How I found "The Corrective Trend-Line" of BTC (BacKstory)The very FIRST 'bear-moon' and that giant candlewick was the deciding factor in BITCOINS direction forever ;) I call this "The Corrective Trend-Line"
Trianglepattren
This one trendline decides all of BITCOINS direction..Part 3Part 3 of This one trendline decides all of BITCOINS direction. LMK what you think! This is just for fun!
SLP PROJECTIONThe market shows us a glimpse of bullish today were the market reacted from our daily POI. The market bounce off from expected area 👌
Confluence I have seen for LONG bias:
1. Mitigated D1 POI
2. Potential liquidity has been grab
3. Market reacted from our TL support
3. (Doji reversal candlestick pattern) in POI
4. Bullish harami in POI
5. Potential bullish engulfing in POI
This is the previous SLP analysis:
BTC has broken...BTC has broken out of this TRIANGLE/trend I drew up a couple days ago!! lets goo!!!!!!
NSE : KOTAKBANK - KOTAK MAHINDRA BANKChart is self explanatory.
Comment if in doubts.
Good bank, but bearish short term.
Technical trade setup.
NASDAQ - TRIANGLE!In the NASDAQ I cannot see any new intermediate highs so far, which presents a corrective character of a triangle. I assume that the triangle is the wave (4). As long as we are within the triangle, the upward movement is intact and I expect prices in the 15600 area in the next step. Should we leave the triangle below and go below 14789, we will see larger sell off (also coming below 14445!). So that the upward movement remains intact, the 14708 mark should not be undercut. I´m still in good spirit that the upward movement will continue. I assume that we will hit the lower edge of the triangle again before reaching new all-time highs.
H1:
Kassa wolfe wave:
DXY will continues downDXY beared break out from symmetrical triangle formation on 1H. DXY will fall continues to target 1: 91.8 and target 2: 91.6
Bearish case for silverThis would be the bearish case for silver:
Triangle pattern broken to the downside. Price quotes are under the 50's MA. Target for this case according to the height of the triangle would be ~17 USD / Oz..
According to inflation and so on it would be a rather unlikely scenario, but the market does what the market does.
bajaj holdings 2/8/21this one of the price action patterns widely seen.it has
formed good structure but not good price volume expansion.
weekly bullish engulfing is formed.enter this stock only after
bullish confirmation above 3947.75 level
BTC Wyckoffian Analysis - Appearing alerts of Redistribution I posted on my last post here, that I’m thinking the price will rise, but now I think I was wrong.
I think there’s a lot of weakness in the market and I will explain why:
1. The highest VP points on the lower half of the range - that is a Sign Of Weakness(SOW) because it means the for most of the range, there is not enough demand, the supply slowly pushes the price lower, and the demand fails to handle it.
2. The volatility is noticeable - there is not even one bullish movement that is not answered with an equal or stronger bearish movement
3. The range keeps getting lower lows
4. OBV decreases through the range - indicates higher volume for bearish movement
5. Macro descending triangle - the range is also a triangle pattern, which indicates movement continuation
6. Macro H&S - the range is the right shoulder of a much bigger H&S pattern
BELUSDT is testing the weekly resistance 🦐BELUSDT is testing the weekly resistance inside a triangle. IF the price will have a breakout and turn the current resistance into new support, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Setting upNYSE:NIO
Pretty nice wedge forming up here after the break of the previous wedge. Hanging around support here while this forms.
Would love an entry down in that 38.50-40 range as this will be a massive move if/when it decides to break upside & clear those nodes!
TCS LONG SETUPOn one hour time frame basis TCS is forming an ascending triangle pattern and if we see overall IT sector is also bullish. we will go long on TCS for positional basis for the target of upper resistance formed. Good luck traders.
(Note:- This is my personal views. Please consult with your financial advisor before taking trade.)
XAGEUR : possible buy zoneAs you can see on the chart, clearly we are in a possible reversal zone to the upside .
My intentions is to start buying and build a position gradually.
The ultimate goal is to catch the next low inside the big triangle but the position will be adjusted according to price action , momentum and so on
best of luck :-)
Gold Make Triangle Pattern H1Gold make triangle pattern so break up side then target is 1834/1840/1845 and if break down side then target 1816/1809/1804 Lets see Best of Luck
TSLA - Poised for a breakup soon?TSLA has been in a descending Triangle Pattern which in theory has a greater odds of breaking to the down side eventually. nHowever, it is looking like the bulls will win this time. RSI is now well above 50, signaling strength. Plus we have a strong close right at the trendline "resistence" yesterday.
A breakup looks very likely today and I am expecting it to reach 764-780 in the coming weeks.
However, earnings are coming up shortly on 21 July (perhaps market is expecting a positive earnings surprise but bear in mind there are always risks involved trading into earnings).
Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you. Do give me a thumbs up if you agree. Feel free to let me know what you think! :)
JM FINANCIALHye friends
Keep eye on JM financial. it can give breakout on monthly chart basis.
One can long in this stock after 102 price. Be cautious while taking position. it needs to sustain. Quantiti should not be more than 500.
Entry will be above - 102
Sl - entry day daily...low
Target - Let it go...let it fly freely
Make position as per your risk reward ratio.
This is only for educational purpose, take advice from your financial advisor before taking any position.
Thank you.
Granules India LongGranules has made a double bottom at 300 and currently in a good trend, with SL at 310 One can initiate a long. A break above this Triangle pattern can take the stock up to 380/400 levels initially.
BTC on the Daily 🦬*NOT FINANCIAL ADVICE: DYOR - This idea IMO for personal use only*
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Using naked price action Analysis.
🔸 finally see some structure with higher lows and lower highs (triangle formation)
🔸 established levels on the daily and 1hr chart (plus 15, 5 and 1 min chart for scalping)
🔸 added 21 EMA, the ADX / DI indicators just to compare methods
🔸 On-chain data indicates retail newbies FOMO'd into BTC after Tesla announcement (X factor) in Feb, then sold at a loss out of Fear in May.
I'm still BULLISH AF. We are still on track and in an uptrend. If in doubt, scale-out.
In this case, remove the X factor which massively influenced the market (whale manipulation between Feb - May, ie TESLA / MUSK FUD) and we are back on track in the $35K zone where we originally left off in Feb 😉
As always, watch for volume. Do your own research, check on-chain data. Always be watching BTC.
This is not Financial Advice.
Good chat.🤖
City Union Bank positional trade opportunityCUB is forming a symmetrical triangle pattern. Currently it is at a support and is most likely to give a breakout on the upside. It can be a good trade opportunity if the candle 6/7/21 crosses the previous day high.
ALGOUSDT could retest 0.75$ 🦐ALGOUSDT could retest 0.75$ on weekly support after the price lost an important daily support and retested it as new resistance. According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
