ATOM COSMOS INVERSE HEAD AND SHOULDERS!! 10% PUMP INCOMING!!Looking at QNT and Matic which have found their bottom its seems like we are getting a bit of relief rally in other altcoins. I have noticed a few with an inverse head and shoulders Pattern. Matic also had one and it played out. Possible 10% profit if it plays out with ATOM. No financial advise though :) It will be better confirmed if we get above $13.089 and use it as support. If this plays out I will be taking profit around $14.00.
Patterntrading
USDJPY - FURTHER JPY WILL STRONG OR NOT ? WHAT'S GOING ON UJ?#USDJPY
- USDJPY is currently selling. The reason for this is the intervention of the BANK OF JAPAN for the JPY. With US ECONOMIC DATA being POSITIVE, UJ BUY was very good until last week. And FED UPDATES were very POSITIVE. So JPY went down automatically in previous days. But with the intervention of the BANK OF JAPAN, there is now a very good demand for YEN in the market.
- At the moment, the MARKET is taking a bit of RISK OFF, that's why the JPY is going up. According to the USDJPY ANALYSIS we gave earlier, the USDJPY UPSIDE WAVE is going UP around 110 ++ PIPS. I hope you get it. It went down very fast before our TARGET.
- There is definitely a high chance that USDJPY will go UP a bit more and move to 145.91 LEVEL. The reason for that is because the MARKETS RISK OFF is already happening, so it can happen. After that, the USDJPY price can break the TREND LINE and go up to 140.71 LEVEL. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
EURUSD - CURRENT SENTIMENT ANALYSE , DXY #EURUSD
- Currently, the market sentiment for EUR is slightly on the DOWN SIDE. The main reason for that is because of the FOMC MEETING held yesterday. Due to MARKET RISK OFF yesterday, all MARKETS including STOCKS and COMMODITIES were slightly DOWN. If more rate hikes happen, it will definitely affect the US dollar in a big way to strengthen it.
- Definitely, according to the market structure, EURUSD can go down to the support level below. There is currently a DOWN SIDE BIAS in the MARKET for EUR. Accordingly, EURUSD can go down to 0.9703 LEVEL. And after that, if the MAIN CHANNEL is BREAKED, the EURUSD PRICE can be BUY to the 1.0340 LEVEL, if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP. So keep an eye on it.
GBPJPY - FUNDAMENTALS WITH SECHNICAL BIAS#GBPJPY
- According to the GBPJPY analysis we gave the previous day, the GBPJPY DOWN SIDE WAVE went very well. The reason for that was FUNDAMENTALLY STRONG JPY and STRONG MARKET SENTIMENT. XXXJPY has been selling very fast since last week.
- JPY has become somewhat STRONG as VIX is slightly UP. Due to this, STOCKS and XXXJPY CURRENCY were slightly SELL. GBPJPY also SELL because of that. But now there is a RISK OFF BIAS. So GJ can still be SELL.
- Currently GBPJPY LONG TERM can move up to the LEVEL 164.70. Also, if GBPJPY STRUCTURE BRAKE, it can move up to 149.09 LEVEL. Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT.
Inverse Head and Shoulders Pattern in USDCHFThe inverse head and shoulders pattern is confirmed in USD/CHF. It seems the dollar will continue to gain against Franc.
Based on the pattern's height, the price target is 1.03
ADBE bullish hammer on daily sick tradeADBE bullish hammer on daily sick trade. Technically gap and go, but see how ADBE made gap and goes that didn't go twice through the downtrend, why wouldn't it do the same again?! Stop loss under monthly MA 100, take profit on daily MA 100. Play it wide. I mean, look at this volume.
📉✌XAUUSD Short & Long Position ✌📈OANDA:XAUUSD
FOREXCOM:XAUUSD
Hello traders, first look at my previous analysis and positions on ETHUSDT & BTCUSDT & EURUSD.
Just don't forget to risk-free your position.
The optimum stop-loss is on the chart.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
ETHEREUM PERSONAL ANALYSIS IN THE SHORT TERM (MINOTAURS!?!?) The total evaluation for the Ethereum asset is bearish. Please be mindful of the risks you are taking, managing these risks are absolute number 1 priority and the second one is your risk tolerance. A lot of people are really good at calculating, but they are either too much of a wuss or too much of rooster so keep yourself in check always. Be neutral.
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Data shows for ETH from the charts has a great projection point towards the 1720$ region where it will be rejected to a maximum of 1800$ on the weekly 20 DAY moving average. I expect further upside after a backtest around 1,580-1,620$ for proper market structure purposes and to serve as a 2nd entry point for those that have not joined the miniscule trend change.
Take note that the SP500 and the NASDAQ are on their retracement potentials since they are now sitting on the previous support we had months ago for a probable double bottom, but it will be rejected after a temporary upside retracement touching the 20 day moving average before plummeting through the 2021 support.
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Probabilities of ETH reaching price points based on market structure, fundamentals and sentiment:
ETH has a 80% chance to reach 1,680$ with a 20% chance of a re-test down to 1,520-1,580$
ETH has a 65% chance to reach 1,720$ via volume splurge with a 35% of re-testing the previous support, 1,580-1,620$, same failure rate.
ETH has a 35% chance of reaching 1,800$-1,820$ without re-tests and 65% chance of re-testing 1,680$-1,720$ after visiting that level. This works the same odds with failure rate.
ETH has a 20% chance of reaching 1,920$ without re-tests and a 80% chance of a price failure or re-test of lower levels.
ETH has a 10% chance of reaching 2,080$ without re-tests and a 90% chance of a price failure or re-test of lower levels.
ETH has a 1% chance of reaching 2,200-2,400$ without re-tests via manipulation pump and a 99% chance of distribution (sell wall).
Probabilities are gathered statistically on the basis of 1H-8H Candles dating back since 2021 for better context.
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EURUSDHello dear friends
The price is currently within a 20-year range, from this range, a reaction can be expected.
According to the descending wedge pattern at the end of the downward trend and the positive divergence of the RSI , if the $1.00133 range is completely consumed in the current trend, there is a high possibility of forming an upward trend similar to the drawn scenario.