We know this is an unpopular opinion BUT technically, Bitcoin is ripe for a move to the downside. On the monthly chart, we can see that we've completed a major wave 1 impulse and now we're in a wave 2 correction. We're looking for one more move down to complete this wave 2. See monthly chart below: It looks as if we're making a 535 correction and therefore,...
My dear friends, Please, find my technical outlook for GOLD below: The instrument tests an important psychological level 2165.3 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2183.7 About Used Indicators: Super-trend indicator is...
My dear friends, My technical analysis for GBPUSD is below: The market is trading on 1.2646 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.2617 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend...
In this analysis I'm going to take an attempt at making an educated guesss at when Bitcoin will top, purely based on price action. On the chart you can see Bitcoin's price action over the last 13 years on the 2-week chart. The arrows are drawn from the first candle close above the previous all-time high (purple lines). In short, it takes between 17 - 24 bars...
In this analysis I want to discuss the possibility that Bitcoin's temporary correction might be at the ending stages and that the bullish trend might continue in the near future. I want to look at two things: - The price has hit the purple dotted support on the chart. - The RSI has hit oversold on the 4H chart for the first time since late January, at the start...
Preface: I'm still bullish on the crypto market as a whole. I still think it's likely we're going to make new highs in the near future. This is a more short-term oriented trade and will only be activated under certain conditions. In this analysis I want to shed some light on a pattern that one of my commenters recently informed me about. Although it's not the...
Preface This analysis is based on historical price action. Since BTC only had a couple of cycles before, the data presented is based on just a few observations. Furthermore, this analysis will use calculations based on a mathematical model based on these few observations. TLDR/Summary at the bottom. Goal of this analysis In this analysis I'm going to take an...
Hello traders and investor! In my opinion, Solana should make a price reassessment of $57 and then wait for the increase to $217. I think the best price to buy should be 57 dollars. Be careful! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
As you can see, the price swept the liquidity below the previous day's low and shifted the market structure. Now we can expect that the price move lower to collect the inducement and then move higher. We can define buy-side liquidity as the first target and the previous day's high as our final target. Please pay attention: We need LTF confirmation in this...
The recovery in gold prices weakened as the US dollar rebounded. During the March 26 session, gold prices rose back to $2,195, but as soon as data on the number of US durable goods orders was announced, gold adjusted back down. Price support is currently located around the old peak at $2,144.5 There won't be much major news coming out in the near term, so all...
Hello, dear friends! Today, EURUSD continues to demonstrate its resilience with bullish candles, maintaining its stance above the 1.080 level. The technical outlook remains positive for this pair, but it needs to break through the 1.086 resistance level to solidify its upward momentum. Conversely, a breach below the marked support level could lead to a significant...
Today's Gold Market Insight: Struggling to capitalize on yesterday's modest gains, gold (XAU/USD) fluctuates narrowly around the $2,170 mark during today's Asian session. Yet, it's wise to hold off on aggressive bearish bets against this precious metal, especially considering the recent retreat from the record highs near $2,223 reached last Thursday. The Federal...
#ALT/USDT #Analysis Description --------------------------------------------------------------- + The price of ALT is currently hovering around the resistance level, suggesting a potential breakout. + If the price manages to successfully breach the resistance level, it presents an opportunity to enter a long position. + I plan to initiate a long position once the...
Hello everyone, and welcome, subscribers. Please share your personal opinions in the comments. Booster and subscription requests are appreciated. Last week, the February inflation indicators for the United States were released, showing a higher level than expected. It indicated that contrary to market expectations, inflationary pressures are not abating. There's...
As you can see, the price created equal highs defined as our final target. There are two possible scenarios. Personally, I prefer to see the price move lower once again, and after collecting the sell side liquidity get support from the mean threshold of the order block and the midway of the bullish daily FVG, then we can look for the LTF for entry. It's a...
ARB has formed an entry for a long position 🔵Entry Zone 1.7208 - 1.6859 🔴SL 1.5761 🟢TP1 1.8412 🟢TP2 1.9662 🟢TP3 2.0766 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please...
STG after the pullback will continue to go up 🔵Entry Zone 0.7156 - 0.7334 🔴SL 0.6679 🟢TP1 0.8102 🟢TP2 0.8834 🟢TP3 0.9953 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📦 MPC has been overall bearish trading within the falling channel in red. 📈 However, it is currently approaching a strong round number $0.3. 🏹 For the bulls to take over and shift the momentum from bearish to bullish, a break above the last major high in red at $0.45 is...