I thought i would share my idea, its very brief. The DXY is still in its downtrend and now is at the top of its downtrend line. Its worth noting that it is in an acending wedge which more likely play out to the downside. But also it is at strong resisitance, this is the level it hit on 20 march 2020 and tanked, so could we see the same? One area to note is...
hey waaasup everyone, If you have been following me lately you would of already seen my TA on BTC. Heres an update, It has played out as expected so far and BTC is very close now to that red vector range and big volume gap. It is still in its range (blue box). I have now spotted a much bigger inverse haead and shoulders pattern (light blue) but also some...
heres an idea ...... BTC 15 min, inv head and shoulders, descending wedge, back up to the range and red vector 23 300. Could easily also dump to the bottom of the range but im more bullish with seeing a hidden bull div on higher time frame 4 hr, 90, MACD about to turn we will soon see, be interesting, we have held 23K
Hey everyone, so i put out an idea last night where i showed a W formation and inverse head on shoulders on the 15 min TF, but it didnt play out. I have updated my idea, where it is still in its range (blue box) The pattern has changed to decending triangle with base at 23k area but it could also be a decending wedge possibly? Everything else is still in play,...
Hey fellows!!! Gold is still pushing down, On the lower TF we gat what looks like to be a couple of bearish flags breakouts going on. After gold has been trading in a tight ascending range all week, it finally broke the flag down yeasterday following US news, And today, it came back to retest the 1870 level and again, US news kicked in! So here are we now,...
USDJPY nice rejection off the top of this range! have a nice sell trade about to close, it did go slightly above the top of this FIB range but did not get stopped out. How I have been marking my stop areas have allowed the trade to continue and not get stopped out! you gotta keep making adjustments to fine tune your trades. Can we see this head all the way...
Here is my idea on BTC, could play out? It has broken out and retested the main white downtrend line. The new red line is the downward retest line it has to now break. At the first range i saw a head and shoulders that brought BTC down to retest, Its now in the retest range but i have spotted an inverse head and shoulders in this range, so a break out to the...
First of all congrats with your profit on VET BINANCE:VETUSDT . You made 25% (spot trading) if you followed my previous Long call. Check my last post to take a look. Ok. Whats the deal at this moment? We still have some room left for a upwards movement and this is why: - VET is in a bullish trend. Check the blue trend line. - We're moving towards the daily 200...
Dyor dyor dyor dyor dyor because this one isn’t about walking yoU through anything, we are at the moment of truth. And it can go one way or the other. I want this to be fun, I want you the reader to see what you see, and do what you feel you need. I’m waiting I’m watching
The weekly chart on #tsla has formed a massive head and shoulders. you see the high volume enter the left shoulder, then the depreciation in volume another smaller volume but higher price making the head, and the lowest volume right shouler, followed but some nice volume. *can bulls hold? it is a musk company, tis the season and all. But this big head here does...
Good Evening Everyone, Please watch the entire video to understand my break down and thesis. As always trade safe set stops set takes and make sure you are always using appropriate risk for your RR. Happy Trading + Safe Trading = Profits I'll get back to posting more frequently if we can give this video some love!!!! Cheers
Here is my multi time frame technical analysis chart for Bitcoin. Goal is cut off the noise and to show key trendlines and support/resistance prices. We can clearly see that the market is currently bear with a descending triangle on the higher TFs. After breaking the important 5 months 18 500$ support, price is now inside a range between 16 000$ and 17 500$. Price...
Bitcoin is rallying since couple of days and making all Bulls extremely happy, yet, we need to pay attention of possible downtrends or invalided patterns for a bullish scenario. The falling wedge (purple) is playing out so far. Adding FIBA from the local high (5. NOV - Start FTX Saga) we see that level of -0.618 are reasonable. For now we are looking at Fiba...
Looks like it could make a run here above this level and a breakout from the ascending triangle.
The average citizen lacks any real understanding of Central Banking all they know are uneducated talking point from 🐑 that have the same or less power over their lives & the system as a whole that gave rise 2 them at leverage while they are none the wiser they are referred to by the architects of the system as... 🤓👉 ( working class / human capital) Scandals like...
Second crypto asset I've seen today get completely slammed with a pump and dump by the whales. Potential short if you managed to catch the pivots at the top that got wicked. Let me know if you have any questions!
If you draw a trendline between two cycle top whats next too each other and clone it to the cycle bottom that line will cross with the next cycle TA bottom. Fact thats line currently 25% under the bitcoin price and some banks and hedge founders predict to 2023 a 25-20% crypto and stock market crash.
Evening all, Full TA in the video as usual. Some notes: - Bitcoin clinging on to the lower trendline of the rising wedge we have identified. - Look for support levels on a breakdown - $16919 is an important level - The breakdown measure move is around $16374 - If we do break down past $16919 look for a bearish retest and a possible short opportunity - Daily...