my entry on this trade idea is taken from a point of interest ABOVE an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
As I have reported out yesterday, technically Solana is trading in the "no man's land" and can move in either direction. A bullish move towards and a break-out of $165 will push SOL towards $205 and, possibly, higher. Below $165 , risk of bearish move towards $131 is still there and, if $131 is broken to the downside, we can see a further bearishness to...
ENJ/USD (EnjinCoin) has formed a Descending Channel Pattern. Currently, at the bottom, it has created a higher low (HL), indicating a strong potential for a breakout through this channel. Following a successful breakout, I expect the price to retest the $0.3580 and $0.4530 levels.
AUDNZD is moving in an ascending channel between the trend lines. The chart is under the resistance level. The price has already reached the resistance, after which it quickly reacted with a decline and formed a bearish takeover after the second touch. We expect a pullback from the resistance. ------------------- Share your opinion in the comments and...
The daily chart for BNB lacks the momentum and is lingering around $594. A bullish Bitcoin can push BNB through this key daily resistance, however a reversal in BTC.D will be a game changer for Binance Coin and we will see the next bullish rally towards $700. A n inability to break through $594 will lead to a weakness with a bearish momentum targeting $543.
USDCAD is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH. What you guys think of this idea?
Gold is near resistance. It is in sideways near resistance. If it breaks that resistance level in weekly. It will go to new level. Maybe around 90000.
We have a daily discount pd array to long bias. 2.5 standart deviation is my target
The daily chart for BNB is maintaining strength, however it struggles to break $594, the key daily resistance. A bullish break-out of this level is needed for Binance Coin to move towards $656 and higher towards $700 region. A sustained price action below $594 could confirm weakness, potentially triggering a bearish momentum targeting $543, however price action...
Ethereum is bearish in the daily chart and can decline to $2,819, where price action will be very important. The ETHUSD chart has to push up to above $3,006 into the daily range zone towards $3,354, a critical daily resistance. A sustained price action that we see below $3,006 confirms the weakness, potentially triggering a bearish momentum targeting $2,597.
After the previous fall, the price not only came to the lower line of the channel, but also broke through it. However, the Resistance Level held and stopped the price. Moreover, I think that it will allow the price to gain strength (possibly with a small false breakout). And in the end, we will see Good Growth. Our goal is a strong resistance level of 1.252.
EURNZD is near the resistance at 1.79500, where price dropped before. It is trading in the consolidationg zone following sell off on the 4 hourly chart. There's a nice confluence zone to short at the resistance level, 78.6% fibo level and bearish harmonic pattern. We expect a bearish move from the confluence zone. ------------------- Share your opinion in...
we are seeing the formation of THE CONTINUATION HEAD AND SHOULDERS PATTERN with target around 0.000017
Will this be the last drop? We have to see To continue the climb, it is better to reach the price of 52000 My opinion is that the price will drop from here and maybe the last drop
Looking at a possible sell on Gold Awaiting for Price to move towards my resistance zone, once reached will trigger my sell entries to the downside
the detail is shown in the above Idea. I made this Idea based on Candlestick Analysis and Harmonic pattern using Fibonacci tools. in beginning of year 2023 Butterfly of VIX Daily Trend Fall from 29 to 14 . at last weeks of year 23 buyers crab rose to reach 23. in year 2024 Butterfly of VIX Weekly Trend probably Will...
Right now is a good area for accumulating a LUNC position. I'm bullish.