The price closes below the level on strong movement (against the background of news). Most likely, the instrument does not have the energy to continue moving down, I think if the price returns beyond the support level, into the long zone, then we can expect the price to rise to the resistance zone. My target is level 0.70625
Traders, if you like this idea or have...
RAY / USDT
Price is testing resistance line on chart and Also with RSI
bullish rally is expected once breakout is confirmed
Support area on my chart must hold
Keep your eye on it
ETH / USDT
In high time frames ETH is retesting previous strong resistance which acting as support now
We also have uptrend line still valid and not broken since march 2020 !
Price can drop more to test uptrend line no problem with that ,As long as we hold above these support levels we are simply bullish
Note1: ETH usually follow BTC
Note2: market turned...
Several of my recent US stock market posts have noted that a major peak of the bull move since March of 2020 could be made in December 2021.
The SPX decline from the 11/22/21 top appears to probably be a correction within an on going bull move.
During the decline from late November 2021 the VIX has had six consecutive breaks above the upper Bollinger band - the...
Hi traders:
Here on NASDAQ price is once again at the top of the overall structure.
From my 2 previous short idea, they all hit the bottom of the higher time frame ascending structure, but did not continue lower.
This is simply a sign of the HTF correction phase isn't over.
Now, we are once again at the top, and bearish price action has begun on the LTF....
Hey everyone! 👋
This month, in preperation for the new year, we will be theming our posts around the concept of building a solid trading plan!
Later posts in December will look at the key elements involved in building a rock-solid game plan, but today, to introduce the concepts in a fun way, we will be looking at a completely hypothetical situation.
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Let’s...
Oil is a turbulent market because its price is heavily determined by future economic growth, the landscape of the worlds' Oil cartels, airline and car travel, investor sentiment (speculators in future market) and the pace of distribution and refinement. The new Omnicron virus has threatened the recovery in financial markets as, current valuations are based on the...
Hello traders!
For a long time, the Forex market has created a large number of trading methods.
Finding your strategy that suits you specifically is one of the main steps in achieving success in the Forex market.
And it is worth remembering that successful traders do not use anything magical in their trading. Everything has been invented for a long time for both...
I have been using the AK BB MACD indicator for the TQQQ since the crash of 2020.
The QQQ will have to come back down to zeroline of this indicator. The question is when? Until then continue to buy the dips on the supports outlined in blue lines
Today, we will take a look at Square INC.
The main context for the price is the previous corrective structure (white lines). In August, the price apparently made a breakout which then got back into the structure once again, creating a secondary structure (yellow lines)
We always work with the idea that the price moves between zones of the same degree, so, in...
Before reading, get rid of your moonboy mentality and no emotions for dips/corrections! Cannot rule bearish scenarios! Dips are for buying!!
People are so focused on the hourly/daily timeframe that they get emotional on every dip! Take a step back to the weekly/monthly timeframe and see why I'm so bullish now. Stop looking at the short term dips/rise. Short term...
BINANCE:SOLUSDT
Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
#SOL is moving in a different based range zones since 17th September.
There are some similarities between this zones and movement !
- On every range zone, There was a deviation below...
We may be at the start of a market panic.
---Start Scene Part 1---
Omicron has arrived to meet "nontransitory inflation" in a romantic Italian restaurant for dinner.
Darth Powell has also arrived to slay the beast of inflation.
The ensuing scene might represent a scene from Tarantino's Kill Bill movie.
---CUT Scene Part 1---
In any case, I sold all my holdings...
Let’s face it, 2021 has been a crazy year. Between the meme stock mania, the exponential growth of cryptocurrencies, and the NFT flipping craze we have seen over the last few months, it’s been a year of unprecedented moves. And, when unexpected things happen, everyone tends to learn new things - about risk, about themselves, and about the world around them.
To...
Hello 👋
I am long term bullish on BNB and expect to see price increase going into 2022. BSC is home to many popular (also many risky) Play to Earn Dapps.
For today we will be focusing on one Play to earn on BSC in particular.
This idea is about Binamon (ticker BMON) a game that was created on Binance Smart Chain. The game is still in development so I suggest you...
As we can notice from the graph, a beautiful descending channel has been formed and the price is currently sitting on the lower boundary of it. We can see some signs of bullish movements around this area and we are pretty positive that the price will keep rising and reach the upper boundary of the channel. However, we have to take into consideration the major USD...
Bitcoin as a market has represented a series of parabolic advances on a log scale dating back to 2011. The recent correction has held above the current rendering of a parabolic advance. This rendering is a bit more complicated than previous parabolas due to the Covid crash in 2020. However, if the chart is viewed on a weekly closing price chart the parabolic curve...
Hello friends, today you can review the technical analysis on the 1D linear scale chart for Bitcoin (BTCUSD), a cryptocurrency.
#CryptoPickk noted in the chart:
1) The price recently formed a cup and handle pattern forming since April 2021. Shown in purple shade arcs.
2) The price broke out upwards to make all time highs.
3) Though price broke upwards, the...
