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SANDUSDT Daily S/R| Price Action| Trend| .618 Fibonacci Evening Traders, Today’s analysis – SANDUSDT – trading at a key trade location where technical confluence is present, Points to consider, - Price Action Corrective - Daily S/R Support - Weekly S/R Objective - Low Volume - Trend SANDUSDT’s immediate price action is trading at a key trade location that has technical confluence with the Daily S/R, and the .618 Fibonacci, allowing for a bullish bias. The immediate objective is the Weekly S/R, exceeding this level will lead to a trend continuation. The current volume profile is below average, an influx is highly imminent when an expansion occurs. Overall, in my opinion, SANDUSDT is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps, Thank you for following my work And remember, “There are no guarantees in trading. The sooner you accept that you sooner you can release your expectations and focus unconditionally on a proven process.” ― Yvan Byeajee
Long
by AzizKhanZamani
IKVUSDT Price Action| Trend| Falling Wedge| Support Evening Traders, Today’s analysis – ILVUSDT- trading in a clear falling wedge pattern where a break bullish is probable, Points to consider, - Price Action Corrective - Local S/R Zone Support - Local S/R Resistance - Low Volume ILVUSDT’s immediate price action is corrective and is trading at a key trade location that has technical confluence with the support zone, allowing for a bullish bias. The Local Resistance is the main objective, exceeding this level will lead to a trend continuation. The current volume profile is below average, an influx is highly imminent when testing a key trade location. Overall, in my opinion, IULVUSDT is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps, Thank you for following my work And remember, “Amateurs think about how much money they can make. Professionals think about how much money they could lose.” – Jack Schwager
Long
by AzizKhanZamani
Nike: Breakout is Imminent!!!Hey guys, this is my first ever video tutorial and it's going to be on ticker NKE. NOTE: I apologize but I forgot to mention a stop loss (Very important!). In regard to placing a stop loss (which you should ALWAYS be doing) we will be using the average true range and swing high or low. We will want to place our stop loss at 1 ATR above/below the swing low/high when taking a short/long (Respectively). Please leave a like and some comments on what you would want to see in the future. If enough of you like the content, I will continue to make videos for you guys and gals :)
NYSE:NKE
by JDio43
2
Will the 3rd tap on the uptrend that started December 4th hold? Hello all, If the third tap on the uptrend that started on December 4th doesn't have a strong impulse back above $50,000 it'll likely fail to hold & break down which would trigger a sell off. Why do I think this? We broke below the macro uptrend that started in July 2021 which would of been the 3rd tap and if it held we'd be above $70,000 heading towards $100,000 like everyone said would happen in December going into 2022 but that never happened. Instead we had a $15,000 rejection which took us back below the previous ATH from April 2021 and back below the macro $50,000 psychological level. It failed on December 7th which started a small sell off, but in the last hours we got rejected and printed a lower high, and this is after breaking below the uptrend that started December 4th. If it was a fake out we'd already be back above $50,000 already, but it's been around 9 days and still haven't flipped it back into support. Not to mention the 4 hour momentum oscillator just left the sell zone (98) and it still around (50), so a good buy zone is (1 - 20) and it can go a few days in this zone for accumulation purposes to gain enough momentum for a short squeeze upwards. It looks like a bear flag has potentially formed, or a bear pennant, it really doesn't matter they're both similar and it's the market structure which matters the most. At the end of the day it's just added confluence which gives you more conviction towards the specific trade. $45,555 would be my short term target. (this is not financial advice, it's just my journal) Please leave a like or comment if you liked this technical analysis and my own personal explanation of the current market conditions we're seeing. 👍
COINBASE:BTCUSDShort
by YurloTrades
SOLUSDT Weekly S/R| .618 Fibonacci| Price Action| Trend Evening Traders, Today’s analysis – SOLUSDT – trading at a technical trade location where a bounce is probable, Points to consider, - Price Action Corrective - .618 Fibonacci Support - VWAP S/R Support - Low Volume - Daily S/R objective SOLUSDT’s immediate price action is trading at a key trade location that is in technical confluence with the .618 Fibonacci and the VWAP S/R, allowing for a long bias. The current volume profile is below average, an influx is highly imminent on an expansion. The current objective is the Daily S/R, exceeding this level leads to a trend continuation. Overall, in my opinion, SOLUSDT is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps, Thank you for following my work And remember, “Only The Game , Can Teach You The Game” – Jesse Livermore
Long
by AzizKhanZamani
$NKE - Intricate Weekly Trading PlanHey all! Just gonna get right into it. Dips at 166.62 should be bought. Dips at 164.75 should REALLY be bought. Very high chance we bounce at both of those levels and capture a clean 6.5% move intraweek. A break of 173.35 will likely lead us to 175, and then ATHs. I'm less confident in trading this break simply due to the formation of lower highs. I'm afraid the break will get stopped in its tracks. A loss of 164.75 will be violent, so have your stops set. If we lose 164.75 look to swap to puts FAST. Not too sure where the bottom will be on this one. GLHF everyone!
NYSE:NKE
by FluxTrades
MATIC Short Exit, potnetial long entry.Exited short position on MATIC at 2.12 having entered at 2.28 Because it touched the .618 fibonacci and bounced perfectly, this shows strength. It then broken out of the down trend, but failed to hold that. It fell back and broke out again which is where I exited shortly after. BTC dominance is still looking poor. I like the MATIC long entry at the .618 fib. so $2.04 would seem a nice entry to add to the long position. Depending on BTC trhis could drop further to the next fibonnaci level. Although the $2 level will be respected hard. Frustratingly I had a limit buy order set at 2.035 that didn't get filled. I am still short BTC and BTT.
M
by cheliosTD
1
Dollar power - will it last?The Dollar has surprised loads of people, as well as it hasn't other people. 😊 The trend is still for the north. Why? We don’t need to know why. On the chart there is trend strength - the RSI is well over 50, ATR is for the north, and squeeze momentum is north. The consolidation pattern on the Aroon is still bullish. Nobody knows what will happen next. At each consolidation some thought it meant that a crash was coming. Do I predict anything? I do not. The red dashed line is critical. What's your bet?
TVC:DXY
by Captain_Walker
BTCUSDT Local S/R Zone| Price Action| .618 Fibonacci| Trend Evening Traders, Today’s analysis – BTCUSDT – trading at a local area of confluence where a rotation to the highs is probable, Points to consider, - Price Action Corrective - Bullish OB Support - .618 Fibonacci Confluence - Swing High Objective - Trend BTCUSD’s immediate price action is corrective and is trading at a technical location that has confluence with the .618 Fibonacci and Bullish OB, allowing for a bullish bias. The swing high is the immediate objective, exceeding this level is likely to lead to a trend continuation. the current The immediate objective is the swing high, exceeding this level is likely to lead to a trend continuation. Overall, in my opinion, BTCUSD is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps Thank you for following my work And remember, “It’s OK to be wrong; it’s unforgivable to stay wrong
BITSTAMP:BTCUSDLong
by AzizKhanZamani
BTC possible bearish retest of the falling wedgeHere's a quick look at BTC 6 hr chart. As we can see, the price has previously made a possible bearish retest og the falling wedge. The price needs to penetrate the falling wedge to avoid further downside. If it doesn't break back into the falling wedge, we could very well see a revisit of 47k. The bullish scenario is this: The price breaks back into the falling wedge, then retests the falling wedge and bounces off the falling wedge and in the end breaks it to the upside! Lets see what happens next! ------------------------------------------- What Is a Wedge in the context of trading?: "A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts. Key Takeaways for Falling wedges: 1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods. 2. The patterns may be considered rising or falling wedges depending on their direction. 3. These patterns have an unusually good track record for forecasting price reversals." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
by MBM_Crypto
3
SHIBUSDT Range High| .618 Fibonacci| Price Action| Trend Evening Traders, Today’s analysis – SHIBUSDT- trading at a key trade location where holding range high is critical for a bunce, Points to consider, - Price Actin Corrective - Range High Support - VWAP Support - Low Volume SHIBUSDT’s immediate price action is corrective and is trading at an area that has technical confluence with the Range High/ .618 Fibonacci and the VWAP, allowing for a bullish bias. The current volume is below average, an influx is highly imminent when an expansion occurs. The immediate objective is the range high, exceeding this level is likely to lead to a trend continuation. Overall, in my opinion, SHIBUSDT is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps, Thank you for following my work And remember, “You will never find fulfillment trading the markets if you don’t learn to appreciate and be satisfied with what you already have.” ― Yvan Byeajee
Long
by AzizKhanZamani
$CLF no cap this is my teams biggest holding*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Recap: My teams still holding $CLF shares from our three entries at $13.27, $18.06, and $20.60 My team is increasing our $CLF shares at $22.35 per share on the market open of 11/8/21. We have increased our shares four different times already on this trade. This may shock you guys but $CLF has now become my teams largest holding. We're confident and adding more shares because $CLF smashed their 3rd quarter earnings and are set to succeed next quarter as well. Also if $CLF attempts and is able to break past resistance at $26 once more then we expect a rally begin. ORIGINAL ENTRY: $13.27 2ND ENTRY: $18.06 3RD ENTRY: $20.60 4TH ENTRY: $22.35 If you would like to see more, please like and follow us @SimplyShowMeTheMoney
NYSE:CLFLong
by SimplyShowMeTheMoney
6
LUNAUSDT Resistance| Price Action Levels| RSI POC Evening traders, Today’s analysis – LUNAUSDT- trading at a key level of resistance where a rejection is probable, Points to consider, - Price Action Impulsive - .618 Fibonacci Resistance - Daily S/R Objective - Increasing Volume LUNAUSDT’s immediate price action is impulsive and is trading at a key level trade location that has confluence with the .618 Fibonacci and Order Block, allowing for a short bias. The Daily S/R is the current objective, exceeding this level will lead to a trend continuation. The volume is on a steady increase, this needs to continue for an impulse break from resistance. Overall, in my opinion, GALAUSDT is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps, Thank you for following my work And remember, “It’s OK to be wrong; it’s unforgivable to stay wrong.” -Martin Zweig
Short
by AzizKhanZamani
5