The the 30m chart the EURJPY is forming a potential falling wedge. On the chart infront, you can discover a bullish market structure Additional confluences: - Price has dropped to the support range created from the previous major high - The price is testing the 0.382 Fib. Have in mind that the 0.5 and the 0.618 levels are also in the support range so it is...
Hello TradingView Family / Fellow Traders, After breaking below the 45,000 local support, BTC traded lower, and it is currently sitting around the lower bound of the orange flat wedge pattern. Now, what's next? As long as 41,300 holds, we will be looking for trend-following buy setups. 📈 For the bulls to take over, we need a momentum candle close above the...
Hello TradingView Family / Fellow Traders, 📈 GBPCHF is overall bullish from a short-term perspective trading inside the rising wedge in red. However , it is currently sitting around a strong supply zone, thus we will be looking for sell setups. 📉 For the bears to take over and activate our sell setup, we need a momentum candle close below the last major...
What Altcoin has outperformed BTC by 1000% since February 2021? CRYPTOCAP:OKB Token from the OKX Exchange. Potential Set Up in coming months - Break out of the falling wedge - Bounce from the lower diagonal support Both to me offer entry points with defined stop loss's under the both trend lines. Lets keep an eye. OKX is one of the few exchanges that also...
What’s up future crypto millionaires CRYPTOCAP:SOL has found itself in a falling wedge which is a bullish chart pattern. The flagpole top matches with a 5th Elliott wave impulse followed by a perfectly followed ABC correction . I believe solana is on its way to make a 2-3 wave impulse followed by a short correction and a 5th impulse bringing us to the...
In this chart we're lookin at the strength in both buyers and sellers just like the previous upload. Except this time we zoom in a bit closer to analyze the current wave and where its heading. So far price action looks great as we head into the expansion phase once again. Momentum shows that there are only about 10% sellers out the 100% buyers in the last rally...
RATS/USDT is BRC-20 based token just broke descending channel in 6H time frame , by observing volume and bullish momentum 20% to 50% pump is expected. targets are given in chart.
It's JUST an IDEA that could work out../BTC is in a bearish market rn. the bull sentiment has fallen and mayor BTC bulls have realized it is not such an easy task, so until halving comes in July bulls could turn into July fools if they don't understand the smart money and clearances for the actual bullish move to work out there needs to exist a huge liquidity sweeper !
Keep your eye on this wedge pattern for QQQ. If it closes below the wedge line, there is a good chance it falls more.
The INDEX:DXY is hitting resistance of massive broadening wedge. Big move up or down coming. If it closes above the wedge line, look for it to climb higher. If it can't break through, look for it to retest the bottom of the wedge. If it starts to fall, stocks and Bitcoin will rally. INDEX:DXY COINBASE:BTCUSD NASDAQ:QQQ
Solana is approaching the med-term trend line which is also at the point of a huge symmetrical wedge. Solana is going to make a BIG move soon. History says trend is your friend so if that holds true look for a test of the top of the channel. If it breaks through the top of the channel and resistance trendline and closes above on the daily, look for a big move...
Silver is oversold and undervalued now. Falling Wedge broke upwards and started the bullish trend. On the weekly chart, the 21-day SMA will cross the 50-day SMA next week. It means a major bullish trend will begin with expected break of 676-day major Triangle. I also expect a big decline on Gold/Silver Ratio and DXY which is good for silver. Formed Patterns : ...
Trying out the trading volume on large gainers. My hypothesis is that since they had such high trading volume the previous day,It's either due for a retracemnt or extension and I'll determine that by what the technical story tells me. Fundamentals: This had a trading volume on Friday of 29.117M and on average has 7.296M Technicals: Gap In price movement, so it...
Like anything in the market timing is everything. Being a sniper with execution is essential and knowing when to enter a trade is important. Here are my thoughts on this trade idea... Fundamnetals: Highest Daily gainer on Friday with trading volume around 15.245M and usually its at 1.779M That's a lot of momentum and the next quarter point is the next logical...
✅Bitcoin started to pump after the approval of ETFs by the SEC , but the technical analysis zones are still working, and I showed you all the movements of Bitcoin in the previous post . 🏃♂️Currently, Bitcoin is still moving in the 🔴Heavy Resistance Zone($52,100-$45,800)🔴 and the bottom of the ascending channel , but I expect Bitcoin to make another temporary...
#BTC Dominance When BTCD goes down ETH & ALTs go up. The downtrend has now been confirmed, buckle up...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 When price started to trades inside flat, it first reached $44700 level and then declined to support area, which coincided with $41200 level. After this, BTC some time traded near this area and later rose to $44400 points, after which it made correction. Then...
Supercycle - a term which is gaining popularity these days, applies to commodities. Basically what happens is surge in demand, which current supply struggles to cover, causes prices to sky-rocket from being under-valued to highly over-valued. In my opinion Bitcoin and its' four-year cycle is the best example. The main event of the cycle is halving (halving the...