After a nice stage4 with a nice 16% drop, is time for accumulation (stage1) until next move. The range for this stage should be between $20k and $19k.
As far I can see this is not over yet. $19k ish still my target. - Confirmed Reversal - 🔴 Dot - Bearish trend bar - Track Line turns red - Track Line bounce -Squeeze breakout + Weakness arrow
Possible model of the market movement with some triangles and divergence. the price movements are color coded from red (unlikely)-green PM me for questions (@Sadesguy)
As shown with the trend lines, Euro is depreciating against the US dollar. Analysing the DMI, the spread between the two primary lines is large and the average directional index is around 38 hence, the trend is strong. We are expecting the EURO to bounce off the bottom of the channel and decrease after reaching the upper trend line.
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This analysis is not intended to be a piece of financial advice. BTC/USD is about to break the channel to change the course, but there remains a risk of being overbought between 21.7k and 23k area. Would be mindful to trace and place limit sell whether it's a bull trap or reverse-course trap. The indicators are tending to say overbought in a daily trade setup,...
I don't use indicators until I already have the set up. I THEN pull up key indicators for confirmation. When they all line up. Believe it! Always trust your trade set up. Never Over Leverage. Have Fun! I Am PRO TRADING MADE SIMPLE.
I think LMND is in a large inverse fibonacci pattern, with the lowest possible being this 618 extension. Any extension lower would put the stock into the negative, so by default, I believe the 618 is the lowest. I believe some consolidation was needed after hitting this extension because the price needed time to get around the MA on the larger time frames/MA's to...
Pi cycle indicator will predict the bottom like the top? I think its possible. For who dont know Pi cycle indicator is made for bitcoin and for a long time its always predict the bottom and the top price of each cycle.
$BNB has been lost over 73% since November 2021 and the candle just broke out the triangle/down trend line. What might be the next? If the next candle open-close completely above to down trend-line, Binance may reach again $257.2 level this mean we may earn over 10%. Our Risk/Reward Ratio 1.15 and we haven't received buy signal(s) from our robo advisor...
This was an interesting find using the EMA on Implied vol indicator. Looking at the technicals below the bar chart price has rallied 3 out of 3 times when this has happened during oct 2021 and April 2022. Along with the rallies have come the sell offs unlike the rallies the black EMA and the vix fix line track each other as the market sells off causing the red...
As you can see, the candle closes below the blue line, which is a sign of further decline to the green support zone .
So in this post I am going to show you an indicator you probably have never heard off and that is the relative vigor index, here in the chart I have shown a few examples of how it can be used for confirmation, It can either be used to spot hidden divergences or used for when price pullsback to a moving average as a tell tale sign the market is ready to continue...
Quite honestly I don't see any signs of reversing the current downtrend situation. Maybe a pump of relief and down again. This can take weeks or even a few months. Let's hope for the best but given the current situation in the world, at all levels, I have my doubts.
Here's your weekly update ! Brought to you each weekend with years of track-record history.. Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
Not a piece of financial advice. We are awaiting a clean signal that is expected to flash anytime soon should the market prevents itself from going south. We have already entered the bear market this season. Hope the Bollinger Band signal does not fail this time. Therefore, no rush here to enter the trade. Interestingly the RSI/Stoch suggests the bottom has been...
Okay so here we have a daily chart for XAU we can see price is under the ema89, price has been ranging sidewards now since 16th May, so we need eventually for the pressure to build and a forceful expansion happen, the daily candle printing in 33 mins looks very bearish and we could look to take sell trades and attempt to sweep the longs in the market, as Interest...
Decentraland barely not sinking The metaverse altcoin, which was trading at $0.9085 during press time, noted a 7.73% spike over the last seven days. This price appreciation might seem like a solid opportunity for investment. However, we should not forget that it is only on a micro-scale. On a macro-lense, MANA is far from recovering. What our chart telling...