Hello, I invite you to review the BTCUSDT chart on a one-day interval. First of all, it is worth marking the sideways trend channel in which the price has been moving for more than a month with white lines, while locally we can mark the downtrend channel with yellow lines. Now, using the Fib Retracement tool, let's check what resistances should be taken into...
I’ve been waiting over a year for an entry point on Tesla. Today that day is finally here. Those golden level supports go back to each inflection point, one of which goes back to Teslas IPO in July 2010. Not to mention that Tesla reports earnings on January 25, 2023, in one month, and they’re estimated to report the best revenue ever, are in the best profits...
Based off WTF are we expecting a drop on GOLD?? What are your thoughts
I invite you to review the LTC to USDT chart on the 4H time frame. At the beginning, let's mark the uptrend channel in which the LTC is moving, but what we can see locally is below the downtrend line. As we can see the first support is at $61.91, if the support is broken then the next support is at $55.69 and $47.60. Looking the other way, we see that the first...
Hello everyone, I invite you to review the chart of ETH vs. USDT on the 1D time frame. As you can see, the price of ETH has been moving in a downtrend channel for a long time. Now let's move on to checking what support spots we should consider in the coming days or weeks and here we have the first strong support at $1128, but if the price does not hold at this...
Hello everyone, welcome to the BTC/USDT 1D chart review. At the beginning, we can mark with blue lines a downtrend channel in which the BTC price has been moving for a long time. In addition, it is worth determining the main trend line using the white line, valid from the previous ATH. Now let's look at what support to consider should we experience a further...
Yeah, i actually expected if gold will do rebound on 29 Nov 2022. But i didn't expect that it will go in a reverse direction. So, basically in order to forecast the market you must know 3 aspect 1. Fundamental > The cause of effect (it's main correlation and macroeconomics aspect) 2. Technical > The main idea (stochastic, fibonacci, SnR, smart money...
Traders and investors, DXY (Dollar Index) is still bullish and may continue to rise up. In the coming days or weeks please pay close attention to the price action before making sort of decisions in the market. Irrespective of the asset class or the market that you are trading, make sure that you are watching dollar as it can change impact your trading plan. In...
From the chart, the uptrend from the market top November 2021 peaked and reversed from a double top. Now on the downtrend , it has hit the Fib 0.5 level of the retracement. I look for a reversal to the upside now as that Fib level is tested and holding. I will play this with some call option contracts with an expiration in 4 weeks.
not looking good TBH. 618% retracement level from 2020 covid crash to 2021 bull market top is $37. All the news lately makes this coin look like LUNA did B4 the grand finale IMO.
I invite you to view the BNB chart on a one-day interval. In this situation, we can mark a sideways trend channel where we are approaching the lower part of the channel, after the huge increases in 2021. We are in a downtrend locally. Let's check with the Fib Retracement tool what resistance we should consider in the coming days or weeks. First, the price has to...
Thinking the 5th on the expanding diagonal finishes around 3,330 but if not then diagonal likely invalid and 2900-3,000 will hold as massive support.
In today's post I present relevant marks of the S&P500 for the next week, which could support the one or the other, in their own analysis. = since it is a very short-term time frame, I will not comment further. = the technical analysis approaches, are shown in individual pictures in the contribution. So that an individual interpretation of the respective -...
In today's post I present relevant marks of the DXY for the next week, which could support the one or the other, in their own analysis. = the technical analysis approaches, are shown in individual images in the post. So that an individual interpretation of the respective - standing alone - is possible. = the title picture shows an example, of a possible trade....
GBPJPY is looking to mitigated a supply area in near 168.9xx and I expect the priced will react to at least fibo 50.
Hello everyone, welcome to the USDT MATIC chart review. As we can see, the price has broken out of the downtrend line and now we can mark the uptrend channel in which the price is moving with the blue lines. Now let's move on to determining the support for the price and here we see that we first have a strong support zone from $0.82 to $0.70, if the price falls...
Hello, I invite you to review the SOLANA chart in pair to USDT, let's start by marking with blue lines the triangle in which the price was moving, as you can see, it managed to go down. Currently, the price has approached the resistance at $14.91, however, we see a small price retracement, however, if the resistance is overcome, then the price will have to fight...
Hello everyone, I invite you to review the LTC/USDT chart on a one-day interval, here we can also determine the uptrend channel using blue lines, despite the price breakout attempt at the bottom and the top, we remain in the channel all the time. Let's start by identifying what support we have in the coming days, the first support will be at $75.29, but if that...