After bouncing from the weak support area, the pair is facing an extreme resistance level, The main bearish trend is confirming the idea of selling. like and subscribe for more daily signals
Bitcoin is during a bull run to 23k in the 4-hour chart. But in case it crashes to 16k. we may see a new bear run.
BTC LONG TERM - The bullish divergence looks like it's playing out on the 1D and close above the 21 EMA yesterday which means it could go and test the 55 ema at 25000, so I don't think this bounce is over just yet. BTC SHORT TERM - On the 1H it looks like it wants to put in a temporary top and pull back a little bit. There is a tiny bit of bearish divergence too,...
Macroeconomic backdrop:: With sentiment in markets rising slightly from peak fear, due to recession fear provoked significant pull backs in commodity prices. Providing a likely reprieve in expected rising inflation concerns. This might in turn, influence central bank interest rate decision makers, too slow the rate in which they hike rates. Although we can only...
The euro is descending to historical levels. Technically, all the euro pairs fall. On EUR/AUD we see a break of the bullish channel and retest the support level the weak support can't make a new higher high. It should turn into a resistance level. more confirmation on indicators RSI divergence and triple EMA 50-100-200 like and subscribe for more free signals
Two of the best Signals for price reversal are perfectly head and shoulders pattern If the right shoulder is complete. and the RSI divergence . for confirmation and entry point Wait for the pattern to complete and close below the neckline. subscribe for more free signals
BTC LONG TERM - I still think this bounce will carry on to about 21700, the 4H has printed a green spot and it's held the 55 EMA. On the 1D it still looks like it wants to test the 21 EMA at 21200, I think if the weekly closes above 22000 this week we could see a bounce up to higher 20000s. BTC SHORT TERM - On the 1H it still looks bullish and looks like it wants...
In a general view price after reaching and engulfing the level 0.81000 starts to retracement back to upper level and we don't know when it'll end and return to its main trend so in this return we can enter long position only after breakouts.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
The total evaluation for the ETH asset is bearish. Please be reminded that the chart displayed is very similar to the BTC chart posted on June 26, 2022 -- You may visit my profile to further confirm the move I took for shorting it. Here are several analyses explanation that could help you maintain your short or reconsider your bullish bias in the short term and...
hi traders here in the chart we are sharing our idea on apple for you as you can see chart in the daily time frame we have a wolf wave pattern and we expect these targets.
BTC LONG TERM - On the 1D the green spot has confirmed from yesterday with bullish divergence at the same time but the stochastic Is still crossing down on the 1D. On the 4H It has come down to the 55 Ema it would be nice to see it bounce off that, If It does then I can see a bit more upside towards 21700. BTC SHORT TERM - My short term target from yesterday was...
the major support level can't make a new higher high. head and shoulders pattern in the low time frame break and retest the key level 0.618 fib level retracement good setups and good risk-reward 1/2R or more
BTC LONG TERM - On the 1D it could get a 3rd strike of bullish divergence on the Crypto trend indicator which could maybe give it a little bounce upwards to 22900 then maybe come down further once the divergence has played out. BTC SHORT TERM - On the 1H it looks like it wants to bounce a bit more, it has broke the 21 and 55 EMA with the stochastic crossing up...
We are sort of in this channel or possibly a giant bear flag right around the bear market zone. But short term, looking for a rally to 4000 on SPX futures.
please do your own research. this is the best I could come up with if any of the rules specified in the chart is broken then all this is invalidated. previous resistance might come at September 2020 lows
Several Patterns building a structure in XAGUSD: 1. Fib Channel formation 2. Mirror 100% Fib Projection Target 3. Date + Price Range correlation (2x, target is 3rd) 4. AB=CD Correlation (connected with Date + Price Range correlation) 5. Volume Profile Point of Control (lined up at target zone with all 4 of the above)
Potential uptrend continuation projection with: 1. 100% AB=CD correlation 2. Fib cluster zone of: 38.2 retracement 61.8 retracement 3. Support level 4. Fib Channel FX:AUDJPY