On the daily chart of UPS shares, the instrument is moving in a steady bearish trend. The Subwave structure shows us that the 5th wave should take place. Thus, I`m going short on the bearish push signal breakdown. Trade levels are displayed on the chart.
And so, volatility is currently minimal.
Now we see the minimum trading volume, I have the impression that the market is waiting for something
But at the moment, I see no signals for changing the current trading range.
Based on this, a good idea is to trade from the boundaries of the trading range
We are waiting for an increase in volumes, I think it will be a ...
mr. elliot, can i ride ur wave?
shout out to quavo https://open.spotify.com/track/2bjwRfXMk4uRgOD9IBYl9h?si=UK87eYV-Sp2NPaLkMady3Q
dont ever let them ride yo wave
so we got some memes on this chart, shout out to @tonevays, beast TD indicator god tybg
we got no higher high on the 6 7 candle sequence, lets see if we dump past this red 1 otherwise ...
An interesting moment in which the triangle closes and the price should go up or down. In the textbooks it says that in a descending triangle, the price has to collapse, but will it happen?
Unfortunately, I do not have mantic abilities. But what I have seen over the years at BTC does not happen this scenario for the first time. I compare between 2014 and today ...
Eruption means here going high fast then plunging down. That's what I think has started to occur. Another eruption may occur also at any time (the second quake), but that is still really hypothetical so let the "price" "lava" falls down fist. (blablabla)
This is a very special analysis this time for 2 reasons. I'm doing my analysis on a 1-HOUR chart and
It looks like we are falling on an upward trendline. if it holds it may be a good long. I would wait until after the New York session to see if price pushes through or holds. if possible, enter around 111.696, Place stop at 110.922 Target 113.693.
Happy trading, Like and subscribe!
Price is above SMA 100 which is about to cross SMA 200 - bullish signal.
Short-term target 0,75$ with retrace then to 0,65$ levels.
Supports - 0,58$ and 0,48$ which can be used as stop losses.
Happy trade :)
Very important level for Bitcoin, making higher low, and close to the decision point.
Price rejected the 6550$ area and formed symmetrical triangle with support area of 6100$.
Waiting at this moment for price action - 50% up/50% down, so far the price has showed poor performance and still under SMA 200 so bulls need to show their serious balls.
Based on my analysis :
Since September 14th we've entered a channel, and exiting it will mark the real direction the market will go.
I'm seeing the bulls power is "sanding" a bit. What is sure, for me, there is too many uncertainties right now to take action. The UP move is a bit compromised as it is now.
Also, I've seen 2 of my support levels (violet lines) are ...
BTGUSD Next Short Set-Up from Here
The wider spread compared to BCHUSD has seen
volume shrink away on this pair and swell on BCH.
But it's still a good shorting vehicle nevertheless. It halved
from 26 to 13 in a matter of days for example.
"No coin is ever too low to sell" - to update a W D Gann quote
for the 21st century.
The downtrend is still strong here ...
This has been a good short through most of August, down 20%+
from the 542 break level to 426 now.
There was a second chance to short again from the lower
green arrow as it broke the continuation pattern at 46 which
has yielded close to 10% this week.
But it's making a little double bottom here and the near term
downside target has been touched ...