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Fundamentalstrategy

The BTC price remains above the ATH from the previous bull markeHello everyone, let's take a look at the BTC to USDT 1 day chart as you can see the price is moving below the downtrend line. Let's start with the designation of the support line and as you can see the first support is $ 19,928 equals ATH from the previous bullish, if the support breaks down, the next one is $ 17,423. Now let's move from the resistance line as you can see the first resistance is $ 22,999, if you can break it the next resistance will be $ 24,763, $ 26,243, $ 27,722 and $ 29,827. Looking at the CHOP indicator, we can see that we have very little energy in the 1-day interval, and the MACD indicator shows that we are still in a downward trend.
by cryptodailyuk
EURCHF Plan After Swiss Rate Hike Welcome back! Here's an analysis of this pair! **EURCHF - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Long
by BKTradingAcademy
6
GMT is based on 1 stop lossHello everyone, let's take a look at the GMT to USDT chart over the 1 day timeframe. As you can see, the price is moving below the local downtrend line. Let's start with determining the stop loss that we should take into account in the coming days. As you can see, we have a fixed 3 stoploss: SL1 - $ 0.997 where the price is currently located. SL2 - $ 0.907 and SL3 - $ 0.798 Now let's move on to the targets that we can take into account, as you can see the targets are at the price: T1 - $ 1,027, T2 - $ 1,165, and T3 - $ 1,279 Looking at the CHOP indicator, we can see that in the 1-day interval we still have some energy for further moves, and the MACD indicator shows that we are following the local upward trend.
by cryptodailyuk
2
GBP - a detailed analysisA detailed GBP analysis: Negative factors: ➡️Last week's PMIs were disastrous. GDP often follows the PMIs, which paints a very bleak picture for the future of the UK economy. ➡️Inflation is at a dizzying 9%. ➡️The consumer is suffering the consequences of inflation and sentiment is thus in the basement. ➡️Sometimes retail sales also follow consumer sentiment (strong correlation). ➡️If retail sales actually collapse to such an extent, this would further weaken the UK's growth and a recession would be a real risk (Next retail sales release on 17.06.22) ➡️With the threat of a recession, the central bank of England (BoE) would row back sharply on the interest rate hikes already priced in as not to put further strain on the population and the economy -> this would result in GBP weakness. (Next BOE meeting on 16.06.22) ➡️Brexit disputes with the EU could boil up again and put additional pressure on the GBP. However, much of this is already more or less priced into the GBP and the reason why the GBP is one of the weakest G10 currencies since the beginning of the year. Now to the positive sides: As mentioned, the labour market in the UK is booming and the unemployment rate is at an all-time low. -> As long as the labour market can remain stable, there is hope for the UK economy. -> but at the same time this means that if we get much weaker labour data in the future this would weigh massively on the GBP (next labour data will be published on 14.06.22, even before the BOE meeting) ➡️On Thursday the UK Chancellor of the Exchequer announced a new £15 billion fiscal package where those on the lowest incomes are to receive a one-off payment of up to £600 from the government. This is a big boost and can add up to 0.7% to the UK's GDP -> this is very positive for the GBP As mentioned, much of the negative is already priced into the GBP, so many speculators (hedge funds, trend-following algos) are already heavily short GBP. When so many speculators are already short, the danger of short squeezes is high. -> Short squeezes can be particularly violent and result in a rapid rise in the GBP price. Conclusion: In the long term, the negative factors weighing on the GBP outweigh the positive factors for me, but in the short term much of this is already priced in and it would take a short squeeze to force the speculators out of the market. Only then would the GBP be an attractive short candidate for me for a long-term swing trade. -> The factor that would make the GBP a long-term short candidate earlier would be a sharp weakening of the labour market. ℹ️This analysis was from the point of view of a long-term swing trade. Of course, shorter-term day trades in GBP (in either direction) are equally possible at any time. Tip: Look out for the GBPUSD at 14:00 GMT time today. It will highly likely trade at 1.25500 and after that a bigger move could follow.
Short
by PrimeTrading
1
Will we see a triple top on BTC?Hello everyone, let's take a look at the BTC to USDT chart over the weekend 1 timeframe. As you can see, the price is moving in the uptrend channel. Let's start with marking the support line and as you can see we are currently in the designated support zone from $ 31,251 to $ 26,665, if the support zone is broken, we are still around the previous ATH. Now let's move from the resistance line as you can see the first resistance is $ 36,758, if you can break it the next resistance will be $ 43,001 and $ 47,937 and $ 53,018. Looking at the CHOP indicator, we can see that during the weekend interval, some energy has been used, but we still have some further move, while the MACD indicator shows that we are on a decline and we are waiting for the blue line to go up, crossing the red line from the bottom.
Long
by cryptodailyuk
2
Does BTC change the trend to an uptrend?Hello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame. As you can see, the price is moving in the channel marked with blue lines. Let's start with the designation of the support line and as you can see the price is in the fundamental support zone from $ 31,251 to $ 28798, then the first support in the near future is $ 28,070, if the support breaks, the next one is $ 22,516. Now let's move from the resistance line as you can see the first resistance is $ 36,555, if you can break it the next resistance will be $ 42,725 and $ 47,662. Looking at the CHOP indicator, we can see that in the 1-day interval the energy has been depleted and begins to rebound from the lower limit, while the MACD indicator shows that the blue line has crossed the red one from the bottom, which may confirm the change of the trend into the upward trend.
by cryptodailyuk
3
Will ETH remain in the fundamental support zone?Hello everyone, let's take a look at the ETH to USDT overnight chart. As you can see, the price has dropped below the uptrend line. Let's start with the support line and as you can see, the first is the fundamental support zone from $ 1856 to $ 1694 where the price is currently at, if the support breaks down, another is $ 1472, another is $ 1.108 and $ 529. Now let's move from the resistance line as you can see the first resistance is $ 2478, if you can break it the next resistance will be $ 2681 and $ 2903. Looking at the CHOP indicator, we can see that the energy has been consumed in the 1-day range, while the MACD indicator shows a downward trend.
by cryptodailyuk
Will BTC be able to rebound in the coming weeks?Hello everyone, let's take a look at the BTC to USDT chart in 1 week. As you can see, the price is approaching the uptrend line and we are at a point where price has already rebounded twice. Let's start with the support line and as you can see we are currently in the support zone from $ 31,251 to $ 28,798, if the support breaks down the next is $ 17,910. It is worth noting that we currently have a second correction around (55-56)%, it is possible that if the price remains in the support zone, we will experience another upward phase. Now let's move on from the resistance line as the first resistance is $ 39,444, if you manage to break it, the next resistance will be $ 45,148 and $ 49,712. Looking at the CHOP indicator, we can see that in Week 1 some energy has been used for the current price decline, but as you can see there is still a lot of energy left, so be careful.
by cryptodailyuk
2
BTC returns to around $ 40,000 !Hello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame. As you can see, the price moves in the uptrend channel marked with blue lines. Let's start with the designation of the support line and as you can see the first support in the near future is $ 38,782, if the support breaks down, the next one is $ 36,174 and $ 32,893. Now let's move from the resistance line, as you can see, the first resistance BTC is heading towards is $ 40,170, if you can break it, the next resistance will be $ 41,727 and $ 42,905. Looking at the CHOP indicator, we can see that in the 1-day interval we have a lot of energy that can be used in the coming days, while the MACD indicator shows a continuation of the upward trend.
by cryptodailyuk
1
Will BTC go as planned?Hello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame. As you can see, the price moves in the local uptrend channel marked with blue lines. Let's start with the designation of the support line and as you can see the first support where BTC is currently at is $ 38,740, if the support breaks down, the next is $ 36,221 and $ 32,887. Now let's move from the resistance line as you can see the first resistance is $ 40,185, if you can break it the next resistance will be $ 41,704 and $ 42,927 plus $ 44,223. Looking at the CHOP indicator, we can see that we have a lot of energy in the 1-day interval. On the other hand, the MACD indicator shows that we are at the border, but we are maintaining an uptrend.
by cryptodailyuk
BTC is getting closer to support! There is a lot of energy.Hello everyone, let's take a look at the BTC to USDT chart over the weekend 1. As you can see, the price is moving in the uptrend channel marked with the blue lines. Let's start with the designation of the support line and as you can see the first support in the near future is $ 37,401, if the support breaks, then we have a fundamental support zone ranging from $ 31,251 to $ 28,798. Now let's move from the resistance line, as you can see, the first resistance is $ 41,467, if you can break it, the next resistance will be $ 46,722, another resistance is $ 51,085 and the next resistance is $ 55,348. Looking at the CHOP indicator, we can see that in the 1 weekend interval we have a lot of energy and although some energy was used for the correction, the MACD indicator shows that it will remain in the upward trend.
by cryptodailyuk
2
NYKAAFSN E-commerce Ventures Ltd. (FSNEV) popularly known as "NYKAA" is a digitally native consumer technology platform, delivering a content-led, lifestyle retail experience to consumers. The company has a diverse portfolio of beauty, personal care, and fashion products, including owned brand products manufactured by it. Technical :- Company recently Listed in stock market that's why so the chart was not enough to analysis, :-Stock is listed with good profits and then you see a rally then the stock correct their price and now it's ready to rock.. Fundamental :- Sales Increase on YOY, Profit margin Increase on YOY, Most of females give a first preference to NYKAA in Beauty product as per my Research, I'd like to recommend this on a FUNDAMENTAL basis because I think it will do something big.. NSE:NYKAA ****IT IS FOR A LONG TERM**** DISCLAIMER : **I am not SEBI register..** **This is not an investment or Trading advice. This is Just for discussion/paper trading purposes.**
NSE:NYKAALong
by Sniper-trades
APE takes a breath after the last growth move.Hello everyone, let's take a look at the APE to USDT chart at 4H. As you can see, the price is moving in the uptrend channel marked by the blue lines. Let's start with the designation of the support line and as you can see the first support in the near future is $ 15.90, if the support breaks down, the next we have at $ 14.95, another support at $ 14.16 and another at $ 13.40. Now let's move from the resistance line as you can see the first resistance is $ 17.89, if you can break it the next resistance will be $ 20.53. Looking at the CHOP indicator, we can see that on the 4H interval, it can be seen that the energy that was collected was used for an upward move and we are currently accumulating and gaining energy. On the other hand, the MACD indicator shows an upward trend.
by cryptodailyuk
1
BTC has a lot of energy, so be careful.Hello everyone, let's take a look at the BTC to USDT chart over the weekend 1. As you can see, the price is moving in an uptrend channel marked by blue lianas. Let's start with the designation of the support line and as you can see the first support in the near future is $ 40,586 if the support breaks, the next is $ 38,755, the next support at $ 36,204 and another at $ 32,933. Now let's move from the resistance line as you can see the first resistance is $ 42,156, if you can break it the next resistance will be $ 43,334 another at $ 44,479. Looking at the CHOP indicator, we can see that we have a lot of energy in the 1 weekend interval and we can expect big moves in the near future. It is worth paying attention to the MACD indicator which shows that we are in the growth phase.
by cryptodailyuk
1
JASMY bounces off the resistance at $ 0.02482Hello everyone, let's take a look at the JASMA to USDT chart on intervale 1 weekend. As you can see, price is moving above the local uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 0.01910, if the support breaks, the next one is $ 0.01073. Now let's move from the resistance line, as you can see, the first resistance is $ 0.02482, if you manage to break it, the next resistance will be $ 0.02482, another one is $ 0.03340 and the next resistance is $ 0.03721. Looking at the CHOP indicator, we can see that there is very little energy in the 1 weekend interval.
by cryptodailyuk
GMT takes a breath after large price increaseHello everyone, let's look at the GMT chart to USDT on the 4h interval. As you can see, the price moves above the local growth trend line designated with a blue line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 3.41, if the support will be broken, the next it is $ 3.14 at 2,93 $ and 2,71 $. Now let's move from the resistance line, as you can see, the first resistance is 3.83 $ = 1.618Fib Retracement from which the price has just bounced if you manage to break it, the next resistance can be determined in the area of 4.96 $. Looking at the Chop indicator, we see that in the 4-hour interval, most energy has been exhausted. It is possible that we will have to wait for the next move until energy is collected.
by cryptodailyuk
2
BTC returns to around $ 41,000 after the last correction.Hello everyone, let's take a look at the 4H BTC to USDT chart. As you can see, the price is moving in the uptrend channel marked by the blue lines. Let's start with the designation of the support line and as you can see the first support in the near future is $ 38,732, if the support breaks down, the next one is $ 36,175 and $ 32,960. Now let's move from the resistance line as you can see the first resistance is $ 42,250, if you can break it the next resistance will be $ 43,404 and $ 44,559. Looking at the CHOP indicator we can see that in the 4-hour interval some energy has been used up, but we have a little bit to continue the movement. On the other hand, the MACD indicator shows that the blue line is above the yellow line, which confirms the upward direction of the price.
by cryptodailyuk
2
FTM has collected energies on the 4H intervalHello everyone, let's take a look at the 4H FTM to USDT chart as you can see the price is approaching the exit from the triangle. Let's start with the designation of the support line and as you can see the first support in the near future is $ 1.1, if the support breaks down, the next one is $ 1.03. Now let's move from the resistance line as you can see the first resistance is $ 1.24, if you can break it the next resistance will be $ 1.32 and $ 1.39. It is worth paying attention to the CHOP indicator, we can see that in the 4-hour interval we have a lot of energy and we can expect traffic in the coming hours.
F
by cryptodailyuk
1
LUNA possible sideways trend.Hello everyone, let's take a look at the LUNA to USDT chart in 1 day. As you can see, the price is moving in an uptrend channel marked with blue lines. Let's start with the line of support and as you can see the first support is $ 73, if the support breaks down, the next is $ 60, and the next is $ 44. Now let's move from the resistance line as you can see the first resistance is $ 88, if you can break it the next resistance will be $ 94 and $ 99. Looking at the CHOP indicator, we can see that in the 1D interval the energy has been used. We can expect LUNA to follow a sideways trend if BTC remains stable.
by cryptodailyuk
BNB remains above the $ 407 supportHello everyone, let's take a look at the BNB to USDT chart within 1 day. As you can see, the price is moving in an uptrend channel marked with blue lines. Let's start with the designation of the support line and as you can see the first support at which the BNB price is currently located is $ 407, if the support breaks down, the next is $ 392, and the next is $ 376. Now let's move from the resistance line as you can see the first resistance is $ 455, if you can break it the next resistance will be $ 498 and $ 536. Looking at the CHOP indicator, we can see that in the 1D interval we still have some energy to continue the movement.
by cryptodailyuk