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#ES Futures 3.14.22 Overview and Levels to Watch Globex inventory built up between our 4220-4214.75 and 4234.75-4229.25 levels and when we failed to extend and hold this morning we started selling out. We are under our Key level and question today is will we see more downside or will we get back over and test our upper levels. On the downside holding below our Key Level 4220-4214.75 is a sign of weakness and leaves the door open for a test of 4191-4185.50, 4168.4162.25 and next Key Support at 4143.75-4137.50 if that gets taken out look for 4123.75-4119.25, 4103.25-4099.75 and next Key Support at 4084.50-4077.25. On the upside if we get back over 4220-4214.75 we can see a test of PM resistance at 4234.75-4229.25 if we can take that out then we should see 4252.50-4247.50 and next Key Resistance at 4272-4265.50. We do have a lot of inventory over 4220 so it should be a challenge to get back over there unless we run out of supply.
BTCUSDT: big bullish impulse aheadHello TradingView community and my subscribers, please if you like ideas do not forget to support it with your likes and comments, thank you so much and we will start.
Idea:
ABC (2nd wave) on the grand level is mostly finished
The 3rd bullish (impulse) wave should start soon and will reach be at least the same size as the 1st grand wave
We see that now the price chart is in the ascending triangle and we assume that the 3rd wave will start after the triangle break out
We also see EMAs close to each other and in the bullish order (shorter above longer EMAs) and this is a signal that the price will make an impulse soon and now we are in the accumulation phase.
Opinion:
When the 3rd wave will start better to make long positions with altcoins, as they are more volatile and will deliver more profits. But it is not trading advice, just our opinion.
Note from the team: We are from Ukraine and we support Ukraine and democracy. We are against war and terrorism in our world.
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XPRUSDT: long up to 0.916, good opportunityWe see that accumulation is finished and the inner triangle pattern is broken up. Now we expect the price to reach a resistance level, which at the moment may be also resistant of the bigger triangle pattern (please, check the link to the related idea ). This will be our T1 (0.9165).
Link to the related idea:
ON RSI we have only one touch of the upper level of 70%. And now we expect the second movement to reach really overbought conditions in the market. For reference, you can check the previous RSI peaks and compare them with the price chart.
On candles, we see long bottom wicks, which indicates support and bulls strength and willingness to push prices up.
NOTE FROM THE TEAM: We are from Ukraine and we support Ukraine and democracy. We are against war and terrorism in our world.
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#ES Futures 3.11.22 Thesis with Levels to Watch.In Globex we took out our Key upside level of 4272-4265.50 and took us to our next Key level where we found sellers at 4327.25-4321.50. Right now the inventory is holding in the middle of that value and waiting for next move. We have single prints below our 4291.50-4285.75 level which means = buyers, can give us another test of 4310-4307.25m 4327.25-4321.50 which would be our Key Resistance for today in order to see any continuation, if we break that then we have 4349.50-4345.25, 4362.75-4359.50 and next Key Resistance at 4378.50-4374.75. On the downside if we break under our current support we have Key Support at 4272-4265.50 which needs to be broke to see a downside move playout, our downside levels are 4252.50-4247.50, 4234.75-4229.25 and next Key Support at 4220-4214.75.
XRPUSD: huge breakout, bullish movement (3rd wave EWT) expectedIDEA:
We see descending triangle pattern and also we know that the market is in the 2nd grand wave according to Elliot Wave Theory.
It means, that most probably after descending triangle pattern breakout we can expect a support test and then big bullish movement (3rd grand wave according to Elliot Wave Theory) marked with the yellow arrow on the chart.
This breakout will happen when we will see low RSI testing 30% level several times, in the best scenario there will be bullish divergence on the RSI .
NOTE FROM THE TEAM: We are from Ukraine and we support Ukraine, democracy and we are against war and terrorism.
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BTCUSDT: quick long trade -> 44 600$Hi community, hope everyone is ready for a new quick opportunity.
The market now is in the grand 2nd wave (most probably ABC structure, now in C wave). And the wave structure can be different. That's why I want to play quick trades waiting for the market reversal. Some proofs:
We see low RSI on the 5h chart + overbought signals on Bollinger Bands + the uptick on MACD Histogram. All these are signals of the possible reversal.
The resistance level near 44 600$ can be considered as strong and may be my TP for the quick long trade.
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