At the start of the year Natural Gas had a potential Bullish Shark setup at the minimum .886 PCZ and it ultimately failed to pivot from there but now we are significantly lower at the 1.13/1.618 Confluence zone of this Shark and are showing Bullish Divergence on the MACD as well as a 3 White Soldiers pattern on the daily. The bullish Target for Natural Gas...
Hello everyone, let's look at the SOL to USDT chart on a 4-hour timeframe. As you can see, the price is moving below the local downtrend line. Let's start with the support line and as you can see the first support in the near future is $22.52, if the support is broken then the next support is $21.27 and $19.67. Now let's move on to the resistance line, as you...
RULES: -If price break Point 2, 4, 6, 8, or 10 cancel the setup -Price needs to break Point 1, 3, 5, 7, or 9 to confirm the setup When price reach the 100FE(BLUE BOX) it normally does a pullback/retest or reversal The market can Truncate(fall short)
🟢 Here is a project that is off the radar in its embryonic phase, whose intention is to be an aggregator of Swaps, Options, Perpetual Contracts, etc. The risk is very high: the token is not yet on any CEX. Only traded on the Ethereum network and Arbitrum network. 📝 Definition "UniDex's primary mission is to provide the most seamless trading experience by...
SELL IDEA Look for a sell down to 1802 hit off support between 1802 and 1805, bounce back up to 1809-1813 . 1809-1807 area of interest for sell entry.Next Support at 1776, then 1733
Based on the daily timeframe we saw a nice upward trend and now price is retracing to respect the fib level, when you look at H4 and H1 you will see price action showing high momentum and volatility to downside, so first target should be around 31.8% fib level and if price continue we need to look for 1810 for our final target Goodluck Please follow for more...
- Remember this older chart ( December 18 - 2022 ): - Please feel free to check it to understand the new one 👇👇 - BTC Finalized his movement at exactly 161.8% Fibo. - BTC did what it had to do at the perfection of the Fibonacci Law. - when the FUDs and Bad News not influence the trend. - No need any Magic Ball, we just have to follow the beauty of...
Gold Forecast Gold is in a bullish cycle, and we will look for long opportunities when we see a clear 3 legs-down corrective structure. Unfortunately, the connector (B) of the current (A)(B)(C) is too shallow and it does not retrace enough according to our strategy to allow us to enter when the price reaches the IZ (grey zone). We do expect the price will...
MTF Analysis Monthly TF had a big push up from tapping the 38.2 Monthly Fib retracement. On a weekly TF, this retracement bounce on a Monthly 38.2 Fib is a bull run. This weekly TF bull run has run out right at the previous month's high, previous week's high, and prev day's high -- which was the best entry point had i done Wyckoff analysis earlier Anyway, since...
CABLE has been very interesting lately. Sterling has surprised with decent data but the overall outlook for the sterling fundamentally remains the same, the market is expecting one more rate hike. The strong data however is creating a very RANGY environment for this pair. We saw this when the last bearish move was RETESTED all the way to the 68 fib zone. My bias...
GBP/USD swing has played out almost as expected CABLE touched the 50 fib, dropped, then came back up and tested the next fib zone at 68 Price action rejected nicely at this point followed by very nice bearish momentum CURENTLY, IT APPEARS AS IF GBPUSD IS RETESTING THE TREND INTENSITY AND SHOULD NOT BE RETESTING AS DEEP Target is painted by our FIB...
Targets in chart. Let me know if you have any questions.
Price is at a key zone atm. Markups and notes on the chart but essentially I am waiting for price to signal for a long entry -- potentially at the low of previous month or at the H4 OB / unmitigated demand area within the key zone (blue highlight). The 50% of the H4 OB is in confluence with the 27ext. This area is also a 50's level. Either way, I am looking to see...
LINKUSDT is testing a key level at the $9.1 area, where the market has previously encountered resistance. This level is important because it has acted as a significant point of resistance in the past, and traders will be closely watching the price action to see if the level is broken. If the price of LINKUSDT is able to break through this key level and establish...
Bitcoin reacted at the 886 level as shown in last outlookbut came right back up, ignoring every potential sell zone in its way and is now about to break the area. Some kind of "disbelief" move is very likey to happen at this point with a quick rally to 30k as a very important psichological level and has many fibonacci confluence. Overall market sentiment still...
The clear up trend and the symmetry of the prior swing pattern have been broken. The resistance turned support so well. It’s possible to see another 100% extension as bulls’ target price. However, considering what is shown in the previous point and the descending triangle that the market is forming now, I stay neutral at this moment. Conclusion: 1. Long...
This is going one way only, quick paint study and it’s all laid out, first time hearing about it? that should tell you something :)
Our GOLD BEAR FLAG literally could not have played out any better. USD strength is being bolstered by multiple good data releases but that final rate hike and impending recession is on the horizon, gold eventually will be the best buy BUT Anyone who was not expecting this drop is realistically suffering from "Over-Analysis" as this example of a BEAR FLAG is so...