Daily BTC 4HChart - resistance and supportHello everyone, let's look at the BTC to USDT chart on a 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 $23303, if the support is broken then the next support is $22829 and $22175.
Now let's move to the resistance line, as you can see the first resistance is $23698, if you manage to break it the next resistance will be $23993, $24287 and $24711.
Looking at the CHOP indicator, we see that most of the energy has been used, the MACD indicates a local uptrend, while the RSI is back to the upper part of the range.
Dailychart
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 in a triangle marked with yellow lines.
Let's start with the support line and as you can see the first support on which the price is currently based is $1602, if the support is broken then the next support is $1569, $1562 and $1422.
Now let's move on to the resistance line, as you can see the first resistance is $1614, if you manage to break it, the next resistance will be $1639, $1659 and $1679.
Looking at the CHOP indicator, we see that there is some energy left for a new move, the MACD indicates a local downtrend, while the rsi is moving at the lower end of the range, which gives room for new increases.
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)..
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US100 daily time frameGood morning traders, I have been quiet for a while, I hope everything has been going well.
My US100 daily tf analysis. I have posted the daily analysis on this pair before, hoever this is an update on how it is playing out. If you look at the left of the chart, you can see that market reversed after an uptrend(cant be seen) I want to point out the 3 levels that price moved down after this reversal(marked on the chart). After these 3 levels of retest and fall, The market then formed a massive double bottom, which was made up of 2 smaller double bottoms as shown on the chart. We have been buying this pair for over a month now, with sells in between(because market always has to retrace) So as it stands now, market had formed the double bottom on the daily time frame, so we are in for very strong buy, for the next few months if this reversal is respected as analysed.
Price at the moment has broken above the 200 and 800 ema resistance, making it a support. Price went down to retest that zone the day before yesterday, and yesterday it began the move up. So I expect buys on this pair, and will wait for the correct signal to enter, as I closed my sell trades yesterday from the day before.
DOJI CANDLE ON THE $AAPL DAILY CHARTYesterday's choppiness & market direction indecision in the tech sector can be summarized by this DOJI candle on the APPLE daily chart formed off the 200 day MA and closed just above the 21 EMA. Possible reversal to retest and break $150: LONG. Level of support of 146.75 area, break below: SHORT
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
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 uptrend line.
Let's start with the support line and as you can see the first support in the near future is $1636, if the support is broken then the next support is $1603, $1569 and $1522.
Now let's go from the resistance line, as you can see in the first place we have a strong resistance zone from $1673 to $1718, if we manage to break it, the next resistance will be $1743.
Looking at the CHOP indicator, we see that we have a lot of energy for further movement, the MACD remains in a downward trend, while the RSI shows a visible rebound.
EU made a retracement Friday. Looking for Bullish movement!After Top- Down analysis i'm looking for EU to move to the upside.
This is not trading advice or a signal!
The Website should not be relied upon as a substitute for extensive independent market research before making your actual trading decisions.
Retracement of BTC and future movement looking at the 1D chartAs the MACD is showing us we came across a "cross of death" also known as the position when sellers overpower the buyers. As we take a look at the market on the daily chart we can see that BTC is retracing probably retesting the local support which is situated at 21.5k in the following month we will get a new oportunity to buy the current dip and stack on the most reliable assets. My prediction is that after a retrace and retest of the support we will see another bull run that will last until mid march or the beggining of april where we are tarketing the 25k mark.
Daily review of BTC interval 1HHello everyone, let's look at the BTC to USDT chart on a 1-hour time frame. As you can see, the price is moving below the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $22772, if the support is broken then the next support is $22535 and $22335.
Now let's move to the resistance line, as you can see the first resistance is $23042, if you manage to break it the next resistance will be $23298, $23498 and $23708.
Looking at the CHOP indicator, we see that there is more and more energy for the next move, MACD indicates a local uptrend, RSI moves in an uptrend.
We can also see that the EMA Cross 10 is approaching a cross from the bottom of the EMA Cross 30, which would confirm the entry into a local uptrend.
Silver nearing 2nd inv h&s target & goldencrossSilver hit the first inv h&s breakout target (not shown here) back on november 13th and is now about to hit the second one (dotted yellow line). I will post a link to the previous silver chart idea so you can see how that purple inverse head and shoulder pattern played out. *not financial advice*
TMUS Earnings WeekOn Wednesday, TMUS reports its quarterly earnings. The last earnings report saw a gap on the surprise earnings, but overall the price did not do much. TMUS's price has remained rangebound between the high and low of the previous earnings week. Looking at the earnings estimate, analysts are predicting an increase in earnings from the prior quarter and the same quarter last year, which could provide the catalyst needed to break out of this range.
TMUS managed to post steady gains over 2022 when the SP500 and the Communications Sector (XLC), the sector in which TMUS is a member, declined. This upward progress shows underlying fundamental strength. The price action leveling off this last quarter could mean a few different things. The response to this earnings report could show it was just price action taking a breath.
Stepping back from the TMUS chart, the SPY marked a significant milestone last week by closing above its resistance line that formed during 2022. We also see that XLC is one of the top-performing sectors YTD.
A surprise on earnings coupled with a break of the previous earnings week high could mark the beginning of a new strong uptrend for TMUS.
ADAUSDT NEXT BIG MOVEMENT!!Here we can the daily chart of "ADAUSDT" it has a trendline RESISTANCE at "0.3473" and a HORIZONTAL SUPPORT at "0.2991". The candle is trying to break the resistance zone with high volume and here we can look for a long opportunity at the zone of "0.3473" and expect price at its major resiatance at "0.4296" with a stoploss at "0.3364". And if its takes rejection fron the line then it can reach the support line at "0.2991" and we can also look for a good long opportunity here.
ENJOY !!!
RBLX WKLY Block Buy 8.5:1See chart. Could take out the SL but that 21.40 is where mine would be. This is for demo purposes only. NOT A TRADE CALL - wkly blocks if buyers step in this is a good place. I would look for a TRUE ENTRY on the lower TFs for better entry point - 60/15 are the bread and butter for a FVG setup to form and give the signal. I will trade this with paper only.. do not like these atm -- very speculative. RR is super nice though.. Lets see