Bitcoin held at 22,700 resistance. Can buyers take the next stepHi traders, thanks for stopping by to watch today’s update. Today we’re looking at Bitcoin on the 4H after a few days of solid buying, and a few rejected pushes higher. Yesterday’s things looked bright for bitcoin and the top ten as it looked like buyers here hit on the case, and we saw plenty of solid gains across the boards.
Things changed in the NY session as sellers moved in and knocked prices lower. This was short-lived as we saw fresh demand hit the markets this morning. Bitcoin retested resistance but has stalled once again, with sellers taking price back below 22,000. In today’s update, we break down resistance and price action we are watching with the current trend structure. If buyers can hold 21,480, could we see a new shot at resistance?
Feel free to let us know your thoughts, and we wish all a happy Tuesday and good trading.
Technical Analysis
Multi-Timeframe Analysis of $MSFTIn this multi-timeframe analysis of Microsoft $MSFT we discuss the possibility of bullish price action in the month of August. Another leg lower to the 200ema on the weekly cannot be ruled out (~217), but if we break out of the descending wedge and above the 21 ema on the weekly, we can have upside targets of 283 and (in the event of a major bullish move into September) 307.
The Case for DJI 18000- Canary Jones™Canary Jones™ makes a compelling analysis and case for the nearing DOW 18000-20000 using a blend of fundamental and technical analysis. I also argue that we could see one of the last best buying opportunities of our lifetimes. Additionally, I speak on the resilience of the American economy and my bullish predictions for the future.
How To Analyze Any Chart From Scratch - Episode 10Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Today we are going to go over a practical example on MATIC, but you can apply the same logic / strategy on any instrument.
Feel free to ask questions or request any instrument for the next episode.
You can find the previous episodes below "Related Ideas"
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
US30 pressure continues. Could the short-term run be over? Hello to all our subscribers and the TradingView community. Thanks for stopping by and watching our latest market update.
Today we have broken down the US30 on an overall longer-term view and the current short-term view. Overall the trend remains down, and we are watching to see if the short term can complete the current pattern of trend and maintain a normal trend with a new LL. Sellers are in control on the short term but they have a bit to do to confirm that.
On the short-term, sellers continue to hold sway with a break of yesterday’s low in today’s out-of-hours session. We’re seeing two keys moving forward. 1, sellers break 30,500 demand and set off back to 29,683 low. If demand holds and we see a new move above 31,500 resistance, we will jump off the seller train and look at the possibility that the uptrend from the 20th of June has further to run.
Good trading and we hope you enjoy the rest of your day.
Market Review and Key levels to watch on major marketsThe Morning Jumpstart Weekly Review 11/07/22...key levels to watch on major markets for the coming week!!
Cryptocurrencies remain under pressure while share markets bounce but remain in their daily downtrends. Bulls will be looking for major share indexes to base and provide buying opportunities into earnings although bulls will focus on guidance as interest rates rise.
Markets covered
US - DOW, Nasdaq and SP500
Europe - DAX and FTSE100
Asia - Hang Seng, ASX200 and Nikkei
FX - Dollar Index (USD), EURUSD , GBPUSD , AUDUSD and USDJPY
Commodities - GOLD , Oil and Copper
Crypto - Bitcoin and Ethereum
How To Analyze Any Chart From Scratch - Episode 9Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Today we are going to go over a practical example on EURGBP, but you can apply the same logic / strategy on any instrument.
Feel free to ask questions or request any instrument for the next episode.
You can find the previous episodes below "Related Ideas"
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
WHITE SUGAR CASH CFD SETUP IDEAWeek setup: Bearish Engulfing bar
Day signal: Retest of Hidden Head & Shoulders neckline.
4HR Signal: Retest of Head & Shoulders neckline + Double Tops downtrend.
1HR Signal: Retest of Double Top downtrend neckline.
IDEA: A strong daily close of price below $549 would suggest a more bearish sentiment.
How To Analyze Any Chart From Scratch - Episode 8Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Today we are going to go over a practical example on KCS, but you can apply the same logic / strategy on any instrument.
Feel free to ask questions or request any instrument for the next episode.
You can find the previous episodes below "Related Ideas"
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
My $10,000 Portfolio is now live. Here we go!Traders,
The time has come. My first trades for my public-facing portfolio have been triggered. I will cover the first trade in this video and why I entered it as well as overall market analysis. To receive ALL of my trade alerts you'll need to (against house rules). All trade alerts will go out to everyone until I can prove success.
Best to you all!
- Stew
SNXUSDT at Support - Seeing confluence to go longSynthetix has been ranging between the current support of $2.95 and $3.60
I'm seeing a few points of confluence at support and see on the TPO and 30minute imbalance chart that there is a possibility of short traders being trapped at the low if price moves up sharply
Confluence:
1. Fibonacci golden pocket area
2. Value area low of the fixed range
3. Possible Trapped short traders
4. Failed aution on a TPO (Time Price Opportunity) chart
5. Bullish divergence on the 15m (Vumanchu cipher b)
Not Financial advice. DYOR. Papertrade before using real money.
If you like this idea, please comment, give a thumbs up and follow for more ideas like these.
Safe trading guys!
Shawn
How To Analyze Any Chart From Scratch - Episode 6Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Today we are going to go over a practical example on USDCAD, but you can apply the same logic / strategy on any instrument.
Feel free to ask questions or request any instrument for the next episode.
You can find the previous episodes below "Related Ideas"
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
July 22' Sugar Futures Fibonacci Retracement Technical AnalysisDrawing a Fibonacci Retracement from the low of 17.36 made on Feb 3, to the high of 20.46 made on April 13, we have retraced 61.8% of the up move. 18.54 is that level, which was also the low of the day yesterday, May 4, 2022.
This is the line in the sand for bulls, but considering it held, and we are about to poke our head out above the Ichimoku Cloud, the odds are in their favor. 18.44 was the low of the day Mar 16, and a close below this level can take the market south to the ~18.00 level. Longs have a good risk/reward trade here, with stop levels positioned below 18.44.
Futures trading involves a substantial risk of loss and may not be suitable for all investors. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.






















