USOIL PRICE ACTION Somehow we managed to find support just below $68 and guaranteed divergence on daily and weekly (bullish hidden divergence)
For further confirmations of growth, like last time, the price of $77 and $80 is important.
The 50weekly MA, 200 Daily Ma encounter very strong resistance, so be careful.
Tradingsingals
USDCAD Trendline Break PullbackHi Traders!
USDCAD has come a long way down since the 3-month trendline break, and there is a possibility that the pair is oversold.
Here are the details:
After the trendline break, the market had an aggressive push down and has looked to have consolidated around the 1.33498 level, which is now the support area. If there is a hold above here, the market is likely to pullback upwards.
Preferred Direction: Buy
Entry Level: 1.33900
Stop Level: 1.33410
Target Level: 1.34879
Technical Indicators: 20 EMA
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
USOIL HOW TO TRADE VOLUME AND CANDLESTICKOn the first marked candlestick you can see how the volume was high and the price closed (red) immediately followed by a return big candle with strong volume (the bulls defended). Then they try again and fail.
Here's the reason why i hunted low wick today after the news. I expect this time we break the 200 DMA and test $83
RUNE SCALP SHORT, STILL BULISH FOR LONGin the analysis below I have shown two scenarios that I see (the link will be in the description) rejection from 2.2 or continuation of filling all levels up to 3.35.
Since the second scenario happened, I expect a slight cooling to at least 2.7, and if it is risky to short the upward trend, Daily divergence on RSI is displayed and at 4H it is already taking place.
I remain bullish on this coin, but I will certainly try to hedge position
DXY NEW WEEKLY LEVEL In the last analysis, we expected 108 final peak, but also below the level of 106,200 is bearish. With what we see now, we got a new weekly level and currently higher probabilities show that we are going into a correction.
Things to watch eurusd and spx primarily.
Closing above this level cancels this setup.
You can check below my opinion about DXY
CRUDE OIL UPDATE SHORT TERMAfter showing a weakening, profit was taken at $92 and I'm ready to jump in if the setup shows something bullish.
The red rectangle shows where the orders are and that the price failed to close above and therefore we got a new weekly level.
These are the two probabilities I'm looking at, which give the same result for LONG.
The Techniques
Below I am looking at 0.3 Fibonacci, the wave of the last range (05.Oct-5.Nov.), the last Higher High, 100 Weekly MA and 50 Daily MA.
My final target is still $104-$106, but if the setup is shown, of course I will enter again.
BTC price $26K - $34K BTC broke out of the accumulation and showed an aggressive way up. This was to be expected.
Now I see three scenarios:
1. A further compression and reaching the range of 32-34 thousands, from which the sales can go and put BTC into accumulation, gain strength and continue moving up with the targets ~$40k.
2. A retest of the breakout level, where BTC showed growth and also formed an imbalance, somewhere near the end of the week (followed by a quick redemption).
3. Weakness of the buyer, uncertainty of the market, and everyone's favorite FUD. Unsuccessful upward breakout, leaving below $28.5k will confirm a (short-term) deep correction.
ETH - Long here and Short thereBYBIT:ETHUSDT
4H time frame
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ETH formed an inverse HS after breaking out 1686, it is on the path of retest, so we can long it if retest the downtrend line and support confirm(~1655).
Also, we use XABCD to judge the trend since previous high point 2029.4, then predict the potential reverse area around 1950~1990.
So just be careful or try to open short if ETH can keep climbing until 1950 after the retest works.
Ethereum is getting ready for the new upside moveEthereum:
After testing support of 3000 multiple times , Ethereum is getting ready for testing the intraday resistance of 3200. My intraday target for ethereum is 3200 while 3500 is my target for this week. Key levels for this week are 3000, 3200 and 3500.
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics