Hi folks today I'm prepared for you XAUUSD analytics. If we look at the chart, we can see how the price a few days ago declined from support 2, which coincided with the support zone to the trend line. After this movement, the price rebounded from this line and made impulse up back to support 2 and soon broke this level. Also, Gold started to trades in a wedge,...
Scenario-casting a move to 48 thousand If #BTC is indeed winding up in a #HVF High 1&2, Low 1&2are in place now we just wait for both high 3 and low 3 to form and a potential breakout of the trigger line. Let's observe and see if this plays out? @TheCryptoSniper
INJ is my largest holding still although it sometimes fights with RNDR. These candle formations show high levels of conviction, buyers and sellers want to stay close to current price action. Since we are in price discovery I got rid of the fib retracements and added a fib extension. A battle for the golden fib (45ish$) ensues. I wouldnt be surprised to see another...
BTC.D Bitcoin dominance dropped from 55.5% to 51.5% after a rising wedge pattern predicted declines Altcoins have rallied strongly as Bitcoin dominance declined, but most alts are now overbought and due for a correction. 🤑Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
As you are aware if u follow me Matic is quite bullish on the big time frames. & I expect it to exceed it's 2021 All time High No mean feat for an Alt coin! So when u spot bullish structures on the lower time frames Could be a good idea to position yourself for upside :) NFA
XAUUSD is at a strong resistance. It was touched in 2020, 2022, and 2023 and each time it was touched there was a massive sell off. We also see XAUUSD in a bearish wedge formation. Let’s see how this plays out going into the new year
price is being absorbed inside the FVG liquidity nodes. it happened before in the previous node. this price runs higher, not much to say, it's just instinct at this point. this chart is primed to run. here is the daily chart with its own FVGs and bullish falling wedge.
BINANCE:BLZUSDT - More and more convincingly forming a flat bottomed wedge, declining volumes, with a rising probability of a breakout to the upside. HOWEVER - sitting just below the "floor" of the wedge lies a quite significant FV gap - Hence if this breaks down - look to see a reversal once this gap is engulfed. Place stops below it...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Recently price bounced from $1985 support level, which coincided with support area, and started to trades inside rising channel. In a short time, Gold reached resistance line of channel, exiting from it, and then rose higher than $2085 resistance level. Next,...
Trading AUD/USD, eyeing a rising wedge reversal pattern. Plan to enter on breakout but cautious. Considering overall market conditions, support/resistance, and noting bearish divergence in indicators. Essential: a solid risk management strategy. Stay vigilant, markets are unpredictable. Good luck with your trade! 📈🤞
✅EUR_GBP broke out of The rising wedge pattern And the breakout is confirmed So I think that the pair Will keep falling down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 When price bounced down from $1.1000 level, which coincided with support area, it fell and started to flat. In flat, Euro declined to one more support area, which coincided with $1.0785 support level, and soon made fake breakout. After this, price made upward...
FOREXCOM:XAUUSD is forming a strong bullish trend, but there are some preconditions on the chart, which in tandem with the news can form an unexpected scenario. Today is the last strong news of the year. Namely, at 13:30 GMT Initial Jobless Claims will be published. Overall, analysts are expecting 210K relative to the previous 205K. This is bad data. But a...
BINANCE:ETHUSD breaks the consolidation resistance and makes an attempt to enter a new wide range. The target of this maneuver, after fixing the price above the support, may become the area of $3580 The market has been forging consolidations and prolonged retests of the 2300 area for several weeks. After the formation of another set-up, which I warned you...
Gold breaks out of a correction after breaking out of an ascending channel. Happy Holidays 🎉🎉🥳
Logarithm. Downward wedge zone. Time frame 3 days. A descending wedge is forming in the descending channel (the main trend). Almost in the final phase of its formation. Decrease from the price minimum in the main trend -93%. We are in the first zone of so-called capitulation. This is not the maximum value for altcoins of such liquidity. The range of the maximum...
Logarithm. Time frame of 3 days. Secondary trend. Downward wedge. The first local target in case of breakout, i.e. breaking of the downtrend line (inevitability sooner or later). On such crypto dump/dump scams (pardon the bluntness) it is important to observe risk management, understand the risks and potential in advance. Take a local target and forget it. After...
EPC has broken out of a descending wedge with bullish RSI divergence just looking for a retest of support and bounce for an entry.