Is very near neckline now which is at 172. A break above the neckline may send this to 174
The price its actually moving in a range since friday very strong movement that let us with that big candelstick. what we specting its a continuation to the downside on thet range broking this same range all the way to the downside.
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
Phoenix (PHBUSDT) is now showing really strong bullish momentum after recovering from a strong correction. This is the same correction that permeated the entire Cryptocurrency market and is no longer present for this pair. ➖ We looked recently at Phoenix vs Bitcoin (PHBBTC) and this trade-idea can be found at the 'Recent publications' at the bottom of this...
Look at the chart and make your own judgment, please let me know
NASDAQ:GILD has completed its bottom AND sustained the run up from the bottom completion, which provides strong support. The stock is now heading toward the previous resistance highs from January; this is not strong resistance. The type of sideways trend developing now builds energy that can easily move above that weaker resistance. Swing trade watch. Earnings...
With TVC:DXY strengthening some USD pairs are setting up nicely. I can see that USDCAD has a nice unmitigated extreme order block to target just above equal highs. If you can get a good entry, and use a wide stop loss this could be a good trade. However, you might want to wait for a correction to enter the position. You can see where I've highlighted demand....
Check previous posts in this channel for more insight on overall direction. The monthly FVG area is a very important and a strong key area. Most analysis done on higher timeframes, nothing lower than H1. If H1 FVG is respected. Bullish continuation commences. Enjoy.
If price reach 8.281 and shows good volume for longs i will try to long it. Stop loss is 8.182. It could be 1/4 risk to reward ration trade.
PEP earnings report due today after hours. Key support below formed by a double fib. Proven resistance above will be a hard break. $ 165.35 - 165.31 is the exact support $ 171.48 will be strong resistance above. $ 161.49 will be key uptrend support below. ======================================= .
Below, is "blue chip DeFi" from last cycle right before the rally started. October and november were bearish months for most altcoins including ETH. Upotober and Movember might be bullish for BTC, but that doesnt always mean Alts will follow
Dusk Network has been growing long-term, since 2020. We can see how the last bull-market developed in a total of three major waves. We have a similar scenario in this cycle. The waves look small here because we are using the logarithmic scale or else nothing would fit on the chart but, if you were to look at the linear chart you can better appreciate where we are...
Silver has now failed t break the $32.00 level on multiple occasions - but it may do so soon Still, the fact that we have tried to take out the May high of $32.51 twice in as many weeks and have failed to hold there may be a sign of waning bullish momentum. At the time of writing, silver was still holding above key support in around the $31.35 - $31.50 area (blude...
📈 Technical analysis BTC/USDT Bitcoin started the new trading week with growth. After a corrective wave down to the 0.5 Fibonacci level, triggered by the escalation of the conflict between Iran and Israel, BTC has managed to hold above the EMA 200 and EMA 50 lines. Today, the price is retesting the nearest resistance block at $64,000 - $65,000, and the outcome...
Hey Everyone, Great start to the week with our chart idea playing out as analysed. We got the Bullish target hit at 2655 and then no ema5 cross and lock above the level confirming the rejection. You can see the ema5 turning just before the level to perfection confirming the rejection foe the move down. We are looking for support above 2633 to confirm rejection...
Once again trying a new technique: TL/IG as i call it trade is already running +20 pips For learning/journaling purposes only
BTCUSD is now retracing to it's 61.8% fibo from it's first drop. We wait for confirmation if the 61.8% will hold and the minor bear flag pattern will break. I am still aiming 50k to 52k for next target! CHEERS!
⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold price (XAU/USD) continues its decline for the fourth straight day, trading near $2,650 during early Monday’s Asian session. The stronger US Dollar, following Friday's upbeat Nonfarm Payrolls (NFP) data, is putting downward pressure on gold. The US added 254,000 jobs in September, exceeding August’s...