GMT has a price adjustment but has collected a lot of 1D energyHello everyone, let's take a look at the 1D GMT to USDT chart. As you can see, price is moving above the local uptrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is SL1 - $ 3.12, if the support breaks, the next one is SL2 - $ 2.45. It is worth choosing at least one stop loss.
Now let's move from the resistance line, as you can see, the first resistance is T1 - $ 3.43, if you can break it, the next resistance will be T2 - $ 3.60 and T3 - $ 3.74 and T4 - $ 3.89.
Looking at the CHOP indicator, we can see that on the 1D m interval, we have a lot of energy for the next move, while the MACD indicator shows a downward trend because the blue line is below the red one.
Resistance_level
BTC makes a correction, has a lot of energy for the next move!Hello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, the price is moving in the uptrend channel.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 37,296, if the support breaks down, the next one is $ 34,293.
Now let's move from the resistance line as you can see the first resistance is $ 39,949, if you can break it the next resistance will be $ 41,555 and $ 42,777.
Looking at the CHOP indicator, we can see that we have a lot of energy in the 4-hour interval, be careful in the hours ahead. The MACD indicator confirmed the recent drop in price as the blue line crossed the red one from above.
My predictions for BITCOINIn my opinion, I believe Bitcoin is going to go up all the way to the resistance line, and then drop down past the support line and crash. It is probable, since the bearish flag has been forming since last year. It is also reliable, since the time frame is very big and the flag has a massive range.
DISCLAIMER: This is a prediction and can’t be considered till further notice. I may be wrong.
CRYPTOCAP:BTC
ADA/USD - Long Idea ADA/USD - Long Idea
Based on the Analysis it seems like we in a consolidation range before the push to the upside .
We currently at a low price if support holds and break the counter trendline we looking to buy the the market to the resistance level .
TP : 1.24367031
SL : 0.67874318
ETH collects a lot of energy in the 4H interval!Hello everyone, let's take a look at the ETH to USDT chart over the 4 hour timeframe. As you can see, the price is moving in the local uptrend channel
Let's start with the designation of the support line and as you can see the first support in the near future is $ 2699, if the support breaks down, the next one is $ 2460 and $ 2157.
Now let's move from the resistance line as you can see the first resistance is $ 2922, if you can break it the next resistance will be $ 3048 and $ 3155.
Looking at the CHOP indicator, we can see that in the 4-hour interval the ETH collected a lot of energy, while the MACD indicator indicates a potential upward trend.
BTC a lot of energy, MACD shows an uptrend.Hello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, the price is moving in the uptrend channel.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 38,746, if the support breaks down, the next one is $ 36,180 and $ 32,875.
Now let's move from the resistance line as you can see the first resistance is $ 39,942, if you can break it the next resistance will be $ 41,524 and $ 42,790.
Looking at the CHOP indicator, we can see that we collected a lot of energy in the 4-hour interval, while the MACD indicator shows that the blue line has crossed the red line from below, which should potentially indicate an uptrend.
BTC ranges from $ 38-40 thousandHello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, the price moves in the uptrend channel.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 37,778, if the support breaks down, the next ones are $ 37,152 and $ 36,283.
Now let's move from the resistance line as you can see the first resistance is $ 38,393, if you can break it the next resistance will be $ 38,716 and $ 39,863 plus $ 40,349.
Looking at the CHOP indicator, we can see that in the 4-hour interval most of the energy has been used, while the MACD indicator shows a temporary downtrend as the blue line crossed the red from above and is still below it.
Will BTC remain in the growth channel?Hello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame. As you can see, the price moves in the uptrend channel marked with blue lines.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 37,960, if the support breaks down, the next one is $ 36,394 and $ 35,164.
Now let's move from the resistance line as you can see the first resistance is $ 40,233, if you can break it the next resistance will be $ 41,799 and $ 43,029.
Looking at the CHOP indicator, we can see that in the 1-day interval we have a lot of energy, which may result in more traffic in the coming days. On the MACD indicator, we can see that the blue line is close to the cross of the red line from below, which would confirm an uptrend.
STG / USDT right on the support!Hello everyone, let's take a look at the 1D STG to USDT chart. As you can see, the price is moving below the downtrend line.
Let's start with the designation of the support line and as you can see the first support that the price is currently based on is $ 1.20, if the support breaks down, the next ones are $ 0.90 and $ 0.43.
Now let's move from the resistance line as you can see the first resistance is $ 1.94, if you can break it the next resistance will be $ 2.39 and $ 2.78.
Looking at the CHOP indicator, we can see that in the 1D interval most of the energy has been used, but it is worth paying attention to the MACD indicator which shows that we are on the green line, which indicates an upward trend.
Potential Shark Forming!DXY - Potential shark forming at strong PRZ (Weekly resistance) The Dollar is in need of a pullback haha, i'll be waiting for the B point to break before really looking for this shark to complete/using it as a BIAS.
Let me know your thoughts!
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
DYDX- welcome to floor -1Hello everyone
Since last week we had a great fall of the price on DYDXUSDT, as you can see today's bar went above the high of yesterday's, which gave me the impression of a pin-bar for a second and then turn into this terrifying shadow.I know this asset been nothing but down trend so far,but a price this low for such good asset is just unfair.
Anyway we have seen the low of the market on Tuesday. This shape of the trend might turn into a wedge pattern and let us have a breakout to higher levels.
For now we have the low of yesterday as support 4.05$ and 4.25$ as resistance level
I would wait for higher lows and in case of a reversal pattern, I will enter on my second signal (NOT THE FIRST ONE).
Bitcoin Is About To Pump! Here are my targetsBitcoin has been in a bearish downtrend for quite some time. Looking at the chart, I want to show you some bullish signs that are starting to appear Bitcoin might head upwards again.
1. MACD is about to cross signal line.
2. RSI is showing bullish divergence.
3. ADX is about to cross lower band.
4. Bitcoin is at a major support line. (bottom blue line on chart)
Swing traders can expect Bitcoin to reach first target of 44k zone. There is a possibility of us hitting second target near 52k zone but economy is very bad so be cautious on second target.
Will BNB manage to reverse the trend?Hello everyone, let's take a look at the BNB to USDT chart on the 1D interval as you can see the price moves in the local uptrend channel marked by the blue lines.
Let's start with the designation of the support line and as you can see the first support which has already rebounded once is $ 380, if the support breaks down, the next one is $ 359.
Now let's move from the resistance line as you can see the first resistance is $ 400, if you can break it the next resistance will be $ 411 and $ 420 plus $ 430.
Looking at the CHOP indicator, we can see that in the 1D interval some energy has been used, but we still have a little more for the next move.
Despite a slight upward rebound, the MACD indicator shows that we are still in a downward trend.
IOTA- another bear flag or reversal?!Hello everyone
As we have seen a red bar on almost all of the assets yesterday, the candle left a big scar on the market.A red bar with a big body might be the indication of a bear market continuation.
We have a resistance level of 0.625$ and the support level of 0.58$.If our support level fails,our next support level is 0.5$.
I believe it's most likely to have a bear flag pattern here as yesterday for the pole.But we aware ,with a red market like this anything is possible.
Wed 27th Apr 2022 EUR/CHF Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a EUR/CHF Sell. Enjoy the day all. Cheers. Jim
BTC records further declinesHello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, price is moving above the local uptrend line.
Let's start with the designation of the support line and as you can see the first support that the price is currently based on is $ 38,133, if the support breaks down, the next is $ 36,917 and $ 35,340 and $ 33,268.
Now let's move from the resistance line, as you can see, the first resistance is $ 41,152, if you can break it, the next resistance will be $ 43,179 and $ 44,891 plus $ 46,558.
Looking at the CHOP indicator, we can see that in the 4-hour interval some energy was used for the downward move, but there is still a lot of energy that can be used in the near future, please be careful.
ALPINE-Less sell pressure & higher lowsHello everyone
On Alpine daily chart ,we don't have much of perspective or structure,but we have a well preserved daily trend line, so if we consider the last 4 bars on daily chart a last bear flag (see in 4 hours), and that combined withe the higher lows that we see in daily,from here of in the next 2 candle we may see reversal happening.
For now,it's better to be traded in lower time frames.
our support levels are a trend line & price level of 5.25$, possible resistance level 6.2$
Supply-Demond zone on live Bitcoin chartI mark supply and demand areas based on pivot points and the last candlestick before the main movements
Reason for marking supply and demand area:
1-There is Range inside these candles, after which the market has decided to move
2-And another reason to mark these candles is that banks and major market players in that area have orders.
Reason for marking liquidity line:
Steps below the swing
Market needs to change trends to liquidity
Ethereum- a reversal situationHello everyone
Today on ETHUSDT, we have a candle with a long shadow which I expect to close above 2880$, and we have a 3 high , 3 push down pattern, that can function as a wedge or triangle, angled down.With that said we have a possibility of reversal IF we get a green bar with good bull body higher than 2930$ tomorrow.
Our support levels are 2800$ and the weekly trend line and our resistance levels are 2950$ which I think will break tomorrow and 3050$.
BNB- possible double bottom setupHello everyone
After a red bar with a long shadow on weekly on BNBUSDT, now we have started the new week with another red one.On daily chart, we can see a long shadow that touched the weekly trend line and came back, which is a good thing and with the today's candle we can expect a double bottom, which can turn into a High 2 on a trading range and a good buy setup.
On the daily chart we also have the 400$ resistance which is more likely to break again tomorrow and 390$ support level and the weekly trend line.
I would wait for the next day's candle with a bull body to make sure of a reversal or bull trend or at least a weak bull channel.
P.S. : This is not a financial advice.