As you guys can see here, we got a strong support and resistance. The highest probability is for it to go up to resistance and down to support. Wait and see if it creates the right market structure and sell if it starts to go down, buy if it goes above and it's not a fakeout.
DISTRIBUTION:- Distribution stock refers to a large blocks of a security that are carefully sold into the market gradually in smallerblocks so as to inundate the market with sell orders for the security and driving down its price.Traders also refer to the dynamic of securities being sold this wayas simply "distribution." Distribution assets refers to the sale of...
Price action and chart pattern trading medium term setup > Bullish Dragon Harmonic Pattern - ridge breakout pullback entry > 1st Target Hump zone 0.5 - 0.618 and the final target at extended tail swing zone 1.0 and above > Stop zone at dragon claws zone - doubled bottom > Risk ratio 3:1 for medium term trading Indicator: > Bullish divergence RSI and MACD golden...
Price action and chart pattern trading setup > Inverted Head & Shoulders pattern in TF1H breakout > Pullback trade recommended after retesting H&S neckline > Target just below SMA200 or previous high Indicator: TF4H > Bullish RSI crossing 50 and above MA line > MACD golden cross signal line Risk ratio: 1.8:1 Always trade with affordable risk and respect your stoploss
based my analysis: 3 drive pattern ICT classic price action classic pattern
Hi everyone Possible routes of NEAR price movement On-chain data indicates an increase in capital inflows to the NEAR blockchain Thankful
This Analysis is based on Price action: If we look at May- July 2020, where the price was almost in the same range as today, we can see the Bullish Rejections and Bullish pin bars of Bitcoin. But today, in the weekly timeframe, we can see the bearish shadows on top of the candles. we can see several bearish rejections and also at least 2 bearish pin bars in the...
BTC still ranging between my first major trend line and the next major resistance area around 45k. I believe a big move is imminent in the near future as we approach the end of the wedge.
Let's do the point ! Here I want to share you the inside of the market, some could say : "we are ranging" 👉 Yes .... but NO . What is happening actually is way more than a range, it's a change in the dynamic of the market which will impact the structure as bear or bull is the outbreak. My point of view for the evolution of the market didn't change since the...
After false breakout from parallel channel, price came back and made nice move up. Now it retraces. Interesting support level at. 0.8310. There may be inverted head and shoulders pattern formed.
Tron can be 0.18$ again You can take a Buy limit on 0.05$ Tron Technical analysis basically on elliott waves Principles and Priceaction Strategy Wait and Watch
Preferably suitable for scalping and accurate as long as you enter carefully the price behavior with the drawn areas. With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis. And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message.. red lines are most...
Ultimately I am waiting for sells on gold today. If the weekly bar flips bearish we could see a major fake out on the weekly time frame and see gold come back down all the way to next major support around 1888. Although buys above 2008 are looking good as well with clean traffic to the left.
We have price compression in bitcoin The price is inside the triangle pattern By failing and coming to daily areas Provides liquidity for the main move ---------------------------------------------- CURRENT BITCOIN TRENDS: weekly - daily + H4 + ---------------------------------------------- BASED MY ANALYSIS: SMART MONEY CLASSIC PRICE...
BTC not doing anything significantly since the pump and dump from Wednesday Look locally at the reaction from the Daily and Weekly Opens. Local liquidity is to the downside and Retail is 66% Long. BTC is still ranging and has been for 2 months These things rarely play out more than 2-3 months Market open today will be interesting hopefully we can regain...
BTC still ranging within this wedge between my major trend line nr. 1 and the next major resistance level around 45k. Good short term buys are an option if we can see a bar close above the minor resistance around 39,5k with clean traffic all the way back to 42,5k.
Looking for 4H break above. Then after 10am close. Go down to 15m and look for a DB or other pattern to take trade to the upside
Looking to short, but will need to wait for a 4H close below the level to ensure that we can continue with the selling.