Dailychart
Divergence spotted on Bitcoin! After Feds. Daily chart!Just after the feds meeting on tuesday dec 14, i anticipated a buy the news opportunity but decided to wait untill today( dec 15). I went to the BTC/ETH daily chart and tried to spot potential buying opportunities and to my greatest amaze for the first time in my short crypto trading life i had spotted a bullish divergence on the RSI oscillator on the daily chart. After realizing that the market is coming from a recent dip and a potential bull run next year january, i am considering buying the "dollar cost averaging" style and probably waiting till the end of the week to examine the full divergence set up on all possible time frames for more accurate confirmation. Hopes these helps?
BTC Support Trendline Confirmation?BTC daily looking for some kind of bounce around 52k so we can touch and confirm the lower support trendline.
If we do, there is potential to print some kind of bullish divergence on the MACD Histogram/lines, RSI and Stochastic RSI. Some more Volume is key here to see some kind of reversal/bounce out of BTC.
BTC Triple Falling Wedges in the ChartOK, Hello lovely people...
We are looking to three different Falling Wedges Which
two last of them were broken when price hit a strong
support just like 53000 USD Level.
this was my idea about falling wedges I saw in chart ...
maybe this is the moment bulls are coming back ...
I Hope if it was useful for you
Wed 24th November 2021 EUR/JPY Daily Forex Chart Buy SetupGood morning. Just looking at my Daily Forex charts and 2x new trade setups identified this morning. This one being a buy on the EUR/JPY. You can read my notes on the chart to see my thoughts about this one. I like it and can see potential, but as we all know, price is king and can go wherever it pleases :) Cheers.
Mon 22nd November 2021 XAU/USD Daily Forex Chart Sell SetupGood morning and welcome to the start of a new trading week. Only the one new trade setup identified today on the Daily time frame use the JAGfx High Probability/Divergence trading method, and that is a sell on Gold. You can read my notes on the chart regarding this trade, but it is slightly higher risk but I do like that small resistance level on price. Cheers.
EURUSD selling opportunityEUR depreciating after a year and a half of staying within the same range, the fundamentals and technicals both point downward for the time being.
Disclaimer: This is a risky and long-term holding position, you can stay in the red for months before getting in profit, however if you have discretionary skills and get in at the right time, you might be able to make quick profits in several days or approximately 2 weeks. Stay neutral until strong confirmation of downtrend movement.
It is the time Ripple: XRPUSDT LongIt's been a while we're all waiting for #Ripple #xrp.
Now the daily chart is quite beautiful;
Strong S/R levels showed up,
A symmetrical triangle formed,
200 and 100 sma act as strong supports,
A powerful descending trend line which needs to be clear.
Hint: the #xrpbtc chart is at a strong support as well.
#Bitcoin pumps and dumps can destroy any analysis, but to be honest, when I look at this chart, I do not care about whatever #btc might do.
Targets can be higher if market was in a good mood. These are what we can talk about for now.
This is a daily chart, I do not tell you where to enter; check out 4h timeframe and find the best point by yourself.
Manage your risk.
Obviously, a stop-loss should be considered below the symmetrical triangle and support area.
Good luck,
Median Eagle.
Not the most clear chart 50MA (Daily) Squiggles BTCUSDT LONGNFA.. Just a few squiggles on a chart.. Here is just a Sine wave replication of the 50MA (Daily) 0 offset But shifted vertically.. (Ribbons if you will..)
50 Day of the Sine wave going forward you can see this is respected acting as support/resistance.. Possible targets.. Well you can deduce from where likely reversals are to be found & likewise for breakouts and areas of consolidations .
I tried my hardest to make this as confusing as possible. Let me know how I have done..
For cleaner/accurate charts checkout @TechDev_52 @JohalMiles For overall market wisdom/knowledge checkout @standfieldken 's work ++ @cryptobirb ... #Bullish on #bitcoin
Alt market wants to explode to 2.4 trillionIn order to do so however it must first break out o this cup and handle pattern it has been forming. Many alts at the moment including Ethereum and Tezos are in similar cup and handle patterns. Just waiting on price action to firmly break above the rimline o the cup and lip it to solidified support first before we can confirm the breakout. It could take it’s sweet time locating just under the rimline for multiple daily candles before I ally breaking above. It could be as early as tomorrows candle or it could be multiple weeks away still. Whales may very well be waiting until they see a bunch of people flipping their alt holdings into btc before they finally try to trigger the total2 c&h breakout. Either way, I don’t anticipate most alts currently in a c&h having their breakout until we see the total 2 chart confirm its breakout. My guess is we will see the breakout sooner rather than later as I anticipate the 1 day 50ma(in orange) will maintain solid support and help to lift price action above the rimline and keep it there.
Mon 15th November 2021 AUD/NZD Daily Forex Chart Buy SetupGood morning fellow traders and welcome to a new trading week. Just the one new setup identified on the Daily time frame Forex charts today, and that being a AUD/NZD buy trade. You can read my notes on the charts to see my thoughts on this. I would definitely be keeping that remaining partial sell trade on though if you can, just for some protection. Cheers. Jim JAGfx.com
BTC Analysis1-What's BTC market bias as of now?
-Price has formed (or 90% formed) an ascending wedge (red lines), which indicates a down movement possiblity.
-Price is near monthly support (63K zone). If price breaks it, it will continue downward. If it bounces back, it will go to the wedge's upper limit (mentioned in a).
-Volume (yellow line at the bottom) is decreasing; less and less money has been used to buy BTC. This indicates a lack of interest in the market which drives people to avoid it or use as little amount of money as possible. Usually, this ends up with the price moving downward.
-The volume profile of the market shows that since the start of the year, large amount of money was poured in when the BTC price was around 31K-40K. The next wave of money poured in was around 45K-50K, and last one when the price was around 54K-60K. The amount of money used decreased respectively (shown in the left side of the chart as horizontal bars). Again, this has the same conclusion as the point above.
*Conclusion: market bias >>> Down movement.
2-Where would the price go to in that case?
-The regions mentioned above (31K-40K/45K-50K/54K-60K) act as support levels and the price will most likely move to one of them starting from the nearest (54K-60K) and bounce back up. If price doesn't bounce up, it will go to the region below it. In case the price falls below 31K-40K region, we can expect a market crash.