ICEBERGafter fake market met ICEBERG it needed some time to stay above water..., someone could escape, someone not. i warned you all.
Short-long
XAUUSD (GOLD)From a short-term technical perspective, the bull flag breakout confirmed on gold’s hourly chart, suggests that the price remains on track to extend its recovery. RSI still Firm which is complimenting its firm upward move.
But in a bigger picture there is a trendline resistance area which can create a little downside rally again to completing its gartley pattern.
btc usdt 4h i think for now we are in critical area strong resistance and i daily we are have ema 20 and 50 as resistance
PERP descending trianglePERP in descending triangle, now above 200SMA and below 20SMA, also right above the support level. Expecting possible bounce up to open long trade. That position between 200 and 20SMA could be tricky for entry, price often bounces up and down from them before descision. SRSI RSI and MACD on 1hr chart look like it could go up. Could have a nice move, but you should be aware that it has a death cross printed on MACD 12hr chart, so this could be short-term trade or scalp trade only (if long). If this support is lost we could enter a short trade, breaking under 200SMA is usually a nice chance for short trade... GL traders... Needless to say that BTC could have an impact on this trade...
XAUUSD❗What will happen next📈Further price movement will occur within the support and rejection level. Now it is possible to break through the support level, if unsuccessful fixing below it - the priority of long to the resistance level.
Have a nice trade!
BITCOIN PLAN 2021 Correction Phase 3Its trash, but I like Trash.
36-38K BUYZONE incoming LATE September through Middle October 2021 - LONG there for continuation of Bullrun into Q2 2022
XAUUSD🤑 Local resistance level?📈As I said yesterday, the price is slowly approaching the local resistance level. Will the bulls have enough strength to overcome it? 50/50. I believe that with the help of a small rollback downwards, the price will still be able to break through it. If not, we will also move in the channel to a stronger support level
Have a nice trade!
GBPAUD📉Shorts priority❗The price is still in a sideways range, there is a high risk of going below the pivot points, as the price constantly retests the lower border of the sideways range and upward impulses are becoming weaker.
Have a nice trade!
DYDX falling wedgeFalling wedge, indicators look like it could go up... Careful, BTC dump would most probably invalidate this... Must use stop loss. Good luck traders
random analysis on ONT 4h time frame support and resistance lines are shown on the chart .
ONT might having a bullish flag pattern on chart which is very rare in mid-cycle bear markets so i can't consider it a valid pattern for now .
there are two bullish divergences as you can see blow :
RSI bullish divergence
MFI bullish divergence
indicators and oscillators are giving mixed up signals for example :
heikin ashi buy and sell is issuing BUY signal
but STOCHASTIC RSI is showing signs of weakness and probable correction
GBPCAD sell or buy?Please comment your ideas.
I see a break out from a reasonable support area but also maybe seeing a divergence being created to the upside.
I also see possible good news Monday for GBP with hawkish momentum.
Will wait for the retest or break back to the upside with candlestick pattern conformation.
Can Dow Jones bears hold another lower high!?Hey Traders!
We hope you all have had a fab weekend, before we begin this post we want to bring you attention to the related posts that can be found below, each of these posts is directed at video education on specific trading topics with each of them being useful to new or experience traders!
Moving back to the post about DJ30 / US30:
We are clearly in some special times right now because after over a year we finally have some fundamental action that might support a potential bearish trend in the world indices but not only do we have fundamentals, we also have technicals which suggest we have one of the BEST opportunities for shorts in a long time. I'll detail what this 1D chart of the Dow Jones tells us.
1) We have a wedge breakout, a contraction of price which is pushing towards the upside, at its top we have a lower high which was followed by a decent breakout.
2) Our fibs entry process suggests we could prepare ourselves for possible short entries on Monday, Tuesday or maybe even Wednesday, but that should be the threshold for downside
3) a major resistance (marked as "current main resistance") is right between the 30% and 21% of the current swing high to low
As traders, and a community, we are more on the "proactive" trading side, where we wait for the right information and react to it accordingly, hence we will wait and zoom in on the hourly and minute charts before we execute our potential shorts which will most likely become compounded swing trades, but until that happens we will be taking buy positions which will be in the form of day trades, but again that highly depends on what we see when the markets open on Monday!
What do you guys think will happen with DJ30?
BTC USDT i think for now we are one a support if we breack out up trend line price again atack to 50k and that time i think strongly regect 50 to 60k we have weeekly and monthly supply if regectec next support is 30k to 33900k
0.618 fib (golden pocket) $43,900 - $44,400 (BTC) Hello traders,
Just wanted to pop in with a quick update.
0.618 fib is the area of interest for me (golden pocket) which could end up printing a lower high and continue the downtrend (the high being the area we rejected from, which is the retest of the broken uptrend) or stops get front ran causing liquidations it just depends on what whales end up doing.
If we do reject and end up printing a lower low and sweeping the lows, 0.382 fib would be my area of interest.
Will post updates to this post throughout price action.
Please like/comment.
👍
ETHEREUM - potential Double topETH putting in a lower High , could see a break down of MACRO trendline, bringing price to retest support levels around
$1297. Let's hope for the holder's sake, I am wrong!
icp usdt 1h i think for now icp and whole market is bulighs and icp soon reach 56 and then if breack out (i dont think so )we have good targets and if reject we will see 37 ... good luck
XRPXRP is supported near the support area and on its 200-day ema, and if it goes back to normal and grows, it will go up to $ 2, and if this line breaks down to $ .75, there is safer support.
XAUUSD🤑 Retest support line📈At the moment, the price is just above the channel resistance level and above the support level. I expect a retest of the lower border of the level and the center of the channel, followed by a rebound to the upper border.
Have a nice trade!
EURUSD📈False breakout❗At the moment, the price is approaching the center of the descending channel. Yesterday there was a false breakout of the support level, after which there was a rebound. Further movement will be within the channel, if the center of the channel and the resistance level are not broken.
Have a nice trade!
DogeCoinDoge...... It is at the support point and is currently in a downtrend channel, and if it is supported, we can see a much higher horizon from it, and if it has a price drop, it will eventually return to .1.
But I think it best support is between 1.6 and 1.2.
BTCUSD ⚡ 45000$? 📈Now we will probably observe buyouts and then at lower TFs it will still be possible to see that with a double bottom sight 42000-43500-47000. This is ideal for bulls. But there is also a variant with rebounds from 40,000 upwards and then gradually breaking the support level with the formation of a triangle for a breakdown to 37000-38000.
Do you agree?)
Your Solldy.
USDJPY❗Exit down📈At the moment, the price has come out of the sideways downward trend and is trading in the range of 109.2-109.7. Further, if we do not break through the resistance level at 109.7, we go down, an important support block is marked in green. Both scenarios have the same chance of being realized.
Have a nice trade!
