Institutional Selling presents itself as wyckoff in Amazon. There was institutional selling as short profit taking and then institutional buying as there was anticipation for higher prices. However, there must have been bad news--bearish anticipation as we approached July and October, because we failed to commit outside of the range we were in. This brings us to a...
Pair: GBPUSD Timeframe: 4H Analysis: Round number level, Strong support, volume profile, Currency strength index, trend line, trend break Key Takeaway: Close above two trend lines, resistance and round number level ————— Level needed: Need to see price hit 1.20190 ————— Trade: Long RISK:REWARD : 1:7 SL: -36 TP: +268 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Does it look like the bears have calmed down already? Maybe so! Locally, price has made a couple of Higher Lows, stands at 20 EMA - yes, looks not extremely weak! But is it time to buy? It seems to me that it is not quite yet. We have several resistance lines, which are not broken at the moment, and we also have resistance to the 50 EMA, and on top of that we...
Polygon Network's location action has gotten quickly which has given areas of strength for a to the MATCI cost. Polygon prime supporter Mihailo Bjelic has put anticipation expressing that they will declare the most-significant uncover of 2022 of every 3 days. Ethereum's Layer-2 versatility stage Polygon has been doing great. Polygon's local digital money MATIC has...
Even though AAPL is looking weak dont let PA fool you until we hit 50% down from the ATH we remain in a weak bull market.
Don't Take Your Eyes Off S&P ; it always tells the whole story. I always keep an eye on DXY and S&P 500 indices to feel the entire market. (Forex, Crypto and Stocks) US500 has been bearish for a while trading inside the blue channel. US500 is currently sitting around the upper blue trendline and previous low which might act as a potential short-term...
Typically, we print a BUY signal following a miner's capitulation. The price hikes after this signal. The results of macroanalysis are not optimistic because of rising inflation and geopolitical instability. Most likely, this pump will be a bear market pump, and an ATH for bitcoin is not coming. Meanwhile, altcoins are looking good for a pump. For a short...
Look I know this is far from any crazy technical reading or analysis. But my gut has been right more times than not. I’ve spotted patterns that end up repeating time and time again. This is one I think could happen in the next 16 to 24 hours. I very well could be completely wrong this is just an opinion. But the 4 hour chart is nearly identical and the timing is...
Hi friends, I hope y'all are having a profitable week ;) Today, we have a 2 possible short-term trades that will build up to medium-term trades after the price has bullish broke and retested the (Possible) Mini Weekly Neckline. I got these trades signals from the weekly and monthly. The weekly expects bullish retests on the 2nd Weekly Key Lvl (that was previous...
EURGBP LONG Demand zone market structure liquidity order blocks
Today we compare Tesla's current candle patterns to a prehistoric falling wedge candle pattern found on Bitcoin on July 15th, 2021. I'm a big fan of history repeating itself so I decided to take a deep dive on the similarities between both charts. They indeed look quite similar. I traced both candle patterns in white, and you can see that Bitcoin printed a falling...
Bitcoin is currently in a very big consolidation range. There is extreme market pressure right now due to a lot of different negative global events - China bank run, US recession and high inflation, Euro collapsing.... Market had nuke when 9.1% CPI dropped but quickly started rallying, which is exact opposite of what you'd expect. There could be multiple reasons...
We see how the market makers (whales, miners, exchanges and big players) continue trying to "kill the longs"... The market is trying hard to get people out of their positions... But not the short ones only the long ones, telling us that Bitcoin is still consolidation before moving higher. The last candle has really high volume on the bearish side yet it didn't...
DXY - is reaching sell zone. Watch for topping in that area. Then if rejected we may enter a dollar bear for a while and this will help gold and BTC.
BTC is again unable to sustain the $20k price level, and it meltdown by 5%. Here BTC needs a candle close above the trend line support to regain its upper price levels. Thank you.
Before we dive deeper into the analysis I want to give a quick overview of what the pi-cycle bottom indicator is, "The indicator comprises a 471-day simple moving average (SMA) and a 150-period exponential moving average (EMA). Furthermore, the 471-day SMA is multiplied by 0.745; the outcome is pitted against the 150-day EMA to predict the underlying market's...
So here is detail analysis of btc on weekly time frame BTC is trading in long term bearish trend and now currently trading at 19.4k with strong support 18.5k and 17.5k which is local Demand zone and 29k ATH Resistance and strong resistance of last upward trend at 23k . On breakdown from 17.5k market will be on the way towards deom 13.5k to 12.8k area....
Declining channel Peanut formation ends in the resistance line for the channel Context: bearish market "Since 1950, the average bear market lasted 338 days (with a range of 33 to 929 days) and saw the S&P 500 fall an average 30.2% (with a maximum decline of 56.8%)" One more leg down and we are there