EURO vs USD As shown with the trend lines, Euro is depreciating against the US dollar. Analysing the DMI, the spread between the two primary lines is large and the average directional index is around 38 hence, the trend is strong. We are expecting the EURO to bounce off the bottom of the channel and decrease after reaching the upper trend line.
Trendanalysisexplained
XAU NEAR FUTURE PREDICTIONS (4HCHART)Technical Analysis Summary
XAU/USD
TREND ANALYSIS
We have 1 Downtrend in red color
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
White Levels are levels from my past ideas published or levels that were respected from the past only for explanation purposes.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content beneficial please don't forget to LIKE and FOLLOW
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
ETHERIUM 4HOURLY NEAR FUTURE ANALYSISTechnical Analysis Summary
ETH/USDT
TREND ANALYSIS
We have 2 Downtrend in red color (Internal and Long Term).
We have 1 Uptrend in green color Internal Trend (Short term) )
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
White levels Levels are levels from my past ideas published or levels that were respected from the past.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content beneficial please don't forget to LIKE and FOLLOW
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
USD/JPY: bearish flag channel + SHS U.S. Dollar forming a bearish flag channel in H2 timeframe, you can to view in H1 too, but in H2 we see one thing very good in this analysis. Because in the price action, we formed now a bearish engulfing pattern. But into this price action, we see a bearish flag in formation that the price could to drop. And right now, we forming a Shoulder Head Shoulder (SHS) that it's in formation and we have this chance to put a short position in USD/JPY. Also, we could to put a short position in USD/CHF as USD/CHF will drop too. But in my opinion for USD/CHF it's that if we like to short this par, the price need to break out the demand zone, but we could to have this opportunity to short. But in USD/JPY it's very more clearly than USD/CHF that we could to find a short position in the good point now.
Shoulder Head Shoulder and my projection to $132.20 JPY.
i put a sell order limit to $135.12 JPY and target to the $133.80 JPY (support in the EMA 200) and Stop Loss to $135.68 JPY.
This it's a risk/benefit of 1:2.
Good luck!!!
ETHERIUM 1HOURLY NEAR FUTURE ANALYSISTechnical Analysis Summary
ETH/USDT
TREND ANALYSIS
We have 2 Downtrend in red color (Internal and Long Term).
We have 1 Uptrend in green color Internal Trend (Short term) )
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
White levels Levels are levels from my past ideas published or levels that were respected from the past.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content beneficial please don't forget to LIKE and FOLLOW
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
BTC SHORT 1H Hello everyone, let's take a look at the BTC to USDT chart over the 1 hour timeframe. As you can see, the price is moving below the local downtrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 19,770, if the support breaks down, the next one is $ 18,456.
Now let's move from the resistance line as you can see the first resistance is $ 20,336, if you can break it the next resistance will be $ 20,628, $ 20,871 and $ 21,109.
Looking at the CHOP indicator, we can see that in the 1-hour interval we have a lot of energy and the MACD indicator shows that we have entered the local upward trend.
GBPUSD Long Term Predictions (4H Chart)Technical Analysis Summary
GBP/USD
TREND ANALYSIS
We have 1 Uptrend in green color .
We have 1 Downtrend in red color (Long Term)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
White Levels are levels from my past ideas published (Last 4H Support published yesterday) or levels that were respected from the past.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content beneficial please don't forget to LIKE and FOLLOW
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
XAU NEAR FUTURE PREDICTIONS (4HCHART)Technical Analysis Summary
XAU/USD
TREND ANALYSIS
We have 1 Downtrend in red color
We have 1 Uptrend in green color
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
White Levels are levels from my past ideas published or levels that were respected from the past (4H Resistance and Support level) only for explanation purposes.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content beneficial please don't forget to LIKE and FOLLOW
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
Cardano forming a symetric triangle to overview now!!!Cardano price forming a symmetric triangle in 3 Daily timeframe and it's in this clearly consolidation that could to up to $0.61 cents again to watch this smart price to sell this cryptocurrency, and also entry in the smart point to sell and following the trend always.
So, I will closed up my short now because crypto could to up a little ,but it's not to the moon and always following the trend it's a key to learn very good.
In Daily timeframe, we formed a demand zone over here around $0.47 cents and price continue climb to see now a possible chartist pattern in formation.
So guys, I have this perspective shorting ADA in 3 Daily timeframe. I expect that the price climb to $0.61 cents approx. and then wait to entry in short position in that zone to sell Cardan toward my new point $0.20 cents. This it's a crash of almost 70%
I hope that this idea support you
Bitcoin could to crash easily to $12,500 USD soon!!!In my Daily analysis, I share my own point what I see in the Bitcoin price. I don't thinking to long Bitcoin for nothing, because we're in the clearly bear market. What I can to hope it's that Bitcoin reach $22,500 USD approx. and watch this point of supply zone to sell in that point. I can to calculate the past crash that Bitcoin was around $30,800 USD on June, 8, 2022 and crash to $17,800 USD on June, 19, 2022 and it's take 11 days to crash over -44%. What I can to see, we could to repeat the same play to watch a possible the beginning of the crash from $22,500 USD to $12,500 USD in the next step out to watch.
So, I hope that this idea support you in this expectative in the Bitcoin price.
ETH/USD: break-out of this bearish trend lineIn H1 timeframe. Ethereum made this break-out of this bearish trend line formed in H1 timeframe. And also, draw the Fibonacci level, Ethereum it's in the bought point in the 0.382% Fibonacci level. And maybe what consider, it's that Ethereum could to reach $1,200 USD, in the exactly EMA 200 point. And we could to get this long opportunity to find up 14% of movement.
I will put a long position now and Stop Loss to $1,005 USD and my own target in this day trading will be $1,200 USD. And my entry price was around $1.051 USD.
And well, analyzing the H4 timeframe, the trend could to be consolidate for few days until Ethereum fulfill the next step to crash, what I expect in medium term.
Good luck in this long position
AAPL: Pay attention to these KEY POINTS!Hello traders and investors! Let’s see how AAPL is doing today!
First, in the 1h chart, we are clearly bullish, as AAPL is doing higher highs/lows and it is above the 21 ema (which is pointing up). As long as it stays above the 21 ema, it won’t reverse, but if it does, the gap at $ 132 area might get filled.
The main challenge for AAPL seems to be the red line at $ 137, as this is a key resistance that worked a few times before, and it is trying to work again. By doing a breakout, preferably closing above this line, AAPL could trigger the next bullish movement to fill the previous gap at $ 142.
Maybe this could be an Inverted Head and Shoulders chart pattern as well. Either way, the key point is the same: $ 137.
The main problem with AAPL is that the trend is still bearish in the daily chart. We are doing lower highs/lows and we are below the 21 ema. The short-term momentum is bullish, but the mid-term isn’t.
In this case, we must pay extra attention to the 21 ema. If AAPL does any top sign around it, it might frustrate the bullish sentiment in the 1h chart.
Moments like this are complex and difficult, as charts don’t speak the same language, but soon AAPL will become easy to read again. I’ll keep you guys updated on this, so remember to follow me to keep in touch with my daily insights!
SPX: Being SQUEEZED! Strategies for a BREAKOUT!Hello traders and investors! Let’s see how the SPX is doing today!
First, in the 1h chart, we see that it is still below the key point at 3,810 (purple line), while the 21 ema keeps going up, squeezing the price more and more against the purple line, as time passes.
If the index loses its 21 ema, the gap at 3,694 would attract the price, and it could go even lower, maybe to the 3,636 again (green line). On the other hand, if we break the 3,810 it is easy to see the index filling the upper gap around 4k.
The main problem with this bullish thesis is that before the 4k, we have the 21 ema in the daily chart around 3,900, and since the SPX is still in a bear trend, the ema is supposed to work as a resistance for us.
For now, let’s keep our eyes open, as we are between two important key points in the 1h chart, and a breakout to any direction would dictate SPX’s movements for the next couple of days.
I’ll keep you guys updated on this, so remember to follow me!