This is 3M TF and if you look at 1W+ with RSI you will spot Divergence in every TF. Remember Powell will talk about Interest Rate Decision in about an hour, most likely they don't change and leave the rate as it is. And another thing is if Yield don't back off we most likely to see 1800.
CRV's Lowest point was 0.32-0.42 zone which checked in October 2020. As you can see CRV checked that area twice since then. I am gonna take profit at those marked green lines.
Yes I was looking short on Solana but SEC approved BTC-ETF. That's why every crypto pumps like its Bullrun. But few coins are much more likely to go even further and one of them is Solana. If we look closely Solana hadn't make Lower High since November 2021, all we had was little pullback to 140 area. If SOL close the candle below 32.5 in 1W TF I might consider to...
Highest point Silver reached is 49.75 and next high is 31.10 which means making lower highs since 2011. But now Silver making very bullish pattern if we pay attention to it. Making higher low's, retest the 20.8 area twice and channel pattern. If SILVER able to break channel pattern we might able to see 26.5 - 27.5 area which means SILVER couldn't break that area...
I was looking short on GOLD and made a decent profit even though didn't reach my target. I was expecting pullback to 1885 and get rejection then go down. This weekly candle made GOLD bullish. Here are the few things telling me GOLD to go up. 1. Broke tiny down trend holding since MAY. 2. If you look at it was just pullback and preparing for higher high 3. Making...
I know its pretty optimistic setup, but technical picture looks pretty good and UNI haven't made any major bull trend since January 2022. These are the few signs that telling me to go up. 1. RSI made Divergence already in 1W TF. 2. Checked 4.046 area twice and able to close candle above in 1W, 1M TF. 3. Now its checking 4.046 area third time. 4. Can not close...
There are few signs telling me to go down to 4. 1. Can't make higher high 2. Triangle pattern after Downtrend. 3. Cannot break 31 area in 1W TF. 4. Could be Bullish Flag pattern. 5. Solana reached 8 before and just doing pullback now. But remember Sol can just do fake break out from triangle pattern and go down.
Remember this is only based on H&S pattern and FTM formed it perfectly. Neck is at 0.15 and FTM holding 0.15 area since February 2021 which means breaking it below will be crucial. If we get confirmation on breaking neck we might see FTM around 0.1 which still means could stay in bullish in 1W and 1M TF. But remember there is a huge support zone around 0.05.
Solana forming Bullish Flag and could make lower low. Our main target will be 7 but remember there are few area Solana still need to check before the bull run which are 3 red lines below 6.88.
Matic got support at 0.50 area and formed Double Bottom pattern which means we might see some green candles next few days or weeks. But remember Double Bottom's neck is at 0.55 and must close a candle above it in 1D and 1W TF. Our main target is 0.59 and we can see Matic to go up till the white line which is closest crucial zone to hold downtrend but if candle...
As you can see RSI making huge divergence in 1W TF and most likely to retest previous high which is around 152. It can go higher but if candles are able to close below 152 it is most likely to go down till 127-125 area.
It may be lot of red and green candle going on and on. But if we focus and take a closer look it's actually doing something beautiful which we can make a lot of profits. Let's take a look. 1. Holding Downtrend since April. 2. Can't break Downtrend line. 3. 1885 - 1905 is a crucial zone to hold, if it breaks there is a nothing hold till 1750 area. Which means...
Looks like there is a falling wedge pattern forming, which means signs of go higher and Gold is consolidating right now. Break above 1942 will be crucial. But it can fake out and go down even more. So time will tell.
Gold is still consolidating in big time frame, now we are getting huge confirmation to go up which is H&S ( reversal pattern ). 1940 is the area to check, 1985 is the neck of the H&S. If Gold able to break H&S we will see 2050 which means 4th time to checking that area in 1D time frame since August 2020.
After bull run AAVE did long term consolidation and checked major support zone 3 times already. If only AAVE could break the downtrend line we might see 250 sooner than we think. 46 is the crucial support zone to hold.
Due to inflation and rate hikes we might see new lows in near future. As you can see breaking below 3900 is confirmation of trend will continue to go down. If S&P able to retest 3900 area we can enter short position. Our target will be 3500, 3400, 3200, 3000. And remember we are in huge Falling Wedge pattern.
Thanks to CPI report everything went up but still there is few signs to go down. 1. Taking resistance at 1810 2. In 1D timeframe we could see huge Divergence 3. Forming bullflag pattern 4. Tomorrow Jerome Powell will talk about interest rate increase. Our target will be 1730, 1690, 1620.
Thanks to DXY, Gold able to hit first take profit level. Now all we have to do is pay attention and see what happens. If Gold able to break 1800 area on 1D chart our next target will be 1877 1900. But remember there is FOMC meeting in December 14th. Looks like they going to increase interest rate by 0.5%, that means DXY will go up . Until then we might see some...