Dear Traders,
First small bullish correction and then drop towards $2500 region, which will remain a key area for most of the institutional sellers. We also need to have different bias, where price may not make any corrections and just continue dropping from current area. Good Luck and Trade Safe.
My bias for US30 has turned bearish due to the recent Wyckoff distribution that unfolded on the higher time frame, validated by a change of character and a break of structure. This confirmation prompts me to seek selling opportunities to support the downward trend.
I will be targeting sells around the 20-hour supply zone, which recently triggered a Break of...
UNI has been trading in a large bullish flag pattern on the daily timeframe. The price has been respecting the boundaries of the flag and making lower highs and higher lows. However, the price has recently failed to react to a break above local highs, indicating weakness and a possible further decline.
The bullish flag:
The bullish flag is a bullish continuation...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 BTC has been overall bullish , trading within the rising channel in orange.
Currently, BTC is in a correction phase, approaching the lower bound of the channel.
Moreover, the highlighted red zone is a strong demand.
🏹 Thus, the highlighted blue circle is a strong area...
As we expected bitcoin made a new all time high $73000 area and collect the liquidity over the last ATH $69000.
price is in a trading range between $60000 / $74000.
New flag limits are marked on the chart.
Bitcoin is forming a wyckoff structure and if it ingulf $58000 / $61000 demnad zone it will confirm the structure.
If the WYCKOFF structure is confirmed,...
CRYPTOCAP:BTC has a strong bearish resistance line just above. We should get another rejection off the line and then downward movement. This movement should be halted around top of demand zone (65600) with ultimate support @ 65300. Will be a solid play to enter long from this price point.
Bitcoin is currently experiencing a drop in value, and there is a growing concern that the uptrend may come to an end. As a result, it is expected that the price will continue to decline until it reaches the 60,000 level, where it is anticipated to gain new momentum. It is important to take advantage of this bearish correction, but also be cautious when trading...
Hello traders, I hope you are doing well this week. Based on my analysis, the Nasdaq is currently sitting at a support level. However, if the bottom is formed above the expected low bottom, we may see an upward trend.
Based on my analysis of the USOIL market, it seems that the trend is still strong and there is a consistent demand for buying. In order to avoid losing your money, I would recommend focusing on buying deals only. You should wait for the price to return to the support level, and even if it reverses, you should still consider buying. Remember to always follow the...
Ethereum Bullish
I am not a financial advisor. This is not meant to be and does not constitute financial, investment, trading, or any other types of advice or recommendation.
Potential short opportunity from this supply zone on EURCAD if price were to pullback and fulfil the imbalance it has left behind. We are in an overall downtrend on the hourly timeframe, so for me, I'm on the lookout for selling opportunities. I like this supply zone because it has created a break of market structure to the downside which tells me it is a strong...
My perspective on EU is to anticipate its bearish trajectory. With recent downward structure breaks and its arrival at a demand zone, I foresee potential failure to breach deeper levels or ideally a retracement to touch either of the two newly marked zones at points (A) and (B). Following this, I'll be on the lookout for a wyckoff distribution to initiate selling...
EURAUD rebounded strongly from the area around 1.66120. It has been confirmed that it will continue its downward trend and any correction is expected to be short-lived. Therefore, a sell deal is recommended. Good luck.
USDCAD has completed an upward trend and is now focusing solely on sales. Wait for a correction before considering selling. Do not think about buying. Wait for the right time to sell. Good luck.
