Sol downtrend still has bearish momentum from rising wedge breakout 160 lower high confirmed, minor lower high confirmed at 150, Next significant move will either be a break of 156 or testing the low range of 138-132
Looking at CME_MINI:ESZ2023 Price is in the middle of the weekly range: the low was created yesterday: 4544.75 the high was created Wednesday: 4597 The trading range I see for today is in-between the overnight high 4584.50 and yesterday's (the weekly) low 4544.75 . Trading outside of that range will indicate some direction for next week. My bias is targeting...
Using Retail and SMC concepts just my thoughts on what I think can possibly happen next.
For the total cryptocurrency market cap, a death cross between the 21-week and 200-week moving averages on a weekly timeframe suggests that the market might be entering a period of extended bearish sentiment. Traders and investors might interpret this as a warning sign that the overall trend is weakening and that further declines could be expected. However, it's...
Using CRYPTOCAP:TOTAL as a guide for the rest of the market, this is what I'm keeping in mind over the next 2 weeks. On the weekly timeframe we are currently Under the 200 MA which is right around 1.08T It's highly Likely we close under that on Sunday. Next week we will look to find support in the range of 1.024T and ~1T. To the upside I have set an alert at...
Key Levels: 25.2K 28.6K Weekly 200 Moving Average Watching for consolidation over the next few days in between 25.2 26.8 By the end of the month looking to either Bullish Case make another high over 31K Bearish Case making a low under 25.2K Potentially Targeting 19.6K Next
Watching .588 and .59 next as short term Key levels
In this video I talk about how journaling your trades is an overlooked gym that could be a gamechanger for your strategy and profitability. The specifics of this trade is that my entry(Short) was near the 21 moving average anticipating rejection on the 1 minute timeframe. I use the 21 and 200 moving average to define an up or down trend. Using the 21 and 200...
XRP is currently consolidating underneath a zone created by the BIG run up it had around July 13th. Next we will make another push higher to and above .66 or get a clear rejection sometime soon down to under .60 Alerts set at .60 and .66 Once Triggered I will watch the 1HR timeframe to anticipate the next move.
S&P 500 Futures Analysis from last night Saw the Inverse cup and handle pattern and put on a trade but got stopped out. Called the correct direction but my stop loss was too tight. Watching 4135 around 8:30 as the key zone to become support or resistance.
I posted ETH and USDT.D Ideas. This is a video follow up of that analysis. Was able to come out with profit based off of that analysis. Also traded RIOT alongside ETH last week. Was able to catch the small bullish move. AAPL was traded today, but not much movement
Watching ETH on 1HR. Seeing a Bearish Inv Cup and Handle. If price trends upwards to 1927 watching for a breakout or reversal. Will go long on a bullish retest of that level Going Short If we get a rejection at 1927 watching the 200 MA as Support as well as bottom trendline of Handle Full Moon tonight could give some bullish price action a boost before a reversal
Currently looking like a BEARISH RETEST of a double top pattern. If Bearish price action is confirmed on CRYPTOCAP:USDT.D , watching for crypto to have BULLISH price action Key Areas to Watch: RESISTANCE 7.11:Resistance Neckline of Double top 7.13-7.15 7.09: Support, 618 Fib Level ~7.06: Dynamic Support, 200 MA
This is BTC on the 3Day Chart If BTC holds 32K I see ~32.7K being the next major resistance / reversal point. It is the 200 MA (3 Day) If we get rejected at 32K or 30K, next level to watch is 28.6K looking for a Bullish or Bearish Retest there before next major move. Personal Thoughts: Hard to call before CPI data comes out Wednesday (4/12) but safe to say we...
CRYPTOCAP:USDT.D USDT.D Has given a bounce off of support Next we are looking for a breakout or rejection of the 21 Moving Average of the 4hr timeframe. If we get a rejection, could give a good entry point to LONG crypto, further confirmation is a breakdown of support of the 6.80 Level If we get a breakout and retest of 4HR 21 Moving Average we are looking...
USDT.D On the 4HR is in a cup and handle pattern: Breakout of this pattern is BEARISH for the crypto market It is near the top of the pattern so Looking for a breakout or rejection. Currently is getting rejected by upper trendline. Rejection here would give BULLISH price action for the crypto market. As USDT.D falls crypto will rise. Breakout: Watching...
Looking for a support bounce of .50/.47 next for safe entries for longs. Looks like its consolidating for now. Bullish Invalidation is a bearish retest of the 21 MA (teal line) / .50 - .47 range with increased volume.
My Analysis on 3 Min Timeframe for Ethereum/USDT. Bullish Case: Watching for Breakout/Bounce on lower trendline for Bullish Price Action. Bearish Case: Watching for loss of support of Moving Averages and bottom trendline