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Retracement

BTC Next Few stepsHello Traders! Welcome back to another post with Anlyst Aadil1000x. This Analysis is all about the next few steps of BTC in small timeframe. We can see BTC broke the previous high and now it's looking for a short-term retracement. A breakout of the trendline is a good sign to buy the market but because the market has broken the previous high and now looking for a reversal point to move up so we will not buy the breakout in BTC. We will wait for BTC to touch 23288 Reversal point to look for buys. DOn't forget to hit the like button and follow to stay connected.
Short
by Aadil1000x
Gold 1900 test is coming this weekOn the HTF gold is quite overextended and either a retracement or a full reversal need to occur at some point, so i've patiently wait for a short setup to show, and i think i've found it. starting from left we see a bullish flag that even if broken didnt show much bullish strenght, instead evolved into ascending channel, which now seems about to break, we have once again reached the bottom of the channel but now instead of bouncing we are forming a bearish continuation pattern ( triangle or flag), i shorted friday and i think next week we will go and test 1900 , and after that i will evaluate the situation again. what do you think?
OANDA:XAUUSDShort
by Erth_
GOLD Intraday Analysis - ( 26 Jan 2023 ) Looking at gold to do pullbacks to retest higher highs again. Nice hourly double top sells if you caught it , break of neckline retest sells still valid. However keeping in mind the bullish sentiment of GOLD and the weakness of DXY has not change at all. Hence i will be looking for intraday to swing buys up for gold to the 1958-1960 region which has been expected of for the whole month of Jan if you read our analysis. HRHR buys at 1934-1935 region MRMR buys at 1935-1036 region SAFEST buys upon break if 1940 key level Sells are already in play but in the event of a fundamental change later, we may see a further pullback on GOLD if 1934 level breaks to retest better price point of interest for potential longs.
OANDA:XAUUSD
by CJ_GOLDPIPS
Education: How To Trade Pullbacks To The Trend LineFor Trend Line Breaks, Wait For Time and Space To Occur. In this example, the trend line was broken on August 3rd, 2022 at 15:00. After the break, the Pullback Trader would wait till price retraces back to the broken trend line for an entry. Price retraced back to the trend line on August 11th, 2022 at 19:00. The Trader would have placed their entry at that time and date. The next retracement occurred on August 29th at 19:00. The Trader would have placed their entry at that time and date. In trading trend line breaks, wait for space and time to occur before entering.
FX:USOILSPOTEducation
by TradeLive-
Bulls divergence retrace continuesAs up to 1550 still bullish and still strong 30-4H chart confirmation breakout but will be shortage of a retrace. Buy now at 1550 area and let it skyrocket up; Ethereum still retracing and no 880 area is not the bottom for Ethereum; bear market isn’t over. Take profit 2000 to be safe away from the sell off; if reversal still in control then onto 2500 or somewhere between. Bottom target is about 600-550 area could happen to go even lower. **UPDATE FOR BITCOIN** - same thing 30-4HR chart confirmation breakout will be shortage and now extended more retrace - still above 20K almost to 21K.. still bullish reversals - buy 20K take profit about 23-25K big bearish reversal could happen in those zones or between.. if higher like 28K idk we will see how high the retrace needs. Trade safe y’all. FYI - Stop saying bitcoin is bottom even Ethereum is bottomed.. the bear market isn’t over because of Fundamental Recession is coming this year as Feds still increasing rates and terminal rate.. might wait until Feds cuts rate , Rate Pause, qualitative easing and qualitative tightening to happen in order get to The bottom.
BITSTAMP:ETHUSD
by JoyBoyVegae
1
Retrace complete/Further downI kept seeing everyone thinks bitcoin just bottomed.. ( no not quite yet) this what happens people get too greedy. As bear market still going and still on the move, Feds are still increasing terminal rates and interest rates because the inflation still remained high and not cooling down enough; big happens the Feds will get aggressive and too aggressive until ceiling hits and see economy will break as fundamental Recession is coming sometime around 2023. Now let’s talk about bitcoin. The retrace is complete nearly hit 20K my analysis had been correct but I might be or be wrong is the retrace isn’t over. As over 1.4 trillion had been wiped out value from the market; bitcoin haven’t reached the potential bottomed yet.. 21-20K has stronger resistance zones but should expect the huge rejection; if I’m wrong then We will see double top form or if should continue the retrace to make the crash sight. For the bottomed 14-16K is not the bottom; don’t fall for the Trap. Because things going on the economy and Feds still working on bringing the inflation down and Fundamental Recession is coming sometime around this year. Should expect Rate cuts sometime in late 2023 or Middle 4th Quarter in 2023 so final leg down can happen. Even if your profit still in green I highly suggest to sell it off until we hit the Top; remember the bear market isn’t over..even tho could be a long term consolidation could happen so please be very careful we still have a lot more to go. Experts sees bitcoin will bottom around 12K but mort said 11-10K zone even bigger surprises can go even lower around $5000,$5,500. As I see still 12-10K as a bitcoin bottom.
BITSTAMP:BTCUSD
by JoyBoyVegae
1
BTC will rally to $56K in the coming 4 monthsI know this is a bold statement to make, but the bottom for BTC is in (beautiful double bottom) and a rally to $56K is imminent, bears are about to get rekt as BTC is going to rally to near its all time high price in the coming months, but it won't make a new all time high just yet, as we are in the four year cycle, this is just a retracement. The bottom for BTC was in Nov 2022, while the bottom of the last cycle was in Dec 2018, thus this time we are one month ahead, the top of the current four month rally will be in May 2023 instead of June like the last cycle (2019). We will break out of the bullish falling wedge to the upside very soon in the next 10 days, and we won't stop going up until the end of May, so if you are a bear and you don't want to FOMO, you will have to have patience for a very long time before the prices come down again to the current levels, in the coming months, every time you think the prices are coming down, it will go up instead and test your patience severely. Buckle up boys and gals, we are going to the moon, soon. Inshallah.
Long
by abrahamadam2017
3
Buyers Retrace; bitcoin formed a new supportAfter the Feds increase interest rates and unemployment still rising even 200,000 jobs had added and still under 17K. It is bad news but had you notice the new support formed about 16.8K zone? It is about the mega whales lures .. it’s a lot of info go and find out. What I see now the buyers demand zone under 17K bitcoin should mid term retrace.. in order to drop more. 18K ,20K and lastly we might see 28K as the top. Becareful it’s volatile and the unexpected drop reversal will come anytime , trade safe. If 16K is the bottom then we are bullrun to start but I don’t think so but I still see 12-10500K zone is the bottom. Let me know your analysis and opinion down the comments, bitcoin can not drop more until the buys retrace.
BITSTAMP:BTCUSD
by JoyBoyVegae
1
EURUSD: Temporary Pause Before Headed Higher Again EURUSD has been in a nice and strong recovery from 0.9730 from where we can count five waves up, up into wave 3 from where we have seen a nice reversal south as expected. We see this as a contrat-ternd reaction on the 4h chart. It's wave 4 that is now already in a subwave c so there can be some support coming in, in the next few sessions. The first one is at 1.0440, while the deeper supports are at 1.0293. We will expect a bounce up into fifth wave this month. GH
by ew-forecast
UJ needs to Revisit highs before more dropsWe are in a buy zone and this drop is obvious that need to short recovery buys and revisit recent highs. From 129.560 area we should expect the short or mid buy term revisit and near supply zone. Bear market isn’t over but this is a retrace. When to Sell ? Sell about around 140 or 145 area get that top dip sniper becareful and choose wisely …. Never know will spike down quickly shortage without a retrace because the bears has a lot of strength. Trade safe y’all
by JoyBoyVegae
Sell the news ? banksters overbought BTC before CME, what now ? comments under the first chart : BTCUSD As stated on "some grey eminences making too much money" I d just say "some banksters got in BTC, and they overbought, too much. now they will give the option to their customers. www.coindesk.com Banksters are well know to bet against their customers . . . the next few days could bring surprises. My personal chart ( uk.tradingview.com ) , with personal god mode settings, is shouting "WARNING" : I m not telling anyone to short bitcoin, shorting bitcoin is dangerous . . . but . . . perhaps you want to reduce your exposure, have some fiat and serious altcoins ( ZEC is a good bet imo ) ready to rebuy BTC lower ( targets : 16k, 12k , 8500 here )
B
by neofutur
68
A lull before the potential stormThe price has finally hit the bottom, temporary as it may seem it's cause the area where the horizontal green and faded pink is where the price has hit twice before making it a solid area to bounce. However the overall trend is down especially after the symmetrical triangle got pierced and crabbed until the recent fall. Now the triangle is a descending triangle and could have a few bounces before breaking down perhaps. Temporary bounce may be in the works to halfway or if it's a strong move, to the orange line then potential retrace back to local lows. Gl and DYOR this is never financial advice, but rather, a analysis.
COINBASE:BTCUSD
by Siriuszbusiness