HelenP. I Ethereum can make retest and then bounce up to $2355Hi folks today I'm prepared for you Ethereum analytics. If we look at the chart, we can see how the price some days ago declined to the 2325 resistance level, broke it, and fell to the support zone, which coincided with the 2180 support level. After this, ETH started to trades in an upward channel, where it first rose to the resistance line, which coincided with the resistance level, and then declined until to the trend line, breaking the 2180 level. But, after this movement, the price in a short time and even later rose to the 2325 level again, but soon ETH rebounded and made a correction back. After this, Ethereum made impulse up to the resistance line, breaking the 2325 level, which coincided with the resistance zone, but the price couldn't fixed and declined below the 2325 level. The price some time traded near this level and later broke it again, after which ETH in a short time declined until to support level, thereby breaking the trend line and exiting from the upward channel. A not long time ago price rose back to the trend line, broke it, and now trades near. For my mind, Ethereum can make a retest and then continue to grow to the resistance zone, breaking the resistance level. That's why I set my target at this zone - 2355 level. If you like my analytics you may support me with your like/comment ❤️
TA
HelenP. I Bitcoin can break support level and fall to trend lineHi folks today I'm prepared for you Bitcoin analytics. Some days ago price declined to the trend line and then rebounded and in a short time rose to support 2, which coincided with the support zone. Soon, BTC broke this level and started to trades in consolidation, where it first rose to support 1, which coincided with the resistance zone, but at once rebounded back to support 1. Then price three time tried to rise, but only the third time, when BTC declined to the trend line, it rebounded and made a strong impulse up to 45850 points, thereby breaking support 1, and exited from consolidation. After this movement, the price made a correction to the 44650 - 45200 resistance zone, and not long time ago it rebounded from this zone. But now, BTC trades in this zone again, so I think that the price can fall to the support level and try to break it. If Bitcoin breaks this level, it will continue to decline, therefore I set my target at the 42550 level, which coincided with the trend line. If you like my analytics you may support me with your like/comment ❤️
HelenP. I British Pound can rebound up from support levelHi folks today I'm prepared for you British Pound analytics. A few time ago price rose to the 1.2620 support level, which coincided with the support zone, but at once rebounded and in a short time declined to the trend line. After this, the price rebounded from this line, started to trades in a triangle, and made a strong impulse up to the 1.2785 resistance level, which coincided with the resistance zone, thereby breaking the 1.2620 support level. Then GBP bounced from the resistance level and made a correction to the support level, which coincided at moments with the trend line, after which the price rebounded and rose until to resistance zone. But soon, GBP fell back to the trend line, making a fake breakout of 1.2785 level and even recently broke this line, thereby exiting from the triangle pattern and declining to the support level, where it continues to trades near now. For my mind, the British Pound will decline to the 1.2620 level, rebound, and start to move up. That's why I set my target at the 1.2725 level. If you like my analytics you may support me with your like/comment ❤️
EURO - Price can make little correction and then bounce upHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Recently price started to trades in rising channel, where it soon reached $1.0670 support level, which coincided with support area.
After this, Euro broke this level, made retest, and rose to next level, which coincided with support area.
In a short time, Euro broke this level, but later it started to decline and fell lower this level to $1.0730 points.
Then Euro entered to new rising channel, where it rose back to $1.0920 level, broke it, and continued to move up.
When price reached resistance line of channel, it bounced down to support line, where EUR continues to trades now.
I think Euro can decline to support level, after which price will bounce up to $1.1130, making fake breakout.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
HelenP. I Gold can rebound up from support zone to $2090Hi folks today I'm prepared for you XAUUSD analytics. If we look at the chart, we can see how the price a few days ago declined from support 2, which coincided with the support zone to the trend line. After this movement, the price rebounded from this line and made impulse up back to support 2 and soon broke this level. Also, Gold started to trades in a wedge, where it rose to the resistance line, but in a short time made a correction back to support 2. After this movement, the price rebounded from this level and continued to move up to support 1, which coincided with one more support zone. When XAU reached this level, it first made little correction and then rebounded higher than support 1, thereby breaking it. Next, the price rose to the resistance line of the wedge, but a not long time ago it rebounded back to the trend line and also soon broke it, exiting from the wedge too. Now Gold trades near the support zone and I expect that the price can decline to this zone, where it will reach the support level, after which Gold rebound and start to move up. That's why I set my target at the 2090 level. If you like my analytics you may support me with your like/comment ❤️
After strong upward impulse, BTC can make correction to 44150Hello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price some days ago reached the resistance line of the downward channel, which is located in the support area, but at once rebounded and continued to decline in the channel. Later BTC fell to the support level, which coincided with the support line of the channel and buyer zone, but then the price rebounded and made impulse up to the resistance line. After this, Bitcoin bounced and declined until to support line of the channel, thereby breaking the 42000 level, but soon price rebounded and rose back, making a fake breakout of this level. Next, the price some time traded near the 42000 level and later rebounded up to the resistance line of the downward channel. In a short time, BTC exited from the channel and made a strong upward impulse to 45900 points, thereby breaking the 44150 level, which coincided with the support area. Recently it started to decline and possibly Bitcoin can make a correction to a current support level. For this case, I set my target at this level - 44150. Please share this idea with your friends and click Boost 🚀
HelenP. I Euro can decline to support zone and then bounce upHi folks today I'm prepared for you Euro analytics. A few days ago price rebounded from the trend line and started to rise to support 2, which coincided with the support zone, but when it reached this level it at once rebounded below the trend line, breaking this line. After this, the Euro in a short time backed up and even soon broke support 2, after which it made a retest. Then the price tried to rise but failed and fell to support 2, and then it rebounded from this level and made a strong upward impulse to support 1, which coincided with one more support zone. After this movement, the Euro rebounded from support 1 and declined firstly to the trend line and a few moments later it fell lower this line, breaking it. But soon, the EUR rolled up and made impulse up to the support zone, thereby breaking support 1 too. As well recently, the price made a correction to the support zone. Now price continues to trades near the support area and for my mind Euro can decline lower than the trend line to the support zone and after this price can rebound up to the 1.1150 level. If you like my analytics you may support me with your like/comment ❤️
HelenP. I Ripple can break trend line and then fall to $0.6050Hi folks today I'm prepared for you Ripple analytics. A few days ago price rebounded from the support level, which coincided with the support zone and made a strong impulse up to 0.7000 points, thereby breaking the 0.6450 level. But after this, XRP in a short time declined back, and even fell to the support zone, after which it at once rebounded and started to rise. When Ripple rose to the resistance level, which coincided with the resistance zone, it made impulse down to the trend line, breaking the 0.6050 support level. Then the price bounced from this line and started to move up back and soon, it broke the 0.6050 level again, made a retest, and later rebounded up to the resistance level. After XRP reached this level, it made a correction to the trend line and then reapeted movement up to 0.6450 level, but recently it fell back to the trend line. At the moment price trades near this line and I expect that Ripple can break the trend line and continue to fall to 0.6050 support level, therefore I set my target at this level. If you like my analytics you may support me with your like/comment ❤️
Bitcoin can rebound up from support line to resistance levelHello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price some days ago rose in an upward channel, where it reached the 37700 support level, which coincided with the buyer zone, but firstly it rolled down to the support line of the channel. After this, BTC bounced up to the 37700 level, broke it, and later made a retest to this level. Next, the price entered a triangle, where it rebounded from the support line, which coincided with the support level and made an upward impulse to the resistance level, thereby exiting from the channel. When, BTC reached the 44300 resistance level, which is located in the seller zone, the price at once rebounded and made a correction to support line of the triangle. Then price tried to rise back, but after which Bitcoin reached the seller zone, the price declined back to the support line of the triangle, where it continues to trades near to this day. In my mind, Bitcoin can fall to this line, making a correction again, and then price rebound up to the resistance level. So, this is why I set my target at the 44300 level. Please share this idea with your friends and click Boost 🚀
Flow (Bullish)(4hr)We've seen a healthy pull back, some ranging around the fib, after breaking down looks like it's gonna uptrend back and reject the breakdown, rejections come with some serious price movement in the adverse direction.
The way volume is still on a healthy increase, i'm going with we'll be on our way back up shortly!
Psychology of the Bitcoin Chart The Bitcoin chart is a fascinating piece of art. Everyone seems to trade it, but they know it will constantly out-perform every currency worldwide. Bitcoin has recently made new highs in other currencies, but nobody seems to understand, and want to only chart it in the U.S. Dollar, What they don't understand, is that "1 Bitcoin = 1 Bitcoin, Always & Forever " .
Historically, we have always commenced a bull-market with a Rising wedge pattern, which is usually defined as bearish. This is also known as a "Bear Trap". I have highlighted these trends with large yellow circles & trendlines.
While searching the Bitcoin chart for any signs of a correction or bull market, I noticed something extraordinary. Bitcoin seems to have the same cycle every bull market. There are always 11 points to a bull market. I have highlighted these with Small circles & Path's.
1. The Anticipation Phase
Early signs of a bullish trend, marked by a brief dip that tests investor nerves.
2. Initiation of Correction
The beginning of a corrective phase, as the market adjusts from initial gains.
3. Shaking Out Weak Holders
A phase where less committed investors exit the market, leaving behind those with stronger conviction.
4. Euphoric Climax
The peak of optimism in the bull market, often characterized by significant price highs.
5. Maximum Fear Drop
A sharp decline creating a moment of maximum fear, testing the resilience of market participants.
6. Recovery Attempt
A temporary rebound from the initial peak, resembling a "dead-cat bounce."
7. Confirmation of Correction
A confirmation that the correction is ongoing, establishing a new low in the market.
8. Second Peak or Further Correction
A subsequent attempt to reach new highs or a further correction, shaping the overall market trajectory.
9. Preparations for Final Drop
The last descent before a potential significant downturn, often associated with heightened uncertainty.
10. Illusory New Bull Market
A deceptive rebound, leading some traders to believe a new bull market is beginning when, in reality, it marks the end of the current cycle.
11. Oversold Territory:
The most extreme point of a bullish cycle, signaling the imminent transition into a bear market phase.
Thank you, everyone, for taking the time to read this. My hope is that this provides reassurance and empowers everyone to make informed decisions, seizing the opportunity to secure profits at the peak.
The Bull Market Has Begun.
INTC in depth TA - INTEL bullish?hey guys its amir whats up?
so NASDAQ:INTC let analyze:
first of all ill start by saying that intel is on uptred for over 6 months. now lets get into details:
- you can see that intel is trading in a uptrend channel for over 6 months, every time the price touched at the bottom trend line the bounced up and every time it touched the upper trend they dropped down, we recently touched the bottom trend line and the price did bounced from there.
- we have on the way up some more major supports and resistances right now the price is in the middle of a support and resistance so for perfect entry ill wait till the price will reach to one of the cyan x's which marks solid entries points.
- lets talk about the MA's, first the 50MA, clear uptrend. 200MA, turned uptrend 3 months ago.
Now lets look at our indicators:
- RMACD crossed bullish about two weeks ago, and now losing a lot of momentum so I think we should wait the RMACD to make a bearish cross and wait till its will cross bullish again, or to see if the momentum is getting stronger in the coming days.
- Volume tells me that its better wait a bit more to see what is going on there.
- good buying pressure moves between moderate and strong buying pressure.
so in conclusion i'd say that now the best thing to do is to wait a little more at least till the price will reach to one of these cyan x's and there we can manage the risk reward in our favor.
price prediction is about $40
Amazon TA -Swing Idea - Going up?hey guys its amir whats up?
so NASDAQ:AMZN first of all its not a secret that amazon its an absolute monster company, one of the strongest of them all. So lets analyze:
- Amazon just touched a support trendline since 2018 acts as support and got bounced (also daily time frame closed hammer candlestick, ill see later how I upload to this idea more updates in different time frames)
- price touched fib 0.328 which perfectly sits on the trendline and bounced from there.
- 50 MA getting a bullish shape (not strong yet but still attempting to go bullish) and 200 ma shows a fight between bulls and bears but still the bulls are dominating.
- we see that we are getting buying pressure (bottom indicator marked by arrows and circles)
- I see that the volume in the about 6 months is actually very controlled and stable which is pretty good I mean you dont want huge spikes and flip flops keep it stable all the way the better. Since April 22 you can see in the volume that the bears were in control, watch at all the red bars and watch the drop of the stock in that area. and for the last few months they just fade away in a stable way.
// so to summerize, I do think that AMZN have great stracture, and they have more room to push forward in the coming weeks/months.
maybe to get inside the trade right now its a bit early because needed some more confirmations, but I probably will enter now because I can set my stop loss very close and if its will reach than not a big deal just cut it, and if I'll have more confirmations soon i will add more to the position.
The main TP points are : 147.73, 163.50, 177.76
for me great risk reward trade.
let me know what you think guys <3
$DYDX : Cultivating Opportunity: An In-Depth AnalysisA comprehensive analysis of CRYPTOCAP:DYDX , presently valued at $2.36 as of the current writing, unveils a series of significant patterns and indicators. Most notably, an intricate Triple + Double bottom formation has materialized, complemented by a consistent series of ascending peaks and troughs in the Relative Strength Index (RSI). This steadfast progression is further underscored by the multitude of price interactions with resistance thresholds. Contextualized within the backdrop of Bitcoin's lateral or ascending movement, discernible price milestones come into focus, including $2.92, $3.70, and $4.52. Beyond these intermediate benchmarks, the prospect of a substantial surge, potentially reaching $6, emerges as a distinct possibility.
#NFA
BTC Professional Analysis on $Bitcoin Weekly #NFAMake it or break it moment is right here.
40k+ breaks channel or 9k if failure here. Just like the old-school game of pong, once that ball bounces at the top and doesn't break whatever it touched, it goes in the other direction. Bitcoin doesn't break up here, it breaks down to Goblin-town aka bottom of channel in blue.
GM TA - General Motors going downhey guys whats up its amir
So General Motors, what exactly do we have here:
- Beautiful bearish flag just got broke down
- I want you to notice to the RMACD we had last week a bull trigger and got rejected and now were closing a bearish trigger, and exactly the same happened in the drop last time (vertical lines) its a sign that the bears are stronger than the bulls.
- Watch at the volume indicator, for about two years you can see clearly who have control on the stock look at all the red bars, clearly the bears are in charge here.
- Good risk reward ratio 1:3 its fine.
defintely work for me.
*not financial advisor*
KATANA INU. KATA/USDT 1D. Mem-coin. Chart.Here's Kata Inu mem coin chart.
Very technical instrument. In the main trend we can see an uptrend forming.
Secondary trend potential Cup. Previously falling wedge has been formed which has recently broken above.
Right now descending channel is forming with an amplitude of 102%.
In case of breakout of this channel - potential of 200% is opened. Then, midterm, if price breaks above the resistance of the cup - more 200% potential is there.
Also there's a potential uptrend channel forming which is shown on the chart.
The coin is moving very technically.