Monthly BTC chart I analyzed a lot of fractals and came to the conclusion that you see on the chart now, that the next month - May as well as April will be red for bitcoin, and only after that growth is possible. Be objective bitcoin has been growing for 7 months, now the first month will be red, and most likely the next month will also be red.
It may be hard for altcoins, but keep your bags tight if you have good entry points.
Keep researching the market, there are many promising projects and directions AI, RWA, DePin, GameFi, DEX Derivatives, Social, and others
When the market is red, it's time to learn
All the trades I show in my portfolio are updated using the API
We are 16 months away from the end of the bull market
If the post gets 100 likes I will post a more detailed chart of the current correction
Best regards EXCAVO
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Montly
EUR/CHF BEAUTIFUL MONTLY SITUATION This currency is currently sitting on a good historical zone. Not only that, we also have some good confluences that can also help us determine the future price direction.
Confluences:
1.Price is currently testing a historical zone
Every time price action get to this zone makes a rejection.
2.Also we have a M pattern
After a M pattern we can expect a correction to the neckline.
3.Also price is over extended
When price is over extended we can expect a correction.
With this 3 confluences we get to the conclusion that the price is ready to make a retracement to the M pattern neckline
Be advised
This educational analysis is for price direction only, for entries you have to use your own strategy in lower time frames to minimize risk.
If you have any question please be free to ask me.
THANK YOU FOR YOUR SUPPORT
AUD/CHF MONTLY ANALYSIS We can expect the price to make a correction. The reason why it is because the price is over extended. Also the price made a triple top which is currently getting rejected. We can expect the price to make the correction to the .50 Fibonacci level because it is in confluence with structure.
Thank you so much for the support. I hope you learn and enjoy this free analysis.
BTCUSDT broke 4h bullish flag 🦐 BTCUSDT broke 4h bullish flag, and now the price wants to test the monthly dynamic trendline.
IF the price will break the monthly trendline and daily resistance, According to Plancton's strategy, we can set a nice order
Weekly
Monthly
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
TUR on monthly equals yuckNot showing it on this chart but monthly clearly shows double top pattern that trap a lot of bull on its recovery from GFC to the end of QE, well supposedly around the time the Fed was thought to end its easy money policy. Yes it can be debated about a when where and how would be achieve by the Federal Reserve. Charts are setting up beautiful, trade headlines and geo-political risk are still up on this Country. Watch the USDTRY for clues. Shorting this should be simple except for the fact we don't know what forces are at play nor how trade policy will move forward. Keep your risk low and defined watch the 4Hr trend until that changes. Expect a test of 22 before moving lower in my opinion.
AUD/USD Monthly Analysis The AUD/USD Monthly chart is something I have been watching for a little while.
I have been very bearish with many of the Aussie pairs on both a fundamental and technical level for some time, so it is no surprise that the AUD/USD has taken a skydive since July 2014.
Although I don't trade the monthly chart I am cognizant of the approach and then the break and close below the bullish trend line.
As price has now broke and closed below .7532 I am looking at the first support level between .6982 and .6772.
If price can respect this support level I will then be looking to narrow down an entry point on the lower time frames.
I will be looking to update this post in the coming weeks as price enters this first key support area.
Have a good week in the markets.
www.UKForexSignals.com
High Probability Trade Idea --- Breaking Multi-Year Highs ---Great trade opportunity spotted by PKA on tradingview
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RSI and MACD are both breaking 3 year highs on price action breakout.
From backtesting we know this often produces very explosive moves.
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Suggested stop loss in $23-24 area
XAGUSD in a monthly resistance, breakout = bullish continuationXAGUSD (Silver/ US Dollar) it's struggling in a monthly resistance at this moment, overall this pair has been bullish since 2010 so I would like to see it breaking out that resistance, re-testing it and then continuing its' bullish trend.
We'll see what happens.
Any comments?