Hello Traders! CTDave here again with another daily price analysis chart. Today I will be analyzing ETH. Ethereum printed its 10 red weekly candle. What's happening? Ethereum is currently in a downward channel and it has witnessed a record of 10 red weekly candles. The red and green areas are areas of support and resistance. The blue arrow indicates my opinion...
The Tweezer Top pattern is a bearish reversal candlestick pattern that is formed at the end of an uptrend. It consists of two candlesticks, the first one being bullish and the second one being bearish candlestick. Both the tweezer candlestick make almost or the same high. Example on this chart APE/USDT
What if BTC volatility keeps increasing and the new quarterly candle becomes a big rally? 23 days left from the time of writing. Why would the volatility increase? Because this is BTCUSD chart and the USD is flickering between a world reserve currency and worthless junk. So it makes sense that the volalitly is increasing as the market runs to USD for safety but...
Bitcoin has just closed for the 4th time in history with a 5 declining candle a week in a row. The last time such a situation took place 7 years ago. We've never had 6 weeks of a downtrend. There is an opportunity for the statistically probable closing of the week in positive territory. It means a high probability of winning the LONG trade this week. The last...
Hello, welcome to this TOTAL MARKET CAP 1 DAY chart update by CRYPTOSANDERS. I have tried my best to bring the best possible outcome to this chart. Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis. CHART ANALYSIS : As we can see at the above-mentioned...
Above all moving averages, inside candle, high wave plus volume. Worth 1 risk unit
Trade Proposal: There is a probability of first tp to the proposed ( 135.775 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals. Technical analysis: EURJPY is in Downtrend and It is Expected to Continue Downtrend.
nice scalp on nvda 44% return, compression candle. 15min plus the 2min with the 30 sec time frames.
Ethereum is forming a very bullish structure on the daily chart. The second-largest cryptocurrency has made a robust weekly green candle as well. As discussed in the March 17th analysis, confirmation of the reversal of the downtrend would be considered after the price crosses above the static level at $3300. Looking at the weekly candlestick at the end of...
--Educational Purposes Only, not Trading Advice -- Seeing as today's candle had long wicks, I decided to investigate whether there might be a reversal on FRGI. The Volatility on FRGI has stopped increasing so fast today, similar to 26 Nov '21, 29 Dec '21, and 19 Jan '22. This leads me to believe that there is a possibility for a reversal if the Volatility...
The unsuccessful attempt at turning up on Friday augurs poorly for next week's action. I think the BIG MONEY exited at the first of the year and now the professionals will attempt to wring out the rest of the 401K money.
this is the second investment trade I would try to take highly recommend you to not try to trade with the money you cannot afford to lose this is not financial advice its just my opinion as a day trader
as you can see BTC is rejecting support and also red candles are being more and more weak and green ones are getting more power full also we have a great power full green candle right at the edge of trend line
still long even if it break the 60k level , 52 k is the safest buy
Hi Traders, Please see one of our latest ideas on AUDUSD . See below for more in-depth understanding and further details. RL from RT_Trading
BTCUSDT just touched my target. When Bitcoin was $44500, I shared the chart that Bitcoin would soon touch $61340 and here it is. You can check my profile and find the chart.
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for CADJPY, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Buy level reference based on failed bearish pinbar at daily timeframe.