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BTC: BEAR FLAG! DUMP AHEAD!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this quick BTC update. BTC is pumped very well in the last few days. It touched the $19k level. Now, what's the possible scenario from here? Let's discuss it in this analysis. As you see in the chart, BTC is forming a bear flag in the daily time frame and currently, at the upper trendline of the flag. I'm expecting a rejection from here. $19k is a crucial resistance level for BTC. If we get a weekly close above $19k then this flag will be invalidated and then we might see another rally up to the $22k level. But as long as BTC is inside this flag, I'm expecting a dump from here. What do you think about this? Let me know in the comment section. If you like this idea then do support it with like and follow. Thank You!
Short
by CoreCrypto1
18
BONDS YIELD PREDICTION!!!!! US02YDESCRIPTION: In the chart above I have provided a macro analysis for 2 year bond yield on the Daily Timeframe. POINTS: 1. Since the beginning of this upward trend on January 2022 we have seen that bonds and the overall market are said to share an inverse relationship but during pivotal moments that has not been the case as you can see that the stock market has risen along with bonds and vise versa . 2. Deviation in SUPLY & DEMAND POCKETS is clearly shown to be every 1% RISE IN YIELDS . (Refer to BLUE & ORANGE Horizontal Lines) 3. Before entry is made into a new DEMAND POCKET price action has a distinctive pump that has occurred several times. (Refer to white lines between SUPPLY & DEMAND POCKETS). 4. Predicted rise was formulated by using the average of previous last two pumps of +40.92% and +54.21% = +48% when rounded. 5. Average does in fact coincide with previous point of resistance when bond yields rose to 6% in the early 2000's. (A POINT THAT I WOULD CONSIDER TO BE A PIVOT POINT) 6. When you observe MACD we can also conclude that downward pressure is looking for relief like in past occasions. SCENARIO #1: Bond Yields continue to rise and follow uptrend into early 2023 which can then signify that a market bottom is yet to be confirmed. SCENARIO #2: Bond Yields break crucial SUPPORT OF 4.000% and will invalidate current setup. Possibly being followed by capitulation in the stock market since falls in yields seem to be more closely tied to falls in the overall market than the inverse relationship. TVC:US02Y
TVC:US02Y
by DGSTBROKERACC
BTC QUICK UPDATE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this BTC update. Currently, many things going on in the market. The fight between Sam and CZ create this fud and plumbed the whole market. Anyways, all these funds give us a buying opportunity so no need to panic here, BTC is still fine. Now let's get to the chart. BTC breaks below the $20k support area and currently trading around the $19.5k level. We have two major support areas for BTC. One is $19.2k-$19.4k (already hit) and another one is at the $18.4k-$18.8k level. IMO BTC must hold the $19.2k-$19.4k support area and bounce. In any case, if we break and close below the $19.2k level then be ready for more dump. As of now, try to be patient and don't buy anything in a hurry. As you know this will be a very busy week. After two days, on the 10th of Nov, we have an FOMC meeting so that will be another important event to keep an eye on. Wait for the right time and always buy in partial with a proper stop loss. If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
by CoreCrypto1
12
USDCHF SHORT "RETAIL BUYERS WILL CRY"I have tried my best to mark my whole thinking process on this chart. I do not THINK there is much needed to be typed in this description. However, this chart shows how much of a rigged game it is and how difficult it is for a typical retail trader to be profitable. However Smart Money Concepts help you tp understand how the market makers move making it possible to be profitablePlease leave your comments below and like or share the idea if you feel like it could help someone. Stay blessed.
Short
by Lawrence_G
EUR/JPY - BUY SET UP ON ECB RATE HIKES The EURO now sits under 138.000 on the exchange rate, a key resistance level that will now surely break after European Inflation hit 8.1% for the month of April 2022, igniting the debate about whether the ECB should be raising rates at 0.50% increments instead of 0.25% increments as signaled by Christian Legard. With European Bond Yields climbing and paying a premium over Japan, the EURO will likely continue to strengthen against the YEN as interest rates rise in Europe. The overnight carry trade will start to become profitable for the EURO into 2023, which is likely to attract investors into buying the currency pair.
Long
by KayansMarkets
SNAP Longer Term Buy and HoldSnap lost over 80% since September 2021. Recent price drop..they basically said they won't make earnings. Support zone between $4.90-$8.00. If price drops below the $4.90 price it might start getting sketchy. If we see a gap fill, I expect to see some resistance going through $27 zone. Ultimately I can see the stock go between $40-$48 long term. I'll probably be buying in and checking on price over the year while snagging more and more. But I don't expect anything huge soon. It'll be a slow crawl in '22 and picking up steam in '23. Already bought some at $14.22..
NYSE:SNAPLong
by DubbsyFX
2
Nvidia great potencial BUY ZONE in the next futureNvidia: 1W Some data before arriving at the Support and entry point. 1) Split last summer 2) China will soon ban all non-Chinese softwares in their state-owned companies. NVIDIA is one of the best companies on all Wall Street with a very important future and a market capitalization of around $ 0.5T. Currently, the price has dropped 50% to its all-time high of $ 350. Where the Market Cap was $ 1T. Big profit taking finds: 2 maximum decreasing between: 1) $ 315 2) $ 280 The breaking of the SUPPORTS a 1) $ 230 2) $ 210 3) $ 188 on the yellow average (100 EMA). However, we have a MAXIMUM SUPPORT in the price range of $ 155 - $ 138. Where we find the average 200 (Blue line) and a series of highs that lasted like one year. (31 August 2020 - 24 May 2021) Buy when it is low and sell when it is high. In the price rotation we will undertake to evaluate massive buy orders, obviously depending on the situation of all Wall Street indices in general. For info write to us in private LPI.sa
NASDAQ:NVDA
by LPI_Investments
GBPJPY PROJECTION On the Daily TF price had broken a MAJOR structure area. Result creating a HH then a minor retracement which was a 23.6% on the fib. Price then created a HH then a Really Steep Retrace. Coming to an area of confluence with an area of exhaustion, hitting 38.2% (meaning being an official HL point), As well at a 160.000 QP level. Waiting for price to create an engulfing variation orrrr wait for a break of a strong area of resistance/structure to then look for buys. Now on the H4 TF. we see that price is obviously in a steep countertrend to create that HL, So Ill be waiting to take a sell when price created a LH .
by RoyRoshae
5
BTCUSDT what is next, price now is near ?Hello Traders Bitcoin (BTC/USD) sought to retain some of its recent gains early in the Asian session as the pair continued to battle back from its recent low around the 38210.24 area, a level reached after Stops were elected below the 38550 area. Buying pressure slowed after BTC/USD tested the 40829.74 area, right around the 50% retracement of the appreciating range from 38550 to 43109.47. Stops were elected above the 39366, 39525, 39626, 40081, 40291, and 40659 areas, upside retracement levels related to recent buying pressure around the 38550 and 38210.24 levels. Upside technical resistance and areas of potential selling pressure include the 43380, 43564, and 44000 levels. Additional downside price objectives include the 38062, 37958, 37450, 37151, 37032, 36940, 36302, and 35995 levels. Recent price activity has seen BTC/USD trade below the 38780.48 area, a level that represents the 61.8% retracement of the appreciating range from 32933.33 to 48240. This relative low was also below the 39600 area, an upside price objective related to historical buying pressure that emerged around the 29301.56 area. Traders are observing that the 50-bar MA (4-hourly) is bearishly indicating below the 100-bar MA (4-hourly) and below the 200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bearishly indicating below the 100-bar MA (hourly) and below the 200-bar MA (hourly). Price activity is nearest the 100-bar MA (4-hourly) at 40579.77 and the 200-bar MA (Hourly) at 40315.89. Technical Support is expected around 38210.24/ 37797.03/ 34190.77 with Stops expected below. Technical Resistance is expected around 48574.70/ 50966.67/ 51595.38 with Stops expected above. On 4-Hourly chart, SlowK is Bullishly above SlowD while MACD is Bullishly above MACDAverage. On 60-minute chart, SlowK is Bearishly below SlowD while MACD is Bullishly below MACDAverage. <>
by RabieLaaouad
2
AVAX-Continuation of bear trend Hello everyone As the bad sentimental news came out of wall street, we may see the outcome effect the cryptocurrencies and crypto assets too. We have seen the price having some reaction to the two supports that we have on AVAXUSDT, which are our weekly trend line and our 68$ support level.considering today's market behavior all over the world,we may see lower prices on all the cryptocurrencies. For now, I think we may see the market gets into a trading range ( IF we are lucky)and see the price stays in the channel of 68$-72.5$,and on the bad side of things (bad for investors not traders)we may see the price breakout of our weekly trend line and hit our next not so much reliable 65$ support level.
by HubAlgo
STAA - Likely bottomed outA downtrend that had reverted to forming a base in the past 2.5 months with "neckline" at 85.50 +/-. There was a strong gap of abt 10% on 28 March on huge volume which hit right into the horizontal resistence around 85.50 and experiencing some pullback since. As this is likely a "breakaway gap" (a strong gap that occurs at the begining of a trend reversal), the odds are in favour of a trend continuation in the direction of this gap. (ie up). One could attempt to go Long at the break of the small pennant that has formed (around 82), however with near term resistence nearby at 85.50, it could be agonising days ahead while it attempts to break above this "neckline". Hence an alternative more "conservative" approach is to wait for the stock to have a close (preferably not too far) above the neckline before staking (ie wait for confirmation of "strength"). Either type of entries has it's merits (and risks). Hence appropriate stop loss (ie money management) is necessary to cut our losses should trade not work out. Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is NOT a trade advice. Please your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Cheers.
NASDAQ:STAALong
by Juliac
We have descending channel on 4 hourly BTCWe are in descending channel on 4 haurly btc chart. I just want to point out that we are at the strong resistance levels like daily resistance, point of control and golden pocket. On top of that we have this channel with multiple touch points on the downside and 2 touches on the upside. With that hidden bearish divergences and bearish candel close on the weekly i am not sure if the bulls are strong enough to fight back at the moment. This may be bad for the bulls if they dont show more buying preassure and some spicke in volume. As of my trades i am taking 50% of the table from 41.9k and look how is this going to play out. What do you think about this descending channel and can we break all this resistances? If you like my ideas please follow me and like the post because i am posting every day and you can find always something interesting on my profile, i am new to Treadingview but i have 6 years expirience in trading
by Mladen94
1
Know Your LevelsTodays daily primer is all about key levels, Don't make trading harder than it needs to be. Know your levels, keep track of them, have a system that says BUY or SELL as quickly as possible and then just execute your trades! All you needed to do was follow up, know the key levels and execute. It makes this job much easier when you are prepared and this type of preparation is easy. We are looking for an edge and keeping track of levels is KEY at making easy money (at least for our day trading system). Every Sunday I sit down and map out important levels, I also review my trades for the previous week, for development purposes, and during that review of past trades I specicially check these levels and how price behaved at them. I'd like to show you just how important levels are, but you should also checkout our VWAP video released just before this video.
OANDA:XAUUSDEducation
by PrimedGroup
2
ADA may dropHello everyone, as you can see ADA is trying to break through a strong resistance right now. All the altcoins had a big growth today but we may see a pullback in the following days due the hypothetical recover of the BTC Dominance. I am expecting Cardano to fail the break through and bring us down to the support level ending our current uptrend. Make sure to take your profit and to do not join the market yet ! For any questions make sure to use the comments area below!
by michael772
3