SPX coming to the top resistance where it previously got rejected (2x).
Also looking at a similar fractal, as well as de MACD showing similar movement.
Price is either gonna go bullish here and breakout, or we're gonna see a big downwards move..
What do you think?
Looking the SPX chart I used the 200 SMA (1W), 400 SMA (1W) and the volume profile to see where support zones are.
The 200 SMA has proven a valuable indicator in recent years as a 'bottom metric'
There seems to be confluence to some nice volume at this area as, obviously, a lot of people know this.
The 400 SMA also very interesting as it supported the price...
Here's a scenario to look at. I know the curved lines are subjective, but look at the circled part of the chart and the PA that followed after. Im referring to 2013 -2015
We've already seen ETH drop below it's previous ATH and we may see something similar for BTC with a touch of the macro 0.618 fib at around 10k. The 0.5 fib is around 14k so im speculating on a...
As we're starting to see the DXY hinting at a reversal, we're seeing Crypto starting to bounce at important support levels.
As Crypto and SPX seem to be moving together, it's likely we'll see the SPX open green today and bounce off of support
In my chart we can see the highest deviation from the orange average volume zone is 9-10%
Currently the price has made a...
Here's some levels to watch if you're thinking of getting some exposure to LUNA
I'm using the volume profile to see where people are putting trading positions.
BTC testing the bottom support just above the macro 1.618 fib (from the previous cycle top to bottom)
As the DXT looks like it's starting to reverse, we may see this long term downtrend for crypto in general start to reverse as well.
wether this is a short term bounce (relief) or a more sustainable uptrend remains to be seen.
Just looking at the May '21...
DXY losing the 200 hma on the 1h chart and failing to get above it multiple times.
So far the PA ranging and starting to lose support indicating it might be time to reverse.
Interesting, as the CPI report gets released today and the SPX and Crypto dangling at low support levels.
Let's see what happens today.
Is BTC about to do the same as in 2019? A quick fractal analysis of the run-up to 14k good be in the making again?
Purely speculation based on fractals, but interesting to see how this develops :) This seems to be an interesting prediction based off of the huge inverse head and shoulder pattern and breakout out of long term resistance.
What do you guys think of...
It looks like a small fractal on top of the same resistance line is being repeated again right now. Upon touching the orange resistance we had a nice swing upwards. Will BTC follow the same pattern again?
What do you guys think?
Hi all!
My 2nd chart already :)
Since the first chart broke pattern i have entered a few ideas of where BTC may be heading. For me this is learning and it would be great to hear from you as well how you interpret the chart information in comparison :)
What do you think of my 5 ideas so far?
Are you short term bearish, neutral or bullish?
Hey guys, my very first chart on tradingview!
Im still learning and hopefully this way i can get some insights on my charting.
Looks to me like a retracement to the 61.8 fib line in a still bullish pattern (bullflag) on the 1H chart. It may go and make a inverse head and shoulders pattern on its way to break out to the upside.
What do you guys think about this...
