I decided to chart BTCUSD because I believe we're in an exciting time. We're starting to see our first sign of early growth following post halving. BTC is currently testing a key zone around level $59,750. (Yellow Weekly Line) I see two possible scenarios occurring so I'm in a stalemate on direction. If BTC breaks the current tested level to the upside, I think...
The trend of gold today is particularly cautious. It has basically been oscillating in a narrow range around the 2300 position and is waiting for guidance from NFP data. As for how to view the NFP market, I have shared my detailed views in my previous article. In general terms, I am still bearish on gold, and I tend to be short on gold in my trading. Judging...
This is my idea. Ive used elliott waves as you can see it is C wave target to fibo 61 And it is wickoff pattern We will sell here and buy from bottom
BITU - channel resistant , short to target 28 where 4h demand exists. Not look for staying short too long on this one. It will eventually break the channel to the upside. Will update chart when long signal happens.
Sweep > downtrendline breakout > Market structure shift Next target $1,20
FX:XAUUSD decreases volatility, smoothly moving into a consolidation phase before the publication of NFP. The market structure is bearish and the overall fundamentals are negative. What should we wait for? Today is quite a busy news day, but all attention is focused on NFP. The gold market is locally bearish and set for further decline. Breakout of 2295 and...
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...
I'm super bullish on BIST:LINK long-term but this is honestly one of the worst charts of the majors rn crazy to see analysts calling this bullish today we'll see a Bull Trap from those 3 White Soldiers Price action below the 20, 50 and 200 Moving Averages If we get that Death Cross on the 200MA D then its straight to $10.6
When Americans feel depressed or unhappy about life, they tend to spend more money on fun things--something to consider during a presidential election year. For now, NYSE:DIS is looking fine for its earnings report next week. It was over-speculated, so adjusting back down closer to fundamental support is normal. The gap up in February was on way better than...
COIN is looking really good here on the daily chart. Reclaimed the 50 EMA after that bounce, and MACD is about to flip bullish. Targets $260 to $280.
This is my kind of plan currently with $BTC. Still a risky trade, since the price has lots of resistance above and price hasn't, but bulls have several points in favour and price might set 57.5-58k as a good support. Small capital risk on this one. Let's see what the market do.
I am starting a position on NYSE:NEP on three thoughts: The company should be able to resolve its financing issues. The stock pays a hefty dividend (14.6%) I expect the gently rising intermediate term trading channel to remain active, and the short-term, declining channel to get broken. Somewhat balancing this view is the concern that a significant...
Hey, guys. This is ESS team. We take this chart for you with a pro tip! If it is supported by the ORANGE uptrend line, It is expected to break through the RED downtrend line. After the break, It is going to reach the GREEN uptrend line. Tip! 1. If Green uptrend line is broken through, It will go UP to the purple uptrend line. 2. Cash HOLDERS, After breaking...
Western Digital has pushed steadily higher since late 2023, and now some traders may expect the uptrend to continue. The first pattern on today’s chart is the zone around $66. WDC peaked there on March 6 and 21. It then rallied above the price and came back to hold it on April 19 and 25. Has old resistance become new support? Second, the data-storage company got...
Looking for a breakout to the upside, ideally a higher low and a higher high than the previous range.
Hi Guys. As always im on the look out for Macro opportunities in assets with market structure or patterns that scream "Pay Attention to me". One that stood out to me was ARLO. This analysis is on the 1 week timeframe. Notice the Orange rectangle. This zone is a MAJOR Support/ Resistance zone. When Arlo went Public, we started ABOVE this zone. Then made our...
Expecting upside movement from this area with possible targets marked.
Trading Plan for Friday, May 3rd, 2024 Market Sentiment: Bulls maintaining a tentative lead ahead of multiple high-impact market events (Apple Earnings and Jobs Report). Expect extreme volatility and plan accordingly. Key Supports Immediate Supports: 5068 (major), 5054 (major trendline - note this level rises daily) Major Supports: 5028 (major), 5001...