BTC falling to daily support#BTC/USDT
$BTC broke down from ascending support line as mentioned in last analysis, and reached daily support.
🐻 breaking the support zone between $27800 and $26k will drop price toward weekly support around $24k.
🐮 holding the daily support zone can increase price to ascending resistance around $29k and $30k again.
Futurestrading
Dow Review (English subtitles)Click the "subscribe" necessarily if you come review! Then I will post more ideas.
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Completed with my own developments taking into account the imbalance of supply and demand
Indicator Wyckoff Line created by the activity of professionals and identification of liquidity zones, to which the price is attracted.
Remember that the market is only driven by supply and demand. No technical indicators will tell you in advance whether a supply or demand imbalance has occurred.
Listening to the news can put you in a state of wrong decision, so make decisions only by the activity zones of professionals. By understanding where the imbalance of supply and demand is occurring, you can correctly build your strategy of work.
The indicator has a clever algorithm that takes into account the activity zones on several timeframes above the working chart.
It also includes a system of VSA, which determines the entry point for buying or selling a certain instrument. The entry point is determined by the imbalance of volume and price on the principle of lack of demand, or lack of supply in liquid areas.
Take a look at "Figure 1", which clearly shows the supply test after which the price reached the next liquidity level in WMT stock
The following example clearly shows a buy after a downtrend, which after the passage of the liquidity zone defined a clear signal to buy the stock AAPL
The essence of the indicator is that high volume is always a liquidity zone, into which the price will constantly strive. The indicator determines the liquidity zones of the professionals, which you set on the higher timeframes with the help of certain settings of the high volume bar. And along with the indicator package I provide a tutorial video where I tell you how to use this indicator. I also give some author's settings and recommendations for entering or exiting a position.
Now let's analyze the sell signal. Here is an example of one of the sell signals in which the indicator clearly worked:
The price reached the liquidity zone and it signaled three times that it was time to enter the position. Next, using completely different entry techniques, you could sell the KO stock or, if you were trending upwards and your techniques did not involve selling, you could simply exit your position in time.
The uniqueness of the indicator is that it works on a chart like crosses zero. By setting liquidity zones, you can use the signal of this indicator to enter a position without any market noise. Take a look at the example below where an entry was made into an MSFT stock:
snapshot
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ETH descending channel#ETH/USDT
$ETH is inside descending parallel channel and now is above middle line of this channel.
🐻 breaking down from middle line will drop price to lower line around $1500.
🐮 holding the middle line as support and break out from descending resistance around $1780 and $1800 can increase price to upper line around $1900.
BTC to $24k#BTC/USDT
$BTC is above ascending support.
🐻 as price dropped sharply toward ascending support, it is possible to break it down and drop more to $24k where 2 weekly descending support meet.
🐮 if ascending support hold the price, $BTC can head up once again toward resistance zone between $31k and $33k where meets descending resistance zone and make it strong to break.
Trading Index Futures?Entry: 4165, Stop loss: 4185, Take Profit: 4105 ( conservative ) 4080 ( radical )
If you're trading index futures I would be cautious of where to put your monies. I'm bearish for many reasons:
- Increasing inflation, continued economic growth while feds are trying to put the flames out of the overheated economy, increasing interest rates to lower consumer and producer spending (businesses will eventually have lower earnings growth -- affecting investors sentiment in regards to EPS and dividends), and many many more.
MONDAY OVERVIEW - Long term and intraday setups on SPX500 and EUHi Traders,
This is my view for this week on:
- SPX500
- NAS100
- DAX
- EURUSD
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Pit
DISCLAIMER:
Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice.
ADA falling wedge#ADA/USDT
$ADA is below upper line of falling wedge pattern.
🐮 break out from resistance of upper line of this pattern can increase price toward resistance zone between $1.6 and $1.86. in this way price should break out resistance of $0.7 and $1.1.
🐻 rejection from upper line will drop price to lower line once again that is around support zone between $0.4 and $0.27
ETC double top#ETC/USDT
$ETC shaped double top pattern, and dropped to ascending support that is the same with neckline of double top.
🐻 if bears success to hold the resistance and break down from ascending support, price will drop as high as top to support zone between $19 and $17.5.
🐮 but if bulls overcome the battle and break out resistance zone and descending resistance, price will going to continue its rally.
WAVES potential to increase more#WAVES/USDT
$WAVES pumped hard and broke out descending trend line and resisted with green trend line.
🐻 price can pullback to broken line that is the same with support zone between $6 and $7 (buy zone).
🐮 then continue its rally to break out current resistance and touch next green trend line around $14, and breaking this line will increase price to +$32.
breaking down from support zone will invalid this scenario.
ETH above lower line of falling wedge#ETH/USD
$ETH hold the support zone and descending support zone and now 🐮 price can increase toward resistance zone between $2200 and $2350 that is the same with descending resistance.
🐮 more rally will be appear if bulls success to break out from resistance zone to touch upper line of falling wedge that is the same with resistance zone between $2600 and $2850.
DOGE fib levels can drop price#DOGE/USDT
$DOGE broke out from upper line of descending parallel channel and now face resistance of 0.5 and 0.618 fib levels of last swing down.
🐮 break out from 0.618 fib level will increase price to resistance zone between $0.105 and $0.11.
🐻 rejection from current resistance and break down the upper line of descending channel can drop price to support zone around $0.07.
SHIB ready to fly at least 20%#SHIB/USDT
$SHIB broke out descending resistance and need to break parallel trend line too, to increase toward resistance zone around $0.000014. and break out this zone will head up price to resistance zone around $0.000017.
🐻 rejection from descending trend line will drop price to $0.0000086.
DOGE bullish flag!!#DOGE/USDT
$DOGE is below upper line of descending parallel channel.
🐮 break out from this channel can act as bullish flag pattern and increase price to resistance zone between $0.1 and $0.105.
🐻 rejection from upper line and break down from middle line will drop price to lower line of channel around $0.075.
Big resistance ahead of 10 Year T-notes future After hitting a major weekly suport level, the market starts to break the downtrend structure on H4, making a new higher low, that can show a possible reversal of prices since stocks are going downtrend and investors are going for the treasury notes and bonds...
NIFTY50 Reversal In Sight? With Option Trade StrategyNifty50 has strong support at 15750, and it looks to respect it. We can look forward to a reversal in Nifty 50 from this point onwards if no bad news flow comes into the picture.
So until Nifty stays above 15750, we can expect bulls to arrive into the market. If Nifty has a significant-close below the lower trendline we can expect further bearishness. So it is a good idea to deploy Long Iron Condor Strategy with 10 Days To Expiry.
DYOR Before Trading/Investing. Not Responsible for P&L. Only for educational purposes.
Option Trade Idea:
+1x 26MAY2022 15750CE @ ₹ 300.55
-1x 26MAY2022 16500CE @ ₹ 35.25
+1x 26MAY2022 15750PE @ ₹ 205.1
-1x 26MAY2022 15300PE @ ₹ 80.5
Max. Profit @ ₹ 18,005 (56.82%)
Max. Loss @ ₹ 19,495 (-61.53%)
Probability of Profit 53.9%
Estimated Margin/Premium ₹ 31,685
Breakeven @ 15361.0-16139.0