When we examine the last 3 mismatches between the price and the Relative Strength Index, the view that emerges can give us an idea about the possible correction in the price.
You got to pump it up (16,000)
Don't you know? Pump it up
You got to pump it up
Don't you know? Pump it up
You got to pump it up (18,000)
Don't you know? Pump it up
You got to pump it up
Don't you know? Pump it up
You got to pump it up (22,000)
Don't you know? Pump it up
You got to pump it up
Don't you know? Pump it up
You got to pump it up (19,000)
Don't you...
Hello Guys.
How are you?
I hope you always be happy and successful
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Today I want to give you an update on the movement of the Bitcoin
So, Let's go.
In my opinion, Bitcoin is done, Unless the price can stabilize above $38300 with a strong candle, preferably Marubozu with high volume (stay above 38300 for 2-3 days) the volume must confirm...
Hello guys.
How are you doing?
I hope you feel great and always be happy and successful.
today, I want to talk about Bitcoin. It's an update and the expectation about the movement in Bitcoin.
So, as I always said it's not financial advice. please just read and do based on your strategy.
So, Let's go into details.
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I drew this Fibonacci channel a...
Sure, there is upside to 1780 and it could keep climbing, but I think we're going to see it drop before that occurs. There is a support trend heading in the bearish direction
Then you have two really weak resistance lines developing on short term charts. Which makes me think it's about to see a drop off of those and then head to the bearish support trend.
...
Sharing my chart for SPY for this week.
This is nothing more than a preliminary trading plan that prepares me for movement in both directions.
TBH, I'm not totally sure how it plays out yet, it's one of those moments where you have to keep reanalyzing in real time to adjust prices and trends.
I can say with some certainty that there is a pretty good price drop...
Hello Traders, here is the full analysis for Bitcoin in a daily time frame, Let me know in the comment section below if you have any questions. I suggest you keep this analysis on your watch list and see what will happen and will my tragedy prove!!!
Today I want to talk about BTCUSD
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Before that, I want to remember...
Analysis:
We took a trade on this pair the other day but we ended up getting stopped out due to the bearish news that came out for the USD however we're going to take another shot at NZDUSD. We are still bearish on this pair because we're still in a downwards trend. We haven't formed a higher high yet which confirms that we're still in a downwards trend. Price...
Analysis:
To start off with this isn't our favourite setup. We don't have any added confluences which whilst aren't required for a trade to be valid in our opinion, they are still a nice thing to see and they provide more confidence. With that being said just because we don't have the these added confluences this setup is still valid and there are a few reasons...
27,8k was rejected and 27,5k was a strong resistance.
Looks like we going down to 24k... 20k.
An idea about incoming panic phase.
Wouldn't be surprised if we hit 10-12k to be honest.
Don't underestimate the drop power of this market.
Good luck.
Analysis:
We were looking at this pair not that long ago for long setups, however we didn't get this in the end and price actually broke below our level that we were interested in. Looking at current price action we've now got a bearish outlook on this pair for multiple reasons. As we saw price break our level we are not longer in an upwards trend, meaning that...
Good morning fellas,
This is a continuation based on my last post made on the 6M chart.
This shows the weekly and how we're currently being rejected from the neckline.
Stay thirsty.
The overall stock market is expected to drop in the near future. This will either happen Tuesday or Wednesday. The S&P 500 has some historical trends based on the indicators and trends in the indicators. With help from the Elliot Wave analysis we can see that wave 3 has nearly fully formed. But lets look at the indicators and historical trends. If you look at line...
We're at the start of resistance with reducing upthrusts in price action. Expect if we can even make it to new highs it will be rejected violently, ultimately sending it below 26.2k.
