Bearish market comesIn recent days, positive dollar news was released by the Federal Reserve, which was a positive signal for the growth of the dollar.
Over the past week, the EUR / USD chart has tried several times to break the 1.175 price ceiling, but failed.
This chart is in a downtrend.
However, if it can break the 1.175 ceiling, it can be said that the market is bullish.
At the beginning of the week, the price chart is expected to reach 1.173 and then the market will fall.
Germany's manufacturing PMI was lower than last week's market forecast. Other euro figures were weaker against the dollar.
In this analysis, two areas for entry are highlighted in blue. Losses are marked in red and profit areas are marked in green.
This is just an analysis. Not a financial recommendation
Finance
CRYPTO MARKET CAP - ALTUS.FINANCE⚡️MARKET CAP
👉 Drawing a Fibonacci retracement from the market cap's high this month to the low of this month reveals that we are in the process of forming somewhat of an inverse head and shoulders pattern.
👉 We must not ape in to any trades but wait for further confirmation that the bull run is not yet over. The entire space could see a large injection of money within the next couple weeks. Taking us op to back over 2T.
👉 Just 20 Minutes remain till the close of this 4H trading candle. We need to consolidate over the 0.236 Fibonacci level in hopes of an overall green sentiment amongst market participants for the rest of this week.
Bitcoin (BTC/USD) Weekly Daily Chart Analysis For Sep 13 2021Technical Analysis and Outlook
Bitcoin has been moving upwards since Sept 14 by breaking out from a Mean Sup $44,530 accumulation channel and accelerated.
At that moment, the Bitcoin price is trading around weak resistance marked at $48,150 and is due to accelerate to our Mean Res $52,600 and Inner Coin Rally $54,550 . However, BTC’s recovery at this level will face stiff resistance, indicating that bears will be very active at this higher tier prices.
On the upside, analysts remain bullish, as indicated on the August 9 chart and some other different fast-time charts that underline the bullish potential for Bitcoin. See the 'Weekly Market Review & Analysis For September 13, 2021" page at the usual site for the rest of the market story.
AUDUSD H4 - Short SetupAUDUSD H4
I'd like to see something like this unfold on AU, as mentioned in the technical rundown, dollar gained some nice strength off the back of the figures seen yesterday across retail sales and labour data. We saw a DXY upside break, breaking 92.800.
AUDUSD respective support saw a downside breakout just like NZDUSD, retest has been seen, just looking for that resumed USD strength and continued eastern weakness.
Ethereum Looking Nice!Ethereum is looking like it want's to hit new all time highs in the weeks to come. It is holding strong and has been forming high lows and higher support levels! Fundamentally the potential of Ethereum is still mind bending especially considering the fact that now Ethereum is burned everyday on its way to becoming a "scarce" crypto asset. Ethereum is the future of DeFi. The first mover advantage is powerful.
GBPAUD H4 - Long SetupGBPAUD H4
As mentioned in the technical rundown, this was yesterdays trade of the day, I managed to bank 1.5R on this after pushing circa 2.2R profit. Couldn't optimise the close, but caught the biggest and fastest chunk which I was happy with.
GBP inflation data out this morning showing positive signs and outperforming analyst expectations. GBP positive, but we haven't really seen much of a move off this. AUD again weakness continuations due to everything ongoing with CV19.
Looking for a break above resistance and our 1.89 handle, subsequent retest and long opportunity in line with the previous support/resistance break and retest we saw on the 13th September.
TINPLATE - A less know TATA company TINPLATE -
1. Forming a cup structure.
2. Recent breakout inside cup.
3. Coming back for a retest on weekly TF.
Accumulate it up till 260 levels with a SL of 21EMA.
A breakout post 320 will be massive.
P.S - This is a less known TATA stock
FII have increased their holdings from 0.73% to 2.42%
USDWTI H4 - Long SetupUSDWTI H4
Something we were following last week, took a couple of short positions on this pair for 1R and 1.3R before being stopped at entry/profit.
We have now started to see an upside breakout of both S/R and trend sequence. A bit more of a convincing breakout and subsequent retest could offer us long entries.
S&P500 Financial Sector coming up!SP:SPF
S & P500 Financials 1D
The S & P500 financial sector looks very promising at the moment. Until the price goes below the level = 618, we still have the idea of convergence, which is now almost formed. This means an increase in prices for shares 658.24, 676.86, which are part of this sector. (65 tickers)
@CabinetTrampa
BITCOIN | Wait For The Last Confirmation!Hi,
The price of Bitcoin has got a solid rejection from previous minor breakout areas. Wait for the last one - at least 1hour candle close above 23. Aug. high, above the shown higher resistance line.
If this TA matching with your own analysis then wait for a retest of the breakout area and go for it!
Waiting....
Regards,
Vaido
COMPUND FINANCE (COMP) Looking Nice.Looks like we're sailing towards some price appreciation in the days to come. Blue chip DeFi projects such as Compound Finance will perform well throughout this year. Decentralized lending protocols play such a vital function in DeFi.. We're oversold on the daily Stochastic RSI and about to bullishly diverge on the MACD. I'm liking how COMPs chart is looking moving steadily sideways. May be a decent time to get in on a short term. Only 10,000,000 coins and 55% are already circulated. COMP has great potential to easily be a $1,000+ coin this cycle. Good Support at $400!
Peace, love, health, and wealth be with you.
30/08 BTC/USDT ANALYSIS - ALTUS.FINANCEGreetings TradingView!
We are observing something really great here, Bitcoin has been trading in an ascending channel since the 20th of July. Today, just a very short time away from the monthly close and we are experiencing great market indecision as we continue to trade within a tight symetrical triangle. Its difficult to say where the price will go from here as that is the nature of this charting pattern but what we do know is that we are in a clear uptrend, our stance is short term neutral and long term bullish.
Bitcoin has been making a series of higher highs and higher lows, its on track to retest $50,000 once again, next week.
Happy Trading!
ALTUS