Looking like a bullish symetrical triangle ready to break out to me .. lets see.
NQ1! 14800 next resistance. will see good rejection. else can catch up to higher highs towards 15160 zone support and resistance zones on chart if breaches critical lvl, again into correction territory
This is a much riskier play to take here. The graph is the previous 6months of BTC action. It has been 2 months since the massive Bear win. Bulls had a weak and short attempt at raising the highs. Ever since, it has been a standstill around 40k with both sides making attempts and ultimately failing. A price both sides get attracted to like a magnet. The...
Price has broken sttructure on LTF. Looking for a buy from the recent demand area to fill orders to the above supply created. There are two possible targets. Always manage risk.
BINANCE:BTCUSDT has reached new heights and has made new support, bounce off the new all-time high, then retouch the the new support , then continue to surpass 27,000.00 around the 4th of JAN
Cup & Handle Pattern appeared in Monthly Chart the price will go up (Bull) for Position Traders (Long time Investment) Only
Dear Readers, Markets have been quite volatile. I have marked all the important zones on the chart which may play a role in coming days. If the prices sustaining below 17470, we may see 17400-380 on the downside. Can also fill the gap on the lower side if Selling is intense.
Hi everyone, Today we are taking a look at NYSE:TWTR stock. This poor bird has been flying down at an astonishing rate. However, unlike most young tech companies, this bad boy has been to hell and back again. NYSE:TWTR was scraping the bottom during 2016-2017 and managed to recover eventually. Now we are in the steep downward channel. If you zoom...
BTC has been trailing off for a while now in conjunction with the equilibrium range. We are expecting a corrective to the yellow zone above and are anticipating a continuation down to the larger more significant yellow zone below which acts as an approximate target. BTC can be extremely volatile with large swings so please be aware of this before trading. The...
I have spent this morning analysing BTC and I have come up wth multiple counts. This count however, is the clearest and simplest one. I am having a hard time counting the move from 69k (nice) as a five-wave move. It´s possible but I give it a lower probability since it´s not as clear as this count. Therefore, I am setting an alert for the trendline break and...
Following along with the MEGAPHONE theme from a previous chart taking the first touch of the MEGAPHONE TOP, as the top. Being a weekly chart, we need to see the weekly close below the RIBBON for CONFIRMATION that we are indeed heading into a period of CORRECTION. Given that the FEDERAL RESERVE will meet next week and have already stated that they will not move in...
We can see that on D1 timeframe, price has touched the previous consolidation zone at around 1843-1850. If we breakdown into smaller timeframes, on the 4HR, we can notice that there is a gap on 22nd Nov 2021. My entry was a little bit early. I am expecting a double top to form and first profit target would be around 1819 area.
potential long back into 0.72800 as the price has retraced all the way back down into an area of high volume and a key demand zone. You can see where the price dipped down into with the big bearish candle could simply be a draw of liquidity before moving higher through todays LND and NY sessions.
We have broken the channel and now hit a key supply zone, i will be watching closely to see if this is a liquidity trap from above the channel to move back in. We are now nearing a key zone on the 4H TF with an imbalance zone. I will be watching the orange zone within that blue zone for signs of rejection.
This is an idea that uses Pivot Points, Fibonacci, Fractals, and Momentum to attempt to predict "zones" where the market may pass through. Typically used on faster chart times, but this example shows a 15 min chart for demonstration purposes. This idea has been used on ES, NQ, RTY, YM, and their related micro futures products.
Let's start with: "What goes up must come down!" As we can see on the weekly TF we started the run up around the $1, we've been going straight up towards the $2.3 level. After hitting it's previous ATH at $2.46 we saw a fast drop down all the way back to the current strong supportzone between the 1 - 1.15 USD. This ignitiated the second run up towards the...
Looking at the chart we can see 2 critical areas that we have not reached yet. ETH is in a bullish momentum however we might find the price drop before rising back up in order to collect orders from the zones shown.