BNB lost $300 support!Today BNB lost the crucial support zone between $303 -295. If this level had been held BNB would have had many chances to return in the consolidation area within a few days.
$300 support breakout occurred in relatively high volume.
Two & a half hours before the daily candle close and BNB is already fighting the next essential support at $300.
Unfortunately for the bulls, the probabilities are with the bears. (If this candle close near $260).
Next support and the most essential of all is at $212.
If you are still holding BNB it’s unwise to sell the dip. Even if the dip is at $212.
If you are looking for a good entry for short position, it’s not the good time. Wait for the $260 breakdown and the retest as resistance before making your moves.
This break occurred due to LUNA/UST events. Nothing more. (In the short term of course)
Crypto maker is in extreme fear and that’s more bullish than bearish.
Remember investing is a probability game.
Not a financial advice. Always do your own research.
Consolidation-breakout
US30 Price Breakdown update1. Price closed above structure but was rejected by the level of resistance to the left.
2. If the next 30m candle closes bullish we can continue to go bullish to fill the range until the next level of resistance
3. If the candle closes within the range, price could consolidate and get choppy.
4. Sells would only be taken if price begins to break the lows
What would be the best case scenario in the worst case? 💥It is important to remain realistic and avoid any scenario that will surely not come true in the current times.
With the different events that the financial world is currently undergoing, it is better to remain very cautious about the Apple share price, even if Apple's financial results are better than those of other companies in the market, analytically we can see a slowdown in the rise of the latter.
Everything will be decided in the coming week, if we break the bullish channel , we could reach lower and lower points and maybe enter a bearish trend , but let's be optimistic, we think that Apple's share price, will now consolidate between 179 and 154, to take off again once the events calm down....
butterfly gandhima appliancesbutterfly gandhima is now at the point of consolidation all time high breakout and it can give a better return for the swing trade,
this company is a very fundamentally strong so you can hold for the ong term
buy at 1430
target 1550,1650 & if break 1700 then can achieve big target of 300 points 2100 for the swing tade
for the long term you can hold.
(Note: we are not a SEBI registered)
please like, share and follow us for more stocks recommendations
Daily consolidation of Sun PharmaSun pharma consolidation on daily chart, can give breakout within a week,
NQ Power Range Report with FIB Ext - 4/22/2022 SessionCME_MINI:NQM2022
- PR High: 13727.50
- PR Low: 13693.00
Evening Stats (As of 12:45 AM)
- Gap: = N/A
- Session Open ATR: 374.61
- Volume: 34k
- Open Int: 230k
- Trend Grade: Neutral
- From ATH: -18.0% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 14675
- Mid: 13500
- Short: 12390
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BTC CONSOLIDATION/PAMPi made this chart on the 15th. that top green line is the last call everything else has played out
US30 SHORTOANDA:US30USD
bullish pin bar with a long wick indicating a continuation of bearish trend with price
breaking out of consolidation zone. A retest is likely and will continue bearish trend
📈 Triangle consolidation A symmetrical triangle is forming in PDN. We have made the bottom side of this triangle, and it looks like the price is returning now to the upper side. Around quotes of 0.98 AUD should the upper border of the triangle be touched. After breaking the triangle pattern at this point or later, the bullish trend in Paladin Energy Ltd. should continue.
$RBLX - Consolidation atop SupportAfter breaking it's downtrend upon creating new ATLs, $RBLX has bounced aggressively and began to consolidate between two key price levels. ($43 - $53)
We are now currently resting on top of our $43 support level. A bounce from here would allow us to trade this name up to $53 and capture a 25% move, while a break and close below 43 sets us up for a nice short down to 36.
Sideways and almost ready.Price consolidated sideways for a few days, and it wants to break higher to retest previous highs.
OTHERS - SLOW BLEED OR CONSOLIDATION?OTHERS needs to bounce here and otherwise next level on the trend line. Possible that this was a hopium bounce and we turn into a downtrend again.
Smart Money vs Retail tradersIn this Chart I show you the Universal Trading narrative of the FOREX Market. By simply knowing that the trend signifies the market is reaching for liquidity and to fill imbalances you will always be able to catch a entry or two or three daily on your pair. The market makers make money when the Smart Money pulls their profits creating order blocks aka consolidation. When the market makers accumulate enough buy and sell stop orders they continue the move often with the trend. The Big Trend Moves are always the Smart Money. Trade with them and you will always eat!
Happy Trading Family!
USDCHF CONSOLIDATION BREAKOUTUSDCHF has been bouncing around these two levels (RED) and hitting significant resistance whilst doing so and cannot seem to break past it, we have just closed down past support and we are in run for a bearish move, we have put our TPs according to previous market structure and have aimed for the last swing low
AUDJPY DOUBLE TOPAUDJPY price has just hit very significant resistance and is showing signs of a perfect double top, price has also closed past the short consolidation period at the top of resistance on the 15m chart so we are all ago for a bear move
GBPJPY CONSOLIDATION BREAKOUTWe can see price has been bouncing between these levels for some time now and we have finally had a close bullish on the 30M chart. We are aiming for around 250-300 pips with a small SL
BEL CONSOLIDATIONfor uppers side price should sustain above resistance line and for down side price should sustain below supporting line. Currently price is consolidating
GER30 - High & Tight Flag PatternThe high & tight flag pattern is one of my favorite setups to trade & historically is one of the best setups that the market has to offer. This one, in particular, is downgraded due to its location relative to the overall state of the market, but nonetheless, still, something that may be interesting to many of you breakout traders out there.
When it comes to breakouts, there are 3 methods that I teach for how to trade them. 1) Entering a position prior to the breakout in anticipation that it will happen. 2) Entering during the breakout, so while it is happening & 3) Entering after the breakout, meaning once the breakout is confirmed.
All have their pros & their cons which need to be taken into account.
The projected target level for me is the previous shelf of structure support which I would expect to act as a form of resistance. We can also pair that with a 61.8 Fibonacci retracement taken from the larger swing. The larger target projection level comes near the top of the previous consolidation zone at the 78.6 & largest volume spike.
Hope this idea is helpful & as always I encourage you to leave any questions or comments below.
Have a great day! - Akil
XAUUSD Consolidation Breach 24.03.2022Seems that Gold is moving upwards, breaks consolidation and possible next resistance is at 1960.
However, to be more cautious the TP should be placed earlier
GBPUSD out of consolidation? 24.03.2022Downward move just begun
The Consolidation phase is not so strong so the downward target as indicated by the arrow might not be the correct one
The FUD keeps subsiding and recovery signs are emerging 👀Bitcoin is the dominant crypto currency and the whole market is somewhat depending on the health of the Bitcoin price chart.
Bitcoin dropped by 50% from its previous ATH around 68k within 3 months.
Since then we are consolidating into a wedge pattern with a ceiling around 45k and a rising floor currently around 39k.
Bearish stuff:
We are below the weekly bull market support band which currently ranges from 43k-47k.
Currently we are not able to break the 45k level and a further decline could send us back to lower lows.
We did not create higher highs yet and are in a consolidation phase during a down trend.
We are below the 100MA and 200MA.
Bullish stuff:
Since February we are consolidating with a rising floor.
We broke the downtrend for price and on the RSI.
Trading volume is increasing since the start of 2022.
We are still above the macro support level of 30k.
Price is above the 50MA.
We believe that the people that hold through these hard times will get rewarded.
What is needed is patience and endurance.
Bitcoin got additional attention during the Russian invasion in Ukraine.
People could use Bitcoin but have trouble withdrawing their fiat currency.
Donations are also made using cryptos which leads to additional attention.
Ukraine legalized cryptos because of that.
The FED started with rate hikes and takes a closer look to cryptos.
This is a novum and it seems that Bitcoin became to big to ban or ignore.
We expect bullish times ahead can't wait for it.
Feel free to comment or ask anything you like.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
Ctumblery
Marathon Digital Holdings screaming with many bullish signalsAll indicators I'm using are screaming at me right now, telling me this chart is bullish.
Before we start, it seems the chart is currently consolidating at a major area of support. Bullish.
First, lets start off with the RSI divergence. It is marked with white trend lines. You can see that the RSI shows greater and greater strength while the chart is consolidating.
Second, the aroon-based strategy indicators are telling me that there is likely going to be a 6 indicator symmetrical pattern. Starts with a higher sell indicator, has a short channel in the middle, then it should be followed by a buy indicator at a lower position, near where the empty circled area is. I've seen this pattern often, and it usually is followed by a reversal up to resistance. It also can be bearish, where it is flipped and ends with a sell indicator (higher than the rest of the pattern). I'll be making a video on how I interpret charts this weekend.
This is NOT financial advice. I am 14 years old, while I trade with my parent's assistance, I am not an official source or advice, and shouldn't be treated as such.
Do your OWN research and DD.
BITCOIN BULLS ARE PREPARING Last Week was Bullish
Hopefully this week will be BULLISH too.
I am looking @ BUYING @ 38K with Stops below 28K and target back above 45K and potentially back to 50 region again.
I have some SHARK PATTERNS to support my Bias with a 88.6% deeper rejection of all our current consolidation patterns.
Then we have some OrderBlocks that manages to break 3 4hours previous Highs which is a BULLISH Break of Structure. And once that has occured then you know from experience going back up above 45k will be easy cheezy.
If my Bias above is right I will hold the firm believe that we can see a much more higher prices to BITCOIN to 92K which is very ambitious target and also I was researching the Thermocap Multiple which is Dividing Bitcoin price and cumulative miner reward yields the so called Thermocap Multiple and I found out that the BULL RUNS of bitcoin can effectively goes to $151k for the BULL CYCLE.The question is not if we are going to get there but when and the world can be crazy within a decade to ultimately put BITCOIN price close to $70K per bitcoin and therefore I see much upside potential for BTC.
