Elliot wave, Banner cycle, Market psychology, SPXThe sell of just start , this week (remember )we will see last push up, and that will be the final move... After 5 august , and 17 of october, just my trading view...
Harmonic Patterns
At Good Support Level?422 - 425 may also act as an Immediate Support.
However, a Very Important Support lies around
412 - 415.
However, if this level is broken, we may witness
382 - 387.
Sustaining 427 - 428 may lead it towards 500.
And Crossing & Sustaining 510 may expose range around 650.
bullish bat pattrenhi dear, btc has formed 15 min bulish bat patteren ,71000 trgt.stop loss 68000.
this my personal analysis please research before trading.
Ada into bull runAda has been hated, let me tell it hasnt done nothing different from other bull runs so far, it takes a bit longer to pump but when start its gonna be quick
Avax BullishDo you have ready you avax bag? 10 X lets go they want me to write more stuff so lets go, just buy and chill
TRX/USDT - Potential Short Setup🔍 TRX/USDT - Potential Short Setup 📉
Timeframe: 4H
Current Price: 0.1662 USDT
Trade Type: Short
Chart Analysis: As we analyze the TRX/USDT chart, we can observe a developing ascending wedge pattern. The price has been moving upwards, testing the upper trendline, which suggests a potential reversal.
Resistance Level: The recent high at around 0.1670 has acted as a key resistance, where we see price stalling.
Support Level: A strong support area is visible around 0.1650. If this level breaks, we could see a sharper decline.
Trade Setup:
Entry Point: Consider entering short near the resistance level (0.1670).
Stop Loss: Set above the recent high, around 0.1680 to manage risk.
Take Profit: Targeting the support level at 0.1600 to secure profits as we anticipate a pullback.
Volume Analysis:
Notice the increase in volume during the recent price action, which typically supports a potential reversal.
Conclusion: The confluence of the ascending wedge and resistance level presents a favorable short opportunity. As always, ensure to manage your risk appropriately.
Happy Trading!
GBPUSD -bearish bias Bearish indications:
LLLH
Trend line support broken.
Major support broken at 1.3000 and secondary support of 1.2943
Moving average respected day and 4 hr time frame.
AB=CD which indicates price can down to 1.2626 level.
Bullish indications:
Bullish divergence.
Bearish bias in GBPUSD once the formation of bearish chart patterns from major resistances.
Idea GOLD This Week 4 - 8 Nov 2024My analysis this week:
1- The price has risen and is moving towards 2820 by crossing 2743 and 2750.
2- The part first moved towards 2743 and 2750 and then moved towards 2715 and 2710 and found support there and after crossing 2743 and 2750 again it moves towards 2820.
3- The part first moved towards 2743 and 2750 and then moved towards 2715 and 2710 and did not find support there and will fall towards 2550 by the end of 2024.
EURUSD BUYEURUSD had a rejection from support level and we have witnessed a double bottom on support level and also seen HH and HL pattern on H4 to H1 time frame also another confluence for being bullish over this moment of time is we have seen a fibonachi retracement of bearish move completed with 68% of retracement we are bearish over the pair from higher TF prespective but bearish on lower ones
SP500 Bullish count 5935/6218 midpoint 6012 GET SHORT 5935The chart posted is the daily count The last gasp
BTC USDT Spot trade Bullish potential Bitcoin may see a potential pump starting from $69,100, with targets around $75,000 to $78,000. A breakout above $69,100 could signal bullish momentum, especially if accompanied by strong volume. Keep an eye on broader market indicators, as well as resistance levels approaching the target range. Consider a risk-managed entry with a stop-loss below $69,100 in case of reversal.
SAFE/USDTOn this SAFEUSDT chart, a bullish signal is evident after a breakout from the strong downtrend area, confirmed by a change of character (CHoCH) in market structure. Currently, the price is above the important level of 1.1444, indicating potential for further upward movement. If the price continues to rise, the next target could be around the strong resistance level at 1.2627, with a further target at 1.8117.
20241102 - Gold ReversalIt looks like the gold has changed its direction. It is forming and ABCD pattern.
#RIF/USDT#RIF
The price is moving in a descending channel on the 1-hour frame upwards and is expected to continue.
We have a trend to stabilize above the moving average 100 again.
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards.
We have a support area at the lower limit of the channel at a price of
0.0880.
Entry price 0.0880.
First target 0.0916.
Second target 0.0958.
Third target 0.1000.
#EURJPY: 156 TO 166 A total of 1000+ pips emerging! Daer Traders,
We are witnessing a bullish reversal on EURJPY and that is why we think price is likely to continue going up. With possibility of price reaching towards a level of 166 which is a key level where we have fair value gap within the chart frame. good luck
BTC Thesis Today - Read Signal CriteriaIn the current market environment, Bitcoin (BTC) presents a mixed bag of opportunities and challenges for scalping. This analysis focuses on optimizing short-term trades over the next 4 hours, leveraging both technical indicators and market sentiment to make informed decisions.
Data Analysis
Open Interest: Shows a moderate increase, indicating heightened trader activity.
Weighted Funding Rate: Slightly positive, suggesting a bullish sentiment among futures traders.
Liquidation Data: Reveals a balance between long and short positions, indicating no extreme bias in the market.
CoinMarketCap Data
Trading Volume: Substantial over the past 24 hours.
Liquidity Score: Indicates strong market depth.
Circulating Supply: Remains stable.
Market Cap: Shows resilience despite recent volatility.
Candlestick Patterns: Suggest potential bullish reversals, but caution is advised due to mixed signals.
Sentiment
Market sentiment analysis from Augmento.ai indicates a neutral to slightly bullish sentiment, with "HODL" and "Bullish" being the top sentiments. This aligns with technical indicators suggesting potential upward momentum.
Recent news and social media sentiment are mixed:
Optimism: Around institutional interest in BTC.
Concerns: About regulatory developments.
This could lead to short-term volatility, which scalpers can exploit.
Binance Data
Volatility Index: Moderately high, suggesting potential price swings.
Order Book Analysis: Significant buy walls at lower levels (support) and sell walls at higher levels (resistance).
Momentum Indicators: Mixed signals; some show bullish potential while others suggest caution.
Technical Analysis
1-Minute Timeframe
RSI: Above 60 (Bullish).
MACD: Showing a bullish crossover.
ATR: Rising, indicating increasing volatility.
5-Minute Timeframe
RSI: Around 57 (Neutral to slightly bullish).
MACD: Below the signal line.
Price Action: Suggests potential upward movement.
15-Minute Timeframe
RSI: At 52 (Mixed signals).
Bollinger Bands: Price breaking above the upper band, indicating potential bullish momentum.
1-Hour Timeframe
RSI: Below 50 (Bearish signals).
MACD: Below the signal line.
Recommendation: Caution is advised.
4-Hour Timeframe
RSI: Around 45 (Neutral).
Price Position: Below key moving averages, suggesting potential resistance.
Trade Recommendation
Given the current market conditions and technical indicators, the recommendation is to consider short-term long positions, capitalizing on the bullish signals in the 1-minute and 15-minute timeframes. However, be prepared to adjust positions quickly if bearish signals strengthen in longer timeframes.
Outcome: OPEN_LONG
Confidence Level: 68% - Moderate-High RISK now !!
Current Price: $69,630.02
Stop Loss: $68,500
Take Profit: $70,500
Exit Point: $70,000
Entry Signal Criteria
Timeframes: 1-minute and 15-minute
RSI: Above 60
MACD: Bullish crossover
ATR: Rising, indicating increasing volatility
Bollinger Bands: Price breaking above the upper band
Stochastic Oscillator: Entering overbought region
Current Positions
Open LONG Positions: 1
Open SHORT Positions: 0
Additional Analysis
Volatility Analysis
The ATR suggests increased volatility, which can be advantageous for scalping. Avoid entering trades during sudden spikes to minimize risk.
Order Book Dynamics
Monitor buy and sell walls for potential price reversals:
Buy Walls: Significant at lower levels, providing support.
Sell Walls: Indicate resistance at higher levels.
Price Action Signals
Look for bullish candlestick patterns, such as engulfing or hammer formations, to confirm entry points.
Real-Time News Impact
Stay updated on:
Regulatory News: Any developments that could impact BTC's price.
Institutional Activity: News about institutional investments in BTC.
Momentum Indicators
Use the Stochastic Oscillator to gauge the strength of the current trend and adjust positions accordingly.
Market Sentiment
Leverage sentiment analysis to anticipate potential market shifts and adjust strategies in real-time.
Conclusion
The current BTC market presents opportunities for scalping, especially in shorter timeframes with bullish indicators. Traders should remain vigilant, monitoring both technical indicators and market sentiment to make timely decisions.
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Its still bullish I will be interested in longs if ...price drops below the PWL as it's US elections week Im very cautious this is not a final prediction but rather an option.
Remember: If then....
If we get the confirmation, I will be looking to position myself with my students and followers as highlighted on the chart.
Accumulation / Manipulation / Distribution
- No liquidity raid = No trade
- Never buy high and never sell low
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
USDJPY Swing SellThis is the current structure in play on USDJPY. Price broke below a rising trend line support with a bearish engulfing candlestick. We can sell USDJPY starting from next week. We have two POI at 153.150 and at 153.190.
Update on USDT.D: Is Alt Season on the Way?According to my chart and the breakdown of strong dynamic support up to the psychological resistance of 5.00%, the dominance of Tether has now risen for confirmation of a drop to a critical area where static and dynamic resistances have converged. In my opinion, Tether's dominance will experience a significant drop to 3.80. Moreover, it is possible that the U.S. elections may have a sharper impact on it, leading to a drop that is direct and without fluctuations.
$BOME/USDT 1H - Short Setup Analysis $BOME/USDT 1H - Short Setup Analysis 📉
I'm looking at a potential short setup on $BOME. Currently, we can see price action testing the recent support around the 0.0077 level after a sustained downtrend. The price has been respecting a descending trendline, and each bounce has been met with selling pressure, pushing it lower over time.
Key Levels:
Entry Zone: Just below the 0.0077 level after a confirmed break and retest.
Take Profit Targets:
First TP: 0.0069
Second TP: 0.0059
Stop Loss: Placed around 0.0080 to allow for minor pullbacks without risking too much.
Technical Indicators:
Price has been trading below both the 50 EMA and 200 EMA, indicating bearish momentum is still strong.
The decreasing volume on the recent consolidations suggests weakness in the buying power, supporting the possibility of a breakdown.
Strategy:
I'm planning to enter this short if we get a clean breakdown and retest of the 0.0077 support. A close below this level on a 1H candle would confirm the entry signal. My first target is 0.0069, a previous support level. If bearish momentum continues, we could see price reach as low as 0.0059, a stronger support zone. Stop loss is set tightly above the recent consolidation highs to manage risk effectively.
Let's see if the bears can maintain control here!
XAUUSD Near Critical Support: Rebound or Further Decline?The current XAUUSD chart shows gold hovering near the crucial support zone of 2,713-2,725, with the 34 and 89 EMAs serving as primary support levels. If the price holds above this support, gold may rebound towards the nearby resistance level of 2,756.603.
The RSI is signaling oversold conditions, suggesting a potential short-term recovery. A cautious strategy would be to observe price action at the support zone and wait for confirmation signals before entering a buy position, capitalizing on the potential upside from this level.
However, if the support zone breaks, the downtrend could continue, with the next target at a deeper support level.
#BTCUSD ( REPEAT ? )A Nostradamusian theory.
Will history repeat itself?
Will another cup be made?
Will there be another gradual growth?
Time will tell
