ETH/USDTOverview ETH/USDT
1. Fibonnaci - rejected from 0.618 hoping to bounce again to 0.702 retracement. BTC is king here.
2. VPVR - resistence at 3100$
3. Volume is decreasing. (FOMO disappear slowly from the market)
4. Macro overview of the market is neutral-bearish. Maybe we'll see parabolic run or maybe massive crash.
5. Strategy + Patience = Success.
Trends
Smart Money vs Retail tradersIn this Chart I show you the Universal Trading narrative of the FOREX Market. By simply knowing that the trend signifies the market is reaching for liquidity and to fill imbalances you will always be able to catch a entry or two or three daily on your pair. The market makers make money when the Smart Money pulls their profits creating order blocks aka consolidation. When the market makers accumulate enough buy and sell stop orders they continue the move often with the trend. The Big Trend Moves are always the Smart Money. Trade with them and you will always eat!
Happy Trading Family!
ETHUSD CRITICAL STAGeETHUSD par is at a critical stage to move towards a new bullish trend.
The .382 fibonacci retracement was successfully overcome, i.e. the bearish trend is weaker right now.
Next big step is break the 200 periods moving average with over mean volume.
The key these days is not to lose 3300 level.
Speculating the Bottom for Bitcoin around $10,000 to $13,000KMany analysts I've listened to over the couple of months have said a bottom in for Bitcoin around $10-$13K because they use the previous ATH at $68,000 ish as the top of this Bull Market season. That would mean a break in pattern from previous cycles where the bottom is lower than the previous Bull Season top out. This is one of the reasons why I'm leaning toward another month or so of upward action, setting a new all time high so the bottom would fall around $22,000 where and unclosed CME gap is. We shall see. If this Full Moon sees a dump to create a higher low I'll lean toward a supercycle on the way. If we see it create a lower low then I'll concede $68K was the top.
BTC GO UP orrrr DOWN?interesting 15 min. fib wedgies are and bull print are looking identical. I got 1000$ going up, any takers? oh yeah macd used as well. RSI i still question till this day, might stop using it.
ooh yea, sorry for the chart mess, just needed to know what i was looking at. Notice the time frames in between highs and lows. keep in mind about 2-3 hour on major reversal. Hour on smaller ones.
dontforgetthebasics
Confirming Trends with the Lower Time Frames NZD/USD ExampleHey Guys!
As you guys know, for the past 2 weeks I've been taking multiple trades on the Nzd/usd, both short and long.
First I was taking short trades with the daily short bias, then long trades along with the bias change into long on the daily chart.
In this video, I explain how I knew the daily bias has changed into long thus aborted my initial short entry and began entering long trades.
These lower confirmation tactics play a huge role in my trading, and even if you don't trade with price action, it can be a great addition to your current strategy.
I hope it helps!
Have a great day guys!
Ken
Bitcoin's Crossroad - FOMC March 2022I believe this is the only way to view what may happen in the near term future with BTC price speculation.
I know twitter is full of perma-bulls saying that 32/33k will never be seen again, they could be correct, but regardless their bias shows because they are making their decision too early...
Perma Bears said we were going to 18-14k even 11k last week on Russia Fears, and the War is turning out to be worse than expected, while the market as well as BTC has shown resiliency in the face of the worst potential conflict in the modern era... Super Power Conflict... even with Gold Spiking... BTC pumps??? (STRANGE)
We will know soon what is going to happen, but anyone calling it today is at best, an over-eager trader. This point today, makes a great short opportunity... March 15th, we will see what happens...
Buy the Rumor, Sell the News? - Goodluck!
(Near Term Short, (1-3 Days out) - 35-37k retest possible... we are at major macro resistance here...
COMP Trade zones Taking a look at this stock because of a screener alert.
Here's a chart with zones marked. It looks like in the really long term you might see upwards of $13, but I wouldn't expect it to be higher than $18.
I think currently, $9 seems to be where this stock is heading.
A Monday morning dip could definitely be a buy opportunity to $9.
I also, am noticing a lot of trends in the market leading to march 17th through the 23rd which are showing a possible big movement (crash maybe). I'll keep watching, but just be careful around those dates.
DOGE Weekly chart (the $1 climb)Here's the weekly doge chart that I used in the video the other day.
Something to think about.
If Bitcoin starts to hit the highs that everyone was talking about (200k,500k,700k, 1.2mil).. What would the altcoins start to look like?
$.10-$.12 starts to look pretty cheap
GBPJPY 15/02 POSSIBLE SHORTS TO COMEGBPJPY Techical Anaylsis.
Possible sells to come Will wait for sessions to open with volumes possibly the asian or London.
Currently there is a no trading zone as we are ranging.
waiting for confirmation either a break of formation or a retracement and candles pullback with bull power.
Alerts have been made also waiting for asian session and CPI news tommorow morning which is expected high impact news.
Always use a risk calculator and have a stop loss.
Please like and feel free to comment your opinion as you wish!
RISK DISCLAIMER:
Trading Forex,CFDs, Crypto, Futures and Stocks involves a risk of loss.
WHEN TLM NEXT PUMP TO $8? Deep Multi-timeframe analysis When Can TLM see $8? Alien World (TLM) price prediction 2022 update. Should you buy more TLM at the current price or?
Alien World(TLM) price predictions show a possible pump incoming using a simple price action strategy by Bitcoin Gorilla.
Alien World crypto token next shocking price move multi-timeframe analysis(No Indicators Allowed).
Simple BUT Not EasyReading charts and understanding the "Language" of the market is very simple but at times due to high involvement of our emotions we make it very hard.
Any market or chart that you see will be in a phase all you have to do is identify it on a higher time frame.
Lower Lows & Lowers Highs is a definition of a down trend.
Higher Highs & Higher Lows is a definition of a up trend.
If you can see the above both happening then market is ranging.
If you are having a short bias on a particular instrument always look for a shorting opportunities in a lower time frame after confirming the phase of the market in a higher time frame.
Always wait for a confirmed trend don't try and jump in too early.
Let market decide the direction, don't force your self.
Risk Management is very important, Plan your trade with a proper risk that you can manage.
Trading is a marathon, if you try to sprint you will fall down and injure yourself.
Slow & steady wins the game :)
Thanks
S&P500 Forecast 2022 We are now at the top of the cycle that has completed, from here price should make a correction back to the previous monthly support levels. This is a natural market cycle that is inevitable as of right now in my opinion. I expect price to trend down for the first half of 2022 & may have a bounce in the zone once we near 2800 on the S&P. All indices will tank along, I am keeping and eye on Gold for a bullish hedge but reality is that it could fall out along with every thing else. Play your cards right, this is a waiting game & these are the type of moves where you can extract most of your profit in a relatively short period of time. Trade safe, enjoy.
USDJPY BEARISH SETUP 4HR/DAILYUSDJPY has been in a monthly bullish uptrend since the first week of 2021 creating HH's & HL's while bouncing off my symmetrical trendlines perfectly. It wasnt until the first week of July 2021 where we see on the 4hr that price was 1. 'OVERBOUGHT' indicating time to sell soon in addition to 2. 'NFP' (every first friday of the month) making the market just plummet 200 pips which also 3. BROKE my weekly bullish SUPPORT trendline'
3 strong confluences that price is preparing to REVERSE
Seeing that price is now creating LH's & LL's on the daily timeframe SELLS are ideal to trade, so to enter this trade I expect price to either 1. 'RETRACE' from the '78.6%' area of my daily fibs at around 110.250 or 2. 'RETRACE' off my 'RESISTANCE ZONE' around 110.500 and 3. 'BREAK OF SUPPORT' line on 1hr would confirm SELL.
200pips down to 108.500 is my goal for month of august
#ThePipPimp