I noticed a trend that kept repeating in every cycle with high accuracy. There seems to be a support trend-line during bull markets, and if we extend this line to the next cycle, it always predicts where Bitcoin will top (By the end of the cycle). Assuming this cycle ends in November 2025, Bitcoin peak between $250,000 and $270.000. I also acknowledge that...
AMEX:SPY has broken above the April trendline as it sits below monthly support/resistance levels. Note : there is a new gap to fill below from fridays significant gap up at open. Question : Can someone tell me if that is a bullish doji star?
RNDR wicked perfectly to my downside target which was the prior cycle high. A strong reversal is noted and almost back to the momentum trend line. The weekly stockastic RSI is starting to point upwards signaling a macro reversal. I still plan to hold my bags until 20$ and sell 25% there. We still need to retake the green fib which is about 11.5$.
As I said before, I believe we're in an exciting time. We're seeing our first sign of early growth following post halving. BTC has broken the 1HR Trend Resistance and it may soon retest it as support. If it does test and hold we can be poised for a continued run to the upside. It's already broken a Key Weekly Level on Friday and it's possible that it could surpass...
Unlike ES and NQ, YM is not trading above it's respective highs which is $38,958 and barely closed in a premium indicating weakness. Sitting on my hands awaiting more information.
Bitcoin is oversold on time-frames below 6W and overbought on 1D. This means the current move up is a minor reaction on Intermediate correction. I think the price will spike the ATH once again, but the probability price go significantly higher ATH is lower than vice-versa. Maybe around 85k. The price action usually is moving in a channel boundaries. You can see...
Divergence in H4 OB, possible chartist pattern break
Price rebalanced the FVG and inversed the FVG and the Breaker confluence. In the COT we can see that big players were decreasing their long while the price was moving up = profit taking. While they are building their shorts. NFP was used for the final Smart money reversal. I will be now expecting the price to go down in the 2 phases. Which will be perfect for...
Having swept out the buy side liquidity am looking for short term perspective after price creating a massive displacement followed by a fvg
CRYPTOCAP:SOL struggled to mantain one of it's main support and brokedown from there. Luckily as a hope for bulls, the price bounced from an horizontal support/neckline at around the 117usd mark and is now back in the trendline looking to be back on trend. Failing to do so could push the price down to retest the horizontal support and probably make the price...
Palantir reached higher high but now a down move is coming heading to the bottom of green channel First target will be around 22$ where a bounce can happen
FX:EURUSD is facing strong support at 1.0600. A rebound and counter-trend correction within the downtrend is forming. Traders are waiting for Friday's NFP Globally, the currency pair is in a bear market phase. There is a strong struggle for the 1.0700 area, especially ahead of Non Farm Payrolls, which may determine the medium-term outlook. Traders expect the...
FX:XAUUSD decreases volatility, smoothly moving into a consolidation phase before the publication of NFP. The market structure is bearish and the overall fundamentals are negative. What should we wait for? Today is quite a busy news day, but all attention is focused on NFP. The gold market is locally bearish and set for further decline. Breakout of 2295 and...
price areas to watch for going into may, key areas like psy lows first week lows and high major areas of support and resistance
Hey, Friends! This is ESS team. Let's check the ONTUSDT. If it is supported by the GREEN uptrend line, We expect that candle breaks through the RED long-term downtrend line. After the break, It will reach the PURPLE downtrend line, and if it is supported by the long-term downtrend line, It is expected to go the orange uptrend line.
Hello, guys. This is ESS team. This is SUIUSDT chart. If it is supported by the GREEN uptrend line, It'll reach the PURPLE downtrend line. If it isn't supported by the GREEN uptrend line, It'll try again after consolidation from the ORANGE uptrend line.
The accumulation phase will end with the break of the resistance zone at $10.72 to $11.39 and the strong upward movement will begin. TPs: $16.5 $28 $41 $120 Good luck!
On April 26, 2024, The weekly chart of NASDAQ:NDX shows a weekly recovery from the MA-30 week. NASDAQ:NDX closed near the weekly high which is encouraging. The current close is right near the resistance 17,780 which was broken during the week April 15-19. Looking closer at the daily chart we can see that the resistance is at the same level with both...