Conviction: 5/5 Retesting LT channel support (2000) Retesting previous downtrend resistance-turned-support. RSI-D showing really strong bullish divergence. RISK: what will fed raising rates do? unlikely to be good?
The market is stuck sideways this week. Perhaps the breakout will be determined by external events rather than the FED under Powell who is certainly no Volker...
Google gapped up after it's earnings report. It has now retraced to fill those orders. If the uptrend were to continue, this looks like a logical place from which it would do so. A confirmation would be breaking through the descending channel . We also had a better than expected earnings report, and it has seen continuous positive growth over the last several...
LONG-TERM: 1hr chart breakout of downsloping channel, classic bullish divergence on daily, near apex of falling wedge on daily. (not financial advice)
Please do not FOMO in, we might be near the end of this move up. A good sign for bulls is that we finally broke that big descending channel, but still, we need to see a retest of it. This is an interesting channel BTC formed now, so we could be near the top and back down, also 200sma is just above... Be smart and careful. Good luck traders
Right now, it is temporarily judged to be a rebound rather than a new up cycle. Buying price: 0.645-0.689 Stop Loss Price: 0.6 Target: 0.87, 0.93, 1 Good luck !
Based on the chart, the price breaks the descending channel to the upside and here brief correction to the downside based on the Fibonacci levels expected ✔️ and near the yellow zone and support line we can again expect the continuation of the uptrend and our first target is 0.50 🚀 if the price breaks the resistance there to the upside, we can see more gain...
If Fibonacci levels are respected and the ascending channel should not be broken ... Observe All-Time High at ~ .000009 , which corresponds approximately to the key zone of Fibonacci circles level 3.618 (daily) Maybe a new high at ~ .000023 , which corresponds approximately to the key zone of second Fibonacci circles level (3.618) . Only the future will tell .......
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for BNB, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for AUDJPY, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Daily/4h time frames analysis on Gold. Price action & key levels. Potential scenarios and thoughts. ❤️Please, support this idea with like and comment!❤️
If Fibonacci levels are respected, and the $0.49 level will be broken ... The structure takes longer so maybe the pump will also be higher in future. I'm Bullish long term. Observe All-Time High at ~ $0.49 , which corresponds approximately to the Fibonacci circles level 3.618 (daily) Maybe a new high at ~ $1.2 , which corresponds approximately to the second...
#DODO/USDT $DODO broke out descending resistance line, and head up toward resistance zone that is the same with middle line of weekly parallel channel. 🐮 if success to break out the middle line it will increase more to touch upper line of channel around resistance zone at $0.97 and $1.1. and break out this channel will increase price to next channel. 🐻 and if...
#ALPHA/USDT $ALPHA broke out from long term descending parallel channel, and now struggle to break out from resistance zone. it is possible to have a pullback to support zone or just upper line of channel in short term, then extend its uptrend to resistance zone around $0.7.
After the trigger breaks in the chart, the probability of starting the uptrend goes
We all know that the S2F and 4 year cycle models got broken this year. There's nothing to base any predictions on, so this is just a guess of what might happen. Tons of people were posting about multi-year bear market just a couple of weeks back - it's still a concept rooted in everyone's brain. Everyone still expects it to happen after a sharp downturn, just...
BTC daily candlestick closed as evening star after the good pump we saw in the past days and this is happening right inside a resistance area which BTC should turn into a support. In the 1h screenshot I'll post in the comments you'll see a strong compression of BB and bearish DIV on various indicators. Ichimoku cloud and EMA 200 at 1h shows 38-39K area as next...
The market had a breakout from the weekly resistance and retested as new support on the 0.786 Fibonacci level, and the price respected the dynamic weekly resistance. On the daily timeframe the price is creating a descending channel on the weekly structures, and the price is trying to have a breakout from the descending channel and daily resistance. On the 4...