Traders, Just browsing through the charts this morning and thought I'd throw out a trade opportunity. There are many but Matic looks especially juicy here. Of course, it's always a bit risky before a FED meeting/press conference (i.e.- Jackson Hole) but I am not offering trading advice. I just wanted to show you one of the many opportunities I have spotted this...
Yes, I know. The altcoin market is very nervous. And rightfully so. But Defi does especially well comparatively when regional banks are faltering. Right now, regional banks (KRE) are moving down and becoming weaker once again. Could we see more defaults? Probably. But this isn't about regional banks is it. We're looking at JOEUSD, a nifty little Defi play. So,...
Sorry for the clickbait title but I am feeling the vibe on this one. I know, I know. Targeted by the SEC as a security. But, on the other hand, one of the tokens legalized by the Hong Kong market. Outside of debates regarding fundamentals, let's dive into what the technicals seem to be showing us! First, take a look at the beautiful triangle! Dang son, it don't...
Traders, We have waited patiently for this moment. Crypto, quite honestly, has just been annoying lately. But finally, XRP has touched my support and target down for re-entry at 58 cents. My buy order was triggered at .585 to be exact and I plan to hold this to at least the .995 target and potentially $1.17. Take a look at the RSI. Notice the RED TL. You could...
BankNifty Future Analysis for 21st August 2023 As per our #analysis for #BankNiftyFuture, we are expecting these Intraday levels Tomorrow, kindly check the charts on 15 min time frame and act accordingly. #IntradayLevels Disclaimer: All the provided levels are for #educational purpose only, please do your own analysis before doing any trade in the live market...
INTERGLOBE AVIATION Key highlights: 💡⚡ 📊On 1Hour Time Frame Stock Showing Reversal of Double Bottom Pattern . 📊 It can give movement upto the Reversal target of Above 2600 +. 📊There have chances of Breakout of Resistance level too. 📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 2670+. 📊 Can Go Short in this stock by...
Hi guys this is a Technical Analysis on a Swing Trade opportunity for Micro Advanced Devices (AMD) on the 1 Day Timeframe. Crruently, we are in the process of breaking out of the Upper trend line of the Symmetrical Triangle. Notice how we are coinciding with the previous candles WICK. Now before taking any trades, make sure that the breakout is CONFIRMED. Which...
I have possibly captured all inputs for the trades taken. Please feel free to comment for any clarifications/suggestions. 1 & 2 in chart indicates 2 trading opportunities with their analysis. Trade Opportunity 1 - The market gap-up happened. so as per the trade plan, I was looking to short at the marked levels in the Trade Plan, but as there was no entry...
My today's analysis deals with the fact that it could coming to an end with the correcting, and a further rise in the DXY is in front of us. > We traders know that no one can predict the future and that is exactly why you have to be prepared for all initial situations. > If the DXY should rise again, it means "BLOOD" for the traditional and crypto markets. >...
Hey guys, here is a simple setup for GBPJPY. Wait for the candles to close below the sell zone or buy zone. I am using the Stochastic RSI with settings of 14-3-3 to identify a fake out. Once the one hour candle closes below or above the zone, you can check if the Stochastic isn't oversold or over bought. If you have these confirmations, then you can take position...
Earlier this week we saw GBPJPY trading around the level of 183.900 where price created a resistance level. Price began to consolidate between the levels of 183.900 (Resistance) and 182.860 (Support). Once price broke the support level of 182.860 we waited for a retest of that broken area, where we then got a confirmation for a bearish pattern. Now looking at...
Hello traders, currently on the 4hour and the Daily Time I’m seeing where GU has hit a resistance level. I’ll be looking for a short position until next support level around 1.26300 to 1.26000 which was previously a very strong resistance level. Please share your feedback and personal opinion on what you think.
Imagine a world, where The Crypto Weather Channel had its own bank. That bank stored a large amount of its capital reserves in Bitcoin at the start of the Bull Market. This is what that would look like. #Long Take Profit: $66,442 (5th Halving Price) Entry: $26,976 (CAT 1 Price) Stop Loss: $15,473 (Market Cycle Low)
EURJPY H4 Here is a comparitive, both eurozone base currencies, typically move very similarly due to correlation, the only factors being the length of the rally and the spikes caused from recent interest rate hikes and economic outlooks from central banks. That being said, both following suit to some degree. I think we are starting to hit the pivot points for...
start accumalting mong as more exchanges are starting to list it. could be the next great meme coin
this pair is currently trading in an uptrend. with price currently at support, we would be looking out for a confirmation on the 1hr time frame to go long on this pair.
price has been consolidatiing between 0.67288 which is my support zone and 0.68155 which is my resistance zone. a break and close above resistance should see price continue its tragectory upward
btc looking good here if we can break the falling wedge or we could go and rest the lows again either way good time to start averaging in