Be careful to BitcoinBitcoin can dump to around 57-56000$ Because I am waiting to DOM will be 45,71
so if I were play short term I have added stop 59,750$
Short-long
EUR/USD Next Move!Hello Traders
Overall Trend for EUR/USD is bearish but as a corrective wave it's moving inside of a ascending channel.
We believe to see another wave upward but we should consider drop possibility too.
So wait for breakout or breakdown to execute a position.
Thanks for Reading
Team Fortuna
-RC
Ethereum Notably BullishEthereum is notably way more bullish when compared to Bitcoin. This same yellow trendline from the bottom of March 12 2020 crash on Bitcoin is broken to the downside however on Ethereum it is not.
This seems to play into the fact that throughout 2018 all the altcoins pumped to extreme levels while Bitcoin died.
If Ethereum breaks to the upside of its ATH and Bitcoin doesnt mess things up, I could see Ethereum Reaching $7200.
However, if Ethereum breaks the yellow line we could see a 95% drop to $250 levels for the bear market bottom.
EURNZD SHORT TERM LONG SIGNALlong until neckline where there might be reversal for overall head and shoulder pattern
Dip to 46k then 72kIm married to the money can never let her go...
Maybe we hit this little trendline we have formed since bottoming for a god tier short and long opportunity.
QQQ Gap fill play or rally to 380The Q's have had a beautiful breakout of this falling wedge, which is slowly becoming one of my favorite patterns to play, which we played on HUT, DOGE, RBLX, and AMC recently. I will make a video about that pattern soon. We have seen most tech stocks take off the last few days, which we can attribute to the whole tech industry (QQQ) in a small bull run here.
I unfortunately did not catch this breakout move at the time, however, I will be waiting for the pullback down to the 368-370 area where we can hopefully find some support.
I will be playing the Q's when they get back to the breakout level of around 370 and will be playing either side, with the idea of filling that gap at 360 or retesting resistance at 380, I believe it will be the gap fill play however.
Problems:
With that breakout, QQQ did leave a gap at 360, where we should have to fill before we can go any higher.
RESISTANCE LEVELS:
380 = mental and previous level of resistance
382 = ATH
Support levels:
370 = previous level of resistance, can hopefully find support there in the near term before going down and filling that gap at 360$
below 370, I think has to go down to at least 360 in order to fill that gap
USDJPY💲Corrective reduction❗A breakout and confident fixation of the price outside the channel indicates an erroneous interpretation of the emerging wave situation. Probably, at the moment we have a large zigzag in which the wave is developing.
The specified wave, as it should be, takes an impulse form. It is possible that the formation of the wave was completed earlier, which means that in the future we are expecting a correctional decline within the framework of the development of the wave.
Potentially it looks very interesting, so it's worth trying to participate in this.
Investment idea: sell 114.20, stop loss 114.40, take profit 113.00.
Have a nice trade!
retracementI think that the market will make a .618 retracement this week followed by a 1.218 extension from around 4400
Eur/Usd Hello traders! For my opinion this pair is sell because is in "channel scheme and "xabcd pattern".
Fibonacci levels (0.2326) show a decline towards 1.15350 and 1.14250 and confirmation of the xabcd pattern is expected.
Target one: Sell 1.15350
Target two: Sell 1.14250
Don`t forget to look the economic calendar.
THANK YOU!
GOOD LUCK!
XAUUSD LONG/SHORT?Hey guys, i expect this pair to retest the highlighted rectangular area before it resumes it's bullish momentum
algo usdt if breack out dynamic resistance then we can think about huge pump also look algo have good chart in high time frame like weekly I RECOMEND YOU BUY SOME ALGO NOW AND MORE WHEN BREACL OUT DYNAMIC RESISTANCE
BTC - Potential To Form Double Top Bitcoin looks like its going to attempt to retest the broken neckline of the head and shoulders pattern that it formed. The neckline is also located very near the trend resistance dating back to June. Today we saw a drop to the 0.236 fib level and a quick bounce back up. I would expect Bitcoin to continue to respect the fib levels, thus some key price points to look for are 53.8K - 51.3K - 49.2K - 47.2K - 44.3K. I dont know if Bitcoin will have enough steam to break above both the head and shoulders neckline as well as the long term trend resistance. If it does fail to break above those points but does at least reach them, then we would likely form a double top. If that is the case I would expect a drop to 51.3K at the minimum and 44.3K at the max. The Greed/Fear Index currently sits at extreme greed. It would make sense to squeeze out those who took late short positions before wrecking those who take long positions at resistance, but since this is Bitcoin we are talking about WHO KNOWS!
For the moment I am going to sit on the sidelines and wait for BTC to show some signs of weakness near resistance before opening a short postion. Until then I will just sit back and enjoy the action!
Thank you for viewing my post. If you like these kind of ideas - follow me for more!
BTC Dump coming?Hi guys, hope you are doing well. I'd like to discuss BINANCE:BTCUSDTPERP .
I'll go straight to the point. Basically, people think this last pump that happened last week probably means a new ATH in some time... We trade what we see, and what I see is 2 legs to the upside on the 4h timeframe, distribution in the yellow box, a false breakout and now I'm expecting a dump. Will this dump be as huge as before? Who knows, I'll take profits in the previous high. Manage your risk and only trade with money you can lose! We don't want you homeless.
#DYOR
IOTX under big resistanceif break up from the resistance level above, we could expect a bigger move up...
SRSI high, could retest 20sma or even support zone before moving up further,
If drop-down from support zone, and 200sma, we could expect more downside movement and take a short trade.
SRSI looks like it wants to print death cross.
Scalp traders could take short scalp trade if we lose support from 20sma.
Good luck traders
Btc/Usd Hello traders! For my opinion this pair is sell because is in "three drive pattern" which is waiting to be confirmed and is in "channel scheme".
Fibonacci levels show a reversal from 0.236 to 0.5, also everything that is said about bitcoin is very important.
Target one: Sell 44420.73
Don`t forget to look the economic calendar.
THANK YOU!
GOOD LUCK!
Usd/JpyHello traders! For my opinion this pair is sell because is in the "channel scheme" , "xabcd pattern" is to consolidation , and timeframe weekly is "three drives pattern " which is waiting to be confirmed.
Fibonacci and some of the indicators show a downward trend.
Target one: Sell 110.720
Target two: Sell 109.086
Don`t forget to look the economic calendar.
THANK YOU!
GOOD LUCK!
Gold outlookSince the Alltime High, we see a Downward Trend that is still valid. If we look at the range zone, we see that the Bears are exerting more and more pressure downwards and the Rangezone is shrinking. The Bulls defend They´re Supportzone at 1676. Now we had our Range between 1780 and 1745. If 1745 breaks then next Support at 1721. Strong Support we see at 1677, if Bears breake the two Support Zones.
AUD/USD Long Term Target !! #ShortAUD/USD Short Time . Its a long shot but the chances are pretty high with good risk/return ratio . Its Medium to Long term call. The pair is showing weakness and its very likely to fall. Head & Shoulders is also intact. Stop loss must be placed properly. #Head&Shoulder #ChartPatterns #Short #AUD/USD
Note: Always do your own research before taking any trade!
Short around: 0.71000
SL: 0.74500
Target: 0.62554
BTCUSD - Short Term - Cup and Handle PatternHello there,
On short term(4h) we can spot a Cup and Handle Pattern which end the move bullish.
Indicators seems bullish on short term, we have down there the RSI rising above 50.
Take care in your short positions, It s hard to say a price once break even $20.000, also consider investors with 100x Leverage, they have to be squeezed before any drop.
Thank you for your time, this is not a trading adive.
St.Gex
BITCOIN FRACTAL 2021 (Wyckoff)Do You fractal? Bitcoin is, and they do exist at least twice never thrice.
This chart will guide you on where we are, whats the dip 37.3K and then in a bullrun we will continue. Don't be left out!
FTM descending triangleFTM in descending triangle looks like found local bottom at 1.1511 that still holds price from more downside. It's obvious that BTC drop pulled FTM down, but will this hold if BTC decides to dive more? BTC D rising isn't a good side for alts also. If FTM loses this level more downside is inevitable. This kind of triangle is more on the bearish side, but its not too unusual to break up. Set alarms and wait for the next move...
BLZ big resistance overheadBLZ got multiple resistance levels overhead, resistance trendline started in March, and looks like that price respects it (one bounce down since established), 200sma daily, and 0,28 level that was support and now acting as resistance. Now in this "small" falling wedge (bullish figure). SRSI is on the top and we have a chance to move down, retest 20sma, or that support found at 0.1855. If BLZ breakout above these resistance levels we could see a big move up so it's worth setting alarms for this one. Good luck traders
EURAUD Short then Long as per Smart Money ConceptEURAUD Short then Long as per Smart Money Concept. Its all about my view, and you check for your own. It already Took supports at Double bottom and Triangle patterns trend line.
