after the great boom payo brought us some great profits. tbh i havent closed anything and i am still bullish on payo.
payo accumulation and bingbongdingdong has been formed for 3 years as of this moment we are attempting to turn previous critical resistance into support.
2 scenerios according to wykoff theory.
1. correction then big money needs to defend its...
Hello friends,
In late 2021, Ethereum ( BINANCE:ETHUSDT ) reached an all-time high of approximately $4,900 before experiencing a significant correction, dropping around 80% to a low of $880. Since that dip, ETH has been consistently making higher highs and higher lows, suggesting a potential long-term bullish trend.
I'm focusing on these key levels as important...
The USD/CHF pair is showing a continued bearish outlook, with an expected range around 0.84481. A potential bullish scenario is only likely to emerge if the price breaks above the key resistance level of 0.85341.
⚠️ Key Pivot Level: The daily pivot at 0.85042 is critical, as it may serve as a reversal point for the current upward move. Keep a close eye on this...
Technical Analysis
Neutral:
1 - Price action has been fluctuating in a falling channel from around the 1 March 2024 and appears to be respecting support and resistance lines since.
2 - Price has fallen 28% since ATH compared to the 56% crash in the previous cycle during the same period.
Bearish:
1 - Price fell below the 125 day SMA level around the...
CRYPTOCAP:INJ setup for 50% gain on next days, 3D timeframe:
We are on 3D timeframe here. Blue arrows number '1' and '2', were bottom pivots on Hodlfire Indicator (copyrighted) right over the Exponential Moving Average 200 (3D 200EMA) line (green), and we just got a 3rd, right over the 200EMA again (the last blue panel under late price movements)
So, as we are...
The pair is heading to an important demand zone. I think next or the next after is going to start going up. I'll be waiting for price action in the daily timeframe.
Hello traders,
The bearish channel is obvious in the chart! you can see that upward moves are weak but the downwards are so strong. I consider the trend to be bearish. However, while my total bias over the pair is still bearish I think any breaks over the zone might lead the price to reach the next strong zone which is around 1.0790
At the same time breaking the...
The price recently broke out of the ascending channel (4H) and now appears to have retested resistance. The price seems to be rejecting resistance around 1.27337 and converging with the 38.2% Fibonacci retracement level. It seems to have failed to make a new higher high, forming a lower high instead. I anticipate that the price will continue to move downward.
...
In this analysis, I'm examining a consolidation pattern. Price is showing signs of rejection, and therefore has the potential for (temporary) long positions.
AUDUSD has been consolidating within a rectangle pattern (on the 4-hour chart) for some time. Price has previously rejected support on multiple occasions, suggesting it may do so again.
We have observed a...
On 4H TF
Solana is trading at 164.xx now and it's moving down to 157 that level is the support by Golden Ratio
So I'm waiting for confirmation around this level
The BCO/USD chart reveals a bearish divergence ; despite higher price highs, the CCI shows lower highs, signaling a potential reversal. Additionally, the CCI's presence in an overbought zone suggests the pair might be peaking.
April's monthly pivot at 85.66, like March's, remains untouched —a notable point for traders. This untouched pivot, combined with our...
The EUR/USD pair shows intriguing developments in the 4-hour chart, hinting at potential upward movement. Starting with the RSI, it has recently hit massively oversold levels, indicating a likely reversal as the market may deem the Euro undervalued against the Dollar.
Simultaneously, both the MACD and its signal line are trending upward in unison. This parallel...
Buildup prior to the invasion was a steady week of lower prices in January, until 17 Jan 1991 when coalition forces took control of skies over Baghdad and destroyed Iraqi air and ground forces.
Overlay is Jan 1991. 17 Jan was the night invasion. 18 Jan the market took a moon shot.
Once it became apparent that our guys were winning, bulls took over and the rise...
avp + avwap + frvp + pivot are all supporting bullish bias.
short term pump incoming??
++++++++++++++
avp + avwap + frvp + pivot are all supporting bullish bias.
short term pump incoming??avp + avwap + frvp + pivot are all supporting bullish bias.
short term pump incoming??avp + avwap + frvp + pivot are all supporting bullish bias.
short term pump...
