Techinicalanalysis
BTC UPDATE 29/06/202 || #btc #crypto BTC UPDATE 29/06/202 || #btc #crypto
btc update is if the btc restest the zone of 20K and got rejected then it will restest the zone of 17K-18K and if the got true break out then it will go and touch it next resistance which is 23K-24K
so lets see what is happing in coming time
but this is technical analysis
Analysis on EURAUDIn daily time frame, this pair is in a strong down-trend.
In 4 hour time frame, price was rejected by the trend-line.
In 1 hour time frame, price is in a down-trend and broke it's correction flag pattern, after completing a 5 waves of correction.
So we are going short on this pair.
Analysis on #aud/chfPrice is moving in an ascending channel, the corrective pattern have been broken after testing the 50 level of Fibonacci.
We can see lack of bearish momentum on MACD as we have a hidden divergence on it.
Price has retested the broken pattern and now it has the potential to move higher.
DOME/USDTReasons of Short:
Total Marketcap of EverDome is: 404,237,789 and Rank #170 according to Coin Gecko at the date of 18/Feb/20200
EverDome total Supply is: 1000,000,000,000 according to EverDome Official Website: (everdome.io)
There is a website called MarketCapOf () you can compare the price ratio of your favourite coin with the weight of other coins marketcap(like bitcoin, etherium, etc) so i compare the EverDome coin with the marketcap of XWC(whitecoin) why i chose XWC Coin to compare because the XWC marketcap is so close to EverDome marketcap,
After Comparison here are some results Dome Price is: 0.042203 and the current price is 0.073003, That's means EverDome Price will Drop to: 0.042203
if dome reached top Rank #100 coins list then the EverDome price will be : 0.123
if they Burn the coins then it will effect the predicted price but on their official website they did not mention about the burning mechanism 🔥 , maybe they update in the future .
here you can compare your own fav coins with the market cap of other coins (www.marketcapof.com)
Analysis on #eurgbpAfter a triple bottom pattern, price broke it's down-trend trend line, and started an up-ward trend. At this moment price is in an ABC pattern correction which is going to end, we can see lack of bearish momentum and we have a positive hidden divergence on MACD.
Our first target is the top of the correction wave and our second target is the daily resistance zone, as shown in the picture.
EURNZD: Try to Short this interesting daily Channel!Hello, everybody, and welcome to my TradingView’s profile, my name is Gianni and today I’m going to analyse the EUR/NZD , translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
My ideas are for those who are interested in improving their financial education and for those who are looking for new trading opportunities, according with their own strategies.
Daily timeframe:
4 hours timeframe:
Since the last April, the price has been following an interesting downtrend, shifting few times the value area.
Analysing the last bullish intraday impulse, the market got a good corrective move around the price control (usually expected considering the price control as an area with high trading activity).
In lower timeframe, is possible paying some attention on the last impulse, that compared with the previous one is definitely losing momentum.
However , although the price reached a previous key level formed on September 2021, the price could get some more move up till the higher line of the value area.
When, where and why would I step into the market?
Considering a daily downtrend with the most trading activity on the lower value of the area, I would be looking for a short term position.
The intraday impulse seems exhausted , but before planning my short position, I will be waiting for the price to reach the higher value, clearly looking for a rejection and reversal price action with a RRR of 1:2 or greater.
My SL would be placed above the swing high (in case of good rejection) and the first TP around the price control.
If you enjoy this trade idea, please support my work with a thumb up and don’t forget to follow my profile for more detailed market analyses!
Trade safe and responsibly,
Gianni
DISCLAIMER
Please note the views are not investment advice and should be used only for educational purpose
MM's daily technical analysis - LONG AUDNZDHi traders,
In the past few days, we have witnessed AUDNZD went through mid-term consolidation in both the hourly chart and the daily chart.
Yesterday night we have witnessed a clear breakthrough of the 1.05 level and the upward momentum was strong, which leads us to believe it's a start of a mid-term uprise and the downward channel start from June 18th has finally ended.
My own trading system Clam has also given a buy signal which matches my judgment to long thus a trading idea to long AUDNZD has now been established.
OP: 1.05300 SL: 1.04300 TP:1.0800
[MM's daily technical Analysis] 09.22.2021 SHORT NZDCHF We have seen a relatively strong momentum to go short after multiple time testing area around 0.6560.
Following the candlestick pattern we believe the long red bar on the 21st which crossed the 20day EMA may indicate a beginning of a downward movement.
My own trading system Clam also indicate to go short so a trading idea has now been established to go short on NZDCHF.
ideal OP: 0.64860 SL:0.65840 TP: 0.62400
LTC/USD RANGEBOUND! POSSIBLE WYCKOFF REACCUMULATION!Hello my beauties.
Litecoin has just entered a nice range, and for those of you who like trading them, long at support and short at resistance.
I will take a position if I see a nice reaction from the bottom, and possibly trade a breakout.
My analysis is based on Wyckoff events, and this ticks all the boxes of an early re-accumulation phase.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX