This is my first published idea. Im not very tech savvy, but here goes. We are tracking a falling wedge and BTC corrected sharply, challenging the recently formed downward trend line. But now price action has mostly stalled over the last 10 hours. We are seeing bearish divergence on shorter TF's on the RSI and MACD. BTC is pressed right up against resistance...
A final leg down towards 58k is awaited before we consider any bullish scenario on BTCUSD. The analysis is from a system called D waves. this is not a financial advice.
The psychology of market cycles says it's likely. *$1.6 is the level where the trend line was broken and the main downtrend was entered in 2021, which makes it an important level. *It is possible that it will no longer go below 45c. *If the price does not delay, $1.6 will be reached in the summer
Here is our detailed technical review for AUDUSD. Time Frame: 30m Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 0.667. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.666 level soon. P.S The term oversold refers to a...
According to the waves analysis we can expect that price rise again to the green zone. This is my personal opinion and is not an offer to buy or sell, please act according to your trading plan
#btc #bitcoin divergence is on continuation and ascending wedge is about to the resulted with price action. #btcusd has both liquidations at 63K and 71K levels to take. Let's see what happens in this weekend. Not financial advice.
An ascending broadening wedge pattern formed at the 2$ level, followed by a rejection to the 0.7 demand zone. A decrease in bearish momentum can be observed. While Others.D remains bearish, USDT.D exhibits indications of a weakening local trend. The seeming weekness in BTC.D and the strengthening of the large cap alts(like ETH) could be a plausible...
Daily: - Bullish M - IC as S&D zone with strong zone in the past - D BOC is not tapped *Expect to retest the strong push (break and retest of that strong zone) Weekly: - 4/4 Weekly criteria *Weekly P&P is active and will maybe go the the weekly TP *Weekly BOC is tapped, waiting how sellers are reacting on that! 4H: - Bullish MS - Correction with 3 leg...
During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from...
Shown above is the same Fibonacci series, in 3 different time-frames. Assets have many Impulses in a lifetime, but only one "Genesis Pulse". Genesis as in "birth", programmed with all of the DNA it will ever have. That Impulse determines the "Sequence" of growth spurts and retraces. Imagine it this way: - Each owner of the asset convinces on average 1.618 others...
💎 Paradisers, #YGG is indeed a coin worth monitoring closely. 💎 It appears that YGG has experienced a strong bounce from the key support area, potentially forming a triple bottom pattern, which is a bullish reversal pattern. 💎 To validate this pattern, YGG needs to break out above the resistance level of 1.06. If successful, this breakout could signal a return...
ALGO ~ 1W #ALGO Forming a H&S Pattern on a 1W Time Frame. It's quite interesting to place small purchases here, with a target of at least 20%+
#OPUSDT (Update) Hey all friends and traders. Hope you are enjoying our analysis. we are here to analyze OPUSDT today. Op is trying to Breakout the Symmetrical triangle in 1D time frame. Expecting Massive Bullish wave🚀📈
Overview The "EMA 8 and VWAP Strategy" is designed to identify optimal entry and exit points in a trending market. This strategy leverages the synergy of two Exponential Moving Averages (EMA) and the Volume Weighted Average Price (VWAP) to provide clear buy and sell signals. Strategy Logic Indicators Used: EMA 8: A short-term moving average that reacts quickly...
IT may go up from here few more points, but sell siganl at point is a warning for it to have reached current upswing high, so i think we should book profit . What you do youthink?
Buying NZDUSD after that stoploss hunt. We're looking bullish for AUD pairs right now.
Based on historical trends and current market conditions, XAU/USD is likely to be bearish for day trading with a starting price of 2414.44. Traders should monitor real-time market dynamics and economic data releases for potential price movements throughout the upcoming week. Entry: 2414.44 SL: 2422.72 Target 1: 2370.95 target 2: 2332.10 #Xauusd...