Market pullback was expected in my opinion, given the fast rise since the rally started. Apple will surpass $172 soon again in my opinion. I like buying it in the $166-$168 range. Not financial advice, good luck to all :)
In my previous NDX thread I suggested that the 6M candle would create incredible bearish sentiment and would be a great time to trap shorts and lock out sellers in a reversal and that is exactly what happened. Notice that there is very little lower wick for July candle. It shows that the turn of 1/2 year was a significant turning point. On the monthly chart...
Hi friends, I hope y'all had a fantastic weekend, and are ready to tackle this week strong ;) Today, we're looking at a possible long-term drop on this baby. These trades are derived from both the weekly and monthly. Starting with the monthly, the price is in the huge double tops 2nd leg formation that is bouncing off the bullish crossed short-term moving...
After 120% profit: and then warning of the dump: Now if support holds next target is 1750$ but any breakout to the downside can cause more fall to 1400$. ((press like👍 if you enjoy + comment your opinion about the market or your thoughts, below this analysis))
Please see my analysis on EURJPY, possible entry on short 138 or 137 forms a double top, good sign or reversal, target will be on the D leg.
DOT USDT 15 Minutes Analysis With T/P And S/L Follow For More Thank You . #BTC #DOT
Price above MAs on multiple key timeframes. Structure is overall bullish across most timeframes especially the smaller ones. Stochs for h2 and under align, weekly and daily in the right direction (h4 with the counter stoch) Divergence on M15 timeframe. Total RRR: 3.81
Please manage the risk in this transaction and take responsibility for entering
Just a quick publication to answer the numerous messages. The are all along the same line, is $12k coming? Such and such said $6k etc. This is ‘capitulation’, it is a good thing. The market needs to flush out those weak hands to move on. Once they are gone, it’s over. To help put the bearish sentiment into perspective, the above monthly chart is Bitcoin over the...
Banknifty on the weekly time frame has formed a bearish candle and closed below the crucial round number 39000. On daily time frame, banknifty has formed a bearish engulfing candle and lost around 700 points in a day. The market has started trading below its 20 ema on hourly time frame and closed below the level. A nice price action is formed on 15 minute time...
Hi everyone, My last post was about DOTUSDT, where I showed how it would dump to its next support level, which it did (link down below) Today, we are going to take a look at BTCUSDT where I would be explaining why we are bearish on the long term, as we might see new lows going to be reached. First, BTCUSDT is doing the same scenario as it did a couple of...
CAD/JPY is in a bullish trend, making HHs and HLs and forming a Rising Wedge . The price action is currently making a pullback into the rising support which has a confluence of slow MA dynamic support. The Bullish Bias is based on the following signals: Bullish trend (price making HHs and HLs) GMMA: fast MA above slow MA with separation Slow MA acting...
BINANCE:ETHUSDT COINBASE:ETHUSD The price structure is moving in the direction that ETH may soon see lower prices. You can enter a short position between now and the red area. If the price falls and reaches the risk-free level, you can risk-free the position. TP 1 and 2 are on the chart. The optimum stop-loss is above the determined line. Please share...
target 1 :22517 target 2 :24477 target 3 :27411 btc will rise in 4 weeks
For what it's worth, every time Bitcoin's weekly RSI has reached oversold it has marked the bottom of the bear market and ushered in a new bull market. The weekly RSI has only reached oversold twice before - January 2015 and December 2018. So, it's a rare occurrence signaling that either the cycle top is in this time, or we've still got a new ATH coming. Do with...
NYSE:PRTY PRTY had a double or triple bottom after the earnings miss in May but has reversed after PRTY had great reported earnings last week and now has breakout price action. A Target of %3.00 based on the volume profile and the EMA 200 seems reasonable. A stop loss of 1.69 based on the EMA20 and the volume profile makes for a good reward for the...
BTC is going to fight with 4 resistances simultaneously ! Is it able to win the battle? Lets follow. As shown on the chart, resistances are : 1. Major down trend line 2. 100 days moving average 3. Minor static resistance 4. minor dynamic resistance Order of numbers shows importance of resistances with 1 being the most and 4 the least. Do you think BTC can...
The stock market has bounced sharply in the past month, but Meta Platforms hasn’t followed. The main pattern on today’s chart is the steady succession of lower highs. While the Nasdaq-100 behaved similarly in April, May and early June, the index broke its downtrend by making higher highs in the last two months. META, in contrast, hit $183.10 before rolling over...