📊#BTC is jumping up and down, what will happen next❓ 🧠From a structural point of view, yesterday we achieved the goal of the double bottom structure and saw a sharp pullback, which is very reasonable. ➡️From the perspective of wave theory, breaking through wave 4 means that wave 5 has ended. ➡️The end of the correction does not mean that it will continue to...
Hello,Friends! GBP/JPY pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1D timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
Hello,Friends! USD-CHF uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.899 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the USD/CHF pair. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! Previous week’s green candle means that for us the EUR/CAD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.469. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! The BB upper band is nearby so EUR-JPY is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 166.784. ✅LIKE AND COMMENT MY IDEAS✅
Bitcoin's current trajectory hints at a nuanced phenomenon: a complex inverse accumulation pattern. This observation, though not widely acknowledged, carries significant implications for investors. While some may attempt to downplay or overlook these indicators, the meticulous validations suggest otherwise. As we navigate through 2024, there's a growing sentiment...
Stellar is Finally Set Big Bags Comin' The Can We Milk the Moon Shot to $13.77 ?
There is no need to panic, cancel any trades nor act fast; there is always time... Did we miss the bullish wave? It is true that Bitcoin is now showing multiple very strong bullish signals and this is no cause for alarm; Bitcoin being bullish is always good for us and the Cryptocurrency market as a whole. We love Bitcoin/Crypto! First, the chart: ➖ Bitcoin...
GM, this morning BTC started to drop again, and the candle close on the 27th was bullish but faced strong rejection. The fear and greed index is still in the greed status this morning, so overall there's still a chance for BTC to drop further. However, my personal opinion is that BTC might just move sideways between 69K - 70K until the end of May. Let's see where...
Yes, sorry bros, but my vision and some indicators that I use show that movement for Ethereum, outside of the technical, my emotions are like birds and they spread.. See you in the next Verano :D
Crypto markets have had some time to cool off and most assets have formed what is HOPEFULLY reaccumulation ranges. This is a daily chart for INJ. Price has pulled back to the macro trend line, broken structure to the upside, pulled back 50% and appears to be finding support following the momentum curve. Potential Targets: An ABC mearsured move target aligns...
Although I was bullish in the last two weeks. But by re-analyzing COT data and price action. I think it will go lower now. Which is bullish for the XXXUSD pairs. Always follow these rules - Accumulation / Manipulation / Distribution - No liquidity raid = No trade - Never buy high and never sell low “Adapt what is useful, reject what is useless, and add what is...
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (DOTUSDT 1M chart) The key is whether it can rise above 9.262 and receive support. (1W chart) It is expected to rise above 10.373 to escape the bottom section. To do so, the key is whether the...
Euro went to the external liquidity and during last week's slow price action it dipped to the D1 FVG (internal liquidity) If we look at the recent change in the last two weeks of COT data we can see that MM built big longs, so I think move higher is inevitable. Always follow these rules - Accumulation / Manipulation / Distribution - No liquidity raid = No...
I see on possibility for one more strong push-up before we get deeper correction. +20K longs added in last week and I think market makers will drive the market to the highs. Always follow these rules - Accumulation / Manipulation / Distribution - No liquidity raid = No trade - Never buy high and never sell low “Adapt what is useful, reject what is useless, and...
BTC has built a strong base. All bullish PD Arrays are respected. and it's going for the liquidation above 75K ATH. Would be interesting to see if it will be a break out for the bull run or it will come back down to the range. ETFs have positive inflows, which is a good sign. Always follow these rules - Accumulation / Manipulation / Distribution - No liquidity...
Gold is around ATH. Dropped to the lower band of ascending change and rejected from the OB. I see the potential of growth continuation up to the 2500 territory. In COT we can see a large number of longs added. It could mean bullishness also. always follow these rules - Accumulation / Manipulation / Distribution - No liquidity raid = No trade - Never buy high and...
XLM above each cycle trend line bottom The Stellar Development Foundation is still working on many updates and supply just reached half 57%. There is a reason why Stellar Foundation would want to push the price to another cycle higher.