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ADA Almost ready to rumble! Let's start with: "What goes up must come down!" As we can see on the weekly TF we started the run up around the $1, we've been going straight up towards the $2.3 level. After hitting it's previous ATH at $2.46 we saw a fast drop down all the way back to the current strong supportzone between the 1 - 1.15 USD. This ignitiated the second run up towards the current ATH at 3.10 USD, followed by a heavy pullback, back towards "lift off" point! Which leaves us currently trading around the 1.17 wich is near the strong supportzone. What i'd love to see is finding support, retesting this support level and gain momentum towards the upside and start an uptrend, if we hold the key support level around the $1 it's still looking strong for Cardano and we could deffinately see a new ATH in the near future, 'cause what comes down, also must go up! :) But... If we break the support we could be going lower between the 0.84 - 0.94. Something i think we won't be seein' happening due to the fact that the supportzone seems to be a legit strong one, but hey, u'll never know ! :) Also the Stochastic RSI looks almost ready for lift off. Let's see what the next couple of days will bring and if we close this, or the next weekly candle in the support zone, followed by a nice BIG green fellow! *******If you guys like my (global) analysis please leave a like, it's my second published idea. I'm always open for info, improvement, learning and feedback! ADA/USDT Bybit Perpetual Contract Cardano - US Dollar Have a nice day people, Trade safe & Stay safe!
BINANCE:ADAUSDLong
by CryptoTTM33
4
Possible Short opportunity on EUR/USD resistance zone 15m TFSince the early morning the EUR/USD price is working on that 15m TF resistance zone. This is also in confluence with the 1h chart. I would personally set my profits as on the screenshot and may extend the stop loss to like an ATR something like above one of the last highs (depending on your strat.. - see the arrows) You could also set a third TP like on one of the stronger bottom swings. Keep in mind that we're in an overall downtrend: Maybe keep an eye on the RSI for oversold scenarios.. But well also depends on your strat so :)..
Short
by RobbelRoot
ETSY pump on Q3 earnings. My analysis with boxes.Hi everyone, Let us take a look at recent NASDAQ:ETSY price development. Huge leap from 234-239 zone to new highs at 283 . Hard reject to 240 zone. Climb back to 270 . Taking a look at last 3 weeks volume profile, it is not uniformly distributed. POC is at 239 . Decent size volume occured in 270-275 zone, BUT mainly on the ask side. What usually happens next in this situation : Stock price either slices through the ceiling and squeezes to the absurd highs (like Tesla and Cloudflare) OR It diddles in the thin zone of the profile, repairing the structure, before the next big move. Here it's 253-272 zone. Please like if this helped and comment your ideas. Trade wisely and good luck! ----------------------------------------------------------------------------------------------------------------- Disclaimer!!! This is not financial advise
E
by AyBe_Invest