NASDAQ, uptrend Target Midpoint R2,R3Hi traders, the market is going higher.
Pls take a note about this, first of all, we might have a Fib 78%, retracement until 12980, keep checking the trend and the retracement level.
R3 14,656.83
R2 13,984.13
R1 13,740.27
PP 13,311.43
S1 13,067.57
S2 12,638.73
S3 11,966.03
Levels
FIL looks bullishVery technical asset. I think it will still come in the 19-20 zone. Then I see only one way. He may have sprains. I don't expect him to fly up from the current ones, the correction looks incomplete.
I am waiting for your response. It's interesting to hear your thoughts in the comments.
P.s. By the way, this is an interesting entry point for a medium-long time. The asset has fallen heavily (now x11 to the peak price). The coin is held by major players and funds.
Gold- red candle on a weekly chart!hello everyone
Today's performance of gold left a red candle on the weekly chart on the second day, this might look bad on the daily chart ,but the last 5 candles on the weekly chart creating a bull flag pattern.
on the daily chart we have a good looking hanging man from yesterday and the red marubozu candle brought chaos to the market.So I expect lower prices on XAUUSD for the next couple of days or on the good side, remaining on the existing channel.
our next support level 1950$
next resistance level 1965$
Tesla, Long trade, target R1-R2 $1021-$1039Technical Analysis
Frame 30 minutes is showing some good reasons to go in long trade for tomorrow.
RSI 8, Ma 8, are in 60%, the prices are over the BB 20 basis, $999.46.
But there is another signal, showing the prices will drop at the end of the day. So, it is important to take the profits and set the positions to go in short trade as soon the signals change to downward.
The results, of the Intraday Strategy. Pivot levels
R3 1,063.35
R2 1039.13
R1 1,021.84
PP 997.62
S1 980.33
S2 956.11
S3 938.82
ETHEREUM- can we take this as a breakout?!Hello everyone
In today's charts we had brakeouts on almost all of the crypto assets(NFT's not included).As for ETHUSDT we have a breakout of the resistance level 3050$ which is not a key level YET. We have started the week with a green candle yesterday,So lets hope for the best( everything in this market is 60%-40%).
Considering the last 3 candles on the daily chart on ETH which left an engulfing pattern behind, we may see a good changes in the next couple of days, but just to make sure about the better market, I believe we need a daily candle with smallest shadow possible.So for now this is not a breakout for me as an investor, but for me as a trader, I'm always in.
Next resistance level 3200$
Next support level 2950$
BITCOIN - Wedge or bear flag?!Hello everyone
As we see on the chart on daily timeframe BTCUSDT in between two levels of 41200$ and 39500$ (we had a bear spike in 4 hours time frame yesterday).
✔️If we consider this trading range the end of a wedge pattern in a clean breakout of the 41200 level we may see a retest of this level and have the price reach the next level 44000$.
❌ On the other hand, If we consider this a bear flag (or cup and handle) pattern on lower time frame(4 H maybe)the we may see the break of 39500$ and retest of the weekly trend line(the black line) which shows the higher lows on the market.
In my opinion ( not a financial suggestion) We may see the price goes higher.
will we have a breakout??!hello everyone
In the past 3 days IOTAUSDT created a bull channel in 4h and considering the accumulation in this level and the possibility of bear market in higher time frames and the spikes in the volume in the past couple of days ,there is 20% chance to see a breakout.
for now, let's don't get excited and flow with the trend of the market. resistance level of 0.675$ and support level of 0.625$ have made our certain channel for now.
Will the volume change the direction of the market?? Hi everyone,
Just like many other assets Ethereum (ETH) is experiencing a difficult market. The spike in the volume is a good hope of having a reversal market or maybe breakout of the bear market.
We have a support level on 3000$,In daily and in 4 hours chart we have a good support on 2800$. Let's keep our hopes up that one of these levels hold the price(For investors of course).
US100 in a intraday downtrendJust having to be patient and wait for some sort of reversal or decent pullback.
Today is FOMC so I am not expecting anything to happen until after the statement drops
Trade #001/100 - Ethereum - ReversalTrade #001/100 - BINANCE:ETHUSDTPERP
Good Morning Traders,
Starting a new series of 100 Scalps with 3% Risk and looking for 5:1 R:R ratio.
Looking for 0.618 Fib Pivot Point Reversal
Trend losing bias and forming reversal patterns
Tight Stop-Loss for good R:R, actually looking for a 5:1 R:R.
RSI Div on M15 and on M5.
Lets Keep it simple.
"Nobody - and I don't care if you're Warren Buffet or if you're Jimmy Buffet - nobody knows if a stock is going to go up, down, sideways or in circles. You know what a fugazi is?"
ATOM / BTC Uptrend 4 month. Channel. The analogy with LTC / USDCurrently ATOM / BTC has been moving in an uptrend for 4 months. The growth of the coin was + 250%. Movement in an uptrend occurs in an upward channel in increments of about 50%.
Trading in the channel from the trend line of channel support to resistance. Target on the chart.
Stop-Loss is under the trend support line, but when setting Stop-Loss, consider the potential volatility of this tool.
Sooner or later there should be a breakdown of the channel and the uptrend of this coin. The trend will then change. Therefore, carefully monitor the line of the uptrend. Great potential will work short when the trend changes. But for now, an uptrend. Always trade with the trend. The coin is very technical, I have an analogy with a pair of LTC / USD. Take a look. Below will be the previous trading ideas for the LTC / USD pair with a similar formation and work.
LTC / USD trend trading. June.
LTC uptrend is broken. Trading in a downward channel. August.
LTC / USD. Work in the channel. Pivot points. November.
TUTORIAL Well, this is a teaching idea on the example of the same LTC / USD how to work in a trend. Long
Pyramiding How to earn 52000 with a risk of 5% from 10000 1part
TUTORIAL
Pyramiding money management. 2 part. Short LTC/USD
BTC Bitcoin/USDT Bybit chart. The good, the bad and the ugly! Hey yall let me explain some things real quick. First, I cant use my mic right now... Little cute daughter and wife sleep in my room. Please excuse me. Im also on my laptop not my office set up lol... So I apologize... Great levels to see on my chart as I fib from march 20th of 2020 all the way to ATH of 69k and then 69K back down to the latest low of 32kish... The 0.382 lines up to be a perfect explanation level of resistance as you will see in the video all though I don't explain it all that well lol. Hope you still get something out of it! Any questions I'm happy to answer just leave comments! I know its not rocket science for you advanced traders or even intermediate. Im just sharing my findings... Don't jump down my throat, experts.... most people are very cool on this platform. Some take this a bit too seriously! Just trying to help! Remember that pls when you comment... Feel free to roast me, however, on my lack of short cut skills or my random nervous movements! hahahahaha. I'm good with that! Be blessed and stay free fellow humans! Pachem
Solana long target idea - please critiqueSolana crossed the daily 200MA after a few attempts over the last couple of weeks. I've mapped the 200MA in black and key levels of resistance in purple. I'm assuming if we see a retest and bounce from the 200MA, a conservative long target would be the underside of the next level of resistance. Please let me know your thoughts.
Bitcoin key levels show the next big moveThe daily chart key levels show where bitcoin price spends most of its time and volume.
Price tends to move quickly from one level to another, and from this we can see where Bitcoin could jump to on his next big move.
Currently trading above the 40500 key level, the next one is either 39000 or 46500.
On 4H the next level is either 42220 or 39400.
Follow the nasdaq and S&P500. Bitcoin tends to trend in the same way as these financial indexes. Right now the global trend is bearish but short term is bullish.
LTC rejects $112 as correction loomsTL;DR Breakdown
Litecoin price analysis shows litecoin is struggling to maintain price levels.
Support for LTC is present at $107.
Resistance for LTC is present at $112.
The Litecoin price analysis for today is bearish. The LTC/USD rallied high yesterday when the price surged from $106 to $111.3 in a swift move, gaining significant value. Today LTC is correcting again, and the price has decreased to $110.3 at the time of writing. After getting resistance at $111.3, LTC is correcting again as bears have taken control over the price function. Last week proved rewarding for the LTC/USD pair as the short-term price trend line is upwards, and the coin gained more than five percent value over the past week.
BTC TA for the coming week - levels to watchHi everybody,
here is my BTC TA for the coming week.
It indicates all levels of relevance.
The areas surrounded by thick grey lines indicate large high volume areas.
The "zones of interest" within those areas indicate high volume zones which attract price.
The POC and NPOC levels of course also serve as a good reference point for where price may be headed.
The green zones in between the larger areas indicate low volume zones where price tends to return to or shoot straight through.
Then in between are some basic S/R lines that may be of relevance.
If you like the chart, give me a thumbs up.
Enjoy your week, everyone!
Bank Nifty Intraday StrategyHi Everyone,
So make trading simple as we can this is not a complicated things
Here we can see in this 1 hours chart that yesterday banknifty break a important trendline and the closing is above the line ...
(So my today's view is bullish in the market)
Where to take Trade
1. If banknifty move and close above 34050 then go for CE and the target is 34400 and if market open near 33500 then 33500 is a support you can take CE position near 33500.
2. I'm bullish in the market till 34800 we are planning to buy PE near this level.
That's all for today from my side. If you like then please follow and ask your doubts in the comment section.