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BTCUSDT 4H | Bitcoin market overview: Local uptrendHello, dear subscribers! In the previous review, we marked the current support and resistance levels in the bitcoin market. Currently, the bulls got the levels of $51,000 and $53,000 and the bitcoin price is above $53,000. What will happen next? Bitcoin is in the $53,000 - $56,000 range and according to the MACD and RSI indicators we see a confident rising trend. The OBV indicator value is under the resistance level of 2.10M, which indicates that the current growth has a local character and the buyers have not gained enough positions. In our opinion, you need to keep a close eye on the level of 2.10M and depending on your position, buy or sell, you can take profits or open a sell position on the rebound from 2.10M. Subscribe to the channel and stay tuned!
by CatalystsFinance
BTCUSDT 4H | Bitcoin market overview: Bullish signHello, dear subscribers! In previous reviews we marked the $58,000 level as important for the bulls. Fixing above it will give the bulls a chance to continue the full-fledged uptrend. In the past days, we have seen an active growth of bitcoin from the support level 1 - $51,500 - $52,000. Today, bitcoin price got close to 58,000 and broke through the downward channel, in which it was after the historical high. The MACD and RSI indices turned up and are in the green zone. The OBV indicator touched the support at 2.15M, which is important for buyers and also turned up. All this indicates a full-fledged attack of the bulls, who are satisfied with the current correction and are ready to move the price up to new highs. In the current situation there might be a quick break-up of the level of $58,000 or a fake break-up with a long price chattering around $58,000 and a fight between the bulls and the bears for determining the direction of the trend. Subscribe to the channel and stay tuned!
Long
by CatalystsFinance
BTCUSDT 4H | Bitcoin market overview: Bullish defenceHello, dear subscribers! In our previous review, we looked at bitcoin trading price levels and the battle between buyers and sellers for those levels. The main level that determines the mood of the bitcoin market is 47,000 - 48,000. When the price goes lower the bears rule the market, when the price goes higher the bulls rule the market. At the moment, bitcoin price is above 48,000 and therefore is in the 48,000 - 51,500 zone, which is preferable for buyers. According to the RSI and MACD indicators, we are in the flat zone, as their values are near the middle. OBV indicator is on the side of the bulls, as the value of the indicator is above the important level - 2M. A breakout of this level will signal a change of trend to bearish. In the coming days we will continue to monitor the indicated price levels. The main level is still 48,000. Subscribe to the channel and stay tuned!
by CatalystsFinance
BTCUSDT 4H | Bitcoin market overview: Fight for $48,000 levelHello, dear subscribers! In the previous review, we considered a short as the most likely scenario for the bitcoin price to move from the $56,000 level. The targets for this move were $46,000 to $48,000. As a result, the bears managed to lower the price to $43,000. After that the bulls managed to reverse the movement. The previous support levels became resistance levels. At the current moment, the bulls are fighting with the bears for the exit into the area of 48,000 - 51,000. The closing of the current 4-hour candle above the resistance level and confirmation of the output of the next candle will indicate the victory of the bulls. According to the MACD and RSI indicators, we see the strengthening of the growing trend. On the OBV indicator, the buyers managed to beat off the 2M level, which suggests that the level of 43,000 - 44,000 became very attractive for buyers and they are ready to increase the volume at this price and above. If the bears manage to keep the price below 48,000, the bitcoin price will continue its movement in the 43,000 - 48,000 range. Subscribe to the channel and stay with us!
by CatalystsFinance
2
S&P 500 - 3920+ still awaitsHello traders & analysts, Hello analysts and traders. Price touched the trendline on the 4hour chart. SPX500 needed to created a descending channel after the high to engineer some liquidity for continuation of long positions from the all time high not the risk off mode were related to profit taking in order to generate further longs . The buys are still on! Where did price fall to? Key trendline creating a lower high. Why is this important? Look left - the white candle shows an imbalance on the previous bullish engulfing . We are currently long but await the next buy from a daily low. Key: 4 hour = grey channel trendlines Green zone - daily, weekly targets Grey zone - 4 hour supply Blue zone - pivotal point where market will engineer a price low to. Our preview before the trade took place: See the wider picture: See the outlook: - we can see here that the price reversed directly between the previous extension zone to create a new inflow first touch to close out the imbalance between the buyers and sellers. Shorts were closed and further longs were taken to bolster investments or if investing in a long term portfolio, a further contribution added upon the compounding value. Four sectors returned a higher value than the S&P500 close in 2020 adding optimism within adding inflows into the market to 2021 - beyond. With all other major indexes and rapid new industries taking off - what we will be able to see? outperforming in 2020: Tech, consumer discretionary, telecommunications, material sectors Why follow us? Updates on our pairs as and when we can. Swing trade out looks 10 years combined experience in capital markets simple breakdowns for beginners to advanced . KISS - keep it simple stupid. we trade purely from naked charts, less indicators - remove the noise and clears your mind. If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes. Regardless we will continue producing analysis. Thanks, Team LVPA MMXXI
TVC:SPXLong
by LupaCapital
1
GBP JPY - long opportunityHello traders, We are seeing on the GBP JPY 4 hour chart an opportunity to go long with a good 4hour trendline which is being respected. Imbalance 4hr = grey 4hr = orange trendlines daily = purple trendline See the bigger picture and further analysis below; Fundamentals at play. With the successful Brexit transition and recovery from the Risk-off scenario from Brexit, the commodity hedge from Gold will not push higher. While the vaccination and cases remain a concern for the UKs long term success in the economy opening up, the GBP has been seen rising and looks set to continue with a target of 143 poised to be filled by the bulls. XAU USD & GBP JPY are safe havens so expect the volatility within the pairs to remain strong as short term sentiment turns sour. Why follow us? Updates on our pairs as and when we can. Swing trade out looks 10 years combined experience in capital markets simple breakdowns for beginners to advanced . KISS - keep it simple stupid. we trade purely from naked charts, less indicators - remove the noise and clears your mind. If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes. Regardless we will continue producing analysis. Thanks, Team LVPA MMXXI
Long
by LupaCapital
1
S&P 500 - Fibonacci rejection - upside activeSPX500 needed to created a descending channel after the high to engineer some liquidity for continuation of long positions. Where did price fall to? Key Fibonacci 0.618 - 0.705 levels Why is this important? Look left - the white candle shows an imbalance on the previous bullish engulfing . We are currently long but await the next buy from a daily low. See the Vix vs S&P500 Why follow us? Updates on our pairs as and when we can. Swing trade out looks 10 years combined experience in capital markets simple breakdowns for beginners through to advanced . KISS - keep it simple stupid. Pure imbalance trades - with further explanations on the graphs to understand. If you like our work, please leave a like or comment. If you feel our work is exceptional and would like to donate coins, this is highly appreciated. Regardless we will continue producing analysis as and when. Many thanks, Team LVPA.
OANDA:SPX500USDLong
by LupaCapital
BTC/USD Next 4 hours. Wait for the return signals.It looks pretty simple. Fibo and the channel are quite valid and as you can see in the RSI section the trend is bearish. There is strong support in the $22400 vicinity, and I personally would enter if I see bullish return signs in that area. MACD is also indicating a bearish trend so far, both in moving averages and momentum. FYI, I entered at $17500, sold one part at $21000 and one part at 23900, and I have not entered again so far, since I'm an amateur and work 12 hours shifts and I have to deal conservatively.
BITSTAMP:BTCUSDShort
by parsasajedi69
BTCUSDT 4H | Bitcoin market overview: OBV growthHello, dear subscribers! In the previous review, we looked at the support and resistance zones in the bitcoin market. During the following days, bitcoin price fluctuated in the marked limits - $22,200 - $24,000. For the trend to continue or reverse, the price needs to consolidate outside the support or resistance zones. The RSI and MACD indicators have reset overbought since the previous review, the OBV, in turn, shows an increase in interest in buying bitcoin, having not declined during the flat period. This indicates that the bitcoin market continues to be under bullish control. But for the uptrend to continue, bitcoin's price needs to consolidate above $24,000. In case the bears manage to take control and consolidate below $22,000, their next target will be the levels of $20,600 and $19,600. Subscribe to the channel and stay tuned!
Long
by CatalystsFinance