Last weeks high: $29202.3 Last weeks low: $27844.3 Midpoint: $26486.3 From the volatility of the FED's FOMC announcement, the volatility has continued into last weeks price action in BTC. The 1H 200EMA had price ranging underneath it between the week low and the 0.25 quarter line. Once price had reclaimed 0.25 and had a successful retest, the 1H 200EMA was also...
I try to use as many indicators as I can to experiment and learn from thier comecomes. Iv been using the parallel channel tool recently and I enjoy how simple but handy it is. To me, recently we broke down from a upward trending channel (green) and it looked to me as if I slight downtrending channel was beginning to form (orange) Yesterday we momentary broke...
Last weeks high: $28895.5 Last weeks low: $27735.9 Midpoint: $26576.2 A week of sideways action following the previous weeks strong rally. BTC has currently topped out at a local high of $28895, the volatility of the FOMC event in the middle of the week gave us a sharp decline before a retest of that weekly high in which it was rejected. With the estimated...
We recently broke down from our small ascending triangle (blue lines) and hit the target shortoy after perfectly! (White dotted lines and yellow horizontal) We then quickly bounced upward to retest the bottom of the triangle, which looked like rejection! Currently looking at other possible plays. Mainly a upward parallel channel (green lines). As you can see...
– Previous Daily candle close Bearish at 161.100 back in the range forming new Daily Resistance at 161.800. – Buys on close above 161.360 targeting Daily Resistance at 161.810, Leaving Runners to the 1h Resistance at 162.310. – Sells on close below 160.800 targeting 1h Support at 160.290, Leaving Runners to the 4h Support at 159.850. – High Impact News ahead for...
Recently there was a bearish CHoCH made on the 1H time-frame for AUD/USD. We might see double sided trade opportunities potentially. Reason for potential long entry; We see that the price recently was consolidating the past days, we might see a jump from the Order block that the price is right now and filling the FVG recently made, retest the S/R area and...
Last weeks high: $28435.9 Last weeks low: $25136.9 Midpoint: $21837.8 Huge rally for BTC last week! pushed past a key level of 25.5k, a level we have been under since 14th June of '22. We are now working in the 25.5k - 32.5k range and it's important to secure price above the previous high. acceptance in this range should see us work towards the mid range at...
VIsual ENTRY / SL / Top TP provided on chart numbers of $$$ check on the RIGHT SIDE of the graph
HI TRADERS ✌ The Possible USDCHF scenarios are marked in the chart .We can expect that the price will be corrected to the range of 0.92500/0.92200. The possibility of a positive reaction from the range of 0.92500/0.92200 can be considered. Otherwise, if the low price stabilizes at the level of 0.92200, we may see further correction. We have to see how the price...
HI TRADERS ✌The possible trend is shown on the chart. If it stabilizes above the range of 0.67500 and maintains the range of demand zone , we can expect price growth up to the range of 0.67900/0.68. Otherwise, if the price penetrates below the range of 0.67400 and stabilizes, the possibility of further correction can be considered.We have to see how the price will...
Last weeks high: $25305.1 Last weeks low: $24008 Midpoint: $22712.3 BTC Gradual decline away from the ~25k HTF swing high was to be expected for a lot of traders, last week that scenario played out with a consistent drawdown towards the lows of 22700. Personally I'd like to see 22.5k be the local low of this move down with a strong reaction from the bulls in...
Last weeks high: $25301.6 Last weeks low: $23314.8 Midpoint: $21328 BTC reached the local top of 25k and presented the market with a big question of would price break above this previous top, or reject and break down lower? As of now the bearish result seems to be playing out, however I still wouldn't be surprised if the supply zone doesn't get tagged above the...
Hello traders. On this 1H analysis of NZDJPY, we have a falling wedge setup with a support level within the buy zone identified. There is good rejection from the support level and this area would be a good entry point for a long position. A good place where price may go next would be to the resistance level in the 83.800 region. A SL should be appropriately placed...
Price been trading below 200EMA in a downtrend. Retested amd rejected strong resistance level. We can see it potentially going lower. Entry 1.7300 -1.7330 SL 1.3787 TP1 1.7198 TP2 1.7100