doge is indicating a huge decrease in volume, adx and in momentum. we have positive wedge with positive adx, but next move is descending wedge with positive adx and decrease in volume means a decreasee in price along with that combination
on daily it has positioned above the average of 55 and 20 periods, which to me indicates a strong accumulation phase in where it is possiblle to mount a great ride from where we are now
eth short in 4hourly looks really attractive especially in these days where a,b,c has finished forming in the last days. opening shorts right here
sp here i see it probable bouncing in this level to take another bearish movement impulse and take it to even lower levels. at the end of coming days
As my huge convincement in the idea of inmersing ourselves into a huge and very, very tough recession durin q4 this year and whole 2023, as least, I preserve the idea of placing scaled staggered/ gradual shorts by we get to the end of this phase.
we are seeing a huge downtrend over the decades and in the last year we're heading towards the lower levels. will we achieve lowest levels?
in my opinion the strengthening of the GEL is due to mainly the Russian migration or moreover the Russian escapee from their homeland cause of the global sanctions imposed on them, and Georgia is the one & only country on earth that has this easy visa politic towards Russia, long story short, they couldn't find a better country to become permanent residents...
SPX could rebounce here where it is since its a long support line which also coincides with the 38% of the fib line
here im placing my long position with 1-2 risk reward ratio which is quite good given the sitaution
Here im basing myself on the theory of third quarter triangle breakout strategy, in where a triangle breaks out in the third quarter of a trend and this gives quite reliable trade entries. I'm getting into this now because of the formation of the squeeze to the positive with good adx and the obvious triangle along with the W formation as double botton.
btc falling in its 3rd quarter triangle. this is the most realiable pattern rn i see it going down further
Here place short for TRX till 0,0689 with 2-5% SL. I see it dropping further. When reached target depending on how the price reacts we could protect the trade and keep in or just close.
gmt is going to enter a falling wedge after which i see it stabilizing pretty well if all this doesn't evaporate along wiht the global economy, as it seems to be happening. me personally im withdrawing all my assets to buy rice an macarroni and a land far far from this society
volume indicator shows to me the depletion in volume as well as the divergence in price volume. this gives me a perfect entry to try a long here
it is very likely that xrp will break this ascending triangle that will drag the price even further and will draw nice price for the xrp till the weekend.. im entering 100% long here, with substantially tight stop loss and very juicy benefits Volume is also increasing
Ger 30 looking fresh regarding to TA. It’s drawn an ascending triangle which also comes in symmetry to the right. Placing longs with a tight stop right here
xrp has absorbed 23% FIBO level path retrace so what I'm expecting here is Xmn to continue most likely no prize rather than downtrend continuation
blockasset is moving inside an ascending wedge where at the end of it it will most likely try to exit the wedge by a breakout, which in my vision is going to be upwards. for now im out of the market, will take decision in a month moreless