Crytpocurrency
TS ❕ BTCUSD: short to 33000A drop to 33000 is expected soon. In this case, it is necessary to wait for the signal.
SELL scenario: For a short with the target of 33000, you need to wait for the price to close below the level of 38080.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
SHIB/USD Here is an analysis that is being presented in this current time/space with the current metrics of the periods of the token. The market has been tipsy. I think one to many, if you ask me. Going forward the correction has weeded out the garden for the most part. Once the market correct itself, which will be soon, things will be on the Up and Up.
BTCUSD 4 hour chart 2022 - The lull and impatientThis is an amazing time. I see an almost vigilant push by society to accept the next generation of opportunity. This more than anything drives inspiration ad wealth and ideas ad will fill the pockets of many. Here I watch the BTCUSD pair navigate this sentiment. All aspects included.
TS ❕ FTMUSDT: down again This trading instrument is likely to continue its downward movement as well, which takes place within the downward impulse from the level of 3.1756.
SELL scenario: The next sale is planned from the level 2.5310. The best thing to do would be to wait for a confirmed signal. The main point here is that the price does not close above this level. We can consider going short after a false breakout of the level of 2.5310.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
TS ❕ ETHUSD: small up tooEthereum is also gradually approaching the resistance area. Now it is assumed that this movement will continue after which we can again expect a downward movement.
BUY scenario: It may be too late to buy, but one can try with a small volume from current prices. The target is the border of the downtrend channel resistance. For the target, although difficult to reach, we can take the level of 2938.00.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Polygon Future casting. The three paths.Matic is less rigid in its geometrical path through time. Its fluid. more curves. This seems like an advance in function. I will keep an eye out for it.
$5 DOT?I've heard it so often. Oh, this "coin" couldn't possibly go that low. And inevitably it goes that low.
What is "that low for DOT?"
$5
Yeah, if we break this bottom line of support then there is a high probability we will hit the bottom of the descending channel.
Honestly, kind of hopping for that capitulation so we can get this downtrend over with.
The Polygon Point money verse mantraThis is the reflection of this massive point of consensus, building up in the marketplace. It's pretty cool and reflects some nice development of the digital organism. Through time, their values should strengthen when patterns form. Patterns are heuristics for Traders. I think when AI is fully introduced that difficulty will disappear. What will remain, as long as humans are involved, is manipulation. I feel like we are watching two giants fighting. The natural flow versus maipulaiton.
This is is it folks! $17 or $33It is important to state that this is on a log scale chart. If you plot this on a non-log the bottom line of support is closer to $17.
With that in mind we are at our strong macro line of support. We break this we're going down to at least $17 in my opinion.
Bullish case: it looks like were in a descending broadening wedge which tends to break out bullish. I expect to at least get a bounce to test the top of the trend at $25 where we will hopefully break and head to $33.
Bear case: I still think we hit the top of the trend line at $25 and we dump hard. Breaking that macro trend line will require some volume.
Either way keep an eye for $25. Look for volume pickup at the break out.
Ultimately we need to break $33. We're in no man's land until then.
BITCOIN TO THE MOON OR TO THE BOTTOM OF THE OCEAN?I can't help but to think, that during covid lockdowns and when the U.S. government was handing out free Monet to individuals. That those individuals were simply using that money to pump the crypt market. Now that we are seeing a dying economy here in the U.S. we are also seeing a dying crypto market? When it cost 2x or even 3x more money to purchase the same goods that once cost drastically less. Then you begin to see more and more individuals start to re think where their hard earned money goes.
NZD READY TO GET OFF THE ROPES...? 🚨🚨🚨 Hi Traders
In this post we have broken down the most recent price action on Nzd/Cad.
I want you to look at this post carefully and really spot all the critical signs that you could have used to get in on the corrections and the next stages of the reversals.
On this pair we are currently still in an impulsive phase and we are waiting on seeing a sign of exhaustion or reversal for an initial correction.
Long term I want to see Nzd really take off but for now we will be trading the correction ands waiting to see what additional price action we get.
If you have any questions regarding the technical analysis in this post let me know in the comments below and I will be sure to make an education post on any question recieved.
As always trade safely and thanks for taking the time to show me some support!
The Fx Chartist
GBPNZD Almost Ready... ? 🧨🧨🧨 Hi traders
Hope you are having a profitable week.
Please see this beautiful Elliot wave scenario we are anticipating.
We are coming to the end of the impulsive wave 3 and we are expecting to see a retracement which will form wave 4. For this set up up we will need to see price retrace to at least one of key Fibonacci levels and then show exhaustion and rejection. We would then start looking for signs to get in on the next impulsive wave labelled number 5.
Price is starting to show some exhaustion at this structure level and we will not be taking any position until we see a successful break of the ascending trend line. We may enter on the break if it is extremely aggressive however it is definitely safe to anticipate a double top before the impulsive move away.
Please as always let me know in the comments your thoughts on this set up?
Would you like to see some educational posts on Elliot wave?
As always trade safely and thanks for showing me some support!
The Fx Chartist
WHICH WAY WILL HISTORY REMEBER BTC? Hi traders
Please see our above analysis on BTC/USD.
We previously analyzed bitcoin on 20/11/21 and predicted the bearish momentum perfectly down to the 40k handle.
I have linked this below.
We are currently in the process off completing a full breakdown off bitcoin and will publish in the coming days. Be sure to hit the follow button to receive a notification when this is published.
The chart is a weekly chart and shows the behavior off bitcoin when we had the same set up. This was a nice head and shoulders pattern but one which failed and bitcoin created a new impulse and subsequently a new high. Will we see the same outcome?
Is the game up for bitcoin ?
Let me know in the comments below your thoughts on bitcoins future and be sure to check out my full break down in the coming days.
As always trade safely!
The Fx Chartist
S&P500 Small Correction Before Break to The UpsideBull Markets go through 3 phases:
1. Stealth Phase- this is where the smart money positions themselves for the run. (2020) or Just check Nancy Pelosi's portfolio.
2. Awareness Phase- this is where we are at and have been at since the last two months when it has become common knowledge the Fed is going to decrease spending and tighten monetary policy . Sentiment gets hot and results in a pullback. All of these fundamental factors are being priced in and are likely very close to completion. The entire market knows exactly where it's going, there are no more surprises to send the market into a spiral. Excluding the unforeseen/outliers.
3. Mania Phase- Bull Market ends in a euphoric blow-off top. This is where my thesis suggests the market is about to enter. A strong break out above All-Time high from here could spark this potential rally.
Key Reminder- 80% of all US Dollars in circulation today were printed in the last 23 months. This is likely not where you want to place your capital.
Technical Analysis- Each movement higher has been set by the RSI touching support indicated on the chart. It has done it 8 times since November 2020. I expect this time to be no different.
Bitcoin breakout beginning of February?Bitcoin breakout beginning of February?
The slow but powerful MACD Indicator on the 3-day chart is hinting it.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing