BYBIT:BTCUSDT.P Goodmorning wonderful people, just an update on BTC and its next point of destination and today it really looks bearish we have consolidated around the 30k mark, and we have dropped slightly lower today ALTHOUGH on the bullish outlook we are hold a 30k double bottom on the 4hr right now and bouncing of the 50EMA. I still believe this will be...
Could we be seeing a possible head and shoulders pattern forming here with Ethereum? If so we could see price push up to HKEX:1910 before it falls down to $1567.
Here we are looking at TSLA on the Daily TF… As you can see, TSLA has been trading within a symmetrical triangle since November of 2022. After being rejected from resistance in late February, TSLA made its way back to support, and so far has bounced towards resistance again. As you can see, price action has began tightening as it makes its way into the apex of...
A simple strategy is to long when price tests from above and reverses back up from "S4 Line" and/or "S5 Line" (🧐).
This currently level is ugly, from here could is fully in. This 200 EMA on a 4hr TF could potentially 📈bounce the market, most interesting area If 📉broke down this level could lead to 💲21580 to 💲20800 TP1: 💲23636.3 TP2: 💲24541.9 TP3: 💲26022.7
Hello again! After our very successful short positions from 48k to 38k, i can see lot of long possibilities in the markets. Id like to be bullish on 37.9k on Bitcoin. Maybe scale long all the way of the bearish manipulation wick what occurs before we are moving bullish. We need to look where are market movers setting their Buy positions. As told before us30 was...
Opportunity spotted like most of my trades, through a double bottom, failing to break a resistance line and following previous market patterns.
we are looking at resistance trendline in the outer structure with the anticipation to sell , but at the current moment in time /structure we are raging between a support and resistance . we are anticipating for a break of structure to form a lower low or a higher high , so that we find a trend that we can trade with .
there is a clear break in the resistance brick wall in the downtrend on this pair , what we are looking forward to is the reach of the the retest zone then hop on the lowest entry timeframe for a chance of longing this , there are two levels indicated by the red layers which are our previous lower lows of the down trend , at each we will be looking for a longing...
We can see that Gold has a hard time breaking the resistance line on the Daily . There isnt enough volume of sellers so there is a very low probability that we will break out of the resistance in a downtrend . There is a high probability Gold will go into an Uptrend after testing the resistance again .
MACD is about to cross, plus its near the 200 EMA, great time to gone long from here Target mid term with 1.50332 with a stoploss of 3% from the current price at 1.20004
Possible breakout of ETC, before longing wait on candle close above 20 and 50 EMA. Also by looking at historical data, we can see a breakout happening again.
Cardano is ready to explode to at least 1.47 . Summetrical triangle is forming . pennant pattern is already formed.
On EURCHF, price is sitting around our support and on H1 as it's clear, we have an objective trendline. A long position can be entered if the price breaks it upward. Until then Trade Safe. If you like the idea, support us with a like and a follow. MacroForex
If this should play out well,my max target is 1.8400
Simple Analysis for the Pair EURUSD in the chart 1H Shorting according the the trend lines + crossing with Moving Average M50 could be a good opportunity for buying
Looks like it will be going for a retest of the high we set yesterday
I've tried to put as much useful information as possible on the chart. Not only showing the trade, but also the story leading up to the trade. The shorting zone is our key factor here. This is were price reacts to and from. After breaking this zone, it acts as a very strong support. This in combination with the new longing trendline and the fact that price has...