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Dailychart

BTC Bounce or... Fakeout?We are having a nice little bounce here, but don't be fooled just yet. I am very convinced this is a bull trap to get everyone to go long. Then we will likely break this upper falling wedge resistance trendline and convince the market we are reversing before having another shakeout to liquidate the longs and then continue up. If you are holding for the long term then don't worry. We might get a few good short term trade setups over the next few days. I am looking for some kind of rejection from the 46-48k level. A little pain relief over the last 2 days, especially to those who bought BTC at 40k area. Watch out for the bearish order blocks in the image (light blue lines) We will likely see a rejection at one of the 2 blocks. Trade safe guys. Don't get comfy just yet!
by UnknownUnicorn15302902
EURCHF looking up 🦐EURCHF on the daily chart after the long downtrend breaks the 2 converging trendlines. The price found a bottom and moved now to the weekly resistance. According to Plancton's strategy IF the market will break above and satisfy the Academy conditions we will set a nice long order. ––––– Follow the Shrimp Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
Long
by InkyGrip
6
#NZDCAD Falling Wedge Pattern#NZD/CAD Hello everyone, and welcome to my TradingView profile, my name is TRADiNG_Club_ and today I am going to analyze #NZD/CAD a full technical analysis on different time frames using a translation of market information While doing so, let me give you a personal opinion about it. The next most likely market movement and helps you find and manage market opportunities. My thoughts are for those who are interested in improving their financial education. Thank You❤
by TRADiNG_Club_
BTC Reversal IdeaHey guys, BTC is resting on a key support, breaking this level would mean the short term up trend is broken and we will have to reassess the next zones of support. Here are the bearish order blocks that will likely get filled. MACD, RSI and Stochastic RSI are all trying to curve upwards currently, we are looking for a small short term bounce out of BTC before we come back down to retest the trendline, make everyone place large short trades, and then have a massive short squeeze to liquidate all the shorts. This happens time and time again. Just an idea for you guys.
by UnknownUnicorn15302902