Let's start with what Merge is and how does it affect the price? This is where ETH switches from POW to POS. This means that the "production" of new Ethers can drop by as much as 90%. However, you should be aware of the dangers that could occur if the update failed. But as always, let's try to be optimistic for a moment! Knowing the past, or if you prefer...
Previous Monthly candle closed Bearish with a long rejection wick. High Probability The next monthly candle will fill the previous candle wick. We could continue the bearish momentum in September before pushing to the upside. Overall GBPJPY is in a Range I am anticipating price to respect my 1hr zone to continue to the downside. Liquidity is found in my retail...
Hi everyone. Today with yellow lines we have marked the channel in which the BTC price is currently moving. As you can see, we have two important zones: -first is the support line on which the price is currently based at $ 23,021, then we have a support zone ahead of the price which ranges from $ 20,957 to $ 17,669, if the price drops below the designated zone,...
Gold stayed below 1820.00. Look for selling opportunities towards 1740.00
CONFIRMATIONS - Sellers have exhausted and made their final push. So in the next 12 hours it will be bullish, however when price hits my fib at 69361, price will most likely reject and shoot to the downside. - The issue I have with this trade is that price could be possibly consolidating because of the zone we are in. Also the issue is I might miss the entry...
GU it’s to time to look for buy opportunity to buy from demand sell from supply
While there might be much more trading opportunities in the way, Shorting Bitcoin around the supply zone and Longing it at around the Strong demand zone is rational. There are also two other lines which are weaker entry points and cautious traders should avoid them. A safer Long trade might be after breaking the 23000 or in a reverse to lower ZONE. A safer...
We can see here massive bullish move. Price reached YTD high and failed to break it. We can see consolidation now, but price keeps failing to break this zone. Its possible to see bearish move.
Gold fell from 1870. Gold continued falling from 1840. Watch for selling opportunities towards 1775.
DCAing throughout some of these zones for BTC. stoploss a little bit outside of it. Only selecting certain zones, will decide based on pa.
FX:GBPJPY The monthly chart shows that British Pound very probably will increase in value against the Japanese Yen. As we can see in May the price consolidated and closed above the resistance. In June we can expect the candle to form a bottom wick and continue to go up to fill the wick of April, once it exceeds April's high, it has a free traffic until...
The market lost the support on 2460$ and retested as new resistance before a new bearish impulse until the monthly support on 1800$ The price is creating a pennant on the 4h timeframe, and the market created the demand zone on 1800$ How to approach it? IF the price is going to grave new liquidity from the demand zone, we can add in our watchlist in order to...
Support and resistance are created by the decision making of market participants, as they operate within an environment of uncertainty. Decisions to buy or sell are made through referencing current price against previous areas which caused significant emotional response, in particular those areas which led to regret of missing out on opportunity, or those areas...
Still coming down to previous high of the wow effect breakput at 19-20k maybe wick lower so get your ammo ready for it but there wont 10k btc anymore
The Euro has been on a tear for a bit, and it's about time for her to retrace. We are in a small daily Supply Zone, and i'd like to see the 4H make one more push higher to grab some more liquidity before falling for a nice bit.
USDCHF above key support in the demand zone. Broke short term down trend and is holding short term long trend on the daily. Will need to break up out of the triangle on the weekly chart to break major long trend. This will signify a longer trend to the upside towards the daily supply zone. We can see a inverted head and shoulders pattern that will need to complete...
These are swung calls from 2 days ago i had got bagged on but managed to avg down a few times with some time on the contracts i was able to manage out green ... One of my last avg downs was on 4/12/22 @ close ... not a good habit especially being i'm not a swing trader at the moment usually so gonna cut that out ASAP & get back on REVIEWING EVERY DAY!!!!