Pairs on Watch - GBPCHF NZDUSD EURUSD A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
All timeframes are overbought There is a pattern on M15 This is with the H4 trend 50 pip stop loss
LINK has recently touched the bottom purple support again. After 4 touches, this support seems to be an important level for traders. To optimize our entry, we're going to wait for the price to touch the support again in the coming weeks. With a stop below the recent fear-low and a target around the current all-time high we can construct a very decently bullish...
Hello everyone! Bitcoin is currently displaying the '3 Market Phases,' and we’re transitioning from Contraction into Expansion. As long as the price holds above the lower boundary of the horizontal channel, I believe there’s a strong likelihood of continued upward momentum. Key points: Break below the channel: A breakdown could signal the beginning of...
TAO has been forming a bullish head & shoulders pattern over the last couple of months. The pattern is still not complete, so be patient for it to complete. If you're confident that this pattern will play out and the market will reverse, take a look at the higher risk trade I put on the right. Tighter stop, so higher potential profit!
This analysis is a follow-up on my previous ID post. As of this week, ID has successfully touched the bottom support and reversed from it. Too early to tell whether this is a long-term bottom, but at least the support held strong. If you were ever considering to buy ID, this is the time.
In this analysis I want to take a closer look at the state of the market. ATOM Was a decent performing token in the previous cycle, but it sadly failed to impress investors this cycle. Most striking is that ATOM is one of the few alts which has actually made a new bear-market low. This token has never entered a bullish phase like most tokens did and has basically...
In this analysis I want to take a look at the BTC_ATHDRAWDOWN indicator, which tells us how much percent BTC is trading under the current all-time high. Every time that BTC makes a new all-time high this indicator reaches a value of 1. As seen on the chart, BTC has seen a lot of big drops during bull-markets. Most of these drops have reached the yellow area...
There is a pattern on M15 All timeframes are overbought with double tops This is with the daily trend stop loss is 40 pips
In this analysis I want to come back to an analysis I made back in March and June this year. I talked about my Logarithmic Price Bands indicator and how it has successfully predicted a BTC top around in the yellow band. Over two months after the analysis, the price has fallen through the yellow price band again. It's looking like BTC is losing upward...
In previous ETH analyses I talked about this huge 8 year wedge pattern on the ETH chart. Where my initial takes were bullish, we've seen a bearish break out as of last week. From a neutral point of view, this is 100% bad news. ETH will likely fall more and move towards the 1000$-1500$ area (yellow). Might be a hot take, but most alts have been performing...
Hello,Traders! GBP-JPY is trading in an Uptrend and the pair has Formed a bullish triangle Pattern so IF we see a Confirmed bullish breakout Then a further bullish Continuation is to be expected Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
BYBIT:DOP1USDT Dop1 is currently trading at $0.003317 and is forming an inverted head and shoulders pattern, which is often interpreted as a bullish reversal signal. In this pattern, the current price is at a critical resistance zone. If the price successfully holds at this level and breaks through, the next resistance targets to watch are $0.00399 and...
SOL has been trading inside this triangle pattern since practically forever. I'm not calling for a bearish move here, I'm only sharing my view from where I will enter if we continue to go down. The bottom support has been holding on 4 seperate ocassions, my assumption is that it requires a lot of power to fall through, since bulls will be buying from...
Gold is trading at KEY AREAS. It is currently in a key RESISTANCE box/level with an ascending trend line supporting the bottom of the candles, which helps to present LONG opportunities. For LONG opportunities i'd like to see XAUUSD break the key RESISTANCE LEVEL, or bounce on the ascending trend line where it would then look to retest the resistance zone. For...
ETH has been trading inside this channel for over two years now. After the recent touch of the support, the support has solidified itself even further. Note that the support is a more clear-cut line, while the resistance is more an area. Another touch of the bottom support would potentially be great news for the bulls, hence the signal on the chart. Seeing that...
In this analysis I want to take a look at the bullish channel that BTC has been trading in for around 3 weeks. The bottom support and top resistance are perfectly matchin price action, so my guess is that a lot of traders are looking at this set-up. I anticipate that BTC will reverse from this point. Unless the stock markets break down, the chart is clearly...
In this analysis I want to take a closer look at Bitcoin's current bull-cycle and compare it with the previous cycles. I count from December 2011 onwards. As seen on the chart, the first cycle (yellow) is an outlier in both duration and growth. We will likely never experience something like that again. The most interesting cycles to compare the current cycle to...