EUR/USD Pressured: Bears Eye Further DeclinesThe EUR/USD pair remains under selling pressure as it hovers near the 1.0550 level, unable to break free from its bearish trajectory. The chart reveals a clear head-and-shoulders pattern, indicating potential downward movement. The pair recently tested the support zone around 1.0530, and while minor recoveries have occurred, they have been capped by the resistance at 1.0567, aligning with the 50-period EMA.
With a failure to sustain above the resistance levels, sellers could push the price further downward. A break below 1.0530 might pave the way for a retest of the 1.0500 psychological mark, and potentially lower, as momentum indicators signal growing bearish sentiment.
For buyers to regain control, a decisive breakout above 1.0567 would be required, invalidating the current bearish structure. However, the dominant trend remains firmly in favor of the bears, suggesting further downside risks ahead.
FORTHUSDT
#FORTH (SPOT) entry range( 2.600- 3.170) T.(5.450) SL(2.517)BINANCE:FORTHUSDT
entry range( 2.600- 3.170)
Target1 (4.246) - Target2 (5.450)
1 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high.
SL .1D close below (2.517)
*** collect the coin slowly in the entry range ***
*** No FOMO - No Rush , it is a long journey ***
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BTCUSDT Trading Strategy!BTCUSDT is undergoing its third consecutive day of price correction, currently trading around $62,800.
Despite the dip, BTCUSDT remains within a parallel ascending channel. If the lower limit holds, this could be a great opportunity to buy as the price touches that support level.
Happy trading, everyone! Don’t forget to like and leave a comment on this post
FORTHUSDT 1W LONG📈Hi all. Timeframe 1 week. FORTHUSDT has formed a triangle and is at key resistance. Increased buyer volume. I’m considering recruiting to the spot now, with a pick-up from the green zone (a return to it is unlikely). Also long during breakout/retest. Marked goals and levels on the chart.
FORTH forming bullish Gartley for upto 15% pumpHi dear friends, hope you are well and welcome to the new trade setup of Ampleforth Governance Token with US Dollar pair.
On a 4-hr time frame, FORTH is about to complete a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
FORTH USDT | Short term trade!#FORTH/USDT
🟢Entry price: 3.54 - 3.70
🎯Targets:
|> 4.23 (Sell 40%)
|> 4.43 (Sell 30%)
|> 4.89 (Sell 20%)
|> 5.59 (Sell 10%)
🔴Stop-loss: 3.39 (1D candle Close under it)
➡️Recommended risk: 0.5%
➡️Recommended Position Size : 5%
please note that due to the current market situation this trade signal is considered risky, so we must stick together to the stop lose and risk management strategy and not to gamble with our money.
stay safe and trade safe
thank you!
Forthusdt is almost done*forth is under 200ema
*Forth in under 0.6 fpi.
*Rsi is almost above 50
What i see is that forth is going to break the triangle that it trap on, with this break it will break 0.6 fpi and 200ema while it's moving above level 50 rsi .
My target will be 7$ as a beginning with the correction of the market before more dip
UPDATE: FORTH UP 243% after bullish signal 🚀FORTH pumped 243% after the bullish Supertrend Ninja - Clean signal (green vertical line on the background).
FORTH broke out of the bullish Zone of the Ichimoku Cloud , which is bullish . The RSI is in the overbought zone at 85. RSI Brown at 123. If we take a look at the Average Directional Index ( ADX DI) its starting to be bearish , as it is pointing downwards. Currently FORTH is way above its upper Bollinger Band , Band Basis 20 Period SMA . A retrace back within the Bollinger Band is more likely. The risk to reward right now to enter a trade is bad.
Waiting patiently on a bullish Supertrend Ninja signal, before entering a long paid off.
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Use:
In the chart I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for downtrends.
FORTHUSDT(Ampleforth) Daily tf Range Updated till 29-07-22FORTHUSDT(Ampleforth) Daily timeframe range. lately btc dominance helped a lot of alt to move freely. lot of money flown into here and there. it created a opportunity for mid and big buyers to buy through consolidation and profit out of move like 29 july 2022. and thats some insanely profitable move. but move like this always comes with a price if position isnt right there are change of getting trapped in a huge wick. and there are lot those in this chart. there are good amount of out of place moves and good difference in its range space. that came from the slow bleeding it had in past. its a high risk and reward alt, need to trade carefully.
Ampleforth FORTH - Huge falling wedge is breaking out! +Triangle
As you can see, we have a falling wedge on the daily / 3D chart, which is a bullish reversal pattern.
This is a fantastic buying opportunity when combined with a local ascending triangle!
My Elliott Wave analysis suggests that a main impulse wave has been completed, and that's why I expect a bullish retracement.
My main profit target is at the previous resistance (wave 4), or 0.618 FIB.
I think this downtrend is over and we should see some bullish price action in the immediate short term!
I expect tremendous pumps for selected altcoins. You can find them in the related section down below.
For more ideas, please hit "Like" and "Follow"!
FORTH - Ready for a breakout! Channel + Elliott wave
On the daily chart, we can clearly see a descending channel / falling wedge, which is ready for a breakout!
Buy a breakout above rectangle + 200 MA + trendline of the channel, we have a nice confluence here, that is very important!
This coin never made an all time high, so it is safe to set the profit target to 0.618 FIB + end of the wave 4 (High liquidity area).
Due to my Elliott wave analysis - Impulse Elliott wave has been completed successfully and we can expect at least a retracement.
200 daily moving average is considered as a massive level by huge instituions and hedge funds.
We have a high bullish volume and I don't see any bearish pressure on the indicator.
If we take a look at the RSI indicator, there is a horizontal level, so if we break this level, that would be great!
Look at my ideas about interesting altcoins in the related section down below ↓
For more ideas please hit "Like" & "Follow"!
FORTH formed bullish Gartley for upto 20% pumpHi dear friends, hope you are well and welcome to the new trade setup of Ampleforth Governance Token ( FORTH ) with BTC pair.
On a 12-hr time frame FORTH has formed bullish Gartley pattern.
FORTHUSDT Hello Traders
Today we are take a look and analysis of #FORTHUSDT chart.
This currency can have good days ahead after forming a pattern.
Note that the drawn support level must be maintained so that we can expect good growth from it.
The current price of this currency is $ 6.71 and it has a good price to buy up to $ 4.5.
Expecting higher prices up to $ 13.5 is not far off at all.
I hope you see this analysis and can benefit from it.
FORTH with patience and with targetsYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody...
i can help you :) all for free, don't worry, BE HAPPY!