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BITCOIN, NEXT MOVEHi guys, I hope you are doing well wherever you are. If you found my idea useful share it with your friends please, thanks and let's go. I think price will fall to next support line which is about 22400-21300 USDT, Then it can increase to local ATH around 23600-24600 USDT and . If it happens we could think about breaking local ATH zone and higher price which it could be around 27000 USDT and even more. This analyze is just my personal opinion about the BTC chart nothing more nothing less, SO DO CARE ABOUT YOUR MONEY AND YOUR TIME! DO NOT FORGET ABOUT LIKE AND COMMENT PLEASE!
Long
by aminkarimpoor0511
1
EUR/USD seems nice to trade next weekHello everybody. I was looking for something interesting on market and found this formation on EU very interesting. Look here. We are creating a huge channel from 1.011 to 1.025 now. Once we break 1.02550 or 1.010 we will run 'to the Moon' or backwards 'to the Hell'. SO, I just placed alerts for 1.02550 and 1.010 so I can open long or short on both of these prices. This is the simplest way to trade and this is always work, because this is how economy works. My TP for long is the nearest level and this is about 1.03. My TP for short is 1.00. SL depends on your own risk-management . Also, if you are a experienced enough you can trade inside this channel. But this is always way riskier than trade breakthrough. *We have some really BIG fundamental things going on, so all the market could be very shaky. Have a good weekend and good luck next week guys. Always yours Fridrex ;)
by Fridrex
Possible next move in SPXHi everyone. Today I'm gonna talk about SPX. In this moments the price have 2 posibilitties: Option A: We have a double bottom pattern and the price will go to the level of pattern and then we need to wait a intentional canddle who confirms the change pattern. In this point it's good enter to long (more risk) Option B: The price will go to te resistance and then will fall to the support (here we can enter with a short). In the support we need to wait if the price will go down or bounce to the resistance again (good opportunity to enter long) Thanks for read this and leave me a comments or questions and if you like this analysis, follow me. See you soon !
SP:SPX
by huraz
ETHUSDT - DUMP before the PUMP 📉📈Hi Traders, Investors and Speculators Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. A quick look at potential short term price action for Ethereum / ETHUSDT . There could be a chance for a quick swing trade here. In this video, I briefly discuss the technique I use to get to the short term price target - the 20d Moving Average. This technique involves using Bollinger Bands with Fibonacci Retracement lines and multiple indicator Phoenix Ascending which contains the LSMA, RSI and EMA. This video is my short term prediction for ETHUSD. However, from a macro perspective, I believe that we are currently in the market cycle of accumulation. This is according to the Wyckoff Method market phases. The four phases of the market cycle are accumulation, markup, distribution, and markdown. During the accumulation phase, a new cycle begins that generates a trading range. This often creates a strong resistance zone / failure point / spring . This is the precursor to another bull cycle, but it can last an extended period of time. The final moments of this phase will attract algorithm trading driven stop hunting , often observed near downtrend lows, where price drops just underneath key support and then triggers a sell-off. This is followed by a recovery wave that lifts the price back above support. Incase you missed it - What Is Stop Hunt ? Stop hunting is a strategy that attempts to force traders out of their positions by driving the price of an asset to a level where many people have chosen to set stop-loss orders. The triggering of many stop losses at once typically creates high volatility and this is often very obvious during the accumulation phase of the Wyckoff Method. This implies that there may be volatility during this phase as the price constantly rises and falls. If we take all of the above into consideration, Ethereum can still drop and increase (within a range) multiple times until a clear bottom is established and the next markup phase / bull cycle starts. This makes for a great time to accumulate, and even do a few swing trades with relatively low risk. Also check out this related idea on Cardano / ADAUSDT : _________________ 👀Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 📉 Hit like & Follow 🔔 We thank you for your support ! CryptoCheck
by Crypto-Check-
43