Cardano can be in a possible bigger, five-wave drop to the downside from the 1.263 lvl.. We labelled higher degree waves i and ii as completed, so latest price activity can be a red wave iii from the 1.225 lvl., which means a five-wave sub-structure must unfold within it: blacks sub-waves (i), (ii), (iii), (iv), (v). At the moment even a lesser degree blue...
When looking at bitcoin on the 2hr TF we can see that it has had a very bullish week. With the Super Bowl happening this weekend and a lot of people calling it the Crypto Bowl, many expect this to have a positive effect on bitcoin throughout the weekend. Now we hear that the FEDs have announced an emergency meeting for Monday 2/14/2020 which is right after the...
By the chart the price touched its trend line in 4h, so in daily chart we can realize that a bearish triangle is completing and we can expect that we have a bearish trend in the future,so the price can reach around 1350$-1450$. But be careful we need get a confirmation in lower time frames by using our strategy rules. Tell me your ideas, I appreciate your...
If you are a Bear there is some good news for you because we just got retest on H&S pattern and we got rejected. This is in my opinion not likely to play out, because we have so much support uder 35k but as we know crypto is unpredictable. If we do get this opportunit to buy below 20k i am going to be so happy as we know that BTC is future and is hier to stay, on...
In this theory, there seems to be 3 equally weighted scenarios that may play out in the short term. Regardless, I believe the long term is still a slow trend to the upwards side. However, this could become a more exponential growth if 1 of these scenarios plays out, which has a 30% chance of occurring. Continuation to ATH: 33% "Dead-cat bounce" with a head and...
ADA daily update is here! Hello everyone, The situation is not looking the greatest for ADA, let's see what next week is going to bring us. Have a nice trading weekend.
Dow-Jones Date:- 11-02-2022 Bearish :- Short-selling DOW-JONES Movement :- (287 ~ ) Points ( Negative Closing ) TIME CONSTANT LEVELS ATTENDANCE ( T.C.A ) :- 34949 ± Dow-Jones │ Post-Marketing │ Market Give Closing at :- 34949 STOP-LOSS :- Uses Your Own Stop-Loss Quantum Physics Researcher :- Jeevan Singh T.C.A Created Using With HPC ( High performance...
Hello everyone, if you like the idea, do not forget to support with a like and follow. EURNZD is sitting around a strong resistance in blue so we will be looking for sell setups. on H4: EURNZD is forming a channel in red but the lower trendline is not valid yet, so we will be waiting for a third swing to form around it to consider it our trigger swing....
BTC give RSI and falling wedge breakout and makes bullish jump, it seems to hit a resistance line at the neckline for a H&S pattern on the D1 chart. Last time BTC breakout RSI it went up, corrected and went up again as indicated by the red and blue boxes from August last year. I expect BTC to bounce off the support line, maybe consolidate a bit while liquidity...
Hey guys, If you have seen my most recent posts you wont be surprise to see I'm bearish on the markets and have been for some time. With market valuations out of whack, Ungodly like debt in Government, cooperate, and leverage used by traders, 40% of all the US currency printed in 2020-2021 but production at an all time low causing inflation we haven't seen since...
Hey guys, following up with my last few post I have exited the position I outlined last as I didn't want to hold it during the CPI announcement and it hit the .5 on the Fib and broke the uptrend line. New position entered after the market has reacted to the inflation news and we face the definite reality of the Fed tapering harder then first expected. My first...
After several attempts to break through the ~45,000 price mark, Bitcoin is now testing previous support levels in search for a new bottom to bounce off of. At the time of writing this, bears are fighting at ~42,800 which if it breaks, the next support would be at ~41,000 with a potential dip to ~39,000. In terms of trading strategies, it is recommended to be...
Just some observations and charting patterns on historic ASX:BEAR. Could it be foretelling a repeat of a market reversal of the ASX?
what do we see for gbpcad rejection of 4h order block break of structure on previous higher low trendline break liquidity pool build up (HL) and grabbed PLAN : waiting for my confirmation on 15 min time frame ( waiting for liquidity above 15 higher lows to be grabbed) then enter shorts at premium price
Hello traders! This is a different type of Pattern than the Head and shoulder Pattern. First of all, I must inform you that if you want to grow your account then do the opposite of what so-called gurus told you. I know how they are spreading false methods and people are losing lots of money even they follow perfectly what they are taught they will still lose...
Lots of pressure on the dollar today with inflation and jobless data. Overall weak us new which has been very manipulative and encouraging growth in other currencies. It will be interesting to see if the USD can stabilise of the back of todays trading sessions. 95.00 to 94.00 could provide support should the index drop off into the final hours of this week. We...
Tesla has been sitting under a very strong role reversal gap fill resistance area for quite some time now. We keep seeing this negative divergence between price action and volume as well. I think the likelihood of a breakout above the area is slim because of my views on the broader market. Options traders should give themselves time with this one and roll your...
I have updated the previous trade with two entries on XAUUSD, Let's see how it goes.