Get started

Reversal

DYDX - Double Bottom's Neckline Broken 👌Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. DYDX has been one of the most gainers throughout January with over 200% move. DYDX broke a yearly range in the shape of a double bottom in blue, confirming a long-term shift in momentum to bullish. 🏹 The bulls already took over by breaking above the upper blue neckline. As per my trading plan, as DYDX retests the zone, I will be looking for buy setups on lower timeframes to catch the next impulse movement upward. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
25
AUDNZD - Strong Resistance Ahead!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. on DAILY: Left Chart AUDNZD is approaching a resistance zone so we will be looking for sell setups on lower timeframes. on H4: Right Chart AUDNZD is approaching the upper trendline of the rising channel in red. As price approaches the purple zone, as per my trading plan, I will be looking for potential bearish reversal setups on lower timeframes. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
9
Dollar reversal or retracement?TVC:DXY English: Hey Traders, I'm currently looking at the 4-hour chart of DXY. Due to the negative news on 01/31/23, we saw a retreat from new highs to the main level of 102.000. I think this could be the start of a new uptrend for the dollar. For tomorrow, I see a bounce at the 4-hour fib. to possibly 102.900 at best. But for this, the dollar news must also be positive. Otherwise, we could return to the lows of 101.600, I think. However, there's important news tomorrow. So be cautious! These news can change direction rapidly! German: Aktuell schaue ich mir den 4-Stunden-Chart des DXY an. Aufgrund der schlechten Nachrichten vom 31.01.23 sahen wir einen Rückgang von den neuen Höchstständen auf das Hauptniveau von 102.000. Ich denke, dass dies der Beginn eines neuen Aufwärtstrends für den Dollar sein könnte. Für morgen sehe ich einen Anstieg am 4-Stunden-Fib. auf vielleicht 102.900 im besten Fall. Aber dafür müssen auch die Dollar-Nachrichten gut sein. Andernfalls können wir zurück zu den Tiefstständen von 101.600 zurückkehren, denke ich.
TVC:DXYLong
by NeptenFX
1
tsla longs fighting uphill battlebulls are in control of this move but lack the follow through necessary to make a convincing move to the upside look like a change of weekly momentum. weve made a daily bounce that retraced enough to say a lower low is set, but havent made a higher low or confirmed the move with a trip above the last bearflag area/value area high. weve also started forming a topping out proccess 4hr as indices futures fail to climb over a top like 4037 es1!, and this has happened every leg of the way fown for stocks making me think we need to at least revisit the dotted line, and if we break through it id look for the lower horizontal. if we support in the mid range and move higher, especially if indices are breaking out with multiple sectors green, or if we get immediate continuation id still be long.
NASDAQ:TSLAShort
by cerealpatterns
1
BTC Next Few stepsHello Traders! Welcome back to another post with Anlyst Aadil1000x. This Analysis is all about the next few steps of BTC in small timeframe. We can see BTC broke the previous high and now it's looking for a short-term retracement. A breakout of the trendline is a good sign to buy the market but because the market has broken the previous high and now looking for a reversal point to move up so we will not buy the breakout in BTC. We will wait for BTC to touch 23288 Reversal point to look for buys. DOn't forget to hit the like button and follow to stay connected.
Short
by Aadil1000x
DOT on the brink of a major breakoutHi all, DOT is usually trading below the radars of the big cryptocurrency influencers although it is already proven to be superior with its all technical advancements and future implementation as outlined in the roadmap. But this is not a pro-Polkadot post, so I will keep it simple. 1. Long-term downtrend - broken. 2. 21-EMA - flipped 3. $6-$6.2 horizontal resistance - broken. What is next is the $7 mark, which is where the next major multi-timeframe resistance and former support area is situated. Additionally, it is the last high the token made on the weekly timeframe, which makes it important for the mid-term bullish reversal scenario. Lastly, that level was when DOT was initially halted back in 2020 triggering a 40 percent correction, so it is a sensitive one with a lot of trading activity around it. I'm pretty convinced a clean breakout here will result in a major push towards the $9-$10 zone. Let me know what you think in the comments Regards
Long
by FutureBlockchain
LINK - DYDX - SUSHI || Coincidence? I don't think so Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. As per my trading plan / routine, I update my charts and alerts every Sunday night to be ready for the upcoming week. Tonight, while going over all the charts, I noticed that these there assets / tokens are forming similar price action. LINK - DYDX - SUSHI || Weekly Chart: After rejecting a support zone and round number, these three have been stuck inside a range in the shape of a double bottom pattern. 🏹 For the bulls to take over long-term, we need the double bottom pattern to get activated by a momentum candle close above its neckline in gray. Meanwhile, until the bulls take over, we would be stuck inside the range. 📚 We know that the entire crypto market is correlated in a way or another, but these three took my attention as the similarity is huge. what do you think? is it a coincidence? are these three somehow related? Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
19