Cypher near the 2.618 off Dec. Distr.Bullish cypher near the 2.618 downside extension from the December distribution. Eyeing bounce to 275-277 as a decision point.
Rejection from 275-277 would imply further downside, will re-evaluate there. Should see explosive upside to the 275-277 in coming weeks.
Minor accumulation around current level.
Bounce
TOTAL2: ALTS RELIEF BOUNCE INCOMING!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this TOTAL2 aka ALT MARKET CAP update. As 2022 is ending and this year might be not good for us but hope 2023 will be the best year for everyone and you guys make a lot of money this year.
According to the chart, Total2 is an important support level and currently holds this support very well. We can expect a bounce from here. It means we see some relief rally in Alts in the first two weeks of 2023. Rsis also shows bullish divergence.
Invalidation level:- Daily close below $430B
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LTHM | Oversold EV Battery Play | LONGLivent Corporation manufactures and sells performance lithium compounds primarily used in lithium-based batteries, specialty polymers, and chemical synthesis applications in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company offers lithium compounds for use in applications that have specific performance requirements, including battery-grade lithium hydroxide for use in high performance lithium-ion batteries; and butyllithium, which is used in the production of polymers and pharmaceutical products, as well as a range of specialty lithium compounds, including high purity lithium metal, which is used in non-rechargeable batteries and the production of lightweight materials for aerospace applications. It also provides lithium phosphate, pharmaceutical-grade lithium carbonate, high purity lithium chloride, and specialty organics; and lithium carbonate and lithium chloride for use as feedstock in the process of producing performance lithium compounds. The company was incorporated in 2018 and is headquartered in Philadelphia, Pennsylvania.
energy in a pickleno really, this thing is set to roar. big rigs, big pigs, young hogs and motor fog. letterr rrrrrrip! were down near the bottom of the envelope, were way oversold, and the sectir is acting defensively in rotation with a bear market. id like to revisit the top of this rectangle and then dump again 🤷
DOGE - Oversold - Small bounce possibleOn the DOGEUSD chart (1h timeframe), we can see the price is currently oversold. The price is reaching a support area. Once the price has entered the support area it's likely for the price to bounce back up.
All three indicators used are Bollinger Bands, RSI, and Stochastic. All three indicators confirm the oversold condition.
All further details are shown on the chart.
Good luck!
BTC: WEEKEND PUMP? NEXT POSSIBLE SCENARIO!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update. In my previous BTC update i clearly told you that BTC is not break above $18.2k level and we might see a rejection from there and exactly the same happened.
So what's next?
As of now, BTC holding the green support area ($16.5k-$16.8k) and we might see a bearish retest from here. According to the chart, BTC should bounce from here up to $17.2k-$17.3k level and after that again starts dumping.
So as of now I'm expecting a relief bounce in shorter time frame. In HTF, BTC still looks bad. Until and unless we did not get a weekly close above $18.5k thing not going good for us.
Let's see how things goes in the next few hours.
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semiconductors daily bounce or continued downsidewe are at the low end of top anchored vwap. if we get over this pivot and support meaningfully we could see a test of sss moving average or signal around upper horizontal and gap close. if we remain beneath and resist with sss signal and qqe staying red id look for that lower horizontal.
ETH: MUST BOUNCE FROM HERE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick ETH update.
ETH is breaking out from the falling wedge-like structure in 4hr time frame and currently, looks like a retest. We have a good support range here. ETH should bounce from here.
If it breaks down the support (4hr close below $1150) then this pattern becomes invalidated and we might revisit the lower trendline of the wedge ($1080) but IMO it should bounce from here.
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Solana equalizer - cryptos to bounce? Lots of Indifference on the charts.”equalizer” on the daily. Last candle on the daily shows possibility of a bounce. Waiting on more confirmation and RSI move above 30 and oscillator to turn green. Will enter on lower timeframe
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EUR/USD likely to move UP!Hey tradomaniacs,
technically a great chance to go long in EUR/USD after thgis aweful volatile day.
Good support and likely to hold due to falling yields (Non-Sense-Correltation) aswell as absoprtion at the support-zone in market-depth.
Gonan take a long with aggr. management as volatility is very risky today.
What do you think?
Bullish after SoS and RetestSPY has been accumulating at the expected bottom of a larger degree wave 4. This trajectory is a near term most likely path. Initial target low 400s, followed by one more pullback running to target range - upper range 419 by late November or early December
Mid term target by mid 2023 is a completion of larger degree wave 5 in the mid 500s.
We have a discount after yesterdays... thing
(SoS in the title means sign of strength)
** Buy once it breaks above 373.93 **
Financial recover soon?XLF which is an index of Financial Sector is currently retesting the top of 2007 (before Subprimes crisis) and the top of 2019 (before the Covid19 crisis).
Remember, a resistance often flip into a support when broken.
This may a very nice opportunity with a correct Risk/Reward ratio to play a bounce here.
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nasdaquri, anyone? its lime flavored.technicals have proven heavy selling is leading to countertrend movement. were getting lots of rate of change bullish signals daily indicating a trip toward supertrend, but longs really want to position themselves with momo in the index. daily highs breaking and holding .5 of the bounce would be good signs.
EURJPY I GAME time! Long from SupportWelcome back! Let me know your thoughts in the comments!
**EURJPY - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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2CRZ coiling up A possible new move could be near. 2CRZ bounces between support and resistance zones for time being. 200SMA on 1hr near the resistance zone. Break above this zone and 200sma have an excellent chance to trigger the next move up. Bellow our support zone we have one more significant level at 0.00282-0.00283 that has held strong 2 tests in the last week. I'm planning to enter at that level also if 2CRZ does another retest of it.
GBPJPY I Risky short from resistance zone 80-100 PipsWelcome back! Let me know your thoughts in the comments!
**GBPJPY - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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BTC: EXPECTING SOME GREENERY TILL THE NEXT FOMC IN NOVEMBER!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update.
BTC is still holding above the $19k level as you see in the chart, BTC is holding the purple line support very well so far. So I'm expecting some green days from here. We might see a good and slow pump up to $20k-$21k from here.
There is not any Fed event in the next few days. The next FOMC meeting will be held on the 2nd of November so till then we might see a good relief rally in BTC and Alts as well.
What do you think about this?
Do you also think that we see some good bounce in the next few days in the market or do you think that we going for a new low from here?
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