Some insightsCryptos are in one of their best moments, as they are getting the attention of the whole world, and that means that markets get volatile, if we get to manage that risk efficiently, we could achieve our financial goals.
This analysis is self-explanatory, even though, we can cleary see that this downward trend started with a pattern of change, Shoulder-Head-Shoulder, from there, we lived a 15+ days of continuous bearish days, until we hit the last resistance ( with prices greatly down the 200SMA) we could see a not that cleary wyckoff accumulation pattern. This pattern confirmed itself with a few test and springs, but the great confirmation was the breaking of the triangle(support and resistance) of the last month.
During this time, prices started recovering, and creating new resistances that are worth maintaining during the next few trends.
I hope this helps you get a different view of the current situation.
Hope you have a great day!!
Test
Indicator TutorialSymbol: NASDAQ:NVAX
Indicators
Upper: Delta Volume
On Chart: ALMA x2
Lower: Laguerre RSI
Comments
1. Look at the Large Volume Imbalance and how the price trended after.
2. The widening separation of our Moving Averages.
3. Bottom Indicator Showed Bearish Trend Continuation...
Option Choices
1. Sell Covered Call (Collect Credit)
2. Buy Put (Pay Debit)
3. Sell Call Credit Spread.
4. Buy Put Debit Spread.
USD/CAD - Out of the WedgeHi all. I am new & trying to self teach on analysis, etc., so any help/advice would be much appreciated!
My analysis on this 1D chart for USD/CAD looks at the possibility of a break out of the descending wedge pattern we have been in since the first quarter of 2020.
We have just seen a bull flag lead to a third tap on the resistance of the overall channel lines. I identify these two events as indicators of a break out of the descending wedge.
I have accounted for an expected retrace to test the resistance line, which would turn to support, before properly impulsing bullishly. It is at this point of retrace where I would look to enter the position, with a stop loss of just below where the bull flag's support is.
I also believe that this will be a large move, with plenty of opportunity to scale in - helping to maximise profits.
Please let me know your thoughts. Any comments will be taken on board, as I try to learn further and progress from experienced traders.
ETHUSD in Wyckoff This is a Wyckoff based analysis.
As we can see in the cart, prices have been fluctuating between two channels, a great and a smaller one, both showed in the chart as the support and resistance lines in grey and blue.
We saw a clear stop, then a downtrend propelled by decreasing volume and a later spring that was tested two times, this shows us that it has a lot more relevance than we thought as the SMA's were crossing down.
Since the later test we could trace a trend line, that prices has not been breaking ( clear demand pushing prices up ) but in between these events, prices ran up to all time new highs, with just the same volume, as the spring we saw before; not a clear sign of strength, in that exact moment, SMA crossed up but just for a few periods until now, were we can see demand pushing prices up, but SMA making enough resistance to keep prices fluctuating between the bands.
I hope this idea was useful.
If so, have a great day!
WINUSDT - WINUSDT - Fib Retracements (Am I doing it right?)**THIS IS NOT A FINANCIAL ADVICE - I AM STILL LEARNING **
This is my first time analyzing. I used Fibonacci Retracements to predict support levels and next targets.
I just need valuable feedback to let me know if I'm doing it right or not. and why not, please :)
Thanks
DOGECOIN TO THE MOON! ELON MUSK TWEET JUST CAME OUT🚀dogecoin has recently become more difficult to do, so a lot has been sold. This is very unfortunate but this is easily fixed again. I expect he could possibly touch the $ 0.40 in 24 hours and the $ 0.50 in 48 hours. Dogecoin is literally going to the moon but everyone has to cooperate. I want to thank everyone who has a dogecoin and we will definitely see an increase on dogecoin these coming days. For anyone new to dogecoin pay attention to Elon musk's twitter. In addition, mark cuban also his twitter! snoop dogg is also interested in the Dogecoin. this is all very good for the coin, so the rise keeps going on and on. I expect good things this evening so make sure you are there on time! I wish everyone the best of luck and we are going 100% to the moon. I am very happy with the dogecoin, this gives a good chance to people who are new to dogecoin but also to people who can spend less money within crypto.
LONG TERM 100%+ TIME TO BUY🚀It's time to buy from POLYMATH. This is my analysis on POLYMATH, I personally think it can achieve more than 100% in the long term. You have to be patient and wait for the right time. I expect it to rise 50% within this month. I see a lot of potential within POLYMATH because it has to rebuild itself since it has been low for a long time. Now that I've seen it up 100% between February and March. I expect that he may still be able to reach the 300% before the summer! I am very convinced about this crypto myself.
I am new to crypto so if you have any tips for me, please let me know.
I like to share my analysis, so thank you for viewing the analysis.
I wish everyone a good day and good luck trading today!
[STATUS] BUY NOW! %100 AND MAYBE EVEN MORE, MUTCH POTENTIAL! I have been following STATUS for a while and I see that there is a lot of potential in it.
There is a good chance that it will go up 100%.
I would advise buying soon. Because I expect it to rise very high.
I am new myself so comments are always welcome as long as they help me.
I hope you liked my advice and if you have any questions please let me know.
I wish everyone a good day and I hope I have been useful.
Have a nice trading day!
My first idea about SOS [First time]SIOS I think SOS can still work itself up. This is my first time sharing an idea with the rest because I am quite new to trading. If you have tips for me, or can improve me, that always seems nice. I've been watching SOS for a while now and I expect him to hit the $ 7.00 again this month. Thank you for viewing my idea and I wish you a good trading day.
Gold testing 1728-1714 (back in limbo)Gold has found its way back inside my liquid box (1740-1733)
As gold failed to close over 1760 we now test some limbo lows of 1728-1714 levels in lewd of possible bottoms sub 1700.
this is simply a test as it perfectly rolled off my 1738 Q1 support line.
**Invalid if close above 1740.8**
under 1726 look for 1704 levels*
GBP/JPY - Simple Daily StructureWhy have we been looking for long positions on GJ for the past few weeks and months you ask?
Well, on the daily chart we can clearly see we have resided in an Ascending channel for some time now. However, we have now rallied up to the top of our ascending channel with a third touch.
You can see some key levels marked in on the right hand side. These are key levels on the lower time frames that we have been using to take long setups on the pair.
Where will price head next? We are right at the top of the range for this pair.
See our related idea for some long positions on this pair!






















