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Short-trend

BTCUSD| Weekly S/R| PA Range| Deviation| Low Volume Evening Traders, Today’s analysis – BTCUSD- trading below its Weekly S/R where a bearish retest is probable, Points to consider, - Price Action Impulsive - Weekly S/R Resistance - Range-Mid Objective - Oscillators Oversold BTCUSD’s immediate price action is impulsive, trading below its respective Weekly S/R that is in confluence with the POC, this allows for a short-term bearish bias. The Range-Mid S/R is current support that is in confluence with the .618 Fibonacci, and the 200 MA S/R, a reaction as this level is highly probable. Both Oscillators are currently oversold, an oversold bounce is likely which will be reflected in price action. Overall, in my opinion, BTCUSD is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps Thank you for following my work And remember, “However, market analysis is not the path to consistent results. It will not solve the trading problems created by lack of confidence, lack of discipline, or improper focus.” ― Mark Douglas
BYBIT:BTCUSD.PShort
by AzizKhanZamani
2
ALPHAUSDT Range| Swing Low| Accumulation| Price Action Evening traders, Today’s analysis- APLHAUSDT- trading at a key technical range where accumulation is probable, - Price Action Range - Key Swing Low - Resistance Objective - Oscillators Neutral ALPHAUSDT’s immediate price action has an accumulation phase, allowing for a bullish bias. The structural resistance is current objective, exceeding this level increases the probability of testing the all time high. Both oscillators are neutral, maintaining their bullish control zones is indicative of strength. Overall, in my opinion, ALPHUSDT is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps Thank you for following my work And remember, “In trading, everything works sometimes and nothing works always.”
Long
by AzizKhanZamani
2
BTCUSD | Swing Failure| Daily S/R| Range| Price Action Evening Traders, Today’s analysis – BTCUSD – trading in a place of indecision, reclaiming either S/R levels will allof for a directional bias. Points to consider, - Price Action Impulsive - Daily S/R Support - Local S/R resistance - Price Action Rotation BTCUSD’s immediate price action is impulsive and remaining bullish as consecutive higher highs and higher lows are being maintained. The Local S/R is current resistance, breaking these will consecutive candle close will be deemed bullish with further upside. The Daily S/R is current support, exceeding this level will greatly increase the probability of a trend continuation. Overall, Price Action is currently in an indecision phase, supply and demand are being balanced before a further volatility expansion. As of know there is not Valid technical trade set-up of BTC for a swing position – intraday scalps are valid. Hope this analysis helps! Thank you for following my work And remember, ‘’No one strategy is correct all the time’’.- John Paulson
BYBIT:BTCUSD.P
by AzizKhanZamani
2
ETHUSDT| Daily S/R| Bearish Retest| .382 Fibonacci| Price ActionEvening Traders, Today’s analysis – ETHUSDT- trading at a key level where short term downside is probable, Points to consider, - Price Action Impulsive - Local S/R Bearish Retest - Daily S/R Objective (200 MA & POC Confluence) - Oscillators Neutral ETHUSDT’s immediate price action is trading with a bearish retest, allowing for a short term bearish bias. The Daily S/R is current objective, where a bounce is highly probable, this level is in technical confluence with the 200 MA and POC S/R. Both Oscillators are currently trading neutral, penetrating their bearish control zones will be indicative of weakness. Overall, in my opinion, ETHUSDT is a valid short with defined risk, price action is to be use upon discretion/ management. Hope this analysis helps Thank you for following my work And remember, “You’re going to learn a million things, then you need to forget them all and focus on one.” – SunriseTrader
Short
by AzizKhanZamani
4
COMPUSDT Bullish Expansion| Fibonacci Extensions| Impulse BreakPoints to consider, Preluding to the chart above, COMPUSDT’s Price Action found acceptance above the Local S/R before a strong expansion. This acceptance confirmed a Local S/R Flip Retest in a volatile zone, showing strength in the immediate short-term. The Structural S/R was immediate resistance that got breached with conviction, allowing for Price Discovery. Price Action of current is testing Key Fibonacci Extension targets that are posing as resistance. A rejection of the 1.414 Extension has occurred, increasing the probability of a relapse into the Structural S/R for a flip retest confirmation. The current Volume Profile is reading a clear influx as this rise in Price Action came to fruition. It is important for Price Action to have sustained follow through, failure will be indicative of weakness. The RSI is currently maintaining its Bullish Control Zone, remaining in these regions is acute for further upside.
Long
by CoinGape
1
BTCUSD Short Term and Swing TargetsBITSTAMP:BTCUSD Has put in a swing low at 34,385 and pulled back from that area. This area is my first target for a short position as Bitcoin continues to put in lower highs. If the lows are broken I believe Bitcoin can swing to lower support at 32,376 increasing supply in the market. The drop would serve as a part of the natural rotation of Bitcoin after a failed break at 40,000 earlier this week (likely a result of buyer shock). Furthermore, the initial drop from 41,000 greatly increased short term uncertainty in BTCUSD, and those who were convinced of moonshots to 50k-100k might be taking a breather after such a rapid drop. Take all this with a grain of salt as the market has continued to see increasing buying volume and I simply believe that 32,000 would hold as strong floor.
BITSTAMP:BTCUSDShort
by crawfordpaul