ETHUSD: Thoughts and Analysis Today's focus: ETHUSD
Pattern – Continuation
Support – 2878 & 3060
Resistance – 3150 & 3315
Hi, traders. Thanks for tuning in for today's update. Today, we are looking at ETHUSD on its daily chart.
Do we have a continuation confirmation? Firm buying continues to push that case as the price continues to track higher today. Do you agree with our top-down analysis?
Watch out for any new push lower that moves back to support. This could be a warning that buyers don't have the number just yet.
Good trading.
Techincalanalysis
April 29 Weekly Outlook: DXY & GBPUSD High-Impact News Week!!!Greetings Traders,
This week promises significant market movement with a series of high-impact news releases, including the Non-Farm Employment Change and the Unemployment Rate among others. In this video, we'll delve into what to expect in DXY and GBPUSD trading, recognizing that such weeks often exhibit manipulative or accumulative behavior. It's crucial to approach analysis with precision and critical thinking, which I've aimed to provide in this video.
Stay tuned for updates throughout the week.
Best Regards,
The_Architect
Ethereum - First -40% and then +150%!Hello Traders and Investors, today I will take a look at Ethereum.
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Explanation of my video analysis:
After the beautiful bullish break and retest on Ethereum back in 2022, we saw sufficient bullish confirmation on the smaller timeframes leading to the +250% rally which we have been seeing lately. Considering that Ethereum is now retesting the previous all-time-high, we might see a correction to retest the next support towards the downside before Ethereum will continue its overall bullish trend.
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Keep your long term vision,
Philip (BasicTrading)
BTC - Try This INDICATOR for DEMAND ZONES📉Hi Traders, Investors and Speculators of Charts📈
Bitcoin is undoubtedly on it's way to making a new ATH. But one question is on everyone's lips... When will we see a pullback?
Pullbacks are a normal and healthy part of any bullish cycle. With the price increasing constantly this entire week, a pullback seems immanent. In today's analysis I'm sharing a quick tip with you on how you can use an indicator to gauge the next major demand zone/support zone without setting up trendlines. This indicator is also helpful in spotting a local top/bottom.
Here's another helpful indicator to watch. This one identifies major trends, and gives real time "buy" and "sell" signals which you can setup as alerts on charts:
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
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CryptoCheck
COINBASE:BTCUSD
AUDUSD: Analysis Pre AU CPIToday's focus: AUDUSD
Pattern – Continuation/resistance break
Support – .6566, .6545
Resistance – .6620
Hi, and thanks for checking out today's update.
Today, we have run over the AUDUSD breaking down levels we have seen form and what we are looking for after tomorrow's Australian CPI data. Combined with the USD, there are a few scenarios. We have done our best to break them down and incorporate price levels into those scenarios.
Will we see a new test of support, or will buyers break current short-term resistance?
Australian CPI data is due tomorrow at 11:30 am.
Good trading.
Why am i going long when we dumping >.<Simple i like to trade volume profiles. It show the value of a asset in real time. I like to buy when its cheap and sell when its expensive. Value Area highs, POC or Value area low with deviations to give a better confluence.
AVAX: Thoughts and Analysis, potential low discussion.
Today's focus: AVAX
Pattern – 50% Fibbo, HL low analysis.
Support – 29.22
Resistance – 33
Hi, and thanks for checking out today's update.
Today, we are taking a look at AVAX (Avalanche) on the daily chart. Looking at price with a Fibonacci retracement tool on the chart, we can see that price lines up at the 50% point. This point also lines up with a previous high. We discuss the significance of the 50% Fib point and when price lines up with previous highs in today's update.
We have also run over what we are looking for to start calling a confirmed low and continuation. Signs are building, but buyers still have some work to do.
Good trading.
AUDCAD ANALYSIS UPDATE 1/7/24 11:43pm Audcad broke structure bullish before market close friday 1/5/24 so i got out of sells and follower price because i was expecting a daily pullback to the upside and rejction back to the downside.
* Price is now showing us daily pull back and rejection as expected but faster than expect so i did what a trader is supposed to do ADAPT! ill keep you guys updated.
GOLD- XauusdHi guys
I speak in Persian so If you are English Do not be worry.
The close of the daily candle is under the resistance area, showing us the price can not go up.
The weekly area is not touched yet so there is lots of liquidy.
the bullish trend and the HL in the 4H timeframe are not broken so I think the market was manipulated.
In conclusion, I think the price will go up temporarily then gain the liquidity and it will dump.
EURAUD I Potential downside ahead of AUD CpiWelcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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ASX200: Thoughts and AnalysisPattern – Continuation HL
Support – 7035
Resistance – 7100
Hi, and thanks for checking out today's update. Today, we are looking at ASX200 on the daily chart.
Today's video asks if the ASX200 will confirm a continuation price pattern we are watching develop on the daily price chart. Buyers look okay after holding support and forming a bullish bar in today's session. The worry is the fade we are seeing. If the price fails to hold above yesterday's open, that's also a worry.
Other than that, we have the MA pointing up with an LH and a support hold after the new leg higher breakout, all showing buyer support. Let's see if we can see a confirmation bar on Monday if we get a trigger bar today.
Good trading.