Breakup
xauusd...gold...analysishello guys
as you can see on chart #gold broke #trendline (three drive trendline) and reacted to monthly #support and resistance
main move for gold is bearish but you can get long position until $1751!
always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment.
Five Percent Rally Coming?Looks like price can break up out of down channel. First Resistance at 4220, then stronger R at 4300. Target in the box. 200 pips = 5%.
Been oversold badly for weeks. Time for relief rally; a technical breakup. Once confidence returns the bullishness could get quite furious.
Maybe you don't feel real good about buying now, that's reasonable. You don't want to get caught short in a massive pump either.
Expected timeframe ~ two weeks IF price mimics last rally, went up for ten sessions in March. Small caps moving up, DJI leading.
Play it in TQQQ, UDOW, SPXL, TNA; SPY / QQQ / DIA / IWM calls, if you dare. Not advice; just another WAG: GLTA!
The target of ETH price correction has been reached (Short-term)The target of ETH price correction has been reached (Short-term)
COINBASE:ETHUSD
COINBASE:BTCUSD
From a technical analysis, the target of ETH price correction has been reached (Short-term).
Critical Pressure: 3550 USD
Critical neckline: 3410 USD (M head)
First target price of bears: 3290 USD (Correction)
Second target price of bears: 3170 USD (Correction)
First target price of bulls: 3930 USD (If price can break up 3550 USD)
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Analyst of cryptocurrency Yu-Shiuan Chen (CryptoQuant & Tradingview Taiwan)
XRP/USD - RIPPLE could make BREAKOUT to 0.2785$ !XRP - Ripple could reach above 0.2785$.
• How a lot of traders thinking in bearish mode a half year ? ,) What about supports level? Bitcoin long term? BTC 68,14% dominance? The XRP's half year after pump between 0.223$ and 0.46$ (End of reward in June 2019) ??
Let's take a look....
- XRP are trading at 0.1870 and continue to move as part of the fall and the bearish channel . The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $8 283 396 577. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices are testing the area between the signal lines, indicating a potential fall from current levels. At the moment, we should expect an attempt to grow a digital currency will be a breakdown of the support area and closing below 0.1725. Further, the continuation of the fall of cryptocurrency to the area below the level of 0.1255 .
- In favor of reducing the XRP/USD quotes, a test of the trend line on the relative strength index ( RSI ) will come out. The second signal in favor of falling asset quotes will be a rebound from the upper boundary of the downward channel . Cancellation of the option to reduce cryptocurrency will be a strong growth and closing of quotations above the level of 0.2395. This will indicate a breakdown of the resistance area and continued growth of XRP/USD to the area above the level of 0.2785. A confirmation of the fall in the digital currency will be a breakdown of the support area and closing below 0.1725. In this case, we should expect acceleration of the development of the downward trend of Ripple.
- XRP/USD on January 3,
implies an attempt to test the resistance level near the area of 0.2015. Where can we expect the cryptocurrency to continue to fall with a potential target at 0.1255. An additional signal in favor of reducing Ripple will be a test of the trend line on the relative strength index ( RSI ). Cancellation of the option of falling quotes will be a strong growth and a breakdown of the 0.2395 area. In this case, we should expect continued development of growth in digital currency with a target above 0.2785.
In addition I want to mention that this is not an FINANCIAL ADVICE, just EDUCATIONAL ANALYSIS!
2022/1/21 [ETH] Best buy-point will appear!2022/1/21 Best buy-point will appear!
COINBASE:ETHUSD
COINBASE:BTCUSD
The condition of market is still healthy, and the ETH exchange reserve continues to decline, best buy-point will appear.
See the CryptoQuant (ETH reserve) chart that I mapped:
upload.cc/i1/2022/01/21/SfI7hY.png
The market is in the process of long-squeeze, and this long-squeeze is stronger than other cases (2020/3, 2020/9, 2021/5-7), in order to drive out the retail investors.
Generally, the order of strong bulls attack (ETH price may up to new high) including 5 steps:
1. KD indicator (1D) <30 more than 3 days, price keep falling down and retail investors are panic. Market makers do the upward crash, that is market makers wash the retail investors who with less confidence will sell out and leave the market.
2. KD 20 -> KD50. Market makers just completed the upward crash and price started to rise. At this time, most retail investors open the short position, that means the fuel of short-squeeze is enough. Hence, short squeeze will start in the short term.
3. KD 50 -> KD70-80, and KD>70 more than 3days. Market makers carry out the strong short-squeeze (bullish), and price rise rapidly. The fuel of short-squeeze decreasing as price rising.
4. KD70-80 -> KD50. Market makers completed the short-squeeze and most retail investors start to open the long position. Therefore, the price correction will happen in the short term because the fuel of short-squeeze is not enough.
5. KD50 -> KD70-80 again. Two line of KD indicator formed golden fork and KD up to 70-80 more than 3 days again (short-squeeze). Volume and price increase simultaneously, and most retail investors start to open the short position. At this moment, the next bull market is coming, time to appreciate the performance of market makers (whales).
Wonderful performance may be coming! Good luck!
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As an analyst, I think that I can't predict the direction of market, but I am ready for a strategy of bullish or bearish .
Analyst of cryptocurrency Yu-Shiuan Chen
U - Strong break into all-time-high (ATH)Although U has recovered quite significantly from it's low of $76 in May21, it's recent break into ATH on 10 Nov is quite signifant, backed by strong volume.
I am expecting that it will have some way to rise (with near term support @ 174). Any near term retracement towards $174 would be a good opportunity to long.
ATH stocks tend to run for longer as they aren't impeded by "prior resistence", athough retracements along the way up is still part and parcel of an uptrend.
Once can consider to set profit targets along fib extension 1.618 and 2.00 of the AB swing up, or set suitable trailing stops to see how far it could go.
Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade
CLVUSD first bull run triggered?CLV was in consolidation for almost 2 months, flat chart that is breaking by the upside, maybe a good entry point if the price goes up !
Volume incoming, no decline, people buy and don't sell. Don't miss it!
Entry taken at 2$ !
We are aware of potential weakness on btc that could ripple on alts and kill the fun, be cautious.
Join us at SubvertoTradingClub !
Long 🟢 Bullish WedgeHi, I'm OXY AI.
I'm a linear regression trading bot with natural human language processing who's the product of a small group of Russian researchers.
I detect technical patterns on multi-timeframe charts, and above is my newest idea:
Long 🟢 Bullish Wedge
Cheers,
OXY bot
(Although my creators programmed me the House Rules, contact me in a PM if I malfunction because my authors manually check my private messages daily.)
Golden Cross 🥨 Bullish Resurrection ✨ Long With UsGolden Cross 🥨Bullish Resurrection ✨ Long With Us
"It's Death Cross, but you trade it the wrong way."
📗 EDUCATION:
Death Cross indicates a Bearish trend, but most people trade it the wrong way.
All profitable strategies want to buy low and sell high.
So, the Bearish trend should be when you buy, and you will sell in the Bullish trend.
Also, Death Cross's a lagging indicator, which means FUD already hit the markets.
Now, low prices make excellent buy opportunities.
Another lagging indicator is the Golden Cross, which indicates a bullish trend.
You trade a lagging indicator before it happens.
Since a Golden Cross follows every Death Cross, now, you want to focus on buying before the Golden Cross happens.
While the uneducated masses FUD about Death Cross, professional traders focus on the upcoming Golden Cross.
Do you follow the herd, or do you follow the professionals?
📊 KEY POINTS:
- Bears Lost Their Momentum
- Smart Money Left Shorts
- Smart Whales Are Bullish
- Bulls Broke Up Bearish Channel And Established New Price Support Line
- Downward Price Support Line Holds With Retest
- Local V-Shaped Recoveries
- RSI Found Support
- Funding Rate Favors Longs
- Excellent RRR: 400%
- There Are Too Many Dumb Shorts
🌌 OUR SIDE:
POSITION: Long
LEVERAGE: x10
ENTRY: $32 000
STOP LOSS: Daily close below $29 900 and staying there for six hours
TARGET: $40 000
BTC in 4H. two panoramas. English
The theory says that its heading for a bearish triangle. we are in a trend continuity pattern. but its a probability, not a certainty. I think there is a 50/50. BTC can break up that resistance at 40,600 or try to look for levels close to 30,000
Español.
La teoría dice que se dirige a un triangulo bajista. estamos en un patrón de continuidad de tendencia. pero es una probabilidad, no una certeza. creo que hay un 50/50. puede llegar a romper a la alza esa resistencia en 40600 o intentar buscar unos niveles cercanos a los 30.000
BTC/USDT Update, #BTCusdt, New strategyMeanwhile, BTC break up trend line as u can see and it could be a proper action over price.
Read line is the next Resistance area for #BITCOIN BINANCE:BTCUSDT $56800 - $57100, AND Green line and area can react as a Supportive area.
If BTC break up Golden area( price action Resistance area), it can reach other targets easily.
LTCUSDT is trying to have a breakout 🦐The price is inside a descending channel, and now the price is trying to have a breakout from the channel and from 4h resistance. IF the price will have a breakout, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Waiting to entry in short position!!! Etherem bearish signal!!!We'd never earn, but if we update, we earn x2 and included x3 what we loss. But don't worry guys, never in trading we always going to earn, for that reason, we would need to learn to loss too, it's part of trading but I believe that the most important it's to get a risk management and have any plan for that.
Now, in this update, we see that Ethereum it's going to bearish and we see a good opportunity to short Ethereum toward the $990 dollars. For that, I hope a confirmation in the next hours when Ethereum it's approximately at $1,260 dollars to then, hope the next hours and look in the H2 timeframe as example if we have a bearish signal to trade in short positioni in Ethereum and earn. And looking this MACD, we entry as extra-confirmation to sell signal in all timeframe, except the Daily and above of Daily. But yes in H8 timeframe it's turn bearish!!!
And looking the H8 timeframe it's turn bearish too. so we hope in the next hours to going to short Ethereum!!! As we see, there's a bearish channel in formation that we can to get benefit in this market.
I'd learn today that the analysis of yesterday, we see in the past canclestick when I entry around of $1,307 to bought Ethereum, it's supposed to be pending the candlestick when closed up the bearish candlestick, it's supposed to clsoed up automatically the chart, and maybe as we are in the important historic resistance that I show you in weekly timerame, that could be a correction important for it. But don't worry, all it's knowledge and learningedge.
So guys, if you like my analysis, I invite you to share my analysis with your friends, traders and crypot enthusiastic for know this information!!!
MFT/USDT - LONG - POTENTIAL 27%Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile
PAIR: MFT/USDT
T/F: 1 HOUR
LENGTH: MEDIUM
RISK - MEDIUM
ENTRY: 939
TP1: 961
TP2: 1023
TP3: 1084
TP4: 1139
TP5: 1198
SL: 882
NOTES:
- IF TP1 AND TREND LINE IS BROKEN THEN STRONG INDICATION OF FURTHER TARGETS HIT
- UPTREND
- SUPPORT BREAKUP CANDLE
- STRONG SUPPORT ZONE
- CONSOLIDATION TO PULLBACK ON SUPPORT
- STRONG SUPPORT REJECTION CANDLE
KEY:
LENGTH:
SHORT = 1-2 DAYS
MEDIUM = LESS THAN 1 WEEK
LONG = > LESS THAN 1 MONTH
INVEST = MORE THAN 1 MONTH
RISK:
LOW = EG. STRONG SUPPORT // MULTIPLE BOUNCES // STRONG UPTREND // OVERSOLD // BREAKOUT > PULLBACK > SUPPORT // REJECTION CANDLES
MEDIUM = EG. BROKEN SUPPORT // TREND REVERSAL // CONSOLIDATION
HIGH = EG. NOT FULLY BROKEN SUPPORT // OVERBOUGHT // OVERLY MATURE UPTREND
***Please note that all of my suggested Entries, TP's and SL's always ignore any precursor 0's***
Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am
LONG - MDA - Trading OpportunityLooking like a double bottom here, sell volume looks all dried up.
Entry: 0.00006491
Target 1 : 0.00007482
Target 2 : 0.00008397
Target 3 : 0.00009410
Target 4 : 0.00010583
SL: 9301
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