BTC has to Fall Down Further More to the Pointed Position Up Above in the Picture/Chart. Bitcoin has lost its power. Told you all so far in the past. Danyal Hassan Hashmi, Trading Analyst.
We are moving closer to the expected bottom of 3rd harmonic (13M) of the major 40M wave. Although we have seen some bounce, we seem to have already broken Valid Trend Line for a short 5W and 10W waves, the VTL of longer bands like 20W and 40W wave have not been broken yet. We will be looking forward to have both 20W and 40W Valid Trend Lines broken - the...
H4 - Price has reached a key resistance zone. Bearish divergence. If we get a valid breakout below the low at 1.24747 we may then consider it as a validation for this short term bearish view and may expect the price to move lower further.
Price has broken the last previous low and now we enter short on the pullback to benefit from good risk to reward ratio. The total market cap of crypto is also showing a bearish sentiment which adds confluence and chance of hitting our take profits.
After the housing market is starting to see the impact of higher mortgage rates, LOW`s earnings beat and revenue which fell short of expectations aren`t enough to keep the stock price up. I expect a retracement to the pre-pandemic level of $129 by the end of this year. Looking forward to read your opinion about it.
H4 - Price has reached a key resistance zone . Bearish divergence. H1 - Bearish divergence. Until the key resistance zone holds my short term view remains bearish here. If the price breaks below the low at 1.65660 with momentum we may then consider it as a validation for this short term bearish view and may expect the price to move lower further.
104.55 presents some issues for the perennial DX Bears. Will it arrive, we've been suggesting as much for months on end. It is quite often Gold Bugs who cheer the Dollars demise, without realizing Gold has moved up with the Dollar. Why? Curious is it not, but the answer is simply Fear. Projecting what should never be... is not a winning trade in Fear. We...
We see a new low on EURUSD every single day. Today, we're expecting the same. In case price breaks below the previous low, we will be looking to close all short positions. After such a move, there's always a time when the big players collect profits and close their positions. That usually creates a pullback. This is not going to reverse the trend but it will...
$HD slowly plunges since the beginning of this year. not much negatives news besides the overall supply chain issues and inflations. but the most reason why it took a dive is the short sellers. there's been high percentage of short seller since the beginning of this year making $HD to a bearish mode until now. but the percentage of short seller starts to fade...
Close-SMA/HL Price Level, Upper, and Lower Indicator. GreenTS<WhiteSM BULLISH Momentum Indicator. Predicting Bearish 1D XLMUSD 18TH Momentum.
BTC failed to break middle of gann box from the middle of the trade. Gann box is veryy good tool used for entries on downtrends( when there isnt much supply or demand zones) Everything above the middle of it is considered espensive and everything below is considered good to buy. They should be used with trend and current trend for last few days was bearish so it...
There is a possibility that a next bear market will arrive. A future gap at the +- 24k level is not filled yet. In 95% of the time, future gaps are filled.
Looking for a lower high and lower lows, a pullback into the imbalance, short towards $101 per barrel
If HD can hold the 300 level again it can bounce back into 309. Puts under 300 can work for a move down into 292, 285. Trade Idea: 290P 4/9/22 under 300.
Im bearish on GOOGL, 3 tops and 3 bottoms logged. .... Market direction is indecisive. Until Russia signs diplomacy things will get better. This war will cost us a recession if we don't stop it now... Rsi crossing downwards.. Market Cap increasing and trend line broken upwards. Not exactly sure what the cause might be for this.
Looking at BTC daily chart we could be heading for a low of around 35k in the coming month or so. The chart above is a simple explanation for this assessment. Daniel
If it continues to stay below that trend line, it can hit 180 soon.
The above chart and below charts are some analysis on how past New York Session High and Lows have been acting as support and resistance. In the above chart you can see that the New York Session seems to be putting in THREE consecutive higher sessions (shown as 1,2,3) then completes a recovery. The below image is a prediction that if price does drop that it...