USDT.D (Update) (Long-candles are located at the bottom of the Channel.
-USDT.D uptrend to the relatively old Resistance line in the first move ahead.
-Attention to the MA200 with the role of support under the trend candel's.
-
-The intersections of the resistance and Trend line (Green line) in the RSI indicatore seem to create a Strong area for moving upwards.
-Therefore the market Still is more likely to fall .
+Disclaimer
This is not financial advice.
The content of this analysis is subject to change at any time without notice.
Long-short
XRPUSD CRASH - Panic in the MarketPerfect moves for XRPUSD. Price tapped into the most important demand and pushed the price to upside. What a crazy manipulation.
But hey? Is XRPUSD now dead?
Not it is not. Price just made a huge correction and thats it.
Price can even correct more. Till the Support level at 0.35 is possible.
But yeah very unrealistic. This move down was necessary for the upcoming movement. See you at the top
BTCUSD long - BIG CRASH / Correction as analyzedHopefully you have watched my last update for BTCUSD where I explained exactly this scenario. Now BITCOIN will move crazy to the upside and to end with the target around 80k for this year
Reason for the drop was very simply. It was liquidity. Price needs it in order to push it now that much to the upside
What do you think?
BTC reversal - The other pathIn the recent post "BTC reversal", I have showed you how a normal market behave in this type of situation, that is when reversal structure appears accompanied by more patterns founded in Chartism.
Sometimes BTC do behave as a traditional market (commodities, forex, etc), nevertheless, Crypto is a special kind of market, one with very high volatility and in which is common to see over extended movements.
That's why, now, I'm sharing with you how I will trade the possibility of an over extension.
Any of both cases end up with a strong correction to the 40k-46k level.
Best of luck for every one of you !!
Thanks for your support.
Let me know what do you think.
Give me a thumb up if you feel it.
Peace and Joy
Crypto Solar
CHZUSDT Price Action| Swing Low| Trend| Volume
Evening Traders,
Today’s analysis – CHZXUSDT – trading above its current support level where a deviation to the highs is probable,
Points to consider,
- Price Action Impulsive
- Local S/R Support
- Range High Resistance
- Low Volume
CHZUSDT’s immediate price action is impulsive, holding a key level as support, allowing for a bullish bias.
The Range High is the immediate resistance, 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,CHZUSDT 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
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?