NQ100 Non Stop FallingHello my friends NQ100 goes down cause last few days we have had holidays in the market which made conflict the market to go down on time so second reason is trend line is showing us a "fake break out " so without any worry, I made my short position for it.
Let's see what is going on.
Good Luck.
Daily-chart
CS Group - CSGN• Slightly upside corridor since beginning December 2022 (daily chart on the left side)
• The stock is currently trading at the bottom of the corridor (left side chart)
• Low volume in the last days (left side chart)
• Break out of the decreasing trend line in the last weeks (weekly chart on the right side)
• Supportline at 2.654 (right side chart)
• MACD line crossed the MACD Signal upward, which supports the outbreak of the decreasing trendline (right side chart)
• Stay neutral and wait if the support will hold
Get ready to trade this level on bitcoin | BTC I'm going to long bitcoin from the level i've market below but it needs to be watched, don't preset this on your exchange you need to watch it as it's a bit choppy in the weekly to daily level.
You can see the daily marked above where we bounced from the dollar.
This next level looks fairly strong to trade
will there be a slight correction.A bit of airing out some consolidation and bears might take a couple of week this September. The winning streak belongs to the bulls as this upward channel play out a much tolerance to the previous ATH at 64K price. then next resistance might be hovering between 75 to 85k. Well, it a wise to stay DCA'ed and stick to you plan and trade your plan.
Bitcoin DAILY Outlook - Fall Out of Rising Wedge or Not??***This is what I've been watching on the DAILY - For Bitcoin... ***
@everyone
- 15 Hours are left in this daily candle...
- If we maintain upward momentum in the next 6hr-to-8hr candle
- ...and if we manage to bounce and hold above the green box...
- The next goal will be to cut up through the 2 red boxes above.
- If the Daily can't stay within this Rising Wedge over the next Day or 3...
- ...Long holders will be in for max pain.
- So let's hope for 6hr and 8hr candles to bring some decent pump action
- Although there are good signs on the 6 and 8hr, the Daily still looks a little bearish
on the momentum front...
- The Green Money Flow Indicator on MCB is looking okay though...
- So I would say on the longer term BTC is still at a bit of a big decision point...
Be Safe Out there!!
CryptDude
TRADING BITCOIN FOR THE COMING MONTS AND LEVELS TO WATCHLet’s take it to the daily timeframe.
Even it’s been a monster move, Bitcoin has a healthy uptrend, consolidating before next impulses..
Long story short:
If Bitcoin follows the red channel the next wave up is aiming to conquer the $80,000 USD area...
Remember consolidations and healthy corrections are needed to continue this uptrend beyond the first target 🎯
Daily Chart UpdateThere is not much to say besides my notes of the daily chart, short-term trend remains bearish and we can not talk about reversal in the coming days if bitcoin does not exceed the upper band of the Kama average at 9400 dollars.
The last bottom has been done inside my bitcoin price model v1.1 95% confidence level bands, we could see a further lower bottom but the prices begin to become interesting for those who want to accumulate bitcoin as a long-term investment.
Golden Cross on XRPUSD now 1 day away! Exciting to see that it seems inevitable we will see the golden cross on xrpusd come wednesday. A small retracement on tuesdays candle is not a bad thing as it brings price action closer to the golden cross for the time it occurrs which usually tends to give it better odds of being a sustained golden cross. We might not see price action respond immediately but it will very very likely respond a day or few after and probability is favoring the cross to not get uncrossed and be sustained as well. Smart to be prepared in case of a fakeout but one is very unlikely to occur. next xrp temporary bull target is 47 cents.
Many signs on Euro/Australian Dollar Good Sunday Traders,
we are looking at the Euro vs. the Australian Dollar on the daily chart. I really like this trading idea and entered a short since 20th July. So why do I think that the EUR/AUD pair will fall at least to the neck of the right shoulder ?
First we see clearly the head and shoulders pattern with a little bit higher right shoulder against the left one. Anyways i think as we go higher in timeframes patterns like the head and shoulders are more valuable than in lower frames like 15min charts.
Putting out my fibonacci retracement and looking at the last swing high (right shoulder) the daily candles did not close above the 61.8 level, which also forms a low support / resistance line. Combined with the 61.8 level, its a powerful line and as we saw on Friday evening price rejected from it downwards, broke out of the last daily candles consolidation and should move a lot more lower...
Wishing all of you a great Trading Week.