ETH - What's next ?#ETH/USDT #Analysis
Description
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+ ETH has been trading within a range for over 2 months now.
+ The highest price reached was around $2800, and the lowest was in the $2100 range.
+ Currently, the price is in a downtrend, heading towards the support zone around the $2200 level.
+ We can expect an immediate reversal from the $2200 range.
+ This seems to be the final downtrend for ETH, and once it bounces from the support, we can anticipate it reaching the resistance zone and potentially breaking out with ease.
+ Let's see how this scenario unfolds.
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Enhance, Trade, Grow
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VectorAlgo
LONG
EURUSD The Target Is UP! BUY!
My dear followers,
This is my opinion on the EURUSD next move:
The asset is approaching an important pivot point 1.0807
Bias - Bullish
Safe Stop Loss - 1.0748
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.0902
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
EURCHF: Bullish Continuation & Long Trade
EURCHF
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long EURCHF
Entry Point - 1.9351
Stop Loss - 1.9330
Take Profit - 1.9393
Our Risk - 1%
Start protection of your profits from lower levels
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EURAUD Will Explode! BUY!
My dear followers,
I analysed this chart on EURAUD and concluded the following:
The market is trading on 1.6192 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.6240
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
USOIL What Next? BUY!
My dear followers,
I analysed this chart on USOIL and concluded the following:
The market is trading on 68.78 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probableBullish continuation.
Target - 71.64
Safe Stop Loss - 67.44
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
21/10/24 Weekly outlook (day late)Last weeks high: $69,001.51
Last weeks low: $62,475.70
Midpoint: $65,738.60
Bit of a different weekly outlook this week as I couldn't post yesterday. So with the benefit of hindsight it looks like we have a swing fail pattern in the making after taking the liquidity from the $69,000 ('21 ATH) level.
I would say judging by the chart I would want the downside to be capped at the Midpoint, continuing the trend pattern of higher highs and higher lows. The '21 ATH has been the biggest hurdle for BTC over the last 7 months with repetitive rejections, if the lows can keep creeping up then eventually we should get a spring above and that should be the move for an ATH run which should happen soon after if all goes well.
Naturally we have ever increasing outside interference with the US election just around the corner, we know this is likely to cause volatility so be careful of that. Prediction markets like Polymarket have Trump as favourite, he is the pro bitcoin candidate so it should be a positive for the space if he were to be elected but you never quite know what will happen until it's confirmed.
This week I want to see BTC continuing to make higher lows and higher highs. Altcoins have cooled off a little too after the initial BTC burst up from $60,000 so I'm looking for opportunities there too.
SPX500USD Will Grow! Long!
Please, check our technical outlook for SPX500USD.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 5,849.9.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 5,898.0 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
NZDCHF Will Go Up! Buy!
Please, check our technical outlook for NZDCHF.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 0.523.
Taking into consideration the structure & trend analysis, I believe that the market will reach 0.536 level soon.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
NASDAQ Is Approaching A Decent SupportHey Traders, in today's trading session we are monitoring NAS100 for a buying opportunity around 20230 zone, NASDAQ is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 20230 support and resistance area.
Trade safe, Joe.
$SPX Today's closing price is importantHey traders! As shown on the chart, we are inside of my TS Contraction Pattern, we also have my elliott wave count.
If we close below 1st Validation level today, I'm going short.
Closing my short if we close above the invalidation level today or later on, so consider that as a stoploss
EURGBP Expected Growth! BUY!
My dear subscribers,
EURGBP looks like it will make a good move, and here are the details:
The market is trading on 0.8334 pivot level.
Bias - Bullish
My Stop Loss - 0.8324
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.8355
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
EURCHF On The Rise! BUY!
My dear friends,
Please, find my technical outlook for EURCHF below:
The price is coiling around a solid key level - 0.9373
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 0.9390
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
GBPUSD Trading Opportunity! BUY!
My dear friends,
My technical analysis for GBPUSD is below:
The market is trading on 1.3000 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.3029
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK