After a large decline last week, there is a greater chance of a rebound this week, but there is still resistance above 1.0780-1.0840. Recommended operation for this week: buy low, sell high strategy. But the operation of buying low can be more active. Strategy: Buy Zone (positive) @ 1.0640 - 1.0710 SL: 15-25 TP: 40-80 Sell Zone @ 1.0780 - 1.0840 SL: 15-25 TP: 30-60
Here is a perspective that is different than a long view that is always optimistic. A lot of the time due to so much optimism in cryptocurrency for BTC to determine when the price will actually decrease is a lot more difficult. From what I can see in the image the pink dot line appears to reveal a pattern where when the line is flat certain factors in...
Price was below the 200MA which is RED MACD cross above the 0 line Short term moving averages are RED Entry on the close of the hour candle with SL at the previous high and TP at the lows. Currently running in the region on 190 but pushed to near 300 pips.
Looking at the charts and volumes it done it's 3rd leg wave down in volumes (OBV chart at the bottom) and $0.0003992 US price could of been the next bottom for these waves. If so, Kimbo poised to be big for AVAX meme coin The OBV volumes showing less selling presure now and good chance in the days ahead great buying pressure Some of the fundamentals: Avalanche...
The negative space shown between measures of moving averages. No new average lines locked in yet.
STRATEGY RULES: - ALL MA'S MUST BE IN ORDER AND ALL IN THE SAME COLOUR - PRICE MUST BE BREAKING OUT AND REJECTING KEY LEVEL We see 1hr candle close to closing above all Moving Averages and is pushing higher. A clear break out and retest of trend lines gives us some momentum pushing up. If candle closes above these moving averages then we can certainly see...
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With the current economy and other factors considered. We might see a deep pull back the technical side shows a few indications of that being true. But we could also see a short pull back followed with a large move to the up side. with all factors considered its a waiting game. Tuesday 📨 we will see what transpired. Have a nice trading week
Historically speaking, the 200-week moving average was always the main support for BTC and has marked the bottom on 4 different occasions. As of this cycle, things have changed. The 300-week was the main support during the COVID dump and indicated an important area during the FTX collapse. In previous analyses I've stated that I think BTC will likely go down...
After the initial dump around the 17th, I made an analysis on BTC where I discussed the fact that this token was the most oversold on the daily RSI since the COVID dump. My short-term expectation was more edged towards the bullish side than towards the bearish. My target area for the bounce lied between the 0.382 and 0.618 Fibonacci retracements. This area is...
Are we witnessing the Fall of the Titans? Is crypto, the digital currency titan that has been dominating the financial landscape for over a decade now, showing signs of slowing down? The recent data on the 4h chart reveals an unfolding story - a Crypto Downtrend that may have significant implications for investors and enthusiasts alike. In this modern era of...
Hello everyone, what is EUR/USD next move? On higher TF's we see a big push to the downside but eventually the market is getting exhausted. We are waiting till the market makes a pushback to our 0.786 FIB level or just in between the 1 and the 0.7. If the bulls cant keep the market up we should get a push back further to the downside at our lower support zone....
RRGB has the hallmarks of a stock that could potentially be a great winner. It broke out of it's base formation on 1st March on earnings beat with a strong breakaway gap (Breakaway gaps signify the beginning of a new trend and does not get filled in the near term). It then proceeded higher over the next few days before pulling back to the breakup level @ 10.60...
PEPPERSTONE:NAS100 H4 short idea . Approaching HTF range high with a wide stop. Entry 13100's, Take profit one at mid rage 12000's, Take profit two at 11000's, invalidation at 13600's. Will give some time for this to play out as TVC:DXY is rebounding off support 101's.
hey my frinds BTC RSI is in very good halat so if rsi broked from each side we will go to to seem enjoy it
A look at the monthly chart revealed that DIS has establised a strong support between 79 - 84 since 2015. This zone has been tested several times (2015, 2016, 2020) and the last time being just recently in the last week of Dec2022. A bullish divergence is seen on it's monthly chart, increasing the odds of a bounce lasting a couple of (monthly) candles. (bullish...
We have DJ that looks to be steadily on the rebound since hitting low on 30 September, climbing above it's 200 day moving average as well as a major trendline resistence by 10 Novemeber and has not looked back since. However, it is the only index that is no longer "bearish" On the other hand, both NQ and SPX hit a low in mid Oct, attempted to rally but failed at...
Looks like price tried to break to the downside and was stopped with some strong wicks these past few days. Watching for a gap fill to the upside as it mean reverts back into the moving averages. Once there, looking for possible short entry at resistances.