Hello Lads and Ladies, Today we are looking into WINGSBTC. As we look at the chart it has been in a downtrend since the begging of the year. Although, it had multiple daily breakouts of +50%, it has come to the end of the downtrend and is testing its support and downtrend resistance line. Should it not break the downtrend resistance, then it will fall down to the...
I am a complete new beginner learning charts and just playing around. Currently reading up on TA with the holy bible of John J Murphys TA book.
Very neutral, not in a position at all. testing something out and observing price. Yellow line indicated a stop raid, and liquidity pool at higher levels. Strong reaction off a weekly orderblock, and a nice bounce off OTE
BTCUSD is actually testing 7800 support levels, where is a low volume node as well. If there is no further strong interest from market makers, we can finally turn into bullish trend in following days. Buy: 7800-7900 Stop Loss: 7400 Profit: 8900
Inverse H&S playing out. Definitely headed for a test of that downtrend line. Bullish.
After multiple tests of resistance, it looks as if OXB is going to break 11p and move higher
Mini bearflag broke down perfectly, and hit my target. It wicked below it quickly but support ended up holding until it bounced and came right back in. If where we are currently at 8770 doesn't hold and 8k is our next spot of good support. Buy volume is not looking that strong, 6k is totally possible in the short term. We may just need to visit and test that...
The red dashed down trendline, which is also the upper borderline of the channel, is of the past. The price of Bitcoin is above that important trendline. Resistance R1 at 10902 was also tested, but could not yet be sustainably overcome. I expect a retracement and another test of the red dashed down trendline. The double support of the red dashed down trendline and...
Bitcoin. Clock-Work 05:53 est another 01:00 gmt low, another at 06:00gmt. And high at 10:00 - right on the upper parallel where longs who bought at 6am have closed out for 450 points - day's work done. Now has to climb above the upper paralle and hold there on retest once broken to turn back to bullish again from here. Unlikely in very nearterm but it's...
NETFLIX NFLX Testing the target range at 248-245 so closing this short out for 13 points or so profit. Only looking for next short here is the gap starts to give way and it breaks below 243 looking for a move back down to 227 at least and if this level fails to hold up back to 203 where will look to reverse long again if struck.
In my previous post i play big attention to one area "X".
DXY Dollar Index DXY is testing critical supprt at 93.04 which must continue to hold to avoid a further substantial fall to 92.74 at first, and then, after a mild bounce back to 92.55-92.50 range. Looking a little further out, the 92.50 level represents major support for the medium term. Should this level fail to hold at any point over the coming week it...
ETHUSD At the top of its tree in near term Although ETH has struggled for a large part of the last 30 days, it has now doubled from a low at 313 to today's high at 626. Not bad for a straggler. But it's probably at its upside limits in the near term here and needs to consolidate some more below the upper parallel before it can go again. May well hammer out a...
Brent Crude Oil UKOIL Brent recently broke the long term parallels that had carried it faithfully within its force ever since the lows at 44. Now it's almost exactly 50% higher, with a new high set at 65.70. We were short on the break below the parallel and then closed out around 61.15 for around 90 pips profit. Good thing we did. Bad thing we didn't go...
According to my limited knowledge of Time@Mode, Eth/Usd has now broken out of an 8 weeks consolidation period and may rise to a target around 500 Usd within 8 weeks. Stop below 296 Usd.