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Range
Trend line breakout is in the picture!!Hello everyone
In The past 4 days we have been experiencing a trending range with a possibility of bull channel in ETHUSDT. But In the next couple of candles ,I expect a breakouts for Ethereum (personal opinion, not a financial advice).
In 4 hours chart we can see an accumulation of price in the channel of 2950$ and 3050$. Also, We have a long term trend line ( line number 1) and a short term trend line (line number 2) creating a corner for the price.
Hopefully we see a big move in the market in the next couple of days ( THIS MARKET IS BORING).
what is this Annoying trading range??Hello everyone
In the past 4 days we have been experiencing some frustrating trading range in 4 hours chart for ADAUSDT ,But in lower time frames we can see some good scalping opportunities.After the bear market in the past week this trading range might actually be a good thing (some liquidity is good for a healthy market).
In 4 Hours time frame we have the support level of 0.93$ which been tested almost 4 times in 4 days and resistance level of 1.00$.Also we can see higher lows on the daily chart which can be seen on RSI in 4 hours,This is might be a small hope to see strong bull trend or maybe a spike in our charts.
AND it's still going UP!?!Hello everyone
In the past couple of days (10-12) NEARUSDT been accumulating between 17.50$ and 15.50 in daily and we had a spike in price eve of Apr 07.
Anyway in higher time frames, It IS still going up, and investors may still hold on to what they have, but in lower time frames ( day trading and scalping) , I have been buying on 15.55$ and selling (and shorting) on 17.50$, and it worked for me.
Considering that the price keeps making higher lows, investing in this asset might be a good option (this is my opinion and not a financial suggestion).
For now, we have a hanging man pattern on Apr 14 and had a pretty good bear channel in 4 hours time frame, and a head and shoulder pattern.
EURGBP Even PricingHey Traders,
EURGBP entering a range prior to the announcement of the Great British Pound CPI. On the one hour chart here, you can see the green area in which we are currently ranging, I'm expecting a breakout given the data of the CPI.
We've had a very good uptrend moving in the CPI data over the past six months and is forecasted to do another 0.5% increase. In the event the CPI matches forecasts, we're gonna see this pair head to the downside given the strength and the money flooding into the pound.
Keep an eye on this pair and a potential break downwards.
GBPJPY markup SMCGBPJPY is bullish and has weak highs so we look for longs but first we need to mitigate our previous ranges so short is an option but we have to wait for the weak highs to be taken
this is no financial advice I'm doing this for myself
feel free the message me I'm always open for an chat
DXY : 1D : Fibonacci Analyze Hello Everyone, If You Like The Idea You Can Support With A Like And Comment .
Keep In Mind ❗
If We Are Going To Do Higher High On Higher Time Frame It Would Be Major Sign Of Strength . So Play Safe On Risky Tools .
Important : Please Use RM (Risk Management) and MM (Money Management) If You Decide To Use My Ideas, There Will Always Be Unprofitable Ideas, This Will Definitely Happen, The Goal Of The System Is That There Will Be More Profitable Ideas At A Distance.
Bank nifty long position Hi Traders.......
Here are some important levels of banknifty................
BankNifty moves in a range of 37400-37900 from last few days.......
So take trade account to the levels buy at support and sell at resistance also if banknifty break this range then go for the long trade.....................................................................................................................................................
1 If banknifty breaks the level of 37400 and give us closing below the level of 37400 then go for the PE
2. If banknifty breaks the level of 37900 and close above the level then go for the CE
BTCUSDT in range zone and bounded with parallel channelAs we can see major supports and resistances are all mentioned on the chart.
Also, the price is in a daily Ascending channel and we have range market here for a while unless channel support(37K) or channel resistance (49K) breaks.
Notice: 39000$ now is 0.61% Fib and major support too if this support breaks market may get bearish once again.
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Interesting finding with a pitckfork range| 58k then 44k?I found an interesting respected supports that if the past repeats itself in the same way we could be seeing 58k in the next month or two before having a similar nuke like last september back down to 44k and then go for the last and final launch towards breaking out of this ascending channel that was defined when we first hit 64k. See for yourself.
#BTC #BTC
Everyone talks about the rise of Bitcoin, but there is no rise and you always fall into the traps of market makers and lose your money, but if you want to know the true direction of the price, determine their entry areas, which are a range and watch whether they are buying or selling and whether the price movement is corrective or strong
According to what I see now, the bitcoin is for sale now, until the 21 thousand area, then everyone will lose hope of going up and start selling, but the market makers will be the buyers and the bullish wave begins
EURJPY Buy IdeaD1 - Higher highs.
Currently it looks like a pullback is happening.
Expecting the price to continue higher further after pullbacks.
H1 - Currently it looks like a flat correction is happening in the form of a range.
Bullish divergence.
A valid breakout above the top of the range would be the validation for this bullish view.
XAUUSD ! short. Target - supportPrice in the trading range. Previously, the ascending channel was broken down and the price, after a false breakdown of the support of the formed trading range, corrected to the previously broken channel and, without the possibility of going inside, fixed under it. Confirmation is the first impulse. I think we can see the price drop.
Best regards Linda
EUR/JPY Outlook (6 April 2022)Overall, EUR/JPY has been trending across between 135.45 and 134.00.
As the EUR/USD continues lower, it is likely to take the EUR/JPY along with it, look for EUR/JPY to remain within the current range. Best to stay out until price breaks out of the range.
Next support zone 131.50 and next resistance zone 137.00
How the BTC consolidation will end up❓Looking at the mid-term Bitcoin price action, we can point out the support and resistance levels. The support has been formed at $44,226, which initially was an 88.6% Fibonacci resistance, now acting as the demand level. The resistance was formed at $48,195, where BTC/USDT bounced off the top of the ascending channel.
Considering higher highs and higher lows patterns, the probability favors a continuation of an uptrend. But, .......
DOLLAR INDEX Wait For Breakout! Buy!
Hello,Traders!
DOLLAR INDEX is trading in an uptrend
And the pair is currently struck in a nice range
So IF we see a bullish brekaout
Then a bullish continuation will follow
WIth the target of retestinga supply level above
Buy!
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