$ONE looking strong. Previous breakout measured moves still available, targeting the $0.27-$0.32 range. BTC needs to continue behaving though. Dotted white horizontal rays mark some potential DCA long opportunities, should we get a stronger retrace. Leveraging carefully - If we head back down into the white channel ("flag"), things could get a little heavy. ...
This week might provide a slight correction from last's week aggressive down move in EURUSD. As the downmove happened last week, the monthly EMA was pierced and M candle closed below it. This indicates the path towards 1.1500 is well and truly open to be tested. Here we currently look at the 4H chart for this pair. a possible head and shoulders developing on 1H...
A quite broad analysis based on 4hr and retrace with current market. Please view this as an idea, and do your own TA please. If you have any questions, feedback or expansion on my idea, please let me know. All the best --
USDCAD at resistance daily and making retrace to support at H1
Fellow traders, Contraction of volatility, BBands squeeze on 2day chart indicates that a large move is inevitable. Confirmation 6day chart on the right side of the screen shows bearish momentum. It looks like soon we’ll see BTC at 40k, or lower. The upcoming golden cross may be a fake out. All this will be invalidated if price action manages to stay where it is...
USDT Dominance measures USDT market cap against all other coins. While not as potent as BTCD or TOTAL2, it can be a helpful indicator to know what traders are doing, as many of them use USDT over fiat. Obviously, when BTC sells off, USDTD spikes. Based on a little TA, we might expect a relief rally for the market soon. USDT is basically at resistance, but it did...
Watching for a break out of the orange zone, Bullish price targets in green, bearish price targets in red.
seems to be a rinse and repeat situation.
Hello all, SOL has been on a pretty solid uptrend recently. The coin last bottomed at $25.5 on 30.05 and since then has rallied more than 70 percent to the area above the $40-$42 resistance zone. If we zoom out we will see that on the Weekly timeframe the SOLUSDT pair respected the long-term uptrend and did not allow a break blow the 21-period EMA perfectly...
USDCAD has been accumulating around the 1.20 area for a while, we look for a long to 1.22500 1. Even though price is in a strong downtrend it has slowed significantly and is getting ready for a retrace 2. Buy volume has been increasing 3. USD is finding support and strengthening confirming our short term bullish bias This is not financial advice. This is for...
While we have been getting some recent relief on lower timeframes, bearish ideas still outweigh the bullish, unless BTC manages to break and hold above 40k. The simplest and most significant indicator for further downside is that volume has gone down during this recent recovery. On chain analysis shows that as of a few days ago, long term hodlers have been...
As per analysts the daily descending channel has been broken out to the upside and price has entered the new parallel channel. Price stopped growing after approaching to the new channel’s middle line which acts like a resistance level sometimes. CCI is in the overbought area and shows a negative regular divergence: although price has risen, CCI is making lower...
We are living through the greatest economic expansion in American history. It has become very clear to me that the stock market is no longer a measurement nor reflection of the health of the "real economy" where average everyday people make their income. If it was then the federal minimum wage should be over $30 an hour compared to economic gains our economy has...
This is a May 16 update to my parabolic-turn-around idea originally published May 5 (and updated May 12): Well, this does appear to be happening. Should you be uncomfortable with my $34,300 target for BTC, may I remind you that a short 14 months ago, its price was $3,782. That’s not a typo. The price was $3,782 (not $37,820). And may I remind you that large...
Weekly momentum red after weeks of green. Elon selling ending bullish talks about institution buying. Retest of $20k still maintains bullish HTF bias. "No way" mentality on this one.