USDTUSD points out BTCUSDT price directionhi there, fellows.
we've noticed a very peculiar relationship between USDTUSD and BTCUSDT pairs.
since late june USDTUSD prices have served as gauge to short term future moves of BTCUSDT.
notwithstanding, we're at the longest divergence between the two within this period.
that hints us to expect a near term up move on BTCUSDT to the mid of the channel, at around 23k, 23k5 within this week.
it's absence might mean that this relation have been broken.
we're not considering BTCUSDT driving USDTUSD for as it was BTCUSDT who moved to catch up with USDTUSD curve.
another argument is the enormous daily volume that USDT has, far superior to the one of BTC.
thank you.
Shortterm
MATICUSDTHello my dear friends
Previously, we had a shopping analysis together and according to the analysis, we also ate Target (;
As soon as we reach the target range, we updated an analysis on the previous analysis, which we expect to form a corrective trend.
Our correction process is not yet complete.
If the range of $0.8891 is completely consumed, we expect a reaction in the range of $1.0032. It seems that we can make a good profit by observing the specified loss limit.
We would be happy to hear your comments.
Short term pick for upto 100% returns.NSE:NAZARA
one of the best companies at very cheap valuation we can see a gap on the chart which shows us high selling level from upside and now we have also seen high buying level so we can consider a buy side from this level for target of previous selling level.
Daily short review of BNB interval 1HHello everyone, let's take a look at the 1H BNB to USDT chart as you can see the price is moving in the local downtrend channel.
Let's start by setting goals for the near future that we can consider:
T1 - $ 309
T2 - $ 311
T3 - $ 313
T4 - $ 315
and
T5 - $ 318
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 307
SL2 - $ 304
SL3 - $ 302
SL4 - $ 300
and
SL5 - $ 297
Looking at the CHOP indicator, we can see that energy has been consumed in the 1H range, while the MACD indicator shows that the blue line is approaching the intersection of the red line from the bottom, which would confirm the local upward trend.
ETHUSDTHello my dear friends
I'm not very familiar with harmonic patterns, but according to price action, the price should enter a very quick correction.
It must be released from this state of compression.
If we want to look at the chart from a different point of view, it seems that if the price range of $1,655.52 is completely consumed and the first target of the pattern is hit, by observing the loss limit, we can reach the specified range (1,726.24 $) enter into the transaction.
We would be happy to hear your comments
Simple Ascending TrianglesJust a look at some ascending triangles forming on the BTC chart over the last couple of weeks. It just touched on the bottom trend line again in the past 24 hours, so I'm looking for a bounce up from here to the upper line. If we break below, than the triangles fall apart. Also looking for volume to increase as the lines converge, for a break to the upside. Otherwise, low volume could see the price reverse. I will be keeping an eye out for these triangles to narrow over the next week or two before reaching a head. This is a borderline rising wedge shape, but seeing as it is relatively flat on the top line, and the rising price from the prior two weeks, this looks to be a continuation in my eyes.
If the price does rise to the vertex, it should bring the price just above a big resistance level, and seeing as there isn't much resistance beyond that from ~$26k to ~$28k, breaking that could be more impetus for the price to break to the upside.
USDCAD Local Buy from Support Welcome back! Let me know your thoughts in the comments!
**USDCAD - 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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time to sell euro!In the few past days, the price has taken a secondary sideways trend, which is a temporary period until it completes the decline,
*Failed to break the resistance.
*15-minute uptrend break
*The main trend is down
*Overbought RSI
*moving average
*retest the previous resistance
good setup to go short