Long-short
BOLT up in a days to come?BOLT retested this ascending trendline that supporting it since July-Aug. Wants to break out from this "small" descending channel that was road down for almost a full month. Last time this trendline was tested 3 times, so we could expect similar action here. If we lose this trendline as support and that horizontal support level at 0,0063, we could expect more downside, so we can take a short position. Indicators look bullish on the daily chart , but on LTF we could see some cool-off time is needed. Watch this one, could have a nice move ahead. Good luck traders
Bitcoin Trying To Move UpAlthough a long looks smart to me, we are not out of the woods yet. Longs that are still open from down at 54000 should keep their longs open unless we break below 55800. For people looking for a long, we could potentially get long entry back down at 57255 before a move up. This also depends on when we can get there. I'm looking for a short scalp at 65700 but in order to get there we need to break above stronger resistance which is why this can only be a scalp back down to test 64300. But this also depends where the upwards trendline comes in at and what time frames we start closing above resistance I don't like analyzing moves long term because of the dynamically changing aspect of the market but we must see a 12 hour close above 63600 in order to confirm a break through resistance.
63500 looks good to me as a short with exit at 62400
and 65700 for the next short with exit at 64300.
These entries will likely give anyone a chance to exit without taking a loss but target isn't guaranteed to get hit. Watch your trends.
CRVUSDT Range High| Range Low| Price Action| Trend Evening Traders,
Today’s analysis – CRVUSDT- trading bac within its range where a deviation to the lows is probable,
Points to consider,
- Price Action Impulsive
- Range High Resistance
- Range Low Support
- Low Volume
- RSI Neutral
CRVUSDT’s immediate price action is impulsive and is trading near its range high where a rejection is probable, allowing for a bearish bias.
The immediate support is the Range Low, exceeding this level will increase the probability of 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, CRVUSDT is a valid short with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“Accepting losses is the most important single investment device to insure safety of capital.” – Gerald M. Loeb
SHIBUSDT Falling Channel| VWAP S/R| Price Action| Trend Evening Traders,
Today’s analysis – SHIBUSDT- trading in a clear descending channel where a breakout continuation is probable,
Points to consider,
- Price Action Impulsive
- .618 Fibonacci Support
VWAP Confluence
- Swing High Objective
- Low Volume
SHIBUSDT’s immediate price action is corrective and is trading at a key trade location that has technical confluence with the .618 Fibonacci and the VWAO S/R, allowing for a bullish bias.
The Swing High is the immediate objective, exceeding this level leads to a trend continuation.
The current volume profile is below average, an influx is highly imminent when an expansion occurs.
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’re going to learn a million things, then you need to forget them all and focus on one.” – SunriseTrader
$AMC - Weekly Swing Trade OpportunityWe've got a very simple trade thesis today! AMC has been consolidating for the past five months after it's insane run to 72$. After such long consolidation, we're finally nearing the end of our wedge, meaning AMC is primed to make a large move to the upside OR downside.
I will be eagerly eyeing this ticker, and will play a break to either direction as I've got no personal biases. Regardless of the direction, the move will be explosive. Have your alerts set!
90% of CME gaps have filled in the past! | #Bitcoin #CMEHello Padawans,
According to the past, 90% of CME gaps have filled at least by a spike.
Okay what is a CME gap?
The gap is the difference between the closing and opening trading prices of a CME bitcoin futures contract on Friday and Sunday. There are no trades between Friday's closing session and Sunday's starting period, resulting in the gap. The gap can also exist while the CME is closed for the holidays.
hope you all got an idea.
I hope it will never get filled if we can directly go to 6 digits Bitcoin.
let's see what will happen next.
Cheers
May the force be with you.
LTCUSDT PA Channel| POC| .618 Fibonacci| Low Volume Evening Traders,
Today’s analysis – LTCUSDT – trading at an area of confluence wither a rotation to the highs is probable,
Points to consider,
- Price Action Impulsive
- POC S/R Support
(.618 Fibonacci & VWAP Support)
- Low Volume
- Uptrend
LTCUSDT’s immediate price action is impulsive and is trading at a trade location that has technical confluence with the VWAP S/R and the .618 Fibonacci, allowing for a bullish bias.
The current volume profile is below average, an influx is needed for a trend continuation.
The current trend is bullish in a PA Channel, maintain the current support will keep the market structure intact.
Overall, in my opinion, LTCUSDT 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,
“Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money.” – Ed Seykota
ROSE Price Correction - Bearish Trend Ending SoonCharts published are based on technical factors using patterns, structures and price action and no chart is 100% guaranteed and market volatility can change the trade setups or plans anytime. We share the charts and analytics for education purposes while you should follow them at your own risks. We always recommend doing your own analysis before investing in high risked market instruments.
Not a Financal Advice.
EURUSD long - Supply Demand, weekly bullishWell for the EURUSD I see price going up higher. The weekly is currently rejecting a very important structure point.
We can see that the price started a very strong push to the upside. Therefore price could give us a small correction and afterwards bullish continuation
Let's see
What do you think?
GBPUSD long - Supply Demand, weekly bullish, h4 bullishOn GU we may see very soon price moving up. Of course price could as well drop right through the weekly structure point. Overall price is bearish. My ideas is based on the liquidity point were the price tapped in. We may use this liquidity in order too make a nice correction for the GU
What do you think?
ENJ / USDT Breaking Resistance May Be Ready Now For Another MoveCharts published are based on technical factors using patterns, structures and price action and no chart is 100% guaranteed and market volatility can change the trade setups or plans anytime. We share the charts and analytics for education purposes while you should follow them at your own risks. We always recommend doing your own analysis before investing in high risked market instruments.
Not a Financal Advice.
XRPUSD long - Very soon exploding, Last Correction, FEAR, 12$For XRPUSD we will see very soon price moving to the upside like crazy. We tapped into the first Demand Zone. Let's see if price drop even lower to target the second the demand zone.
Price formed a triangle pattern, and from past statistics we can expect that the price will move up like crazy.
So let's goo
12$ - 21 $ incoming "!!!!!"
But the most are currently in FEAR and this is the whole game. This is why some of us investors will hold through this whole thing and will be rewarded ;)
What do you think?
Bitcoin last correction FINAL TARGET 2022 - End of BullrunHello Guys and welcome to this analysis for BTCUSD.
I see the price giving us the last correction.
Price should stop very soon with the downmovement and will then start to explode to the upside.
This is what my last analysis is about. We can see how nice the price targeted the liquidity. Therefore it will go up very soon. The price can target the most recent created liquidity in order to drop into the Demand Zone. From there the price can go up very high till our final Target. Which will be the end for BTCUSD Bull Run.
Afterwards the price will drop crazy to the downside. For a major correction.
What do you think?
Do not trade #Bitcoin without watching this!!!Hello Padawans,
If you are a fan of me you know how bullish am I on Bitcoin. But this is crypto.
Be ready for anything.
This is not a short signal. I am still holding my long positions.
My target on Bitcoin is 72000-87000 within December. But I will be prepared for any scenario.
Psychology is playing a huge role in the crypto market.
Stay safe do not get manipulated by the bad players.
Is BTC repeating history ? As we all passed through the Jan 2021 and we all have seen what happened, these days of BTC was quite interesting for me and made me think about different possibilities of prediction in the BULLISH and BEARISH scenario which I explain one by one in below
I know maybe we are more BULLISH in "Onchain charts", "market cycle" or " sentimental analysis" but it's just a technical analysis from my view
Trend Lines
1. As we see on the chart "Orange trend lines" which is from the COVID-19 crash until now, has pretty decent support (white arrows) even after the correction in March and after that, however, we have another trend line which is in the upper on the chart which had good resistance in past and even with these days, that when we connect these two lines they bring us a massive "rising wedge" pattern which as all we know its a BEARISH pattern.
Triangle
2. Even though we also have a pretty big resistance zone just sitting above our ATH and it seems a giant right triangle which also can be a very good BULLISH move in case of the breakout from above.
Historical Move
3. HOWEVER, if we use a "Bar pattern" from 23th of Jan to the end of 21st Jul, we will see that BTC price had followed the historical move almost the same, In this case, the rest of the bars will sit EXACTLY under our resistance zone (even upper resistance trend line) and above our support trend line ( last white arrows ) !!! Surprisingly, it will fill up our rising wedge pattern. Also, if we compare both dates of that period they are both 50 days.
Baby Rising Wegdes
4. The white dotted rising wedge ( left one) did a very good job on finding a good spot to sell (or short) that we can easily see BTC is making another one in present days as well.
EMA
5. last but the least, We got the EMA 200, it has been very crucial for the overall movement of BTC in 12H timeframe and we had a good bounce from retesting it which remains us a good BULLISH signal.
If BTC repeats that historical bar pattern again we might have another leg to the downside, but if it breaks the rising wedge and triangle from the top who is gonna stop it? which way do you think BTC will choose?
What is your thinking about my technical analysis?
Please feel free and leave your opinion in the comment section and let me know them.
TLMUSDT Daily S/R| Price Action| .618 Fibonacci| Trend Evening Traders,
Today’s analysis – TLMUSDT – trading towards a key support area where a bounce is probable,
Points to consider,
- Price Action Corrective
- Daily S/R Support
.618 Fibonacci Confluence
- Volume Climaxes
- RSI Bullish Control Zone
TLMUSDT’s immediate price action is corrective and is trading at a key trade location that has technical confluence with the .618 Fibonacci and the Daily S/R, allowing for a bullish bias.
The volume current has climatic nodes, indicating a temporary bottom thus a reversal is probable.
The RSI remaining in its bullish control zone is indicative of strength, this is important for price action to reverse.
Overall, in my opinion, TLMUSDT 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 is a huge difference between a good trade and good trading.” – Steve Burns