Eigen/UsdtBINANCE:EIGENUSDT
🚨 **Current Price**: **3.345**
If the price holds around **3.345**, the next resistance levels could be:
💥 **3.800** – A key level to watch for potential selling pressure.
💥 **4.132** – If it breaks **3.800**, this could be the next target for upward movement.
However, if the price doesn't hold and drops, watch these support levels:
⚡ **2.500** – A possible level where the price might find some stability.
⚡ **2.433** – If it falls below **2.500**, this could be the next support zone.
📉 **Explanation**:
- If the price stays above **3.345**, it's a sign of strength, and we could see it move higher towards **3.800** and **4.132**.
- If it drops below **3.345**, the price might test those support levels, with **2.500** and **2.433** being key areas for a possible reversal.
⚠️ **Just my thoughts, not financial advice!** Always do your own research before making any decisions! 📈💡
Lovefortrading
June W.5: Medium-term trend signal!Hi friends, I hope y'all had a fantastic weekend and are ready to finish this month strong ;)
Today, we have 2 possible sell trades on this baby. Last week I shared a trade idea on this instrument and we missed the trade, however, the price didn't reach our take profit point which that gave us another opportunity to catch the bearish trend. This trend is derived from the monthly that is in the huge bullish half a bats level 2 formation that will either bearish bounce off or break the 8 m.a that hasn't been retested for 4-5 months to confirm the trend-continuation. So we looking forward to taking a counter-trend trade, but there are 2 possible scenarios that will determine in getting the trades or not.
Bulls: -If the price forms a bullish reversal pattern that leads it to bullish break and retest the Daily H&S Neckline 2 together with the 50 and bullish short-term m.a's, that will dis-confirm both trades.
Bears: -If the price bullish bounces of the Weekly Neckline 3/Daily H&S Neckline 2, 50 and 8 m.a's with a bearish reversal candle or pattern close, that will either trigger what I call an "H&S A-E.3 SELL signal or H&S B-E.1 SELL signal". That's the first trade signal. For the second trade signal, after the price has trigger the first trade and proceeds to drop and break and retest the 1st Daily Ke Lvl, that will trigger what I call an "H&S B-E.2 SELL signal" that will lead to a 2 level drop to the last take profit point. That drop will form a big double top on the weekly, and it be visible on the monthly as a mini reversal pattern.
That's it for today. I hope you found value in this trade idea. If you have a different concept in mind, feel free to share it in the comments section or in private, I'd love to know your thoughts!
Stay Blessed,
Doji-2k1.
BTC Crash continues, EOY prediction might be a futile dreamMany projected 100k before End of the Year(EOY) and neglect the fact that an heavy loaded Horse can't be compared to a Cheetah.
The projection was right but the Bears race to cut down buyers is also very important, Those most significant sell side liquidities need to be cleared before we can think of any possible 100k Move.
NB: Educational use only.
Thanks.
HF.
WTI CRUDE: Inverted Correlations with USD/CADHi Guys,
Oil started a downtrend when Jamal Khasshoggi was assassinated. It bottomed at 42 on the 24th of December.
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. CozzamaraDaZena is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
USD/CAD: Inverted Corretlations with OilHi Guys,
USD/CAD started an uptrend when Jamal Khashoggi was assassinated. It topped when Oil bottomed at 42 on the 24th of December.
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
GOLD: Follow upHi Guys,
this is a follow up of yesterday's post.
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.