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Uturn

KNC - Long Term Buy OpportunityKNC experienced strong downward price pressure over the course of September as the token crashed to its multi year lows in area $1.1-1.4, where is currently sitting. On RSI and MACD we can witness a potential bullish divergence on daily timeframes. RSI is in very "unexplored" areas as it is in deeply oversold territory (27-29), at levels reached only at the peak of the crash in June 2022 and October 2021. Nonetheless, price formed an higher low in the RSI vs the June 2022 crash. A retracement to higher levels is very likely anytime soon. I believe there is room for a reversal in price anytime soon. Volumes are falling, price is stabilizing, suggesting a potential U turn pattern. First macro resistance zone to breach is in $2.0 area. If it breaks can lead to further upside. Given long term nature of the trade, structuring the position including also spot buys would be preferable.
Long
by crypto_angelz
Long Term Market Overview on DAX(Ger30)Long Term Market Overview on DAX(Ger30) . We see that the overall Market is in an Up trend which is currently having a Pullback like all other Indexes but when will it stop is basically everybody's Big Question . The market seems to have two areas where it normally U-turn from. U-turn areas : 1) The Market shows that there's 2 Trendlines inner and outer, the inner trendline shows a strong U-turn Pattern where we could see a U-turn from towards our Target 16867.71. 2) I have also spotted a Gartley Pattern off the Monthly which could push the market to the 9926.68 which should U-Turn the Market towards the our Target 16867.71.
GLong
by MartinSturks
Bitcoin is bearish looking, good potential to Short now.The outlook on COINBASE:BTCUSD is rather clear, after the Up Trend channel broke, it doesn't make a higher high. We saw a potential U-turn with the immediate profit taking at the RBS zone. Here is my personal trade call: Sell Limit at $11,648.50 Stop Loss at $11,922.50 Take Profit at $10.522.50 Risk Reward Ratio = 4.58R Disclaimer : The analysis above for educational purposes only, I do not responsible for your losses. Please adjust your own lot sizing according to your appetite. If you are benefiting from my trade opinion, please buy me coffee . As always, move your SL when you are in the profit zone.
COINBASE:BTCUSDShort
by machintose