Potential BTC Short Between around 30.3k and 30.8k are some fresh resistance levels that are yet to be hit.
If price comes into this box with the criteria frp, listed I will take a short risking 1%-2% of my entire account.
*1hr money flow (Red/green oscillator
waves) coming down and crossing the 0 line
*1hr momentum creating a divergence (Blue
oscillator waves)
*1hr vwap (Yellow line on oscillator) curving down
to ward the 0 line.
*12min and down momentum divergence
*12min and down moneyflow coming down
Tp 1 - Value area high at 28870
Tp 2 - point of control at 28000
Tp 3 - Value area low at 26900
Leave the rest to ride
Range
BTCUSD 1D 26/04/2023Currently, on the daily timeframe chart, we are within a bullish range that ranges from 26,679 to 31,170, with the latter being the liquidity point of the range. We can also see that the price reacted to the first supply zone ranging from 27,590 to 26,689, and the mitigation of this zone could indicate that we can look for new bullish ranges in favor of the daily trend in lower timeframes to position ourselves in the movement towards the liquidity point of the daily range.
XAUUSD 1H 25/04/2023Currently, in the one-hour chart, we are within a bearish range that spans from 2011 to 1969, with the latter being the range's liquidity point in this time frame. We notice that the price did not close above the first gray zone, which ranges from 1998 to 1989, so if the price returns to this area, we could expect a bearish reaction. On the other hand, if the price touches our second zone, ranging from 2008 to 2005, without performing a pullback, we could look for a bearish reaction to liquidate the range.
24/04/23 Weekly outlookLast weeks high: $30480.8
Last weeks low: $28770.3
Midpoint: $27059.7
Last week BTC erased the previous 2 weeks worth of progress and finished the week at just above the 27k mark, considerably under the 1H 200EMA.
The question is where does BTC find support? I've mentioned previously that the 25.2k area is an area I'm keeping my eye on, I would like to see it retested with a convincing and strong reaction off that level to really confirm that we've broken out of the previous range from thew 15k lows to 25k that we were stuck in for nearly a year. However, this would break bullish price structure and print a new lower high.
I would like to build longs around that 25.2k area if it were to get that strong reaction. until then BTC is in limbo and not really showing any obvious direction to me.
GBP-AUD Breakout From The Range! Buy!
Hello,Traders!
GBP-AUD is trading in an
Uptrend and the pair was
Consolidating in a horizontal
Range pattern but now
We are seeing a bullish
Breakout which is confirmed
So I think that we will see
A further move up
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
Place your bets on this Nasdaq 100 consolidationThe QQQ is the chart of the week heading into a very busy earnings week where many of the largest components will report numbers.
The spring is coiled and wound up and it's ripe for a breakout in either direction. One big continuation pattern in the direction of the YTD rally, or is this the top before the next leg down? Place your bets!
NZDUSD: Daily Bullish Engulfing with Hidden Bullish DivergenceNZDUSD still looks like it would rather Break Bullishly out of this Range than Bearishly and right now it has Bullishly Engulfed on the Daily and has Continued to Build it's MACD Hidden Bullish Divergence; if we could gather enough energy to rally up to and break the Bullish Dragon Trigger Line, I not only think it would make the 0.886 retrace of the range but i also think it would have quite a good chance of breaking out fully from the range and going for new highs.
USDJPY short term ideaHere you see a short term idea on USDJPY based on our most recent shift in the market, now this idea is not our overall bias for this pair but an idea that could offer a short term trade.
of course if we break pas this area of supply shown we are watching the range to play us higher into the supply from our 8 hour swing, if we do play lower from the area shown then il be looking to take a low entry trade into some of our unmitigated price action below.
not holding my breath for this one but thought it was worth a share for any eagle eyed traders at market open.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
$LINK Accumulation Range
Crypto and a fave of mine, Chainlink .
$LINK has been in a range for almost a year. With crypto in general moving up in Q1 of this year this is one to watch.
There is a diagonal resistance from Aug 2020 on the horizon. Diagonals over a long period are ones to watch and a flip here could see buyers rush in.
This is probably a good place to accumulate but if you want to wait for a breakout to trade, you have two areas:
1. The flip of diagonal resistance
2. Breakout from the range top.
Link is definitely one to watch.
APEUSDT Ranging Looking at the chart, we can see a period of consolidation where the price has been trading within a certain range. During this time, there has been a high level of trading volume, which could suggest that larger market players are accumulating the asset.
To navigate this situation, it might be best to continue trading within the established range until there is a clear breakout to the upside. If the price does break above the local highs and this move is supported by significant volume, it could be a sign of a potential bullish trend reversal.
BITCOIN ($BTC) - Re-accumulation or Distribution? If this is in fact a re-accumulation range, we do not want the lows of current range to be broken.
Green liquidity zone would be a perfectly healthy correction - but it would lead me towards this current PA not being a form of re-accumulation, which does make a difference regarding where we are in the market cycle.
Vatsik
Bitcoin - Volatility is inbound Bitcoin
Scenario 1
- hold range eq
- reclaim higher quarter range
- breakout range high
- 33k
Scenario 2
- lose range eq (stop 1)
- lose range low (stop 2)
- drop to breakout origin at 24k
Volatility is coming - price is compressing on higher volume and tightening with every candle.
Violent move is inbound - place your bets!
vatsik
BTC 1H Range I find it very interesting just how well BTC can respect the quarterly lines of a range. You can spot certain price action patterns within the overall range but trading within the boundaries of the range can be very beneficial in a sideways environment that we find ourselves in.
When range quarters are hit and coincide with oversold indicator triggers they are great places to go long while we are stuck in this range between 26.5k & 29.2k
Indicators:
RSI
CM_Williams_Vix_Fix