We can see the bear is slowing down in the weekly chart as the whales drop the price and perfectly touches the .78 Fib ( very cheap price, whale entry). According to neuronetwork indicator, as you can see it already crosses the Hull Moving Average confirming the continuation of upward movement, If we see a doji on the lower time-frame for the next few weeks with...
This is an ACTIVELY managed BLOG CONTRIBUTION, which will be UPDATED WEEKLY with comments and trade ideas. | This way, I generate a SERIES for you, where you, as a reader, can - ACTIVELY - learn from the analyses, decisions, & interactions | In the following analysis, I do NOT highlight any specific scenario but neutrally look at the higher timeframes in the...
BTC Short Position Justification: Entry Zone: SHORT between 26,910 and 25,500 Stop Loss: 28,880 Take Profit: 20,690 Rationale: The technical analysis for BTC indicates a compelling short opportunity within the specified entry range of 26,910 to 25,500. Several key indicators support this position: Bearish Trend Confirmation: BTC has been exhibiting a...
Bitcoin performed a liquidity grab to the upside (origin of dump) now its heading to grab lower liquidities. 25.1 to 24.7 could be the possible target Thanks for watching
Weekly Chart AR's still in downtrend and trading at 4.2 now Daily Chart AR's on the ascending trend line acts a support Its' in recovering phase to 4.5 and the further resistance around 4.8 I expect AR will fall when hit the resistance Wait for next move
OANDA:XAUUSD is forming a false breakout of the resistance of the global nisode channel. On the local timeframe the price broke the trend support. Can this be considered as signals? Yesterday I talked about potentially important levels for us. Today, price is breaking the support area (local). The reaction to this is enough to break uptrending price channel...
We can expect range zone here for a while but soon after breaking 25K$ support more dump is ahead and we are looking for targets like 23K$. Major supports now are: A. 25000$ B. 23500$ C. 22000$ Major Resistances now are: A. 27000$ B. 28330$ C. 29000$ DISCLAIMER: ((trade based on your own decision)) <
We were looking for this breakout to the downside and now that green trendline support broke we can expect dump to the targets mentioned on the chart. DISCLAIMER: ((trade based on your own decision)) <
As we said before price is near two major daily supports like 0.06$ and 0.05$ and soon we can expect pump and rise here like the green arrwoso on chart. DISCLAIMER: ((trade based on your own decision)) <
HERE IS MY VIEW ON GOLD; GOLD has shown rejection at the resistance zone, has printed a bearish head and shoulder and has broken the bullish trendline....what i am expecting to see is gold price continue to sell...i will confirm this with the current 4H candle break on the recent support.
CME_MINI:NQU2023 - PR High: 15534.25 - PR Low: 15514.00 - NZ Spread: 45.25 Expected high volume following long weekend Evening Stats (As of 1:15 AM) - Weekend Gap: N/A - Session Gap: -0.33% (open > 15807) - Session Gap: -0.11% (open > 15939) - Session Open ATR: 246.89 - Volume: 99K - Open Int: 259K - Trend Grade: Neutral - From ATH: -7.5% (Rounded) Key...
The primary scenario is playing out and we reached the wave X area. There are several indications that a reversal to the downside is near.
The primary scenario (in green) is playing out and it looks like we finished wave (X). We can expect more downside as a wave (Y). The secondary scenario (in red) assumes more upside as a corrective wave B. That would mean we get an ABC flat correction instead of a WXY.
Price approach at area of value of two trend line rejection made area of confluence and also with 0.618 retracement and another confirmation through candles momentum loss through long wicks sticking out and also colour change once we get lower time frame confluence focusing short
The downside move on EURUSD continues. Yesterday we saw no big fluctuations and no change in expectations. The goal is breakout of the previous low and reaching 1,0700 level. Current levels aren’t suitable for new trades. Sells are made after a breakout and test or after a correction.
As mentioned in the previous article, BTC's upward momentum is weak. Even if the price temporarily rises above the EMA200, it's often due to positive news from Grayscale. In the chart below, you can see that after briefly crossing above the EMA200, it returned to around 25,600 within a day, and the closing price didn't surpass the resistance level at...
Although the last article talked about SOL reaching its inverse H&S target, it hasn't smoothly reached the expected price of 27.00 after struggling to break through 25.244. - In the chart, you can see SOL had a big drop at 25.244 and broke support levels at 22.845~23.460 and 21.979. Keep an eye on 21.979 as a tough price level since SOL continued to drop after...
BTC move in 100% level of fibbonacci extension level, next target could be at 161% level, but now there is confluence with standard fibbonaci level at 61% level price moving into…