Let's go for Ethereum $4000 or Ethereum $3500!!?
what do you think?
We have HH and HL on the chart so far; In other words, we do not have confirmation for a downward trend (((currently))). The resistance range that we had on the price area of $3943 has also been completely consumed.
As the resistance areas are consumed, the way to continue the upward trend is...
Anyone finding interesting setups in small caps this earnings season?
These often have more reliable patterns for swing trading. Since they are largely under the radar of the retail crowd, institutional patterns can be clearer.
NASDAQ:CERE is an example of a stock coming up in TechniTrader scans today. It has 88% institutional holdings. A compression pattern...
Hello dear friends
✔️ The long-term downtrend line has been broken.
At the same time, we have a positive RSI divergence in the daily time frame.
✔️ The support range ($1,523) is well maintained.
❕ If the resistance range of $3.6, which is a very important area, is completely consumed, the situation will become very attractive for us.
Considering that LL has not...
Bitcoin currently trading within a compressed pattern while clearly making new lower highs and lower lows.
Might have a high probability if the lower band breaks that bitcoin will look up the 25k range before finding some upward liquidity again.
Hello friends
On the daily chart , we have a kind of tight movement, the positive divergence of the RSI can be a kind of signal for the price to exit from the upper side, from this compression.
Provided that the current price trend is above the range of $1.02244, the possibility of the continuation of the upward trend up to the yellow range ($1.13871) will be...
Hello friends
On the four-hour time frame, we have a harmonic pattern combined with tight price movement. If the current trend is above the orange range ($0.6994), there is a high probability of forming an upward trend similar to the drawn scenario.
Don't forget the damage limit!
What do you think?
Hello my dear friends
We have a kind of intensive movement in the daily time frame along with the positive divergence of the RSI!!!
If the current trend is above the $1,736,915 range, the possibility to break out of this compression from above will be strengthened for us.
We are happy to hear your comments
Compressions patterns are an important one to watch for in sideways action like a bottom formation. These form as buyers gain dominance over sellers. I'd like a tighter consolidation to develop at the current resistance for lower risk for entry on the breakout.
1. HTF: Broke above a downward trend, retesting support but could not break it. We are the HTF Support Zone also marked on the chart
2. LTF: We are currently on the SUPPLY ZONE, we should have a sell outlook
I entered my second position on BTC just below $45,000. I am holding with a bullish bias.
I have been asked to share some analysis recently and an update on my thoughts as to what the price is doing following some resistance at $60,000 and support at $48,000.
I have carried out some extensive testing on this instrument against other currencies and I have also...
Morning Traders,
As we saw yesterday we were too early to the run to the 50k level and consequentially the 1.5tr market cap.
I have marked out and illustrated how i see price action playing out, I will be watching structure to determine how we progress.
The Illustration suggest we will get a compression on volatility which leads to an expansionary move to the...
Analyzing a horizontal compression pattern to determine future movement.
Looking at MACD and Volume to support prediction. MACD indicates a possible downward bounce and Volume is lowering into the weekend as expected but over the course of the week volume has lessened intensity.
All three of these combined trends are suggesting support is weakening and over...
TF: 4H
price climbing in a compression/zigzag mode. approaching the supply area.
clearing all the SND zones while doing the climbing.
Pro to Shorts at the last SND Zone.
TAYOR
RISK: 3%.
keep your SL small and risk tight.
Now we have the potential to make SELL actions. where AUDUSD as we have seen, is currently experiencing a compression pattern. Where we also have a valid and still fresh supply area. you can place pending orders at the level that has been prepared in the picture.
Happy transactions, and don't forget to enjoy preparing for the Christmas and New Year...
