Daily ETH 4HChart - resistance and supportHello everyone, let's look at the ETH to USDT chart on the 4-hour timeframe. As you can see, the price is moving above the local uptrend line.
Let's start with the support line and as you can see the first support in the near future is $1550, if the support is broken then the next support is $1530 and $1515.
Now let's move to the resistance line, as you can see the first resistance is $1573, if you manage to break it, the next resistance will be $1591 and $1605.
Looking at the CHOP indicator, we see that the energy is exhausted, the MACD indicates the maintenance of the local downtrend, while the RSI is moving at the lower end of the range, which may result in a trend reversal.
Dailyanalysis
BTC 1HChart - ShortTermHello everyone, let's look at the BTC to USDT chart on a 1-hour timeframe. As you can see, the price is moving below the local downtrend line.
Let's start with determining the support line to which we will use the trend based fib extension tool and as you can see, the first support in the near future is $22016, if the support is broken then the next support is $21712 and $21474.
Now let's move on to the resistance line, as you can see the first resistance is $22452, if you manage to break it, the next resistance will be $22601, $22751 and $22954.
Looking at the CHOP indicator, we see that the energy has rebuilt in the 1-hour interval, the MACD indicates a local uptrend, while the RSI is moving at the lower end of the range and has a lot of room for growth.
Daily ETH 4HChart - resistance and supportHello everyone, let's look at the ETH to USDT chart on the 4-hour time frame. As you can see, the price is moving above the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $1619, if the support is broken then the next support is $1604, $1590 and $1569.
Now let's go to the resistance line, as you can see the first resistance is $1649, if you manage to break it, the next resistance will be $1662, $1674 and $1693.
Looking at the CHOP indicator, we see that we have a lot of energy for the next moves, MACD indicates the maintenance of the local uptrend, while the RSI is moving in the middle of the range, which makes it difficult to clearly determine the direction.
GBPAUD I Potential short from supply zoneWelcome back! Let me know your thoughts in the comments!
**GBPAUD Analysis - 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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Daily ETH 4HChart - resistance and supportHello everyone, I invite you to review the chart of ETH in pair to USDT, also on a four-hour interval. First of all, using the yellow lines, we can mark the downtrend channel in which the price is currently moving.
Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the support, and as you can see, we have the first support zone from $1603 to $1569, the second support at $1522, but if the price goes lower we have another support at $1462.
Looking the other way, we can also mark the places where the price should meet resistance on the way up. And here as the first we have the resistance zone from $1628 to $1650, then we have the second zone from $1672 to $1703, only when we break it the price will move towards the resistance at $1743.
The CHOP index indicates that the energy has been used. The MACD indicator maintains a local uptrend. On the other hand, the RSI is moving in the upper part of the range, so be careful.
Result of Previous Idea | 140pips GBPUSD | What's Next?Welcome back traders. Here's the result of our previous idea. It was published on February 21 and target reached on February 24.. some 140pips..
Explaining the trade generally:
•Open your chart on GBPUSD Daily frame and mark the exact FVG I marked above and in previous idea..
•Look at the bodies of candles after reaching the FVG.. Ignore the tails of candles that tried to trick traders in longs.
•Open H1 chart and mark the first FVG you see after reaching Daily FVG..(22Feb, 03:00)
•What time is London Open Killzone?
•Do you see how many FVGs we got on H1 and lower time frames(15m,5m,3m,1m)?
•See the opportunities that price offered in active market times (Killzones)..
Want more? Show your Likes👍
Something not clear? Tell me in comments ✍️
AUD.NZD rising wedgeHello Traders,
AUD.NZD daily seems to be forming a rising wedge.
Usually when there's a rising wedge, price seems to break to the downside.
I'm definitely watching this pair to see where price will break!
What do you think about this chart? Do you think it will break to the downside? thoughts?
Have a great day!
Samantha
SasanSeifi💁♂️ AAVEUSDT / 1D HI✌ The Possible scenarios of #AAVE_USDT is specified on the chart,As you can see, After fluctuating between $90/$78 range. Currently, the price faced buying pressure from the range of $78 and was able to grow up to the range of $93. I expect that the price will continue to grow up to the range of $98/$104/$114 and then there will be a slight correction from the supply zone . We have to see how the price will react to the supply zone.
⚪the Support range $80 / $78.
🟢the targets $98 / $ 104/ $114 / $124.
❎ (DYOR)...⚠⚜
WHAT DO YOU THINK ABOUT THIS ANALYSIS? I will be glad to know your idea 🙂✌
IF you like my analysis please LIKE and comment 🙏✌
Daily BTC 4HChart - resistance and supportHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price has broken above the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $24574, if the support is broken then the next support is $24287, $24063 and $23845.
Now let's move on to the resistance line, as you can see the first resistance is $25040, if you manage to break it, the next resistance will be $25246, $25433 and $25719.
Looking at the CHOP indicator, we see that most of the energy has been used, the MACD indicates the maintenance of the local downtrend, while the RSI is moving at the upper end of the range, which may give the price a rebound.
USOUSD (Crude Oil) Daily: 06/02/2023: Does it fall more?
Main idea:
According to the weekly analysis, we expect a bear market.
In this case, there is a liquidity pool below 72.42 that can be defined as a first target. There is good support at 72.05, if the price can break this support, the price can fall to 67.5.
After collecting liquidity under 72.42, the price may have a short-term upward move. We can define 74.83- 75.7 as a supply zone that can push the price down.
💡Wait for the update!
🗓️06/02/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
25/01/2023 EU AnalysisBeautiful trading day today where Asian highs were taken out by London before dropping to a 70% retracement level of yesterday's low. Once that fib level was hit we saw signs of accumulation then a displacement leg upwards, if you haven't already entered the market by this point, then you could have waited for the retracement giving you a perfect ICT optimal trade entry as shown. We can expect EU printing higher and higher prices until the daily objective is hit, indicated by the red line above.
Concepts used today:
-FVG
-OB
-Market structure such as market structure shift, HH,HL, etc.
-SMT Divergence between DXY and EUR/USD
-ICT Judas Swing
-ICT Optimal Trade Entry
-70.5 retracement fib
ETH/USD: Daily perspective to watch in Ethereum priceIn Daily timeframe, Ethereum trying to break-out the EMA 200 and we see another chance that may to climb to $1,638 USD, but if we break-out this resistance key in this reaction point, we could to see a bulls enter here This look a very interesting that we can to long position in the specify price that I will want in this screenshot in the next analysis of my long position in H2 timeframe
I hope that this idea support you and find up news idea to trade crypto!!!
EURCAD I Potential bearish breakout Welcome back! Let me know your thoughts in the comments!
**EURCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
AUDUSD I Short-term buy from support Welcome back! Let me know your thoughts in the comments!
**AUDUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
CRO daily close above downward trend since 21st Dec 2021?This downward trend has been supported since 22nd December 2021.
If a daily candle closes above this trend in the next few days it will be first daily close above the trend since the 21st of December 2021.
Although CRO could break the trend there would be nothing to suggest an upward trend would be imminent.
If the downward trend is to continues, I feel there's support but not strong support and we could be looking at anywhere from 5.5 to 2.5 cents for CRO which is crazy as I feel CRO could easily get to $1 in the future.
What are your thoughts?
SP500 Sellside Daily Liquidity Taken.. Next Level👀Very importnat to know this: Sp500 on Daily timeframe has taken a Daily swing (sellside liquidity) so we should "anticipate" a short reversal that might prove very beneficial for us, and if used properly as a short-term bias, it could be perfect to enable us to take extra_low risk on *the lower time frames* for very good daily setups..
Confirmation is needed on lower timeframes before entering..
Not a financial advice.. Consider your situation and take risk on your own only..
Tell me what you think I would appreciate it 🙂
Good Trading All;
EURCAD I How to trade it this week!Welcome back! Let me know your thoughts in the comments!
**EURCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!