🚀 Overview: On the 4-hour chart of Ethereum (#ETH), a clear upward trend is evident with higher highs and higher lows, indicating market strength. The 4-hour EMA89 continues to support the trend, adding confidence to the upward movement. 📊 EMA89 Support: EMA89 plays a crucial role as significant support, reflecting buyer control. Maintaining the price above EMA89...
Hello traders, There are SO MANY long wicks/shadows recently, and it happens near the top of the wedge structure, but it's not clear to me what the buyers and sellers are doing. I have never seen this kind of price action before so I wanted to ask the community. How could we interpret these wicks/shadows? Any ideas on how to interpret this kind of recent...
Today the BTCUSDT make a very dangerous shadows on EMA 200 on the Daily timeframe. EMA 200 is one of the most important trend line indicator in the technical analysis. For most traders and technical analysts the EMA 200 is a strong Support/Resistant line and indicates the long term trend line.
Please Support this Idea with LIKE if it is Useful.... XAUUSD (GOLD) This Analysis is base on Shadows War Method. If Price can close over Shadow UP, you can get a Long Scalp position on it. If Price can close under Shadow DOWN, you can get a Short Scalp position on it. Good luck!
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