So far gold dropped nearly 8% from the new ATH without any significant pullback, bringing a lot of money to market makers, who created the fake move. At some point a pullback should happen, but it's hard to tell when. The first structure support at 2000 was already violated today and we reached to 50% retracement within a really short period of time considering...
Shorts have been getting their pants pulled down for too long :) We may have reached a point where a pullback may be necessary and even healthy. (Some coins will still do well of course, but will be fighting the general tide of the market) Included a couple zones where could correct to.
The third encounter with the weekly trend line and the possibility of failure according to the RSI divergence. After the break and the Pull-back, enter the LONG postion.
On week chart I figured out the Impulse Wave has begun from $15,4xx and now it's been happening the fifth wave with target around $40,000 and can be further at $42,000. You easily spot the strong Valid Breakout happened around $31,300 within volume higher 130% Avg. Vol 30 days and now, it will retest or keep up climb higher and higher cause the bullish...
The market is very overbought. Pullback is a matter of time. As Christmas holiday is coming not sure if it happens in Dec or beginning of Jan. 4330 previously was a strong resistance so I’m expecting this it become strong support durrring market correction.
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Low volatility is good for the market, but extreme low volatility is not As you can see, a lot of times where the TVC:VIX crossed 12 from below it signaled a correction within a bull market And is not just the VIX, there are other breath indicators that are converging at levels that usually signal correction I normally track the % of SPX stocks above their...
Gold found support in 1995 and formed a double bottom. There is a chance that the price could rise to 2020 today, which is the key level considering a bigger pullback towards 2050 or more direct movement to lower prices in the 19xx region (explained in my last analysis). The break of the asia session high will confirm the double bottom pattern, but because of the...
The price of Galla currency, after breaking the mid-channel line and receiving a pullback, is ready for an upward movement towards the intersection of supply and the channel ceiling. If the price stabilizes below the demand, the analysis has failed.
On 4H TF Bitcoin is supported by Ascending Trend Line and it's also in Fifth Wave with target $40,000 Supporting Zone around 35,9 - 35,3K Now, wait for next move
Hello enveryone, We have identified a strong long signal on the 4-hour chart for Crude Oil futures. This trade falls under the category of a swing trade, with dual targets: the first at $80 and the second at $82, expected within the next few days. IBROURI ABDESSAMAD
Hello Traders ! On The Daily Time Frame, The NZDUSD Price Reached a Strong Support Level (0.58138 - 0.57406) The Price Formed an Inverted Head and Shoulders Pattern. Currently, The Neckline is Broken. So, I Expect a Bullish Move📈. i'm waiting for retest... ----------- TARGET: 0.61030🎯
I just bought puts as shown. This is a strong pivot point. I think is going to pull back at least to the next support at 75.35 within a week.
Hello Traders ! On Tuesday 14 Nov, The CHFJPY Price Broke a Resistance Level (167.890 - 168.422) The Price Pulled back To Create a New Higher Low 📈 So, I Expect a Bullish Move. i'm waiting for retest... ----------- TARGET: 170.230🎯
On day chart Render Token hit Supply Zone that is also the 2.0 Fibo Channel in my last idea. First sign, RNDR failed at 2.6 and can pull back to Support around 2 this zone is good to join You can trade on lower TF Wait for next move
Price has finished consolidating and is starting to break up. Good pullback to enter in a long position, with the weekly + daily+ 4hr up trend. Target next major resistance zone.
US Equities could be on a leg to the downside backed up by 3 weeks of heavy selling. Not quite, but almost a double top.
On week chart Chainlink Unstoppable! After breakout Descending Trend Line and keep going up to 16.6 before pulling back now. Chainlink has signals RSI Overbought, ADX > 30 for strong strength. Pullback is good time to join the race with LINK. In my view, LINK can reach to at least 18 and further 27 Time will tell