LINKUSD: Bearish Bat with Hidden Bearish Divergence at Range TopCHAINLINK has been trading within this range for the last few months and recently has put in a Partial Decline; However it has formed a Bearish Bat on the Way up and may look to make a 50%-78.6% Retrace before continuing back up again to Bullishly Breakout.
So i would say the short entry is here and the profit target is between the 50 and 61.8 Retrace. Before then reversing again and giving us a Secondary Partial Decline.
Range
Cardano ADA range between $0.50 - $0.55Did you recognize the range between $0.50 - $0.55 for current Cardano's sideways action?
Am pretty sure that a breakout will show us the next future direction - confirmation has to be considered
That clean - that simple
Or not, dear Crypto Nation?
*not financial advice
do your own research before investing
BTC bear market rally showing signs of weaknessI am currently out of my longs a little bit shy of 24k as I am starting to see signs of weakness.
Bearish divergencies are starting to form on low time frames, SPX on resistance, US100/US500 on resistance, Total Market Cap on resistance, BTC seems like it is about to form an SPF on the daily (and potentially on the weekly too if this keep going that way)
In the 2h chart I see a range deviation playing out if the candle closes back within the 22650-24200 range
Technically the target should be the range low at 22700 but if you are still bullish you should at least consider riding the shorts till the range mid point at ~23400
Just my quick 2c
p.s. I know I am frontrunning the candle close but honestly I don't think it matters much. I'd rather be wrong than late.
Are we going to see EURUSD pushing up?After the news yesterday we saw a sharp upside momentum on EURUSD.
Now we are not trading in the range anymore and it looks like the level of 1,0279 will act as support.
If price rejects that level we could expect another push up toward 1,0423.
Also, if price is about to move higher we want to see a breakout of the previous high in order to confirm that there is enough strength to continue upwards.
Right now, EURUSD isn't the best choice when it comes to trading against the dollar!
AUD-CHF Potential Short! Sell!
Hello,Traders!
AUD-CHF is trading in a range
And the pair is about to retest
The horizontal resistance level
Therefore, it is natural for us
To expect a pullback from the level
After the retest is complete
Sell!
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#analysis 59 - Weekends endSo the weekend has finally come to an end, and we can see there's not much altcoin flied far. Now Bitcoin has come to a consolidation phase.
Not pretty sure how it go, so flat now. But I did check the chart of FTT. It seems that pretty good if we reach the lower part inside the range. Look forward to going to the range high if we made a bounce down below. However, the SL should be at around the range low, not below the OB for safety.
Why?
The range low has already tested for 3 times, which is not pretty good for general cases. Also, now not pretty sure how Bitcoin go in the new week. We'll set it when Monday ends.
So let's take a rest for another day.
Potential setups for GBPCADFX_IDC:GBPCAD
👉 1. Price goes ABOVE the selected range on the picture. Long positions to activate.
👉 2. Price goes BELOW the selected range. below. Short positions to activate.
⚠️ Important Notes:
1. Follow your risk management rules.
2. Timeframes: up to H1
🧐 Pay attention to the trend line on the 4 Hour timeframe 😉
EUR-USD Support Ahead! Buy!
Hello,Traders!
EUR-USD is trading in a kind of a range
And Just as predicted in my previous analysis
The pair fell from the resistance level
And is moving down towards the support
So after the retest we will see a local rebound
Buy!
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CAD-JPY Range Trading! Analysis!
Hello,Traders!
CAD-JPY is trading in a range
Between the horizontal support
And resistance level so I think
And now we are seeing a rebound from support
So I think it will keep growing mid-term
But after the retest of the resistance
We will be selling the pair
Trading Tips!
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✅AUD_CHF TRADING IN A RANGE|LONG🚀
✅AUD_CHF is approaching a demand level
So according to our strategy
We will be looking for the signs of the reversal in the trend
To jump onto the bullish bandwagon just on time to get the best
Risk reward ratio for us
LONG🚀
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EURUSD short term view The fiber has created a bearish cypher in h1 chart and now it is going to have a pullback towards the 200-hour simple moving average.
Then in the larger picture we can notice a ranging trading where the price has created two false breakouts below the support line, as soon as the price reaches the 200-hour sma we should consider a possible rebound because the pressure of the buyers is increasing these days (especially yesterday).
We must wait the NFP because it can create high volatility on the pair.
Enjoy your trading!!
EURUSD before NFP EURUSD is still trading sideways after breaking above 1,0210 yesterday and basically showing no strength for a downside move.
It's now heading towards the main resistance below 1,0300. Every next time we see a test of that it will be much likely to actually see a breakout as well.
Today, NFP will be published. This is an important economic event for the market and we should see some reaction.
We will be looking how this pairs will behave around the resistance but right now we don't have any entries here on EURUSD!
There are better opportunities on the JPY cross pairs!