Get started

Marketstructure

BTC Pump Incoming?!?!With recent news of SEC telling Coinbase to halt ALT coin trading except BTC im thinking a BTC dominated pump is incoming as recent news lines up perfectly with BTC daily chart aswell as BTC Dom chart We can see that BTC Dom HTF's Daily and weekly are faily bottomed and look ready for a move up. While at the same time BTC daily chart is bottomed aswell and been stretching this range out which the timing of CB vs SEC couldnt of come at a more perfect time.. coincidence ? maybe or maybe not ;) hint hint.... (Phycology and reverse phycology are just as important as TA) - 1st key area to look for as BTC potential pump incoming 0.5 FIB ATH to Nov low + bottom on MS 32,675 - 32,990 - 2nd area to watch for Daily swing june 15-july 13 1st upside FIB target 34,0458 - 3rd area to watch for Red Line - current trend line were under Purple box = market structure at 35,880 Fib line 35,687 - 4th area to watch for Daily swing june 15-july 13 2nd upside FIB target + CME gap 37,163 - 37,684 - 5th area to watch for Weekly Swing Nov 21- July 13 1st upside FIB 38,671 and 0.618 FIB 38,978 from ATH to recent Nov low Definitely watch areas 1,3,4 for top out struggle bus areas I myself personally am thinking 35,687 with possible wick up on HTF to 37,684 for that CME gap as top but we will see as retail panic buying can cause one major pump or vice versa
INDEX:BTCUSD
by Wen2TradeOfficial
2
$TWTR -'X' FLEX- NYSE:TWTR (X) occurred on a Monthly Resistance Trendline being broken-out TA speaking. Well, fundamentally didn't go as well. The recent name change wiped out a lofty 4$Billon Dollars and more the size of it on Brand Value. It's a mix in between TA and Fundementals from here. Still sitting on the sidelines aiming for TP1 and more long term. Buying shares(investing) or longing derivatives from here is quite Risky. The confirmation of Resistance Trendline Breakout alone can be enough for someone. However, entry here requires at least a Stop Loss of 10% ; and that's only the recent Higher Low from the current uptrend break-out Market Structure. More confirmations ahead to the *D (CHoCH) awaiting how price will perform. Looking for Entry aiming at TP levels at Wave C correction from impulse(breakout uptrend) Patience is Wealth. TRADE SAFE ! *** Note that this is not Financial Advice. Please do your own research and consult your own Financial Advisor before considering partaking on any trading activity based solely on this Idea.
NYSE:TWTRLong
by Mr_J__fx
GBPUSD - Trend-Following Buy Setup ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. GBPUSD has been overall bullish trading inside the rising channel in blue, and it is currently retesting the lower trendline. Moreover, the zone 1.270 is a strong support. 🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue demand and lower blue trendline. As per my trading style: As GBPUSD is sitting around the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
11
TOMMY XAU | BASIC MARKET STRUCTURE Good afternoon gold gang! Thought id jump on here to talk to you about basic market structure, as its the basis for any strategy and super important to learn. We can identify that the market moves 3 ways .. up trend down trend sideways (consolidation) I prefer to trade when the market is trending in either direction. I determine this by looking at the monthly and weekly candles. In a trending market, i am looking to identify areas that the market can reverse from. If we are making a higher high for example .. I can identify that price is likely to pull back down to the key level it started its ascent from. From there i can wait for confirmations on the lower time frame to take a trade in the direction of the trend. obviously this doesnt work everytime .. news etc .. but its always good to have it in the back of your mind the phase of the market you are currently in. you will find with my strategy .. that price will make new structure points around my key levels ( the ones i place on my chart) Hope this helps some of you out .. back to basics is sometimes the way to go if you are getting overwhelmed with information Have a great sunday and see you tonight for the outlook tommy
OANDA:XAUUSDEducation
by tommyXAU
2
| BTCUSD | BULLISH INDICATORS IN THE SHORT AND LONGER TERM!!Good day all. BTC is currently showing many bullish signals along side the BTC spot ETF news, which is currently in regulatory review but has more or less been approved by the SEC. This news alone is revolutionary for the market, however, we have not seen close to the gains one would expect out of this news. some would say it is due to the the XRP win over the SEC which has taken all the hype from this statement, however, I do believe this is accurate to an extent, but there are other forces at play here. I do feel the asset class is being suppressed for accumulative purposes, which in turn will eventually result in a spring effect which can result in the prices reaching highs of 50k plus in the weeks to come. I would like to jump into some technical to add extra confluence to the topic at hand. The 30k level has shown to be a strong point of resistance of of late, however, this level is primed for a breakout to the bulls as we have found a clear formation of a cup and handle. Cup and handle: The pattern is currently primed for a breakout as we have found a lower time frame flag formation (bullish) at the tail end of the handle which generally is a great sign for a potential breakout. if this prediction comes to light we should see a generous move to the upside aided by the additional news as of late which strengthens the case. short term levels can find itself retesting or even breaking the 35k mark in the days that follow the breakout. Longer term predictions can result in the 45k level of resistance being tested before a major retracement is found. EMAs: I am using the 18 and 100 EMA indicators for my analysis. As you can see the 18 has just crossed over which is a great signs for the bulls as it signals a trend reversal from consolidations into an uptrend which also falls in line with the cup and handle as well as the ETF news. There is growing suspicion in the market at the market regarding the consolidation of price during such a pivotal time the Crypto history, however, one can only speculate the reason. All i can see from my opinion is the market is properly primed and ready for a break as the narrative has shifted so suddenly. Thank you for your time here today, please feel free to like and comment if you found this article helpful to add extra confluence to your existing analysis. be safe and enjoy the bull market while it lasts.
COINBASE:BTCUSDLong
by Crisp_Flow