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Trendreversal

THETABTC | S/R Flip | Trend Reversal | Trade SetupToday's analysis – THETABTC – Putting in an S/R flip retest of daily support. Price holding this level validates a long trade to structural resistance. Points to consider: - Trend Reversal (S/R flip) - 21 EMA (visual guide) - Bearish divergence (playing out) - Stochastics above 50 - Low Volume THETABTC forming a probable higher low above daily support as it retraces for a retest. Price holding this level will indicate first signs of a trend reversal as the market builds momentum to the upside, establishing a bullish bias. The 21 EMA will act as a visual guide as the trend develops and price respects the MA assisting in trade management. Bearish divergence playing out as price tests support. Both oscillators need to hold and range above 50 to maintain the bullish bias. Volume is low and below average, usually, an indication of an influx being imminent. Overall, in my opinion, s successful retest of the daily support level validates a long trade to structural resistance with risk defined (SL) below support zone. What are your thoughts? If you’ve read this far - thank you for following my work! And as always, Focus on you, and the money will too!
Long
by Kudiiee
2
MITHBTC | S/R Flip | Trend Reversal | Inverse Head and ShouldersToday analysis – MITHBTC – Forming a higher low, consolidating above daily support validating a long trade to technical targets above. Points to consider: - S/R flip Retest (trend reversal) - 100 EMA (support confluence) - Inverse head and shoulders - Low volume - Oscillators neutral MITHBTC trading in a healthy uptrend forming a lower high with a valid S/R flip retest of daily support, establishing a bullish bias with signs of a macro trend reversal. Price breaking above and respecting the 100 EMA allows for an additional layer of support. Holding above the MA is bullish, supporting the bias for a trend continuation. A valid inverse head and shoulders (bullish trend reversal pattern) is also in play as price holds above the neckline coinciding with daily support. Volume has tapered off and trading below average, an influx is essential as price gravitates towards daily support to avoid any false breaks and restore strength in the anticipated trend continuation. Both, RSI and Stochastics are testing the 50 levels as volatility contracts. Although further price action will allow for directional bias, it is essential oscillators hold above 50 to maintain a bullish bias. Overall, In my opinion, a long trade is validated as MITH retraces to daily support with technical targets above - defining risk (SL) at the previous swing low. If you’ve read this far - thank you for following my work! And as always, Focus on you, and the money will too!
MLong
by Kudiiee
2
ALGOBTC | Key Level | Trend Reversal | Head and ShouldersTodays Analysis – ALGOBTC – Forming a potential head and shoulders pattern, trading at a key level within a multi-month descending channel. Points to consider: - Range Median – key level - Head and shoulders - Low volume - RSI below 50 - Stochastics oversold ALGOBTC has found support at the range median of its descending channel. Price holding above the area will establish the right shoulder of a potential head and shoulders (H&S). Price breaking and consolidating above channel support will further validate this pattern. A validated head and shoulders pattern will establish a higher low in the chart, indicative of trend reversal, forming a bullish bias in the market. Volume is tapering off and remaining below average, an influx is needed price attempts to break channel resistance to avoid any false breaks as seen previously. The RSI has broken below 50 indicating increasing weakness in the immediate market. Stochastics are oversold and may remain oversold for some time as seen historically, before momentum shifts to the upside. Overall, in my opinion, further price development will determine a directional bias. An S/R flip at channel resistance will allow for a long bias and a break below range median, price is likely to test channel support. What are your thoughts? If you’ve read this far - thank you for following my work! And as always, Focus on you, and the money will too!
by Kudiiee
BATBTC Trade Setup | Trend Reversal | Hidden Bullish Divergence Today's chart - BATBTC – Consolidating at key support; a successful re-test validates technical targets above. Points to consider: - Trend Reversal - 21 EMA visual guide - Hidden bullish divergence - Stochastics oversold - Low Volume BATBTC testing trend support after a strong bull move into daily resistance, price respecting support level will form a higher low on the chart, indicating a trend reversal and will allow for trend continuation. The 21 EMA will assist as a visual guide, price breaking and trading above the EMA is a confirmation of strong trend continuation. Although trading below 50, the RSI confirms a hidden bullish divergence: price has made a higher low whilst the RSI has made a lower low, indicating a strong market accumulation. This also allows for ample space before the oscillator reaches overbought conditions as price breaks bullish. Stochastics are also overextended, although they may remain there for some time, momentum has been stored to the upside. Volume has been tapering off, indicative of an influx being imminent, likely to coincide with a break in either direction. Overall, in my opinion, BATBTC needs to hold trend support and break above the 21 EMA to validate a conservative entry for a long trade to technical targets above. What are your thoughts? If you’ve read this far - thank you for following my work! And as always, Focus on you, and the money will too!
Long
by Kudiiee
ADABTC | Key Level | Bearish Price Action | Trade SetupToday's analysis – ADABTC – Showing signs of exhaustion as it tests key a support level. Breaking below support, price is likely to retrace to daily support. However, if PA continues to respect the 21 EMA, a bullish continuation is probable, negating the thesis. Points to consider: - Bearish price action - S/R flip re-test (trend reversal) - 21 EMA (visual guide) - RSI testing 50 - Bearish Stochastics ADABTC showing signs of a local trend reversal as price retraces from local highs where bull moves are quickly being sold into by the bears. With body candle-closes below local support, price will likely retrace to daily support where it finds an equilibrium between supply and demand before a decisive macro trend continuation or reversal. A break below the 21 EMA forms a bearish bias and an S/R flip re-test of local support and the 21 EMA will form a lower high, confirming the bearish bias. RSI forming a lower high projection. A break below 50 is needed for price to break local support and retrace to lower levels. Stochastics projecting down, breaking below 50 indicate decreasing momentum in the market. Overall, in my opinion, a body candle close below local support validates a short trade to daily support with risk defined (SL) near local highs. What are your thoughts? If you’ve read this far - thank you for following my work! And as always, Focus on you, and the money will too!
Short
by Kudiiee
2
ATOMBTC | Key Level | Double Bottom | Trend Reversal Todays Analysis – ATOMBTC – Consolidating at key support, an impulse move to structural resistance is probable as it continues to hold above the 200 EMA. Points to consider: - Pivot point (key level) - Double Bottom/probable head and shoulders - Macro trend reversal - Volume influx - RSI above 50 ATOMBTC trading at a key S/R cluster as it breaks and holds support above the 200 EMA, attempting to break bullish. Body candle closes above this zone, an impulse move to structural resistance is probable. A bullish continuation from this level validates a double bottom pattern. An S/R flip retest of daily support will form a left shoulder for a probable head and shoulder pattern and also form a higher low on the chart (indicating a macro trend reversal). The recent influx of volume coincides with bullish price action, adding substantiality to the move. Volume must remain above average to maintain a continuation and avoid any fake-outs. RSI and stochastics trading above 50 validates strength and momentum in the immediate market: oscillators need to range above 50 to maintain the bullish bias. Overall, in my opinion, ATOM needs to hold daily support to increase the probability for an impulse move to structural resistance. If you’ve read this far - thank you for following my work! And as always, Focus on you, and the money will too!
by Kudiiee
2
OGNBTC | Trade Setup | S/R Flip | Bullish Price Action Today's analysis – OGNBTC – breaking bullish from its immediate downtrend as it reaches its apex. Points to consider: - Daily support respected - S/R flip - 21 EMA (visual guide) - Low Volume - RSI breaking above 50 - Bullish Stochastics OGNBTC has respected daily support upon retest, establishing a higher low (early signs of trend reversal). Local resistance is breached as price breaks bullish from its immediate downtrend. Establishing a body candle close above resistance adds validity to the break and an S/R flip retest of resistance supports a bullish reversal. The 21 EMA will act as a visual guide as the trend develops and price respects the MA assisting in trade management. Volume has been declining and remaining below average. Historically, an inflow of volume has coincided with bullish price action, indicative of an influx being probable. Volume follow-through is essential to solidify price action and avoid any false breaks. RSI breaking above 50 indicating increasing strength in the market. Stochastics projecting up, breaking the 50 level is indicative of increasing momentum in the market. Both oscillators need to range and hold above the 50 level for a bullish continuation. Overall, in my opinion, a successful break and retest of local resistance with volume follow-through validates a long trade with technical targets above; risk defined (SL) below daily support. What are your thoughts? If you’ve read this far - thank you for following my work! And as always, Focus on you, and the money will too!
Long
by Kudiiee
2
BITCOIN important NUMBERS for Day Traders(Supports & Resistance)Thank you for constantly supporting us with your likes. Bulls are loosing power and failing BTC from 9800. this can be the beginning of a trend change leading to BTC downfall if it fails to cross 9800. The numbers on the chart shows the major support and resistance zone inside the current consolidation, they are support when BTC is falling and resistance when Btc is rising. BTC Hopes lay in Major supports around this zone on its way down 9600 -9550, 9350 -9400, 9250 -9200. if this supports breaks down then 9050 to 9050 and 8800 is btc last hope or it will drip like hot sauce to 8k or 7500. Would you like to Improve your trading skills to reduce losses and increase your winnings? Join me on Telegram by clicking the link in my Bio if you wish to learn how to read chart, Learn how to trade Cryptocurrency on Futures and Options.Thanks in advance for your Likes
by MachiavelliTrader
ZIL BTC | Trend Reversal | Flow | Key Fibonacci LevelsTodays analysis – ZILBTC – trading in a possible descending channel, currently testing local support. Points to consider: - Flow in the market/price action - Respecting key Fibonacci levels - Resistance Confluence - Trend Reversal - Low Volume - RSI below 50 ZILBTCs healthy counter-trend and strong continuation adds legitimacy to the money flow. The previous swing-low respecting .618 Fibonacci retracement is indicative of a current retrace to .618 Fibonacci level. The .618 Fibonacci level also coincides with descending channel resistance. A rejection at this level will solidify a trend reversal with a lower swing high. An increase in volume is necessary to add legitimacy in the overall market. RSI attempting to recover from oversold conditions. A countertrend will neutralise and prime the oscillator for a trend continuation. Overall, in my opinion, a short trade is validated at the rejection of the resistance confluence with a technical target of local support. Entering the trade at resistance confluence consents immediate trade invalidation (price trading beyond resistance zone), mitigating overall risk. What are your thoughts? Let me know in the comments below! Be sure to leave a like and follow me for daily chart updates. As always, focus on you - and the money will too!
Short
by Kudiiee
4
BATBTC | Structural Support | Apex | Low Volume Todays Chart – BATBTC – trading in a multi-month triangle formation nearing its apex. Points to consider: - Support and resistance converging (apex) - Macro swing low failure - Low volume - RSI breaking below 50 BATBTC needs to hold local support for a break and of local resistance. However, failing to hold local support; a break to structural support is plausible. Swing low failure (higher low) on the daily is indicative of a macro trend shift. S/R flip st structural resistance will solidify trend reversal. Volume is below average, an indication that an influx is imminent coinciding with the probable breakout. RSI is breaking below 50 showing weakness in the market indicating a probable retrace to structural support Overall, in my opinion, BATBTC has some work to do and needs setup. A long trade will be validated on a re-test of structural support (conservative entry) or a break and re-test of local resistance (aggressive entry). What are your thoughts? Let me know in the comments below! Be sure to leave a like and follow me for daily chart updates. As always, focus on you - and the money will too!
Long
by Kudiiee
2
Watch the reverse on GBPNZD! As you guys can see very clearly, Now we are on a important weekly zone, I waited for a candlestick formation to let me understand what the market wanted to do and I saw this: A beautiful reversed head & shoulders as well as a rounded bottom. I will watch the closing of the candle on the 4h time frame: if it closes above the resistance that I draw I'm gonna go long, on the momentum candle with a stop loss right under the right shoulder and the take profit on the next possible target. This trade will give me a risk reward of 1.55, that satisfy my trading plan. Now I would like to hear from you.. do you have any impressions? Please let me know what you think in the comments section!
Long
by Leoric97
The most accurate analysis I was talking about 🤩🤩 (part 2)This idea is linked to my previous idea. first check that out and come to this for better understanding. From this 4h chart i am able to understand that there’s plenty more room for trend-reversal. i am not god i may be wrong but, the decrease in volume and this head and shoulder pattern if bitcoin takes correction then we can find it taking some support at 9200 followed by 8800. if you’re able to understand this situation where volume decreases and prices remain in sideways or slightly higher in uptrend then this is the sign there may be a downtrend coming. Observe the neck line for few days carefully, because we can not think only in one direction, we have to be ready if it crosses 10,450. if this happens then we can see BTC to newer high of 14500. in the end i’ll say trade carefully, we can make sweet profit in both trends. if you think that my work worth some appreciation then please follow my telegram channel @harshgpcryptocalls. i share free premium altcoin signals more than 50-70% profit in last month. thanks for your considerations.
by Harshgp
1
No one is talking about this BTCUSDT long-term scenario. 🤯🤯first of all if you are new here then go and check out my telegram channel @harshgpcryptocalls If you don’t like my advices and ideas don’t follow me just ignore. For me, your profit matters. not wasting time let’s start the description. So, currently there are two scenarios present at this time. 1.One is Bitcoin can pump to new high of 14500. (which is highly impossible, but can’t trust the volatility) 2.Second is it can take correction to the 880l level and then enters into a downtrend which can take the price tothe lower level of 4700.(having higher chances) the reason i’ll post in a new 4h chart analysis (i’ll link to this so, don’t worry about detailed analysis) the simple and short conclusion is we’re expecting BTC to cross the levels from breaking resistance or support for new trend of the season. Don’t get trapped in any wrong decision. i advise you to wait and watch for a week. stay tuned happy trading, take care.
by Harshgp
2
Azure Power Global: divergence confirmed, downtrend is startingwww.vfinvestment.site The price crossed down the 100-day moving average very rapidly, the divergence with the MACD was validated by two very strongly bearish candles, MACD looks pessimistic and RSI indicates no oversold condition. I think that is more than enough to assume the price will revert down to the historical support/resistance of 11.80, if not break through it. If you really want to go certain, you can wait for the price to cross the 200-day moving average, but by that time you will probably lose some potential profit. VF Investment can not be held responsible for any financial damages suffered from following our well-funded but personal opinions and trading ideas. Please, maintain proper position sizing and risk management!
AShort
by vf_investment