Binance BNBUSDT - Macro Elliott Wave Analysis + RSI + Volume- As per my Elliott Wave analysis on the weekly chart - this coin looks very strong and we should experience more bullish sentiment.
- We are currently in the huge impulse wave 3, subwave 4.
- If we take a look at the volume , pretty much no one is selling, which is a good sign.
- 200 weekly moving average is considered as a massive support by big instituions and we are currently very close to this level.
- On the RSI indicator there is a bearish trendline , that can start a new uptrend when it breaks up.
- BNB is the safest way to speculate on altcoins.
- Look at my ideas about another interesting altcoins in the related section down below ↓
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Bullish Trend Line
TOTAL Crypto cap - Mega support, 200MA + 0.382 FIB + MACD/RSI- It is a common thing to test the previous all time high (in this case from 2018) on the weekly chart.
- Last weekly candle has a huge wick, which is definitely a good sign for all bulls!
- 200 moving average is a strong support and the price is currently sitting on this level, which provides us with a good buying opportunity.
- 0.382 FIB retracement is also a noticable support level on the LOG scale.
- As per my Elliott Wave analysis - ABC correction should be completed on the macro scale and now we are ready for another bull market!
- We have a falling wedge - bullish reversal pattern or a bullish flag on the weekly chart.
- Indicators: RSI oversold and MACD first bullish tick.
- There is a tremendous confluence to buy cryptocurrencies at this moment!
- Look at my ideas about Bitcoin and Ethereum in the related section down below ↓
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Gold – Long on a classic uptrend line2 Rules for Trendline:
1. Identify the significant lows. At least three points
2. Find the best fit among the significant lows
We can apply the 2 points to a down trendline analysis as well. Looking-out for the significant highs instead.
Gold started its rally after year 2000. We could see it started forming its primary trendline since 2006.
Primary trendline is the key support of any market. When analyzing from a larger timeframe like a weekly chart, it should be considered as an investing position into the long-term.
Secondary trendline on a weekly chart, I will deploy for add-on with stop loss in mind.
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
Gold: Long on a classic uptrend lineDiscussion:
1. 2 rules to draw an uptrend line
2. Primary uptrend line
3. Secondary uptrend line
4. Time for buy Gold?
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
XAUUSD | New perspective | follow-up detailsQuick trading set-up is identified here on the 1 hour time frame as the appearance of a reversal pattern sitting right on a new bullish trendline.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
LINK, Sometime simplest analysis works the best !Making complicated analysis does not make anyone a genius ! Sometime simplest analysis works the best !
This type of publications is not my ideal and usual one but everybody knows that following the trend is the base stone of every trade !
If we can not detect the direction of the market correctly we have no way but embracing painful losses !.
LINK, when we look at weekly time frame, has clearly broken up trend support line, made a pull back and resumed it's down side move.
I am not going to reveal my down side target for Link in this publication since this idea is not about relation of waves and target analysis. It is just to remind that " Trend is our best friend " in the market.
Good luck everyone.
BTCUSD Flash | What is happening?Price is currently sitting on both a bullish trendline and a strong demand zone that has held price "supported" since February 2022. Are we going to witness a breakdown or trend continuation in the next couple of days? What do you think?
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
Long Position NZDUSD 4HLong position established on the NZDUSD 4H
Price has recently made new highs
Bullish trendline touched and held +3x
Retracement to the 50% Fibonacci level
Price held at an area of previous structure support
MACD signal line just about made a new high relative to the most recent push higher by price
Bullish pin bar held at the 50% retracement followed by a higher high, higher close.
Entry price: 0.68441
Stop loss: 0.67940
Take profit: 0.69833
XLM - Stellar Moon Shot - New ATH Soon Here I have my next idea. XLM!
This is a long term idea.
To start :] we have a higher lows uptrend. Will it continue upwards momentum?
I drew out all the main resistances and support lines. I believe certain altcoins are completing a cup and handle on the monthly and weekly charts.
XLM should hit the target around $4.00. I believe that the appreciation value hasn't reached the blow off top yet for XLM.
This is just an idea and not advice on investing nor trading. Do your own research and thinking before investing or trading volatile assets.
Who's holding?
AUDJPY Gives a bullish indicationTechnical analysis on the pair AUDJPY
If we look at the H1 or one-hour timeframe, it can be seen that the AUDJP has penetrated the strong resistance area at the price of 83,839. This indicates that AUDJPY will continue its rise until it reaches the highest resistance are ever reached on Oct 21, 2021, but we need to analyze all of that fundamentally and keep an eye on the news.
Thank you.
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DISCLAIMER:
Trading activity is a risky activity, good trading is trading that is done independently.
bullish in AAvagotchi after break Triangleas you can see GHSTUSDT can has a bullish round after breaking upper limit of triangle.
One another point is that, price is upper than MA100 in daily and 4H so trend is bullis while this condition is valid.
AAvagotchi as a great digital currency, in Metaverse and Gaming category does not grow up as others of these group.
so it's time to see a jump on it.
note 1: first of all we must see Bitcoin as father of market; so just trade after notice to it.
note 2: If lower line of triangle will be broken, we can have a short trade on it.
note 3: It is just my analysis, so never trade on anybody advise. see the market yourself.