BTC is forming a descending triangle in the weekly chart. Possibly a bear continuation could result in lower lows, with targets at 10k BTC needs a big volume spike to break the descending trend line. and form a double bottom in order to establish the bottom.
Monday will determine where we are. I have three theories for now. Most importantly I am not yet convinced the near-term bottom is in because other stocks that have followed the market pretty well have not finished their wave 5 bottoms which would have them notch lows lower than their wave 3 bottoms from June. The S&P 500 index ended its last long bull run with a...
Price is making higher low price is at horizental support along with daily trendline support . so now here we can espect bullish ralley .. price currently rejected frm horizental support. entry .current market level and ride the trend with dow
A simple box in 20 candle to monitor price Top is the highest and bottom is the lowest of close in 20 candles. As close is moving outside this box then the signal is up or down trend. Code sample: low_val = ta.lowest(close, 20) high_val = ta.highest(close, 20) //Create Box box bx = na bx := box.new(time , high_val, time, low_val, xloc=xloc.bar_time,...
I copied red trend line from all-time high of bull market 1 to bear market low to next 2 all-time highs. Bull market 1 retrace perfectly matched retrace of bull market 2. Now we are in bull market 3 and if we retrace the same as 2 previous bull markets we are on the way to 10k. I would expect rally before that, something like 30-40k then big dump to 10k... before...
Overhead resistance for gold at $1680 Reversal back above this level will be supportive for gold. RSI & Williams %R Divergences at recent low may be friendly for the price.
It is time to put LOW and HD on your radar for two reasons. One I like how the technical complex looks and the other is the fact a major hurricane is going to rip into Tampa, FL (where I'm at), or somewhere into the U.S. In that same breadth it is imperative that we keep an eye on the Oil Stocks such as OXY and XOM, of which, I will be looking at and posting...
Get back to 1300 ? Jesus, i'm affraid now. Stay with me.
its gonna give a huge breakout. the stock is trading very low, and all it can go till 3677!!
Hi BTC pamps to 30k in SEP looks like! But I would wait until mid month at least tbh, GOOD LUCK for sure & hf #doggonacci
Nothing is doing worse this year than the euro and my margin. It suggests long positions from a several-year low with nice RR. You can wait for Fomoc today or open small poosition from now. Take care
Pair Name: USD/JPY Time Frame: 15 MIN Analise Type: liquidity zones, order blocks Reasons: •Bearish trend but London session created a false breakout •New liquidity created that hopefully will be reacted by the price •Previous liquidity reacted well by the price •Daily low created in London Session
I see the current downward trend as the steps of building a new falling wedge in the weekly timeframe. One of the key prices I see for Bitcoin is the range of $13,000 to $13,800 and I think the price will tend to this range. I hope you are ready for a good investment .
Yesterday we saw a breakout of 0,9950! Those are historical levels for this currency pair but that doesn't mean we shouldn't be looking for further continuation down. We are now expecting to see price even lower. The next target is 0,9900 and basically the round numbers after that. Entries could be made with aggressive stops and after any small pullback. You...
121.42 acting as support but if broken can see 117.98 pivot tested and put in a higher low to continue uptrend. do not want to fight trend but if 117.98 broken will be looking for short setups.
Lowe's, Home Depot, Restoration Hardware and this sector are overbought and ultimately going lower as we haven't seen the ramifications of higher interest rates, slowing economy, layoffs and everything else that comes with a severe recession. Bear market rallies are not to be bought! LOW is overbought on several time frame charts and indicators. Purchased 25...
BTC/USD Cycle High Low Bitcoin Each 4Years New High Each 4Years New Low Forecast Bitcoin Price: 10000$ Time: January,2023