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Keylevel

BTC is in a corrective move, key levels to watchI have spent this morning analysing BTC and I have come up wth multiple counts. This count however, is the clearest and simplest one. I am having a hard time counting the move from 69k (nice) as a five-wave move. It´s possible but I give it a lower probability since it´s not as clear as this count. Therefore, I am setting an alert for the trendline break and untill then I will spend time perfecting my own strategy and studying fundamentals (thats why we are in crypto right? Not only for the money - although money is nice). These prices suit as good opportunites for hodl buys but the most money is always made trading altcoins. For that we need BTC to be safe above supports (above the said trendline at least). So as I said, until that happens we are free to spend time away from charts :).
FTX:BTCPERPLong
by Tradern53
1
ADA Almost ready to rumble! Let's start with: "What goes up must come down!" As we can see on the weekly TF we started the run up around the $1, we've been going straight up towards the $2.3 level. After hitting it's previous ATH at $2.46 we saw a fast drop down all the way back to the current strong supportzone between the 1 - 1.15 USD. This ignitiated the second run up towards the current ATH at 3.10 USD, followed by a heavy pullback, back towards "lift off" point! Which leaves us currently trading around the 1.17 wich is near the strong supportzone. What i'd love to see is finding support, retesting this support level and gain momentum towards the upside and start an uptrend, if we hold the key support level around the $1 it's still looking strong for Cardano and we could deffinately see a new ATH in the near future, 'cause what comes down, also must go up! :) But... If we break the support we could be going lower between the 0.84 - 0.94. Something i think we won't be seein' happening due to the fact that the supportzone seems to be a legit strong one, but hey, u'll never know ! :) Also the Stochastic RSI looks almost ready for lift off. Let's see what the next couple of days will bring and if we close this, or the next weekly candle in the support zone, followed by a nice BIG green fellow! *******If you guys like my (global) analysis please leave a like, it's my second published idea. I'm always open for info, improvement, learning and feedback! ADA/USDT Bybit Perpetual Contract Cardano - US Dollar Have a nice day people, Trade safe & Stay safe!
BINANCE:ADAUSDLong
by CryptoTTM33
4
GBP/USD RETEST AGAIN THE RESISTANCE DOWNTREND LINE AT 1.3600The hopes of government support to the London, due to Brexit-linked losses to the financial hub, join the positive progress on the US-UK Brexit trade talks to favor GBP/USD bulls. Elsewhere, the European Union (EU) took down multiple Brexit-linked sites, including the leave EU, while marking the latest spark with the UK. Additionally, news of the British-France tussles over immigration also portrayed Brexit woes. During these political and economic events, GBP/USD touched again and retest the downtrend resistance line drawn from the high of the beginning of June last year and the strong psychological level at 1.3600. Yesterday the GBP/USD was trading higher and closed the day in the positive territory around $1.3528. Today it was trading in a narrow range of $1.3525-1.3600, staying close to 8-week highs. It would be interesting how the traders will react in the following days. If the price continues growing and break with a strong bullish daily candle 1.3600 level it will activate the bulls on the market and the price probably easily will reach 1.3700. If that level doesn’t stop the upward movement it is possible to see prices around 1.3832 or higher to the strong psychological levels 1.3900 and why not 1.4000. Retail trader data shows 49.59% of traders are net-long with the ratio of traders short to long at 1.02 to 1. If the price confirms the downtrend and resistance line and starts falling and breakthrough 1.3500 level it will activate the bears on the market. It is possible to see very quickly test of levels around 1.3366. If the sellers don’t stop there it is possible to see prices around 1.3200 or to reach the downtrend support line around 1.3000. Looking at our oscillator indicators we can notice that RSI is very close to the overbought zone. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carry a high-risk level. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and such sites. Furthermore, one understands that the company carries zero influence over transactions, needs, and trading signals. Therefore, it cannot be held liable nor guarantee any profits or losses.
by legacyFXofficial
ADBE RETEST AGAIN AND BOUNCE BACK FROM STRONG SUPPORTAdobe Systems Incorporated (ADBE) is a large diversified software company that operates worldwide. The company deals in digital media and cloud services that allow customers to access the latest versions of its creative products. The stock had been a big winner over the last couple of years, more than doubling since the start of 2020. However, a recent disappointment in earnings erased the last few months of gains. With earnings estimates starting to fall, investors are now concerned that the bull run might be over. The guidance forced analysts to drop earnings estimates for all time frames. For the next quarter, we have seen just a 1% drop over the last month, falling from $3.37 to $3.34. But the stock bounce back after the false breakout and step again above $550.00 per share and above 50-Fibonacci retracement level drawn from March 2021. The stock gapped lower after EPS and then took out the 200-day MA and continued to lows not seen since June. If the bears want to push this stock lower, they must take that $550 level out and could push to the $450-500 area. If the bulls want to gain some traction back, they need to take the $593.00 and 61.8 Fibonacci retracement level and then fill the gap at $600. Our statistic software notes a bullish pattern with a peak return of 4% in 1 month and a probability of 72%. Until then, the sellers will stick around. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carry a high-risk level. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and such sites. Furthermore, one understands that the company carries zero influence over transactions, needs, and trading signals. Therefore, it cannot be held liable nor guarantee any profits or losses.
NASDAQ:ADBE
by legacyFXofficial
Divergence signal and selling opportunity in NZDUSDH1 time frame. Structure: Uptrend. The current price has formed a divergence signal and a double top reversal pattern. Wait for the price to break the Key level at 0.67900 and appear a confirmation retest signal, then you can find selling opportunities. The profit target is the 0.67600 and 0.67000 price zone. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
Short
by tradafx