Get started

Short-term

Short Term DXY DownTrendIt seems DXY is hitting resistance again with 21 EMA and downtrend line. Most likely short term if keeps closing below the trend line and EMA then DXY will keep going down, probably finding support again along the 100.196 price, and maybe bouncing off from there to break out. As for right now, it seems to be looking like DYX is inside a downtrend channel, thus it could keep going further down if doesn't break out of the channel. Which could keep good for BTC in short term, thus showing in the past when DXY is going down then BTC is going up.
TVC:DXY
by Gg23gg53
XAUUSD Gold : A short-term zoom in for today! 5.5Let's cut right to the point. Since yesterday's FED meeting Gold rallied by around $40, coming from lows of mid 1850's. Today we have a Jobless claims report which is also expected to be impactful. So let's break down the two aspects of analysis: 1) Fundamental - Inflation is here to stay, hike news yesterday were already implemented to USD before they came, only bringing USD down and Gold up, also war is getting worse, supply chain disruptions are still ongoing and Gold being a safe-haven and a hedge against all that is in a perfect fundamental position to continue to rally as it did between June 2019 to today with the weekly up-trend. 2) Technical - 1860 support horizontal was held and kept. Connecting lows show a consistent descending trend-line with a parallels resistance trend-line, creating a form of a channel. The range of this channel is between 1960 to 1845-50, a recent connecting high trend-line from the top of the channel was broken above, confirming a short-term bullish breakout possibility. The retest of this short-term breakout is between 1875 to 1885, which may or may not take place any time within the up-trend. A key level to break on the way to the peak of the channel is 1912-1919. With a break below the mid 1870's we could be going back to the bottom of the channel at around 1845-60. Today's Jobless claims and BOE report may push Gold by a few tens of Dollars, be safe and trade smart! --------------------------------------------------------------------------------------------------------------------------------------------------------------------- Thank you so much for reading! Please like and follow if you found my idea useful :) I'm here for any questions/comments and promise to respond to each and everyone of you. Hope this helps! ---------------------------------------------------------------------------------------------------------------------------------------------------------------------
OANDA:XAUUSDLong
by Exactus
Bitcoin! The war is on; Bear vs. Bull BINANCE:BTCUSDT Doing TA on Bitcoin is mostly advised against but that's not going to stop STAKK Here is our shot at the short-term and medium-term outlook of BTC; of course we all know the long-term value; in the millions. :) haha Reminder, Warren Buffett's banking investment in London now holds $BTC. Details of the strategy isn't clear yet. Australia recently approved it's first spot BTC ETF. German ministry approves the no taxation of staked coins... The adoption news continues but so as the fud. Let's not forget the latest attack on UST and LUNA which had direct implication on BTC. Does any of these news impact the price or future value of $BTC? Yes, in the short term but it shouldn't prevent traders or investors alike from looking at the short or mid-term outlook. Technical Analysis: Daily Chart EMA ( Exponential Moving Average ): The EMA's are inverted; literally upside down 200/100/50//20 EMA and pointing downwards! We've been in the death cross since April 11th. and all attempts by the 20 and 50 EMA to turns things back have failed. Prices recently fell to and below $29K a very strong support line. TTM Squeeze: TTM is steadily squeezing upward against the tide. Could this mean a stabilization of the downward pressure or reversal? We need to see the candles and RSI. Maybe even a different time frame (4hrs) RSI: Went as low as 29 (keep in mind that 30 is a great entry point especially when the slow stochastic is pointing up). But the stochastics are still pointing down; So although oversold, there is still the danger of continued lower prices although the 30 RSI is a good entry point. Fib Levels: They say, never try to catch a falling knife. The price action went as 1.618 a critical point but bounced right back up to 1.414 (not a strong support or resistant). Candle Stick: Summary of last 5 candles equate to a bullish movement. The last pairs look like a Morning Doji Star, a bullish pattern. Pattern: Looks like we have a continuation horizontal price channel in the median time. Price consolidation could mean good news especially at $29K an extremely strong support level. At the moment, I really think, it depends on what happens at this critical point. If $BTC fails to hold above $27K-$29K, it may fall as low as $19K or even $13K the next strong support lines. In the short term, given the consolidation, TTM Squeeze, RSI, and patterns we can see a push for $32 or maybe even $33K. This is supported by the 4 hr chart fib levels which shows that the current price have to cross and hold above the .382 fib levels; then terminate at $33K.
Long
by STAKKNATION
1
When youtubers talk about higher and higher, I scream ALERT 🚨🚨Hello everyone, I believe less and less in technical analysis ... After spending more than a year staring at charts and drawing lines, I realized that the stock market has an alternative to my moves every time. We can say that we have a correction, a flag that is responsible for the continuation of declines. On the other hand, we have higher and higher lows and lows, which says about the trend reversal, and of course a lot of analysts claiming that there will be no more declines. What to believe? I believe that BITCOIN will be cheap at 28k-30k and then it will be time to buy or enter futures in the long-term. I wouldn't be surprised if the price was pushed by a wick even at 24k. I sit with SHORT and wait for the Youtuber money to fall into my hands: D I must warn you about the descent because this is my vision for the near future. Don't be fooled by temptation! The plan to delete us is very simple: D Let's show them that it's growing, and they'll wake up in the morning with nothing. Remember that I may be wrong, but the truth is, this is a fight with the player on the other side of the monitor. Comment and like, Regards #buydips
Short
by SayMoney