price breaks the daily uptrend channel. overall trend is bearish.
Let's keep things simple on a daily since the chart patterns seem to make the most sense here. As you can see when Bitcoin formed a double top on the daily it was all downhill from there. Now it is forming a cup and handle pattern on the daily time frame - So it will most likely just be massively up from here. Don't say I didn't warn you that the TA should be kept...
After a large decline last week, there is a greater chance of a rebound this week, but there is still resistance above 1.0780-1.0840. Recommended operation for this week: buy low, sell high strategy. But the operation of buying low can be more active. Strategy: Buy Zone (positive) @ 1.0640 - 1.0710 SL: 15-25 TP: 40-80 Sell Zone @ 1.0780 - 1.0840 SL: 15-25 TP: 30-60
ETH reached local resistance in the form of the red zone of the channel, faster than the last cycle. What does this tell us? The consolidation before the next move may be longer. 🤔Most will say that ETH has not reached ATH yet, so it should go up right now, I can say that ETH mostly lags in taking past highs and does it sometime after that like Bitcoin...
New idea around 2327.6 If the following conditions are fulfilled this is a good sell for the follow up of the NY Session. - Momentum - RSI Reversal in 5min Direction is given in H1 News was good on USD meaning, it should theoretically reverse soon.
OANDA:XAUUSD Fractals Market Algorithm 📈Buy Limit 2314.60 ❌ Stop 55 pip ✅Target1 : 55 Pip ✅Target2 : 74 Pip ✅Target3 : 102 Pip ✅Target3 : 165 Pip
End of pullback in higher time frame Trend reversal on H4 time frame Probable long
Is this top of the Nasdaq, end of the bull cycle? See the similarities with previous cycle: same 609 days, 418 bars to 422. The beginning of this cycle was at 10,088.83, last close is at 17,688.88. The digit sum of both numbers is one. Maybe we can expect some days at the top, some chance for NVIDIA to be largest company in the world by market capitalization.
Hello Everyone, I want to share this amazing thesis that I found on the Bitcoin chart. Everything is on the chart but I want to clear some insights about this. First of all, all Bitcoin bullish cycles have two sub-cycles: pre and post-halving sub-cycles. I believe the bottom is NOT in yet but we are close to that and it will be clear before Dec 2022 and the...
better be or the market is wrong, dont fade just keep betting
Hello i gave a breakdown oif the trending states of usdjpy and xauusd and what to expect from the upcoming week. Give a like and comment if you agree or found this video helpful!
Logarithm. Completion time 1 week. Instead of updating an old idea regarding the Nasdaq Index and BTS on pump cup formation published on 06/17/2023, I decided to implement the idea on a live chart. Comparative analysis. Fractal. Lag. Bitcoin and Nasdaq 17 06 2023 I have applied the cup percentages as well as the cup with handle if formation occurs (high...
Main trend. Time frame 1 month. This idea is almost a clone (in meaning, not visualization) of my previous idea published 1.3 years ago: BTC/USD Secondary trend cycles and halvings. For great visualization and clarity I added leap years (pre-pump, pre-distribution), this applies to all markets, not just the “young” cryptocurrency market... That is, after...
The graph shows the main trend of bitcoin. Logarithmic chart. Timeframe 1 month. The main liquidity zone. The graph is linear (without “market noise”, i.e., without squeezes of minima and maxima for hamsters). The channel and all values are set according to it. Everything is extremely accurate (potentially accurate). All the same parameters, but candlestick...
short idea for a mid-term perspective (1D timeframe) The market was on retracement stage, filling inefficiencies after distribution and then it continue to distribute lower to the resting external sellside liquidity below us. MY BIAS. MY VISION
It is the art and science of Japanese candlestick behavior analysis
With the dollar index slowing down at the support level just in time when the FED report indicates hawkish outlook, dollars may likely continue to strengthen, creating more highs thereby hurting the pairs. N.B! - DXY price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions and sentiments work for you -...