Happy Sunday everyone, this analysis is a medium term analysis, which closes the position in the next two or three months. In this analysis, I used a daily time frame, because if I used 4 hours, it wouldn't fit on 1 chart. Cardano has touched channel up support that was formed since early November last year, and this pattern is still very strong and persists to...
Looking at these two banking tokens on a weekly line chart it is not hard to see that the price action pattern of both has been nearly identical. Using a log scale to measure the change in percentage we see they are topping and bottoming together but yet XRP is up nearly 2x over XLM. If we look at the first range xrp traded in at launch we see a lower double...
BIAS: Mid-Term: BULLISH Short-Term: BULLISH -- The price action as expected successfully played out according to the plan level we marked. Currently, the price action has filled out the FVG gap level which was marked between $69,371 to $67,245. - MAIN INTEREST LEVELS ⬇️SHORT⬇️ $70,135 ⬆️LONG⬆️ $67,604 PREDICTED DAILY RANGE $63,039 - $73,875 -- VIP ACTION...
Inspite of recent bearish sentiment BTC targets remain the same. There is a lot of confluence in the 75-95k area for a major top. May or may not be the top top but likely will create a long pause or sizeable retrace. Price has already made it to a "potential top" but has not broken any technical trends and after its usual 25% will likely continue to the upside...
This is a weekly chart highlighting reoccuring cycles based on past trends. These are simply points in time to look for reversals or distribution and re accumulantion for continuation.
Ethereum ETH futures gap, the red line price is the gap waiting to be filled, the nearby price will be filled recently, and the low price will be filled later.
Ethereum in the last few days is forming a clear DB in a massive buying area respecting all the indicators and pattern. I think price will make the exact same move we say last time we make a DB after a new high. My next zone on ethereum for possible close of profits will be in the ATH
In a taylorist expansion trend, the shaded area represents the 1.2 : .8 estimated strike targets. From which a Diamond appears. UNLESS fundamentals fail and the stock experiences a 0 02 % SD move. Can begin setting parameters for potential strikes with higher probability.
The GOLD market is currently showing strong signs of a bullish trend, characterized by the consistent formation of higher highs (HHs) and higher lows (HLs). As the broader market embraces a bullish sentiment, GOLD is intriguingly break the all time highs, and create an impeccable Cup and Handle pattern. 🔍 Technical Analysis: The pattern suggests a classic...
The candles are on the resistance line and under the cloud, this is not a good sign to climb We see volume candles that are very weak. It means that the market is confused We see the hanging men's candles and doji, which is not desirable at all Tenkensen came to support and raise candles, but now is going to resist and suppress The only positive sign is conjixen...
In our recent pull back looking at the doge daily we can see that the wave trend indicator has put in a lower low but a significantly higher low on the price. Typically this is a solid continuation signal. Down side momentum should be slowing and possibly rotating up with a higher low. The daily Vwap is also crossing back above the zero line which typically is...
An unusual but valid deep spring could've happened. Getting back into the trading range makes it almost impossible for it to be distribution. I am longing here. It is what it is.
BINANCE:BTCUSDT SP:SPX TVC:DXY CRYPTOCAP:USDT.D After the halving event in 2024, it is expected that the price of BTC will increase significantly, accompanied by an ABCD formation.This scenario has potential too.
Safety Shot Inc is a wellness and functional beverage company. It is set to launch Safety Shot, the patented beverage that helps people feel better faster by reducing blood alcohol content and boosting clarity. This is not a financial advice! Shs. Float 34.01M Short Flaot 7.61% Rel. Vol. on 03/18/2024 at 1.46 (needs to get higher for a breakout) We need to...
I consider these 4 components when taking my trades. Levels - Look for previous Resistance levels to become areas of support, Look for previous Support levels to become areas of Resistance. Structure - Basic Elliott Wave Concepts. Look for An Impulse Leg making a new Higher High or Lower Low, then wait for a pullback to Level. Structure qualifies Identified...
For Taking trade in 1 Hour time frame, first select 4 hour time frame and then select Line chart instead of Candle Stick Chart. Change Properties of Line Chart for Price Source as High. Then mark red coloured horizontal lines at peaks for Resistance Levels 1, 2 and 3 and Label them as R1, R2, R3. Then again change Price source to Low and then mark green coloured...
XRP has been stuck trading in the same price range for the last 5 years. The real question is has it established its fair market value range or has it been just supressed by its pending law suit with the SEC. Personally I tend to lean more twords the later and expect real price discovery to occur after a decision has been reached on their status as a security. ...
Xen has been along time personal favorite and after months of selling pressure from early minters price appears to be on the rise. This is a Daily chart and is up approximately 150% in 3 weeks. Currently price is pulling back into past resistance and if there is a bullish reaction the rally may continue. Current Trading Plan: Hold long and accumulate the...