I originally drew this arc months ago and it has been playing out nicely. But now, it's getting very near the edge. A lot of people are expecting a big (10k+) move in btc soon. But up or down? Down looks more likely to me in the short term. If I had to guess, it would be a flash-crash coming in the next 10 days or less, followed by new all-time highs in September.
The next move for BTC could make or break. If the support line of this rising channel holds the next test, this could be a good entry point for a LONG trade. If BTC falls through this support that would probably lead us below 30k BTC price. If this would be the case that breakout down would be a profitable entry for a SHORT trade.
A small but steady move over several indicators with supporting volume. Watching to see how it will behave overnight and during day time. For educational purposes only and not intended as a financial advice of any kind.
On a 15 min chart, here a comparison of DOGE-USD against the TOTAL2 Total Cryptocurrency. Nice to follow crosses that makes sense with the appropriate timeframe.
ETH is in a falling Wedge pattern and the next support level it will be at roughly $1596 or abouts. Expect that ETH will come down to this level before bouncing out of the rising wedge with key area between $2100-$2200 and major resistance level at $2700. It would be good to buy at price rejections level $1596 and take profits at $2100-$2200. Disclaimer* This...
On this 15 min chart, we can see how DOGE Coin has been moving a little lower. Also, its volume, where buyers and sellers take action, so the chart shows up that reaction to the marker. We can assign warnings or positions to take accordingly. For educational purposes only and not intended as a financial advice of any kind.
Idea for Volatility: - Wyckoff Cycle Mapped. - Wave Frequencies synced. - Cause and Effect determined. - Greater Cycle: - Bonds Volatility looks ready: - China Credit Impulse turns negative, consequently the global credit impulse turns negative. - Liquidity Flow: Credit > Bonds/Currencies > Commodities > Stocks. Fighting the Fed: - Reading the Curve: -...
Eth has since come down as predicted in my last analysis meeting the $2200 support zone. Now Eth is pumping on the 1hr chart, while the 12 hourly seems bearish and the 4 hour seems to be reversing the bearish trend. looking at the RSI and MACD here there is a convergence on the MACD while Eth had come down to $2200 indicating that Eth could re-trend upwards now....
Signs of an incoming swing upwards. Move index showing signs of a big volatility spike. UVXY money flow showing money is piling into the hedge as they did back in February 2020. SPY CMF showing the big money has exited (not shown on this chart). Bullish divergence marked on the charts RSI and CMF. Higher lows on Thursday and Friday. Wednesday would have been...
I expect a correction in Ethereum before we push higher! - Rising wedge - Falling volume rising price - Bearish histogram divergence This is not trading/investment advice! Trade and invest at your own risk. - Stay profitable
Stock is consolidating for some days, Big move is expected in near future so be careful :- Opportunity ahead !!
Bitcoin - nowaday chart move and divergence - compare to history
Lithium has been one of our most successful 'explosive' trades and it has proven as right. Our first post on June 17, 2020 was the beginning of a series of trades on our ETFs account and the price has over-doubled ever since. Later on we posted this about how 'Lithium is power' and indeed we had a further rise of over 40% until then. At this stage we...
Good morning traders, today we bring you our short and medium term analysis in GBP/AUD, which we consider has good upside potential. 🔸As we see in the 4H chart, after the bounce in the Support Zone, there was a very clean upward movement, generating a breakout of the Descending Trendline. 🔸Now, what we expect is a corrective move, which can be towards the...
Golds next move upward should be confirmed soon, as the consolidation pattern has already been damaged. My suspicion is that we will see a close to 20% rise until April, followed by a retest of old highs.