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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.
CME_MINI:ES1!
by HollowMn
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. Support: Hope you like our ideas and will subscribe to our profile here to support us and to get notified about our new ideas. Have a nice day and talk to you soon!
Long
by MO-Capital
2
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. SUPPORT: Hope you like our ideas and will subscribe to our profile here to support us and to get notified about our new ideas. Have a nice day and talk to you soon!
Long
by MO-Capital
1
#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.
CME_MINI:ES1!
by HollowMn
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. SUPPORT: Hope you like our ideas and will subscribe to our profile here to support us and to get notified about our new ideas. Have a nice day and talk to you soon!
Long
by MO-Capital
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. Hope you like my idea and will subscribe to my profile here to support me and to get notified about my new ideas. Have a nice day and talk to you soon!
Long
by MO-Capital
XAUUSD Price Action Analysis 4HTF Asian SessionDuring today's NY session, price managed to break from consolidation and continue the bullish trend. I believe that there is more bullish momentum due to the current market conditions and everything that is going on in the east. Gold is a save haven during times of uncertainty so fundamentally it makes sense for price to continue bullish. If price breaks below 1934, it could continue bearish to retest the previous level of resistance at 1925 and possibly form support. A break above 1946 can continue to the top of the range. 1. Price is currently bullish after breaking out from consolidation 2. If price breaks and closes below 1934 it can continue bearish until 1925 3. If price breaks and closes above 1947, it can continue the bullish trend until 1960
OANDA:XAUUSD
by dreadhead4_life
XRP Second Time is the CharmHello Traders, Previously we went over an analysis on XRP coming to a major resistance zone. As you can see here we have pulled back from this area and now have bounced off of the lower support zone after some consolidating. That consolidation seems to have formed a bullish flag continuation pattern in which has a target that would shoot the price action above the resistance area shown on the chart to $1.16. It is very possible on this attempt to break up over the resistance zone for multiple reasons. The first two are technical reasons and the first being the Bull flag structure that is forming in the consolidation the price action is currently in. This being a continuation that generally extends the same length of the flag's pole stacked on top of where the price action breaks out of the top of the flag it is largely bullish, the second reason is the more times a resistance or a support for that matter are tested by the price action knocking on its door to break through, the more likely it will eventually do just that. I generally look for 3 or more attempts to see a break, which leads us to the third reason I see the resistance being broken through and that is a fundamental reason. That reason being in regards to the SEC case against XRP seemingly coming to an end and favoring Ripple the company responsible for creating XRP. If this SEC lawsuit against XRP is dismissed I would expect this to be very bullish for not only XRP but, also for many other cryptocurrencies as it would set a lot more clarity on laws that have not yet to be made in regard to this sector. Regardless, this coin has been highly suppressed from this suit and if won would be re-listed on all major exchanges being that it still holds weight being in the top 10 when it comes to market cap of all other coins XRP is still 6th largest market cap albeit knuckle deep in a lawsuit with the US government financial watchdog headed up by everyone's "favorite" Gary Gensler. The listing of this coin on major exchanges alone would give this one a nice pump, along with the case being dropped and XRP's already set in stone Major partnerships with financial institutions such as Santander (USA) Canadian Imperial Bank of Commerce (Canada) and Kotak Mahindra Bank of India just to name a few would most likely cause a utility pump due to these world banks "flipping the switch" as stated by Brad Garlinghouse and the Ripple team referring to the readiness of the utility of the XRP technology to be implemented with the banking services of their many world bank partnerships. Between the technical and fundamentals on this one, I am excited to see how high it can go. I personally am looking for targets at $6,$28,$64 and even into triple digits by the end of this year. I implore you too do your own research on what XRP has set out to do, what the implications of a win in this case will do and what the outlook of the price may be after it is all said and done! As always, have a GREEN week! Savvy
Long
by Savvythe1
HBAR Wedge pattern with some juice?Hellow traders! Here’s a quick idea with a few tips on entering the trade. Listed on this chart are 3 different buying areas. The first is the bottom of the pattern entry. This entry area will give you the least amount of risk when pattern trading. If you’re looking for this entry, you will want to see price action bouncing off of the bottom of the pattern on its third swing to the bottom support trend of the pattern. Waiting for a closed candle and another bullish candle to appear in this area will grant you better win statistics purchasing here. This entry presents the best gain potential but, will most likely hinder your win rate. The second entry point is the breakout area, to me this is one of the more risky plays as you can see here there were multiple wicks crossing out of the upper trend followed by a swift reversal in price action. The best play to take this entry is to wait for a decent time frame to close a candle outside of the pattern. 2hr at very least but, I like to look for a 4 hourly candle. This entry is the riskiest imo, due to the fake outs, the lessor of the 3 entries when it comes to profitability and larger risk compared to your reward. The last area to enter is the retest area. This is arguably the best area to enter a trade. This one takes patience but, will pay off in the end as a few things happen when you wait for the retest. First, you will see the price breakout of the pattern which in this case is in a downtrend, making a higher high then giving you the first sign of a trend reversal, all you need next is a higher low. Which comes when you have the retest at the top of the pattern. When the price comes to retest you want to see bullishness within the candles structure, which confirms that other market participants may be in the same direction as your trade and has a higher likelihood of success. Have a Green week and pray for all of those displaced in the dispute in Ukraine! SAVVY
Long
by Savvythe1
BTCUSD: where to expect the reversal into the 5th wave down?Hi community, hope everyone is ready for new opportunities. This is the update on the linked idea, which we published yesterday. The market now is in the 4th wave (most probably ABC structure, now in A wave), as we finally see 5 waves down in the 3rd wave. We should wait for wave C. We should wait for RSI > 70% when we will be in the C wave. This will mean that the market is overbought and may reverse soon. The best is to see RSI divergence above 70% RSI level. We should wait for a downtick on the MACD histogram as a sign of possible market reversal when we will be in wave C. I think that all these signals will happen, when the price will reach the marked zone, as according to the EWT theory waves 2 and 4 usually are different, which means if wave 2 is fast and retraces the 1st wave a lot (up to 0.382 and more, FIB), the 4th wave will retrace less (will most probably stop between the FIB Golden Ratio 0.65-0.618 and 0.5 FIB level) and will last long. We also see strong support because of 144 and 200 EMAs in the same zone of reversal. I expect the market to reverse at 39 500$ - 40 500$. I think it will be a good range to start laddering. The market reverse zone will be good to increase short positions/put Stop Loss levels just above the pick of the 4th wave. Hope you like my idea and will subscribe to my profile here to support me and to get notified about my new ideas. Have a nice day and talk to you soon!
Short
by MO-Capital
#ES Futures 2.23.22 Overview and Levels to Watch Globex session was quite tonight, we are right at a Key Level and waiting for our direction. Lets take a look at our options today. On the Upside we have 4349.50-4345.25 as our PM Resistance, if we break and hold over it then that leaves the door open for tests of 4362.75-4359.50 and our Key Resistance for the day at 4378.50-4374.75 where we should have sellers active, we would need to break that and 4392.25-4389.75 to see it extend into next Value area. On the downside, if we don't get over PM Resistance then we can see a test of 4327.25-4321.50 and our PM Support at 4310-4307.25, if that goes then we have 4291.50-4286.75 and 4272-4265.50 as our next Key Level, if that breaks and we get under 4252.50-4247.50 then our lower levels where we can see response are 4234.75-4229.25 and next Key Area at 4220-4214.75.
CME_MINI:ES1!
by HollowMn
BTCUSD: last shorting opportunity at 39 350$ - 39 900$Hi community, hope everyone is ready for new opportunities. This is the update on the linked idea, which we published yesterday. We now are in the 4th wave (most probably ABC structure), as we finally see 5 waves down in the 3rd wave. RSI has 3 ticks in the bottom zone near 30% level. We see three upticks on the histogramm on MACD. The 4th wave most probably will finish and the market will reverse at the golden ratio zone of the 3rd wave (0.65-0.618 Fib) marked with two orange lines. I think so, as according to the EWT theory waves 2 and 4 usually are different, which means if the wave 2 is fast and retraces the 1st wave a lot (up to 0.382 and more, FIB), the 4th wave will retrace less (will stop near the golden ratio) and will last long. And the opposite. I expect the market to reverse at 39 350$ - 39 900$ The reverse zone will be good to increase short positions Hope you like my idea and will subscribe to my profile here to support me and to get notified about my new ideas. Have a nice day and talk to you soon!
Short
by MO-Capital
BTCUSD: last shorting opportunity at 40 250$-40 500$Hi community, hope everyone is ready for new opportunities. We now are in the 4th wave (most probably ABC structure) The 4th wave most probably will finish and the market will reverse at the golden ratio zone of the 3rd wave (0.65-0.618 Fib) marked with two orange lines. I think so, as according to the EWT theory waves 2 and 4 usually are different, which means if the wave 2 is fast and retraces the 1st wave a lot (up to 0.382 and more, FIB), the 4th wave will retrace less (will stop near the golden ratio) and will last long. And the opposite. I expect the market to reverse at 40 250$ - 40 500$ The reverse zone will be good to increase short positions Hope you like my idea and will subscribe to my profile here to support me and to get notified about my new ideas. Have a nice day and talk to you soon!
Short
by MO-Capital
2