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Price-action

EURUSD HTF Price Action Analysis(Monthly)Hello Everyone First of all, this one is for educational purposes and definitely not for trading or any sort of investment advice, therefore it's only an analysis. Since this is a monthly chart, you can clearly see Eur is still in a downtrend and the recent retest of the supply zone clearly shows bears are in control and the price stuck in a huge range. If the quarterly demand area can't hold the sell-pressure. Next target of the sellers would be the lows i've marked on the chart. And if it doesn't provide enough buying liquidity, next support is also marked on the chart. In order to create a bullish signal, buyers need to push the price above the orange area and should reclaim this area with a retest at least for couple weeks to give an impression of now the buyers are in control. Although, since Eur is a currency, others factors such as inflation/cpi and dxy should be taken into account in order to make an assumption.
by Stravios
BTC Potential for next year 2022. So previously on my Twitter, I called the top where i did indeed take a sell position, but never the less looking more in depth into the coin. We can see what I saw the last time BTC dropped from 55k to 30k just on a bigger timeframe. I am referring to the fact we have a Trendline which is currently being either tested or broken around the 47k-52k mark. As you can clearly see we have created a pin bar candle just in between the 20 and 50 day ema followed along by a straight bearish candle which shows no upside wick. That gives me an indication we could easily retract to the top of this candle giving hope for the trend line but i do strongly see rejections followed @ 52924.50 where shorts will be taken down easily to 19666.00. Once we reach my target i do potentially see BTC as a healthy market and i look to invest monthly into it as a growing asset.
BITSTAMP:BTCUSDShort
by CIAN0_0
1
Price Action : Cardano, Where is the best zone to buy?Identify Cardano : ADA Market Caps: 50B (6th globally) The long-term trend is an uptrend when the price makes a high, higher than the previous high. Price peaked at: 3,085 USD (According to Binance) and is trending back So where will the price go? According to my method, the price will go to 2 places, the old top or the old bottom. Currently, the price has broken the old peak (area 2.3 - 2.47) and has returned to retest 2 times and succeeded. It is predicted that the price will go to the previous strong buy zone and then continue to rise in the big uptrend. Potential buy zone is 1.03 - 1.16 USD
Long
by fxtactix
5
Review BitcoinLocal triple bottom structure is promising, with no more fud this week I believe we've just witnessed a local bottom 👀 I hold BTC and tend to believe that you also hold it, if I am wrong - it's time to buy.If $58k support is lost, bulls are no more in control and we'll see some distribution or accumulation in $54k - $58k flat zone. If $54k level is broken, bears are in control and I'll sell my crypto. Note that it doesn't mean I have a stop loss just below this level! A fakeout is always possible and it would be absolutely stupid to place a stop loss a bit below support! I hope this dump didn't affect you too much, don't fall for emotions!
by softcoflix
11
DeGRAM | EURUSD forecast for the week. Pullback from 1.142The instrument is still in a bearish mood, the sellers dominate the market. After consolidating under the strongest support at 1.162, the price falls to the lower border of the descending channel and just there the old support level from June 2020 - 1.142 passes, but the price stopped at the level, we see a slowdown in movement and a decrease in intraday volatility. On the distributive movement, the price at the end of the week approaches a strong zone, I do not think there is energy to continue the movement, I assume a false breakout and a price rollback to the nearest resistance at 1.1523 ------------------- Share your opinion in the comments and support the idea with Like. Thanks for your support!
Long
by DeGRAM
3