As mentioned in previous analysis, I believe the breaking of 60K to be important for BTC. If it is important, we'd be in a bull trap now. Currently we have to classic 76 retracement along with a butterfly correction pattern. Trying a fairly large short on BTC now. Expressed through shorts on BTC directly, OTM puts on COIN and OTM puts on MSTR. If the break...
Hello dear friends! Let's explore the price action of gold after the recent days of major fluctuations! Regarding developments and results last week: the international gold market received a lot of economic information from major economies such as the US, China, and Europe. In particular, the US announced producer price index data. (PPI) and consumer price index...
Bitcoin is breaking out of the bear market structure and creating a new uptrend that will lead to an all-time high! This thesis is supported by the fact that after the halving event, Bitcoin always goes up (statistically, 100% probability). The halving event took place 1 month ago and cut the reward for mines by half. It's recommended to trade with the trend to...
gme to $125 next 1.5 weeks, amc to $21.. then death.,. then moon targets are $130 amc, $800 gme. goodluck.
Bitcoin finally revealed its direction and its bullish. On the chart we can see 2 parallel channels. The first one is currently breaking out and there is no doubt that the second parallel channel will break as well. Next resistance is exactly at the top of the first parallel channel, I am expecting a pullback from this strong dynamic line. From the Elliott Wave...
Hello traders. Today, gold closed the weekend trading session at 2,415 USD, up 37 USD compared to the previous day's opening price of 2,378 USD. Do you wonder why gold is increasing so strongly? After yesterday's news the combination of high inflation, massive debt issuance and rapid money printing by central banks is pushing market participants into precious...
we have reached a very important area where price is beginning to reject
hi traders, ARBUSDT on 1D time frame looks primed for a trend reversal. We can that the price formed a falling wedge pattern. Once we get a successful breakout, a long position can be taken. 3 targets are shown on the chart. Good luck
Dear traders! On the price chart EURUSD broke the classic bearish wedge structure and reached 1.0867 below the key resistance zone at 1.0900. However, the very strong uptrend seems to be well supported by the 2 EMA 34.89 on almost every time frame and above the key breakout area at 1.0800 which the bulls are holding on to with the aim of strengthening....
#LTC/USDT has recently experienced a trendline breakout and is currently positioned at a major support level. These factors indicate a strong bullish potential, with an expected price increase of approximately 30% in the coming days. The price has broken above a significant descending trendline, indicating a shift from a downtrend to an uptrend. This breakout is...
USDCHF is currently exhibiting a bullish trend. The recent false breakout from the channel, followed by a return to within the channel boundaries, indicates a potential continuation of the upward movement. Anticipating further price action within the channel, a buy stop order is advisable upon the price breaking above the previous higher high (HH), signaling a...
It seems like the price is forming a massive Inv. head & shoulder pattern, and now may be the time to keep an eye on BONK! If you're looking to trade BONK at the moment, here's a quick setup that you might find helpful! The idea is: Buy when the price breaks above $0.00002675 and take profits at the levels shown in the chart. Targets: 1. $0.0000275 2....
There is Bearish Trend and Trend is Making lower low and lower high continuation take the Trend after Rejection from 20EMA and put the Sell Limit on Fib 0.6 Level Stoploss Should be your Last Lower high point Stoploss :0.85675 TP1 :0.85543 TP2:0.85413 TP3:0.85308
FTMUSDT is trading in PRZ, having bearish divergence on RSI, we can anticipate the change of trend and after the break of HL, we will short it.
AUDCAD in bullish trend making a Rising wedge expected trend reversal at the breakout.
just a thought im gonna throw out there. its not impossible, id say a 7% chance
Hello traders! An interesting idea here. I am looking to short gold mainly because historically May is a bearish month for gold. One thing we can also expect is a potential shooting star first to take out the liquidity above and short term sell orders.. I will be taking this trade from a confirmation entry. However, the setup shown presents a very nice R:R -...
Bitcoin looks very strong at this moment. We can see that the price is breaking out of the descending parallel channel on the daily chart. The price is above the channel and has already retested the downward-sloping trendline. We should see a strong pump from the current price. Why is bitcoin pumping? From a technical perspective, it's pretty easy to say. Take a...