As we can see $INBX "ping pong" between is "R"=resistance and "S" =support levels Im the case he break is support we got a high chances he will retrace to close his gap or a t least check the gap horizontal support line there is no structure in the way down but recent candela from the prior month shos the move down need to be execute quickly Final notes Take...
Why because i belive we are in a BEAR Market simple.
Hello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price has fallen below the local uptrend line. Let's start with the support line and as you can see the first support in the near future is $16919, if the support is broken then the next support is $16825, $16688 and $16512. Now let's move to the resistance line, as...
Hello everyone, let's look at the BTC to USDT chart on the 1D time frame. As you can see, the price from the fall after the problems with the FTX exchange moves sideways, we can also mark the triangle with yellow lines that BTC must keep and go up. Let's start with setting the support and as you can see in the first place we have a support zone from $ 16931 to $...
Hello everyone, let's look at the CHZ to USDT 1 day chart. As you can see, the price has been moving in the downtrend channel for a long time. As we can see, we have marked two support zones, the first short-term zone is from $0.1446 to $0.1028, while if the price goes lower, we can see a drop to the second zone from $0.0487 to $0.0279. However, if the market...
The market is probably ready for a pull back - but at the same time VET is (soon?) ready to break the long weekly downtrend. I think the risk reward "Long VET" right now is fantastic. See where the pull back take VET, set a stop loss and then ride. Hopefully you can use the trend line in the triangle as a support. Weekly close for VET could be a nice starting...
The daily zone is really strong! I'm not sure EUR could break it up! However, the fundamental news could be effect the market but in the short-term we could see a bearish move around the little zone!
Now 56.75 if Break Out Above 58 Next Swing Exit 68, Medium Exit - Hold Risk Below 55
take a look at where price currently is sitting on and the long term resistive cluster around price... price at the moment is testing a bearish weekly channel resistance line and also at weekly high which means if the downtrend in weekly scale wants to resume price cannot close above this high. although that price can whipsaw above it but it can't close above...
A beautiful view of a pentagon, if you like Geometry you'd probably like this chart, if you like time, you'd probably like it more. If you know about the Square of 9 Angles, you probably understand how beautiful this chart is. Market is random and uncertain, but that randomness is well organized or that's what they say. Just wanted to share this, for fun, let's...
Current Macro Environment is very bearish: Inverted Yield Curve :> showing that Market Participants are forecasting that rates are being cut in the future Purchasing Manger Indexes are at contractionary levels - combined with the current situation in the money market - I do not expect that the real economy is going to relief from here Current Technical...
Yes bank is looking good. SL 12.25 Buy abv :19.90 trgt : 32
If China's protests continue, any economic restrictions or sanctions for China can be fatal for Aussie and the Euro. Also considering the weekly chart we are around a strong resistance! I like to be more prudent taking long around the level
By a long-term look at the chart, the bearish channel is obvious. I think it's soon for EUR to recover! It seems that currently the Fed does not intend to stop the interest rate increase policy. Recent weeks may were just a correction. As long as EURUSD is under 1.07 and over 0.85, this analysis is valid, I consider a little bearish bias in long-term analysis.
BTC printed massive 2-years falling wedge And no one is talking about it ,we need some more time to spend inside it ,but once price breakout the falling wedge resistance …new bullcycle will start The bottom seems to be located in the confluence between : - target of double top ( bearish patten) - lower trendline of falling wedge According to many indicators We...
On the chart we can see the price is currently overbought. The three indicators are suggesting the price is in overbought condition and is likely to go down. This is a short-term setup and the profits could be taken at the target. The three indicators used are Bollinger Bands, RSI and Stochastic. See all further details on the chart. Goodluck!
As you see the #BTC Chart, We have been in a Down trend for almost a year . In High time frame , in this case Weekly, we are moving down with a weekly compression, you may call it a wedge. In my opinion, We are gonna complete the down trend in a 3Drive Style, Touching Monthly Demand (12K - 9K ) . The Demand is so powerful that pushed the Bitcoin Price to 60K...
A great opportunity for DCAing on Solana ! Remember, “the time to buy is when there's blood in the streets.”