Bitcoin is pumping today as the market attempts to price in a positive outcome to the talks.
During this timeframe, the conditions of the pattern and the price movement are such that they indicate the possibility of a rise in the coming days, and we can enter if it returns to around $ 37,000. Other cryptocurrencies can also start their uptrend with the positive movement of Bitcoin.
This is a great buy zone for token #xrpusd The milestones are on the chart
BTC, crypto and global markets give a good bounce in the last 24 hours after Biden's conference last night, as well as no more negative news from the Russia/Ukraine crisis. Must watch the crisis very closes as any news will affect BTC price. FED interest rate is another factor that can create speculation in the market. On chart we can see BTC broke the downtrend...
BTC has held above critical support and overall crypto has remained surprisingly strong. Is this a good sign of things to come?
Opening up a short position near the cloud was a risk and if I had not identified the cloud I wouldn't have pulled my SL. Thankfully I did adding more contracts in the cloud which is working out but to be honest was a dumb idea. The reason being was BTCs leg down was predictable as the cloud moved down on the daily and some of the divergences were pointing that...
$BTC CME GAP Update As We Can See In The Chart Above, It's Finally Filled The CME Gap (40935$ - 41420$) In 4 Hour Chart 📊.... Now, $40K Is The Key Level, So, Keep Eyes On It 👀
The best decision at this point is to either reduce your trading volume or exit. Enter if a 4-hour candle can break $ 45,000. Otherwise, enter the $ 40,000 range if it falls.
Based on trend plus the support/resistance levels this is what felt had the higher likelihood of happening
I tried to briefly describe this situation. Formation in the form of a cup, or a decrease in price through a descending channel. At this time, in the short term, you can look for patterns in the short, because the candlestick analysis indicates the average weakness of the buyer. Given the structure of the market, you need to slightly reset the long positions,...
You can join me in this trade and let's see how it goes.. Avax is doing well... The entries are good I think.
Talking about very choppy major FX pairs yesterday and how MSPro looks for opportunities in choppy markets. Also working on a 3rd strategy which is a reversal with fixed ATR TP + risk management rules.
$BTC (Update) BTC Finally BrokeOut The Parallel Channel, And Holding Above $41K📈, In Small Time Frame i.e, H4.... In First Case, If BTC Hold Above $41K, It Can Lead To $43500 - $45900 (Bullish Continuation).... In Second Case, If BTC BreakDown The Current Support i.e, $41K, We Can Expect A Small PullBack Around $40K - $39K With Possible Wick Till $38K📉....
We are currently above the 3 monthly pivots. In order to confirm we are reversing the trend, at least for the short term, we need to confirm the top pivot as support. Going below the pivots could potentially invalidate the trend reversal. The current candle is the most bullish thing we have seen in the past 3 months 100% The next target is 46K which is the...
Starting with the weekly we can see that the price has managed to pierce the Kumo cloud and is now retesting it with a low volume candle. The fact that we managed to pierce right through a moderately thick kumo on the down side would mean that we can do it on the upside aswell but for the time being this doesn’t seem to come even close to be true. We are at the...
Good Afternoon people... Hope you all had a good weekend Here is an update for the recently posted USDCAD Technical Analysis ... The Buy-Order was triggered @50% FIB of the Pin-Bar Currently trading @1.260 zone - This being my initial target for a 2:1 profit. This being marked out on the updated chart as a relatively new resistance level. With a...
Good evening people… If you have been following my initial trade idea for the USDCAD on the Daily chart Then you will be basking in the joys of the progression of this particular trade. It’s been just over a week since the initial idea was posted and we are currently at a 4:1 profit Backing up my reasons for keeping the Target Profit afar when the trade is...
I’ll link my other rookie analysis on here so you can see how that’s been working for me so far thanks