Bulls fail to maintain support at 3810 after recovery is rejected at 3840. Lows stopped just short of 200EMA with price making it back into the prior ascending pattern. Note the crossover point (6/12) which marks our last point to hold 3685. Any PA below this priceline after this time has a high chance of leading to further correction. www.tradingview.com
I guess you heard about dopamine... and the only thing dopamine loves is more dopamine... In the graph below you can see how dopamine spikes work based on the new Dopamine celebrity mr Huberman tacticsplus.com So how the party started how it's going and how it might end. 1) Everything started with the Covid outbreak 2) Then the FED started buying financial...
Has given a 18 year BO last week and looks good to go towards ATH Only for positional and a Strict SL below 37 as the move is mainly due to the ongoing Andhra Theme
My attention has for the moment been directed towards NIO thanks to Morgan Stanley’s recent purchase of 10M shares, raising their investment value by 55% to over 28M shares, whilst simultaneously setting a near 100% upside 1Y price target to $10 per share. Ahead of NIO’s June 6 earnings report for 1Q2024, I thought it best to take it upon myself to review the...
This is a bit risky trade. So be careful around 64k-65k. Always put stoploss and take care your account. From the previous wave, we can assume current wave as a healthy correction one, now it will be up to 70200$ and then will have a small wave down to 66k-67k to complete ABC correction. If everything is fine, we can expect a wave up to 74k-86k.
During the trading session on the Asian market on Friday (May 31), spot gold decreased slightly, currently at 2,339 USD/ounce. On this trading day, investors will receive the most important economic data of the week, US PCE inflation data, which is expected to stimulate the market trend. Gold prices recovered some of Wednesday's losses on Thursday after the US...
Just playing with circles trying to find the alt market's geometrical blueprint and underlying framework it's going along.... From the first time I played around with the charts I became aware of some kinda pattern BTC was following by stacking parallel channels along certain trend lines. In doing this, i realize that there is probably several and more intricate...
Today, the global gold market continues to fluctuate around critical levels. Gold is currently trading at approximately $2,282 per ounce, a significant drop from the psychological support level of $2,300 per ounce. Reasons for the Price Decline Economic Data from the US: The latest US job report surpassed expectations, putting downward pressure on gold prices as...
Hi everyone! I am Zaheer . Technically, After sweeping the liquidity of 2430 and making an ATH of 2450 , XAU has turned down very sharply and did,nt respect any FVG,Breaker or OB .These all are the symbols of reversal.A correction towards 2380-2400 may happen and then a bearish impulse move towards the low residing at 2280. Note:-Fundamentally anything can...
📊#BTC reaches the buying zone✔️ 👀 We pulled back sharply after being rejected at the resistance zone as expected and have now stopped falling near the buy zone. 🧠From a structural point of view, the bullish cup-and-handle structure has not been destroyed, so the expectation of rising prices still exists, and it is impossible to chase the decline in the buying...
Trend Analysis 1. Current Price Movement: The price is currently trading at 0.06687 USDT. 2. Support and Resistance: Immediate Resistance: 0.06956 USDT (Highlighted in the red shaded area). Next Resistance Level: 0.07518 USDT. Immediate Support: 0.06457 USDT. Next Support Level: 0.05735 USDT. Indicators 1. Stochastic RSI: The Stochastic RSI is...
ZENUSDT Currently moving in downtrend and forming LLs and LHs but there is a strong Bullish divergence on 30mnt time frame, so its possibility of the bullish trend, if ZEN break the previous LHs, this is the confirmation of the bullish trend and other side ZEN maybe formed LHs and break the LLs its still in downtrend so we have both trades: 1st Bullish Trade: If...
WOOUSDT is forming LLs and LHs and its in bearish trend, but now WOO is formed Bullish divergence on 1hr time frame so that is reversal point from bearish to bullish, so we will wait for the break of the nick line or previous LHs which is conformation of the bullish trend.
DOTUSDT is moving in uptrend and currently moving on trend line and also formed bullish divergence with symmetrical triangle pattern, if DOT break this pattern so this is the confirmation of the bullish trend so wait for the breakout of the pattern and take a long ride with proper risk management, SL and TP.
ENAUSDT is moving uptrend and continuously forming HHs and HLs, currently ENA is formed perfect inverse Head and Shoulder Pattern and also break the nick line, so we can take a long trade on current market price or can be wait for the retest the nick line where ENA formed HLs and this is also another confirmation of the bullish trend. So use proper risk management...
🚀 Exciting Trading Opportunity Unfolding! 📈 BNBUSDT.P on the 1-hour chart reveals a meticulously identified Bullish Flag pattern, signaling a potential breakout for lucrative gains! 🌐 Join us as we navigate this promising setup, anticipating a decisive uptrend. 📊 No bearish divergence or trend in sight – the stage is set for a bullish surge! 📢 Traders, seize the...
Currently LPT is forming HHs and HLs but on the 30mint time frame there is a strong Bearish Divergence and LPT could not break the previous HHs and forming Head and Shoulder pattern, so for the confirmation of the bearish trend we will wait for the break of the HLs and nick line then take a short entry.
In thist video, we present a concise analysis of BTC Bitcoin. After recent bullish momentum, the asset has become overextended trading into resistance, and we are now seeing a significant retrace into support. Our primary objective is to pinpoint an appropriate buy entry point within this critical support zone, assuming that price action aligns with our analysis...