Hi. BINANCE:NEARUSDT 😊Today, I want to analyze NEAR for you in a WEEKLY time frame so that we can have a Mid-term view of NEAR regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). NEAR is testing the s/r zone on weekly timeframe🤔 ✅ Due to the Ascending structure of the chart... - High...
confluences: overall market dump bearish pivot s/r flip bearish .618 bearish break of structure exits: range POC LIQ HUNT expecting a HNS/choch after reaching ote zone
EURCAD has respected the previous SR zone of 1.46 and is now moving back down to the 1.38 zone, the move should be clean and fast.
Coinciding with talks of recession, the Baltic Dry Index (which can be thought of as the cost of international shipping of primary goods and so an economic indicator) is approaching the lows seen during 2020. With a 60% drop left to the 1D Cosmic Channel Lite support and Cosmic Markers Lite not yet flashing the strongest support signals the prognosis is...
1D price rose close to the max Cosmic Bands resistance, potentially forming a new Cosmic BB SR level. Statistically this would be a point of reversal but max resistance has not been reached on higher timeframes and it may be a good idea to wait for bearish confirmation.
SPX price has risen to high-maximum resistance on multiple timeframes while showing few bullish signs, suggesting a drop is likely. The short target is set at the extrapolated 1W Cosmic Gravity resistance channel top.
The neat thing about Cosmic Flow is that is lets you use one MA period for the resistance and another one for the support. Here we used the HMA with 50 bar resistance and 100 bar support to recognize a repeating pattern on the 1W chart, in combination with the Cosmic BB SR indicator. While these two indicators show that the price is now more bullish than it...
While according to the 1D signal the price should reverse back up, the other timeframes suggest that the bearish trend may continue at least until the Cosmic Bands S1 line, where the short target is set.
The chart points paint a bullish picture although the price is just above support levels on the 1M and 1D timeframes. The long target is set at the next extrapolated 1M resistance and the stop at the 1D basis line.
By combining the levels show by the 2 indicators Cosmic Flow and Cosmic BB SR it is possible to forecast the amount the price will drop (or rise) as shown with the vertical red arrows. The price is currently at a level it consecutively tested twice and were it to drop further a rough estimate for a short target using the current trajectory would be in the...
The 6h, 1h, and 15 minute timeframes show the next concentrated support to be at $100.7 (thick red line), while the next minor 1D timeframe support lies at $100.1. The price hovering below the current 6 hour Cosmic BB SR support suggests further downward momentum.
In this market, I see 2 suitable positions to enter, which I have explained in the chart. It is better to wait for a suitable entry trigger in the lower time frame (H4 / H1) in the ranges I have specified for entry, then enter the position. Of course, there is no certainty in any analysis and these signs help us to increase the winning percentage of our transactions.
In the specified area, the possibility of price reversal is high. 1. Back to the broken area 2. FTB 3. 61.8% Fibonacci 4. Back to Base Zone in DBD 5. Reward: 7
The two signal points marked in the chart suggest the current drop still has some way to go until either a Cosmic BB SR support level is formed or the Cosmic Angle value approaches zero.
GU is such a perfect short right now Hitting previous SR levels - poised for a test of previous lows and a triangle formation This thing is set for a nice trade!!!
USDCAD has performed well recently, but is hitting a daily resistance level for the third time. The next support area is around the 1.32 level and makes for a nice short opportunity. Simple support and resistance trading with clear entry and exit positions.
GU is absolutely primed to short and re-test the 1.06 level With the pair retracing, its setting up for the perfect short and coinciding with the long term trend. The trend is your friend on this one and lets see the 1.06 level re-tested.
With the daily close of 1 May, with 90% confidence, we can assume that: BTC TOP is going to be around 40k BTC BOTTOM is going to be around 37k Since the opening of the candle we can see that slowly the market moved in the long direction, approaching the 39k area Our moving average rating, gaves us a LONG entry on 15 min at the beginning of the daily...