Tradeforthepeople

Tradeforthepeople

We have hit the 0.618 fib level of retracement and also we are at the top of the range. High probability we test one more time.

Tradeforthepeople Updated 

We had a nice rally along side BTC and the rest of the market including the stock market. In our previous Long trade we took some advantages of this rally. I will be entering a short from this position for these reasons: - Lower low and lower highs - the 21 EMA&SMA has been a significant level where price rejected on corrective rallies - Very strong support at...

Tradeforthepeople Updated 

Fet has been trading in this range for quite some time. Long trade reasoning: - Bottom of range - RSI oversold - MACD potential flip over

Tradeforthepeople

We are at a key resistance area at the 100EMA. Will be looking closely to see price action but we could see a potential downside to test the bull market support back around 0.48 before we see further upside

Tradeforthepeople

Avax has been trading in the descending range Why I think there will be more downwards price action before we see a higher rally up. - Key resistance in the descending range - Key support/resistance area - Next support aligns with the bull market support band Tight stop loss has been placed since we never know with these markets.

Tradeforthepeople

Chainlink potential downside - Rising wedge pattern - Key resistance area - RSI was very overbought

Tradeforthepeople

I understand with the BTC ETF hype and narrative pushing towards alts we could see more upside but based on technical analysis we are at some key areas. - Potential triple top formation in the range. - Potential head & shoulder formation - A key descending resistance line that dates back to late 2021 and early 2023 - We have seen another rejection off the area...

Tradeforthepeople

Eth has broken through it's strong resistance with strong price action. Next target is 2500 Happy trading everyone

Tradeforthepeople

We have had a nice run up in the cryptoverse and we saw huge price movements in the last couple months. Eth has been trading in this range for some time now and the price action has managed to break through the upper range where price reacted every time it touched. But if the daily candle closes below the range again, we might see a slight pull back. We may see...

Tradeforthepeople

Strong resistance area around 35-37k zone. Believe we can take a breather before we go up as the market is running on a lot of speculation and fomo. If we see further upside price action and we clear through 37000 this is invalid.

Tradeforthepeople

Strong resistance at the yearly high, expecting a pull back but of course never know. if price breaks above this is invalid.

Tradeforthepeople

Of course I am very bullish in Eth but in the short term I am bearish. Rising wedge = bearish & historic resistance It has shown in the previous price actions this is a very strong resistance level and usually we see a movement towards downwards and based on probability i believe it will happen again. But of course trading is reactive not predictive, if it...

Tradeforthepeople

We have broken down from the uptrend and started forming a lower low lower high Price is strugglingg to break through the range and to record lower highs that support the chances of continuing the recently suggested negative scenario.

Tradeforthepeople

As you know from my previous analysis were all waiting for the price to retest its key resistance yesterday and we were able to see the price action push back up to its key resistance level and retest but it seems like the bulls have run out of gas to break through that level and had formed a double top . RSI also indicating an over-brought territory We also have...

Tradeforthepeople

hey guys hope everyones having a good day whereever you are. AUD/USD was able to have a good push to the upside but we have reached a very strong resistance point and from the fibonacci 0.381 area we were able to identify that zone acting as a strong support/resistance area. I will be taking a short in the short term to see if the overall trend is ready to flip...

Tradeforthepeople

Rising wedge pattern forming. The Rising Wedge is a bearish pattern that begins wide at the bottom and contracts as prices move higher and the trading range narrows Also the price is struggling to break the 200EMA We will see a pull back before it decides to push its price higher.

Tradeforthepeople

We are still in the descending zone for AUD/NZD. It had a good push to the upside but it has hit its strong resistance point. I would like to see the price pull back to the 200EMA/previous short term resistance before making another push to the upside. RSI shows negative divergence and strong over brought levels

Tradeforthepeople

Hey guys hope everyones having a good day/good night whereever you are. As we all now we have been waiting for signs of a trend reversal for the Euro/gbp pair and recently it was able to find support and break through its short term resistance level. The price has made a good upside movement but has now hit its historical resistance/support level as shown in the...