Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for US100, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
CADJPY sell Trendline analysis, supply and demand . Same trading tactics, take profit 1 and move stop loss to break even Trade at your own risk OANDA:CADJPY
Watch your bags, BTC is heavy overbought now - new ATH for the RSI! On the weekly we have an RSI value of 95. On the daily close to 90. Be careful guys
Hello everyone, if you like the idea, do not forget to support with a like and follow. as per our last video analysis, we were waiting for a new swing to form around the red trendline to consider it valid and then buy on its break upward. While clearly didn't happen, so our entry would be after the previous swing high (updated via live streaming) as you can see...
Bitcoin broke the resistance of the previous ATH with a volume higher than the previous one, although not the largest of the full cycle. A bullish channel has formed that had two small breakouts with throwback. The price action is above $ 34,000, which remains above the support of $ 33,300 the probability of continuing to rise remains. In addition, the overbought...
I previously traded this long for a diamond breakout and it hit the measure move wonderfully! Now it's starting to look quite tired and i think it's going to come down to make some retraces from here.
check for downside case
Back on 21 NOV 2017, Ethereum shows some promising upward movements. However, on November 27th an alert for exhaustion occurs (red triangle) and all the other indicators are appearing heavily overbought. What I would like to point out is that DESPITE looking exhausted, ETHUSD kept climbing parabolically all the way until 7th of January 2018 ! I see similar chart...
Bitcoin's record-breaking growth has gone far from unnoticed. It took a mere 18 days to go from the last ATH of $20k to the most recent one of 34.7K. Today, the weekly RSI is displaying a strong downward turn after a record value of 94.5, severely overbought. To see what is next, we will take a look at the 2017-2018 market rally. Here, the RSI was strongly...
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OVERBOUGHT CONDITIONS Amazing move, but RSI above 90 on the weekly tells me a pullback is imminent.
BTC .D is Bearish in Long Term and also in short term and i think it can't break the 73.1 resistance . Also in 4h timeframe you see Head & Shoulder (Not Complete). RSI say overbought. MACD is on top.... So this candles must be Red in next days and weeks. Alt season is coming ... This is not an investment advice . i know in next 5 years we will see change the...
The Federal Reserve note is dying. BTC is the Harbinger. Price action is violently bullish. Any fundamental downside compared to the dollar? No. BTC has a finite float, the float of the dollar is infinite. To use a stock market analogy, the dollar has unlimited Authorized shares, BTC has limited authorized shares. It's just a matter of time
Looking to buy into Magna as an EV play with reputation and track record. Big break out on some news. Looking for it to retest the previous ATH and would like that to fail and hopefully I can get in at the low 80s. Same with others, I’m not in a rush to get into this. RSI showing over bought. I should be able to get some sort of discount here.
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for NASDAQ, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Coming out of a ascending wedge pattern we see a very likely move to the downside. Accroding to all of the indicators we are moving out of overbought territory acting as confirmation to our wedge breakout when it occurs. Pending order set for breakout with two targets.
We've all seen the news that TSLA got added to the SP500, which initiated the most recent bull-run at November 16th. Currently, Tesla's price is above the channel resistance. Tesla is severely overbought at the moment, a quick sell-off is ever more likely at the moment. We've seen the same happen at the September 1st sell-off. Im eyeing the $560 support as...
Hello, dear subscribers! In the previous review, we considered the breakdown of the $19,400 zone as a bullish signal, which will mean the continuation of growth. To our surprise, not only the growth continued, bitcoin made a powerful move upwards, showing a maximum of $23,800. After that level, the buyers' forces weakened, and now bitcoin price is in the...