I know everyone feels usually bullish whenever comes to looking at charts, but truth is simple - we are in bear market since few months. It is absolutely not a financial advice, but once we look at what CARDANO has to offer - we can all agree - it is PROBABLY a good investment. Solid team, daps, availability of soft forks etc. Most of guys here analyse markets...
Confluence of factors bringing indecision in the market; what's the next step?
Looks like everything is consolidating and compressing, taking a pause from the long term bullish trend; in particular, $DIA is sitting on a strong support from which it bounced off on the most recent flash crash of early February and another confluence is given by the approaching 200...
Told yall last week we getting ready to sell off. And Long Term. You always have to look at the other side of the coin If Trading was about popular belief we'd all be Balling. Make your analysis and also check the opposite. Whichever has the most confirmation, run with it.
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Took a chance an removed my SL after entry and soldiered it out but seems to have been worth it. Now SL is at entry so have nothing to lose and all the stacks to gain.
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This long-term monthly chart with the wave count (assuming its accurate) on it suggests we've made our high. A rally over the next few weeks should be viewed as an opportunity to sell at higher prices, and even short outright. I think SPX still needs to flush out again, but we may have our short-term swing low in place. Expecting a retrace of the swing back in the...
This trade is based upon current price action in relations to the Monthly and Weekly charts. In my opinion, price is currently in higher time frame supply areas, so i'm anticipating price action to continue south in this pair. I believe this trade will likely be open for weeks.
Entry - 1.59315
SL - 1.61896 (258.1 pips)
TP -1.48765 (1055)
Looking for big gains
Weekly: Shoting star Candlestik + crossed over moving averages to the downside
Daily: 50% fibo retracement + retest of the broken trendline done
H4: awaiting for a counter trend line confirmed breakourt + crossed over moving averages to the downside
Tonight we are looking at the Litecoin Chart. Based on what I am seeing here we are in the process of completing inverse head and shoulders which is a very bullish sign. This could potentially be the end of the bearish trend litecoin has been having! The 4 hour MACD lines are also looking to swing momentum of Litecoin to follow the Elliot Wave Analysis. Once again...
Technical Analysis:
- PAY/USD seems like a Wyckoff.
- Volume below the 2 big spikes to 5$ would also indicate an Wyckoff Accumulation.
- MACD bands crossing at the daily upwards.
- Volume still missing and still below POC 0.00% and monthly Pivot .
- Target for this rally could be 4.66$ (yearly Pivot ) or maybe we wick through to 6.9$ (100% Fib level)....
Hello traders.
This is my 4th long trade setup idea. The first idea stopped out with 1% loss, other 2 were canceled because it made lower lows. Now, we have new on.
I have an entry order above last top with a stop loss below the last bottom. I'm trying to catch the daily up impulse. It will be a very big wave. The possible target is 123.
Hopefully, it will make a...
