$BTC Dropped Down again and LONG Setup for $105K Price level ✨ BINANCE:BTCUSDT Dropped Down again and LONG Setup for $105K Price level area see on chart...
MicroStrategy's Saylor Pitches $600 Million Bitcoin Buy to Jeff Bezos, Coming, SHIB Burns Jump 936%:Crypto News Digest by U.Today. Bitcoin Santa rally' buyers step in to drive BTC price to FWB:98K and Bitcoin (BTC) passed $98,000 after the Dec.
24 Wall Street open as "large spot buyers" lifted deflated BTC price action.The latest data from monitoring resource CoinGlass put 24-hour BTC short liquidations at nearly $40 million at the time of writing, with the cross-crypto total at $150 million. "Nice strength in bitcoin today," fellow analytics account Bitcoindata21 continued alongside a chart showing necessary volume-weight average price (VWAP) levels to reclaim next.
Santa rally talk returns as BTC price gains $5,000 Data from Cointelegraph Markets Pro and TradingView showed BTCUSD hitting new local highs of $98,020 on Bitstamp. Up by more than 3% on the day, Bitcoin attracted fresh bids after a shaky start to the week saw a retest of December lows.
"Yesterday, Bitcoin showed some signs of a relief rally after which price was rejected to almost new lows. Today, Bitcoin is rebounding yet again and once again into the old support," he wrote. "Overall, as long as the previously lost supports turn into new resistance additional downside should be expected. Conversely, a reclaim of these previously lost supports would obviously be bullish."
Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not available for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment.
Priceaction-signal
TSLA - Get Ready To Long Again...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈TSLA has been trading within a big symmetrical triangle marked in blue.
Moreover, it is retesting a strong support zone around $200 round number marked in green.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue trendline.
📚 As per my trading style:
As #TSLA approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC - Bearish Pressure Ahead!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 As per our latest analysis, BTC has rejected the $50,000 - $52,000 support zone and has been trading higher since then.
However...
BTC is currently approaching the upper bound of the red channel.
Thus, for the bulls to remain in control, a break above the upper red trendline is needed. In this case, a movement towards the $70,000 resistance would be expected.
Meanwhile, BTC would be bearish medium-term and can still reject the red trendline for one more leg down.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
LINK - Bullish Control Soon...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈After rejecting the $20 round number, LINK has been in a correction phase in the shape of a falling channel marked in orange.
Currently, LINK is hovering around a strong structure, support and round number $10.
🏹 Once the orange channel is broken to the upside, we will expect the next bullish phase to start leading to a movement towards the $20 mark again.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
GBPUSD - Bearish Soon...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 As per my last analysis, GBPUSD rejected the lower bound of the medium-term trendline and traded higher.
What's next?
GBPUSD is currently hovering around the upper bound of the green and orange channels.
Moreover, it is retesting a weekly major high marked in blue.
🏹 Thus, the highlighted green circle is a strong area to look for sell setups as it is the intersection of the trendlines and major high.
📚 As per my trading style:
As #GBPUSD is hovering around the circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
AUDCHF - Trading The Box 📦Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 AUDCHF has been overall bullish, trading within the rising channel in red.
Currently, AUDCHF is approaching the upper bound of the channel acting as a non-horizontal resistance.
Moreover, it is retesting a strong resistance zone at 0.585 marked in green.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the green resistance and upper red trendline.
📚 As per my trading style:
As #AUDCHF approaches the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
USDCHF - Wait For The Bears 🐻Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on Weekly: Left Chart
USDCHF has been trading within a defined range and is presently showing resistance. Consequently, we will be focusing on identifying sell setups on lower timeframes.
on H1: Right Chart
For bearish momentum to prevail and trigger our sell setup, a break below the recently highlighted grayed low is necessary.
Meanwhile, USDCHF would be bullish and can still trade higher to test the weekly resistance again. In this case we will be looking for new sell setups.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
GBP/USDLooking at the market in daily time frames.. we can see waves moving as we predicted. I am looking forward to wave 3 ending, seeing an ABC correction, and then seeing a higher number for wave 5.
Also, I'm bullish on GBP/USD in the long term .. any downward movement is a chance to get on the train ..but remember, this market is all about probability. It's good to be confident but not too confident to get blind by your Ego.
Leave your comment and thoughts.
EUR/NZDFor today I'm looking at EUE/NZD .. price is moving in a trading range. I'm looking at the price and waiting for a signal to enter sell positions .. breaking RSI dynamic line, or make a candle pattern .. that's what I'm looking for, and following a price to support zone.
Remember, money management and risk management. That's the only way to win in this game.
Ps. Leave your comment and thoughts.
AUDCAD my suitable area for sellThe supply area ahead is very attractive to me.
I will wait for the price reaction to this strong area and enter a sell position with appropriate confirmations
As you can see, the exit of powerful candles from the order block area shows the strength and importance of this area
GBPCHF - Looking For Sell Setups ⬇️ Again!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
GBPCHF is stuck inside a range in the shape of a symmetrical triangle so we have been trading the range as per my last three analysis (attached on the chart)
Now GBPCHF is sitting around the upper trendline again, so we will be looking for sell setups.
Moreover, the blue zone is a strong supply zone.
🏹 So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the blue resistance and upper orange trendline. (acting as non-horizontal resistance)
As per my trading style:
As GBPCHF is sitting around the purple circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
EURUSD - Trend-Following Buy Setup 🎯Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
EURUSD is overall bullish trading inside the flat channel in red.
Moreover, the zone 1.06 is a support zone .
🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue support and lower brown trendline.
As per my trading style:
As EURUSD approaches the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
XAUUSDStill, the same long-term perspective on gold as I mentioned in my last gold long-term analysis
I was looking for a rebound and a bull run to the upside which happened previously, however, it is just a correction in my point of view for the main event and the primary meltdown on gold...
As I am monitoring the current bull run on gold in the lower time frames I'm also looking for the potential key levels for the big run to the downside which for now is 1930 as I highlighted in the chart however it is possible to see the rejection sooner around 1875
XAUUSD Long-Term Perspective
BTCUSDLooking for a rebound on BTC for the weeks ahead to create one last bullish drive to the upside to 24500 or 26300 which depends on the current BTC rebound as highlighted with arrows
Then creating an opportunity around the area for the big bearish run all the way to the origin of the current bull run or even creating a new low on BTC
BTC Long-Term Perspective
EURUSDAfter testing the price ceiling and inability to break the ceiling, it will enter the downward trend and move towards the bottom of the sideway range.
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Rising on EURUSDThe Friday's news had a big impact as we saw an impulse rise that continues right now.
A break of the previous high destroys selling opportunities and signals further rising.
Current levels are not suitable for trades. We need to see a correction before looking for new entries.
This way we will have a good ratio, aiming for a break of 1.0713 and heading towards 1.0800!
EURUSD before NFPYesterday we saw another drop to the previous bottom at 1,0518. An important news is coming up today, so be careful.
Job data is published every first Friday of the month. The news has tremendous impact on the market so we must be prepared.
We expect the downside move to continue towards next target at 1,0440.
It is possible to see enormous fluctuations and corrections during the news.
The idea is spoil on a break out of 1,0635.
Expecting another drop in EURUSDAfter the drop yesterday we saw a correction to 61,8 on the previous movement.
From these levels we will watch for another drop and break out of 1,0518.
Not direct sales are aimed, but a signal from a candle and entry confirmation.
Upon a break out on the previous low the goal will be 1,044.
AUDCAD: Morning Scalping 🇦🇺🇨🇦
I spotted a nice scalping setup on AUDCAD pair.
The price reached a confluence zone based on a horizontal key level and 0.5 retracement.
A double top formation was formed on that on 1H time frame.
Its neckline is already broken.
The pair may drop now.
Goals: 0.915 / 91.2
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Drop on EURUSD We expect a drop on EURUSD in the last active trading week.
The movement has already started on Friday after the news.
The first target we expect to reach is 1,0518.
Further corrections are possible and the SL remains above 1,0735.
Take profits and high volatility are possible at the end of the week.