hello every body . hope you all having a good day ok lets start analysis .today we have a big news ahead . we had a good rest and yesterday night we broke one of our resistance as i said before(check out my previous ideas) . as you can see in the chart we have 4 important things . 1. accumulation zone that we are in it 2. static resistance that we have in 21 850...
Hello community. Latest week market made me bored. Current market state is not about long investments, is about short-term trades. Why ZEC is my choice? Growing volumes Local low price zone On current market, I most prefer coins with high stop loss position, and ZEC today is one of them. Follow me, and Happy New Year!
After the yesterday's post for BTC, I would like to add another one based on Volume Analyses. I'm using two indicators: Trading Volume and Chaikin Money Flow (CMF). BTC has been moving in a descending channel since October 2021 where the bear market had started. The downtrend is supported by continuously increasing (selling) volume. In the same time, the CMF...
EGLD is still in consolidation between the longterm trendline and the EMA 50D. Volume indicator MFI has been almost broken the resistance and so does OBV. If break-out happens (likely), ELGD will have a good chance to reach november 2022 level (i.e +50%). A referenced SL would be below the EMA 50D ($38.7).
Lower TP as i think it will just pump a bit then rug a lot. Dont expect it to hit 400%
SOL has just broken its trenline, on 4H TF. Volume indicator MFI had broken also its support. Selling pressure can increase faster. If BTC goes sideline or becomes weaker, SOL would go deeper. A reasonable target would be the EMA 50D ($16.44). If things are worse for crypto in the next days, we could think about the second target ($12.78). This trade is...
AUDNZD After being in the uptrend, it broke the resistance from the up trend and is heading towards the support at the price of 1.065 The price is in a position with high volume node, also at the support at 1.065 is volume, and I think it will break the support as well. On weekly chart the price is bearish, which can count the same for another week.
GBPUSD Has reached the point of resistenza. Usd Still is strong because DXY goes up. The sellers have responded positively to the structure at the price of 1.2420/1.2450 My opinion is that it will reach the price of 1.2280. From there it can form a UPTREND and break the resistance zone from 1.2420/1.2450, or go lower and lower to the price of 1.2120. Like and...
#ENJUSD -See the important defense zones. -Red colors for sale zones. -Green colors for purchase zones. *Breakout of the region with confirmations initiates a countertrend of the indicated zones.
EURNZD It reached a strong point of resistance where it was rejected, which confirms a strong resistance. The volume looks like it attracts sellers It would be a better time to enter at the price of 1.6886/1.6878 Likes and comments if you want more trading setup. Thank you!
A potential bearish continuation pattern is forming on the 4-hour chart around last week’s VPOC (volume point of control). RSI (14) produced a bearish divergence ahead of the selloff and remains below 50 to show negative momentum overall. Prices remain beneath the weekly and pivot point and monthly R1, so now seeking evidence of a swing high beneath those levels...
A triangle is forming and it is expected to break down and reach the support areas
Volatility was high during the Asian and US session yesterday, which saw a reversal of fortunes for the Japanese yen and the US dollar track Wall Street lower by the close on concerns the US is already in a recession. The yen originally weakened and sent USD/JPY over 250 pips higher as the BOJ did absolutely nothing, catching pre-emptive hawkish bets off guard....
Khepri, Ra, the morning sun. A never ending cycle of death and rebirth. The Bitcoin weekly candle is a deep Evening Star showing bearish continuation. Ashes to ashes. Like clockwork, the morning star will rise again. Rebirth.
I believe that we will see a final decline in the German Stock Exchange index, in order to complete the expanding triangle, which is wave 4
The first appearance of negative signs.. a head and two shoulder
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