BINANCE:BTCUSD is not on the rise. Surprisingly to many, the price continues to decline even after the halving. The situation reminds vvot BTC-ETF, when before the growth, MM collected liquidity accumulated at the bottom. The trend is still strong and bullish. The price is in a sideways range and continues to collect liquidity. The range boundaries are 73500...
Bitcoin is in the middle of the bull market cycle, but where exactly? It's necessary to do an Elliott Wave technical analysis to see the full map, as the market always moves in waves. We are almost at the end of the major wave (3), and in summer 2024, we are ready to make a significant corrective ABC pattern. We probably all know that summers are usually boring...
The price of Bitcoin is preparing for a final drop to the downside, to 57k per my calculations! The price is still inside this bullish flag formation, and we still need to complete the ABC corrective pattern from the Elliott Wave perspective. At this point, I cannot be bullish at all, just be patient and wait for 57k to be hit before buying BTC! It's also...
From my point of view, Ethereum is experiencing a Mega Elliott Wave like the one that occurred from October 2000 to June 2002, with almost perfect time symmetry. If so, we are at the beginning of wave 3, the price could reach 4200, and the 200-day support line will not be broken before the formation of wave 4. Ethereum recorded a 6-year uptrend channel breakout...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 GBPUSD has been overall bearish , trading within the falling channel in red. Currently, GBPUSD is approaching the upper bound of the channel acting as a non-horizontal resistance. Moreover, it is retesting a supply zone marked in green. 🏹 Thus, the highlighted red circle...
Daily/4h time frames analysis for Gold. Price action analysis. Important key levels. Technical outlook. ❤️Please, support my work with like, thank you!❤️
Hello Traders and Investors, today I will take a look at Intel Corporation. -------- Explanation of my video analysis: In April of 2022 we saw a major break towards the downside on Intel stock which was then followed by more bearish continuation of roughly -65%. Then Intel retested a multi year long structure and created a pretty decent bullish reversal and a...
📉 MATIC - USDT 📈 The three-drive is a rare price pattern formed by three consecutive symmetrical moves (or drives) up or down. In its bullish form, the market is making three final drives to a bottom before an uptrend forms. In a bearish three-drive, it is peaking before the bears take over. this means that we SHOULD bottom soon, at least. And the next landing...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 A not long time ago, price declined from resistance line to support line, breaking $61300 level, which coincided with support area. But soon, BTC turned around and made upward impulse to $65200 resistance level, making a fake breakout. Later price in a short...
Gold looks extremely bullish in the short-term and also in the long-term. 5000 USD or 10000 USSD in the next few years is definitely very likely, but right now let's focus on the short-term price action. We can see that GOLD is in a strong uptrend, and we can use a simple trendline tool to measure its strength. The price respects the blue trendline pretty...
Hi folks today I'm prepared for you Euro analytics. Some days ago price rose to the resistance level, which coincided with the resistance zone and broke it, after which rose a little more. Then EUR started to decline inside the downward channel, where it in a short time declined to the resistance level and broke it one more time, but soon it backed up and reached...
USDCAD shows several signs of a bullish trend, after testing a significant intraday support level. These include breaking through a resistance line in a falling channel and surpassing the neckline of a double bottom pattern. We can anticipate upward movement with targets at 1.3719 and 1.3750.
Hello traders, I want share with you my opinion about Binance Coin. Looking at the chart, we can see how the price a not long time ago started to rise in the upward channel and soon broke the support level, which coincided with the buyer zone. Inside the channel, BNB rose to a resistance level, which coincided with the seller zone, and soon rose even higher,...
GBPUSD is in strong bearish trend. As the market is consistently printing new LLs and LHs. currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL. What you guys think of this idea?
FX:NZDUSD bounces and strengthens towards MA-200 and resistance of the current trend on H1 against the backdrop of the dollar index correction. On D1 the medium-term outlook is clear. There are no prerequisites for the change of the global trend and most likely the fall after the resistance retest may continue. The dollar also at the moment does not give...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📚 As long as the $60,000 holds, we are expecting a continuation till the upper bound of the range and $70,000. 📚Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
AUDNZD is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH. What you guys think of this idea?
USOIL is in strong bullish trend. As the market is consistently printing new HHs and HLs. USOil is currently trading in a strong bullish ascending channel and is now retracing after the last HH, which is also the 0.886 Fib retracement level and local support zone as well. if the market successfully sustain this buying confluence the next leg up could go for new HH.