Bullish divergence on the Relative Strength Index (RSI) indicates a promising outlook for BINANCE:COTIUSDT , suggesting a potential uptrend in the near future. This divergence typically occurs when the price of an asset moves in the opposite direction to the RSI indicator, signaling a potential shift in market sentiment. Moreover, recent price action has shown...
Hello guys, don't forget to like, subscribe, follow me on all socials and share with your mates, so they can make money like you want to as well 😆😆😆... anyways.. Based on the chart, Bitcoin after sometime mooning, we needed a place to detour, correct and then continue mooning, so we can get to mars. So, we have been in a correction cycle where an WXY correction...
Hey Traders, in today's trading session we are monitoring DXY for a buying opportunity around 103.300, DXY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 103.300 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring USOIL for a buying opportunity around 76.30 zone, USOIL was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 76.30 support and resistance zone. Trade safe, Joe.
Week that ends with a candle of indecision, the price after a two-week ride has found a level on which to rest. The market is currently recharging its batteries for the next attack on the resistance at 58k USD, which I consider to be much more important than the one it stopped at this week. A scenario that seems to be taking hold when looking at the data on...
Hello,Friends! Previous week’s red candle means that for us the EUR/NZD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 1.759. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! The BB lower band is nearby so VIX is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 14.49. ✅LIKE AND COMMENT MY IDEAS✅
Here I have EUR/GBP on the 1 Hr Chart! Price had made two very equal lows on the chart but closer look on the RSI indicator and you can see Price really is losing is Bearish influence and is looking to possibly go Bullish!! This strong reversal pattern called a Double Bottom makes me believe we could see Price push Higher after it broke out CONFIRMATION of...
Visa (V): NYSE:V Visa , a key player in the financial sector, is currently in the overarching cycle of Wave (5). It appears we've concluded Wave (4) at $174.60 and are on the path to finalizing Wave (5). However, this process will take some time, as we are now in a subordinate Wave 3, which is on the verge of completing a circled subordinate Wave...
ETHUSD LONG IDEA IF daily close is above 2981.33 i can see further upside to: 3577.41 i have entered as of from 2981.33but to be safer id enter again at that mark if daily close is above it. ENTRY: 2981.33 TAKE PROFIT: 3577.41 stop loss: 2722.16 again where i have entered is failry risky. but the target is: 3577.41
Celestia is a project I am keeping a close eye on and is one of my favourite picks for the next 12-18 months. "A modular data availability network making it easy for anyone to launch their own blockchain without needing a validator set. Modular blockchains specialize and optimise to perform a specific function instead of one blockchain doing everything. The...
Hello,Friends! We are going long on the SILVER with the target of 23.184 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Hey Traders, in the coming week we are monitoring AUDCHF for a buying opportunity around 0.57800 zone, AUDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.57800 support and resistance area. We would also like to consider the current easing inflation in Switzerland which could trigger some CHF weakness in...
We're kidnapping a little profit from what's been the most leukemically paced reversal in some time.. It's like Bitcoin's a little more on-spectrum and has developed a love and fascination with 52k.. No leaving!! Bitty stay.. Oh Bitty.. ////////////////////////////////////////// // Pro tip! Note that when trading against the trend, it's important to wear...
DOTUSD BULLISH LONG LONG FROM (NOW): 7.749 consolidation area 1: 7.557 - 7.906 consolidation area 2: 10.843 - 11.838 TAKE PROFIT: 11.814 i will be waiting for this to continue to: 14.088 but for now, SL: 6.512 entry:7.749 take profit: 11.814
In the upcoming week, our focus shifts to USDCAD, where we're eyeing a potential buying opportunity around the 1.34300 zone. Currently, USDCAD is entrenched in an uptrend but is undergoing a corrective phase as it nears the 1.34300 support and resistance area. Adding a fundamental layer to this analysis, recent hot CPI and PPI data in the US underscore the...
After an incredibly Impressive 25% Run btc is channeling on the Fib Line .786 It looks to have made a tripple bottom on the .78 as well on the 4 hour time frame. It Looks Like We've Had Our Drop and we're starting to continue back rushing to that all time high as there isn't enough selling volume to really convince me that it's going to keep pushing down any...
Hey Traders, in today's trading session we are monitoring USDJPY for a buying opportunity around 149.800 zone, USDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 149.800 support and resistance area. Trade safe, Joe.