Futurestrading
BTC/USD by CryptoTradersWWGood morning,
It's vital to look at what BTC is doing before selecting which trades to take for the rest of the week.
The price is been hovering between $37K and $40K on a regular basis.
We have strong resistance at $39K if we see a run up.
A CME gap, Fibonacci resistance, and Daily Naked point of control can all be found here. If we see Longs start to open near this level and then decline, we can expect more downside.
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S&P 500 by CryptoTradersWWYesterday was a day of extreme volatility, as expected. The US stock market has lost a key support level and is again retesting this zone, which is currently acting as resistance.
If we have a rejection on a retest like this, we will see more downward movement.
As we all know, once the New York session begins, the US Market has a strong link with BTC, anticipating market changes.
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BTC/USD by CryptoTradersWWThe daily support levels established at the start of the week have been maintained.
At $40100 (daily resistance), there are significant areas of resistance.
More resistance may be found at $42,000, which has numerous resistance levels and where we believe the price will be acctracted to.
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—XRP Forecast📊—
XRP (H4)📱
-Price broke structure to the downside.
-Price left behind an unmitigated supply zone, with inducement.
-If supply holds, we could expect price to mitigate the zone and move lower to grab the equal lows (liquidity) and fill the imbalances.
-If supply fails, we could expect price to move higher to grab the double tops (liquidity).
SUSHI/USDT - UpdateThis setup was posted here few days ago.
As expected the price has lost its previous support, has retested it was rejected and closed several candles from 1h-4h below thus activating the trade!
Currently running on profit at +7.5% ( calculated without leverange )
Feel free to take partial profits here and move SL to breakeven.
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SUSHI/USDTI've been keeping an eye on this possible scenario for weeks. Simply put, if price loses support, which is also the value region bottom of the range +completes the head and shoulders pattern, I'll look for a lower price.
Only if we lose $3.9 as support and we start witnessing 1hr and 4hr closes will I consider this trade.
Targets: $3.2 - $2.6
Stop loss: $4.10
This trade is not active until the criteria is met.
Enter at your OWN RISK. Not financial adv.
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A good time to buy 10 year t-noes in 30 min frameGOOD MORNING,
after the last short trading range, that seems like a semi diamond finally we are over the VWAP and we have a big strength of buyers right now although the candle is red they are here so the chance of an uptrend in the next 30 min nearly 75% due to big volume and the safety we have from the VWAP.
contact me if you want me for any analysis
check my profile to see my "correct" predictions in the last few days
GOOD LUCK
twitter:0uchaib
#ES_F 2.15.22 Overview and Levels to watchIn Globex we had a break out from Mondays Value and we are currently in our T+2 Range which is Friday. Today during RTH we will want to monitor and see if we will get a continuation and test the high of settlement, fail and come back in or if we found our next temporary balance that we need to fill in before next move. Globex is in double distribution and here are the levels I will be watching today. On the Upside we have 4465.25-4460.25 as our PM resistance and 4479.75-4475 as our KEY Intraday Resistance, if broken and we can build value over we can see 4490-4487.25, 4497.25-4494.75, 4508.75-4505.50 and bigger area of resistance and Friday High at 4524.25-4519. On the downside we have 4437.75-4432.50 as our upper distribution support and our Key Intraday Support at 4424.50-4418.75. Holding under the distribution support will be our first sign of weakness and if we break and hold under the Key Support then we can see a test of 4405.25-4403, 4392.25-4389.75 and bigger area of support at 4378.50-4374.75. Another option I will be looking at is after this big move in globex we need to digest and can stay between 4424-4480 before it makes next move.
Reversal Signs in Palm Oil Market?Market closed slightly higher at 5573 last Friday after tighter range move.
Some key factors continue to weigh on palm oil prices:
1. Indonesia had expanded its export permit requirement for palm oil products where exporters must sell 20% of their exports at home and with price cap to other derivatives. This further raising fears of global supply disruptions. The regulation valid from Feb 15.
2. Latest Malaysia Palm Oil Board data showed lower inventories and production due to labor shortage and flooding; lower exports due to rising palm oil prices
However, analysts’ expectations that current high price not sustainable
3. some participants expecting production to pick up in March as Malaysia Government targeting full scale reopening of international border
4. . Soybean oil continued uptrend, as LaNina brought in hot weather across key South America growing areas and strong demand on US soybean
5. Strong crude oil prices amid ongoing worries about supply disruptions from the Russia and Ukraine crisis
Technical View:
1. Market uptrend paused with hanging man formed at resistance level of 5750, indicates reversal signal
2. Stochastic reached overbought level and K% line is crossing down which signalled reversal signal
We expect market may have short term retracement if market unable to stay above 5500.
Suggestion Trade:
Short if stay below 5365
Target Stop Loss (resistance level) 5478
Target Profit (support level)
TP1 5252 TP2 5026
Long if stay above 5685
Target Stop Loss (support level) 5572
Target Profit (resistance level)
TP1 5798 TP2 6024
The Anatomy Of The Perfect Short Signal | YM Extreme TurnThe Dow Jones Futures Contract (YM) produced the perfect sell signal today, a one bar (30m) Extreme Turn condition.
Be sure to watch the Related Ideas post called How, When, & Where To Catch A Falling Knife Using RSI for the context, theory, and indicator logic, behind the sell signal covered in this video.
Note: The hand mouse-over cursor got a little wonky and is not positioned on the chart where I was actually recording. It's close, but still a bit off. Acceptable enough, but thought worth mentioning.
Stay Green & Trade Like You Mean It!
BAND/USDT Falling wedge formation.A future opportunity of BAND/USDT wedge formation. key support and resistance levels marked. Personally I would like to see some soft rejection on the upper trend line before a sharp rejection on the 3.6 support. if we don't receive any pullback after touching the trend line then I would expect there may be a Fakeout. However I will not long until I see BTC hit some good support after this huge pump.