Near term...
After last weekends successful Technical Analysis Fiesta, I decided to start another one for this weekend🎉. My short-term view on the markets Bitcoin is still trading bearish. Wednesday's FOMC meeting has not excited the market and has led to short-term selling in both crypto and stocks. Still anticipating that BTC will move towards the bottom diagonal dotted...
So in this idee we can clearly see a nice double top formed and ABCD patter running great strong resistance line, also stoch showing that price is running above 80% about to go down to retest on the support area. Please share you comments on this idea.
Will be waiting for the retest before a entry on the big buy opportunity. The sl is very tight so just keep that in mind when looking at the idea, ideal sl should be by the 1.73934 Please leave a comment and like for the idea.
Price has just gone below the last HL, Have to move out of trap zone area ( do not sell!!! ) If price goes down to last HL marked yellow we could see a nice sell. Also a retest can happen back on the trend line make a buy for new HH.
If it breaks the triangle and the zone with high volume candle the it can fall up to the below target by 200-300 points
So looking at the DXY, I still feel we are expecting 2 situation (yes the old up and down what can we do in the world of charting!) I'm being bearish , sorry bulls! We are still expecting a move down. I have been stopped out of a large position because I was too eager to get my short in with high leverage. That's fine I will be risking a big short depending...
Hello! My profit target here is at 0.70640 where i see potentional entry for long after this trade and go back to 0.72 What do you think?
Bitcoin must cross two strong resistance $ 53,000 & $ 60,000 otherwise Bitcoin can drop up to $ 35,000🥴😵
Funding fees aren't sustainable. The liquidation chain will start soon. Bearish Wedge describes the first Target Price. (See RELATED IDEAS for a long-term view.)
Trading Neural Network finds correlation: Pumping USDT Dominance (USDT.D) = Dumping BTC Price (BTC/USDT). Machine's Wisdom? Or a Coding Error to be fixed? Linear Regression wedges forecast high USDT.D. AI predicts Bullish Wedges on USDT.D. If the correlation is true, BTC could crash. Chart Pattern matching finds correlating Bearish Wedges. The latter is on the...
If you think history will repeat, Please put your answers in comments and let's see by end of the day. Subscribe for more. Happy trading.! Best Regards, The MorningStar Forex.
A successful breakout today from Symmetrical triangle inching towards it's previous All Time High. The stock has a potential of going higher then its ATH . It took a support of the falling channel and the lower trendline(now for symmetrical triangle) One can wait for a retest to occur and buy around 670 levels for a short term trade. Well the Risk takers can buy...
Leading banking stocks are moving higher breaking out from falling channel. Similar breakout happened in Bank of Baroda which has given a successful breakout from its multi-year falling channel, retested it and continuing its upward move very smoothly. Also we can see a Flag & Pole pattern formation at the bottom of the downtrend indicating a near term target at...
The price has been moving in an Upward Channel and is around the Lower Trend line of the channel and there is also a Demand Supply zone around it. So there is a Confluence of both. A Confluence of 2 or more lines indicates a zone to watch out for some price action either side. But watching the buyers buying on dips and being active on the lower trendline and RSI...
I have been following STATUS for a while and I see that there is a lot of potential in it. There is a good chance that it will go up 100%. I would advise buying soon. Because I expect it to rise very high. I am new myself so comments are always welcome as long as they help me. I hope you liked my advice and if you have any questions please let me know. I...
After a hugh surge today , I discovered an outside bar(orange candlestick). This means there are a lot of instutional players. The new high is around 3211 per Ethereum Like, share and comment