Evening traders, Today’s analysis – TLMUSDT – trading towards a key level of support where a bounce is probable, Points to consider, - Price Action Corrective - Local S/R Support (.618 Fibonacci Confluence ) - Swing High Objective - Low Volume TLMUSDT’s immediate price action is corrective and is trading towards a technical trade location that has...
Evening Traders, Today’s Analysis – SFPUSDT – trading with a potential trend trade if current support holds. Points to consider, - Price Action Corrective - Local S/R Support - Swing High Objective - Low Volume SFPUSDT’s immediate price action is corrective and is trading at a trade location that has technical confluence with the current 200 MA,...
Evening Traders, Today’s analysis – IOTAIUSDT- trading at a local resistance where a pull back into support is probable, Points to consider, - Price Action Impulsive - Daily S/R Support - Low Volume - RSI Neutral IOTAUSDT’s immediate price action is impulsive, a corrective into the Daily Support allows for a bullish entry. The current volume profile is...
Evening Traders, Today’s analysis – LITUSD – trading in a local down trend where follow through is probable, Points to consider, - Price Action corrective - Local OB S/R Resistance - Daily S/R Support - RSI Divergence LITUSD’s immediate price action is corrective and is trading under a Local OB allowing for a bearish bias. The Daily S/R is the...
Evening Traders, Today’s analysis – BTCUSD – trading in a local channel where a run of the lows is probable, Points to consider, - Price Action Corrective - .618 Fibonacci Support - Channel low Support - Low Volume BTCUSD’s immediate price action is corrective and is approaching an area that has technical confluence with the .618 Fibonacci and Channel...
Evening Traders, Today’s analysis – YGGUSDT – trading at its range low where a rotation to the highs is probable, Points to consider, - Price Action Corrective - Range Low Support - Range High Objective - Volume Influx node YGGUSDT’s immediate price action is corrective and is trading at range low, allowing for a bullish bias. The range high is the...
Evening Traders, Today’s analysis – CHZUSDT – trading and a key trade location where a rotation back to the highs is probable, Points to consider, - Price action corrective - Bullish OB Support - RSI over-extended - Swing High Objective CHSUSDT’s immediate price action is corrective and is trading at a key trade location that has technical confluence...
Evening Traders, Today’s analysis – SANDUSDT – trading at a key trade location where technical confluence is present, Points to consider, - Price Action Corrective - Daily S/R Support - Weekly S/R Objective - Low Volume - Trend SANDUSDT’s immediate price action is trading at a key trade location that has technical confluence with the Daily S/R, and the...
Evening Traders, Today’s analysis – ILVUSDT- trading in a clear falling wedge pattern where a break bullish is probable, Points to consider, - Price Action Corrective - Local S/R Zone Support - Local S/R Resistance - Low Volume ILVUSDT’s immediate price action is corrective and is trading at a key trade location that has technical confluence with the...
Evening Traders, Today’s analysis – SOLUSDT – trading at a technical trade location where a bounce is probable, Points to consider, - Price Action Corrective - .618 Fibonacci Support - VWAP S/R Support - Low Volume - Daily S/R objective SOLUSDT’s immediate price action is trading at a key trade location that is in technical confluence with the .618...
SOL has wicked into the 78.6% zone, came back out and hasn't been back yet. It looks like we may get a retracement back to the zone. We have a low that is lower than price has been since Dec 10th. If price does retrace, that would be a place to look for an entry.
I need price to make a lower low or a higher high. It recently visited teh 78.6% zone again and went out but has not been far out of the zone this time. It's almost there again so maybe this time it will fall through. I would wait to see what price does before trading ETH at this time.
DOT has broken down out of the 50% level twice but the 61.8% seems to be holding pretty well on the daily. For that reason, I am only showing the relevant part of the chart in this image. It does not look like price is going to drop below the $26 level. It has been there twice in the past few days. However, we are looking for a higher high around 31.65 before I...
BTC is nearing the 78.6% zone again. It already retested it once. We don't have a lower low yet. That would be a good indication that price is still coming down. If we get a close around 46k that would show some solid downward momentum. Otherwise, price may just go right back up.
I am using the Daily chart because the Hourly does not give a good picture. Price is currently back in the Daily 78.6% zone. It is falling again so the entry may be found on the lower time frames. Look at the M30 or M15 for a good entry. Price went past the 88.6% level and then came back into the zone, went pretty high up into the zone but did not make a new...
GBPJPY bearish movement seems unable to penetrate the strong support. GBPJPY made a base around strong support which indicates the price had big chance turning into a bullish move. A bullish negative divergence is also seen on the Stochastic Indicator. I predict the price will reach the area of 151,570 - 152,217. Because there is a small resistance and the...
I predict CADJPY will make another major bullish move, after the price reaches the golden ratio Fibonacci area. You can also see the Bullish Hidden Divergence seen on the stochastic indicator. I predict the price will reach a strong resistance at 91.310
Evening Traders, Today’s analysis – BTCUSDT – trading at a local area of confluence where a rotation to the highs is probable, Points to consider, - Price Action Corrective - Bullish OB Support - .618 Fibonacci Confluence - Swing High Objective - Trend BTCUSD’s immediate price action is corrective and is trading at a technical location that has...