I said in my previous BTCUSD post that I'll be looking for low term sells after the ATH inducement. It played out perfectly. But why? This is my view - The ATH was a massive liquidity pool. After collecting the orders and the liquidity it started big sell movements. Then out of FOMO people started selling because they thought they could "catch top". Twitter was...
It looks like this has bottomed. Very similar look to many other growth names but hasn't really caught much of a bid yet. With news of the TikTok ban, this could see some tailwinds finally. It's been consolidating sideways in the orange channel for some time. If it can get above the turquoise downtrend channel from ATH around 15 or so, I think it could breakout...
Here's an analysis of the BTCUSDT pair using the divergence strategy with RSI indicator. Please note that technical analysis is based on assumptions and subjective interpretations, and it's important to always consider the risks associated with cryptocurrency trading. General trend analysis: BTCUSDT is currently in a phase of consolidation or correction after...
big downtrend breakout w partern OBV up MA up first target Ma200 probabilities are great.
It's been dropping like a rock recently, but looks like it may be a good buy here at the green uptrend channel support from the April bottom. Also at megaphone support (purple). I would expect it to bounce soon and fill out the megaphone some more before breaking it out down the line. Target 1: 250 (orange downtrend channel) Target 2: 283 (purple megaphone...
NVDA demonstrated astonishing move for market-type stock, gaining more than +230% since Jan 2023. Is there any upside left in the mid-term? My analysis of the price structure suggest there at least on possibility for that in the mid-term, although... ... on Daily time-scale until price stays below 479 and Aug highs , I cannot rule out one more,...
This is short term idea I think itll hit 1.27 fibo or it will go down from here
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
It's a bit unclear, but NASDAQ:HOOD is almost certain to follow the CRYPTOCAP:BTC performance trend (either direction). If CRYPTOCAP:BTC continues to $100K+, expect NASDAQ:HOOD to push back toward previous ATH range ($48-$70) this year.
🍣📈Weekly Channel Breakout and Retest: MINA previously broke out of its weekly channel and reached its target successfully. The recent breakdown below the channel indicates a loss of bullish momentum and potential for a retracement. 🔍📉Corrective Phase and Resistance Levels: If MINA undergoes a correction, it is likely to retrace upwards until reaching its weekly...
Hello Everyone, The bullish trend in NAS100 persists, although it's currently positioned below the weekly and daily pivot points, warranting caution. It's testing daily and weekly support levels, which have proven resilient thus far. If it maintains a stable position below these support zones, it may test monthly support levels next. The overall outlook remains...
Hello Everyone, The SPX500 is presently positioned beneath the daily pivot point (PP) and is poised to challenge the weekly PP and support level. The outlook remains optimistic for continued bullish momentum, accompanied by heightened fluctuations. TradeWithTheTrend3344
APPLE NASDAQ:AAPL - Feb. 23rd, 2024 BUY/LONG ZONE (GREEN): $187.15 - $196.20 (can be extended to 185.00) DO NOT TRADE/DNT ZONE (WHITE): $181.50 - $187.15 (can be shortened to 185.00) SELL/SHORT ZONE (RED): $175.40 - $181.50 Weekly: DNT Daily: DNT, Lean Bearish 4H: Bearish Currently would not enter in Apple, NASDAQ:AAPL , as I believe the current zone is...
Hello Everyone, Over the past week, LTCUSD has experienced significant volatility, yet it has found consistent support around its monthly levels, fueling its upward trajectory. There's a strong likelihood that both weekly and daily support levels will continue to be challenged. Looking ahead, the outlook appears promising, particularly as the yearly pivot point...
Hello Everyone, BCHUSD is consistently advancing, with its trend aligning well with the bullish outlook. It is expected to continue testing the weekly support levels before resuming its upward trajectory. TradeWithTheTrend3344
🏃♂️Bitcoin is moving in the 🔴 Resistance zone($69,000_$65,000) 🔴. 📈From the point of view of Classic Technical Analysis , it seems that a Rising Wedge Pattern has been formed, although, at the same time, we seem to have witnessed a Bull Trap , and this Bull Trap caused a new All-Time High(ATH=$69,990) to be created for Bitcoin. 📚What is the 🐮Bull...
Hello Everyone, ETHUSD is currently trading below the daily pivot point, suggesting a potential test of daily support ahead. Despite this, the bullish trend remains robust. There is an expectation for ETH to continue its ascent, and it remains heavily overbought. Should the daily support falter, a retest of weekly and monthly support levels could be on the...
A strong rejection was recorded from yesterday's high, In order to remove the remaining stops at the upper level, I think we should test it once more If the tool gives me a good short, I'll probably start pulling it apart