hi everyone, could you take profits these days from the market? I hope that your answers === yes✅
I tried to explain all information about Bitcoin's way in my Previous post, Please read this post 👉
Bitcoin Analyze (BTCUSDT) Timeframe 30min ⏰
We saw Fake Break...
Hello traders and investors! Let’s see how PLTR is doing today!
First, it lost the ascending channel’s low that we mentioned last week, and this tells us that the bullish momentum is getting weaker. Doesn’t mean a reversal, neither that we are seeing a pullback, but that PLTR is resting.
In this case, we are having a Time Correction (when the price keeps...
2 Weeks ago DPZ tried to conquer the level of 432 and failed then tried again this week and confirmed it's failure. We now have Hidden Bearish Divergence on the MFI and we have Weekly Momentum Pointing downwards on the Momentum Indicator. I will be looking for around an 80 percent pullback towards the $330 area from here.
Current $BTC price is over-extended and waiting for a correction/reversal really strongly.
I'm showing this in 4 hour chart but you can find the same candle patterns(hanging man) in 6, 8 and 12 hour time frames as well.
But at 4 hour chart we have 2 hanging man candles followed by a shooting star, now all you have to do is to check if the next candle is going to...
Almost all the cryptos have daily reversal sign like shooting star or inside bar breakdown.
It's been a wild trading day, shorted some xrp and eth already.
Here we got this BCHUSDT inside hr trade, still willing to take some short if it's able to break to the downside
Let's see how it goes yo!
The EURUSD is currently consolidating between the 20-day MA (in red) and the 50-day MA (in green) while bearish pressure increases.
The currently emerging Triangle represents a classic trend continuation pattern; however, unless the price manages to break out above the Triangle's upper boundary, it could turn into a reversal pattern. A new bearish correction...
-My last SPY prediction was spot on and the price bounced right off the bottom support and up to the resistance. As we can see, the price reacted well to the resistance and stayed inside the channel. Candle closed as a possible shooting star candle and Indicators are overbought on the 5 & 10min chart and a pullback to support is very possible.
-I'm short going...
top of channel / ABC or WXY complete from march lows after triangle breakout in late oct/early november. shooting star weekly. please post and correct me but zooming out i think its 5-3-5 ABC for W (2009 low to jan 2018) into an X wave and now completed X within WXY of the X macro..startin Y down to finish macro X.
August 20 $23P on $BAC for me but this thing...
H4 : Last candle triggered as shooting star coupled with a potential double top in progress.
In addition indicators are also in divergences process
Watch : 36477 (TS), 35300 (MBB) and 35280 (KS)
35300 should be seen as a very important support area in this time frame
Failure to hold above it would open the door for :
H4 : Last candle triggered a second "shooting star".
Important to note that both patterns took place following the failure to upside breakout KS
Moreover, clouds support is very thin = fragility !
In addition, MBB and TS also coincides with the clouds support area.
Watch also the first uptrend line support (the one which rely the...
Strong bearish RSI divergence on 4hr
If candle closes in a shooting star I expect mega correction
Remember however BTC is the boss and does what it wants to, this bull run IS NOT over whether it corrects now or not. BTC has easily been breaking RSI patterns and it may do it now. just be prepared for either way it goes, but if shooting star closes, I'm...
Yen had been the strongest currency since 2021 as dollar bounced a little bit yesterday.
Trying to get involved is one of my main focus today.
Here I got this little hourly shooting star after 0.618,
quite a good trade though.
I'll only be interested in the breakdown short, if it didn't break to the downside I'll cancel the trade.
Let's see how it goes yo!
I have provided a few reasons above that support a correction is likely on the way for BTC.
1) Descending Triangle, key support line, at around $25,700 now. A move and close below this line in next few hours will be very bearish.
2) A breakout from the descending triangle forming a shooting star pattern at hourly chart shows bears are working hard to press the...
Engulfing & Shooting Star reversal candle on rising wedge
MACD Divergence + RSI divergence (not shown in chart)
Take profit levels and stop loss shown on chart.
Tip: set the TP levels a few pips higher.
Share your view
Rising Wedge formation + false break at the 5th point.
This is in conjunction with a MACD Divergence.
On a 4 hour chart a shooting star reversal candle is present.
Short at 0.77017
Stop Loss at 0.7036
Take profit at support/resistance along the way.
This trade idea supports my larger active trade shorting the NZDUSD based on a harmonic pattern -...