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Highertimeframes

Micron Technology - The perfect chart!NASDAQ:MU is one of these stocks, which just respects every level, cycle and structure. If I would give each chart an individual rating, the chart of Micron Technology would be 10 out of 10. Micron Technology is actually respecting every structure level and providing textbook trading opportunities. If we get a retest of the previous all time high, which is now turned support and perfectly lining up with the support of the rising channel, I will certainly look for longs. Levels to watch: $90 Keep your long term vision, Philip - BasicTrading
NASDAQ:MULong
by basictradingtv
37
Krispy Cream Donut Weekly God Candle Has me lookingHi guys. Always on the lookout for major changes/shifts or Macro signals. Yesterdays 40% increase in Krispy Cream Donuts, has me taking a look into this one. This analysis is on the 1 week. Note, the current candle is not yet confirmed. Weekly close is obviously on fridays. I have highlighted 2 zones. COnsolidation range and a Supply zone. We do need to pay attention to these 2 ranges. BEcause atleast from previous history the supply zone is a resistance zone and thus a sell area. We would need decisive candle closes ABOVE for multi weeks for me to gain confidence that it has flipped to Demand or Support. Same goes for breaking out of the consolidation range. More info is needed such as confirmation. But nevertheless, What had me looking DNUT's way, was candle moving past the major resistance trendline that has haunted us since the stock being traded publically. I would like to note on the weekly timeframe, confirmations have not come in yet, and until proven otherwise it can be a fakeout and can always come back into the consolidation zone. AGAIN, End of week will give us better information. But it does not take away the fact that DNUT is moving. And atleast for now, DEMAND exists. VOLUME needs to follow with continued increase. Things to note in our indicators: RSI, breaking a major trend by signaling a higher high. But again end of week will clarify this. If it prints, i see it as a positive sign. STOCH RSI - crossing bullish with is almost above 20 lvl. This indicates possibility of momentum coming in to support an uptrend. MACD - Has Bullish cross, however we need to see whether or not we can get ABOVE 0 lvl. This would indicate a high probability for a sustainable uptrend. Being that this weeks candle has not yet closed. It is absolutely important to continue to observe. But DNUT has made it to my watchlist for sure. Is Krispy Cream Donuts, the Donut for me and you? Well time will tell. LOL. __________________________________________________________________________________ Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. Stay tuned for more updates on MINAUSD in the near future. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
NASDAQ:DNUTLong
by SafofAllTrades
20
Wyckoff Higher Timeframe Distribution Schematic 12M/6M timeframe is a possible distribution Schematic that I think is currently in phase B. Phase C,D and E are yet to form. We shouldn't trade a distribution schematic till phase E but if a distribution Schematic 1 forms then we can trade phase C once a UTAD has been created(still risky and should wait for phase E as this is a more conservative approach). If no UTAD then wait for phase E as you would have had more confirmation and without this you would be guessing the top.
Short
by DTalcob
XRP Price: Breaking Above Weekly Trend Line for Bullish MomentumCurrently, the price of the XRP has reached the descending trend line from higher timeframes, which is identified by the highs of April 2021 and July 2023. Additionally, this trend line serves as the upper boundary of a symmetrical triangle. A similar symmetrical triangle pattern has also formed on timeframes from 1D and below, and the price of the asset has already managed to establish itself above it. In the current conditions of a bullish trend, it is more likely for the asset to to break above this weekly/monthly trend line and exit this huge triangle to the upside. Potential targets could be the values at the top of the symmetrical triangle, ranging from $1.53 to $1.96.
Long
by Deviantor_Wayne
SP500, high AB=CD, multiple inside bars entryWeekly Bias is UP, Daily is UP as well. We have an AB=CD which happens above the 38% retracement of the bigger swing up. (some people might refer to this as a high-tight flag). 30 min is showing divergence. The entry is a breakout after multiple inside bars pattern also known as a popgun pattern. The risk to reward to the previous all-time high is 1 to 5 if no scaling out. Scaling out will still give you some 1 to 3 RR. If you pick a longer-term trailing target that looks pretty sweet.
BLACKBULL:SPX500Long
by TheSpringHunter
BTC/USD correction to 30k-38k incomingYou need to understand overall market cycles and look at the higher timeframes before you start analysing lower timeframes. BTC 4-year cycles consist of - Cycle lows - Halving - Cycle highs Note that right before the halving, price usually ranges or pullsback On the weekly chart, notice the bearish order block and void on the left where liquidity exists. This is where there will be W1 resistance. Note: Bearish order block = The last bullish candle followed by the move down. That bullish candle was responsible for the whole downwards movement. And this order block is what price has been seeking and has now been touched. Only now do we look at the lower timeframe, D1. We can see that a D1 double top is forming. We don't even need to analyse H4, H1, M30, M15, unless we are intraday trading. Please stop posting M15 bull flags and making a call that BTC will pump 50%. My prediction is BTC will correct down to 30k-38k. I will load up on alts when this happens. This is only probablistic - therefore I'm already 33% exposed to alts, in case price does continue to pump, or in case BTC ranges while alts pump.
COINBASE:BTCUSDShort
by BollKalle
Potential Bullish ContinuationAs we analyze the charts, we can see that the highest timeframe is affecting our overall analysis. If we look at the weekly chart, we can see that there is a bullish run. This means that we should look for a buying opportunity on the 1-hourly chart. Our preferred entry price is at 1.0550, with an initial stop-loss at 1.0521 (-29pips) or -290usd/lot. Our target 1 is at 1.0614 (+64pips) or 640usd/lot. However, if we see that the daily chart is our highest timeframe, we should look for a shorting opportunity as a trend trading opportunity. The possible selling price is at 1.0631, with the initial stop-loss at 1.0663 (-32pips) or -320usd/lot. Our Target 1 is at 1.0502 (+129pips) or 1,290usd/lot. It's important that we do our own independent analysis and plan our own trade. By doing this, we can take advantage of the opportunities presented to us and make the best decisions for our trade.
Long
by RaynLim
Patience: How Higher Time Frames Can Save You from False SignalsHello TradingView Community! I know it's been a little bit since we have posted any content, but we are back after a brief hiatus to bring you more in-depth trading education! Today we want to cover a topic that we consistently see when helping traders who are trying to improve their results. That topic involves patience and leveraging time frames to improve your entries and chances for successful trades. In the fast-paced world of trading, it's easy to get caught up in the excitement of chasing quick profits, almost every trader has done it. However, successful traders understand the value of patience and the importance of using higher time frames to avoid false signals. Today we are going to broadly cover how incorporating higher time frames into your strategy can improve your long-term results. The Power of Higher Time Frames: Unveiling the Big Picture By zooming out and analyzing higher time frames, traders gain a broader perspective on market trends and patterns. This allows them to identify major support and resistance levels, significant price movements, and long-term trends that may be invisible on a shorter time frame. Understanding the big picture helps traders avoid getting trapped in false signals and make more accurate predictions. Avoiding False Signals: The Benefits of Confirmation on Higher Time Frames: One of the biggest challenges traders face is distinguishing actual market signals from noise. By patiently waiting for confirmations on higher time frames, traders can filter out the false signals that often plague shorter time frames. In this reversal example on the 15-minute time frame, it is nearly impossible to ascertain where an entry might be. If we zoom out several time frames, we get a much better idea of a possible entry signal that has taken days to develop. Trading with higher time frames allows you to filter out false signals and make more informed trading decisions. Don’t get me wrong, lower time frames have their place in the trading world. However, they should be complemented with an analysis of higher time frames to obtain a better understanding of market conditions. Traders can use higher time frames to get their broader entry signal and fine-tune that entry with lower time frames. A well-timed trade can make a world of difference in your profits or losses. Developing Patience in Trading: Trading with higher time frames requires patience and discipline. It helps you overcome the urge to make impulsive trades based on short-term fluctuations. Here are some broad examples of how you can develop patience in trading: Set longer-term goals: Instead of focusing on daily or weekly gains, set goals based on monthly or yearly returns. This shift in perspective allows you to take a more patient approach and avoid getting swayed by short-term market movements. Practice delayed gratification: Instead of constantly checking your trades and obsessing over every small price movement, take a step back and give your trades more time to develop. Adopting a "set it and forget it" mindset can help you avoid making premature decisions based on short-term fluctuations. If you are constantly monitoring low time frame price fluctuations you risk getting analysis paralysis, which can lead to impulsive decisions that may negatively impact your mindset and your hard-earned money. Adopting a systematic approach: Developing a trading plan or strategy that outlines clear entry and exit criteria can help traders maintain discipline and patience. By following a systematic approach, traders can avoid impulsive decisions and stick to their predetermined rules, which ultimately leads to better trading outcomes. A well-developed systematic approach often naturally forces our hand to be patient and lets the price action play out. Practice self-reflection: Take the time to analyze your trading decisions and outcomes. Look for patterns, identify areas where impatience may have led to poor choices, and learn from your mistakes. By reflecting on your trading journey, you can gain valuable insights and make adjustments to improve your patience in future trades. A very undervalued way to accomplish this is to maintain a trading journal. We highly recommend keeping even a basic trading journal for anyone we work with. Conclusion: Trading with patience and using higher time frames is a proven strategy for avoiding false signals and improving trading accuracy. By taking the time to analyze the big picture, patiently waiting for confirmations, and blending different time frames, traders can make better decisions and increase their chances of success. Remember, in the world of trading, patience truly is a virtue.
Education
by LeafAlgo
2
USD / CHF – ANALYSIS OF THE BIG PICTUREMy analysis today deals with how the further course of our most popular forex pair "USD / CHF" could look. > The technical analysis and selected indicators, confirm the thesis of an imminent rise. = Why, that I explain after the introduction. The DXY / USD has a non-negligible impact on USD / CHF, as the whole economy depends on its behavior, and it directly competes in composition. > Meanwhile, this seems to take a run-up, for a final upswing, which could put the currency pair under massive selling pressure. > Regardless of these selling pressures coming from the USD, USD / CHF has arrived at a very strong support, which suggests a rising price. In the following, the analysis goes into detail, so that the significant levels and areas are known to you. For this purpose, I have performed a "MULTI-TIME-FRAME" analysis, which refers to the higher time units (month & week) and thus makes the big picture visible. Normally all time units below "1h" are called noise, but even a - 1h-4h - analysis is of no use to you, if the knowledge about the big and whole is missing. > We traders know that no one can predict the future, and that is exactly why you have to be prepared for all initial situations. > If the DXY should rise again, that means "BLOOD" for the traditional and crypto markets. > This creates dangers, but also opportunities - it is important to look at the big picture. > Which levels are RELEVANT, I have explained in detail in the following pages. Table of contents 1st part = INTRODUCTION 2nd part = TECHNICAL ANALYSIS = Monthly - Time frame = Weekly - Time frame 3rd part = CONCLUSION PART ONE "INTRODUCTION" After "USD/CHF" formed a top at USD 1.015 in October|2022, a sharp sell-off has been unleashed thereafter. > This sell-off continued until the beginning of February, where we encountered serious support for the first time. > The sell-off was fueled by its base currency, the USD, which also experienced a sell-off. > Since the USD, showed signs of a possible bottom, this was reflected in the pair under consideration. > In recent weeks, we have seen an increasingly weaker sell-off, which I believe suggests a rise. = We have worked off the HTF Fibonacci - 0.786 - and saw a strong reaction. = The volume profile of the last 2-years, supports the current bottom with a strong area. = The "DAILY" - MACD + RSI - both show divergences, which further strengthens the rise thesis. > Once you look at the DXY (USD index) at the higher time levels, the further sell-off in the traditional markets becomes even more likely. (My DXY analysis is linked below this post, for confirmation purposes). SECOND PART TECHNICAL ANALYSIS For the analysis of the higher time levels, I proceed according to the onion-skin principle. > MONTH - level > WEEK - level > DAY - level These are divided into > SUMMARY > CHARTS The charts are presented in logarithmic scaling, as the given information can be visually presented in a more harmonious way. (This also refers to Fibonacci levels.) 1st MONTH – Time frame SUMMARY The trend channel shown in the chart, in turquoise, was formed since 1985 and has been able to maintain itself as a legitimate trend channel since then. Its mid-trend line showed reactions when confronted and was respected by the market. > The share price is at the decade-old resistance line and had challenged it over the past months. The trend channel shown in the chart, in earth color, formed since 2008 and directed the sideways movement that has existed since then. > The price is between the middle and support line of the channel. The trend lines shown in the chart, in purple, formed in the 80s and turned out to be excellent resistance or support areas. > The price bounced the last time in 2015, which was reflected in an extreme reaction. The trend lines drawn in the chart, in earth color, formed in the 90s and turned out to be excellent resistance or support areas. > The price bounced the last time in 2018, which was reflected in an extreme reaction. If we go into more detail about the "SUPPLY & DEMAND" zones, you can look at four "DEMAND" + "SUPPLY" zones on the chart. > The "DEMAND" zone 1, is STRONG = followed a Strong movement. > The "DEMAND" zone 2, is VERY STRONG = followed a very strong movement. > The "SUPPLY" zone 1, is STRONG = followed a strong movement. > The "SUPPLY" zone 2, is VERY STRONG = followed a very strong movement. The Fibonacci retracements should serve us as additional confirmation, and have been taken into account in past movements (last decades). > FIB 1 | will serve as a very strong resistance should the price attempt another run up. > FIB 2 | are the possible targets that come into play in the event of a further sell-off. (LIGHTLY weighted) > FIB 3 | are the possible targets that come into play on another sell-off. (MEDIUM weighted) > FIB 4 | are the possible targets that come into play in the event of a further sell-off. (STRONG weighted) Some levels of interest are in front of us, which in the last months + years, played a strong role for the market. > The currently most relevant - POIs are | 0.90 & 0.95 | already represented an important brand since the year 2011 and thus currently take a very strong role. > The other POIs are by no means to be neglected and will play a role for the price development in the coming days, weeks and months. (Therefore, take your time and transfer the ones that are relevant for you into your chart). OVERVIEW CURRENTLY RELEVANT CHARTS Overall picture without POIs + without FIBONACCI Overall picture without POIs Overall picture without FIBONACCI ATTENTION In the following time levels, I will only deal with the NEW, added elements. . 2nd WEEK – Time frame SUMMARY Besides the already mentioned trend channels + trend lines, others become visible. > These have caused reactions in the chart in the past and should therefore be kept in mind. The monthly "SUPPLY & DEMAND" zones are joined by others from the weekly view that coincide with other resistance / support elements. > The "DEMAND" zone 1, is MEDIUM STRONG = followed a Strong movement + combination with Monthly "DEMAND" zone 1. > The "SUPPLY" zones 1, is WEAK = followed a weak movement. > The "SUPPLY" zones 2, is VERY STRONG = followed a very strong movement + combination with Monthly "SUPPLY" zone 1. As further Fibonacci additions, we have two more elements: > Both newly drawn elements can be combined with the previously mentioned elements. Lastly, I would like to draw your attention to the "MARKET STRUCTURE BREAK": > These represent relevant resistance areas and reinforce the "TARGET ZONE 1". CHARTS Overall picture Overall picture without FIBONACCI Overall picture with TARGET ZONES THIRD PART CONCLUSION "The market is always right." As far as forecasts and analyses are concerned, everyone gives free rein to their opinion. > Depending on the analyst's past success, he or she is believed to a greater or lesser extent, but only one can always be right. In summary, based on technical analysis, there are strong reasons for a rising USD/CHF rate. > Since the price top in October|2022 - the monthly candles have been dominated by bearish. > A possible break of the support elements is not impossible, but rather unlikely. > The divergences in the daily RSI + MACD, suggest a bullish movement. For this reason, I expect a strong USD/CHF exchange rate and a strong USD and an accompanying bloodbath in the traditional and crypto markets. > Positioning after confirmation of this thesis = LONG. If this idea and explanation has added value to you, I would be very happy to receive an evaluation of the idea. Thank you and happy trading! ZIEL IST DIE AUTARKIE | THE GOAL IS SELF-SUFFICIENCY
Long
by ZielIstDieAutarkie
GBP / USD - DOES IT NEED A CORRECTION?GBP / USD - DOES IT NEED A HEALTHY CORRECTION? My analysis today deals with how the further course of our popular Forex pair "GBP / USD" could look. > The technical analysis and selected indicators, confirm the thesis of an imminent sell-off. = Why, that I explain after the introduction. The DXY / USD has a non-negligible impact on GBP / USD, as the whole economy depends on its behavior, and it directly competes in composition. > Meanwhile, this seems to take a run-up, for a final upswing, which could put the currency pair under massive selling pressure. > Regardless of these selling pressures coming from the USD, GBP / USD has arrived at a very strong support, which suggests a rising price. In the following, the analysis goes into detail, so that the significant levels and areas are known to you. For this purpose, I have performed a "MULTI-TIME-FRAME" analysis, which refers to the higher time units (month & week) and thus makes the big picture visible. Normally all time units below "1h" are called noise, but even a - 1h-4h - analysis is of no use to you, if the knowledge about the big and whole is missing. > We traders know that no one can predict the future, and that is exactly why you have to be prepared for all initial situations. > If the DXY should rise again, that means "BLOOD" for the traditional and crypto markets. > This creates dangers, but also opportunities - it is important to look at the big picture. > Which levels are RELEVANT, I have explained in detail in the following pages. Table of contents 1st part = INTRODUCTION 2nd part = TECHNICAL ANALYSIS = Monthly - Time frame = Weekly - Time frame 3rd part = CONCLUSION PART ONE "INTRODUCTION" After "GBP/USD" tried to break out of its previously existing downtrend in May|2021, a strong sell-off was subsequently unleashed. > This sell-off extended to September|2022, where we formed our currently existing low. > After this significant low of 1.03565 USD (lowest exchange rate since the existence of the GBP), investors' fears subsided a bit and a massive buying of 20.19%, to 1.21534 USD occurred (in less than 2 months). > Due to this extreme upward movement, we can assume that a correction is overdue. This is needed so that a healthy recapture, an acceptable exchange rate can arise. > In recent weeks, the strong upward movement has stalled a bit, making the correction I expect more and more likely. CONTRA | SELL-OFF = Despite the strong reasons for a sell-off, the price can approach the not yet tested downtrend line, which would be at approx. 1.28 USD. = In addition, the price has regained a sideways trend channel and has respected it so far. PRO | SELL-OFF = The significant Fibonacci level of 0.65 (of the previous upward movement) was reached and tried to be broken twice without success. = The "DAILY" - MACD + RSI - both show divergences, which further strengthens the correction thesis. > Once you look at the DXY (USD index) at the higher time levels, the further sell-off in the traditional markets becomes even more likely. (My DXY analysis is linked below this post, for confirmation purposes). SECOND PART TECHNICAL ANALYSIS For the analysis of the higher time levels, I proceed according to the onion-skin principle. > MONTH - level > WEEK - level > DAY - level These are divided into > SUMMARY > CHARTS The charts are presented in logarithmic scaling, as the given information can be visually presented in a more harmonious way. (This also refers to Fibonacci levels.) 1st MONTH – Time frame SUMMARY The trend channel shown in the chart, in turquoise, finds its root in 1972 and has been able to maintain itself as a legitimate trend channel since then. Its mid-trend line showed reactions when confronted and was respected by the market. > The price is in the area below the mean line and had unsuccessfully challenged it in 2021. The trend channel shown in the chart, in purple, formed since 1976 and represented a hidden sideways channel. > The price is far from the channel and will not provoke a confrontation in the coming months. The trend line drawn in the chart, golden, has its origin in 2007 and proved to be a very strong resistance. > The price challenged this between "early 2021 - to early 2022" unsuccessfully and subsequently experienced its strong sell-off. As we go into more detail about the "SUPPLY & DEMAND" zones, you can take a closer look at the following "DEMAND" + "SUPPLY" zones on the chart. > The "DEMAND" zone 1, is STRONG = Played a role in the last bottom formation. > The "DEMAND" zone 2, is VERY STRONG = Played a role in the last bottoming out. > The "SUPPLY" zone 1, is STRONG = followed a strong move + it goes along with the mid-trend line of the largest trend channel (origin | 1972) The Fibonacci retracements should serve us as additional confirmation, and have been taken into account in past movements (last decades). > FIB 1 | will serve as resistance should the price attempt another run-up. > FIB 2 | represents all relevant levels, for a possible sell-off. Past highs and lows usually serve as resistance/support, one of which we have. > OLD LOW | 03/2020 > OLDEST LOW | 1985 Some levels of interest are in front of us, which in the last months + years, played a strong role for the market. > The most relevant at the moment - POIs are (1.20 + 1.185 USD) - and have been an important mark since the year 1984. In addition, they currently take a very strong support role. > The other POIs are by no means negligible and will play a role in the price development in the coming days, weeks and months. (Therefore, take your time and transfer the ones that are relevant for you into your chart). OVERVIEW CURRENT RELEVANT CHARTS Overall picture without POIs + without FIBONACCI Overall picture without POIs Overall picture without FIBONACCI ATTENTION In the following time levels, I will only deal with the NEW, added elements. . 2nd WEEK – Time frame SUMMARY IN ADDITION TO THE ALREADY ANNOUNCED TREND CHANNEL + TREND LINES, FURTHER VISIBLE. The trend channel shown in the chart, purple, finds its root in 2016 and since then has been able to maintain itself as a legitimate trend channel. Its mid-trend line showed reactions when confronted and was respected by the market. > The price is in the lowest area of the channel and had regained it. Despite the successful recapture, the price does not seem to be able to hold this position for much longer. The trend lines, drawn in the chart, have the following characteristics. > The - golden - older line served as an excellent support line in the past and was only temporarily broken in 2022 by a "fake-out". > The - golden - line with the shorter history is our current down-sale trendline and would come into play in case of a further rise. > The - turquoise - line will serve us as a "POI support line" during the following correction, as it represented a strongly contested area in the past. The monthly "SUPPLY & DEMAND" zones are joined by others from the weekly view that coincide with other resistance / support elements. > The "DEMAND" zone 1, is VERY STRONG = followed a strong move + was not tested by the price so far + is covered by a monthly demand zone > The "SUPPLY" zones 1+2+3, are WEAK = each followed a Weak move and do not receive additional overlap from a Monthly Supply Zone > The "SUPPLY" zones 4, is VERY STRONG = followed a very strong movement + is covered by a monthly supply zone As further Fibonacci additions, we have four more elements: > FIB 1 | will serve as support, but should not be of great relevance. > FIB 2 | represents a possible target level, for a possible sell-off. > FIB 3 | represents all possible correction levels, for a possible sell-off. > FIB 4 | represents all possible levels for a further price increase. CHARTS Overall picture Overall picture without FIBONACCI THIRD PART CONCLUSION "Is the pound losing its global position as one of the strongest currencies?" If you answered YES to this question, let's look into the reason. > Do you think this is only due to BREXIT, or is the reason a bit more complex? > Let me know in the comments what you think could be another reason and will be in the future. In summary, based on technical analysis, there are strong reasons for a correction. > Since the second attempt to break the 0.65 FIB, less and less strength is showing in the GBP. > A possible break of the resistance elements is not impossible, but highly unlikely. > The divergences in the daily RSI + MACD, suggest a bearish sell-off. For this reason, I assume a weak GBP exchange rate and a strong USD and an accompanying sell-off in the traditional and crypto markets. > Positioning after confirmation of this thesis = SHORT. If this idea and explanation has added value to you, I would be very happy to receive an evaluation of the idea. Thank you and happy trading! ZIEL IST DIE AUTARKIE | THE GOAL IS SELF-SUFFICIENCY
Short
by ZielIstDieAutarkie
5
USDJPY Longs to 134.500!Reading price action we can see that USDJPY has shifted up in momentum creating higher highs and higher lows. The price has now broken previous areas of interest and is now testing as new support. Reading the structure we can see the price is creating an inverted head and shoulders in confluence with a flag formation. Notice how the price has failed to break this zone with the long-wick rejection we are seeing at 130.500. If the price manages to hold above this zone look to buy back up to 134.500 key psychological zone. If the price manages to break we must reevaluate price action. Use proper risk management.
Long
by ChartAddicts
DOGECOIN SHOCKED!!!!Dogecoin price analysis is bearish today. DOGE/USD retraced to $0.06 earlier. Slight selling pressure returned over the past hours. The dogecoin price analysis is negative today because of the recent sharp loss and the overnight retest of the previous bottom at $0.059, which was quickly followed by a move higher. As a result, DOGE/USD is now likely to see more resistance below $0.06 and look to decline much more. Over the past week, as the retracement from the $0.068 prior high began to conclude, Dogecoin price movement has gradually built c above $0.059 level. Due to this, DOGE/USD began to trend laterally, reaching a fairly small trading range at the end of September. From there, a brief increase in price led to $0.63 resistance, where a sharp decline in price immediately followed. Since then, DOGE has progressively retreated to the $0.059 support level, where additional selling has come to an end. The current Dogecoin price analysis is pessimistic.
DLong
by DEinvestment
As I said 😎Hi everyone, Yesterday I talked about how DOTUSDT was going to retest an important support level and bounce from it which it actually did. (link down below) Today we are looking at BTCUSDT where we just did a retest of the lower time frame head and shoulders and we are now at the major resistance level. In the last couple days, I mentioned that we were going to retest that resistance level multiple times and it did that. For now, I expect the price to consolidate a little bit on that resistance level before we break it to the upside. Notice that we removed the liquidity that was sitting on top of the last peak. In conclusion, I think that we are still bullish and we are going to make some nice moves the 2nd half of the year. Please comment if you have any questions, I will try my best to answer them. Thank you😊
Long
by yassin_khanji