Hello friends! I've seen your interest on my previous BINANCE:TOMOUSDT analysis and wanted to keep you updated on the lower TF. As my account is young, I have only 7 points of reputation, I cannot add pictures to my comments. So I decided to just put this in a new post. As I've mentioned previously, we've hit the Entrance zone at $1 and went back up to...
In this analysis I want to talk about Bitcoin's bearish triangle pattern that has been unfolding itself over the last few weeks. I'm not sure whether BTC still has a bullish move in it, but when it does, we are ready. As always with trading, it's a matter of > . If Bitcoin decides to move up, we will enter a short from the top resistance which has...
I've been fairly bearish since BTC failed to break through the top resistance of the channel a couple of weeks ago. However, BTC's price action this week seems promising at the very least, so we have to consider different outcomes at the very least. My anticipation for the coming week is that we're going to retest the top purple resistance. We will get some...
Here is my latest structure analysis for FX:EURUSD . I'll let the market for the next move, if the market become successful breaking the support @1.07809 it may change its pattern and continue to flow bearish. Alternative Scenarios: the market tests the support and continue to move bullish, and if this happens the market may continue to move @1.10585 and...
QNT has been trading inside a bearish triangle pattern since September last year. With the most recent break out below the bottom support area, bears are more likely to step into a bearish bet. I'm waiting for the price to make a new local low, a daily close below 89.9 will do the trick. We don't want to be trading a fake out! Target at the 2022 lows.
2020-21 felt a lot like 99-00 1. Inflated valuations 2. Record high IPOs 3. Retail participation Do we see the same cycle again?
This analysis is based on the idea that STG could be trading inside a bullish parallel channel. I copied the top resistance and placed it at the bottom. This trade requires a lot of patience, but can have a massive pay-off with some luck. Looking for a move all the way up towards the top of the channel.
Recently I made an analysis on BTC's bearish triangle and the short-entry I was hoping for. The original resistance that I drew (yellow) has not been hit yet, but instead the purple line has proven to be a strong resistance. Support/resistance lines, especially diagonal ones, can be fluid, so I drew the triangle again. I'm waiting for the price to reach below...
After bouncing off the bottom support, Bitcoin seems to have regained short-term bullish momentum. In this analysis I want to discuss the potential H&S pattern that BTC is forming in the near term. My longer-term view is still bearish, but that doesn't mean we can't get a bounce here and there. In my eyes, there is a potential for BTC to move further up. The odds...
Over a month ago I made an analysis on MANA where I went in detail on this trade. Basically, this falling wedge trade has the potential to be a portfolio defining trade with a risk-reward almost 100. As of this week, the trade has been entered. This is a long-term trade with a run-time of likely over 1 year. Patience is key with this trade. My overall view of...
According to the price action and the price patterns ,finally gold will buy .gold created a triple bottom and it will made a huge rejection to the upside till 1935 . if the gold breaks 1935 then the target is 1945 /50 range.on other hand if gold breaks bellow 1915 it will lead gold to move to the hell(1881). But pattern structure will not able to do that.i...
OMXSTO:XMR waiting for a double breakout, entry loading????? OMXSTO:XMR inverse H&S pattern loading inside a triangle pattern. If the market breaks the neckline and the resistance of the triangle pattern we can expect more to the upside. Keep an eye on this. This will be a huge thing near future if the above mentioned scenarios happened.
✅AUD_USD was trading in an Opening wedge pattern but Then made a breakout which Combined with the fast that the Pair is in the downtrend makes Us bearish biased and we are Expecting a bearish continuation SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
With the market seeing a lot of weakness lately, I'm starting to look at more bearish trading opportunities. In recent analyses I've stated multiple times that my expectation for the remainder of 2023 is bearish. With BTC falling, it's likely that alts will follow. In this analysis I'm looking at SOL's rising wedge formation that also functions as a potential...
📊 Pattern: Symmetric Triangle 📌 Symbol/Asset: Goldiam International 🔍 Description: Stock at pattern's strong support 👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
As of a few days ago, GMX has successfully bounced from the bottom support of the falling wedge pattern. With BTC trading sideways, it's likely that alts will see a surge because money flows away from sideways price action. I'm looking at the top resistance of the pattern as a short-term target. Pattern is still bearish, so we're keeping our target close.
🧠By observing the chart, I discovered one of my favorite PA models, and the RSI trading system also gave a long signal. And the wedge support line is strong enough, and I still firmly believe that liquidity is needed as fuel before falling. HOLD👀
✔️Such a PA model also appeared in ETH, and the RSI trading system also gave a long signal at the same time. SL can be placed in 1622. If you don’t know this model, I will make a tutorial and publish it later. 💕Follow me to learn more trading tips💯