this chart of Gold Spot (XAU/USD), we observe several key technical features that guide potential trade decisions: Forming Ascending Channel: The price is developing within an ascending channel, indicating a potential continuation pattern. This channel often signals further upward movement, but caution is needed, especially when the price is in a "weird"...
MDT performed nicely the last few days and is already up 3.5% today. The token flashed a #bullish EMA crossover on the 4H chart. Usually, this crossover signals a continuation of the recently started trend. Based on the resistance levels, MDT will likely tackle the next resistance at $0.056. This level results in a profit potential of 6-7%, depending on your...
I'm heavily invested in ICP and most of it is locked up for a minimum of 8 years, so yes, I'm biased... I think this has got to be THE most undervalued project in all of crypto. And so I'm perpetually disappointed with the uninspiring ICP/USD chart. What IS going on with that? Nothing to hold onto, nothing to indicate the price is coiling up, ready to spring out...
Traders, It has been an exciting couple of weeks in the crypto world. And the charts are showing me that 2024 will be the same. Long-term cup and handle patterns and inverse head and shoulder patterns confirm that 2024 will be the year of the bull! I'm going to touch on what I am seeing and review my altcoin trades and strategies based upon what I am seeing.
#4 Newsletter: Week 12.11.23 - 19.11.23 Updated Fibonacci level to recent top 3800 1. Signs of Bearish Divergence on RSI, MACD 2. $38k was the price when LUNA collapse so expected decent stop-loss, profit-taking here Trade Ideas 1. Short above $37.5 at ½ size (no auto stop – we manage accordingly under $40) 2. Always target 0.382 or 0.5 Fibonacci level under...
this is the result of my analysis about the 55 min chart possible price actoin develepement. As you see they all got hit by the chart, but all the forecasts I published 2-3 days earlier. Pls like and share if you find the information usefull If you like the contect, check out all my postings
Traders, Just wanted to keep you in the loop on what my thinking was in regards to recent XRP trades and what I am looking for in the future. Stew
Traders, I sold the remainder of my XRP into this resistance. The the FEDs rate hike decision looming tomorrow, I don't want to risk not capturing these profits here and now. Over 30% profits in 5 short days! I'll take it. Looking to re-enter now at around .42 cents. Best, Stew
ETH is just as predictable as any other asset. Blue Print to MET TRADE (Mount Everest Trade) TM
Traders, I waited patiently. And now? OXT is finally back into an area in which I become interested again. Over the BLACK ascending trendline is definitely a bullish sign! Now, we do need to see confirmation on the daily. Today's candle should close above that black trendline and then I'd like to see another candle open and close above it tomorrow. But all in...
This analysis shows the main factors behind the Short Position opened on the EURO AUD. These include 1. The Formation of Double Tops on the Daily Chart. 2. The Formation of a Pennant Setup on the Daily Chart. 3. The expected move towards major Support within 3 Days. 4. The expected move towards the Pennant Support in 7 to 14 Days. The market provided a...
In this video: * Quick weekend update necessitated by current Bitcoin price action * Am I a bear yet? Am I wrong about the H&S pattern? * 40,800 provides serious support * But 36,000 is definitely a real possibility * More on why I don't think 20,000 is in the cards * What is my strategy going forward? When I am waiting to sell?
In this video: * A quick review of the current market sentiment * I am bullish! * Everything is moving as expected * I review and instruct on a more advanced trading technique/strategy - How to trade levels in a correcting or bearish market? * You can make gainz by going long in a bear trend! Happy New Year Traders!
Using POW reversal strategy for this trade an EURCAD long. Trade details for current trade are shown on the chart. We are working the 4H time frame on this strategy. We're looking for the green line which is take profit target. Little blue arrow is entry point and purple line is stop loss. Previous trades can be seen on chart. Trade history can be seen at...
Using POW reversal strategy for this trade an AUDCAD long. Trade details for current trade are shown on the chart. We are working the 30M time frame on this strategy. We're looking for the green line which is take profit target. Little red arrow is entry point and purple line is stop loss. Previous two trades can be seen on chart, can we go three for three....
Utilising our POW reversal strategy for this trade an AUDCHF short. Trade details for current trade are shown on the chart. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little red arrow is entry point and purple line is stop loss. Trade history can be seen at the foot of this trade idea too...
In this video: How to map your levels? How to know your levels? How to map your trendlines and patterns? How to trade up? Cash management strategies Entry and exit strategies How to make disciplined moves?
As market close approaches I still find myself in an NZDUSD short trade. We are using our POW reversal script for this strategy. Trade details for current trade are shown on the chart. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little red arrow is entry point and purple line is stop...