The chart currently displays a rising wedge pattern on BITSTAMP:BTCUSD , a configuration often preceding a bearish reversal. Despite the recent price decline, the market trend is still upward, and prices are consolidating within the expected range. Currently, the price is positioned in the middle of the wedge's range, indicating a neutral stance. Traders should...
There is a symmetrical triangle formation on 30 Mins chart of godrej properties. Triangle can breakout above or below the respective trend lines. Wait for the candle to breakout and close above or below trend lines. This will be very short term trade and should be completed in one or two trading sessions. Breakout level above = 1400 Breakout level below =...
Dear Friends This is a new update from the Last analysis in 4H. Neutral Zone and descending trend line in daily and 4H. wait for any breakout to down or up and I think we can find the best movements in the new year and next week.
SO, in regards to the 4 hour post and to further confirm the slight standstill, the 1 hour chart shows long wicks against the roof. In all honesty, beating that while being fresh out of the RSI seems rather difficult if there is no huge momentum going on. I suggest playing it safe on the option side of things and entering in accordingly such as finding verified...
$SE is being supported by COVID-19 lows AVWAP (Aug 17, 2020) and rejected by ATH AVWAP (Oct 19, 2021). Until we break either AVWAP, I will be neutral and wait for some movement. I do like the stock long term in my Roth IRA, so I will be slowly adding shares if it goes near or retests the support AVWAP. As mentioned in my $BTC chart, I do believe that the bottom is...
CME_MINI:NQH2022 - PR High: 15732.75 - PR Low: 15671.00 Evening Stats (As of 11:40 PM) - Gap: = N/A - Session Open ATR: 336.27 - Volume: 32k - Open Int: 211k - Trend Grade: Neutral - From ATH: -6.0% (Rounded) Key Levels (Rounded - Think of these as a range) - Long: 16391 - Mid: 15819 - Short: 15247 Keep in mind this is not speculation or a prediction. Only...
I'd like to say that this will be an easy pennant / bull flag continuation rip up, but I'm not attempting any EXACT predictions here. It could very well in fact be time for consolidation. Not financial advice.
Hello guys, hope you are doing well. Welcome to today's market analysis as a part of "Aglogains - Daily Trade series". Ethereum is stuck in a range between 3200 - 2900 for the last 2 days, it looks like the market is consolidating here for a while given the fundamental news (US Infrastructure Bill) and other market factors. Here are the two scenarios that...
For this analysis to be legit is needed bullish close and touch at least to 28K. If that happens rally continues and everything goes like planned. If not then S2F,RainbowChartBTC will fail, we have support at 20K and still a trendline in some-way. Crypto will be less volatile in the future so every scary 50% drop is 100% profit chance, seems great right ? It's...
I'm observing LTC here as it has decisions to make. Either down, up or sideways. Speaking with fellow traders whom's opinions I respect and have more experience than I have. I've been warned that LTC seems to like to fake out. Thus I'm neutral on this and it definitely isn't a call . I'm not going to let the bullish signs of reversal I see put me in a long bias...
EURNZD looks amazing for buy and for sell at the moment. We have to be careful here because, every wrong mindset can take a part of our stake. As a trader, your job is to ignore your hopes and picture you are looking at first moment, but focus on facts and find all kinds of data we learned in Elitefxacademy educational program. In this case, we have to know that...
Sbux, as you can see is still in a very bullish price action range. It has fell to a critical level in my opinion, it has to hold this range and move upwards, that would signify some good strength towards the next resistance and support zones. We could see a run up until earnings. This upcoming week will be critical to determine if the trend is changing.
AUD/NZD setup triangle chart pattern setting buy orders at both potentials and removing the other when one is hit as the chats indecisive
The Market is Neutral ..likely to range for while between 2960 and 2780 ...with a bullish outlook for the next 6 months till the RSI confirmation .. if SPX and ES close today bellow 2800 then I'm short on it till 2650'sh level ... the lowest risk way to make money for now is playing price action on hourly bases . "there is time to go long time to go short and...
Hello Traders Today looking at EURGBP we see too possible directions as always. We currently sit at a resistance level of 0.88000 Price can push up from here Price can retrace to 0.87 and then begin climbing from there So what seems more likely? Not sure. 0.87 has been a great support/resistance level on weekly, but as has 0.88. So I'll leave you, with...
Watch for the pattern to play out and then for an eventual break-- downside long term, indifferent if pattern fills. as this level may be a nice time to consolidate and drop premium prices... Again, bearish overall.
Here is the situation that resembles gold and silver. It is early to speak of a complete negativity, only a loss of power in the positive region. The RSI channel is in a strong image. It's a little early for the short. There are new hills up there. I need at least stochrsi's approval for the long. I think the bottom of the middle band for the short position. This...
So guys, here's the weekly outlook of Canadian/Swiss Franc. The structure tells us that price is contained in the channel, so this confirms that the next leg is gonna be bullish one and then so on...