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Technicalanalysisexplained

Institutional Order Block Strategy Hey everyone - hope you're good. 1) Strategy is nothing and certainly not "mine" - it's been around since early 20th Century since the days of Gantt, Livermore and Wyckoff 2) Tried and tested methodology whereby Market Makers sell down below structure 3) Killing Retail stops 4) Go back up 5) Come back down to exit the sells at close to break-even 6) And then continue the way up. Check my profile for more info on us, and how we trade. Cheers!
Long
by FiguringOutFinance
2
Broke out of falling wedge.So now the NAKA has broke out of falling wedge, I'll wait till it retests and take support at 60 of RSI indicator. Most of you would say the range of RSI indicator is between 70-30. But i'ld say check my 5 strategy of using RSI indicator. Uptrend- 40-80 Strong Uptrend-60-80 Downtrend- 60-20 Strong Downtrend-40-20 sideways- 40-60. This is just my way of using RSI indicator. For those who're doing longterm this can come in handy and works very well. Of course you need to make sure to try this on different time chart. like if you're trading on daily chart make sure to check weekly and monthly chart aswell. if weekly and monthly is bearish and daily is bullish eventually the daily will come back down. For Further more Technical analysis on RSI indicator please like and follow the page. if you're intraday trader and you trade on 15min. chart make sure to check 4hrs and daily chart. if you're short term trader and you trade on daily chart make sure to check weekly and monthly chart. Thankyou.
Long
by pemscanor
Bitcoin Analysis - Triple Falling WedgeIts always a Gamblers Paradise in trading and that is why staying informed and having a game plan with strategies for the price going in either direction After yesterdays analysis leaving the opening to a move in either direction where if we broke above and held $60k that we were looking for breaks to the upside, and then also if we broke down that if we broke below $54k-$55k that we would be looking for more moves to the downside.. We saw the break down after stopping our breakout at $59.9k ---> MAINLY DUE TO EVERYONE BEING ENTIRELY TOO BULLISH AND LONGS HEAVILY OUTWEIGHING THE SHORTS. If you look anywhere in the Crypto Community, i.e. twitter, facebook, reddit, news articles etc.. you will see that EVERYONE has flipped to an HEAVY BEARISH OUTLOOK. I have seen people even bringing up that Bitcoin is going to $0 and bringing up items from the Bitcoin Obituaries site. But put all that aside and look at the technicals. IF a break below the $56k point was going to happen and was not just a wick down and recovered above support, then the next support I was hearing from more most was between $48k to $50k. Overall, Its obvious that the price is being HEAVILY MANIPULATED downward since $69k. And with the breakout attempt that came yesterday it got a bunch of MoonBoy's and Fomo Joe's out from being in hiding.. So what happened? Market Makers just crushed every MoonBoy's and Fomo Joe's dreams having the price fall back the bottom of the support box, the price was recovering and then punished them further by forcing the panic sell of about $3500 off the market price. Think about how much $$ it takes to shave off that much in market price. Here is the merit that bitcoin CAN START ITS ASCENT AGAIN off the $54k price level It is held in some hidden technical analysis that it takes a trained set of eyes and understanding of market psychology for the market makers perspective. I looked at multiple timeframes and made some very small adjustments to the trend lines and it shows a clearer picture. After the few changes I made with the new data and price action, we can see something like this since October 2021 Bitcoin Index 1D Chart We have 3 separate falling wedges that have formed, along with the 11 year trend line that we are still holding as support. Falling Wedges are Bullish Continuation Patters and have a very low probability of breaking to the downside. Bitcoin Index 1D chart: When we look at this in comparison to some previous price action we are able to see that the percentages of throwbacks compared to the last, we are just about even give or take a few points. This would be showing that if we are going to make a bottom we would be needing to do it between $52.5k and $54k. Keeping candlebodies above the 11 Year trend line would be much better from a technical standpoint. Bitcoin Index 1D Chart: Looking at the timeframes of each throwback as well as the bottom we made from before at $29.5k. We are also already in the range of where we would be expecting a bounce. We have a triple falling wedge formation that has built at the bottom, half way up the recovery and then also that starts above the Previous ATH and has moved back into the top of that previous candlestick pattern. Having multiple falling wedges on the top too is also very strong from a bullish side of analysis My custom Indicator at the bottom is still showing a wave curled to the upside even with the dump yesterday, and If you look back at the last breakout we made on the indicator, we could possibly see something similar to this. We can see that the matching of the last price movement, we would look at an overall price target of $92k when confirmations of the breakout are made. So far, given the support level being held with candle body above the 11 year trend line, and that we are respecting multiple falling wedges either from the bottom(support) trend line or using the top (previous resistance) trend line of these falling wedges as support. This is still holding up as a very bullish formation even with the dump we had yesterday which if you look, topped at the largest falling wedges top trend line and then got supported by its bottom line. We are also holding the trend line from the bottom that started the initial breakout (in green). If we break below and close daily candles below these support points ive labeled... THEN WILL I BE LOOKING AT CHANGING MY BIAS. UNTIL THEN, IF you are still not in a position wait for the confirmation of a breakout to be mad and then look at placing positions. IF you are still currently in a position like I am, then you can look at DCA more into your position and work that entry point down, but keep some stop losses around $51k. We could possibly see some wicks down to $52.5k still but that is still yet to see. If you already switched your Bias please go back to the top and read again :)
INDEX:BTCUSDLong
by Gamblers_Paradise
1
EURUSD Short outlook after the bearish momentum of FOMC.As you can see, since the 20th of September, the market has been ranging and generating liquidity for the FOMC to go smoothly and trap all sellers and buyers. We can right now see that the momentum is to the downside. I have annotated with a W1H what I think to be the potential Weekly high, so we can be expecting new Lower Lows from now on. The potential level to be reached is the W1/D1 low that I have been calling for a few weeks already during the Weekly outlook and setups. As for today, we can potentially have a bullish move during London and then a sell off during NY. I will share some entry zones as well now. Here is how I imagine the 15M to develop: Let me know what you think!
Short
by TradingFanatic
2
The Art of Technical Analysis for Beginners part 1Hey Traders so today I wanted to make a brief tutorial on technical analysis for those who are new to trading. This will be a short series that gives you the tools to understand the charts without any indicators ever needed. This analysis can be applied to all markets Stocks, Forex, Commodities, Crypto etc... Be on the lookout for future videos in the series and I hope it helps those who are new to trading! Enjoy! Trade Well, Clifford
TVC:USOILEducation
by TradeTheIndex
10
Cardano dominance it's bullish for this key altseason!!!Ok guys, I jus want to share you this short analysis for you. I see the Cardano Dominance that it's extremely bullish by long term. If you want to accumulate Cardano, the time it's now to continue accumulating Cardano in the best price. For that, this it's an opporutnity for us. Why I explain that? Becuase or the fundamental keys that it's envolving in this cryptocurrency. Remember, if you don't know Cardano, you can to get it to link to related idea to read about Cardano, many cryptocurrencies and others special analysis. *** In this point, it's very important, I'm extremely bullish more in Cardano than others crytpocurrency, for that, Cardano have all fundamentalks to be distinguided in this bull rally & altseason on 2021. For that, this it's my cryptocurrency that I'd reccomend a lot to invest, and remember, I'm deciding to sell all my cryptocurrency for Cardano. Cardano it's my best cryptocurrecy that I like it. Once of my goal it's to reach the 20,000 Cardano coins as I have in hold 11,234 Cardano. Just selling Ethereum, XRP, Chainlink, Litecoin, Bitcoin, EOS and Tezos for Cardano. And then, make trading to earn profit and use it to invest in Cardano little to little until reach my 30,000 Cardano coins. And one of the stragety that I use as I sell part of my Etheruem to buy 10,000 Dogecoins coins, becuase in Simple FX broker, they offer to deposit Dogecoin to accumulate in this cryptocurrency making trading. And then, I know that Dogecoin it's growing up fast than others cryptocurrency, so accumulating DOGE at least like 40,000 Dogecoin and depending the convertion between Cardano & Dogecoin ratio, I can to sell my Dogecoin for Cardano to get more Cardano. But if you want, we can to talk about this strategy to accumulate Cardano making trading in Simple FX with Dogecoin or any crypto. But guys, that it's all, just I want to share you my perspective how I see the Cardano dominance in the future. And I believe that Cardano it's going to growing up throughout of the time until take a good percentage in the altcoins dominance concentrated by Cardano. For that, investing in Cardano. this cryptoucrrency could to change the world and I interesting to work with Cardano team to develop more research in Cardano and discover this cryptocurrency deeply and the team as my experience. I believe that If I d, I can to becoming part of Cardano team to develop more technology and support Cardano for the future.
CRYPTOCAP:ADA.DLong
by harisonhbn9718
7
CHF JPY - Weekly testHello Traders and Analysts, A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged long, due to purchasing further increments upon imbalances. Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities. Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Scarlet - Four day Orange = Daily Magenta = 8 Hour Grey = 4hour Pink = 1 hour Four day view The four day chart has provided key information with a great opportunity to highlight the sell area using the Fibonacci tool as a confirmation. Ideally to show a true confirmation - price would look to fill the wick of long legged wick which breaks the scarlet zone . This will show where price should look to before selling. The zone is clear here where price will react before the sell imbalance probability takes over. Weekly imbalances The weekly imbalances are here to provide the clear view from where price will have considerable tail offs as sellers take over from the buyers. The reason for the key weekly zones forming under the monthly is where lower highs have taken place meaning that the monthly imbalance and price cannot offer a retest of said zone. Monthly Imbalances The monthly imbalances are clearly laid out which present the high and low of the imbalance, the top imbalance has not entirely been tested where a monthly close has tested the 119 - 124 zone, however this being said. Price has reverted to test the Weekly imbalance where price has successfully filled the wick in August 2014 which is where looking left the entire weekly zone has build the structure from. Cross Pair Analysis Using the cross pair analysis using the basis of USD CHF - Orange EUR SGD - Purple The weekly chart shows the relationship using the positive correlated pair against an the USD CHF a major pair with negative correlation. The imbalances are not shown here, however the key takeaway from the chart here is to understand what the USD is doing and the other major is having an inverse imbalance at the present moment. Although CHF JPY are fundamentally two safe haven currencies - the aligned weekly cross sectional zone shows scope for a negative imbalance probability for CHF JPY. Using solely CHFJPY & USDCHF adding imbalances shows a simplified view of imbalances where price can show USD CHF next imbalance zone where price will climb to and CHF JPY inverse. Sell position entry points Using the 4 day Fibonacci tool, a retracement is required where a nice liquidity wick will need to be filled. This will be a key area to monitor for shorts as a double weekly test is highly probable. Possible entries Now that price has tested the "0" Fibonacci creating a bottom, price has created over the last few days some wicks but created an engulfing candle - price will now to look to close the wick fill and move towards 118.60 - where a double top formation has occurred. Do you enjoy the setups? Professional analyst with 5+ years experience Focus on technical output not fundamentals Position and swing trades Provide updates where necessary - with new updated ideas tracking the progress. If you like the idea, please leave a like or comment. To all the followers, thank you for your continued support. Thanks, LVPA MMXXI
Short
by LupaCapital
4
Bitcoin it's leading to my target $19,500 USD!!!In this update, I see that Bitcoin starting growing up in the past hours. So, first I reccomend to protect your long position putting a break even at $18,170 USD. Guys, in this posiiton we can to get earning if BItocin make a reversal, but I see that we can't to loss because the price entry was $18,050 USD. And I'm in profit. Now, the part that I intersting it's to talk about the Daily chart, becuase we are into this ascendent triangle, but we see this purple zone that could be a manipulations zones arounf of $19,700 USD and $19,900 USD. So, we would need to stil alert in this zone that I draw in the wick and I show you in this red arrow. So, I believe that the Daily chart it's so important to know the trend, also the 3 Daily chart it's more important to understand the market if you are like me that you like to trade intraday trader to still the position for days and earn in medium term. So guys, protect your position in Bitcoin, we're in profit and congraluations for you if you take this analysis!!! Now, very important it's my perspective in the $19,000 USD all zones above of it and below of $19,900 USD. That all zones of $19k levels it's psycological point.
COINBASE:BTCUSDLong
by harisonhbn9718
2
My prediction for Bitcoin in 2021!!! The unique chart keyIn this tutorial, just I draw this chart for long term and I want to share you and review: 1. Bitcoin it's still into this re-accumulation zone, that it's very important to know~!!! 2. Bitcoin still bullish and right now, we are in the highly maximum price and then, we would need to check out this chart 3. And remember, I use this model for you to understand what cycle we are!!! All information it's here writing in this chart to identify each cycle meanwhile colors, arrow, and more.
BNC:BLX
by harisonhbn9718
XRP it's bullish toward the $0.67 cents!!!; bullish break up!!!In this technical analysis, XRP it's bullish toward the $0.67 cents as my next target to reach up. t.co Now, looking in H4 the trend it's become more bullish and we was into this correction of ABCD armonic pattern!!! And also, we see a bullish butterfly in H1 timeframe. It's so interesting to look it. Now, I'm still bullish in XRP from $0.59 cents toward the $0.67 cents. The SL it's around of $0.56 cents!!! Good luck in this long position!!!
COINBASE:XRPUSDLong
by harisonhbn9718
1
XRP show a shoulder head shoulder!!! Short Position!!!In this technical analysis, XRP show a bearish movement toward the $0.48 cents again. So, that it's so interesting to trade XRP. Now, I believe that XRP it's forming a possible re-accumulation to then make a parabolic bullish!!! So, that it's so interesting to study XRP as one of my cryptocurrency into my radar to invest in 2021. So guys, this is it. So, I put a sell order limit at $0.6130 cents with a SL at $0.6598 cents and my target will be $0.5050 cents. Now in the next days, I will going to update this par in the next days to week to study the elliot wave analysis and add more data content!!! Happy days!!!
COINBASE:XRPUSDShort
by harisonhbn9718
For that Reason I want to accumulate Ethereum assets!!!In weekly, I see that Ethereum it's prepared for the next massive bull run movement agains to Bitcoin. This is the par Ethereum/Bitcoin or ETH/BTC. So, for that reason I want to change my mindset to accumulate Ethereum. This is a good reason why accumulate 10 ETH to get 1 BTC in the next bull run when ETH goes to up a cost of 0.1 BTC. And not it's all, maybe accumulating over 10 ETH I thinking that Ethereum could be a queen of the cryptocurrency after of Bitcoin. So, imagine it to accumulate 10 ETH to hold and then, you can to sell Ethereum when Ethereum achived the value of 0.1 BTC. So, and exquisite strategy it's okay to accumulate a lot Ethereum. I use the reference on what Carl, The Moon You Tube Channel it's accumulate a lot Ethereum to sell for BTC value when Ethereum starting up!!! So, I want to enfocous more to trade cryptocurrency and find up 30% each weekly, just to accumulate Ethereum assets making trading in cryptocurrency. I'm staring buying 1 ETH to accumulate it in my Quantfury App My Own Strategy: First Month: Starting with 1 ETH and find up 30% weekly 1. Weekly #1: 1 ETH = 30% = 1.30 ETH 2. Weekly #2: 1.30 ETH = 30% = 1.69 ETH 3. Weekly #3: 1.69 ETH = 30% = 2.19 ETH 4. Weekly #4: 2.19 ETH = 30% = 2.85 ETH You get 2.85 ETH in your first month!!! Second Month: Starting with 2.85 ETH and find up 30% weekly 1. Weekly #1: 2.85 ETH = 30% = 3.71 ETH 2. Weekly #2: 3.71 ETH = 30% = 4.82 ETH 3. Weekly #3: 4.82 ETH = 30% = 6.27 ETH 4. Weekly #4: 6.27 ETH = 30% = 8.15 ETH You get 8.15 ETH in your second month!!! Third Month: Starting with 8.15 ETH and find up 30% weekly 1. Weekly #1: 8.15 ETH = 30% = 10.60 ETH ***And then, it's all you get 10 ETH as minimum using this strategy. But as surprise, if you want to accumulate over 10 ETH you can make it without any problem in your trading app using Ethereum as deposit method. An example of trading app it's Quantfury that you can to fund Bitcoin, Ethereum, Dash, Litecoin as deposit method. I will continue update this par later if you want to accumulate over 10 ETH, imagine accumulate 20, 30, 50 or 100 ETH using a strategy to find up 30% weekly. But, a minimum it's have 10 ETH if you want to get 1 BTC when ETH have a cost of 0.1 BTC for each ETH that you hold and this it's a excellent bussiness. And then, with your own 1 BTC you can to accumulate more satothis later. That strategy it's a form that I learn throughout of my experience.
by harisonhbn9718
1
Ethereum is into this bullish flag!!!In this analysis, Ethereum is weakness and the trend is leading ot the bearish towards the $354 USD. Ethereum has the same situation of what Bitcoinn do!!! But here is more interesting in H4 or you can see in H1 timerame. But, H4 is my key to keep my trades in long. So, Ethereum is forming this bullish flag ABCDE that the bear are take the control o the trend to be the price it's going down. So, I put my sell order limit at $412 USD with a SL at $422 USD and my target profit will be $394 USD. Also, as reference the RSI show a weakness and I mark that in this yellow circle that I show it. Guys, i you like my technical analysis, please comment, give a like and I hope that this idea it's support for you!!!
COINBASE:ETHUSDShort
by harisonhbn9718
Gold continue toward the $1952 USD; Break Even!!!Looking the Gold trend, we see that this par is up a lot, so in H4 I secure 82 pips from my price entry that was around of $1,900 USD. The break even is $1,908.15 USD, that is my protection of my all earns. Also, as Gold continue in H4 into this bullish channel, also I draw this purple line becuase Gold form it, and then, a blue line that indicate a resistance and now, is support. So, Gold was broke up the blue line and purple line recently, now we hope a little pull back so nearly of this purple line to then, continue toward the $1,952 USD. The most curious in in Daily, we see that Gold is trying to broke up this bearish channel, and then, it's into this bullish channel, that is a good indication that Gold is bullish as bulls still bought more!!! Congraluations guys if you follow this analysis on Gold, now you can to use a break even, also, if you see my recently publication of the Forex par: Euro/Canadian Dollar, there's another good posiiton for long if you want to look!!!
FOREXCOM:XAUUSDLong
by harisonhbn9718