RUNE is trading near strong former support which is now acting as a resistance. Strong support/resistance static line with several hits (7 times ) is shown on the chart by thick red line. This static line supported the price for 5 times before breaking down. After break out , RUNE has found a new support and currently is at mentioned line again and may...
As we reach the top of the BTC channel formed over the past month and a half, we are staring down a barrel with the possibility to enter a MASSIVE SWING SHORT position if certain conditions are met. These conditions could be either trapped longs to fuel the way down to the 17000s or reentering the Value Area and price acceptance within. As price hovers at the...
We can trade both supply zones and demand zones. Short term structure = Bearish Long term structure = Bullish This is how we conclude the SELL TO BUY model. Look for confirmations before taking the trades.
Bitcoin has lost a critical local support zone, also coinciding with the loss of the lower pivot in the local downtrend (1H). At 4-hour levels, the bearish channel that has formed and the rejection at the top of the bullish channel can be seen even better. In the daily scenario we continue to hold the bearish channel with a re-entry and rebound that could...
Hi, I'm back again In my opinion, this analysis will be 90% correct. With the session on Wednesday in America, we will see the new floor, which will be between 19,500 and 20,000, and then the upward trend will go up to 27,000 and maybe up to 29,000 in the first step. We have to see how the conditions are there, but most likely we will have a correction up to 23 thousand
This is the way that keeps up with the Distribution chance. Things are still running on Phase B and we are waiting for further information to favour between Accumulation and Distribution. A breakout and its evaluation will make our final decision.
Do you think Bitcoin wants to return to its golden age or all this just a trap to make rich people richer? Be very careful!!!
No one knows what the heck will really happen with bitcoin but... according to the chart we are in a falling wedge that needs to regain strength killing all short positions. Even if it doesn´t fall to 14k (it will) as, cash left the market, high inflation worldwide, energy price for miners, trend analysis, and trend following, I would not mess with crypto right...
take a long position when touches the green line with a long position SL and take a short position if it closes below the green line and hard close and wait for a retest to close that long position if you are taking this trade then contact me for TP if hard closes below orange trend support then take a short position and mark orange dashed line as SL and take a...
That is long in the short-term (until the Fed), short in the medium-term (until October), and long in the long-term (until next Spring). Through some creative analysis, I have us in Primary wave 4, Intermediate wave C, and Minor wave 2. I expect Minor wave 2 to end tomorrow, likely earlier in the day and then we begin Minor wave 3 up toward 3975. It may take 2-3...
As can be seen, when we examine the rejections associated with the 30-day exponential moving average in two separate channels, it is expected that the price moving in the falling channels will break the falling trend after the 4th phase. However, it is useful to be careful and not to enter a position without using stoploss, especially in margin transactions.
We see that we have reached the end of the ascending channel in Ethereum, and if this ascending channel is broken down, it seems inevitable that the price level of $775, which is just fib support, will come. We clearly observe the interaction of 3 separate support and resistance levels with the price. As long as the vitally important 3rd level is not broken...
Blue levels c,d,e,f in play Buys on confirmed breaks of 11850, 11940 for quick 3:1 Sells on rejection of 12230, 12110, 11920 for max 9:1. Confirmed break of 11760, 11700, 11610, 11500 for max 6:1. Clean chart with blue levels only >>>
Aa you can see here i've got two options to short and long from. These are a 6/10 probability trade and i'll be trading it carefully
There is currently an ascending channel and two different symmetrical triangle formations that we are in at the same time. Although the support zone and trend for the lower band seem to hold the price tight, if the fundamental data creates a selling pressure, the targets of the relevant formation formations seem clear. On the 4-hour timeframe, the 200-hour...
Even traders need to go on a holiday! However, the markets don't wait for anyone and we were trading on the road. We first took a trip to Paris and it was a hard adjustment because we were trading in different timeframes and traveling all around the country. We could not post our ideas before taking them as we did not have laptops. Metatrader come to our rescue...
You can open a short or long position by breaking and stabilizing the price after each of the lines. Be a little cautious about the long position. Do not enter before the candle closes and manage your risk.