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Sellerexhaustion

EURUSD: Bullish Gartley on the MonthlyThis is an update to the Monthly Bullish Gartley setup that's in the Related Ideas Tab Below. I entered at the 786/1.414 confluence area but my tight stop was triggered. As i explained in the original setup, I was worried that the 1.414/.786 confluence area would break and that the 1.618/.886 confluence area would be the more optimal entry, as a result i had a tight stop so that i'd make more sense to go in with size at the 1.618/.886 area and now that we are here I will be entering again with bigger size and a wider stoploss. I think we should see some upside leading to the End of the Season.
Long
by RizeSenpai
Entering Buy ZoneETH is retesting support of the previously broken resistance line, as well as support at the 200 EMA. Selling momentum is exhausted and ETH is entering what I consider my Buy Zone. Bullish divergence on the 4hr chart leads me to think we will get a soft bounce, but we'll quickly see resistance from the 100 EMA and the support-turned-resistance line. I'm interested in averaging in here, but not quite ready to go in with a heavy position. Let's have an amazing 2022! ------------------------------------------------------- These are my personal views and not financial advice. Please do your own research before investing. I'd love to hear your thoughts, ideas and feedback. Feel free to comment and I'll try and get back to you quickly. If you appreciated this analysis, consider Liking or Following. Thanks!
Long
by mercury_rising
BTCUSD: Daily MACD Signalling Seller Exhaustion at $8,500As can be seen by the Moving Average Convergence Divergence (MACD), bears have begun signalling exhaustion on the Daily time-frame at current prices, though not yet confirmed with a closing candle. This colorful extrapolations is based on the most recent times the MACD's histogram went below -175 while trading the bear & bull exhaustion cycles, as opposed to the bull and bear crosses with the signal line as the MACD is traditionally used for. The concern is decreasing bullish momentum of each rally (when sellers become exhausted >-175) with the lower highs on the buyer's end of the histogram, as well as other short-term bearish factors. None the less in each occurrence in the past 9 months bear exhaustion has signaled good entries for profitable trades or otherwise break-even trades at worst (such as the yellow and blue recent seller exhaustion). In the background, the 0.5 fib retracements of the $3.2K to $14K as well as $6.4K-$10.5K move line up around $8.5K at current prices. The RSI is otherwise bearish with room to move to oversold conditions, as referenced below. It's time to BTFD again. Worst Case Bear Flag Extrapolation & BTFD Scenario VPVR Part 2: Volume Point of Control Now Turned Support VPVR Part 1: Volume Profile Accumulation Zone $5,910 - $8,630 Network Hash Gives 10th Buy Signal In 9 Years Extrapolating 2014 Correction - Could $6,500 Be The Low? Two & Four Year MA's Claim It's Time To Accumulate
BITSTAMP:BTCUSDLong
by dragononcrypto