Descp as shown in charts Short setup for BTC in the near term based on market structures and price action
Xiaomi currently in demand zone where it last touched and rose rapidly to ATH 35.9 Big hammer wick on 15 Mar, buyers flooded in to reverse downtrend sharply Chinese markets proven to be resilient, and Xiaomi is the largest phone producer in China, expanding its products into EV vehicles in the future. This is not only a good buy, but good for long term hold...
Description as written in the chart Rationale: 200 EMA on the 4H chart holds strong resistance for BTC after the golden crossover of the EMA, great short opportunity at the area of 45500 TP 3 times the risk SL 3 ATR above entry price 9average true range is an indicator)
Descp as shown in chart Looking at a slight pullback to retest the previous support to verify as resistance before continuing further down to 4300 support Short entry/Sell indicator
Breakout from triangle with great volume, waiting for pullback to retest with price action confirmation. Targets are previous resistances as shown by blue lines on the chart. SL below the market structure
Smaller timeframes showing buy volumes coming in, and double bottom formation (15min TF) Market order current price or within 20 - 20.85 price range TP in 5 levels shown by the red lines SL below the previous range formation @ 17.2
ATOM has done a great job with a huge breakout of the accumulation range with big buying volumes and crossover on the MACD to the upside. Now, its showing some signs of PULLBACK from the resistance zone @ 28.8 We used fib level 0.618 to define a good LONG ENTRY to catch the retracement wave for a BOUNCE @ 26.351, where the 3 EMAs can also serve as support...
A series of bullish candles formed from 21 Dec during the pump from support line @ 888.5 Currently, we expect a pullback or retracement as TESLA hits its resistance zone @ 1075.7 A good BUY ZONE is @ the 0.618 fib level - 985 to 1007 zone (shown in the chart as white box) This region also qualifies as retesting the top of descending channel that TSLA broke out of...
Matic undergoing correction now, has pulled back a ratio of 0.382. After an extended rally, we expect retracement of MATIC down to the lower support zones around @ 2.232, where we look to BUY or LONG. This area is the golden pocket, a 0.618 retracement from the ATH where we look for a solid rebound. This region also overlaps with the 200 EMA on the 4H, which can...
Condition: BTC broke below neckline, retested and rejected. (Also to mention, the resistance block in white is confluent with the 200 EMA on the daily . Short the retest. Target 41-42000 where the demand zone is
Conditions: - 13 EMA crossed over 21 on the 4H - brokeout of descending trend line with decreasing volume of selling, retested top of channel line and bounced off - MACD sloping up, in bull territory TP next major resistance SL below the breakout bull candle
Descriptions are as shown in the chart, do like and comment your ideas :)
After an extended rally, we expect retracement of LUNA down to the lower support zones around 77.85 to 72 areas, where we look to BUY or LONG. This rebigion is also the confluence of the 0.5 Fib level + previous resistance flipped to support @ 76.5 + 200 EMA. The overlap of these zones will likely give strong support for REBOUND from here. Buy zone : 72 - 77 SL...
Conditions: - ADA bounced off strong support zone around 1.26 - MACD crossing over to uptrend - PA long wicks and strong reaction from current zone > high buyer demand zone Targets: Take profit before getting too close to the Daily EMAs (50 EMA trajectory) which is also confluent (close to) the resistance block at 1.47 SL : Below support with some space
Broke out of triangle with volume, now retesting previous resistance and also 200 EMA. Look to take advantage of a rebound off these levels for a quick LONG. TP at the next resistance levels, SL slightly below 200 EMA
Starting to show some signs of movements from bulls Bullish divergence on MACD + PA wicks testing the resistance lines, filling sell orders Would definitely place some orders near the triangle bottom
KSM Kusama seeing some great resistance as the confluence of 50, 100, 200 EMAs around the 330 price level. Price action showing long bearish wicks at this area, validating this area as strong resistance. We look for a pullback down to the fib retracement of 0.618 @ 290 - 300 price level (white zone) SL below the bullish wick of 23 Dec @ 267.5, where going below...
We can see EURUSD trading in a channel range on the bigger timeframe of Weekly. Currently we see the pair ranging in a local area of 1.119 to 1.138 after dumping down. The MACD is still strongly trending down, not yet showing clear sign of reversal in momentum. 1. SHORT TRADE : We can look to SHORT the retest of the neckline it has broken down from, 1.15. Target...