ETH rocketed up last week as bullish sentiment builds and bearish sentiment appears to have reached exhaustion on most higher TFs. However, I do believe there is some liquidity and orders that need to be filled so I expect to see a retest of Support before any further significant sells up.
Gold sell idea. Though process here is gold is a continutation sell. USD is gaining strength and Tresuary Yield is Higher. Which in turn will cause Gold to lose value. I think we will have to see Gold retest 1900.
Potential ETH SELL. It seem we are currently in a Continuation Sell from 1900. I believe if we fail to break the current Resistance at 1850 and ultimately 1875 will we will see a Retest of Previous Lows starting with 1800 and potentially down to 1720
Lots of Bullish sentiment in the market currently. Plus vlaidation of key Support levels (1830 & 1880) primes of us for a nice bull run to 2000
Okay fam so we have DEFINITLEY retested the 1800 zone. At this point barring any other Economic factors I would expect to see a nice bounce back up towards the 1800 zone initially. Im expecting another push down just to clean up any sell orders in the market after that we re going up. and if we can find support at 1800 we will be back in the 1800 to 1885 zone....
After a nice 3 day bull run we finall broke 2k. I think before we can see anymore upward movement we will have to retest the 2k level.
BTC at major Resistance if there is another rejection here that would form a triple top which would further confirm a Sell.
After a big rejection of Resistance on a daily and weekly level, based on S&R and Fib Retracement it can be concluded that we will see a retest of support following a bullish beginning to 2023. Let me know if you agree or disagree, and if you like this idea please like and follow to get more ideas from MayTrade.
We have seen a rejection of a key Resistance price with ETH. Next will be a retest of support. Idea supports a sell and retest. The first zone we will test will be the 1400 zone and then all the way as low as 1100. I have included 4 Potential Take Profit Levels based off price action and the Fib Retracement tool. Please let me know your thoughts on this set up!...
ETH/USD ANALYSIS: Crypto has been pumping for sometime now since 2023 started. last week we saw nice gains in the area of 11%. I expect to see some liquidity taken back at the opening of the week. However I'm confident we will see ETH close in the green for the second week in a row. I have attached an ETH Buy idea .Will update when I see things starting to set up.
SELL IDEA Look for a sell down to 1802 hit off support between 1802 and 1805, bounce back up to 1809-1813 . 1809-1807 area of interest for sell entry.Next Support at 1776, then 1733
It looks like SPX has hit a solid resistance. This fact along with the recent news of mass tech frim lay-offs has me bearish on a short term level. Here a look at what we could see as we see the market catch up to the news and the economy.
Here is just a simple Price action based gold buy idea..It appears Gold is in a bit of consolidation period currently. However there is a bullish sentiment to the market, there is a likely chance of recent highs being restested.
nice potential BTC/USD Sell set up, this is a 2-3 day idea so wait for a good entry on a pull back. But what we are seeing now is BTC looking for support after that massive bull run up. I think there is some liquidity to be filled on a sell down.
Previous Sells were invalidated by a huge push, luckily we never entered because it never crossed down. Here is abSell Idea, after that massive push we have some liquidity gaps to fill.
Here we have a Gold Sell, everything is overall bearish in the market so we can continue to go with our bias to sell in most instances. Here we have Gold, Gold has been slowing pumping over the past week or so. as we can see here it has hit some type of sort term resistance. So what I'm expecting here will be another brief bounce up and then a retest of our lower...
This is a short term Buy Idea for ETH/USD. This a simple price action analysis where I the concept of Support and Resistance in conjunction with Consolidation Blocks to find my setup. As you'll hear me detail in the video, with such a rapid drop in price in the past 24 hours. I expect to see ETH climb back up to fill some of those liquidity gaps and try to find...
Having rejected the 0 point on the Auto Fib 3 times and also being at a as of recent,frequent,major “Buy” area my bias is that Gold is going to buy up 1840.. Reasoning behind this is recent bullish trends that brought us all the way up 1878 about 2 weeks ago. Last week was a strong Market reset ..this week we will see that continuation UP towards 1840 otw to 1900. ~~RY