Hello, everyone! As you know from my previous analysis I am waiting for the local pump for BTC because of the accumulation on the 1h timeframe, but the bear market is not over yet in my opinion. I can use the wave theory as the evidence of my idea. I wrote 2-3 months ago that the Bitcoin is in the global corrective wave 4 which is represented as the ABC flat...
BINGX:LUNAUSDT and BINANCE:C98USDTPERP might go up if they break yesterdays high volume high, the same way peopleusdt rallied on high volume. The most profitable strategy for such high volume pumps i found is entering above prior days high and exiting after one day. Anyway a relative volume over 1 on the scanner triggers such rare setups...
ES1! SPX500USD 2022 MAY 23 Week Last week's retracement went beyond 4056, as demand came in to support the market. Nonetheless short on retracement was good. This tells us the importance of waiting for price reaction at the levels. Possible Scenarios: 1) Test and reject at supply line of channel for short 2) Market rotate between 3855-4091 as demand &...
US30USD YM1! DOW 2022 MAY 23 Week Last week scenario2 test and reject short was good. Play scenarios mapped out: 1) Test and reject 32167 or supply line of channel for short 2) If market reaches 29523, wait for price reaction as it was previous resistance turned support Price reaction levels Short on Test and Reject | Long on Test and Accept 36446 ...
NAS100 USD NQ1! NASDAQ 2022 May 23 week Last week Scenario 1 was good. Market going into previous demand zone. If 11068 is reached, wait for price reaction as there was where the previous test and acceptance of uptrend price level was. Possible scenarios 1) Test and reject of 12543 / supply line for continuation of short 2) Test and Reject 12110 3) Market...
If it plays out in both price action and volume, these could be good long entries.
CMP: 149.60 Energy sector seems good Double-Bottom Pattern Trading above POC=146 Resistance: 150.90 Target: 160
This is my prediction about the market Working on this analysis is far from dangerous
- If you change your chart to a LOG scale, you can clearly see a huge bullish flag on the weekly chart! - It can also be a falling wedge, which is ofcourse generally a bullish pattern too. - Next target is all time high, here we can expect some pullbacks again. - Buy a breakout above local weekly high (0.18 USDT). - As you can see - volume looks good, no bearish...
This is a longterm analysis of a possible 3 year outlook for VET/USD using the 1 week chart. Here is a closer look at this VET/USD 1 week Chart. On this 1 week timeframe, VET has been back above its Least Squares Moving Average (LSMA) since the week of 7th March 2022. Note that a weekly close ABOVE the LSMA is considered a BUY SIGNAL for this indicator. VET...
BYBIT:SOLUSDT Solana has been trading in a parallel channel since the 18th of May 22 and I continue my idea from yesterday that trading between the value area low, POC and daily level presents long and short opportunities if you are a scalper. In today's video I present a plan to long when price shows strength at the Value area low for the current range Not...
Hello, everyone! There are a lot of fear on the all markets: traditional and crypto. I heard a lot of opinions that the Bitcoin is going to crash to $20k very soon. It looks like that most of traders capitulated and now wanted the price to go lower to buy. But this is how the market takes our money. Yesterday I told you that it is not the time to wait for the...
Looking at the Trend-Base Fib Extension we can see that BTC found some support from its 0.5 Fib Level at $30,329. If this support level fails then the next Fib Levels are 0.618 at $26,100 and 0.786 at $20,077. Looking at the Bollinger Bands, we can see that BTC is still way below its Bollinger Bands Middle Band Basis 20 Period SMA on this 1 week timeframe. Note...
Right now the Nasdaq is at a very important area on my charts. We just came off another failed attempt of regaining the 200 Day Moving Average and now we are back to the VWAP from the opening day of the year and the VWAP from the low of the year. Both VWAP's are trading right around 14,550. I think that VWAP's from the open of the year and the low of the year...
We suppose this volume as a fake volume ✔️ and we expect to see more range market and correction for the price ❌🧨 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
elliott wave analysis of bitcon on daily timeframe looking at the chart there could be a possible zigzag formation (5-3-5 structure), labeled with red ABC on the chart currently, in lower degree abc correction is in play and wave B on higher timeframe. depending on abc formation, here is what to be expected - if abc is forming zigzag formation then we may...
- eCash is turning bullish, right now the coin is breaking out of the bullish rectangle. - On the daily chart we can spot a double bottom reversal pattern + trendline breakout. - Profit target is previous all time high. - The neckline is breaking out and volume favors bulls.
ARKK - The bearish sentiment and hate against miss Cathie Wood is pretty strong as her flagship ARKK fund has gone from a high of $160 to low $35 this past week, nearly erasing ALL gains and now total 5 year return in line with the market at 13.8%. If you're a contrarian, you love the idea of going long here. I prefer technical and price action which as of now I...