EMAS
BTC Long Term And Short Term AnalysisBTC LONG TERM - The bullish divergence looks like it's playing out on the 1D and close above the 21 EMA yesterday which means it could go and test the 55 ema at 25000, so I don't think this bounce is over just yet.
BTC SHORT TERM - On the 1H it looks like it wants to put in a temporary top and pull back a little bit. There is a tiny bit of bearish divergence too, so that could lead to a little pull back on the shorter time frames.
BTC OVERALL - I can see BTC having a pull back today and carry on it's bounce later on today or going into the weekend.
Let me know your thoughts in the comments and like my idea!!
BTC Long Term And Short Term AnalysisBTC LONG TERM - I still think this bounce will carry on to about 21700, the 4H has printed a green spot and it's held the 55 EMA. On the 1D it still looks like it wants to test the 21 EMA at 21200, I think if the weekly closes above 22000 this week we could see a bounce up to higher 20000s.
BTC SHORT TERM - On the 1H it still looks bullish and looks like it wants to test higher with a green spot. It remains above the 21 and 55 EMA, if it stays above the EMAS I can see it testing 21000.
BTC OVERALL - I think because it looks bullish on all time frames from the 4H downwards I can see it going up to at least 21000.
Let me know your thoughts in the comments and like my idea!!
BTC Long Term And Short Term AnalysisBTC LONG TERM - On the 1D the green spot has confirmed from yesterday with bullish divergence at the same time but the stochastic Is still crossing down on the 1D. On the 4H It has come down to the 55 Ema it would be nice to see it bounce off that, If It does then I can see a bit more upside towards 21700.
BTC SHORT TERM - My short term target from yesterday was hit (20400) It's been rejected off that resistance and a red spot and the stochastic crossing down too. Like I said with with 4H as long as It stays above the 55 Ema i can see a bit more upside. Shorter target 21000.
BTC OVERALL - I think BTC will carry on this move upwards of at least 21000 if it stays above 19700.
Let me know your thoughts in the comments and like my idea!!
Gold sets path the up side down.hi, Ive been bearish on gold (check my post) and I still am.
on this level, I see gold is going to end its consolidation which is wave (i) and (ii), and finally sets way south.
i have all my shorts from 1900 and above 1850 protected with trailed SL.
latest short was at 1829 and will be protected at once we reach wave (iii)
trade well,
Alex
GOLD, still short.Hi, I still see short opportunity on gold, unless we have new higher high above 1858 then I will re assess.
Good R:R if u take it from this area.
Trade Well,
Alex
Short Re entry for goldhi, I see current level is the good price for re enter short on gold, as usual it gives good R:R
trade well,
Alex
What's next for gold?Hi, Gold moves as expected, and we had a good short.
this is my current though on gold for now.
im more focus on shorting, if u want to buy make sure u have a very tight & calculated risk.
trade well,
Alex
Bitcoin about to retest 2018 bull market high After having made a big research i think that we can expect more dump on Bitcoin. I have made a weekly time frame analysis and saw too much coincidences with the previous bull market(2018) downside movement. But i will go first with more recent time, we will look a that later. At the moment we can see a clear double top pattern with the highs of April and November of last year witch is a bearish one and then more recently we have a breakdown of the major support at 32500$-28500$ zone with a wick touching 25400$ and a retest of it touching 32400$ .
Okay, now the coincidences:
At the previous bull market we can see a cross down between the exponential moving averages 21 and 55 on a weekly chart, thing that is not usual in Bitcoin, you only see it every few years and it is very likely to be followed by a downside move continuation. Now the same phenomenon was produced the first days of may.
Then in the last bull market it was followed by a -50% move and now if you draw a -50% measure from the may's cross down the end of the -50% move coincides with the last bull market high 20k.
I conclusion Bitcoin may kiss the 20k level and i think that that will be the bottom of this cycle if 25.4k wasn't.
This is only my opinion and pure speculation, not a financial advice, do always your own research.
[H4 Signal] ETHUSDT - Consolidation Technical ReversalBINANCE:ETHUSDT
Timeframe: H4
Direction: Long
Technical Confluences for Trade:
- Price action at Multi-Year Horizontal Support Trendline
- Stochastic Oversold momentum
- Widening of the EMAs
- Fib Channel shows Price action at 0.786 Channel level
Suggested Trade:
Entry @ Area of Interest 1400 - 1500
SL: 1371
TP1: 1680 (move SL to Entry level once TP1 is achieved)
TP2: 2000
RR: Approx. 5.69 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
ETH: WEEKLY EXCLUSIVE UPDATE! BOUNCE INCOMING SOON!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETH weekly update. ETH is continuously falling since April month and we got 10 consecutive red candles in the weekly time frame.
So what we can expect now? A bounce is incoming or do we see more red candles?
Well, I'm expecting a green weekly candle sooner or later. Here's why?
1) Price is forming a falling wedge-like structure in the weekly time frame and slowly heading towards the lower trendline of the wedge. So after touching the lower trendline of the wedge we can expect a good bounce.
2) EMA200 is also in conflict with the lower trendline which gives us more hope of a bounce.
3) RSI is also forming a falling wedge and is currently at the lower trendline.
4) If in any case, it does not hold the ema200 then we might see a fake down move and it might test the previous ATH which is at around the $1400 level.
So by all these possible scenarios, we can expect a reversal soon in ETH, and as you know most of the Alts will follow ETH so we might see a good Altseason soon.
I'm expecting a reversal in the market by late June or mid-July. All we have to do now is patiently wait for the right time to enter in Alts.
This is not a piece of financial advice. This is a possible scenario according to the previous data and some indicators.
What do you think about this?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
3005 4HPLAN XAUUSD 3TPS after confrming breakout last highHello traders,
GOLD looks like accumulating by sideways price action. And returning back above average lines again. After breaking out the recent high 1869 level, it will possible to test fibo 1.27-1.618 position which are targets for buyers.
So just wait for new price pullback to check any new nice position to open buy order to follow such plan.
Good luck on this buying plan.
LESS IS MORE!
Gold short going well, but where is the first stop?hi, my short target is to at least 1815-1811 area and after that I expect some minor pullback.
will trail SL and protect profit, i hope u do too.
Trade Well,
Alex
[Signal] EURJPY: Safe Haven PlayFX:EURJPY
Timeframe: H1
Direction: Short
Technical Confluences for Trade:
- Price action at Resistance of Ascending Channel
- Stochastic Overbought momentum
- Widening of the EMAs
Fundamental Confluences for Trade:
- There is some risk with EUR spiking higher due to the rising inflation situation in Europe but at the same time, global inflation pressure is starting to leave a drag on growth. Risk assets may continue to take a beating and may see some safe haven plays.
- Inflationary pressure is starting to pick up in Japan; may see a change in BOJ's monetary stance (reducing the yield differential between the US and Japan)
Suggested Trade:
Entry @ Area of Interest 139.70 - 140.50
SL: 140.92
TP1: 139.25 (move SL to Entry level once TP1 is achieved)
TP2: 137.85
RR: Approx. 3.30 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
Pullback looks over, back to short?Hi, i just open my short position on gold and as you see it provides good R:R.
as u guys see on my previous post, I've been waiting for pullback to finish its move at 1 more possible high but from how the prices are formed, I'm willing to take this opportunity to short xau and looks like wave 3v begins.
trade well,
Alex
0706 4H PLAN GOLD keep down to breakout to test 1798-1811Hello traders,
GOLD is very bearish on 4h chart that it will very soon to breakout nearest support level 1828 and down to test 1811 first, 1798 after.
Plan you selling order based on the bearish double head with new swing after retesting the EMAS.
Good luck !
LESS IS MORE!
Gold possible path for this weekHi, I see gold will push for one more high before rallying south to its final target to complete its wave 4 major cycle.
Shorting from C=B area provides better R:R rather than buying on current price.
if you have plan to buy, then invalidation area below 1828.
trade well,
Alex
Why Is BTC about to begin a bullish rallyBTC is about to begin a bullish rally and here's why:
Looking at the graph, we can see a candle with an extremely big wick pointing upwards has formed (A.K.A. Inverted Hammer). There are also other reasons why it's about to happen. They include:
- Price hitting the 200 EMA and not crossing
- Price hitting the 61.8% fib line
- The downtrend is losing its momentum (hence the decreasing candles)
- The timeframe is 1 week
There is still a chance, however, that the price will keep dropping. But because we are talking about multiple types of traders, we can safely say BTC is about to begin a rally.
NOTE: this is not investing advice. If you would like to go against my advice, feel free to. There is nobody stopping you.
BTC Log Chart w/ Layered Curved BandsBitcoin on the Log Chart w/ Layered Curved Bands, EMA's, and Stoch RSI on Weekly. Currently trading under crossover of EMA 9 under EMA 100 historically signaling move down to lower curved bands in Bear Market. A test/bounce on the EMA 265 has occurred but, lower dotted trend line (Support) has yet to be hit. The dotted upper trend (Resistance) and lower trend (Support) come to an apex mid 2025. Perhaps a nice move to the upside after a break above dotted curved resistance line leading back up to a higher band if BTC keeps it's course/projection. Bands: Green - Buy Zone, Blue - Profit Taking, Red - Heavy Sell Zone, longterm outlook. Historically Bitcoin respects EMA 9 and EMA 100 crossovers signaling a BEAR or BULL market. Considering current economic outlook and the Fed planning on continuing to raise rates, possible recession, and other global issues, I see continued price action in the buy zone to the end of year with a possible visit to lower dotted support. Watching out for price to break past down sloping trend line then followed by the EMA 9 to cross back above EMA 100 for the potential start to the next Bull Run. Also, confluence with Stoch RSI has been a good trend reversal signal when bottomed/near bottomed out. Time to build!