On 4H TF Bitcoin is supported by Ascending Trend Line and it's also in Fifth Wave with target $40,000 Supporting Zone around 35,9 - 35,3K Now, wait for next move
AMEX:RSP chart analysis/mapping. RSP ETF rally representing S&P market breadth - offering legitimacy to overall market strength & further indication of healthy stock rotation, instead of "Magnificent 7" concentration. Trading scenarios: Continuation rally #1 = ascending trend-line (white) / descending trend-line (light blue) confluence zone. Continuation...
AUDUSD is displaying bearish intraday price action up around HTF resistance levels. watching for a possible reversal on the 4H chart
AMEX:DIA chart anaylsis/mapping. DIA ETF on relative strength compared to recent SPY/QQQ performance, indicating potential market rotation. Trading scenarios: Continuation rally #1 = top range of Fib. Shallow pullback #1 = ascending trend-line (white) / ascending trend-line (green dashed) / gap fill confluence zone. Shallow pullback #2 = gap fills /...
AMEX:IWM chart analysis/mapping. IWM ETF rally off late October lows on market expectations of the end to Fed rate hikes. Trading scenarios: Continuation rally #1 = multiple gap fill / 38.2% Fib / upper range of parallel channel (green) confluence zone. Shallow pullback #1 = 23.6% Fib / horizontal line (light blue dashed) confluence zone. Deeper pullback...
NASDAQ:QQQ chart analysis/mapping. QQQ ETF in consolidation phase after strong November rally. Trading scenarios: Further consolidation = descending trend-line (light blue) / multiple EMA confluence zone. Continuation rally #1 = top range of Fib / ascending trend-line (green) confluence zone. Shallow pullback #1 = 78.6% Fib / 200MA confluence zone. ...
AMEX:SPY chart analysis/mapping. Spy ETF strong rally throughout November - is it due for a pullback in December? Trading scenarios: Continuation rally #1 = gap fill / ascending trend-line (white) confluence zone. Shallow pullback #1 = descending trend-line (light blue) / 78.6% Fib confluence zone. Shallow pullback #2 = Golden Pocket / descending...
This count is based on my assumptions so anything can happen not a trading or financial advice just for fun only kindly do your own ta thanks trade with care good luck.
Only pullback of the last impulse 4H. Technically, we have clean momentum with plenty of liquidity $$ to neutralize. I see it up to 34,550 which is 50% of the FVG in 4H. As you can see, the price is in an area where it is taking liquidity $$ from August 31 and September 15. Additionally, about the indicators: fibonacci up to "Zona de Agotamiento -50%, -61.8%"...
One cryptocurrency that is lagging behind in my opinion is Polkadot. Our last limit order for DOT didn't get filled. After close scrutiny, it appears to be a completed Wave (a), with the formation of Wave (b) underway or just completed. There might be a brief upward move, but I don't anticipate it surpassing the level of Wave 1. A Flat pattern, whether Regular or...
After a Mega Breakout Nifty Faces Major Fibonacci Resistance in the coming days. This resistance is at 20720. Once we get a closing above 20720 channel going towards 22000 will open. Since Nifty may face consolidation / Profit booking in the coming days the supports for Nifty will remain near 20518 and 20021. 19659 will be the level closing below which bull run might end.
This count is based on my assumptions so anything can happen not a trading or financial advice just for fun only kindly do your own ta thanks trade with care good luck.
I invite you to review the ETH/USDT chart on a one-day interval. Here, using the blue lines, we will define the upward trend channel in which the price is fighting to go higher. It is worth remembering that such a positive breakout from the channel often results in a movement close to the height of the channel itself. In such a situation, we will use the FIb...
Based on recent trend activity and a preliminary technical analysis, the price of Bitcoin is showing bullish signals that suggest a potential surge towards the $35,000 mark in the near future.
AUDUSD broke the pattern of narrowing the price fluctuation range Buy at current price (0.6685) Stop loss at: 0.66606 Takeprofit at (Fibonacci extension 1): 0.67281 Capital management 2% for $100 000: 4.54 lots
The Nasdaq Future presents an intriguing chart. Following the completion of Wave 3 on July 19, 2023, we encountered a complex Wave 4 correction. Since October 26, we've witnessed a parabolic surge, indicative of the initiation of Wave 1. Interestingly, there hasn't been a significant correction resembling a potential Wave 2. Therefore, I anticipate a downward...
Levels obtained by Fibonacci and Gann tool for APEUSDT
The support range and resistance level for RNDRUSDT have been identified.