Considering the structure of audjpy, the market looks bullish in a lower time frame but, scaling upward to 4H and Daily time frame, it is clearly showing that the bullish pattern is mainly to take off the liquidity gap in between the prices. Considering a trendline analysis as well, the market shows a downward pattern with 3-4 confirmations on the trendline....
In this video: * I review the altcoins that I am seeing look attractive at this point * I discuss strategy in entering back into the market * Dollar cost average in * Don't put all of your trade cash into any one crypto or exchange * Why some altcoins are looking especially attractive
Dmart retracing from trendline Making Morning star candle stick pattern daily time frame breaking out triangle taking support RSI 40 taken daily time frame previous swing high support
In this video: Low Cap Altcoin Analysis Mid Cap Altcoin Analysis Ethereum appears to be slightly biased bullish Bitcoin and Bitcoin Dominance is not telling us much
In this video: Bitcoin price action analysis What I think future price action looks like We could touch as low as 52k before mooning Diamond hands
In this video: Another update of our overall crypto market space and where we stand What do the altcoins look like What are our leaders BTC and ETH telling us about future price movement BLUF = neutral/bullish on most; turning bearish on some
In this video: A little housekeeping first Subscriber benefits Upcoming work and benefits for subs, including podcast material. Long term crypto with 35% staking rewards Coming soon... more "how-to's" A run-through of all the crypto charts today Analysis on current crypto market sentiment BLUF = Still bullish over all but right on the edge for...
Sometimes if you wanna get the excitement going then you're gonna have to go down first and this is the case with XRP, we all know that the market is bullish but it's been stuck in a range for quite sometime and this is why we seem to be forming a channel corrective structure, therefore, there's a huge chance we may see the market head down to around 70 cents...
Okay so following my last post yesterday which you can see below, bitcoin has accelerated quicker than i thought and that has changed the whole outlook, which means we could be on track for a deeper correction that will take us all the way to $52K. We do have enough momentum to reach $56K today and we can expect the market to take a breather as midweek approaches,...
Ethereum has finally broken the structure level i identified in my last update (which you can see below), so now what next? Well, i think we can expect a pullback which is a normal thing if you understand price action an structure. We can look to go long at around 3700
Day trading, if you missed yesterday's trade then you should be disappointed in yourself and if you miss this one then i don't know for you!!! Just buy it and end the week with a smile! This is a combination of price action and my day trading strategy on GBPUSD
I decided to use the same headline as I did when I made the same analysis as the one I did back in February 2020 when I predicted bitcoin going down to 5k before rising to 65k. Well, the market has just formed a similar type of structure and I could see the market repeating the same move again.
Btc has been in a minor consolidating since the drop we had yesterday after the market completed a head an shoulders but now we are a structure level and we can expect the giant to wake up and head towards the previous structure high!
I expect dinner or drinks at least! This is one of the very few structures that are as close to a guarantee as possible and the good thing is the market just showed you exactly how it's going to behave just before forming this structure! Look left, structure leaves clues!
Structure, structure, structure!!! Do you have any idea how much the market loves structure?? It's almost like it can never get enough of it and bitcoin looks to be turning back to structure again but this might be the last time it returns to previous structure because after that we can expect the market to resume it's uptrend and break the previous high.
Hello traders, I totally forgot about the congressional meeting with Powell and Yellen.. That and the debt ceiling talk completely spooked traders. VIX jumped up to 24 by 10pm EST.. nothing says uncertainty like that. It's been a little tough to gauge the direction of the market the past few days, but I'd like to share a little insight. Let's break it down: - ...
Although I primarily trade US securities, I've recently been educating myself on the importance of looking into different markets and seeing how their sentiment flows into the US trading time periods. I focus more on London trading right now as I have limited time and London trading overlaps into the US trading period. * So, in summary, I've recently begun to...
BUY ENTRY: 14.32 EUR TARGET: 16.46 EUR (15% profit) STOP: 13.32 EUR Hensoldt is a German manufacturer of search, detection, navigation, guidance, aeronautical and nautical systems and instruments. 1.) Hensoldt could get some impetus on the upward trend line. 2.) Hensoldt receives order for the German Armed Forces reconnaissance system Pegasus 3.) The board of...