Today, we're expecting a test of the previous low and most probably a breakout as well which should take price around 1,0300.
Around those levels we could expect a pullback on the downfall that started at 1,1180.
That means we should look to close all of our short positions soon.
Once we form a confirmed low and we see reversal signals we could possibly start...
The price had a bearish impulse until the 37$ where the market has the daily support.
As you can see, the market created a candle with big spike, it means the new liquidity, for that reason if the price is going to flip the supply zone on 59$ we could see a pullback until 72$.
How to approach?
The price needs to flip the 58$ and retest it as new support. If the...
Yesterday we had a breakout of the range and a continuation down on EURUSD.
We're still expecting that price will continue in the same direction after the little break that it's taking right now.
A rejection of the sell zone would be a good entry opportunity,
The next target will be below 1,0300. We will have specific TP levels once the pullback has ended.
On my 4hrchart, $APE has moved into a pullback pattern breaking my 9 period #MovingAverage and poking a small rejection THROUGH a 36 period average.
It's my impression this will move to tye 50 period and test it a couple times.
Using your #RSI you can see the reactivity. If you set your RSI MA at either 7, 9, or 13, you can use it ans a #supertrend.
Each time...
The price is testing the monthly support where the price has a confluence as you can see on the daily timeframe.
On the 4h timeframe the price could get new liquidity in order to create a new pullback if the price is going to have a clear breakout from 33k.
How to approach?
If the price is going to have a breakout, According to Plancton's strategy , we can set a...
EURUSD is the most traded currency pair but also a quite difficult one to trade.
It's like that because it usually stays in a range for a long time without presenting any trading opportunities.
We're still looking to sell and our best shot would be in case of price rejecting 1,0600.
Stops are still above 1,0642 and our target at 1,0400.
BTC broke bearish flag and it is going down.
RSI indicator is very very low at 4h TF and in oversold region in Daily TF.
Pullback expected from 30k to 35 - 37k.
If price not hold 30k then another big dump in the way of 20k.
EURUSD reached a bottom at 1,0469 on 28th of April and it's been moving sideways for the past 2 weeks.
We're expecting that this retracement is over and this week we will probably see lower values.
Stops should still be above 1,0640 and our first target will be the levels of 1,0400.
Reversal candles around 1,0550 will be the best selling opportunities.
BTC has hit expected resistance around 47k from the PoC of the volume profile of the drawdown since the ATH to the Jan. 24 low of 33k. If BTC breaks the recent retest of the 55D HMA it will increase the probability of at least retesting 39k. The BBWP indicator below confirmed the end of the recent uptrend, suggesting BTC will at least consolidate for a while
I...
Keeping at tight SL on this, should see some heavy pull-back before a deeper drop. Check linked idea for potential sell positions I'm looking to get in on for a long swing trade down. Possible to catch the recession impact at a good entry if strong pull back happens.
DARUSDT bearish butterfly. The price action is in a confluence with the double bottom formation of BTCUSDT. The Fibonnacci ratios is wonderfully converging with local support and resistence. A Potential Reversal Zone (PRZ) is expected from D point 1.41 Fibonacci extention ratio. Oversold condition for the intraday and hidden bullish divergence on Ehlers' Fisher...
BINANCE:BTCUSDT BINANCE:BTCUSDTPERP
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$BTC has reached the descending channel's bottom and so there're some similarities to check for...
Last time that $BTC has reached the channel's bottom ( Formed the...
id call it 68/32 that we have a daily bounce attempt if we hold these lows. id look for a lower weekly high, and some additional bearish activity going into this week.
weve had a good rundown toward support that did break lower on the real body of futures and cause momentum toward backwardation. 5-6 weeks of red usually calls for a countertrend rally and elliott...
The price is going to have a retracement after 4 months of the uptrend and now it's testing an important area as new support.
The price could have a pullback before a new bearish impulse until the monthly support.
So, how we can approach it?
IF the price is going to have a pullback, According to Plancton's strategy , we can set a nice order
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Keep in...
On 1H TF
BTC's dropped to 35250 with the complete impulse wave.
Right now, it's trading around 35800.
After impulse wave, the correction wave will happen, pullback to 42800.
Wait and see
