Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price is moving above the uptrend line, but locally we are on the verge of the downtrend line.
Let's start with the support line and as you can see the first support in the near future is $16883, if the support is broken then the next support is $16714, $16547 and $16306.
Now let's move on to the resistance line, as you can see the first resistance the price is currently facing is $16995, if it breaks out the next resistance will be $17078, $17147 and $17212.
Looking at the CHOP indicator, we see that in the 4-hour interval we still have a lot of energy for the next move, the MACD indicator indicates a local downtrend, while the volume begins to indicate an advantage on the buyers' side.
Shortterm
Bitcoin Short Term Fall / PULLBACKHello Traders and analysts
As you can see in the chart above, bitcoin price has a bearish movement, but the question will be, will it continue its trend or not?
I took a screenshot from Glassnode from a metric called the number of addresses> 1K, and this metric shows precisely what the name says. These wallets are ingenious and can lead the market movement. As you can see, these wallets are also declining; this shows that they are probably not finding this price (in this timeframe) an accumulation price, so when there are no buyers, what would happen? Yes, it will continue to correct itself.
That's my thoughts, and I think the price can have a pullback to the trendline that has been broken (Upper Yellow Trendline in the chart) by the buyers.
Note that this is a short-term analysis and only valid for a couple of days (I mean, look at the timeframe. It's 4H).
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#TATA POWER - SHORT TERM CALLS #INDUSINDBANK... ✅
INTRADAY/ Short term delivery call as well
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
XRP - USDT on 4H interval Targets and StoplossHello everyone, let's look at the 4H XRP to USDT chart as you can see that the price is moving below the local uptrend line, and within the triangle outlined by the blue lines.
Let's start by setting goals for the near future that we can take into account:
T1 = $0.3923
T2 = $0.3980
T3 = $0.4028
T4 = $0.4070
and
T5 = $0.4133
Now let's move on to the stop loss in case the market goes down further:
SL1 = $0.3865
SL2 = $0.3833
SL3 = $0.3799
SL4 = $0.3754
and
SL5 = $0.3694
Looking at the CHOP indicator, we see that there is a lot of energy for a new move on the 4H interval, while the MACD indicator indicates a local downtrend.
ADA - Long-Term and Short-Term View!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
📌Long-Term: Left Chart
ADA has been overall bearish for a while and it is now approaching a strong weekly demand zone in green.
ADA formed a valid channel in red but it is not ready to go yet!
For the bulls to take over from a long-term perspective, we need a break above the last major high in gray.
Meanwhile, until the buy is activated, ADA would be overall bearish and can still trade lower inside the demand zone .
In this case, as/if we dive inside the demand zone , we will be looking for short-term buy setups.
📌Short-Term: Right Chart
For the bulls to take over short-term, we need a break above the last major high from H4 (in orange)
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
CHZUSDT - SHORT - BEARISH DIVERGENCEHello Hello Trader ,
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Here we go ,
I want to tell you about the CHZ-USDT hidden bearish dívergence.
On this chart ,
We can see, while the price is going down, the RSI is moving up. This is called bearish divergence. So it's likely for the price to continue going lower on a short-term basis.
All further details are shown on the chart.
Goodluck!
VIX continues to show signs of a stock market topIf we capture the lows in 2018 (VERY ACCURATELY) we can see we are on pace to bounce off that bullish trend line
Trend on the VIX shows we are making higher highs and lower highs
Mid to early 2023 we should bounce off that trend line (few months of sideways price action on VIX) AND IF THE MARKET CONTINUES TO GO HIGHER AND THE VIX HOLDS THAT TREND LINE THAT WOULD BE A GREAT CONFIRMATION THAT YOU SHOULD GO SHORT.
Devils Advocate: If we break that uptrend on the VIX that its the start to a healthy bull run & now I am broke because I over leveraged on short positions.
lol
ETHUSD - 7% Increase possible - LongOn the ETHUSD 4h timeframe chart we can see that on this day the price became oversold. When looking at the Bollinger Bands, RSI, and the stochastics we can see all the indicators are matching the criteria for being oversold.
In our opinion the price will dropp a little bit lower today towards the support line. After this has happend you can take a short-term long position.
All further details are shown on the chart.
Goodluck
ETCUSD - Long - Small bounceOn the chart we can see the price is currently in oversold condition. As we can see all the three indicator are suggesting the oversold condition. So this can be an shortt-erm oppurtunity to get approximately 7% profit if this plays out.
The indicators used are Bollinger Bands, RSI and Stochastics.
See further details on the chart.
Goodluck!
DXY Bearish ContinuationDxy seems to be trending with the overall daily chart rather than the hourly chart which seems to
in an upward reversal. We are likely to see markets continue till at least 105.00 for a bearish exhaustion
or we may see market break below to create a support at 105.400 for an upward rally.
Let's keep an eye on the marked out points to see how markets react to decide on what to do.
All the best!
Buy and Hold ? Look at altcoins, BTC and the marijuanaFor the younger generation and many others, if you bought and held some specific sectors...you have been rekt. Sorry!
ACB?
WEED?
SCRT?
BTC?
BABA?
SCRT has been on an incredible ride, which we took very advantage off. See my related idea below about SCRT going to 8$. There is a moment to be in and a moment to be out. Buy and hold may be good strategic in some cases but there seem to have a negative view of the traders mindset. Those whose play the game of swings and emotions as well as rationalise via technical and fundamental indicators. We each have our own strategic way of using the financial system. To me, the last couple of years demonstrated how risky it is to buy and hold. My trades were on those sectors mentioned. If I held any of my past positions. I would not be near where I stand today. Probably because I seek risk asset. But that's also where a lot of money can be made.
It depends on your risk tolerance. A good technical trader that knows how to deal with its emotions and follow the hype will beat the market and exceed any long term trading mentality. You have to play the game. And you can get good at it, not like the casino. It's more, are you that type of person?
I think now might be a good time to get your toes in the water in some assets you are interested in. There is still downturn possibility. Just be patient.
ETH / USDT 4HChart - Resistance And SupportHello everyone, let's look at the ETH to USDT chart on the four hour timeframe. As you can see, the price is moving in a triangle marked with yellow lines, which means we are close to leaving this triangle.
Let's start with the support line and as you can see, we first have a strong support zone from $1175 to $1133, if the support is broken then the next support is around $1075.
Now let's move on to the resistance that the price has to fight when it starts to rise, as you can see the first resistance is the $1277 to $1350 zone, if it breaks out the next resistance will be $1474.
Looking at the CHOP indicator, we see that in the four-hour interval, the energy is used, the MACD indicator indicates that we have entered a local downtrend, and looking at the volume, there is little interest and that the last 4 hours were dominated by sellers.
It is worth bearing in mind the information about the hacker who, after stealing ETH from the FTX exchange accounts, slowly began selling the stolen funds.
AUDNZD I Here's what to expect next week!
Welcome back! Let me know your thoughts in the comments!
**AUDNZD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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