This is very interesting sight.. see those broken structures.. which are supply zone.
In order for Dax to stay in bullish it has to break the resistance zone from that bearish trend line.. once it breaks then we will see a beautiful bullish breakout going sideways.
If it doesn’t break then the bearish reversal might or not happen.. because of heating going on...
This is my view of Btc over the next quarter.
I believe if this move is to become true, it drain many alts of their value as the market will choose stable coins Bitcoin, and just plain cold hard cash as the places to hold the most value. There really isn't any new money coming in probably until taxes are paid out for the most part.
Trade well and BTFD.
AUDUSD Sideways / Ranging will be clearly visible on the M30 timeframe, Starting from March 31, You can enter the demand area (when this idea was created) or enter supply with a CONFIRMATION note, Don't try to enter without confirmation, because maybe the price will trying to penetrate Supply / Demand, the direction of price movement will remain the same, namely...
Today, we are going to look at the hourly time frame which is showing a sideways price action between the former high @ 45'<37 and the bottom of the hourly clouds support zone, currently @ 43'900.
RSi above 50, @ 54.58.
LAGGING LINE is looking tired, also moving in a sideways mode.
Currently below the Tenkan-Sen (44'765) and still slightly above both...
KSM is trading sideways between $145 and $115 just below key resistance $150.
Due to Russia – Ukraine war entire market is in defense.
To continue its uptrend KSM needs to flip $150 resistance.
Every move above $150 is bullish and every move below $100 is bearish.
As long as, KSM is ranging in this area it is not recommended to open neither short or long...
We have seen Wyckoff Accumulation, and Distribution method used multiple times by Institutional investors/Whales last year. Looks like the same strategy is getting used this time too. 44k-46k is acting as resistance and 33k-35k as support.
Again this is purely theoretical based on historical data. If the same accumulation method occurs, this is what BTC will look...
On the 1h time frame we have perfect falling wadge but i would not recommend you to trade the breakout because we are in a weekend and the volume is low.
Instead i am trading this range between this to yellow lines bacause in the weekends we are mostly going sideways.
We have also some tensions betwen Russia and Ukraine so i dont think btc is going to move before...
BNT is ranging since May 2021. Support that built at $2.66 on June was tested again one month later in the form of a fakeout. In January 2022, price passed through $2.66 and found strong resistance in the high demand zone between $2.30 – 2.08.
In the 4H LTF, BNT was accumulated between 22 Jan. and 05 Feb. That in conjunction with the long tail candlesticks - in...
We will most likely see ADAUSDT range between 1.1-1.4 USD fundamentally for the rest of January.
Cardano has been on a downtrend for the past 3-4 months and is looking for another break to the upside.
Reasons
- Highly anticipated launch of Sundaeswap which had some tx issues because of clogged network
- Overall Crypto market in a dip
- Tech stocks first drop...
Hi
Bitcoin has created a narrow range in recent days. In general, due to the existing narrow range, I do not expect a change in the trend in this price range. To change the trend, based on Waikoff's theory and the range areas that have already changed trends, I expect a larger range area.
It seems BTC is squeezing and creating a bearish triangle pattern above the...
A Bearish Bat Pattern has been completed in EURJPY. I'm waiting for a market retest at 131.26 for a shorting opportunity. What's nice about this trading setup is that the completion of the bat pattern is at the right shoulder of the previous Head and Shoulders formation.
Manage to spot it?
Welcome back! Here's an analysis of this pair!
COMMENT BELOW and let us know your thoughts or questions!
** EURUSD is presently moving sideways and we expect the bearish trend to slow down with the approach of year end. Listen to video for full analysis!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy...
DAILY (D1) :
On that time frame, the BTCUSD is moving in a broad sideways channel (46'650 - 50'500); nevertheless,
pressure remains on the downside as current level is still :
1) below the Mid Bollinger Band
2) below the primary downtrend line resistance
3) below the Kijun-Sen
Watch Tenkan-Sen (@48'500), roughly in the middle of the sideways channel above...
Hi everyone
ADA price now still moving into a channel downward and green area on the chart
shows best area to accumulate the coin. I personally think 1.5$ is a very strong support
level to hold the price and push it upward. so between 1.85$ and 1.5$ is fair price to buy.
if a high volume comes now we may see good upward pressure but as long as BTC
not move...
Hello traders,
USDCAD is still on the bullish trend on daily chart.
On 6h chart, looking for sideways before new leg to bull again to break fibo 1.27 1.27000.
For last idea, USDCAD did not go that low to make a double bottom. Buyers are likely to push price up again this week.
RISK LOWER THAN YOUR TOLERANCE:
Suggested Risk <5%
Your Real Entry Position Will...
Price is in a strong downtrend.
Momentum is pulling it down.
However, the tail wick of this the Months
candlestick has pulled back up to the support line.
This could mean we have found a support in this
price range. Look for the channel to break and
possible sideways action for the big boys to
accumulate shares. May rise slightly or fall
slightly, but...
Hello traders,
GBPJPY did make some small range pullback last week.
But it found support again.
This time, it could make a double test of gold dash resistance zone first.
And new plan for breakingout or correction would really depend on the price action hitting that dash line.
We would expect no selling plan before any strong double top pattern.
160 WOULD...
