RNDR one of the higher momentum tokens over the last year had a major sell off and wicked to my downside target which is the prior cycle high. RNDR reaches for the momentum trend (teal line) on this reversal. I updated a fib extension and I wouldnt be surprised to see 9$ soon. The BTC halving is very close and we should see some BTC stabilization above 60k...
Looking back on LULU's price history, it once dropped similar to this, both price and RSI, and the dip/correction was copied using the bars pattern and applied here. The pattern fits perfectly with the blue support line. I am not long or short this security, I simply want to track my hypothesis.
Hello Everyone, The NAS100 has experienced a significant decline following resistance from the 1-month and 1-week pivot points. Presently, two possible scenarios loom: an immediate upside bounce from the recent low or further testing of support levels, potentially reaching as low as 16169. Currently, there are signs of buyer activity emerging. TradeWithTheTrend3344
I'm looking for the green levels to add, i really like the area in the mid 140s if it hits.
Good morning and good luck to you. Here is my trading plan based on: - support & resistance based on liqidation levels - fib - my exclusive order blocks I can't predict price movements, but I'm learning think like a market maker. In this case, I assume that money-volumes are more important than indicators, patterns and other levels. The goal of MM is to remove...
Hello Everyone, The LTC/USD pair has experienced a significant decline in recent weeks. To sustain bullish momentum, it's crucial to secure a position above the 1Y PP. However, if the price fails to maintain this position, we could witness a retest of 1D/1W/1Y support levels! TradeWithTheTrend3344
With some fun gaps to fill on the way down. See you in late October.
Nifty fell like a hot knife going through butter slab reacting to Iran Israel news. There was some respite today as Nifty has takena support at 21777 and bounced back to close the week at 22147 staging a remarkable recovery. 21777 will remain a critical support to watch for reminder of the month. In case this support is not held further supports will be only...
Hello, Given recent events in the Middle East, my previous analysis has continued to hold true, and I just want to update the chart a bit. Initially, we saw two upward legs, as indicated on the chart, followed by entering a triangle channel, which I won't delve into much. Now, we're witnessing the latest phase of this trend, which is a trading range. I've drawn...
Hello Everyone, Despite the recent downward swing, the BCH/USD pair maintains its status as a robust long-term buy, with solid monthly support maintaining its stability. TradeWithTheTrend3344
Overview: GBP/CAD has recently exhibited the formation of an Anti-Butterfly XABCD harmonic pattern, concomitant with the price approaching a crucial Resistance area. This confluence suggests a potential Bearish reversal from point D, indicating a favorable opportunity for traders to capitalize on the impending downward movement. Entry Strategy: A prudent entry...
Today, due to the expansion and escalation of geopolitical conflicts, market risk aversion has surged. Gold has been enthusiastically sought after as a safe haven asset. It took the 2400 position in one fell swoop and continued to rise to around 2417. Subsequently, Iran repeatedly downplayed the tension, and gold turned downward. It has given up all the gains,...
This is my Setup to go Long on USDCAD. We have identified Unmitigated Shadow which is extreme POI on 1 Hour time-frame. Look for LTF confirmation before entry. Thank You.
Dear friends, today due to the expansion and escalation of conflicts in the Middle East, market risk aversion has surged. Gold has been enthusiastically sought after as a safe haven asset. It took the 2400 position in one fell swoop and continued to rise to around 2417. Subsequently, Iran downplayed the tension many times. Gold turned downward and has now given up...
Hello Everyone, The current trend suggests that ETH/USD remains a solid long-term buy, with indications pointing towards further upside potential. TradeWithTheTrend3344
Hello Everyone, BTC/USD is presently at the testing point of its 1-month and 1-week supports, which have proven resilient so far. Despite recent downward movements, all indications still strongly favor further upward movement. A significant indicator for potential future gains will be if the price manages to firmly establish itself above the 1-day resistance...
EURUSD New Forecast The price may consolidate within the bearish zone if it remains below 1.07070, a key weekly support level, potentially guiding EURUSD towards 1.05050. Conversely, stabilizing the price above 1.07070, which would bolster EURUSD ascent to 1.0880 and subsequently, 1.0992. Pivot Price: 1.07070 Resistance prices: 1.0880 & 1.0992 & 1.1043 Support...
Hello Everyone, Long-term prospects for NZD/JPY remain bullish, despite its current oversold condition. Both monthly and weekly support levels have demonstrated resilience, suggesting a potential for further upside. Confirmation of continued upward movement hinges on the price maintaining a comfortable position above the monthly pivot point (1M PP). Nonetheless,...