We're eyeing the Fair Value Gap at $136 👀 Solana seems to be maintaining its position well above the Monday Low and the $130 mark. Additionally, the Point of Control (POC) should provide substantial support here. If not for BTC's fluctuations, this could be an ideal setup since we are stabilizing at wave 4 around $118.77 - indicating potential for an uptrend.
I'll feel more confident about a potential uptrend if we can surpass the ~67k mark, where Monday's high range lies and from which we were rejected on our first bounce. If not, we're likely to continue experiencing volatility in this zone, potentially dipping to yesterday's lows around 61.5k. The 60-59k range—a critical support zone, that should mark the end of any...
Price has correctively reached an important medium-term support zone , which is further reinforced by the presence of the 200EMA. Additionally, we observe that the price has taken out liquidity from the low and formed what appears to be a double bottom pattern. These indications suggest the possibility of a bullish continuation move, potentially driving...
A dark cloud hangs over the seemingly sunny skies of the stock market. The culprit? A valuation metric known as the CAPE ratio, which is currently hovering near its third-highest level in history. This has some investors spooked, whispering fears of a potential market plunge. But is this cause for panic, or simply a cautionary sign? The CAPE ratio, or cyclically...
The plan for ETH, Wave 4 should be completed now after the Buy Side Liquidity got grabbed and a continuation sell off occured. Anticipating an Change of Structure (COS) and a supply breaker. Going to bid the retest above Monday High. We shouldn't be falling below the current wave 4 at $2791 I am going to send out more Low Time Frame (LTF) thoughts and setups in...
reason market structure bearish break of structure fair value gap
Last week was marked by the aggressiveness of sellers and the resilience of buyers. On Monday Buyers were ideally positioned for another break out but they didn’t have enough steam to accomplish it. Sellers, long awaiting their opportunity, pushed the price down, breaking the weekly support. However, they couldn’t develop this into something more significant, as...
reason market structure bullish clear fair value gap break of structure
The price visited below the npoc level as I’m pointed before. From this point I’ll look for one more LH to drop to the VAL and then it can go to the pWO / purple box zone.
reason break of structure fair value gap market structure is bearish
due to multiple break of lows happening on the euro/usd its indicating a strong bearish momentum i will be waiting for a pull back to the supply zone for me to take advantage of another run to the downside
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Next Resistance level - 75 Support level 64 Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented...
CAD JPY trade set up, Trade confluences 1 Bouncing from a support level 2 Higher Highs and Higher Lows are currently forming so we are only looking for buy entry at the retest of the broken HIGH key level.
Reason: market structure is bearish break of structure fair value gap
Price had a rejection from a monthly level of supply. Now here I will be looking for the pull back or retest for another bearish wave into 190 or lower!
Reason market structure is bullish fair value gaps break of structure
we had a market structure shift (Ch) that could tell us that silver might be bearish aswell as there are a lot of imbalances to still take after price moved very hard without pullbacks. I also see that we broke some 4H trendlines as an extra confluence. For now i will be waiting for a Break of structure to signal that silver wants to go down. this is just a...