On November 27th, 2023 the “Collapse to $30” idea was published (below). The idea was met with some rebuttal, shall we say. The evidence for a collapse in Litecoin price action has only grown in the past few months. A new candle prints on the above 2-month chart in 14 days. If it prints as is, it will be a Gravestone DOJI. Such candlesticks on this timeframe...
This week, NZDCAD broke through and closed below an important horizontal support level. The broken support has now become a resistance level, which the market is currently retesting. I anticipate a bearish trend continuing towards the levels of 0.8117 and 0.8070.
daily chart : liquidity taken from previous day + bullish wave of daily didn't contain any FVG HOURLY : failed to continue after FVG BREAKING TO TARGET SWING LOW AND LOW OF PREVIOUS DAY LOWEST POINT .
NZDCAD formed a head & shoulders pattern after a test of a recently broken horizontal structure support. I think that the pair may continue falling, after the release of Crude Oil Inventories data today. Initial target - 0.8115 ❤️Please, support my work with like, thank you!❤️
Good day Traders! Have the institutions trapped buyers at 2400-ATH ? One would think so as the break above 2400 was strong but the subsequent move down was stronger! - A likely institutional footprint As a result of this $2400 price manipulation a 4H OrderBlock was formed and respected since, followed by bearish shifts in markets structure. We now have a fresh...
I will be shorting EURUSD following my weekly plan outlined earlier this week. There is a 5M breaker and FVG on 5M which coincides with the low of 15M last upclose candle.
Fundamentals: From a speculative outlook, the fundamentals on Coinbase do not fully meet my criteria, but this IPO's balance sheet is projected to continue its acceleration in sales. Currently, this quarter's sales were at 52%; earnings over 142%. Technicals: Daily hammer at horizontal support with really high volume relative to other periods and days at or...
NZDJPY formed a huge bullish flag pattern on a 4H time frame. Its resistance was successfully broken yesterday and we see a positive, bullish reaction after a retest. The market may keep growing. Goals: 91.9 / 92.2 ❤️Please, support my work with like, thank you!❤️
- Previous Day candle closed bullish . If we are looking for buys we will take on until daily resistance formed on 7th august 15 and Tp 2 21st july 15 - If we are looking for sells we take on until 13th august 03 and tp 2 26th march 24 daily resistance. - Wait for 1 hour candle to close above or below zone to enter trade.After hitting TP, you are done for the...
This is a simple project that is looking for two possible scenarios in the unfolding of events. The most important phenomenon that will be relevant in analyzing and possibly trading this instrument using the elements in the snapshot, is the price action at the shapes. If coincidences of price action near the shapes or icons occur, we can treat them as potential...
Entry Taken During London Session. 1. Daily Candle Strong Bullish Indicating Buys Over Sells. 2. Price broke the Downtrend Trendline and Created a New HH's. 3. Price Created a new Support zone Confirming A New HL. 4. Entry Taken at 15 & 30 M Break Of Highs.
- Previous Day candle closed bullish . If we are looking for buys we will take on until daily resistance formed on 21 july 15 - If we are looking for sells we take on until 25th dec 02 daily resistance. - Wait for 1 hour candle to close above or below zone to enter trade.After hitting TP, you are done for the day. - We risk 3-8% of our capital. Close trades ...
Look for buy opportunities on GBPUSD.it has indicated an upwards trend for the rest of this week. Follow us for more forex signals and updates thanks!
Sometimes a drawing can speak better than words, or at least present an idea in a better and more efficient way. This project involves projected tendencies and forces that might affect the price, represented with the curves as attractors and influencers with their respective arrows pointing the direction of the potential simulated pressure applied to the...
Now bitcoin is trying to close above the monthly order block and channel midline. The overlap of these two resistances has made it difficult for the market bulls. It is better to wait for Close Candle in March. It makes the prediction easier for us. There are three more days left until the close of the candle. Set a firm stop loss for all your transactions.
Having fallen for six consecutive days, bearish momentum on EUR/USD is beginning to fade. Tuesday's low also held above the 1.06 level and 71.6% Fibonacci level whilst RSI (14) and (2) are in oversold levels on the daily chart. The 4-hour chart shows bullish divergences on the RSIs, so the bias is to seek dips towards 1.06 for a long towards 1.0650 at a minimum....
I will be honest with you, I have high hopes that this one could be the project with the biggest success, not necessarily in predicting what the market might do, but how will it act and when and even where. In other words, as usual in most nen projects, most rectangles are simulated projected potential support and resistance zones in their specific time zone, with...
Last week, the Asian market opened. Affected by geopolitics in the Middle East, international gold prices opened high and then fell back, causing large market fluctuations. Several Federal Reserve officials will speak this week, and investors will need to pay close attention. From a technical point of view, the international gold price is under heavy selling...