Because even if new weekly pivots didnt get tested over 90% of the time... the rest of the indicators do not look like they want to argue at the moment. Buy on the pivot if bullish. Stop in mid 49 regions for short swing. Camarilla pivots and CPR. magnet trade logic
Looks like BTC is in an ascending triangle at the top of an upward parallel channel. Within this pattern, BTC has broken a short-term uptrend within a larger downtrend. My analysis says this will likely go down to retrace a bit, before making a decision to go up into the upper-channel resistance zone, or to make a bigger move downwards.
GJ has broken a level and now I'm waiting for the retest of the support level to participate in the continuation trade to the upside on the H1. If not, looking for a new support level to buy the market. Already confirmed on the Daily that GJ is bullish .
Good day Traders !! On this multi-timeframe analysis we will make a full breakdown of this pair. Monthly : We have a impulse correction and continuation pattern and we do expect the correction to the downside before the continuation to the upside or the price will continue it's impulse until the next long target . Weekly : We also have an overextended "W"...
And also the weekly pivot retracement developing on sunday close. camarilla + cpr. stop loss at daily H4 which is around 35.50
Tight stop 48500. target is coming weekly pivot developing in the 44k area. if price breaks stop loss and goes up to 50.. there will still be a similar size retracement... except from the level price closed at the next weekly pivot once sunday closes
The candles are over the ichimoku cloud and the supertrend shows a buy signal, the overall trend is a uptrend and the williams alligator is also wide so all indicators indicate that is will continue as a uptrend for now.
So if price makes no new higher prices by sundays close. there will be a very high % chance that we strike this purple line "next pivot" a few thousand lower. generally, this point on daily weekly monthly get tested like magnets over 90% of the time. Either way. if price drops by Sunday close. this purple incoming line drops with it to a certain point. If we...
BITFINEX:LTCUSD We are all waiting for this big BTC correction to happen and start the real alt season. If LTC is able to climb above 0.5 fib. retracement level before btc corrects, it is possible for LTC to then also climb above touching the 0.618 level and then go for a bigger deep. This correction could potentially be the last big opportunity to buy ltc...
Some nice confluences lining up if we reject $.60 - $0.70. Another dump during SEC uncertainty whilst BTC stays pumping is a perfect way to distract everyone from the huge opportunity we have with XRP. April is a great time for a flip the switch / great reset moment when us in the UK, the worlds financial hub, start a new tax year. After then we may finally see...
The aussie is inside a bearish channel in H4 chart, the price broke the bigger trendline in daily chart and is now goign down towards the first green line (38.2% Fibonacci), look at the volumes: They are decreasing while the price is going up, it means that the pair is having a retracement and the trend direction is downward. Keep in mind that the 38.2% ...
Played again exactly as I said Hit the top of the resistance Dropped to the support Do not enter this has completed
camarilla+cpr. stop halfways between h4 and h5 target l3/pivot
''BUY STOP ORDER'' Why buy? 78.6% retracement Bullish hidden divergence type A ATH Entry: 14110 Stops: 14050 Target: 14340 If price hits the 61.8% projection stops are moved to BE! Good luck to everyone buying DAX!
This shows the 2 scenarios I see playing out this month. I think we fill in the wick towards $0.66 either way, but once we see that we could either: 1. Continue higher breaking $0.80 and moving towards $0.95 - $1 If we see a high timeframe candle closes above the wicks at $0.77 - $0.78 2. Once we retrace back to $0.60, we slowdown again enticing more noobs...
Overbought. Looking for a healthy retracement towards 1.45k I believe in overall that Ethereum is still here to stay of course, just that the short demographics of it being bullish is no longer true until it does a healthy downside momentum before it tests for new highs again.
After forming an ascending channel ETH lose the support zone and the base trendline at 1650$ area. There are two possible scenarios: Bullish: Support zone at 1550 act as a strong liquidity impulse pushing the price at next resistence 1650$. After consolidating in this zone next step will be 1700$ and 2000$ Bearish: The support zone where we are 1570$ will be...
Waiting for the downtrend/retracement to begin to start looking for sell opportunities. if we break through the established weekly resistance then can look to be reactive to buy opportunities.