CAKEUSDTThe long-term upward trend line has been maintained so far, on the other hand, a tight movement has formed in the four-hour time frame.
Keep in mind that the price can break out of compression both from the top and from the bottom, depending on the type of movement in the lower time frames, it is more likely to break out from the bottom.
The confirmation of the above scenario is the price reaching the $4 range.
We would be happy to hear your comments
Shortterm
Dolla Dolla Bill Y'allI think a pullback in the dollar is imminent. It has been a perfect storm in the geopolitical world with inflation, talks of war, tough financial decisions by countries that will likely have a long-lasting effect on their financial futures. Now unless the world really goes to crap and financial systems collapse in the next week, I am unsure how much higher the dollar can go for now. As you can see UUP the Dollar Index has aggressively broken out of its channel with multiple gaps up on the daily. The repeating pattern I see is big up then a smooth woosh down into accumulation. I'm not much of an RSI guy but the pattern is once it gets overbought you can see what happens. Now I don't think the dollar will collapse yet but definitely positioning for a pullback in the near term. This obviously would-be short term bullish for stocks and risk on assets. I definitely don't think this is the highest we will see on the dollar the worst is yet to come imo but nothing goes straight up without some pullbacks. All just my opinion not financial advice my friends.
IOC's SWING IS TRAVELLING FROM SIDEWAYS BOTTOM TO SIDEWAYS TOPINDIAN OIL CORPORATION is a good stock to buy if we can hold it for 3 to 6 months. We can maintain the targets from Target-1 to Sideways Top, it is better to keep the stop-loss below sideways bottom, trail stop loss when the market moves upwards.
MOTHERSON SUMI SHORT TERM BOUNCE BACK TRADEMOTHERSON SUMI has gone down and is now in correction for its down swing, there are possibilities for it to go upwards a little bit. Now it is in channel pattern, if it breaks upward, then we can buy it. The targets ranges from Target-1 to Target-3. Trail your stop loss.
$XRPUSD | Downtrend To Previous Major SupportTook another short to catch this window with XRPUSD. I think a good opportunity here to capture this downtrend to the next major support zone as the previous closed UNDER the 20MA successfully. Also with RSI in the middle, you can look to September 18th timeframe but the difference there is XRPUSD had the 20MA, 50EMA and 200EMA to bounce off of. This time, this is not the case and has already broken one. A safe take profit is at the next short term support highlighted by the lower blue line.
Continue downtrend secondary short-termContinue downtrend secondary short-term 1:2.2
Hi, here is CRYPTALKDAYNIGHT. I'm K.
Based on the analysis in the previous article, there is a second chance of getting on the downtrend in the middle of the short-term profit holding. How should we set it up? Where should we place the original profit order as a safety pin?
Safety pin of original order : 21000
Secondary short-term
Entry : 20180-20481
TP : 18560
SL : 20969
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Short buy retrace then drop Should be expecting starting retrace then the massive drop. On the 1-4hour chart should be able to fill that small gap.. buy now and the double top should form at 22700 area if not then about 21500 should make a huge drop impact.
17,600 area need to be broken should range the drop away the target at 10K area or maybe around 12K. Let’s see how this goes because now it’s retracing.
If still waiting the buy Zone longterm it’s still going to be at 12-10K
NZDUSD Local LONG to Resistance 50% FIB RetracementWelcome back! Let me know your thoughts in the comments!
**NZDUSD - 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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1H BTC for short-term opportunity P/L ratio of 1:4.6? Divergence1H BTC for short-term opportunity P/L ratio of 1:4.6? Divergence
Hi, here is CRYPTALKDAYNIGHT. I'm K.
Trading logic
1. The big time zone is the downward trend of Lower low. The bookmaker has now swept the first SL of the shorts and is looking for an appropriate fallback.
2. The most perfect place for the correction is 0.618, so the opening price should fall at the 4H rising average price and 0.168.
3. Currently walking a bearish rising wedge, and there is a dead gap and divergence in the MACD. Can be shorted on rallies!
Short-term opportunity
Entry : 22828( 22622 - 23034) Demand Zone
TP : 18445
SL : 23754
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SHORT, DOUBLE TOP?It looks like the overall trend wants to continue to the upside, but in order to do that it has to break through the double top thats forming. In the short term im going short. Coming down off the double top supported by the downward divergence on the RSI and stochastic. Looks like some easy pips short this next week.
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Retest or ReverseHi everyone,
My last post was about BTCUSDT where I explained why we might be bullish for the rest of this week.
Looking at the chart of VETUSDT, the price has just broken the consolidation area to the downside, and we are now resting the support level to become a resistance level.
However, due to the fact that we are on a higher time frame support (or demand zone), we might witness at least a higher time-frame pullback to the upside.
In conclusion, if we see a rejection from the retest area, it means that we are going to make new lows and continue the downtrend. Although, if we get to break the area of consolidation to the upside, we might see a higher time-frame pullback which will create an opportunity to make a buy.
Not The Precious Everyone Wanted.AMZN is betting big on The Rings of Power being as successful as The Lord of the Rings.
My first impression, I fell asleep watching it both attempts.
Complete snore fest and doesn’t engage anywhere near the magnitude LOTR did.
What’s that got to do with this online retailer?
Well it’s Prime Video. The underdog in the streaming wars.
I started analyzing AMZN a few weeks ago with this 15m Ascending Triangle
A clean break down, I decided to continue AMZ 15m series to see where it goes.
And finally a warning AMZN would not be in the No Mans Land for very long and provided an SPX level.
The next move for AMZN is bound to CPI and the next FOMC like every other equity that makes up the S&P 500.
There is some bullish sentiment I’m still reviewing that could see a lower CPI print and provide a short term bottom so be cautious.
Spreads are your friend!
But I keep hearing whispers in my head. SELL. SELL. SELL!!!
Thanks for reading my perspective.
Always remember, don’t take investment advice from people on the internet!
BITCOIN PERSONAL ANALYSIS IN THE SHORT TERM (TO THE MOON!)The total evaluation for the bitcoin chart is currently bearish. Please be mindful of your risk management as always, I sincerely think we are now in for the low. We re-tested 19,500-19,800$ as much as we want with now a confirmed triple bottom. Do I still stay bearish in a macro time frame? Absolutely, since the SP500 and NASDAQ are far from actual dumping considering how bad our macro-economic factors are such as inflation rate, gas prices, food commodity prices, house sale -- in short, there is still a ton of problems.
We have already tested 20,400-20,500 multiple times, you can barely even draw an ascending triangle now and would break to 20,800-21,200$ -- From there, I see a very strong rejection, so be warned!
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ETH moving Hi guys, here is yet another idea. If we hold on, on our trend line and we do not fall under, there is a big chance of jumping up to 0.786. Otherwise, we will probably fall to 1564. Eventually 1543 can get tested as well. What do you think?
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