#BTCUSD #Bybit #Tommy
- Here is Bitcoin 1hr. After breaking the bottom of the black channel, as I have mentioned yesterday on my channel, it bounced at the 9320 support area.
- After that it is currently retesting the bottom of the black channel.
- As I have had briefed, the major resistance area sits at 9670~9730 and 9800~9880.
- The trading setup below is the...
#tommy
- Here is BTC 1hr. Currently it just broke the black down channel above and at the same time it's being resisted by the purple down trendline.
- Within 6 hours, if BTC goes through some correction, 8840~8890 would be a good area to enter long.
- If we BTC gets to make higher high, we can expect some major resistance at 8090~9190.
- On the other hand, if...
#BTCUSD #Bybit #1HR #Tommy
- Here is BTCUSD 1hr. Right now top of the red parallel channel is acting as a major resistance, or the down trendline.
- In a short term perspective, 8750~8810 where the recent side way volumes are located, it also acting as a resistance if Bitcoin can break this area above, we can expect some bullish waves.
- If Bitcoin breaks the...
- US dollar currency index is pretty bearish today. This means that other currency paired with dollar (Such as GMP/USD, JPY/USD, EUR/USD, AUD/USD, CAD/USD) is likely to be bullish today.
- It bounced around the bottome of the red channel. If channel fails to support, much more correction might be expected
- Some major supports to consider: 99.75, 99.61, 99.50
#CrudeOil #Tommy ***
- Here is crude oil 1hr. Currently in a short term perspective, we highly need to monitor the orange down trendline and the green upward channel.
- If bottom of the green channel fails to support, we can expect some correction. On the other hand, if it breaks the orange upward trendline above, we might expect some bullish momentum.
-...
#NASDAQ #NQ1! #Tommy ****
- Here is NASDAQ daily. It’s been recently forming a rising wedge making higher highs.
- This means that if it breaks the wedge below (or bottom of the green channel) we can expect some correction phase.
- A significant bearish divergence signal at daily RSI has not been shown yet. The RSI resistances are 73.6 and 80.5.
- Most probable...
#APPLE #NASDAQ #Tommy
- Here is my technical analysis for Apple daily chart. Similar to the NASDAQ chart, the uptrend momentum has retraced more than 0.886 retracement level of the corrective wave structure that was caused by the COVID19 FUD.
- Apple has recently broken the red upward trendline below and a is being resisted within its retest area after.
- It is...
