SHIBA INU/USDT 1D. Daily chart. Middleterm trend - horizontal channel.
Price is now being in the support zone of this channel. Symmetrical triangle formed.
Price now broke out the resistance of this triangle. Accumulating as for now. Other memes are pumping one after another.
Those coins often pump before market local correction. This one highly connected with...
Disappointing earning resulted in Apple finally getting that retracement that's been long awaited and finally breaking a 210 day bullish demand line. Now there are three options to consider.
At some point Apple IS GOING to test the former resistance shown by the red box and this ss below.
Once it does we'll be looking for its Price action.
As a Bull I'd...
After a long period with ups & downs, the situation seems know clear.
A few more weeks until Silver will do the break.
I' will take position Weekly closing above 22.80 USD
Hi Traders!
The following screenshots may help you to understand the current Market Situation of the pair USDCHF.
The pictures show the Weekly, Daily, H4 and H1 timeframes.
Let's start with the weekly Chart:
Moving on to the Daily Chart:
Going over to the H4 Chart:
Moving over to the H1 Chart + first possibility:
Last but not least, the H1 Chart +...
Hi Traders!
The market is in a (weak) Downtrend.
Let's begin with the daily Timeframe:
As you can see we here have two main things to consider:
200 EMA
The price is moving under the 200 EMA.
That means that the average price of 200 days is contantly falling.
We should use this information and establish to only take Sell-Trades.
Daily Trendline
Even the...
This situation can be nice pushup to 6700 and also 6800 POC, but we are still in down trend, 6600 is still high sell level, where some whale is holding it. Will he let us through pushup or will he push price down to 6400 ? I may short from 6550 level with close sl level at 6575 . 25% for push and 75% for going back to 6400 POC . Tooked on previous charts where...
The current uptrend(see elipse on chart) the last couple of days has made things a bit difficult. I was expecting a temporary pullback. It sure came! But it came way later and way deeper than I had anticipated. Ergo, we have now two potential shorts.
Keep in mind, if price decides to ignore the first red area and reaches the 2nd red area, the current long...
as you can see in my comments, I think we are now in a situation where we could potentially experience 3 outcomes to this macroeconomic puzzle.
Well now we have 3 possibilities
1) we start another rally up confirming the triangle and breaking to the up.. in that caseI can see ECB desperate in ecember increasing QE (25% chances)
2) we start plummeting, different...
