Started a few weeks ago on studying charts
trying my hand with crypto now.
STOCH RSI is in overbought zone on daily and 2 hour shown above
Relative volume is slowing down
$24100-$23900 range is a possibility before going up or down.
Not taking any trades until confirmation.... via paper trading ;)
Good Day All,
First and Foremost I would like to clarify, I consider this trade UNCERTAIN , Please do significant analysis first before executing!
CADJPY, having its previous All Time High set during the late 2014 has been crossed around June this year.
Having taken more than 7 years to reach this point, arguably this trade and any other within this time frame...
Good Day All,
First and Foremost I would like to clarify, I consider this trade RISKY , Please do significant analysis first before executing!
Looking around, NJ caught my eye, seeing its recent rejection at price level 88, I predict it'll fall temporarily.
The reason I consider this trade as risky is because the...
Good Day All,
Stumbling across the USDCAD 1D Chart, I observed a possible Head & Shoulders pattern ranging from 23th Sept to 4th Nov.
Though by chance, After the major price rejection at 1.39790 not letting price touch the 1.4 mark, The traders seems to have taken control sending it down a controlled pattern giving Novice Traders like myself the idea...
Good Day All,
By looking at the first four days of November,
it clearly shows a downtrend which resulted in more than 5% reduction in SPX500 levels.
But slowly and steadily Prices are recovering and heading for the consolidation zone that is from 3830 - 3870, The 40 point range and the price's behavior will determine whether it'll be bullish/bearish,...
I'm a total beginner at charting and TA. I saw this green line originally a resistance line get broken and become a support line. I set up a new resistance line and saw it get tested for the 3rd time. Was just quite impressed to see the green support line get tested today 1.24.2022 and BTC Bounce off the support line. I figured I would publish this.
I’m new to crypto entirely so I just picked a big name and went with it. I’m completely novice to trading in general, wondering how else you would improve from a technical analysis stand point. I feel like I have a lot going on with the chart and colors, just trying to make things stand out, but I feel like it’s cluttered. Tips here would help too! Let me have...
Bull season
Support/Resistance levels legend :
Green : Very likely for the price to pass (low support/resistance)
Yellow : Unlikely to passs.(medium support/resistance )
Red : Very unlikely for the price to pass ( hard support/resistance)
Support/Resistance levels legend :
Green : Very likely for the price to pass (low support/resistance)
Yellow : Unlikely to passs.(medium support/resistance )
Red : Very unlikely for the price to pass ( hard support/resistance)
Support : 2135 €
Résistance : 2300 €
Rebond probable en direction des 2300 après test des 2135.
Invalidation si baisse en dessous des 2100 € (la baisse pourrait être encore plus importante dans ce cas là)
Please be kind. I'm new to this. I am looking for both and upward and downward trend on the 1H charts from the past few days. Somewhere near 33k I am seeing our big indicator as to whether we are upward or downward momentum. Thoughts? Thank you for your time.
These zones were created by combining several indicators, as well as Fibonacci and volume profiles.
I started by laying out 2-3 point spread rectangles on high volume nodes on the volume profile , and then refined those zones based on previous consolidations. I then added overnight/intraday ranges levels, highs and lows. I mapped out auto-fib retracement levels...
