BINANCE:LINKUSDT.P Comment I posted an idea for a level breakout on October 31, 2023, but that day, there was no actual breakout. Instead, a false breakout occurred, indicating a struggle around the level. Some are not willing for prices to go up, while others want it to. Although I understood that the level would eventually be broken, I couldn't precisely...
BINANCE:TOMOUSDT.P You should only consider opening a trade if the 4-hour candlestick closes near the level where the candle closed on October 27, 2023, at 20:00. Otherwise, I don't recommend it. Signals for level breakout bar/candles closure near the level; bar/candles closure near its high/low; close retest of the level; the instrument gradually...
OANDA:XAUUSD has been exhibiting a strong uptrend over the past several weeks, but recent price action on the weekly chart suggests the possibility of a pullback in the near term. Traders and investors should be aware of the potential reversal or correction in this currency pair. Possible Scenarios: Moderate Pullback : Traders may see a moderate pullback...
Hi traders! You can consider buying if the buyer protects the hourly level of 35086.57, the daily levels of 33390.95 and 31804.2 (associated with exiting the sideways market) and the medium-term support level for the long-term trend at 24800. As for selling, there is currently no context. Take note of the 10D timeframe. After breaking out of the...
Range Breakout(1510-1765) with a higher relative volume bar on daily time frame. Upside Targets will be the levels above 1765-1775 as shown in the chart
BINANCE:APEUSDT.P Comment Overall, on the chart, we can observe a situation that has been unfolding for the past 10 days, and in my opinion, these 10 days represent an accumulation of energy for a level breakout. Of particular note are the last two days when the instrument closed very close to the level, and during the following day, there was an attempt to...
There is a potential for a short term SHORT trade on BTC/USDT. If todays bar closes < 34.7k (~3.5 hours till close) there is potential for a short. There are two target zones: Yellow zone, this is the most likely zone it may dump to between 32.5 and 32.8k White zone, between 30.3k and 31.8k, this may happen if the lower level of 32.5k in the Yellow zone fails...
Upon analyzing the market, it has been observed that the higher time frame indicates a potential bullish continuation. However, upon inspecting the daily chart, it is evident that there has been a shift in momentum and a possible takeover by the buyers in the long term. In the 4-hour chart, the previous order block (OB) was tested, leading to a break of...
It is clear that it is walking in a transverse direction for a long period, and this transverse direction came after a large discharge, and this indicates that the transverse direction is also for discharge and not for aggregation, and another severe decline is expected for it to end its downward cycle
It is possible that we are in a downward wave 4, and it has been moving horizontally for a long time, and all of this is a drain for the next drop in the shaded area. Note.. The scenario fails if it closes higher than the area 9.7 usdt
There is nothing new in my previous analysis and my point of view is from Dec 22, 2022 and the same negative view remains for me that this currency is heading to the shaded area below.. Please clarify that I am helping you with my point of view, which may be right or wrong, and see my previous analyzes of many currencies and forex in order to judge the owner of...
It is expected to drop to the first shaded area, from which we will see whether it is satisfied or wants to fall to the second shaded area as a second support
It made a large downward wave A, then made three occasional waves B, and began to show signs of weakness, and then another five large downward waves, C, began to fall.
Snap has struggled since growth stocks started crumbling two years ago, but now some traders may see chances of a recovery. The first pattern on today’s chart is the potential basing pattern that began in August. Its bottom was slightly above the May trough. That could suggest that selling pressure is waning in the social-media stock. Second are the pair of...
After earnings TSLA is trapped under the 200 Daily SMA. While the RSI is flashing oversold levels, a short-term bounce might be expected. Under the 200$ level there is a confluence of important Fibs, as well as the vPOC. I am a long-term buyer between 185 and 195$.
Trading the rising wedge pattern can be challenging as it is typically a bearish reversal pattern. It consists of two converging trendlines, with the upper trendline being steeper than the lower one. The price moves within this wedge formation, creating higher highs and higher lows. While trading this pattern, it is crucial to exercise caution and wait for your...
Todays move brings NYSE:SHOP above its 50, 100, and 200 moving averages. Note how perfectly price action moved in between volume weighted average price anchored to the May gap up, July high, and August low. A pullback to put in support at 53.94 (the 0.382 of the most recent retrace) would make me comfortable with further continuation. This would line up with the...
BINANCE:1000PEPEUSDT.P Signals for level breakout bar/candles closure near the level; bar/candles closure near its high/low; close retest of the level; the instrument gradually approaches the level; accumulation of energy for level breakout; a good approach to the level; consolidation near the level; decrease in trading volumes before the level; ...