Now Bears moment 🔻Short term F&O. Educational purpose only
Here is the short idea for the BINANCE:LINKUSDT . The idea based on the fact that LINK has broken down the uptrend channel, moving currently within the downtrend channel and BTC is targeting 14K.
Hello everyone, let's look at the 1H ETH to USDT chart, as we can see the price is approaching an attempt to break out of the triangle marked in yellow. Let's start by setting goals for the near future that we can include: T1 = $3,452 T2 = $3,576 T3 = $3,665 AND T4 = $3777 Now let's move on to the stop loss in case of further market declines: SL1 = $3,307 SL2 =...
Hey Traders, in today's trading session we are monitoring XAUUSD for a selling opportunity around 2172 zone, Gold is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 2172 support and resistance area. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring AUDUSD for a selling opportunity around 0.65250 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.65250 support and resistance area. Trade safe, Joe.
📈 Bitcoin has recently exhibited a rising wedge pattern on the 4-hour chart, indicating a potential correction in the near term. This pattern is characterized by converging trendlines forming higher highs and higher lows, signaling a weakening momentum and a potential reversal. 🔍 💲 As of the time of writing, Bitcoin is trading at $68,200, and based on the...
In the crypto realm, Chainlink stands out, its price swaying like a pendulum. 📈💼 Eyeing its chart, we zoom in on the 12-hour time frame, where $17.72 emerges as a pivotal support level. 🛠️💰 Beyond mere numbers, this mark embodies market sentiment, shaped by news and psychology. 📰💭 So, let's approach with a blend of technical prowess and market wisdom, ready to...
🎮 Gala, the gaming-focused blockchain platform, faces resistance at 7 cents, prompting a reassessment of its near-term outlook. 🛑 This analysis explores potential support and bounce levels on the 4-hour timeframe, guiding traders through key price dynamics. Introduction: Gala's recent rejection at 7 cents signals a temporary pause in its upward momentum. 📉...
Hello,Friends! It makes sense for us to go short on USOIL right now from the resistance line above with the target of 75.11 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! NZD/CHF pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.533 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Please, check our technical outlook for BITCOIN. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 64579. Taking into consideration the structure & trend analysis, I believe that the market will reach 60369 level soon. P.S Please, note that an...
Please, check our technical outlook for US500. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 5238.4. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 5187.9 level....
Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BTC 1-day update. Daily chart, the price is continuously rising after bouncing off the 40K btc level. However, the market recently retreated from the 75K resistance level The 64K – 66K level is...
The weekly candle close this week respected the bearish weekly volume imbalance, respected the bearish weekly orderblock, and failed to close above the previous weeks high. For this reason, I am targeting the PWL as a DOL. I will be looking for price to trade up into H4 premium arrays and reject from them. Once I see bearish arrays being respected on the H4, I...
Bitcoin broke the earlier trendline that i draw, since then im bearish. my next target is the big daily wick on the trendline that also comes together with 50 ema(yellow line)
Hello everyone, price action in Gold continues to be very strange and we saw a significant move to the upside after a bear trap formed below 2000. The move went directly to the 2088 resistance (and orderblock) and a correction from the local overbought conditions is likely. The elliot wave count at this stage is very unclear, but I left my count on the chart....
Hello,Friends! GOLD pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 17H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 2129.381 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Hello,Friends! Bearish trend on CAD/JPY, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 110.959. ✅LIKE AND COMMENT MY IDEAS✅