todays BTC outlook - positive vibes BITSTAMP:BTCUSD
we are at a decision point in the pennant formation. The squeeze will result in more sideways action, expect a close not much higher than where we are right now. I do expect there to be some price swings and should offer day traders a chance to make positions on the fibs without much risk.... aside from this being a very very risky area to take anything for granted , but weve established some very clear sell off and Buy zones in this zone which is responsible for the sidways, albeit upward crawl in the channel
Sideways
Review and plan for 1st March 2024Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Review and plan for 29th February 2024 Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
TOTAL - Sideways for a yearIdk, it looks nice like this.
And because i should write something more not just that vague text at the top ... I'm writing this so I have enough characters, lol.
Anyway. Let's see how market will develop. I mean making prediction on monthly chart is beyond technical analysis.
Review and plan for 28th February 2024 Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Review and plan for 27th February 2024 Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Review and plan for 26th February 2024 Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Review and plan for 22nd February 2024Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Best Strategy For Trading Gold! Whenever you see Gold in a sideways pattern its always best to use this winning strategy.
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Nifty Side-ways for few daysEarly indication!
Nifty is likely to go sideways from here for few days.
It is yet to create proper support at these level.
Be careful with strangles and straddles, as India Vix is increasing too. You might see premiums increasing in monthly or next month series. Lets hope for a linear theta decay.
Happy Trading.
Trading TSLA while is moves sidewaysI have already published an analysis where I expect TSLA to go down in the coming few weeks.
The stock is trading sideways and one can use that movement to skim more profits.
I have used the typical support and resistance on the 4HR timeframe to develop 3 supports and 3 resistance levels. These can be traded both within the support and resistance levels or if the stock breaks through these levels as shown on the chart.
11/28/23 NAS Daily Outlook11/28/23 NAS Daily Outlook
#NAS #DailyOutlook
We took the PDL and traded into the 4H+FVG then bounced off of it as projected. We traded into and off of the W-FVG(L) again. I personally didn't catch this one from focusing on SPX's choppiness. We set the high PDH inside of the W-FVG and the low PDL inside of the 4H+FVG and left SSL inside of the NY open session.
This will be our biggest news release, however, we do have a few #FOMC speakers but not Powell. We also have Richmond Manufacturing Index numbers #RMI and the S&P/CS Composite-20 HPI y/y at 9:00am.
10:00am
USD
CB #ConsumerConfidence
101.0 102.6
#BullishCase: The bullish case is how we respond to this 1H+FVG we made during London session yesterday as we are simultaneously holding near the high of the 4H+FVG(H) near 15954.4. We should be looking for price to reach back into the W-FVG(L) and the for the PDH/PWHs.
#BearishCase: The bearish case will be how we manage the fresh liquidity left behind within the NY open session SSL($). Below that we still have the 4H+FVG that is holding us up but we'll still be aiming for the PDL lows from Tuesday and Wednesday.1H chart
4h chart
D chart:
11/28/23 US30 Daily Outlook11/28/23 US30 Daily Outlook
#US30 #DailyOutlook
No trade today! Too choppy for my liking and the price is just ranging to with entries that don't meet my requirements. We took out a PDL and tapped a PWH and made a PDH. We took liquidity from both the long (BSL) and the short side (SSL). Our closest HTF POI is the W-RB/D-OB and we're in the wicks but we haven't tapped into the body yet so, still think that this will be our POI to consider. The over night sessions were probably the cleanest but the entire NY session was choppy.
This will be our biggest news release, however, we do have a few #FOMC speakers but not Powell. We also have Richmond Manufacturing Index numbers #RMI and the S&P/CS Composite-20 HPI y/y at 9:00am.
10:00am
USD
CB #ConsumerConfidence
101.0 102.6
#BullishCase: The bullish case is the LTF BSL($) that is above us and a move into the following: WOP, price completely through the PWH, the PDH from 11/26, and into the W-RB/D-OB.
#BearishCase: The bearish case is PDH and back into the 1H+OB from 11/22 (Do you see it?). If we trade through this swing low with impulse, then I will aim for the PDLs from Thursday and Friday and then into the D-OB(L).
1H chart
4H chart
D chart
BTC USD: Sideway waited for a strong breakthroughHello dear friends!
Today, BTCUSD continues to maintain its significant price increase after rising above $28,000. This is a great sign for future price hikes.
From the analysis chart on the 1-hour time frame, it can be seen that the price is currently moving sideways within a narrow range of $28,600 - $28,200. It is expected to experience another decrease towards $28,000 in the area where EMA 89 is active, followed by a bounce back and breaking out of the current trend.
Karina's target is still $30,000. What about you? What do you think about the upcoming BTC?
Total (Crypto Market Cap) 1W until end of 2023Price is expected to move sideways until mid October between 1T and 1.115T
Starting mid October scenario is splitting into two: Optimistic and Realistic. End of October will show which scenario takes place.
Optimistic scenario includes prolonged sideways movement until start of November and consequent steady growth until the end of 2023.
Realistic scenario implies breakdown below 1T bottoming no lower than 922B and ranging there until February with possible false breakout on the edge of 2023 and 2024. Steady growth is expected no earlier than mid February 2024.
In my humble opinion, I tend to err to Realistic scenario and it is more aligned with my view of Others.
Others 1W (Crypto Total Market Cap) until end of 2023Sideways until the end of November between 101B and 124B. In December Others Market Cap may jump up to 137B - (false)breakout? Followed by (probably unsuccessful) retest in the second half of December (end of January 2024) falling down to 124B or even lower to 106B.
To be updated in January 2024...
CADJPY 1-Hour Analysis
Hey traders! 👋 Let's dive into a technical analysis of CADJPY on the 1-hour chart. We've got some interesting insights to share!
📊 **Analysis** 📊
- **Time Frame:** 1 Hour
- **Overall Trend:** Sideways
- **Divergence:** None
- **Trend Patterns:** None
- **Reversal Patterns:** None
Based on our analysis, we've identified potential buy and sell stop setups. Here are the details:
**Buy Stop Trade Plan** 📈
- **Entry:** 107.938
- **Stop Loss:** 107.828
- **Take Profit:** 108.047
**Sell Stop Trade Plan** 📉
- **Entry:** 107.576
- **Stop Loss:** 107.654
- **Take Profit:** 107.498
📊 **Trade Rationale** 📊
The CADJPY pair is currently in a sideways trend with no clear divergence or trend continuation/reversal patterns. We're looking for potential breakout opportunities.
💡 **Investment Advice** 💡
Please remember that trading carries risks, and it's essential to manage your risk accordingly. Make sure to set stop-loss orders and only invest what you can afford to lose. Also, consider diversifying your portfolio to minimize risk.
This analysis is for educational and informational purposes only. It's crucial to conduct your research and, if possible, consult with a financial advisor before making any trading decisions.
Stay tuned for updates, and happy trading! 🚀💰 #ForexTrading #TradingStrategy #InvestWisely