Techanicalanalysis
The next BTC target is 51000? Please check analysis📣 Hello Mates!
We observed BTC going bullish continuously for the last several months, but suddenly it dropped from 73000 and retraced back to 60000.
As we mentioned in the previous chart, the market would rebound from 72000 or 73000, which is now acting as our resistance. Indeed, the market bounced back from there, fulfilling both of our target markets. For instance, it could rise from 66000 to 68000 or even 70000, after which it is expected to retrace again, reaching around 60000 to 61000. Following this, there might be a slight bullish movement, and then our last target would be 51000.
While we have a very strong support at 60000 or 61000, if the market breaks this support, then the next target would be 56000. If it further breaks 56000, then our final target is 51000.
Now our buy targets are 66000, 68000, and 70000, and our sell zone targets are 61000, 56000, and 51000 respectively.
Stay tuned for further updates and trade smartly! 📊
Cardano price might drop up to 0.3 price levelHi everyone,
Cardano price didn't manage to break its local high at 0.68 and went in to a correction phase.
ADA price already lost almost 30% from its local high and probably this number will continue to increase.
At the moment the main support located at 0.46 price level but most likely this support won't withstand for long.
In the near future I expect ADA price to drop at least to 0.4 support level but if we see dump on Bitcoin then most likely ADA price will drop even lower.
Overall I expect slow downfall on ADA until Bitcoin halving happens and real bull market starts.
Please, do not forget to boost this idea & share it with your friends; thanks.
DataDog break of resistanceI have marked all the previous attemts at this zone with blue flags. In Aresistance of the area was broken in AUG 2021 resulting in an ATH of 199.9. We have confirmed support on the weekly TF. I do think we will spend some time in consolidation based on the weekly stochastic imo it needs to reset at the bottom before we can make the push to 150. so target time 40 to60 days 150
USDJPY:NEW IDEAA new opportunity for the USD/JPY pair
The pair is trading at prices of 142.222, as the price is trading within the price channel shown in the image
As we see, the positive outlook is the strongest, and we target prices of 143.314 with a stop loss to close the hourly candle below the bottom of 141.873, taking into account risk management.
Thanks.
AUDNZD What Next? BUY!
My dear subscribers,
My technical analysis for AUDNZD is below:
The price is coiling around a solid key level - 1.0712
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.0774
My Stop Loss - 1.0681
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
GOLD Lower Highs FormationPrice went down as exacted in my previous analysis and broke previous lows. We can also see new bearish trendline formation and price is currently testing newly formed resistance 1937. I expect bearish move, but if price breaks it, then I advise you wait for a retest and opportunity to buy.
BTCUSDT - Main Target 25250 Support LevelHi guys, let's review the current situation for BTCUSDT on 4 hour price chart.
Last week the price of BTC jumped from 26400-25900 support area to 28350-28033 resistance area. It seems like it was a fake breakout of 27560-27300 resistane area as price quickly went back under this resistance area. The price of BTC almost touched 26400-25900 support area reaching 26540 price. Now on the market slight correction and it can go up to 27500 or so.
I don't expect significant price rise from the current levels and reckon that the price will continue to fall. The first stop here will be 26400-25900 support area but I'm pretty sure that the price will reach 25250 support level.
Previously, 25250 price level was a resistance but now it's main support level.
If this post is useful to you, you can support me with like/boost and advice in comments.
Many thanks.
ACB CORRECTION | BITCOIN MARCH 17, 2023BITCOIN TA
There is a scenario where the 5th Wave is not complete and bitcoin could push up further to $28,400.
However, if it drops to the $25,600 level, there is a greater chance that we could be in the beginning of the ABC corrective wave.
Wave A will move down in 5 waves and a SHORT position may be available at the end of wave (iv).
TP level : $24,000
**Not Financial Advice** Please leave a LIKE and COMMENT and let me know your thoughts.
$DYDX - Beast of Dex is arousedHello my Fellow TraderZ,
$DYDX - after giving massive 3.5x in First Leg, it has risen again to make some noise.
It has once again flipped the resistence of $2.7 as Support. Also broke the TL. I'm expecting a retest of the Support in order to most probably we hit $4 or above.
CHEERS!!!
Breakout in Redbox Entertainment Inc...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. Please consult your financial advisor before taking any trade.
Breakout in GTY Technology Holdings Inc...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. Please consult your financial advisor before taking any trade.
Breakout in Vaxxinity Inc...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. Please consult your financial advisor before taking any trade.
Target 1 achieved in Cyngn Inc. Gain of 115% Target 2 is ON.This is follow-up on Cyngn Inc. Can check link to related ideas.
Target 1 achieved. Gain of more than 115%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. Please consult your financial advisor before taking any trade.
Breakout in Blueknight Energy Partners...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. Please consult your financial advisor before taking any trade.
Breakout in Change Healthcare...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. Please consult your financial advisor before taking any trade.
Breakout in CDK Global...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. Please consult your financial advisor before taking any trade.