USDCHF Double Bottom, Swing Low, Price Action, Trend Evening Traders,
Today’s analysis – USDCHF – trading at a potential double bottom formation where a bounce is probable,
Points to consider,
- Price Action Corrective
- Double Bottom Support
- Structural S/R Resistance
- RSI Oversold
USDCHF’s immediate price action is trading at a key location that has equal lows, allowing for a bullish bias.
The Structural S/R is current resistance, testing this level is highly probable once a bounce get on the way.
The current RSI is over-extended, a reversion it is mean is likely from current extended regions.
Overall, in my opinion, USDCHF 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,
“It’s OK to be wrong; it’s unforgivable to stay wrong
Stochastic Oscillator
NEARUSDT Elliot Wave| ABC Correction| Price Action| Trend Evening Traders,
Today’s analysis – NEARUSDT- trading in a potential Elliot Wave where a correction is probable,
Points to consider,
- Price Action Impulsive
- Wave 5 Completion
- ABC Correction
- Low Volume
- RSI Bullish Control
NEARUSDT’s immediate price action is trading in an Elliot Wave structure completing a potential WAVE 5 for an ABC Correction.
The current volume profile is below average, an influx is highly imminent on the next expansion.
The RSI is current trading in its bullish control territory, breaking below its 50-Mid Line is indicative of weakness.
Overall, in my opinion, NEARUSDT is a valid short with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“Accepting losses is the most important single investment device to insure safety of capital.” – Gerald M. Loeb
SOLUSDT Local S/R| .618 Fibonacci| Price Action| Trend Evening Traders,
Today’s analysis – SOLUSDT – trading towards a key trade location where a bounce is probable,
Points to consider,
- Price Action Impulsive
- Local S/R Support
(.618 Fibonacci Confluence)
- Low Volume
- RSI Bullish Control Zone
SOLUSDT’s immediate price action is impulsive and is trading towards its Local S/R that has technical confluence with the .618 Fibonacci, allowing for a bullish bias.
The current volume profile is below average, an influx is highly needed for an expansion.
The RSI is currently trading in its bullish control zone, remaining in these regions is indicative of strength.
Overall, in my opinion, SOLUSDT 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,
“Win, loss whatever emerges in the short-term, place and manage your next trades untouched, unattached... always keeping your eyes on the long-term picture.”
― Yvan Byeajee
SENATE Range High| .618 Fiboancci| Price Action| Trend Evening Traders,
Today’s analysis – SENATE – trading at a key trade location where an impulse to the highs is probable,
Points to consider,
- Price Action Corrective
- Range High Support
- Swing High Objective
- Low Volume
SENATE’s immediate price action is trading at the Range High that is in confluence with the VWAP S/R and the .618 Fiboancci, allowing for a bullish bias.
The Immidiate objective is the Swing High, exceeding this level will lead to a trend continuation.
The current volume profile is below average, an influx is highly imminent when testing a key trade location.
Overall, in my opinion, SENATE 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,
Timing, perseverance, and ten years of trying will eventually make you look like an overnight success. – Biz Stone
EGLDUSDT .618 Fibonacci| Price Action| Trend| Trade Evening Traders,
Today’s analysis – EGLDUSDT – trading at a key technical location where a bounce is probable,
Points to consider,
- Price Action Impulsive
- .618 Fibonacci Support
- VWAP S/R Support
- Low Volume
EGLUSDT’s immediate price action is contracting on a key support level that has technical confluence with the .618 Fibonacci and the VWAP, allowing for a bullish bias.
The current volume profile is below average, an influx is highly imminent on the expansion.
The immediate is the Daily S/R, exceeding this level will lead to a trend continuation.
Overall, in my opinion, EGLDUSDT 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,
“What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower.” – William O’Neil
SHIB Long| Range Support| Bullish Continuation| .618 FibonaccEvening Traders,
Today’s analysis – SHIBUSDT – reclaiming its range, a retest of support will allow for a long entry with defined risk.
Points to consider,
- Immediate trend bullish (consecutive higher lows)
- Range support confluence (.618 Fibonacci)
- Range resistance target
- Oscillator neutral
- Volume below average
- Long retest (risk defined)
SHIBUSDT’s immediate trend is bullish with consecutive higher highs and higher lows. This gives us a bias that any impulse sells and oversold conditions are for buying.
The range support is a key level that has been reclaimed; price is likely to retest this level as it is in confluence with the .618 Fibonacci. Range resistance will be the immediate target, breaking this level will be very bullish, continuing the trend.
Oscillators are both neutral, remaining above their respective 50 level; this indicates bullish momentum in the market.
The immediate volume is below average, this must increase for continued follow through, price action needs to be back with conviction.
Overall, in my opinion, SHIBUSDT is probable to retest local support which will allow for a long entry with defined risk.
Price action breaking below range support will negate the trade.
What are your thoughts?
Thank you for following my work!
And remember,
“Ultimately, consistent profitability comes down to choosing between the discomforts you feel when you follow your plan and the urge to let yourself be captures ( and ruled) by your emotions.” ― Yvan Byeajee
GALBTC .618 Fibonacci| PA Range| Low Volume| Trend Evening Traders,
Today’s analysis – GALABTC – trading at a technical location where as bouncer is probable,
Points to consider,
- Price Action Corrective
- .618 Fibonacci Support
- Range High Objective
- Low Volume
- POC Resistance
GALABTC’s immediate price action is corrective and is trading in an equilibrium where a breakout is probable, allowing for a bullish bias.
The current resistance is the POC, breaking this level is critical for a continuation to the range highs.
The current volume profile is below average, an influx is needed for a trend continuation.
Overall, in my opinion, GALABTC 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,
“You have power over how you'll respond to uncertainty.”
― Yvan Byeajee,
SOLBTC Rising Channel| PA Range| HTF Levels| Trend Evening Traders,
Today’s analysis – SOLBTC – trading at a range high where a rotation towards the downside is probable for a long play,
Points to consider,
- Price Action Impulse
- Weekly S/R Resistance
- Daily S/R Support
- Low Volume
SOLDBTC’s immediate price action is impulse and is trading at a key weekly resistance, thus a rejection is probable to the lower daily support where there is technical confluence with the POC and the .618 Fiboancci, allowing for a long bias.
The current volume profile is declining, thus an impulse in volume is likely on the next expansion.
The RSI is trading at neutral, remaining in its bullish control zone is indicative of strength.
Overall, in my opinion, SOLBTC 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,
“The obvious rarely happens, the unexpected constantly occurs.” – Jesse Livermore
TLMUSDT Local S/R| .618 Fibonacci| Price Action| Trend Evening traders,
Today’s analysis – TLMUSDT – trading towards a key level of support where a bounce is probable,
Points to consider,
- Price Action Corrective
- Local S/R Support
(.618 Fibonacci Confluence )
- Swing High Objective
- Low Volume
TLMUSDT’s immediate price action is corrective and is trading towards a technical trade location that has confluence with the Local S/R and the .618 Fibonacci, allowing for a long bias.
The swing high is the immediate objective, exceeding this level will lead to a trend continuation.
The current volume profile is below average, an influx will be indicative of the next expansion.
Overall, in my opinion, TLMUSDT 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,
‘’No one strategy is correct all the time’’.- John Paulson
SFPUSDT Local S/R| 200 MA| Price Action| Trend Evening Traders,
Today’s Analysis – SFPUSDT – trading with a potential trend trade if current support holds.
Points to consider,
- Price Action Corrective
- Local S/R Support
- Swing High Objective
- Low Volume
SFPUSDT’s immediate price action is corrective and is trading at a trade location that has technical confluence with the current 200 MA, allowing for a bullish bias.
The immediate objective is the swing high, exceeding this level will lead to a trend continuation.
The current volume profile is below average, an influx is highly imminent when testing a trade location.
Overall, in my opinion, SFPUSDT 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,
“The big ones take the psychology out of the game. Have a game plan, and stick to it.” Tim Erber
IOTAUSDT Daily S/R| Price Action| Trend| Support Evening Traders,
Today’s analysis – IOTAIUSDT- trading at a local resistance where a pull back into support is probable,
Points to consider,
- Price Action Impulsive
- Daily S/R Support
- Low Volume
- RSI Neutral
IOTAUSDT’s immediate price action is impulsive, a corrective into the Daily Support allows for a bullish entry.
The current volume profile is below average, an influx is needed for a strong trend continuation.
The current RSI is netrual, remaining in its bullish control territory is indicative of strength.
Overall, in my opinion, IOTAUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis help,
Thank you for following my work
And remember,
“Never let a win go to your head, or a loss to your heart.” – Chuck D.
LITUSD Falling Channel| Local Ob| Price Action| Trend Evening Traders,
Today’s analysis – LITUSD – trading in a local down trend where follow through is probable,
Points to consider,
- Price Action corrective
- Local OB S/R Resistance
- Daily S/R Support
- RSI Divergence
LITUSD’s immediate price action is corrective and is trading under a Local OB allowing for a bearish bias.
The Daily S/R is the immediate support, testing this level will allow for a potential bounce.
The RSI has a bullish divergence forming, playing out will be indicative of strength in price action.
Overall, in my opinion, LITUSD is a valid short with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“Genuine acceptance that there will be losses on your way to market success will greatly decrease the hurt when they eventually come.”
BTCUSD Price Action Channel| .618 Fibonacci| Volume| Trend Evening Traders,
Today’s analysis – BTCUSD – trading in a local channel where a run of the lows is probable,
Points to consider,
- Price Action Corrective
- .618 Fibonacci Support
- Channel low Support
- Low Volume
BTCUSD’s immediate price action is corrective and is approaching an area that has technical confluence with the .618 Fibonacci and Channel Low support, allowing for a bullish bias.
The current volume profile is below average, an influx is highly imminent when testing a key trade location.
Breaking out of the channel will be indicative of strength, thus in search of liquidity.
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,
Timing, perseverance, and ten years of trying will eventually make you look like an overnight success. – Biz Stone
YGGUSDT Price Action Range| Range Low| Volume Influx| Trend Evening Traders,
Today’s analysis – YGGUSDT – trading at its range low where a rotation to the highs is probable,
Points to consider,
- Price Action Corrective
- Range Low Support
- Range High Objective
- Volume Influx node
YGGUSDT’s immediate price action is corrective and is trading at range low, allowing for a bullish bias.
The range high is the immediate objective, exceeding this level lead to a trend continuation.
The current volume profile has a climatic node, follow through is necessary in volume to sustaion strength.
Overall, in my opinion, YGGUSDT 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,
“Focus, patience, wise discernment, non-attachment —the skills you acquire in meditation and the skills you need to thrive in trading are one and the same.”
― Yvan Byeajee
CHZUSDT Price Action Range| Bullish Order Block| Trend| Volume Evening Traders,
Today’s analysis – CHZUSDT – trading and a key trade location where a rotation back to the highs is probable,
Points to consider,
- Price action corrective
- Bullish OB Support
- RSI over-extended
- Swing High Objective
CHSUSDT’s immediate price action is corrective and is trading at a key trade location that has technical confluence with an order block, allowing for a bullish bias.
The current RSI is overextended, a reversion to its mean is highly probable, this will hold current support.
The current volume profile is below average, an influx is needed to avoid false expansion moves.
Overall, in my opinion, CHZUSDT 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,
“Don’t blindly follow someone, follow market and try to hear what it is telling you.” ― Jaymin Shah’
SANDUSDT Daily S/R| Price Action| Trend| .618 Fibonacci Evening Traders,
Today’s analysis – SANDUSDT – trading at a key trade location where technical confluence is present,
Points to consider,
- Price Action Corrective
- Daily S/R Support
- Weekly S/R Objective
- Low Volume
- Trend
SANDUSDT’s immediate price action is trading at a key trade location that has technical confluence with the Daily S/R, and the .618 Fibonacci, allowing for a bullish bias.
The immediate objective is the Weekly S/R, exceeding this level will lead to a trend continuation.
The current volume profile is below average, an influx is highly imminent when an expansion occurs.
Overall, in my opinion, SANDUSDT 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,
“There are no guarantees in trading. The sooner you accept that you sooner you can release your expectations and focus unconditionally on a proven process.”
― Yvan Byeajee
IKVUSDT Price Action| Trend| Falling Wedge| Support Evening Traders,
Today’s analysis – ILVUSDT- trading in a clear falling wedge pattern where a break bullish is probable,
Points to consider,
- Price Action Corrective
- Local S/R Zone Support
- Local S/R Resistance
- Low Volume
ILVUSDT’s immediate price action is corrective and is trading at a key trade location that has technical confluence with the support zone, allowing for a bullish bias.
The Local Resistance is the main objective, exceeding this level will lead to a trend continuation.
The current volume profile is below average, an influx is highly imminent when testing a key trade location.
Overall, in my opinion, IULVUSDT 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,
“Amateurs think about how much money they can make. Professionals think about how much money they could lose.” – Jack Schwager
SOLUSDT Weekly S/R| .618 Fibonacci| Price Action| Trend Evening Traders,
Today’s analysis – SOLUSDT – trading at a technical trade location where a bounce is probable,
Points to consider,
- Price Action Corrective
- .618 Fibonacci Support
- VWAP S/R Support
- Low Volume
- Daily S/R objective
SOLUSDT’s immediate price action is trading at a key trade location that is in technical confluence with the .618 Fibonacci and the VWAP S/R, allowing for a long bias.
The current volume profile is below average, an influx is highly imminent on an expansion.
The current objective is the Daily S/R, exceeding this level leads to a trend continuation.
Overall, in my opinion, SOLUSDT 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,
“Only The Game , Can Teach You The Game” – Jesse Livermore
ETH Exchange Trading 21-12-12I need price to make a lower low or a higher high. It recently visited teh 78.6% zone again and went out but has not been far out of the zone this time. It's almost there again so maybe this time it will fall through. I would wait to see what price does before trading ETH at this time.
DOT Exchange Trading 21-12-12DOT has broken down out of the 50% level twice but the 61.8% seems to be holding pretty well on the daily. For that reason, I am only showing the relevant part of the chart in this image. It does not look like price is going to drop below the $26 level. It has been there twice in the past few days. However, we are looking for a higher high around 31.65 before I would consider buying.
BTC Exchange Trading 21-12-12BTC is nearing the 78.6% zone again. It already retested it once. We don't have a lower low yet. That would be a good indication that price is still coming down. If we get a close around 46k that would show some solid downward momentum. Otherwise, price may just go right back up.
ADA Exchange Trading 21-12-12I am using the Daily chart because the Hourly does not give a good picture. Price is currently back in the Daily 78.6% zone. It is falling again so the entry may be found on the lower time frames. Look at the M30 or M15 for a good entry. Price went past the 88.6% level and then came back into the zone, went pretty high up into the zone but did not make a new Higher High (HH) we only have Lower Highs (LH). I am still waiting for that entry around $1.00 where the Drop-Base-Rally is to the left. Unless price does not create a new Lower Low around 1.15 or 1.10 and then comes out of the 78.6% zone. Then I would take an entry around 1.50 as price came out of the zone with a strong engulfing candle.
Additionally, the stoch looks overbought so price should continue to fall until we see an oversold condition.