Target is between confluence of MOVING AVGs/EMAs that is dynamic resistance and horizontal resistance at 25k.
Late Shorts are about to get rekt.
Invalidation point and target zone clearly mentioned.
NOTE THIS IS A BEAR MARKET RALLY i am anticipating and nothing more.
Not a financial advice.
$gsr quarterly, using futures, has now done a perfect Fibonacci 50% retrace, and begun to build a bear hammer, or engulfing.
Most reversals after a long upside trend are pretty violent.
Last time inflation was this great, it took 18 ounces of silver to buy one ounce of #gold.
As of July 23rd, 2022 @ 11:36AM (MST)
#Bitcoin is to complete the smaller #fractal #corrective wave 4 (in red) and #impulse wave 5 (in red), within the bigger corrective wave (c) .
Once Bitcoin reaches the green #shortterm #buying #accumulation zone, we would expect a #wychoff schematic of #accumulation to take place #signsofweakness, #lastpointofsupport,...
It looks like the price of Bitcoin is forming a Double Bottom pattern on the daily chart, which would be a Bullish Pattern.
We are in a pretty bad Macroeconomics environment, but if this pattern plays out, the target will be around $25.000. And this could have a more bullish effect on the price of Bitcoin mid- to long-term.
The break-out target would also be...
Good morning traders!
Hope you got a happy 4th of July. There was this scenario that I saw yesterday, but I didn't think it would actually happen that EURUSD would fall a lot. I guess everything can happen in the market. There's an AB=CD pattern as 0.382 retracement and 2.24 projection that coincides a little bit with the price lenght and the time leg. It just...
Based on the previous fib and the trendline support of in the CMF, can expect a bounce here at 1162 (0.5 fib) to complete wave 4 of the developing diagonal (count not labeled but this is likely corrective B of bigger downtrend).
If bounces at 1160s I’d expect 1 more leg up to complete 5 of diagonal at 3400s (1.272). Same as 3 extended from 1.
After 1340s will...
BLX 3M. ^10 charts only over here.
A bottom here near $6.8K fits beautifully.
Bullish fibonacci levels.
We could very well be living through the most important time in bitcoin history.
1:1 is pretty high up there. Whoa.
.. Just an idea.r
Hello to all members of TradingView and my followers.
With a good return from the $ 18,000 range, Bitcoin showed that this level of support could prevent further bitcoin losses for at least a few days.
The reversal is strong, but to get higher, at least in the 4-hour timeframe, the $ 23,000 resistance needs to be broken, so we can expect Bitcoin to take a...
If nifty opens below 16635 and crosses this level with a positive price action, then a bullish trade can be initiated. 16718 and 16793 will act as major resistance.
Foe any gap up opening over 150/180 points need to be careful.
With any opening below today’s high (below weekly CPR) bearish trade can be initiated, when NIFTY crosses 16524 level, which is the...
Nifty continued its retracement today on 1 hour time frame, broke fib .236 but could not sustain. This trend will be continued as long as it remains below 16600 level.
A downward trendline is visible, which will surely act as resistance tomorrow, if nifty opens below it, and for any opening above this line surely it will act as support. So, depending upon...