#btc $btc (New update in Daily timeframe)Dear Friend
Technical Analysis
Support at the bottom of the channel can return from this range by increasing.
Even if the channel is broken, we have a static support range.
But if I move down, I do not expect much support for 30.
Because it will surely disappear in that area
Descending pattern
To confirm the pattern
Channel + pullback failure with increasing volume
Dailychart
XAUUSD DAILY TF UPDATEOn the Daily TF, the price action indicates to go south. Last week broke the Daily swing low at 1680.41 and does not create a new Lower Low so this means it has a high percentage of going down. As long as there is no change of character forming at the 4H TF then we go to the bottom
BTC Bullish on Daily chartMy thought and wish is bullish on BTC:
- Bullish Divergence on weekly
- "Double bottom" on daily chart
- Hammer candle, showing big buys at 18-19k
We just have to wait for the investor that move the market; if it doesnt move in 10 days we will see a crash
NOT FINANCIAL ADVICE, JUST MY WISHES AND THOUGHT
Bitcoin range play: upside potentialWe see on the daily chart that support at the June-July range low, 18.8k, (which is also the 2017 high) is very strong.
The candle is very bullish and is accompanied by powerful volume.
Further downside at this point seems much less probable than more upside. Therefore, my analysis concludes we will be continuing the range upwards now.
21.6 seems the obvious next level and a *safe* TP point.
22.3 is more of a high-conviction play and not improbable, but in these environments I think safe plays are not a bad thing.
Once we get to those price-levels, which is to say: the top of the June-July range, it will be easier to evaluate whether we will be rejected again to continue the June-July range downwards, or whether we will push through to 24.4.
I still believe 28k may be on the charts for a bear-market rally local top, and it would be the perfect bulltrap. But first things first.
Aggressive profit taking is always recommended in these environments.
Hope it helps, and enjoy your day/night!
USDJPY It will keep growing! LONGWelcome back! Let me know your thoughts in the comments!
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daily chart analysis for SUMICHEMStock analysis for SUMITOMO CHEMICAL IND LTD
keep watching add to watch list
price falling each time when touches to upper trend line
with conforming signal by RSI falling when it touch to 70
again price is testing upper trend line and RSI at 70 from here we can expect down side move in stock to lower trend line
if price successfully closes above upper trend line then it may go more up side
if price breakdown the lower trend line then rsi trend line will also break then will consider it more fresh selling and fall in price
BTC Daily TA !BTC look like its taken its profits and now moving to the downside for a bit before it takes off again. Bearish till $18900. BTC will pick up again to bull resistant at $21200 and next to $23000 again. If It can break above $23000 We will see new high. Follow for daily TA.
~CryptoWhale100Billion~
US DOLLAR INDEX PRICE ACTION AND CHART ANALYSIS w/ upcoming NEWSWelcome back to another video, today's video is about analysing the NASDAQ (NAS100) using the monthly, weekly and daily timeframe to understand and see price movements for possible next direction (either downwards or upwards trend).
P.S NOT A FINANCIAL ADVISOR... JUST EDUCATIONAL AND LEARNING PURPOSE ONLY...
FOREX ANALYSIS: USDCAD CHART ANALYSIS w/ ORDER FLOW AND NEWSWelcome back to another video, today's video is about analysing the NASDAQ (NAS100) using the monthly, weekly and daily timeframe to understand and see price movements for possible next direction (either downwards or upwards trend).
P.S NOT A FINANCIAL ADVISOR... JUST EDUCATIONAL AND LEARNING PURPOSE ONLY...
NASDAQ PRICE ACTION AND CHART ANALYSIS w/ ORDER FLOW AND NEWSWelcome back to another video, today's video is about analysing the NASDAQ (NAS100) using the monthly, weekly and daily timeframe to understand and see price movements for possible next direction (either downwards or upwards trend).
P.S NOT A FINANCIAL ADVISOR... JUST EDUCATIONAL AND LEARNING PURPOSE ONLY...
ACTION CONSTRUCTION EQUIPMENT LTD ACTION CONSTRUCTION EQUIPMENT LTD GOOD FOR SWING
Daily chart time frame breakout
volume is high
BUY 301.90
sp 267
1st target 333
2nd target 365
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DXY breaks daily high.. is it enough?So the target was hit today on daily. Question is whether it is now time to go short! LETS GO! Pick the top and ride it, right!.. wrong.. who cares if you pick the actual top, only your twitter feed. NOT YOUR ACCOUNT.. are you here for entertainment, or to make $ and grow the account. EASIEST way to lose money and blow account - Picking tops and bottoms. Who will tell you this.. EVERYONE that has done it and blown live accounts.. yep.. most of us. Time to wait for the actual set up to form on EURUSD - there will be time to get in it... have achieved one goal.. now I would get out of longs up here or trail stop tight.
Happy trading!
-- Doc
CADCHF SHORT-TERM SHORT OPPORTUNITYWelcome back! Let me know your thoughts in the comments!
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DOWJ is in a daily uptrend.Applying elliot wave analysis on the daily chart you can clearly see we are in an uptrend to grab liquidity near the all time high. I used a combination of volume + price, fib, wyckoff methodology to mark up this chart.
If you want to learn more I owe any of my TA skills to www.tradingview.com
Disclaimer: If you don't know proper trade or risk management, then you should be paper trading.