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Projection

MEGA MEGA IMPORTANT Weekly CHARTSeveral Key points of Historical Support and Resistances to be aware of I believe we can find support around the weekly neckline of the potential future Head and Shoulders... BUT I also believe the Market Makers enjoy pushing the envelope of "market pain" sometimes to initiate as much liquidity as they can, in order to accumulate before letting the market go back up. Forgive my use of Heikin Ashi averaging candles, but I like to analyze the averaged perspective on the high TFs (Timeframes). I have to simplify things with my ADHD sometimes. LOL There is plenty of fear in this range for the paper-handed, over-leveraged margin newbs, and whales love to take advantage of that available liquidity. In all truth, if the price falls from here, or if the H&S plays out, we can still come down as low as 37.4k and 34.8k and still recover just fine after that, according to historical price SR... Our latest wick was close to the weekly 55 SMA (thicker blue line) I also circled the Macro Fib areas of interest in green. The other key thing I noticed on the Oscillators are the following: - RSI+BB = RSI crossed the plot line turning it Red on the first HA (Heikin Ashi) Doji - MCB-VWAP = (yellow line) started crossing below the zero line on that same candle - These indications started around 4 and 3/4 weeks ago - Also notice where my bear Cross indicator popped... Even when I look at the long TFs I still sometimes lack the confidence to spot and project a watchful eye on things like this, with regard to the oscillators and their confluence with the HA candles. Analysis is ALWAYS a never ending growing process...
COINBASE:BTCUSD
by CryptDude
DERO outlookHere we can see an ascending wedge and a head and shoulders pattern. At this moment we can also see that the price action is currently retesting the parallel channel and wedge. All options in this charts are still valid while it still can go both ways. If the parallel channel gets broken, close above and an impulsive move up, off course retrace lvls. are invalidated. If we will see a move down to the retrace lvls, the projection, expansion and extension lvls. for exiting probably will need some slight adjusting. Either way... no decisive moves as of yet. A little explanation on the projection lvls. downwards. A textbook head and shoulders downwards projection would be from head to neckline, now I have seen numerous variations on them, for example the same distance from head to neckline taken from the top right shoulder downwards. In some instances the length would be cut in half due to choppy price action and wicks. 1 to 3 are the more realistic buy-ins and 4 to 7 are the more highly likely lvls.! However this will pan out, we have several options to tackle this one, so choose one or two and be covered either way ;) Happy trading.
DLong
by rarekind
SHIBA INU / USD LONG VIEW PROJECTION | VOLUME IS GROWING FAST..Welcome back Traders, Investors, and Community! Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. Have a Good Day Trading !
COINBASE:SHIBUSDLong
by FOREXN1
17
Potential Sharks However...XAUUSD Potential Outcomes.... Price is sitting in a strong daily supply zone and is breaking structure to the downside on the LTF, However the USD is still falling giving gold strength, because of rising inflation this could push Gold higher and if gold breaks the daily demand I will be then looking for retest and buys. Normally this would be a high probability set up for a sell but because of the situation with the USD anything can happen, as you saw the other day, so right now I'm sitting back and waiting for golds next move. (We also have USD news today) Whats your thoughts?
OANDA:XAUUSD
by benalistarfx
1
$Tel Looking like it's ready to pop!!🚀Tel is clearly operating in a symmetrical triangle on the 5 Day time frame. One my conservative targets for $tel long-term is .43 cents. Coincidentally that target is right in line with the fib 1.1618 level (Golden Ratio) MACD selling pressure is starting to decreasing by pinkish histograms, which is a very good thing! The MACD line is also crossing from below the signal line which is another sign of bullish momentum. OBV tells me that people have been steady accumulating $tel as well. $Tel looks like it could pop very soon,... hope you got your bags packed soon. Lift off is soon!!
Long
by Nick.TkgProfits
10
$Tel is Prime to Make a Run!!! 🏃🚀💰With the recent correction, and "flash crash" **cough** timed manipulation tactic by whales that sank prices recently. $Tel is still on pace to reach $1. Within this new Andrews' Pitchfork Model $Tel would need to end up in that top area of blue upper channel to reach a price range of $1.50+ Which is my opinion isn't possible, but what i do think will happen is that it will breach the bottom of that blue upper channel which is $1-1.10 $Tel has been consolidating for such a long time that i think it blows past the previous ATH and doesn't look back. The worse case scenario for $tel in this new model, is that the price action ends up in the blue lower channel (which i believe is highly unlikely imo), and $tel is sitting around $.10-.20 by the end of this bull run. Which i think ends in sometime in the middle of DEC based on history. What is more than likely to happen by the middle of dec is that $Tel ends up in the median green (bottom or top), or just breach the upper blue channel. This means $Tel by the end of this bull run could s still sit around a price range of $.60 - $1. 10 Overall, There is nothing to worry about when it comes to $Tel. It's One of the Healthiest chart's I've seen, Trust me it will perform! $Tel is bound to make a run, and when it runs there's no looking back!
Long
by Nick.TkgProfits
11
Donchian Zig-Zag -- Dynamic Support and ResistanceI have came accross this indicator called "Donchian Zig-Zag" and have paid close attention to its behaviour. There are some strategies that I have developed with it, but I would rather not share them just yet. I think overall, this indicator is fairly decent, and it can yield high returns when used properly. At this current point of time, my views on this situation we have right here on the 4HR are the following: - Price is going to reach near the Zig-Zag, and it's going to form an order block as a higher low before going to our supply zone. - However, if price gets rejected, we have to prepare our shorting scenario, as we are only speaking of probablities. These projections are not set in stone, and none will be. Hope you found this useful. Take care, and DYOR!
Long
by LazarthFX
🦴 $Shib Consolidating inside of Symmetrical triangleOn the 3-day time frame $Shib is clearly consolidating inside of Symmetrical triangle. My expectation is a bullish break to the upside and a breakout target of 0.00001666. Shib is currently bearish, another possibility if $Shib remains bearish is a break to the downside as well. With us basically on the brink of October. I do believe it can flip bullish and then breakout out of consolidation to the upside. Just be patient and hodl Doge army!
by Nick.TkgProfits
5
Signal: EURGBP (1H), SHORT 📉Good afternoon, traders! We got a projection for you. Let's get right into it: We will be entering this trade, only if we see a nice, clean streak of green candles, going all the way back to the EP. 💱 SELL LIMIT: - Stop Loss (SL) = ~0.85828 - Entry Point (EP) = ~0.85631 - Take Profit (TP) = ~0.85346 Positive evidence: ✔️ Breakout @ ~0.85631 (at a significant S&R zone). ✔️ Retracement @ ~0.85346 (at a significant S&R zone). ✔️ EMA (50) @ above candlesticks; between EP & SL. ✔️ EMA (200) @ above EMA (50). ✔️ Clean streak of red candles, going all the way down to the point of retracement (with the exception of one green). Negatives: ❌ No overall downtrend. In our opinion, the positives are greater than the negatives. Remember: if, at any point before price hits the EP (1H timeframe), we see a decent-sized red candle form, this projection is no longer valid. Did this help you? Please let us know, in the comment section, so that we can provide you with better tips, in the future. “My mission is to help you see forex for what it is: it’s not ‘rocket science,’ but a simple strategy game. Get on the ‘good side’ of probability, develop the proper mindset, and you will prosper.” — Nio Pomilia, Forex Free Press
Short
by ForexFP
BTCUSD - 2013 vs 2021 - Similar or not?Hi guys, back with another Bitcoin publication after a couple of months of inactivity. Not because nothing happened, but because my previous analysis is still valid. Anyway, I thought I'd make a comparison between the 2013 and 2021 bull markets, as it is striking how similar they are. Let's start with sharing a screenshot of the 2013 bull run, some annotations that are important are made on the chart: Now let's put the 2021 bull cycle next to it, including annotations : Now let's see what are the similarities : Halving occured before previous ATH was broken No immediate effect after the halving, only a few weeks after Hardly any hesitation when breaking above previous ATH Rise to the 1.618 reverse fib extension without much troubles Decline to the 1.272 extension and bounce to the upside There are some differences too : The 2013 bull run took less time We did not break above the 1.618 fib yet in 2021 ❓ So why does the bull run take more time? The most obvious explanation is that the market has matured compared to 2013, we have BTC futures now that can temper price movement and overall I think people are a bit more cautious as well. ❓ What will happen IF we break above the 1.618 fib? If we break above that fib level, and history repeats itself, then a rally to the 2.272 fib, just like in 2013 would not be out of the ordinary. In case that happens, we'd see a high of around 200k USD. 💡 If and when we'll see that is the question, history doesn't always repeat itself, but if often rhymes. As to the when (in case it does happen of course), my best guess is that it would be in Q2 2022 .. But ... this is Bitcoin ... so anything can happen. 🤯 👦🏽Now it's your turn. What do you think of this analysis/comparison and what are your predictions? 💌 Share your thoughts in the comments below. Oh, and if you like this publication ... you know what to do 👍🏽 Thanks for reading! Constructive feedback always welcome! PS : if you found this interesting, you might want to have a look at my other publications below as well.
Editors' picks
COINBASE:BTCUSD
by Nico.Muselle
175
Kin hitting $0.003 at end of 2021 bull run!Crypto family this is just a possible pattern we could take if Kin decides to hit a peak target price of $0.003 at end of this bull cycle. As we know, Kin is beautifully following Bitcoin as are many other platforms going into this bull peak. Of course, this is just my projection if we are only going to reach a target high of $0.003 value for Kin at end of the year. I believe we could go higher but for the sake of simplicity, I am just showing this chart as an example. We are currently in a triangle pattern and looking bullish for an upside breakout.
FTX:KINUSDLong
by altcoinb
26
NQ GeometryAll these lines and angles are based on the small circle up top and the horizontal vector that it creates. I picked the Nasdaq futures instead of cash because I was too far into the analysis when I realized it. Not going to make a huge difference since the Nasdaq is truly a harmonic structure through and through. The blue line projects out long-term starting from now. That is all. -Pigonometry101 FRED:NASDAQ100 TVC:IXIC TVC:NDX CURRENCYCOM:US100 TVC:SPX CURRENCYCOM:US500
CME_MINI:NQ1!
by UnknownUnicorn5511258
4