GBP - USD Deep TA - Part 2/4 - 1DGBP USD TA part 1 from the 4 parts. Overview of 1D chart and establishing key S/R levels. Also , we are stepping back a few steps and overviewing whole trend picture and direction .
Please to pay some attention to EMAs and you gonna come to clear conclusion regarding Trend… We’ve got a general picture over here and we are heading to the part 3- 4H charts for the further TA.
Can you see bouncing back from the key S/R levels? Penetrated 100/200 EMAs? Direction of trend clearly down… In the past same levels played as key levels for reverse of trend as well.Share your TA and thoughts as well please!
TA
GBP-USD Deep TA - Part 1/4 - 1WGBP USD TA part 1 from the 4 parts. Overview of 1W chart and establishing key S/R levels. Also , we are stepping back a few steps and overviewing whole trend picture and direction . We’ve got general picture over here and we are heading to the part 2 - 1D charts for the further TA.
Can you see bouncing back from the key S/R levels? In the past same levels played as key levels for reverse of trend .Share your TA and thoughts as well please!
What is happening with Bitcoin? 4H chart explained:
Falcon Waves are ABC waves that are not based on Elliott Wave concept but completely different momentum based concept. Wave A is three waves down, wave B is three waves up and wave C is 5 waves down.
Here we are looking at pattern that is unfolding into 5 waves down for completion of wave C.
Everything is marked in the chart with expectations.
I will post more chart once we reach these levels.
Deep dive for a Gold on the 1W chartsIf you had a look in the previous 1M Gold chart, you still do remember about sell possibility. Like as you see 25,25,50 EMAs taken down already. You can observe some hesitation on 100EMA and most likely after hesistation going to head for the 200EMA.
It is just main observations only and I would like to hear yours opinion and/or TA as well.
Right know we a heading for 1D charts to look closer for “our” GOLD!
Diving to deep for Gold - TA on the 1M chartsIt seams that gold “hung up” on same level as in 2011. Briefly looking, it is going to drop, at least in the near future. 1M charts pointing for the moving down and for a bit. Look to the rest charts with a TA on a different timeframes with a thought in the back of your head about sell on the 1M charts
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BTC UsdtBTC played trap game in market . on Monday monthly candle are about to close and market was in red but suddenly market pumped. It all about creating fear and panic selling in market. And also BTC want to liquidate high leverage traders.
Now Btc need to break falling wedge to become more Bullish . BTC will try to liquidate more people whose stoploss are near to 53k to 55k. Try to play safe or with proper risk management.
Have we reached the bottom yet???A brief analysis of $BTC YTD. Using a key support/trend line, we can conclude, it is possible we have not reached the bottom yet. We could see prices of $49-51K over the weekend.
This is a very strong shakeout and whales are in accumulation mode. The bears are getting to comfortable, the leveraged traders are getting liquidated, and INVESTORS are buying the dip! These shorts are about to get squeezed and I expect $BTC to rally to $100K very soon.
$MANA Thanksgiving Technical Analysis - Big UpdateMANA and SAND just formed a new chart pattern that could be bearish!
The metaverse market is down 1% and a quarter of the volume has disappeared. Big update today! What does this mean?
Big ups to the defi deshaun fam and everyone watching today! Happy Thanksgiving yall! I appreciate everyone who watches my content and follows. You rock.
Let me know down below what you think MANA will do here in the days to come.
ACH, the gem that is still hidden....ACH... If you know about it, then you know what it is... COINBASE listed this fine crypto, and it made some of us pretty wealthy. I believe in this coin, I like the press around it and the people involved with the development. This will take off soon! I wish I could guarantee it, but you know... I cant. Anyways, if you come across this video, please check ACH out and do a little research. Oh, and don't forget to take profits when you can.
THE BUILDING BLOK FOR TOMORROWYikes, look at this chart. Wouldn't you say it seems like it is about to go? I believe it is... I'm patiently waiting and have been trading it for a 20ish % return. But that is not what I am here for... I am here to say this is about to go, and of course, that is all dependent on how BTC holds up, but eventually, that should have a reversal, and we will fly! I'm excited, as I'm sure most of you all are. At this point, time is on our side, and we have the excellent opportunity to accumulate an abundance of BLOK. Please be smart with your trades. Be conservative and alert to what is going on. Check the daily VOL, reference your fundamental indicators, and of course, monitor the news. When the time is right, take profits. Anyways, just a heads up to all that is out there and watching these videos of mine. I have been trying to figure out what I should do when it comes to making this content and have concluded that every other day would be the best thing for me. You see, I'm a father of three and a finance manager, so hours are long, and most of the time when I get home, the remaining energy I have goes to my family. Also, please let me know if there are particular crypto you are interested in. Something that stands out, a "diamond in the rough." Thank you, and Happy Thanksgiving.
$MANA Technical Analysis & Price PredictionIn this video we breakdown the textbook movement of MANA on the 4h chart.
MANA found resistance at $4.30 today and is heading down trying to find support.
I give you my prediction as to where MANA will find support and how much longer it can keep this amazing bull run going.
BTC 70K EOYAs we can see from zooming out on the 1D chart, there is currently a double bottom being tested. We can see support in the 55-56K zone, which has since flipped to a support level after being the breakout resistance level from weeks ago. A back-test on this level makes sense to accumulate further and solidify the confirmation of a true higher low. The neckline resistance is sitting at 60.8K as the 61K key level may act as confirmation for continuation above. If this double bottom does not pan out we could very well see a return to the current 1D trend. In terms of the outlook of 2-4 months out, I am bullish as long as we hold trend. Whether we launch from the double bottom or need the trend for guidance above, I believe $70K is a very conservative target for 1/1/2022. Realize short-term trading can be CHOPPED during this constrained price action. Confirmation is king.
XRD (Radix) symmetrical triangleAfter a moonshot, the price will take a breath before going higher (I think). This symmetrical triangle is most of the time a continuation of the previous price action, so It's more likely the price will go higher. On the 1D the RSI is still overbought so, wait for the breakout if you're not already taken your position on Radix