Bitcoin has been on quite a journey, spending over 200 days locked in a range-bound pattern. But, as the saying goes, "good things come to those who wait." Bitcoin has finally made a breakout move to the upside, and it's got its sights set on an ambitious target of $40,000. However, it's essential to recognize that it will likely need some time for reaccumulation...
On the Daily chart (right panel) you can see the wedge GBPAUD has been respecting until Tuesday when a large sell of caused it to close outside. After a flush down on AUD news Wednesday, it saw strong buying pressure which looks to be resuming today after a drop early London. I'm now starting to look at the 30m range from 1.9060 to 1.9320 as the way to play...
On the daily chart, the price is at the lower boundary of the sideways range. Yesterday's trading day favored the buyer with decreasing volume. On the hourly chart, the buyer resumed from the key impulse bar and twice attempted to breach the level of 4259.2 on volume but failed to do so effectively (failed to close an hourly candle above the level). The buyer...
TrueFi/USDT 1D. Local and secondary trends. In the main trend - downtrend channel was formed. You can check this if move chart to the left in the main idea. This channel was broken up in winter 2023, when there was local pump on all crypto market. At that time, price pumped 360% to 0.13$ zone and from the the pullback has started. It formed quite an aggressive...
Previous trading range now broken and confirmed, daily Gaussian channel also broken to the upside and looking to capitalize on profit at .64. No specific time frames but before the end of December is expected.
Just a quick update for BTC, after a very strong rally last week price has continued to rally this week also. My initial thoughts for this rally were price would struggle to break through the 32k level which can be seen as the midpoint of the range set from this years lows up to the right shoulder of the head and shoulders reversal pattern confirming the end of...
Things are moving fast. Too fast. The last time things moved this fast was before a big blowout. Looking to get in to a 1x short over the next weeks depending on how chart looks. Maybe we see a wick up on the next monthly candle and then retrace? Good luck everyone, good luck to the people who are buying this to hold for longer. It's not back sorry this is not...
how both sides see it. we are currently sandwiched in a range of historical resistance/support flips - the initial 10k resistance flipped support for the bullrun, and the level that held price to ATH now flipped resistance. bears are aiming for a retest of this area near 10k bulls are aiming for a retest of the area near 30k ...both are probable thus far we...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on Weekly: Left Chart After rejecting the 0.68 resistance, CADCHF traded lower and it is currently hovering around the lower bound of the range, and support 0.65. on H1: Right Chart For the bulls to take over, and activate our buy setup, we need a break above the last...
Based on the price levels of interest and how we reacted to them during the last weekly range projection, I suspect we will get price action similar to what I have plotted on the chart and listed in text form below as last week's range breakdown has shifted down our weekly range, and now we are looking to trade lower and perhaps open the week to a gap down in...
UC is another example of bearish price action we know from what we have seen of our other pairs that this is likely to carry over into this week but we will more than likely look to fill some of our high areas, which would match up nicely with what we know of our other pairs for example GU. Main focus here is to take out a major high or low, as it stands we have...
Starting our week off with GU, from last week we had a very bullish out to our week and overall we stay within out bearish higher time frame moves, as it stands we would like to see our high tapped into for the bullish swing range we are on to be fulfilled, keeping in mind we are mainly running major lows, coming into our first session of this week iam looking to...
On the weekly chart, there was a sideways range from which a trend emerged (two impulses). Price returned to this sideways range five weeks ago, and no weekly candle has managed to close above the range boundary. There is a high probability that the price will test the lower boundary of the range at 3636. On the daily chart, the price is within a sideways range,...
Hello fellow crypto enthusiasts! We've recently entered the world of Ethereum because it seems to be making a lot of noise, practically begging us to buy at the lows and sell at the highs. We're in it for the long haul, so we're mainly dealing with spot positions Long and seizing opportunities to scalp during bearish trends. It's an exciting time for Ethereum,...
OANDA:XAUUSD is breaking out and is about to test a key area of liquidity at the moment. What can we expect to see from gold going forward? On the chart I have marked such important levels as 1953 and 1946.7. This is a rather strong resistance area forming a global sideways range. After a long retest, the price is highly likely to fail to break this level the...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 Here is a detailed update top-down analysis for #EURJPY. Which scenario do you think is more likely to happen? and Why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. NZDUSD has been trading inside a big range between 0.587 and 0.605 and it is currently sitting around the lower bound so we will be looking for buy setups. NZDUSD is in the making of a potential double bottom pattern, but it is not ready to go yet. 🏹 For the bulls to take...
BINANCE:SFPUSDT after months of forming a sideways range on the background of the global honey trend finally forms a pre-breakdown consolidation against resistance, which may initiate a trend change We are interested in the global pattern "symmetrical triangle" - in fact, it is a range within which the price is gaining liquidity. Above the range, after the...