Hello Traders, here is my analysis for ETHUSD. To start, if you follow my posts you may notice that the TA for ETH looks somewhat similar to BTC... However there is one major difference. - BTC is currently trading within the "Parallel Channel" while ETH broke below and has yet to break above it's "Parallel Channel". - The reason this matters is because this mean...
Hello Traders, here is my analysis for BTCUSD. Finally BTC broke out of the sideways formation that it has been trading in for the past several weeks. I didn't bother making a post over the past few days being as there hadn't been any change, but now that we've got some action it's time to prepare for our take profit levels... One question we need to answer...
Welcome to this quick CHR/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Reason for trade:- CHR/USDT looks bullish and buys the green zone and targets 65%. CHR/USDT LONG TRADE SETUP Entry:-$0.2176,$0.2230 Traget:- 65% Stoploss:- $0.2024 leverage:-5x To 10x Remember:-This is not a piece of financial advice. All investment...
Price Rejected a key level of support and has been retracing. As you can see price has been creating higher lows and respecting the current trend. In the short term we could see more bullish momentum leading into this week. This week is PMI and NFP news so this could have an impact on price. It is important to keep in mind that the overall trend on the HTF...
We finally have a rejection of our sell zone This should be a downtrend on H1. It's still possible to see moves higher inside of the zone but a breakout below 1,0640 will confirm the reversal. The first target will be 1,0543 and then eventually 1,0365!
Hello Traders, here is my analysis for BTCUSD. Another day has past and really nothing has changed with BTC over the past 24 hours. BTC is still trading within the same range that I spoke about in my post yesterday, so the same technical analysis still applies. **There has been one new development to keep an eye on, and that is the triangle formation that BTC...
Watch the break of the long trendline. If the price breaks out, short with sl & tp indicated
Hello Traders, here is my analysis for BTCUSD. As you can see not much has changed since my last BTC post, BTC has basically been trading in the same sideways formation for the past 2 weeks. There hasn't been much to update given this sideways price action but I wanted to give you all the target levels depending on which way BTC breaks... - One positive thing to...
NAS100 left huge imbalance in our Point of Interest. Currently in a buy as 15M broke structure to confirm our countertrend. Will be buying up to our POI are and wait for 5M/15M break of structure. Alerts at the beginning of blue box, will be patient and wait for price to enter our area before placing a sell. Will update once we are in our area!
USDJPY has broken structure on 15M / 30M timeframe. Likely that we get retracement in previous institutional area that aligns with fibonacci snipe zone. Buying up to sell position by following the trend
Triangle form for either long or short opportunities. Watch for the breakout of it to short
From my perspective it can go like this and consolidate here. Let's press play after awhile and see how it plays out. Three trades.
Hello Traders, here's an educational post about how to trade Supply & Demand Zones. First off I would like to say... I highly recommend that you watch some youtube videos on this topic. I can only cover so much in one post and you will have a much better understanding of these zones after watching some videos. Either way Supply & Demand zones are one of the most...
Yesterday we had a big sell off, I had it market that we would visit our Key Support at 3976.50-3971.50 and if selling is strong then can see lower levels as well, did not expect to that much but we got what we got. Today we are set to open on a gap down and below T+2 low of Tuesday. Currently inventory is short and we found some buyers before our swing low and...
Hello Traders, here is my analysis for BTCUSD. Before I start I want to mention that the stock market had a terrible day today. For Walmart it was the worst day since I believe the 1980's, for the Nasdaq the worst in a couple years. BTC is currently closely correlated to the Nasdaq. So even if BTC looks strong from a technical standpoint but the Nasdaq has a bad...
Hello Traders! Here is my analysis for BTCUSD. First off just to update everyone, I was out of town for a wedding this past week which is why I didn't post. I'm home now so I will be back to my regular posting schedule! Alright on to the analysis... Bitcoin has been holding up nicely over the past several days, finally showing signs of consolidation. - What this...
If it can not go up, it will go down :) short it IMO
sos looks to be giving one of the best buying opportunity atm if we break the down trend and hit the first target you could make a great return