Long-term
CBAY LongAnalysis of the CBAY instrument and the possibility of its future movement relative to price ranges.
lONG TERMWAVEWS/USDT
have in down trend ıt wıll have to start a new trend lıne to going up
it will be start in buy zone
TRON - TRX - Double bottom - Position - Long-termA double bottom is formed following a single rounding bottom pattern which can also be the first sign of a potential reversal. Rounding bottom patterns will typically occur at the end of an extended bearish trend. The double bottom formation constructed from two consecutive rounding bottoms can also infer that investors are following the security to capitalize on its last push lower toward a support level. A double bottom will typically indicate a bullish reversal which provides an opportunity for investors to obtain profits from a bullish rally. After a double bottom, common trading strategies include long positions that will profit from a rising security price.
$TRON $TRX
The Money MAKERMKR saw a huge rise in May 2021 followed by a sharp fall due to the market conditions at the time. Ever since, it has failed to get close to making a new ATH. It is currently trading just above one of its long-term support lines and will be testing its long-term resistance (black line) over the coming days. The volume being traded is low so MKR will only break through the resistance if there is good momentum. Until then I believe it will hold above its support and continue to trade close to it.
In the event that there is enough volume to break the resistance, a strong bullish wave may form with potential mid to long-term targets marked on the chart.
Please note that this is not financial advice and I am not a financial advisor. All ideas are for educational purposes only :)
Please feel free to comment with your thoughts and ideas!
Predictable targets for Bitcoin in long termThe trend line is the bitcoin uptrend line in the weekly timeframe, which has broken down. Of course, this failure is not substantial, and the red arrow indicates that the trading volume of the red candlesticks was below the 10-day average. So we can hope that candles and volume will not confirm the break of the trend line. Also, on the Ichimoku indicator, we have the support line of SinkoSpan A, which may prevent prices from falling below $ 46,000. But if this trend line is broken down, the next target will be the support of 29,000, and in case of possible failure, the strong support will be 20,000.
Also, the diameter of the Ichimoku cloud indicates a slow decline in the price and sideways trend of bitcoins. With this, until the bitcoin price stabilizes, there is no recommendation for long positions on cryptocurrencies.
Channel your inner CHILIZCHZ is trading near the bottom of this channel where there is long-term support. For it to move upward it needs to clear the key resistance levels marked by the fibs (mainly the 38.2 and 61.8) and the upper channel trend line.
Please note I am not a financial advisor and this is not financial advice. All charts are for educational purposes only! :)
EURUSD Broke ResistanceLooks like the long term resistance is broken and its only a matter of time that we start seeing the target prices. I suspect eventually we shall see 1.5900 area. This is long term and I see it as bullish now. Therefore I would be trading the short term, ignoring shorts and looking for nothing but long entries.
Doge EYEING 0.36 USD???Might be a little bit too early to tell because the setup is not complete in my eyes in the HTFs except the daily.
Why am I saying this??
On the monthly TF, we can see that price has been forming lower lows, clearing SSL the past few months. From that, yes we can time our buys as the market rebalances or retraces into the monthly OB. But for those planning on holding their coins, this way might not be ideal for them. All I'm trying to say is, how long is this buy going play out? Is it the one we can use to see price form higher highs, after months of plummeting??
Well I'd like to see this few scenarios unfold first, to be more confident about it.
1. For now on the Monthly TF, I expect to see price move into the monthly OB or even the resistance area, around 0.19194000 and then retrace.
2. On the Weekly TF, I want to see price purge through the previous swing high, that is where I believe the buy stops are residing or buyside liquidity.
3. After clearing the weekly swing high or BSL, i want to see price then retrace back prior or after entering the OB at 0.26597000 .
After all of this has occurred, I will then expect future higher prices clearing previous highs.
Please feel free to correct where I am wrong, I'm still learning..
Ohh, the reason I said that the daily is showing a change in the market structure is because we can see that there is a break of the market structure that occured days ago when price purged through a previous swing high retrace then moved up..
$ORCL - Caught At Demand$ORCL has substantially cooled off after releasing a stellar earnings report, dropping a whopping 15%.
We currently sit at a demand zone for the company, with an additional level of support underneath.
This presents us with an awesome opportunity to long an awesome company at a deep discount, with little to no downside.