Yet another weekly timeframe analysis. Where it says "head' was the Eth All Times High (Axis). Take notice of bullish and bearish trends in the chart, volume, MACD and everywhere. Best sample to master bearish chart patterns, all in one place. Do yourself a favour and go on holiday. The borders are open again.
Do we really need to comment on this weekly chart? Head formed on the day of the ATH. We are in a downtrend and in red for the last 6 weeks. We are actually bathing in blood since the ATH (middle line). On the left of the line was the bull run and on the right the bear run. The chart (Trend, Volume, RSI) says it all, therefore there is no need for further comments.
Bitcoin seems to be riding a new down trend, I think BTC will fall to 37k within the next 1-2 days. It could possibly even go down to 35.5k zone in 2-4 days. I've been tracking BTC since its rise on March 14th, my bias is short I expect it to keep dipping. If Bitcoin does continue to dip down towards 35k I think bulls will then eventually take over and create a...
This study is not a trade suggesion, it is only my opinion on the basis of my belife and study. EUR-USD is working in a parallel channel since 4th of march 2022 now its on the verge of a breakdown/reversal . lets wait and watch for a perfect timing to enter. post your opinion in comments below - Wheather it going to bounce back into channel OR Will it...
All charts are pointing downwards again to 37.7-34.4k. If SPX, DXY and other stock assets continue the downward trend, bitcoin will follow at least for some time and may hit 36k range in 2-3 days. BTC will follow SPX.
XRP has been on an uptrend after breaking support on it's downtrend and i believe it'll break it's uptrend soon because it is approaching a resistance level, if it down break it's uptrend there will be a downtrend of 2% profit or even 4.5% profit! Goodluck! however if it goes above the resistance level then i dont know what will happen.
TWLO has seen a dramatic drop off of highs. It is currently downtrending with strong moves under the 10ema on the weekly time frame. I am looking to short the retest of the 10 ema on the weekly chart and short it to the ultimate target of 110. This is the low of the breakout candle made during the week of May 4, 2020. There is support at 150 and 130 between here...
Hi Traders, BTCUSD is in a downtrend, lets's check the day with the pivot point levels, Also de MA200. If the prices break down we might have a short ride until S1, or S2. Pls remember to check the trade when the prices break down the pivot level, and then continue the trend until S1, the retracement shouldn't break the pivot level going up. Hi Traders, BTCUSD is...
Expecting bullish price action on DOW JONES after price takes out weekly lows liquidity + institutional figure 33000$ where a lot of stops loses where, we have a clear bullish momentum confirmation on the H4 and we should go bullish from there. What do you think ? Comment below..
If the downtrend continues as we expect then we need to focus on the DOM C level as a potential target. If the markets were to 'gap up' on Monday it is our opinion those are triggers for going bearish into 'assumed strength' by the novice traders. We are heading for the May 2021 lows on SPY (aka ETF of SPX). NOTE: If this DOM C level is breached, then our...
Activision Blizzard ( ATVI ) Due For Snowslide? I personally enjoy snow related activities to include snowboarding. But I can assure you a snowslide event is furthest from my mind when I go. If I had a heads up for the probability of one occurring in an area, I'd take adhere to safety precautions or be far removed from the event. I believe that Activision...
VNINDEX has just ended an uptrend. Next will be a long-term decline in about 2 years. For derivatives trading, only sell in a downtrend and beat down. For basic securities transactions, it is enough to wait until early 2024 to buy gradually. Note: this is only personal opinion, not investment advice.
how expected , we played 4h macd divergence. Now market should connect to down trend again. Huge volatility in this bubble market. Can be only 1 advise - dont trade, or trade with very small position. Dont increase losing position. Only profit position is allowed to increase. look that you bring your stoplos into zero lose/profit area.
Price is bouncing of the 8 period moving average on a major downtrend on the 1hr time frame, recent rejection of 50 period moving average also. Taking a sell on this pair.
AMD (Advanced Micro Devices) stock price has been in a weekly downtrend, and is currently seeking a lower-low in the price. If quarterly financial earnings and news this year are not satisfactory, AMD stock price could test support levels to the downside. Bearish Price Targets: $85, $75, $65. Head-and-shoulders chart pattern confirmed, loss of $100 price...
EUR/CHF finds strong support at 20-DMA, break below to see more weakness Price action finds strong support at 20-DMA, break below will drag the pair lower. Momentum has turned bearish, RSI has slipped below 50 mark. Stochs show bearish momentum.
Caught a downtrend of an AUDJPY for homework for Forex Mastery Institute (FMI) so that I could mark up the primary, secondary, and minor waves.