Hello, in this analysis, in H4 timeframe Litecoin turn bearish and the market make a flow with the bearish sentiment continusly We see that Litecoin is into this bearish channel formed from September on this year and then, we hope a short position pending to entry to pick down 2 targets that I show you in H1 timeframe. As we formed an ABCD bearish pattern, we...
Two possible channels in play. One has been previously confirmed: a bullish channel eversince a bit after the March market crash. The other is an uncofirmed bearish channel started since we've begun bleeding at the 12K mark. Which one of the two is the true underlying channel at play, should be decided October 15th. This is not financial advice, proceed...
9/26 XAU BROKE THE TRIANGLE TO THE DOWNSIDE AND CURRENTLY IS IN THE BUY ZONE THERE WAS A RARE TWEEZER BOTTOM MADE ON FRIDAY WHICH MEANS WE SHOULD SEE THE MARKET START TO PUSH BULLISH. WITH THE USDX BEING OB WE SHOULD SEE PAIRS CORRELATED WITH THE JPY, EUR, AUD & NZD SHOW SIGNS OF RETRACEMENT BEFORE STARTING TO PUSH AGAIN BEARISH. IF THIS HAPPENS THE PAIR WILL...
I looked at YFI twice in the last little while, last time I mentioned I'd update the idea at the end of the week. Here we are, and here I am. Gonna be relatively brief as the market seems teetering on a knifes edge across the board and this whole thing may be invalidated potentially within the hour if things decide to go toes to Jesus. You've been warned....
In Daily timeframe, Gold is formed a possible bearish channel, but now, very important is that Gold make for long-term into a bull rally. Now, as in the past Gold was into the simetric triangle, so we are now going to make the pull back to the $1910 USD. Now, in H1 timeframe we see a big candlestick and we hope a entry. So, I put a long order limit at $1964...
Pretty self explanitory. DOGE has been in a downward spiral the past few months after hitting an all time high of 60 satoshis. 25 satoshis is strong historical support. However, be aware it has dipped as low as 21 satoshis last year. RSI has flipped to the upside...but unimpressive volume and no follow through. I'd like to think this idea is valid if...
Hello Everyone A look at the EURUSD pair from the 4H chart which dropped to 2-DAY lows yesterday at around 1.1750. The pair slowly loosing it grip further as we touched the base of the descending channel structure. ECB remains attentive to the euro appreciation. FED'S J. POWELL will testify on Tuesday, wed & thurs. looking for structure to hold on the pair...
U.S. Dollar it's show this week a strenghten of the value, well, this par it's show a great opportunity of 150 pips Today, we have an economic calendar about the Bank of Japan metting today about the policy monetary, and well, I dont's surprise that Japan is ok in aspect of the economy, but remember that Forex it's manipulated by institutionals, we need to know...
Today, we have 2 news of New Zealand Dollar: 1. Reserve Bank of New Zelanad Interst Rate Decision 2. Reserve Bank of New Zealand Rate Statement Both news, I hope a good result and recovery in the New Zealand economy Looking in the technical analysis, we see that Australian Dollar don't have force to continue up, because as we could see a possible sell-off, so i...
PNTBTC is Waiting for a breakout from descending channel, According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. Here is the Plancton0618 technical...
LTCUSDT is on weekly support and on bottom of weekly channel. IF and only IF the price will lose the weekly support According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure ->...
VETUSDT is trying to break a descending channel and weekly resistance. IF the price gains bullish momentum According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h...
AIONBTC is in a descending channel and range (monthly and weekly) IF the price gains momentum and break the channel, we can see a retest on monthly resistance. According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure...
Repost** Evening Traders, Today’s analysis – USDJPY – Prices action is projecting down in a descending channel , until broken, price is likely to continue trading within two boundaries. Points to consider, - Trend bearish (consecutive lower highs) - Daily S/R breached (Resistance) - Oscillators equilibrium - Low Volume We can conclude that the immediate trend...
In this chart I had to stop myself from drawing too many lines. The trendlines make it clear to see that the greenback is stuck in a steep, downwards channel. The RSI is trending upwards, possibly indicating that the DXY is overbought even while the price is trending downwards. After breaking past it’s downward sloping support at the 91 level, it has traded...
XLMBTC in on weekly dynamic support ( previous idea ), and inside a descending daily channel. IF and only IF the Price will break towards up the channel We can see a nice bull run According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly...
Price broke out of a 2-month long descending channel 2 days ago. Now the price has reversed down and tested a small support area, and have resumed upwards. This could possibly show a trend reversal. I am currently holding this pair, and aiming for 1.35400. Stop loss is placed below the wick of the last candle (1.31100). If you want a safer and quicker trade, go...
Wait for an rejection or wick in this area then wait for that rejection to close, then take the SHORT position.