My sentiment about BTC still remains BULLISH in the short-term. I expect price to climb to the 30 000 zone, consolidate a bit then continue to climb to around 48 000. If you are trading this you can gain some lovely profits from this short-term upward move.However, price will fall like a rock from around 48 000. I still expect price to fall to as low as 5 000!
demand zone wave analysis impulse wave range price action momentums
hello traders I have confirmation that sellers will enter. I think it is the right time to sell Bitcoin
As we see in this chart Fib level 0.5 is a strong resistance and pushes the price back to 0.382 fib level. 0.382 fib level is a support for price and we see it works and keeps the price so in my opinion there is a good chance that price comes up and after breaking 0.5 fib level test the 0.681 fib level so i provide a long set up with SL on 1.60610 and two TP...
Pair: GBPUSD Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern ————— Key Takeaway: If we see a break above our rounded number and top of pennant patter on the next 4H close we will be looking for potential buy trades. We need to also see alot of volatility for the pair. ————— Level needed: need a...
hello traders There is a demand area that is overtaken by the price. The price is expected to rise above the area to execute unexecuted buy orders There is an important support and resistance area Accumulation occurs above the support and resistance level and below the consumed demand area If the price breaks the consuming demand zone, I think it will be a buying...
Hi guys Entry : 0.2950-0.2850 SL : 0.26 Target 1 : 0.35 T2 : 0.47 T3: 0.56 T4: 0.70 Please buy into parts and hold it for few days 🙂 Please like my idea and follow me , thanks
Hey traders, NZDCAD broke and closed below a solid structure support yesterday. Retesting the broken structure, the price formed a head and shoulders pattern on 1H time frame. To short with a confirmation, watch 0.7893 - 0.7898 horizontal neckline. We need an hourly candle close below that to confirm the breakout. Then, short aggressively or on a...
As it can be noticed from the 4h timeframe chart, the price has made a massive impulsive bullish move to the upside and has now approached a key level of resistance. After an impulsive move, a correctional leg should follow. Thus, we are patiently waiting for the price to form a valid top at the local key zone before charging up for a short-term bearish rally....
EURUSD rejected the sell zone pretty strong Now, we are looking for a continuation down and a new low. All entries made at the sell zone could now go breakeven and expect further development of the trade. Any new entries could be made below 1,0060. We can see another push down on London open but this time, we are not expecting an impulse.
Hello traders in today session i buy USOIL But when the top of the small correction is broken, the stop loss is placed at the entry point because there will be a divergence on the MACD indicator, the first target is the top of the big correction, the second target is the level of 1.618, so the stop loss is below the range on a 5-minute frame
Evening Traders, Today’s analysis – GBPJPY – trading towards key swing high area where a rejection is possible, Points to consider, - .618 Fibonacci Resistance - Key Swing High Liquidity - POC Objective - Price Action Rotation GBPJPY’s immediate price action is trading towards liquidity pool with the .618 Fibonacci in confluence, allowing for a bearish...
1HR Trendline Break, price closing in near Daily Lows. bears continuing with overall downtrend? (16.91.80)
$SPY #SPY One of the crazier displays of volume gap/volume shelf pinball I have seen. Just as there was no liquidity to the upside, there was no liquidity below until the breakeven demand zone.
BINANCE:BTCUSDT COINBASE:BTCUSD 💥Three Drive pattern💥 between now and the yellow area, You can open a short position in two or three steps. If the price falls and reaches the risk-free level, you can risk-free the position. TP1-2-3-4 are on the chart. The optimum stop-loss is above the determined line. Please share ideas and leave a comment, let me...
previous idea went absolutely PERFECT!(blue path) but since nobody liked,I guess y'all missed it! ;) like I said before,it's risky to open a trade midrange,but it has its pros : you are most likely right about the trend! the orange arrow is my expected path for BTC for the rest of the day.don't miss this one! good luck all!
technical analysis trend line support and resistance break out swing point price action
Price has successfully moved from the 141.600 zone as I said it would. Let's see if market-makers would still manipulate BUYERS in the 147.000 price zone. I expect price to break 145.000 and climb to around 147.000 before collapsing back to my 3rd TP price at the 141.000 zone . Patience is key!!!