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Multitimeframeanalysis

USDJPY - Weak Divergence + Potential H&S @ M Resistance - MTFA*** Trade at your own risk! *** *** Not every idea is also traded by us *** Hi Traders! In the following you'll see a Multiple Timeframe Analysis. It includes a screenshot and afterwards some bullet points. Monthly TF: - We had an Uptrend - Followed by an Triangle (Continuation) Pattern - The market broke out of the Trendline and made a bullish movement - Now, it reached the monthly Resistance - Down-Movement expected - Up movement in the Future is possible after the Down-Movement which would be the Pullback then --> Down-Movement expected Weekly TF: - We can see the Up-Movements with its higher Highs and higher Lows - It built some weekly Support Levels throughout its journey - Now reached the monthly Resistance - Down-Movement expected towards a Support (also possible to not reach any weekly supports. In this case it would turn the down-movement anywhere and would make a higher Low) --> Down-Movement expected Daily TF: - We here can see a potential Head & Shoulders Pattern --> Trend Change - We also see a weak bearish Divergence if we look at the RSI Oscillator --> Down-Movement expected H4-TF: - Trading Possibility: Wait for the next Pullback to enter H1 TF: - How can a Pullback occur? --> Potentiall when TL breaks If you have any questions, another POV or anything else to share, feel free to do so! Thanks and successful Trading :-)!
Short
by swissmoneymakers
BTC/USDT : We can't be sure we are in the bottom yet ! BINANCE:BTCUSDT Hello everyone 😃 Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it ! #BTC has reached $35500 and we warned about the drop earlier... Now it's time to discuss about our possible bottom. With five factors I believe that it's the time to fill our bags and get ready for any early rally around 15th February. - Reaching into liquidity pool where that institutional buyers make their moves and start catching the bottom. 📌 We had the same fractal on 22nd June, We had a huge buying volume into only 3 addresses ! - Untouched NPOCs standing at $43800 on daily timeframe which are needs to be swept before any major leg-down below $29000. 📌 POCs have much similarities like CME's gaps; 94.6% of them get swept... - Reaching FIB's 12.5% level, Which can act as an potential support in HTF's range zone. 📌 There's a located range from $64887 (April's high) to $29150 (May's low); You can that FIB levels shows the impact into Mid-term movements : - Reaching into Bitcoin production cost price's cloud , Which was a historically great zone to add your bids for long-term run. 📌 Production cost price is a root value of the product. (I'll talk about it more and further in below contents) - Forming bullish CME's gap into weekend; It'll resulted into bullish reversal pivot to fill the gap. 📌 Just like the POCs I mentioned above; 87.8% of gaps get filled... 📚 Let's have dipper talks into data and at the end I would point out my major direction and major dates ! Think about any product/goods you can see in your life, there are two types of prices. 1/ Production cost price: It is the root value of the product. Factories take time/energy/labor/materials... to complete a product then they just sell to commercial/trading companies. This is normally fixed and does not change in a long period. 2/ Market price: It is the result that commercial/trading companies just sell to end-users. Depending on the types of products, the market price can change frequently. In terms of Bitcoin, which is called a New Gold or a new Ponzi or whatever... What are you seeing in Binance or Coinbase or CME and ... is Market Price. In this market, the volatility is big. Everyone here knows it is manipulated with the combination of Fear/Fomo, Liquidity, Fud/Good News/ Futures/ Leverage manipulation... You are a trader. You work like commercial/trading companies, also you are an end-user. Market price fluctuation can give you profit or loss. So, what is the root value of Bitcoin? Key words: Mining Industry/ Miners/ Electricity cost/ Production cost... Bitcoin is a product. The production cost does not change much in a cycle. After each halving, difficulty increases, production cost will increase. That makes bitcoin special/valuable in long run. Market price fluctuate frequently. In a cycle, Bear or bull, It tends to approach the value of production costs. No Miners, No bitcoin. This is the root value of this product. For current context in this cycle, Electricity cost is 20k (Electricity only) Production cost is 29-34k ( total cost of electricity/labor/factory..) If you buy #BTC below production cost, It can say you buy cheap BTC. In history of Bitcoin, there are only 3 times BTC touched below production cost. Buying below production cost => Investing Buying above production cost => Trading 📑 Conclusion : I would set two potential entry for investing and trading, $35000 and $32500 (Two mentioned zone on the chart). I would set my invalidation below $29000 as a bullish breaker and ending point for any further leg-up ! Also I'm going to point that In my prediction; I won't expect any major leg-up till 10th February or later... It's better to follow your portfolio as BTC's maximalist, But any recommendation for ALTs should be based on BTC's movement. - In any case of breaking above $55750; I would set my ladder to claim $85000 or higher in long-term. Hope you enjoyed the content I created, You can support us with your likes and comments ! Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
by Helical_Trades
65
BTC/USDT : All possible strategies to maximize your profit ! BINANCE:BTCUSDT Hello everyone 😃 Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it ! So folks, I'm going to share the most possible scenarios for #BTC and market's movement. 📚 There're three strategies to follow into these scenarios : - There'll be an opportunity to take LONG on Bitcoin after confirming the breakout with a proper retest on the edge ! This could be a 13% profit rally into the higher Supply at +$43000. 📌 In this scenario you have to watch for $39600 as well; There's a local hidden resistance and it could cut the bullish wave. So you can wait for the $39600's hold above and enter LONG on other pairs as well. - The second opportunity will be owned by bears; There's an opportunity to take SHORT and targeting the NPOC at $33400. Also we can have the taste from $41250 too ! 📌 In this scenario, You have to wait for the rejection into mentioned zone/line. Then you can take SHORT on other pairs as well. - The third and the last strategy you can use is to wait for a rejection on the current trendline or the supply zone into 30Min's TF. In any terms of rejection you can SHORT #BTC and target $35500. In any terms of rejection below $35760; You can aim for $33400 and lower, Also you can SHORT other pairs as well ! 📌 We have the possibility for this massive rejection neither... Almost 10% of active traders went off because of Lunar new year; And so the majority is with the Asian traders whom have more potential bearishness than other sessions. So I would add the possibility into my strategy book for next days, Also have o mention that this scenario can get reactivated after a reject on $39600's hidden resistance ! 📍 In this term, For other pairs bearish confirmation; You have to wait for the rejection below $35760 to take SHORT on them. 📑 For further information in lower time-frames; You can use the chart below : Hope you enjoyed the content I created, You can support us with your likes and comments ! Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
by Helical_Trades
74
THANGAMAYL (NSE) Thangamayil Jewellery Limited - Going to moon ?~Thangamayil Jewellery Limited is a jewellery company, which is involved in the gold and silver, and precious metals. ~The company is engaged in the business of gold jewellery, diamond and silver articles. ~The company offers its customers a range of ornaments across several product lines. ~ It primarily deals with four product lines: gold, silver, diamonds and platinum. ~The company's jewellery products include bangles, bracelets, rings, coins, articles, dinner sets, earrings, pendants, necklace, malai, silver anklets, silver jewellery and chains. ~The company conducts its business under the house name Thangamayil Jewellery. It also offers various savings schemes to its customers wishing to invest in gold jeweller for the long run. ~The company operates a chain of retail Jewellery showrooms across the Indian - state of Tamil Nadu. Its branches are located in Madurai, Rajapalayam, Ramnad, Udumalpet, Theni, Tuticorin, Cumbum, Palani, Villupuram, Sivakasi, Karaikudi and Eral, among others.
NSE:THANGAMAYLLong
by Peaceful-Weekend-Investing
USDCAD - Down Movement on most TFs expected - MTFA*** Trade at your own risk! *** *** Not every idea is also traded by us *** Hi Traders! In the following you'll see a Multiple Timeframe Analysis. It includes a screenshot and afterwards some bullet points. Monthly TF: - Price was in a Downtrend --> Big Direction - Then it pulled back --> Healthy for a Trend - A consolidation started --> Ready to for a change - It made a double Top --> shows rejection for higher prices --> Break of Support + Downmovement is expected Weekly TF: - Price was moving down - It respected a descending TL - It broke out of the TL - It makes a Pullback of Down-movement Two Possibilities: 1) Break of Trendline Buyers will probably loose their strongest structure for now. Sellers will probably get a bias to sell. --> Downmovement 2) Break of Resistance Sellers will probably get weak. Price shows that it respects higher prices. Daily TF: - Break of daily Support - Successful Retest is finished --> Break of ascending TL expected --> Down-movement expected H4-TF: - Market pulled back to retest the Breakout - It went down a bit and made a Shooting Star Candle - This Shooting Star shows Rejection for higher Prices --> Down-movement expected If you have any questions, another Point of View or anything else to share, don't hesitate to comment! Thanks and successful Trading :-)!
Short
by swissmoneymakers
CHFJPY - Multitimeframe AnalysisCJ is looking good for shorts. We have multiple confluences for it as explained in the video. Summary: Monthly Timeframe: - Price has just run up higher filled in a Fair Value Gap perfectly. It seems to be reversing from here. Weekly Timeframe: - We have an unmitigated Orderblock. Since this orderblock was a "Sell to Buy", means that the selling positions from Smart Money are currently in extreme minus positions, and they will want to reprice lower to mitigate out of their minus positions. Daily Timeframe: - We are creating SMT Divergence with its correlated pair - EURJPY. This means that CHFJPY went higher to run out the buy stops and made higher highs, will EJ is creating lower highs. CJ will most likely distribute to then run lower. - Price has just reacted off a Daily Bearish Breaker Block, which should push price lower. - Huge Imbalance FVG Gap. Price will come back to fill it as fast as possible. - Massive Consolidation. Below these consolidations, there are lots of sell stops that will get taken out. H2 Timeframe: - Potential Sell POI. Valid Orderblock + Breaker that also caused the last low to get broken to the downside (Break in Market Structure - BMS). - We have a Bearish Trendline that has three beautiful touches. Everyone that already is in Shorts from the trendline will get liquidated at the next mitigation of the Trendline up into the OB + Breaker and sell off further from there.
Short
by Bastianelton
2