RIOT has had a downfall in the past month on the 1H chart. The crypto market had a resurgence and is now in the dog days of crypto summer. The MACD shows some bullish divergence. The volume profile shows most of the buying was in the 16-17 range. RIOT is far below that with relative volume voids in any movement back to that level. I see this as a long trade...
Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Microsoft💪 On the monthly timeframe you can see that Microsoft stock once again retested the previous all time high at the $340 level and once again rejected it towards the downside. You can also see that after the recent...
If you enjoy this analysis, please give it a like and a follow. KCS has been falling since late 2021. The token held up fine initially, but the real pain started after April 2022 where it started trading a lot weaker compared to Bitcoin and BNB. This prolonged period of bearishness and relative weakness has most likely to do with drying up volume on all...
Breakeven taken on EURUSD last Friday, very happy with the management. Full explanation in the recap. 🧠Emotional Log --- **Pre-Trade** I understand all the confluences within my thesis, I accept this risk as I know if it is a loss I clearly understand exactly why I took to the trade. My stop is protected and if price takes me out there is a chance it is...
If the price of XRP goes up then this talking point is moot. However, if XRP continues to consolidate then any buys below the RED LINE and above the GREEN LINE are a good buy. Any buys below the GREEN LINE and above the YELLOW line are a great buy. And any buys below the YELLOW LINE are a fantastic buy! Don't put all your eggs in one basket, and don't fill the...
Two pairs on watch this morning, USDCAD & CADJPY. Similar plays but crucial differences in WHERE price has come from. Stay sharp.
✅NZD_JPY was going down But then the pair established A double bottom pattern at 86.39 And upon a rebound broke the Neckline of 86.82 so I am Now locally bullish biased and I think that we will see a Potential move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hi traders ! As you see in high timeframe, we are in a Descending channel(red lines) ! Now at the top of this descending channel, price formed a price action pattern ! triangle ! now we expecting more downside after a pullback ! be notice that this pullback can appear as a trading range ! good luck ! ;)
SAND is weak. No reason at all to look bullish at this token. The bearish triangle on the chart is taking shape very well. Some more red days and we could break out of the bearish triangle. Please wait for the break out to confirm with the price closing below 0.325 on the daily chart. My target is the 2021 lows, which could be the bear market lows, we'll see by then.
A long position I took on EURJPY this afternoon. Risk was managed but taken out of the position for a breakeven, nowhere for profit to be locked in using structure however I am very happy with the decisions made throughout.
TVC:DXY When separate ideas overlap for a confluence direction, the potential is huge
Dear 500 bros, In my opinion, the pair of EURGBP is making a nice Bullish Diamond Pattern. So, I have a Setup for Buy order at current rate. Happy trading!
market may pull back from here due to a resistance and may price reach to the target 0.68921. as we can see we can open a buy trade from when market reach to resistance as u can see in the chart
0.618 222 I am publishing this upcoming trade for the future. Hopefully this debut is a trade a lot of people make money with. Good luck.
Solusdt forming a pennant pattern which is considered as bullish pattern as well as bearish pattern it's depends upon which side the pattern breaks upside or downside. Now we can see sol is sitting at good buying price (trend line support)in short timeframe with proper stoploss. Because there are 30-50% chances of breakdown. (Tight stoploss necessary) . not a...
hi, there is an uptrend on this asset. price swinging upper 0.61 fib extension level, thats nice cuz price now above the 0.61 fibonacci retracement of 3 years. thats sense bulls are on control. i think price will range at upper level at august which 1.95-2.00. if needs a demand i think the changed 1.9 level is will be work as key. it has a nice bullish candle...
Down 87% over the past 2 years there's not much left to beat on here. Technical analysis points to trend reversal and move to the upside at ~70% chance. It could potentially drop down to demand zone in 5's. Either way, we like it long term.