Sideways trading again with apple Apple seems to struggle today with another day of sideways trading struggle to break highs
Technical-analysis
Technical Analysis on PFE Don't get me wrong but writing a long description is useless in front of creativity. I have enough tea to serve, btw. The community will be more than happy, I'm just saying !
Note: This is not a financial advice.
Cheers,
Bestoch Stocks' Doctor
CADJPY ON BUY CADJPY H4
Awaiting the breakout and retest right at the zone.
Confirmation candle stick also for either bearish incase price doesn't break the zone.
SHIBA INU retracing before SHOOTING for previous high at 0.00088The token has cleared previous near equal highs at 0.00061313 before the bears took over so I expect the retracement to last until the range, 0.00055708 and 0.00050039 .
Bitcoin and Altcoins technical analysis.Hello everyone, welcome back.
last few days been great days for traders, bulls been taking over the market and we saw some great pumps on different coins, lets checkout bitcoin to see whats going on here
Bitcoin managed to break the downtrend channel, failing to go further down from 46k and with a breakout and pull back to 48k level, we saw a great bullish move helping us toward reaching the 50k level.
checking out the daily chart candle by candle you could see that we have a good momentum right now, meaning that this move is going to last for now.
*use the chart above for major support and resistances level.*
Now currently bitcoin is forming a trading range between 50.4k and 51.4k, meaning that its gonna be here for a while. after that I expect a breakout causing the price rise to 53k level.
Now lets take a look at BTC.D chart and see whats going on.
as you can see BTC.D is at the bottom right now and candles are looking weak meaning that we are probably going to go back up. a simple rule about BTC.D is that when Total market cap is rising and BTC.D is going down or staying down, this means that Altcoins are going to go up, why ? its simple because the money that is entering the market is not spent on BTC, so its spent on other coins. now what happens when BTC.D goes up?
well simply, money is taken out of alt coins and spent more on BTC, causing btc price to go up and alt/btc pairs to suffer.
now should we sell our altcoins and buy btc? not exactly, there might be some good alt coins going further up based on their fundamentals or technical and again BTC.D going up usually effects the Altcoin/BTC pair as Bitcoin gains more worth than the alt coins in this period.
For long term and mid term, everything looks good, there is a good potential for another big bull run, some alt coins are going to go 2x - 5x and bitcoin is going toward ATH.
*Keep in mind this is not a financial advice*
Bitcoin Potential Trajectories - Price Action RangeBTCUSD Range Technical Analysis:
Mid term ranging zone: $45600 to $49500
Resistance (longer term):
$57500 - High Volume Node
Supports (longer term):
$44000 - .618 Long Wave Fibonacci Retracement.
HIVE technical analysisFormation of a double top has made this crypto currency come down a long way, two red zones are marked as buy zones, you can place your buy orders there for higher prices.
The chart still looks bearish, be careful.
* this is not a financial advice *
CROUSDT technical analysisCRO is currently on an strong level of support we also have 0.4 to 0.42 $ as another major support in which you can put a buy order.
currently price is trying to breakout of orange trendline, if that happens we might see a bull run toward top.
suggested setup :
Placing buy order where we are and on 0.42$
Stop loss : closing below 0.35$
Targets marked on chart with red lines
Good luck
* This is not a financial advice *
DOT technical analysisDot has been in a down trend for too long, once we break the green trend line it has much higher to go.
We currently are on 25$ support zone which is really strong and has held price ever since.
Suggested setup would be :
Entry zone : 24 - 26 $
Stop loss : closing below 21.5 $
Profit levels = Red lines marked on chart
* not a financial advice *
Good luck
LINK technical and fundamental analysisHello everyone, chain link is currently on a support.
buy zone : 15 - 19 $
Stop loss closing belowe 12.19
take profit : 21.21$ - 29.8 $ - 37$ - Moon
There is also some good news coming up in next few days for chainlink.
Good luck
* this is not a financial advice *
STORJ simple analysisa very simple analysis on STOJ based on price action.
Everything drawn on chart :
Stop loss : closing below the white trendline.
* Careful, market seems bearish these days, try buying on bottom and stay away from futures *
$ETH TO $3200.Here is my take on eth if we close below trend we will go down to 3200 before shooting back up.
Gala complete analysisHello traders, welcome back.
I hope everyone is doing good.
I decided to write down about my own watchlist during this unstable market, this way you can have a solid strategy on how to react in certain scenarios. during these series of Idea I will be talking about how the charts are looking, support and resistances and also what to expect in short, mid and long term.
* Keep in mind this is not a financial advice *
Gala had rose real high, after that big bull run we had a quite good correction in price ( Orange trend line ), recently price broke out of the trend line, did a pull back and went up for around 30%.
as you can see, I have market two major support zones, in the previous market crash, we touched the lowest one which was a great entry, now what expect is that we will be in this range for a while.
if you are willing to buy this crypto, two support zones are the best place to have a buy order :
I believe we had our first leg up and now there is one more leg left, so my long term prediction would be 1.17$
Good luck
don't forget to like and subscribe ;)
Bitcoin short setupHello guys welcome back.
I'm going short on BTC, Price testing 100EMA and I believe the whole movement is toward bottom (40k) I did write a complete analysis few days ago, check it out for a better understanding of what's going on.
everything explained on chart.
its not a financial advice, just a suggestion.
Good luck
don't forget to like and subscribe if you liked this idea.
Deep dive for a Gold on the 1W chartsIf you had a look in the previous 1M Gold chart, you still do remember about sell possibility. Like as you see 25,25,50 EMAs taken down already. You can observe some hesitation on 100EMA and most likely after hesistation going to head for the 200EMA.
It is just main observations only and I would like to hear yours opinion and/or TA as well.
Right know we a heading for 1D charts to look closer for “our” GOLD!
Diving to deep for Gold - TA on the 1M chartsIt seams that gold “hung up” on same level as in 2011. Briefly looking, it is going to drop, at least in the near future. 1M charts pointing for the moving down and for a bit. Look to the rest charts with a TA on a different timeframes with a thought in the back of your head about sell on the 1M charts
Bearish on Bank Of America (BAC)This is my first time publishing any analysis and I have also not been analyzing charts for to long. This post is more so looking for feedback on my analysis, but if it helps others, then great.
That being said, I am confident in shorting BAC as a result of the bearish indicators shown in my chart. For one, it is hovering above a support level that I think needs to be hit before BAC rebounds. My other reasoning is the the 50 day and 100 day moving averages are crossing. The third reasoning shown in my analysis is the "Bearish Cup and Handle Pattern." Also not drawn in what I believe to be a bearish pennant pattern. These reasons are why I have a bearish bias on BAC.
As I said before, I am new to this, so any feedback would be MUCH appreciated.
(Not Financial Advice)
TLM setup suggestionHello guys, welcome back.
I think TLM is at the bottom right now, considering that BTC might fall a bit more we might see price going further down.
Everything explained on chart, as you can see we are in a channel right now, stop losses are also pointed out.
Its not a financial advice, just a suggestion.
Be careful and good luck.
Follow me on tradingview for more updates and check my profile for other social medias.
Comment below your idea.
Don't forget to like ;)
BTC analysis, Going upBtc has found a support on 49k, as you can see we have a good trendline on the bottom, we should probably bounce off again !
break of this level toward bottom can end another ride to 40k.
Good luck
This is not a financial advice, also check my profile and follow me for more updates ;)
XAUUSD SCALP MARKET FORMATION 50 pips buytechnical analysis 5 min inverse shoulder head shoulder with 15 min double bottom and support maintained along with 15 mins LL to LH scalp.
This is where I start looking to re-enter - 42-46kHi Traders,
A non-video post for you all here.
Bitcoin, under the ascending BLACK trendline, has now entered into bearish territory. But, as I have explained numerous times throughout my daily update videos, I do NOT think this is the beginning of a longer-term bear market. This, quite simply, is a pull-back that may last for a few more weeks or through mid/end of December. Why? Institutional investors and hedge funds are collecting profits. Re-allocation will begin in Jan-Feb, at which time Bitcoin should turn bullish once again.
Time, price, pattern. That was the time aspect. Now onto price and pattern.
We are in bear territory. Slightly. But still. Looks like a bear flag has formed on the daily, but we also have adequate support below us at anywhere from $42,000 to $46,000. Long term hodl'ers don't seem to be releasing their grip. Lots of volume below us according to VPVR as well as the 200 day. Additionally, two potentially significant uptrending lines for support. All of these are strong arguments for a near bottom in this drawback soon.
Stock markets are bearish. Yes. True. I've stated my case for this in the last several videos but you may view my last one in the related links below. In correlation with the stocks becoming bearish, Bitcoin has followed suit. However, I am not sure how long this correlation will last? Maybe it continues and the stock market bulls return pulling bitcoin up with it? Maybe a de-coupling occurs and stocks continue to be bearish but crypto turns bullish? This all remains to be seen.
What I can read from the charts is that it does look like our crypto space is nearing a bottom on this current drawback. A few more days or maybe weeks and I should be able to start putting together some decent setups once again.
Stay tuned and until then, trade safe all!
-Stew
gold, long IdeaGold, has broken a descending trend line to the upper side. The price might push to 1809 before a entrancement
