Trendanalyisis
Minor (Bullish) and Major (Bearish) Bitcoin Price MoveThis is my unbiased observation on #Bitcoin price move as seen on the lower TF (4hrs) and the higher TF (Daily).
As seen on the chart: The 4hrs TF clearly shows a Bullish flag Pattern has been boldly printed which signifies an upward move in price to the $48k - $50k region.
Moving onto the Higher TF, a large Bearish Flag can be boldly seen printed on the chart and it's a confirmation that we are still going to experience a massive upcoming dip to around the $28k - $30k region.
@CryptoPornster @JBDigital
AUDUSD trade idea on 1H timeframeprice played inside descending broadening wedge and also respected the support level at 0.70530, for a short term trade we can take the upside movement inside the DBW pattern. please wait until rejection occurs clearly on the lower timeframe for a buy entry. Good luck traders!
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
$TSLA beats the earnings expectation!a quick recap on tesla play this morning. congratulations if you caught the move this morning for $TSLA (see my previous post). the buy and sell signal for put was reached in the first 2 hours after the market opens and keeps going down. after the earnings announcement,
Tesla stocks surge up and in after-hours, it pulls back down. later in the evening. those moves are typical in every earnings after hours.
Tesla will surge back again in pre-market. with the hype of the positive news and guidance about the next earnings tesla could continue to surge back up again back to 1050-1100 keep in mind that there's a fed meeting tomorrow so the market could get choppy as the meeting goes on.
if tesla surges up in the aftermarket there's a high probability of a sell-off at the opening bell as pre-market people are taking a profit. let the pre-market people take profits and ride the reversal after the sell-off cools off.
if the tesla opens lower below 1000 ride the momentum as the volume of picks up to the upside.
Below is my ideal entry for day trading or scalp play.
TSLA: Day trade or scalp target play: 04/21/22
Buy call above 1039.66 sell at 1050.88 or above.
Buy puts below 1009.40 sell at 997.47 or below.
option open interest: ideal expiration date: 4/29/22 5/20/22 6/17/22
Hello everyone,
Welcome to this free technical analysis. ( mostly momentum play )
I am going to explain where I think this stock might possibly going the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
If you have any questions or suggestions on which stock I should analyze, please leave a comment below.
If you enjoyed this analysis, I would appreciate it if you smash that LIKE button and maybe consider following my channel.
Thank you for stopping by and stay tune for more.
My technical analysis is not to be regarded as investment advice. but for general informational proposes only.
NZDJPY trade idea at 30mcurrently, we are seeing the price held by a strong support level at 86.610, I will wait for the price to break out of the support level with strong momentum down before placing any sell order.
**Disclaimer** the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
$HD bearish continuation? $HD slowly plunges since the beginning of this year. not much negatives news besides the overall supply chain issues and inflations. but the most reason why it took a dive is the short sellers.
there's been high percentage of short seller since the beginning of this year making $HD to a bearish mode until now. but the percentage of short seller starts to fade about 21% since march. but we still don't know
how many institution finish their shorts positions. In my opinion this is a good buying opportunity for long since its sitting in support line at 299.00 after its long rally.
HD average move per day is $5.00-7.00 per day.
Below is my ideal entry for day trading or scalp play.
HD: Day trade or scalp target play: 04/19/22
Buy call above 303.36 sell at 305.20 or above.
Buy puts below 297.19 sell at 295.17 or below.
option open interest: ideal expiration date: 5/20/22 6/17/22 8/19/22
Hello everyone,
welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
If you have any questions or suggestions which stock I should analyze, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it if you smash that LIKE button and maybe consider following my channel.
Thank you for stopping by and stay tune for more.
My technical analysis is not to be regarded as investment advice. but for general informational proposes onlY
GBPCAD Analysis and signalBe sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer
This is just idea, not trading advice, use at own risk.
reasons:
It is recommended to buy in this price limit
It is mandatory to pay attention to the stop loss and the target marked on the chart
Do not be greedy and adhere to the specified principles. I hope you will be profitable
Note that there is no 100% analysis and it is possible to stop flirting
This is a personal analysis and you should not enter into a transaction without review
If you know this, make a purchase
Be sure to adhere to the principles of capital management and do not invest more than 2% of your capital in each transaction.
High-risk individuals can enter a maximum of 5% of risk capital in this transaction by accepting risk-taking.
This analysis has been analyzed with the classic Elliott topics and neo wave style. Also, the principles of price action have been used.
BITCOIN POSSIBLE BULLISH | UPTREND |
| REASON |
Bitcoin currently playing in Falling Wedge Pattern which is a Bullish Reversal pattern meaning Market will be expected to PUSH UP.
If market breaks out of the wedge upside then that bullish expectation will be high
EXPECTATIONS
If BTC breaks above 41000 then i will expect a retest to the wedge and continue upside
If BTC breaks below 39234 then i expect it to continue support area 37385 or 36344 to hold and break above the Wedge upside as market still plays in the Wedge
TARGETS FOR BULLISH
43221
45579
47698
Prepare to pump, over 100% On 1H TF
Loopring ( BINANCE:LRCUSDT has been retracing after surged to 1.36
Right now, LRC is trading around 0.89 with the invalidation level below 0.835
We have a huge potential to take profit up to 105% at this price because of a golden ratio 1.382 Fib of wave 3 at 1.8
Wait and see
AUDUSD WAVE AND PATTERN ANALYSIS TRENDThis post is just a personal idea and analysis should not be the criterion for buying or selling
It seems to be in the g-wave and based on confirmation from other currency pairs such as eurusd, which has a negative correlation with this currency pair and the euro is bullish, this currency pair will probably fall to the specified range in the long run.
It may form in the same diametric microwave
The range I consider for the target is 0.47780
In the rectangles on the chart, the patterns formed in the past in microwaves are labeled in different time cycles and can be used for teaching and learning.
On the chart, I tried to segment as much as possible the educational tips related to the classic Elliott and Elliott in neowave style in the rectangles I drew and the formation patterns in different time cycles. I hope my efforts will be useful for educational materials.
My prediction is that the price will reach this level in the next 4 to 5 years
ETH Trend AnalysisETH is forming bear flag pattern with a downside target of $3000 in short term.
It is going to retest the symmetrical triangle from which it broke out.
I am expecting a 10% bounce at 3000 level (FIB 50%) upto 3300 then further decline till 2750 level.
More downside possibility ahead but those will be updated as chart pattern unfolds.
Peace!!
BTC Trend AnalysisIf BTC had to follow break out of triangle pattern, then the retest bounce on 1st of April would have soared high.
Now it is getting invalidated (in confluence with RSI) and the support became resistance again.
As stated in my previous TA on weekly time frame, Rising wedge or potential bear flag is forming.
Link is provided below for your reference.
Peace !!
EURGBP Trade Idea - Elliott WaveLet’s discuss the price chart of the EURGBP currency pair based on the 480 minute timeframe.
From the Elliott Wave perspective, the price action has recently completed an ending diagonal triangle formation. The price is trading within Wave 3 (circle). The most recent retracement is approaching a 78% Fibonnaci level.
From the Hurst Cycles perspective, the composite model line which measures the combined cyclical pressure, bottomed on April 1 (1st vertical line), and is projected to form a top on April 29 (2nd vertical line).
Based on this, we can expect prices to find support at or near the current level and start trading higher towards the 0.8599 level which is the next major resistance area.
If you find this analysis useful, make sure to press the “Like” button and comment.
BTC Trend AnalysisBearish crossover of 20 & 50 WMA happened already.
Historical crossovers show 54% decline from the week of crossover.
Big volume dump at second instance is due to pandemic.
I don't think 54% dump possible this time.
Logically BTC is twice as volatile as Nasdaq and if it corrects 17-18%,
then BTC can correct almost 35% to 30,000 level approx.
NVDA: Pay attention to these PRICE LEVELS!Hello traders and investors! Let’s see how NVDA is doing today!
First, in the 1h chart, NVDA is still in a clear bull trend, and there’s not a single bearish structure around. In this case, all we can do is assume it’ll keep pushing up, until it hits the next resistance level, which we’ll talk about soon.
However, the most important key point on NVDA is the green line at $ 272. This point worked as a support and resistance in the past, and it won’t be easy for NVDA to lose it. However, if it does, we’ll probably see a correction in the daily chart.
A correction here shouldn’t be scary at all, for many technical reasons.
It is important to say that since NVDA broke the purple line, and started doing higher highs/lows, it is in a bull trend. Any correction in a bull trend is just an opportunity to buy at a cheaper price. What’s more, pullbacks are natural and expected movements, and as long as we don’t see a clear reversal pattern around, there’s no reason to panic when it drops.
As far as I know, NVDA could drop all the way down to the 21 ema again (now at $ 259 and rising), and this wouldn’t ruin the bullish bias. The next resistance is at $ 307, and regardless if we see a pullback or not, this is a nice target to work with right now.
Only a bearish reversal structure would change my mind, and so far, there’s none. I’ll keep you guys updated on this, so remember to follow me to not miss any of my analyses!
AUSSIE FALLS FOLLOWING RBA DECISIONAUD/USD fell sharply on Monday, following the RBA decision, breaking below the upside support line drawn from the low of September 29th and stopping at 200-EMA. This has discarded the bullish case, but it has yet to confirm a bearish reversal signal. Therefore, the traders probably will stay sidelined for now.
According to the experts, a bearish reversal signal will be a clear dip below 0.7375, support marked by the high of October 18th. This will confirm a forthcoming lower low on the 4-hour chart and may initially pave the way towards the low levels around 0.7311. If the bears are unwilling to stop there, then a lower break could allow extensions towards the low of October 06th, at around 0.7220. Below that lies another potential support zone, at approximately 0.7169, from where the buyers probably will jump back into the action.
Now, in order to start examining the resumption of the prior uptrend, the traders would like to see a rebound back above 0.7550. This will confirm a forthcoming higher high on the daily chart and may see scope for extension towards the 0.7600 zones, the break of which could pave the way towards the inside swing low of June 3rd, near the 0.7650 area.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carry a high-risk level. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and such sites. Furthermore, one understands that the company carries zero influence over transactions, needs, and trading signals. Therefore, it cannot be held liable nor guarantee any profits or losses.
Bitcoin flies to the 72/000 channel Baa falls $ 8000
as I said before
From Sunday to the end of the week, the ascent process to reach the peak of 72,000 begins
And whale traps are on the way
We may climb up to 78,000
This is the best time to make a profit
And get out of the market and be an observer
Since it is 60 days , the market is red and after this climb, we will be accompanied by an unprecedented fall of bitcoin, so that it returns to the price of the previous year.
I repeat, take advantage of the best time and get out of the market before it is too late
The fall to the 8000 channel on May 25, 2021 will be inevitable and after that I will not leave any analysis for the next 4 years.
Bitcoin flies to the 72/000 channel Baa falls $ 8000
As I said before, , to the weekend, we will have an upward trend to Channel 72
As a result of the money triangle where the left wing of the bat is in the $ 8000 channel and the right wing is stretched to the 72/000 channel, the weight of the left wing will cause fatigue of the right wing and thus fall to the $ 8000 channel. will be
The fall to Channel 8000 will be final until May 25, 2021
The second wing of the bat is opening for the next leap to the 72/000 channel
The first wing in the channel is $ 8,000
The weight of the first wing causes the bat to become too tired, and the second wing, which opens up to the $ 72,000 channel, will fall down and be pulled into the $ 8,000 channel
The money triangle, which is the second wing of the bat, does not form
The 60-day resistance wave is shaky and leads to drift