The road to a new ATH or a drop back within its Upwards Channel? Interesting times. 4hr chart
Bears loose its winning streak in the market. Nifty open with negative note and witnessed heavy selling, during the day. one point of time nifty registered low of 21629. But after making low nifty recovered and formed a big green candle with long lower shadow and upper shadow on daily chart which indicate bulls are back in the game and they are buying from...
The hourly LINAUSDT has extremely low volatility and is the one lower section of the log transformed standard deviation band. If an expansion happens during this bar, there is a higher probability of price staying within this range.
LINK coin is another one that caught our attention with a great possibility of downward movement here! We see that upon reaching that upper line of BB, we are getting rejected multiple times and now we are seeing that last time we had reaction, we had a really nice attempt to move further but we got stopped by 100EMA We are looking here for a good rejection to...
The ES is primed for a test of 5,000! 🎯When analyzing the market environment, I always look for three key scenarios: range expansion, consolidation, or mean reversion. Currently, the ES is showing signs of range expansion with a target of 4,974. In this informative video, I explain my prediction and the indicators I rely on to support it. 📊 By utilizing Bollinger...
Multiple rejection are happening on DOT coin but recently we had a really nice rejection from middle line of BB, which has been recently broken from that "bullish trend." This might be a good start for a downward movement if we see the price glide below that middle line for some time now! Swallow Team
Short / Bearish Bias on NASDQ100. Technical Analysis Explained: Highest normalized price reversal point exceeded (this is the highest red “resistance” zone) Price greater than all time high (22/11/2021) Z score and Price bearish divergence (week as z score has remained neutral rather than print a lower low) Price trading at approximately second standard...
Matic Coin has shown us some major moves here recently. With many new opportunities opening up for us in smaller timeframes, we are looking for some kind of movement where we want to catch a nice short position and then a potential long one as well while remaining inside the zones here! Swallow Team
ETH/USD is in an Ascending Triangle Pattern. We also have what could be a Double Top as well. Ascending Triangle Pattern = Potentially Bullish Double Top = Potentially Bearish Here is a closer look at this 1day chart. Note the Liquidity Void being filled up at the moment. Here is a closer look at the RSI. Momentum is downwards at the moment but note the over...
In this analysis we're going to take a look at the BBW (Bollinger Band Width) indicator, which is derived from the classical Bollinger Bands, but only measures the distance between them. Bollinger bands expand during times of high volatility, and compress during times of low volatility. Periods of high volatility always follow periods of low volatility, and the...
Hello dear friends! What do you think, will EURUSD rise or fall next? Let's find out more about this currency pair with Karina! As Karina mentioned in the previous article, EURUSD will rise but only as a correction and will soon be pushed back down when it reaches 1.070. This currency pair is facing some selling pressure due to the stronger US dollar (USD) and...
On Monday, BTC had finally crossed above and broke through its major resistance area located on this 1 week charts at $32,415 - $27,785. Note: BTC is still in a Rising Wedge Pattern as well as an Upwards Channel Pattern. BTC is still in a massive Megaphone/Broadening Wedge Pattern otherwise known as an Ichimoku Y-Wave Pattern. Take Note of the Liquidity...
We have what looks like Hidden Bullish Divergence with the Price and the RSI indictor on this BTC/USD 1D chart. We can also see that we have 2 liquidity voids that need filling up so a further drop is also a possibility.
Hello dear friends, do you think gold will increase or decrease today? Gold is currently holding well at its recovery level since it last dropped to a low price of $1810. It is currently trading steadily at $1860 - $1861. On the 4-hour chart, we can observe that after the Bollinger Band narrowed at $1822, it has expanded and the upward trend has been...
Hello smart traders! In today's analysis with excellent insights from Trading View, we can observe that gold is currently moving steadily within the body of the Bollinger Band with an expanding trend. Additionally, the Fibonacci measurement indicates an upward trend with price levels targeting 1839 USD and subsequently 1862 USD. If you find this information...
Not many if any definitory positions. This week in the market is very important in determining the direction of the mid-term. Current state of the market is ranging and thus trend following systems cannot be used. SDCA in place for the long-term.
Here is a closer look at the BTC/USD 1 day chart: At the moment of typing this BTC/USD is ranging sideways within the range of around $31,479 and around $29,627 as highlighted by the Horizontal Dotted White Lines with Yellow Shading. BTC/USD is in a Ichimoku Y-Wave Pattern otherwise known as a Broadening Wedge Pattern or a Megaphone Pattern on this 1 day...
📉 The Basics: Bollinger Bands consist of three lines – the middle line is the simple moving average (SMA), while the upper and lower bands are set at a certain standard deviation from the SMA. They act as dynamic support and resistance levels. 🌟 Long-Term Perspective: Bollinger Bands are highly versatile and well-suited for long-term investors. They provide...