ADA/USD: Demand ZoneCardano it's look bullish in that deamnd zone. So, It's look interesting to put a long position, but I should to check out in H1 and H4 timeframe to know it.
What do you think about Cardano?
Trendanalysisexplained
ETH/USD: Short Position; updateRight now, Ethereum continue dumping. Ethereum doesn't hit my sell order limit at $3,230 USD by Daily timeframe. But my Daily analysis will be replace for H4 timeframe as we look a bearish continuation in H4 timeframe. I look that it's leading down to $2,760 USD, my point to take profit
Trade Information:
1. Position: Short
2. Entry Price: $3,111 USD
3. Stop Loss: $3,220 USD
4. Target Profit: $2,760 USD
5. Risk/Benefit: 1:3.
6. Contracts: 1.35 ETH
It's excellent the proportion risk/benefit. This will be my latest short position always I reach 25% of this month. I had accumulated 21% in my trades.
It's the time to sell Ethereum here!!!I look in Daily timeframe the following
1. Price action show us that bears are taking control in this bear trend.
2. Ethereum make higher lower in the price
3. We look like resistance in that diagonal downtrend that forming a bullish rising wedge, and now it's work like resistance in that key zone.
4. Ethereum may to find down a level $2,780 USD.
5. And this point it's very important. if Ethereum continue showing a bearish structure and break down the zone of $2,780 USD, Ethereum could to entry in the sell-off and bears will raise the control over this trend.
Now, that it's my 5 key point that I look in Ethereum. Also guys, I like to trade much Bitcoin & Ethereum, as these main cryptocurrencies, they've a lot volume by trades. Sometimes, I can to trade another coins like Cardano, XRP, Chainlink, Polkadot. But most of it, I usually trade more Bitcoin & Etheerum than another altcoin. But yes, sometimes I can to trade Cardano, XRP. Chainlink, Polkadot or anothers.
XRP/USD: Moving into this bearish channelXRP it's moving into this bearish channel. The price it's making higher low and lower low. they fulfill that.
BTC/USD: Shoulder Head Shoulder In this quickly analysis. I found out that Bitcoin forming a possible Shoulder Head Shoulder Inverted in H1 timeframe. It's considered a bullish pattern. But now, price action show some boughts in this zone as we need a extra confimation to know the next hours if Bitcoin going to up or maybe a fake pattern that could to develop. Now, it's interesting to look a market structure. We formed a Lower Low in this drop until this zone, we see a this bullish pattern Shoulder Head Shoulder in H1 timeframe.
So, at the moment, we can't to entry in long position. I prefer to hope a candlestick pattern.
In the next hours, I will update this analysis to know more!!!
BTC/USD: Short Position toward $40,600 USDIn H4 it's look bearish like H8 timeframe
MACD it's showing us sell inminent in this cross-over
I shorting Bitcoin with the SL at $48,650 USD in the live price at $46,200 USD approx. And my target toward $40,600 USD. Only shorting with 0.07 BTC contracts.
Good Luck!!!
ETH/USD: Bearish Channel Etherereum could to forming a bearish channel in H4 timeframe, that perspective could be bearish for Ethereum as Ethereum price it's around of $3,780 USD approx. Now, in the live market, we look a bearish rising wedge in H4 timeframe. Now, if you going in H8 timeframe. There's a track to knowt that we are going to drop based in the price action analysis and move down toward $3,380 USD approx.
So, I'm in short and I thinking today to entry in short position in Ethereum in H4 timeframe.
GBP/USD UPDATE for SELL!Hey tradomaniacs,
GBP/USD Update 👉
After a breakout we have seen a decent re-test of the supply-zone.
After this lower high price should be ready to move down for now!
Was unfortunately too late to prepare a signal here and hope to get another retracement.
Otherwise might be helpful for you!🙏
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
BTC/USD: possible reversal into this demand zoneBitcoin it's in the demand zone, so, it's very easy to look and know this perspectve. We forming a harmonic pattern called Bullish Butterfly. Also, I look a risk/benefit 1:3. It's excellent to find up a long posiiton in Bitcoin to buy. But I want to buy in the market limit at $46,500 USD. Also, we look a bullish divergence in RSI and price action, but as I said here, I will put a buy order limit at $46,500 USD.
Now guys, I look an interesting formation in Daily timeframe in the price action. If we closed up in this bullish candlestick today in 2:40 hrs more. We could to look a bulish reversal until $52,140 USD approx and then, look at this supply zone if Bitcoin will break up this resistance level.
But I put a buy order limit, and also, I will check the Daily timeframe to know how the Daily candlestick close
BTC/USD: Possible bearish signa; BewareBitcoin could to make a correction and forming a lower low in this price action.
Take this analysis in your note. Only we need to hope how the Daily Candlestick will closed up in 1 hour more.
Bitcoin: What Scenario there in the chart?Bitcoin it's in the middle of this structure and price turn around $47,500 USD. Now, I believe that Bitcoin could to drop around $42k key possible level to confirm this level like support. But, we can't to say it. But in case that Bitcoin break the $42k, bears will go to crash the Bitcoin price toward previously level at 30k approximately. Also, another hypothesis that I put here it's that in weekly timeframe we look a formation of bearish pattern like double top and that will be a bear signal that bull rally just stopped at 68k (new higher price)
But in any case, we should be prepare for this both scenarios. But in me, I'm bearish in cryptocurrencies and Bitcoin. But I consider this analysis like neutral.
My Perspective On BitcoinI Personally do think Long-Term is the move. As we see here is seems we are repeating the may move but in a shorter term.
Another way of seeing it, we could be testing the 100 Day Moving Average since we recently tested the 50 Day Moving Average from our last "Dip" back in September.
If we can bounce where we are now then I do see us flying somewhere around 72k around mid January or early February.
Remember this is just my perspective on the current situation in the market and highly advise you not to copy as this could take a turn for the worse at anytime when we least expect it to.
Stay safe, Use Stop Losses for your next couple of trades while we are down right now and Happy Trading/Happy New Years!
Twitter: @qoecs
LTO USDT ForecastDear patrons,
Hope you are doing well.
Forecast for new trade setup of LTO Network ( LTO )
On Daily Time Frame Chart LTO formed Bullish Garltey move.
support area is marked in purple.
RSI is showing over sold and trying to move upwards.
Volume is increasing
MFI is moving up
Targets have been marked
ROI is good.
Good luck
signalsforecasts
WALMART WEEKLY LONG TERM ANALYSISTechnical Analysis Summary
WMT /USD
TREND ANALYSIS
We have 1 Downtrend in red color ( INTERNAL )
We have 2 uptrend in green color (Internal and External trends)
Be careful trends need to be modified when broken to the new peaks (downtrend) and lows (uptrend).
LEVELS OF SUPPORT
We have 1 weekly level of support which is essential to be respected for WMT to continue its move upward and its a great entry level.
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
XAUUSD Trend analysis OANDA:XAUUSD
Bullish Indications
1- Formation of HH & HL
2- Inverted hammer followed by big Green Candle
3- Major monthly Support zone around 1780
4- 4H trendline support
5- support at 0.786 Fib level
6- Double bottom
7- Confluence of Horizontal support + Fib Level + Trendline bounce
8- For last 7 years, December is green for 5 years, 1 year is neutral and 1 is little red.
So I am long biased. Even if Gold continues downward trend, it may show bounce from major monthly support area and if bears appear to be much powerful than act according to plan B otherwise plan A will be intact. Both plans are mentioned on chart
Please comment for any suggestion, follow and support if you like the idea.
Thanks and good luck.
AUD/JPY: Sell structure in the trendAUD showing us a nice short position in my technical analysis in H1 timeframe, but more enfocous in H4 timeframe.
In H4 timeframe we formed this sell structure scenario and we touch 2 times the resistance yellow and this could to show us another opportunity to open up short position in this Forex par. In the right hand, I post a mini-tutorial like a class to show you how this movement work in Forex. This it's similar what happen now in this par.
I hope that this Forex analysis will support you!!!
My entry short position was around $82.96 JPY and I put my SL at $83.43 JPY (38 pips) and target at $81.80 JPY (116 pips)
XAU/USD: divergencesGold showing us bullish divergence in the price action and both indicators (RSI and MACD)
We look in the price actin making a lower low and RSI making a lower high. Meanwhile, in MACD it's appear that we continue in up direction.
Now, I want to share you this analysis in H4 timeframe we're we look indicators oversold and we could to look a bullish reversal in the price.
XAU/USD: lower higher; market structureGold continue making lower higherin the price action and we could to find in this level to watch bought!!!
Polkadot Is Ready For A Deeper Retest, See Why Dot Could Hit $26Polkadot has made some good moves to the upside. The current resistant shows signs of getting a deeper retested before the big pump on DOT continues. But I do See mini bounce along the way. Dot is still sideways around a strong resistance I showed clearly in the above video. Thanks for watching and Happy Trading
BTC/USD: Daily perspectiveBitcoin forming a bearish rising wedge and this it's considered bearish signal in the Daily perspective.
You will be carefully if you put long in Bitcoin. We could to drop to $52,878 USD to the key support level.
I see this bearish perspective in the next days for Bitcoin price.
Maruti about to speedup...Maruti broke the counter trendline (Yellow) on daily time frame as well as weekly timeframe a month ago and then retested and took support beautifully from the same counter trendline on both timeframes that is now acting as a supportive trendline.
After that it has been consolidating for a few days, that according to me shows an accumulation phase (where buyers try to buy as much as possible without raising the price). It's also in a symmetrical triangle formation that is a continuation pattern and here it shows upside movement.
RSI looks good.
MACD recovering from bearish to bullish.
0.382 fib support present near 7450.
Finally
Buy above 7551 for the targets mentioned above in the chart
Choose your risk : reward accordingly.
If you like the idea please LIKE,COMMENT and SHARE.
SOL/USD: Buy in the 0.618% Fibonacci Solana it's showing us an interesting long position in H2 timeframe and also in H1 timeframe. I'm more enfocous in H2 timeframe, we look that I mark these 2 blue arrow that show us a bull candlestick signal and this cryptocurrency could to continue climb in the next hours.
Now, Solana touch the 0.618% Fibonacci retracement, this it's the golden zone that you can to put a long position in this cryptocurrency.
My price entry was around $246.33 USD with the SL at $234.29 USD (0.88% Fibonacci level) and my target at $277.46 USD (-0.618% Fibonacci target)
H4 timeframe it's look bulish too!!!
Good luck!!!
