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Vinceprince

AUDUSD, Rising Trendline Broken, Will Test Remaining Resistance!Hello, Traders Investors And Community And welcome to this analysis about AUDUSD and its current situation in the remaining weakening up-trend, there are some important signs I detected in the current price-action AUDUSD is showing us. We are looking at the 4-hour local time-frame. AUDUSD is still in an overall uptrend but the price begins to weaken therefore we will test higher levels and to continue with the trend AUDUSD need to establish stable support here. Lets go! When looking at my chart we can see that AUDUSD is still trading in an overall bullish trend but currently and seen in the last days and week the trend begins to struggle as we are approaching several resistance levels this is why AUDUSD crossed the first trend-line already successfully to the downside as you can see in my chart after that happened AUDUSD wanted to test higher levels and finally formed a new higher high with a second trend-line which got broken just the last days as you can see it in my chart. The big common ground in both breakdowns is that AUDUSD actually tested the trend-line before moving a little bit down and confirming the 200-EMA as support the same will happen now again as the trend is weak on the short-time scale although the difference now is that what was the 200-EMA to test before is now the 100-EMA, you can see this scenario in the chart. Furthermore, as we have still serious support in this area minimum the test of higher levels is in the possible spectrum and shouldn't be ignored. What we need to know now is that the next important resistance is at the 0.65569 level which you see in the chart marked with the grey trend-line, it also matches with the rising blue trend-line and building a logical confluence-zone there. After that we can get the next confirmation at the 100-EMA and moving higher to test the second grey resistance level at 0.67058 to form a possible higher high, it will be a similar mechanism to the higher high we have formed in the previous uptrend as you see it in my chart. To continue with the overall bullish trend we have to establish more support in that area and hold the range otherwise we can still fall down as the global momentum begins to slow down and the bulls weakening, the first big confirmation in this scenario will be when we confirm below the 100 and 200-EMA and form a bearish cross this will be a stable signal to open a short position otherwise we are still remaining in the bullish trend and need to look if and how it can continue with the bullish scenario. This should give you a good overview of the situation, have a good day, and support for more market insight! “All I have seen teaches me to trust the Creator for all I have not seen.” In this manner: FAREWELL Information provided is only educational and should not be used to take action in the markets.
by VincePrince
5
GBPUSD - Possible H%S Forming, Breakout Will Determine Target!Hello Traders Investors And Community, hopefully, everybody of you is doing well in today's market environment and welcome to this analysis about the current price action and formation forming in the GBPUSD, there are some interesting signs which I detected and make it clear that we will get a heavy breakout either to the up or downside, both scenarios can be traded properly after the initial confirmation. We are looking at the locally 4-hour time-frame. When looking at the chart we can see that GBPUSD is still in an overall uptrend with a consolidation currently occurring since 26th march, I detected that the overall current consolidation is a potential head and shoulders formation, you can see its market in my chart with the blue neckline and its left shoulder, head, and right shoulder. The big importance of this formation is that it needs to confirm to be fully validated and to point the right target out. The next time we can expect a touch of the blue neckline as you can see it in my chart. After this touch, we can expect GBPUSD breaking out in the bearish or bullish direction, the good thing now is both cases can be traded with entry after confirmation! The breakout has to be confirmed with high volume and in the best case with high momentum. After the breakout and confirmation happened we can set the trade with the proper target. It will be interesting to see how it will play out. Currently, there is a higher potential given that we will break out to the upside because we are moving in an overall uptrend with its origins at 1.4118 before we built momentum to the point now, the bullish scenario will be 100%ed confirmed when we cross above the blue 100-EMA you can see in my chart. But please note that this does not necessarily play out, it is also in the possible spectrum that we confirm bearish as the correction takes longer than expected. Thanks for watching, have a good start of the week and support for more market insight! Let the market decide, it knows when to take off or break down. In this manner: FAREWELL Information provided is only educational and should not be used to take action in the markets.
by VincePrince
1
EURUSD, Confirmed Triangle, Building More Upside Potential!Hello, Traders Investors and community, welcome to this analysis about the price action happening in EURUSD, I discovered some significant events happening the past days which will affect price-action further the next time. We are watching on the daily chart. When looking at my chart you can see that EURUSD traded in a huge triangle which finally confirmed to the upside. This triangle had also the potential to break to the downside therefore it was very important to wait for the confirmation in this structure. As you can see in my chart the upper boundary of the triangle confirmed with a very nice bullish engulfing candle that shot the price from 1.0835 to 1.09685 in just one day which is a highly bullish sign. We had also a second confirmation at the 100-EMA which built a logical confluence-zone together with the upper boundary of the triangle and after that, the price came above the 350-EMA which is at all a good structure for further continue. We can expect a second confirmation of the 100-EMA the next hours and days as you can see it in my chart, from there EURUSD has definitely room to move higher. The next meaningful resistance-zone is at 1.10567 which you can see in my chart after we approach this level EURUSD can move higher 1.11489 level which has build resistance from the top of the triangle. The overall structure still looks decently bullish and we have definitely room to move higher, will be interesting to see how we advance. Thanks for watching the analysis, have a good day, and support for more market insight! ;) "Science is organized knowledge. Wisdom is organized life." In this manner: FAREWELL Information provided is only educational and should not be used to take action in the markets.
by VincePrince
2
GOLD, Moving In The Decisive Triangle-Formation!Hi my friends, Welcome to the analysis we are looking at the 12-Hour GOLD timeframe perspective, the recent events, the current formation forming, what we can expect the next times, and how to distinguish the possible scenarios lying in front of us in the GOLD chart. Since GOLD established the heavy breakdowns to the downside before the stock market and other assets it was an early runner in the market, the established bearishness was heavy and it marked a swift paradigm shift, in this case, we need to contemplate how and when the bearishness follows and if there can be a stabilization or not, in this case, I detected the important levels we should consider now to anticipate GOLD next outcomes. Looking at my chart you can watch there this huge descending-triangle-formation marked the upper and lower boundary in blue, furthermore GOLD is building a logical wave-count within this triangle where it is currently forming the minor waves of the major wave E which is the final wave in the wave-count, this wave can possibly complete the wave-count and be the origin of a short-entry when it completed and bearishness sets in, it is important how this bearishness establishes when it is a heavy bearishness with high volatility the descending-triangle will highly likely break out to the downside as it is marked in my chart, GOLD will visit exceptionally lower levels then. Overall GOLD has higher potential to complete this formation bearish to the downside, there is however a smaller percentage than it moves to the upside, in this case, it is very important to look on the volatility with which the bearish bounce establishes and if the lower boundary holds or not, the next times will show how GOLD will develop here and with which volatility in the range, compared to the other assets like stocks GOLD had established the bearish moves faster playing into the theory that GOLD anticipating the stock-market-movements, nevertheless the bearishness should not be ignored that we do not get overwhelmed when the next leg to the downside sets up. In this manner, thank you for watching, support for more market insight, good day to you and all the best! "Trading effectively is about assessing possibilities, not certainties." Information provided is only educational and should not be used to take action in the markets.
TVC:GOLD
by VincePrince
21
AAPL - Excellent LONG Opportunity you Can´t Miss______________________________________________________________________________________________________________________ Hello traders investors and community, I detected an excellent LONG set-up in APPLE I share with you completely free. Thank me later! ______________________________________________________________________________________________________________________ I see many short set-ups calling for downside, please dont be a fool.. After break-out shorts will be stopped out. ______________________________________________________________________________________________________________________ LONG Reason: Uptrend Technical: V-Bottom What to expect: Break-out and confirmation -> rising price Entry: 227 - 235 Target: 370 - 390 ______________________________________________________________________________________________________________________ This information is only educational. Thanks for giving support. Follow for more market insight. May all your trades going well! ______________________________________________________________________________________________________________________
NASDAQ:AAPLLong
by VincePrince
15
GOLD, This Formation Is A Decisive Factor In The Current Pace!Hello Traders Investors And Community, welcomt to this analysis where we are looking at GOLD 2-hour timeframe perspective, the recent events, the current formational structure, what we can expect the next times and how to handle the situation. As GOLD provided a massive bull market to the upside with heavy volatile bullish moves we should not be naive and expect it to go on forever as the market is oversold the logical follow-up normally after such phases is minimum a correction when not bigger pull-back, therefore we should not keep the bearish scenario by side and look at the current circumstances to wage possibilites in the right manner. In this case I detected some important signals in the current situation which will determine GOLDs outcome. Looking at my chart you can watch there that GOLD is building up this rising-triangle-formation which is in the most cases a bearish formation which shows outcomes to the downside and continuation ahead, as the price already confirmed below the lower boundary which is marked in blue in my chart this gives the current price-action another confirmational bearish edge. All these signs giving a higher possibility for continuation to the downside till there is solid support found which is firstly the 100-EMA you can watch marked in red in my chart where GOLD can stabilize and reverse to continue with its upside course, when this does not happen and GOLD falls below the next crucial support will be between the 1975 and 1980 level marked in orange. Taking all these factors into consideration we can come to the conclusion that GOLD can defnitely provide continued bearishness on the short-term but that does not mean GOLD is completely bearish further only when it does not manages to hold important mentioned support bases and falls below them there can come more bearish pressure and continuation to the downside till then the bearishness remains only on the short-term-perspective. But the estbalished bearishness and follow-up should not be ignored as it can also increase in such environments. In this case it will be highly important to look further and see what GOLD will do when it arrives on the remaining support bases to test them and if there is bearish continuation ahead or a reversal in the range. In this manner, thank you for watching, support for more market insight and have a good day! “Trading effectively is about accessing possibilities, not certainties.” Information provided is only educational and should not be used to take action in the markets
TVC:GOLD
by VincePrince
17
THE S&P 500, IT IS JUST THE BEGINNING!!!Hello, Welcome to this analysis about the S&P 500 and the daily timeframe perspectives. In the recent days and weeks, major developments have been encountered within the financial markets and it is just the beginning of a huge disruption in the financial sector like it has not been seen in a load of time. The corona crisis was just the beginning and the start of what will come in the next times, in such a shacky environment it is necessary to consider that businesses that moved well over the last years will be crucially tested and that it will be a task of selection finding the right opportunities in the market and for businesses to move forward in this environment. Therefore, also in such an uncertain dynamic, there can be good profit chances to move forward with nevertheless it is pivotal to do see the underlying bearish disturbances going on and how to rightly measure the risks and rewards. In this case, now I detected the developments going on and what should be expected in financial markets in the times to come. Fundamental Aspects: For almost over 40-years the economy is facing increased inflation accelerated to over 8.50% as the floods of money printed during the corona pandemic caused significant rises in prices together with personal savings that were held during the corona pandemic and the uncertainty it brought and now are moving into the market causing prices to move higher. Taking this into consideration the FED already increased the interest rates and is likely to continue so however, this rate increase development is coming too late as the rates need to be increased in such a manner that they are actually significantly tackling inflation. In this development, many tech stocks such as GOOGL, AMZN, or AAPl together with pivotal stocks from other sectors already declined heavily, the same development holds true for indices within the market. If the rate hikes move on further as declared together with the decreasing FED balance sheet the fundamental dynamic is pointing to a continuation of the bearish development. Technical Aspects: As when looking at my chart we can watch there how the S&P 500 is building this massive head-shoulder-formation, in fact the S&P 500 already completed a smaller head-shoulder-formation on its top which already completed and reached out the targets, this increases the likelihood that this bigger head-shoulder-formation also completes in combination with the fundamental factors. The left shoulder and the head have been already completed and as the S&P 500 now also emerged with heavy increased bearish volatility the right shoulder is likely to complete next within the near future. Furthermore the S&P 500 broke below the decisive 400-EMA marked in my chart in red, this EMA has not been broken since the Corona-Crash-Crisis in May 2020 showing the significance of this breakout below the EMA and adding to the bearish scenario. The whole formation will be complete as shown in my chart with the breakout below the neckline, from there on the targets at 3550 will be activated, depending on the situation then it shouldn't be kept from the desk that this will not be the final bottom. Upcoming Prospects: Taking all these factors into the consideration the possibility is high that turbulences within the market are not yet stopped, as many major stocks already showed up with heavy declines this can also lead to declines within the other stocks which is displayed in the indices such as the S&P 500. Furthermore, the ongoing tension are just another factor in the FED deciding and staying with the decision to increase the interest rates further in the next times. In such a development it is crucial to look for alternatives or stocks that are undervalued. As historically speaking in situations in which the stock market declines precious metals such as Gold or Silver showed gains and anticyclical movements into the bullish direction this can also be the case now. Cryptocurrencies did not yet faced a major recession or depression besides of the Corona Crisis in which everything crashed, however with Cryptocurrency, it can be similar to precious metals that it is moving anticyclical to stocks. For the next times it will be determining on how the S&P 500 moves into the head-shoulder-target and how the situation has been evolved then. In this manner, thank you for watching the analysis, all the best!
SP:SPX
by VincePrince
11
S&P 500, Stock-Market-Declines Not Yet FINISHED!Hello, Welcome to this update-analysis about the S&P 500 Index. Now we are looking at the more global 2-day timeframe perspectives since the main head-shoulder-formation that I mentioned in my previous analysis before already completed and reached out to the lower targets in the structure already the more global perspective also got affected by this dynamic. The economic view for the stock market has accelerated negatively since the bearish declines emerged as the FED is looking to decrease its balance sheet, stop asset purchases, and possibly increase interest rates over the course of 2022 as announced. This economic view is bearing a bearish sentiment and as looking on the 2-day timeframe perspectives the technicals point toward the same as seen in my chart the Index is forming this massive head shoulder formation with the left shoulder and head already completed. Now as the Index approaches several upper resistances given by the volume profile resistance area, the descending resistance line together with the 20-EMA as resistance which was previously support and a local resistance given by price action there is a high likelihood given that the Index pulls back from here to complete the whole formation with a breakdown below the neckline which will cause further bearish declines to accelerate. In this case, the Index will activate the lower target zone as seen in my chart and from there on the situation needs to be elevated again, if the Index forms another bearish formation in this area a continuation will also not be unlikely, it will be an important journey ahead. In this manner, thank you for watching the analysis, all the best! "The high destiny of the market is to explicate, rather than to speculate." Information provided is only educational and should not be used to take action in the markets.
SP:SPX
by VincePrince
11
Money-Printer UP, Inflation UP, The S&P 500 UP?!!Since the corona-pandemic lows seen in 2020 last year after the heavy market crashes the stock market and other important asset classes managed to recover in a strong manner, this was no wonder due to the fact that the money-supply increased in a way never seen previously in history to astronomical highs all this inflated money moving into the stock market and driving prices higher in an asset-price-inflation while the real economy still struggled to maintain this growth rate there reasoned a crucial gap between real economy and the stock market. All these events with the accelerating money stock shooted the inflation to the upside with a nearly 6.1% inflation in the US and in other countries including the european area also seeing higher and growing inflation rates. With the fact that production is still not what it was to pre-corona times meeting an increased demand with an increased money supply this is lying the ground for this devastating inflation rate, also when considering this assumption it has to be noted that it is not necessarily out of interest for the governments to stop the inflation as with ongoing inflation the depts states have been decreasing as together with the inflation the dept also simultaneously decreases, for now, we are already in dangerous terrain and if this inflation should accelerate further this can show serious outcomes with a crash upcoming not to be underestimated. Taking this into consideration together with the technical assumptions as when looking at my chart we can watch there that the S&P 500 is already in a overbought condition with the RSI moving into the overbought zone, besides that we can see this huge ascending-wedge-formation forming with the waves A to C almost already completed, now as the SPX appraoches the upper boundary again this is likely to result in a pullback to the downside from where the SPX continues with the wave-count and development of the wave D in the structure to continue with the wave-E and then complete this whole formation bearishly. A bearish completion of this decisive ascending-wedge-formation would mean that the SPX will move on to lower levels. In this case the real economy growth rate and the stock market growth rate can meet to the proper condition. Nevertheless with a growing inflation and the inflation as it is up now together with the money stock increasing this is likely to bring fuel for a growing stock market also in the future, nevertheless, this is highly dangerous as such diverging circumstances can also lead to shifting dynamics with a gap in the financial system not functioning right like in the financial crisis in 2008 which will lead to the market crash, also a galloping or hyperinflation can lead to such shifting dynamics in the economy that lead to a crash. All these assumptions need to be considered in this market and therefore we are looking how it moves on and be prepared when important alterations set in. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! "The high destiny of the market is to explicate, rather than to speculate." Information provided is only educational and should not be used to take action in the markets.
SP:SPX
by VincePrince
22
EURUSD, Moving In Triangle, Upside Breakout More Possible!Hello Traders Investors And Community, welcome to this update-analysis about EURUSD where we are looking at recent events, the current price-structure-formation and what we can expect the next days and hours from EURUSD . The last time I mentioned this pair we I forecasted the huge bullish trend which brought EURUSD from almost 1.1 to its high at 1.41 with a decent growth where it confirmed resistance now and formed a smaller pull-back into the range between 1.117 to 1.33 where it is consolidating and building a range if you did not saw this prediction I highly recommend to you that you look at it when going to my account. For now, there are some interesting and decisive signals I detected that can determine the further outcome of EURUSD , therefore we are looking at the 4-hour timeframe. As you can see in my chart EURUSD is trading in the range between 1.117 and 1.33 where it is forming a triangle currently that is marked in blue within my chart. This triangle will confirm either to the up or downside and the big question now will be in which direction the breakout occurs for a better trade entry and possible opportunity spotting in the structure. As EURUSD has some good and solid support at the 150-EMA you can see marked in black in my chart and furthermore the 23.6 % Fibonacci-support in that level it has some healthy support in this range where it will have a hard time moving below and confirm it to the downside, therefore the bullish confirmation scenario is more possible at the moment as you can watch it marked in my chart with the percentage probability. The breakout can be traded either aggressively with an immediate entry in the triangle before it even confirmed or conservative with the confirmation of the triangle when the decisive volatile move occurred. As the triangle has not yet confirmed it is wiser in such a situation to wait on the confirmation before placing the trade, although the bearish confirmation is still possible the probability is really marginal therefore a long-position open when the triangle has properly confirmed to the upside will be the best decision in this environment. When the more likely bullish scenario has confirmed properly the targets will be at the 1.14 level which is also the upper boundary resistance that you can see marked in my chart with the orange level. In this manner, thank you for watching, support for more market insight, have a great day and all the best to you! Success is a science; if you have the conditions, you get the result. Information provided is only educational and should not be used to take action in the markets.
by VincePrince
3
EURUSD, Triangle Targets Reached, Possible Continuation Ahead!Hello Traders Investors And Community, welcome to this update-analysis where we are looking at the EURUSD, the recent events, the targets which were reached, and what this means for the further development of price-action to look for possible profit-opportunities. The major triangle I mentioned in the previous analysis which was build up in EURUSD finally confirmed the more possible breakout to the upside and the complete upside targets where reached fully as you can watch in my chart, for now the price is shooting some more above the overall targets which are normal but besides that, there are some other important and meaningful factors I detected which need to be taken into consideration for further development of price-action here. Initial Analysis According The Subject (4-Hour Timeframe): As you can watch in my chart EURUSD just sowing some bearish supply entering the market with a big red candle which can indicate a correction coming up which can be a normal correction to Fibonacci-supports on the way or a bigger correction where the further support levels which are the 100-EMA in black and the horizontal support at 1.14 need to be tested successfully. Overall EURUSD is still holding up a strong bullish trend which was increased by the bullish triangle breakout, therefore it is within the possible spectrum that EURUSD holds this bullishness to test remaining resistance levels higher in the structure when the support can hold and when there do not enter any solid bearish signs which invalidate this continuation. As you can examine when looking at my chart is that EURUSD is trading near its 2020 established yearly high at 1.495 which can be a potential target when EURUSD holds the range, therefore it is important that the pair confirms support either at the orange 1.395 level or at the black 1.37 level before moving up higher, when EURUSD shows up bullishness in these support ranges it can be a good place to enter a long position here with targets above, this can be done aggressively with immediate at the support or conservative with entry when there come bullish signals to the surface, although the conservative approach is the better one here traders should decide according to individual risk-preference. In this manner, thank you for watching, support for more market insight, have a great day, and all the best to you! The past, like the future, is indefinite and exists only as a spectrum of possibilities. Information provided is only educational and should not be used to take action in the markets.
by VincePrince
5
EURUSD, Major Head-Shoulder-Formation, Completion Incoming!Hello Traders Investors And Community, Welcome to this analysis about EURUSD, we are looking at the weekly timeframe perspectives. The pair recently already showed up with initial bearish volatility on the local perspective that should not be underestimated. Besides that as I discovered now EURUSD on the more global weekly timeframe perspectives has established this major head-and-shoulder-formation with the left shoulder and the head already completed, the volume also matched so far with the left shoulder setting up the volume while the top of the head did not reach the volume formed in the left shoulder followed by increased volatility with also increased volume to move on with the right shoulder in the structure. Taking these factors into consideration and with the fact that EURUSD is now also below the 20-EMA marked in red in the structure, the head-and-shoulder-formation is likely to complete within the next times with the right shoulder and the breakout below the neckline. This will be the confirmational setup finally completing the formation and activating lower downside targets within the 1.308 to 1.372 level. When EURUSD reaches these levels it has to be shown if it manages a stabilization from there or continues further bearishly. For now, the bearish perspective should not be kept by side as the head-shoulder-formation has a high possibility to complete within the next times, it will be an important development. In this manner, thank you everybody for watching, support the idea with a like and follow or comment, have a good day, and all the best! "The key to success is to focus on goals, not obstacles." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
19
MSFT, Breakout Of Flag-Formation, Possible Continuation Ahead! ________________________________________________________________________________________________ Hi Traders, this is a signal I give to you for free today. Support will be great with a like and follow when useful. ________________________________________________________________________________________________ It has recently broken out of the bull-flag formation, therefore the price has some potential to move higher. The minimum target is 225 but has more room. ________________________________________________________________________________________________ ENTRY: 210-215 MINIMUM TARGET: 225 STOP LOSS: 197 MINIMUM RISK REWARD: 1 REASON: Bull-Flag Breakout ________________________________________________________________________________________________ In this manner, thank you for watching and support for more market insight. Information provided is only educational and should not be used to take action in the markets. ________________________________________________________________________________________________
NASDAQ:MSFT
by VincePrince
11
BERKSHIRE, Weaker Than Rest Market, Provides Possible Bear-Flag!Hello Traders Investors And Community, welcome to this analysis about recent events, the current price-structure and what we can expect the next days and hours from BERKSHIRE one important stock under the 10 biggest in market cap in which I found important and significant signals which will determine the further outcome sustainable. As the overall market recovered from the corona-breakdowns this year a major part of the market is at its all-time-high level which is not the case with BERKSHIRE as we it is providing a weaker picture than the average market this can increase the next times when BERKSHIRE due to expanding possibility for a new corona-wave and the resulting restrictions which can affect the market meaningful therefore we are looking at the 4-hour locally timeframe. As you can examine when looking at my chart is that BRK.B is trading in a huge parallel channel that is marked with the blue lines and since the main average market recovered from the corona-breakdown BRK.B just provided a consolidational phase which can end up in a bear-flag when confirmed properly. As the stock trades below the important 100-EMA which you can see marked in my chart in green, this is a significant local resistance level which will be highly likely confirmed as those when touched in this level as you can see the outcome pronounced in my chart after this scenario has played out we can expect the stock to test the lower boundary of the huge possible bear-flag in which it is trading currently. After the stock has touched the lower boundary a third time we can anticipate that it sets up to form the final wave E of the possible bear flag wave count which will complete the count at the bearish confluence-cluster you can see marked in my chart in red, this level is building a logical resistance with the rising trendline in light-blue, the upper boundary of the channel and the 800-EMA in black. These factors make the zone between 208 and 212 a strong resistance zone and it is within the high likelihood spectrum that it will be confirmed as such one when touched in the area. After this has happened the stock can confirm the bear-flag to the downside when there do not come any bullish signs which will invalidate this scenario further. Overall we have an unstable situation within this stock at the moment as the average other market is near its peaks BRK.B is consolidating far below these price-levels. As we have seen higher volatility to the downside in the market due to new upcoming corona-fears this can increase the next time and provide a more bearish environment also in the rest of the market, therefore, this scenario shouldn't be ignored and kept as the more possible one at the moment when there do not come any other bullish signals which will increase the likelihood for a more bullish environment again. Therefore we should be prepared for a possible continuation to the downside and take proper action when it happens to take profit out of possible opportunities arising out of it. In this manner, thank you for watching, support for more market insight, good day, and all the best! The ambition to transform opportunity into gold remains the most significant tool for a trader. Information provided is only educational and should not be used to take action in the markets.
NYSE:BRK.B
by VincePrince
14
WTI OIL, Establishes Major Triangle Formation, Next Steps Ahead!Hello Traders Investors And Community, welcome to this analysis where we are looking at CRUDE OIL 4-hour timeframe perspective, the recent events, the current formational-structure, and what we can expect from CRUDE OIL the next times. As CRUDE OIL has recovered from its breakdowns seen this year to almost 0.00 USD which I mentioned the day this historical OIL crash happened we need to see if this recovery is serious and healthy on or if it just moves to note at lower levels again. As many experts stated such a major oil breakdown can happen again when the supply and demand balance does not move sufficiently and such shocks happen again. Furthermore, I detected some interesting and worthwhile technicals in the 4-hour chart which can determine the further outcome and go on to affect it also in the higher timeframes. As you can watch in my chart marked with the blue lines CRUDE OIL formed a major rising-triangle-formation with several confirmations of the higher and lower boundary where it recently confirmed with a protracted bearish move below the lower boundary which overall confirms this formation which is normally a bearish one and therefore more downside, furthermore, it is possible that CRUDE OIL forms some up-moves the next times to confirm the lower boundary as you can watch it marked in my chart before going on to look for downside targets. In this case it is important that CRUDE OIL shows bearish signs when the lower boundary has touched and moves to continue downside otherwise it can move higher and possibly invalidate the triangle which is not high at 30 % possibility but it is given therefore it should not be ignored. As you can watch also marked in green in my chart the 100-EMA which held the bullish trend to the upside now broken to the downside and therefore another validation for bearishness in the short-term. When CRUDE OIL falls below the 800-EMA marked in black also this can cause more bearish pressure and activation not only of the minimum-target-zone you can mark in my chart but also of lower levels. This formation structure can be traded either with immediate aggressive entry or conservative after the confirmation has occurred as there is still a small possibility given that the triangle invalidates the best way will be the conservative when the decisive confirmation has occurred. When CRUDE OIL moves on it will be highly interesting what it will do further and also on the higher timeframes as there are still some important signs to look at upon. In this manner, thank you for watching, support for more market insight, have a great day, and all the best to you! Trading effectively is about accessing possibilities, not certainties. Information provided is only educational and should not be used to take action in the markets.
TVC:USOIL
by VincePrince
16
BITCOIN, Completes Wyckoff-Test with HUGE PUMP, Next Phases!Hello Everyone, Welcome to this Update-Analysis about the Wyckoff-Dynamics I mentioned around two weeks ago. Since my analysis Bitcoin managed to show up with a massive pump in the market and we have seen Bitcoin completing the Wyckoff-Test sufficiently from where the huge volatility dynamics pushed Bitcoin into the Sign-Of-Strength SOS I mentioned in my analysis, which is the most important paramount part of the whole dynamic that has been completed appropriately now setting Bitcoin up to complete the whole Wyckoff-Dynamic as I forecasted it. Especially as other indicators such as a new all-time high in the Bitcoin Hash-Rate and the Hash Ribbon Buy Signal flashed this is a major milestone for Bitcoin to show a massive turning in the market setting up a great shift to complete the whole Wyckoff Accumulation Dynamic. If you did not watch the analysis already I highly recommend it to watch as I am going to link it here. Phase D: As it can be watched in my chart now Bitcoin completed the most important part of the whole structure, the test, with a solid bounce and exponential pump to the upside pushing above previously established resistance levels at the $21,400 level which was established within the phase B prior to the FTX collapse that pushed the market below previous supports and moved Bitcoin into the phase D. Now as this massive pump has shown up now this means that Bitcoin is officially ready to complete further dynamics and as seen within the structure Bitcoin is now likely to continue with the Last Point of Supply LPSY which has a high likelihood to confirm the $21,400 level as legit support from where more bouncings will arise and especially as Bitcoin now massively bounced above the 40-EMA in blue this will be a valid support level on which Bitcoin will build up moving into further completions of the Wyckoff Dynamics. Phase E: Once Bitcoin is building up and bouncing on the 40-EMA in blue together with the $21,400 level as support this means Bitcoin is ready for a bounce that leads to a breakout above the last resistance level given at the $25,200 level which is established within the phase B and the Automatic Rally AR. Once Bitcoin bounced above the $25,500 level this will be a sign that the whole Wyckoff Dynamic has been completed fully and the whole Accumulation is finalized with Bitcoin ready to make higher highs and continue the journey into new spheres not seen before. Once Bitcoin is within phase E and continues to form a new high above-the-range structure this will be a wake-up call for mainstream investors and traders to enter the market and for market participants that were skeptical about Bitcoin and Cryptocurrency during the market crash to enter the market again. Taking all these factors into the consideration now Bitcoin is about to complete a historical Wyckoff accumulation dynamic during a period of uncertain micro- and macroeconomic developments with high inflation still omnipresent, disrupted supply chains, and the danger of a deep recession hitting the economy in 2023. The fact that Bitcoin managed to complete all the main phases of the Wyckoff Accumulation Dynamic and is likely to continue with the finalization of the whole dynamics shows that Bitcoin has the potential for a solid safe heaven inflation hedge during times of economic uncertainty as even the stock market and classical anti-cyclical movers like the stock market did not pump that much as Bitcoin and Cryptocurrency did, in this case, it will be an interesting journey ahead for Bitcoin and the whole Cryptocurrency market to watch out for in the next times. In this manner, thank you everybody for watching. Let's move forward together. The information provided is only educational and should not be used to take action in the markets.
by VincePrince
50
BITCOIN, MASSIVE Breakout, Formation Sets Dynamics!Hello Everyone, Welcome to this analysis about Bitcoins on the 2-day timeframe perspective of mine. Recently Bitcoin and the whole cryptocurrency market has shown up with a major breakout and huge volatility spikes that preceded previously established resistance levels and pushed the market into new preliminary highs from where the market now has the opportunity to continue with these paramount dynamics. Now in this case I detected how Bitcoin completed this central formation which is the cornerstone of Bitcoins current developments and upcoming dynamics especially when Bitcoin builds up on this dynamic it will be a factor for a potential positive formational structure and further expansions to follow up with. When looking at my chart we can watch here that with the recent massive bullish volatile spike, Bitcoin managed to breakout above the upper boundary of this gigantic descending triangle formation which has now formed a legit reversal formation, and Bitcoin finally showing up with the completed reversal for further continuations to emerge. Especially as Bitcoin managed to breakout above the 50-EMA marked in green in my chart this is an additional confirmation that is marking a profound turning point in the whole range as this 50-EMA was previously resistance it is now support and Bitcoin has a solid base from where further volatility movements are likely to show up, especially when bouncing on the 50-EMA again. Taking all these factors into the consideration now Bitcoin is in a state where the confirmational flag formation as seen in my chart is likely to setup further movements like previously seen once it has been completed. The first target zone, in this case, will be the level around the $28,000 mark as shown in my chart and once Bitcoin has reached out to this level it will be interesting how Bitcoin continues after this because if Bitcoin manages to hold in this range form a handle of a bigger cup and handle as seen in my chart this will be the formation from where Bitcoin is likely to show up with a much bigger breakout which will be the main confirmation to a global trend to start and push Bitcoin to new spheres. In this manner, thank you everybody for watching. Let's move forward together. The information provided is only educational and should not be used to take action in the markets.
by VincePrince
20
TOTAL CRYPTO MARKET-CAP, Major Formation to Validate Breakout!Hello Everyone, Welcome to this analysis of my analysis on the Total Cryptocurrency Market-Cap at this given watershed moment. As the new year of 2023 emerged the market is moving into a determining formation which will pave the way into a final decision and the developments to be expected in 2023. As inflation and unemployment rates slow down these are macroeconomic indicators that already signal a slightly more positive start into the new year of 2023 compared to 2022 nevertheless it is highly crucial that these developments continue to show better indications so that a major part of the sentiment becomes positive. As when looking at my technical chart now we can watch there how the Total Cryptocurrency Market-Cap is developing several determining formations which will play a crucial role in the final outcome of the market. The first formation which is holding the whole range is this parallel channel marked in blue in which the price action shows up with a consolidated volatility period. The second formation is the major descending channel formation marked in black in my chart. And the third formation which actually forms out of the first and second is the main central descending triangle formation marked in orange in my chart which is in most occasions a bullish reversal formation if it does not invalidate. Therefore, setting all the parts of the technicals there are two possible scenarios for the Total Cryptocurrency Market-Cap, in the first scenario the price action manages to hold within the range building up bullishly and finally showing an initial breakout above the upper boundary of the descending triangle formation, the second scenario is the less likely currently which will show a bullish invalidation with the breakout below the lower boundary and into the bearish zone. In the current situation, it is highly necessary to await the final confirmation before moving on, although the bullish scenario currently has a higher possibility likelihood the bearish scenario can also emerge if bearish pressure increases again. We will await the final confirmations before setting up further conclusions. In this manner, thank you everybody for watching. Let's move forward together. The information provided is only educational and should not be used to take action in the markets.
CRYPTOCAP:TOTAL
by VincePrince
23
ETHEREUM CLASSIC, Massive Breakout With Further Pump Ahead!Hello Community, Welcome to this analysis of mine about the Cryptocurrency Market. As the new year 2022 has emerged there are important coins within the market which show up with interesting developments especially as the volatile movements increase therefore it is reasonable to watch for picked altcoins within the market that are likely to unfold further potential and determine important patterns to move on with. In this case, as I analyzed the cryptocurrency market I found Ethereum Classic with recently completed a paramount formation on high volatile movements in the market and breaking out above the upper boundary of the broadening wedge formation as it is marked in my chart. This is a very strong movement by Ethereum Classic which is suggesting further movements to wait around the corner. Besides the completion of this major formation, you can also watch how Ethereum Classic is developing this confirmational triangle formation above the upper boundaries and is now about to setup further waves in this direction especially once the triangle formation has been completed with a breakout above the upper boundary as seen in my chart. Once Ethereum Classic has shown up with these developments the targets in my chart will be activated and Ethereum has a solid high likelihood possibility to reach out to these target zones in the upcoming times. It will be an interesting journey ahead. In this manner, thank you everybody for watching. Let's move forward together. The information provided is only educational and should not be used to take action in the markets.
by VincePrince
12
SOLANA, Extensive Broadening-Wedge Potential to Unfold!Hello Community, moving into the year of 2023 the cryptocurrency market is full of hidden crypto coins with a paramount capability and therefore as I analyzed the market I found several cryptocurrencies that have a great setup to move forward with. One of them is Solana, especially as it recently bounced off the $8.00 with a healthy shift into the $13.00 mark Solana is now building an interesting formational structure worthwhile to consider. As when looking at my chart now we can watch there Solana is forming this major broadening-wedge-formation and such a formation is likely to convert into a strong breakout and volatility potential once the formation has been completed with the breakout above the upper boundary for which Solana has a high likelihood possibility to complete with. Especially on the local structure Solana also has main supports as marked in my chart once by horizontal support and once by the 100-EMA and the 65-EMA which also build huge supports in this area as seen in my chart. Now, when Solana finally settles above the upper boundary and builds the confirmational breakout as it is marked in my chart this will be the setup from where Solana will have further continuation developments to be lined up and in this case, the final broadening-wedge target-zones marked in my chart will be activated and there will be a high possibility given for Solana to reach out to these target-zones. After the targets have been reached further determinations can be made. In this manner, thank you everybody for watching. Let's move forward together. The information provided is only educational and should not be used to take action in the markets.
by VincePrince
12
BITCOIN, Wyckoff Dynamics to Setup HUGE ALTERATION!Hello Community, the year 2022 has finished and the start of 2023 has been initiated. The year 2022 was a year of extremely volatile market conditions showing the results of a longer series of economic events like fallouts in supply chains and partial sectors on the verge of a completely new way of overthinking their place in the economy causing the financial markets to reiterate the positions of assets and showing massive disruptions within the financial markets and so also in the cryptocurrency market, huge chain-reaction events triggered massive volatility within the markets and caused the central banks to intervene against inflationary pressures spreading with the roots in several factors which fuel the heavy inflation like energy shortage, monetary expansion, and supply chain disruptions. And in all of this market turmoil remain Bitcoin and the Cryptocurrency market while the price action was highly volatile with many peaks and valleys continuously through the year 2022 the technological adoption and preparedness of Bitcoin and Cryptocurrency to be adopted on a mass scale have not declined to pre-levels seen before 2022. Now with these given factors established in 2022 the question of how the dynamics will develop through the next times moving forward into 2023. With this lineup, it is preeminent to consider the technical analysis components as I have done it in my Wyckoff analysis put together the puzzle pieces of fundamentals and market behavior in the visual element of technical price action. In my chart, you can watch the underlying Wyckoff dynamics within the Bitcoin price action and I am going to discuss them in the following, where Bitcoin is standing now out of the Wyckoff perspective and what movements are likely to be expected when applying the Wyckoff projections during the current market phase. Completed Phases Phase A: Within the first phase of the Wyckoff accumulation dynamics to be watched with Bitcoin massive selling pressure hit the market and Bitcoin moved into important support zones to first establish the PS- Preliminary Support point where Bitcoin moved into previous supports and an initial inner price action bounce has showed up indicating that the area between $19,500 and $20,500 can be a good point of support for a potential reversal. Once Bitcoin completed the PS Bitcoin moved into the final SC- Selling Climax point where the most selling pressure in the whole structure unloaded in the price action and Bitcoin reached the initial low of $17,700 from where the first bounce emerged. Now the AR- Automatic Rally was driven by investor's and trader's silver lining to see a fast and strong recovery in the whole cryptocurrency market and a relief rally because of faster Web3, Metaverse, and NFT adoption and developments, this rally has been partially fulfilled with some solid volume coming in to establish new highs that preceded the PS lows. Phase B: The second phase B has been the phase in which the market literally prepared on the FTX collapse that caused Bitcoin and Cryptocurrencies to dump sharply. The significant factor here is the 40- Moving Average of Bitcoin because the price action the whole time stayed below the 40-MA marked in blue in my chart this was the first important indication for Bitcoin to dump more sharply as Bitcoin did not managed to form new highs and indeed this was also a difficult time as the market also struggled because of the Luna, Celsius, and Voyager Digital crashes aftereffects. And then the final trigger for the massive dump and sharp decline to the downside has been the final FTX collapse with the information of misuse of customer funds in the FTX exchange the market reacted immediately on this news and Bitcoin as well as the whole Cryptocurrency price plummeted heavily to initiate the phase C in the Wyckoff accumulation dynamic. Phase C: This is the most determining phase in the whole Wyckoff accumulation dynamic to watch in my Bitcoin price chart because after the heavy FTX collapse the market managed to hold crucial support below the previous support level at the $15,500 zone and do not break below this level which was an important sign of strength within the market and Bitcoin showing that there is still potential for a reversal after the market crashes. while data showed that Bitcoin holders accumulate further Bitcoin and smart money market operator's open interest also increases in Bitcoin this caused the main stabilization in this area and Bitcoin initially rallied to test the previous support which is now still resistance at the $18,000 level. what is important in this phase C is also that right after the market crashed major volume moved into the market and caused the initial price rally, higher volume at such lower prices is always an central indicator of price stabilization. Upcoming Phases Phase D1: Now as Bitcoin initiated the final test of the spring which is the most determining part of the whole Wyckoff accumulation dynamic this is a phase where Bitcoin is finally in the end-stage of the decision phase and when Bitcoin managed to bounce in this test area again and show a solid support dynamic from where Bitcoin breaks out above the $18,200 level this will be the sign that Bitcoin has the abilities to continue further and finish the whole Wyckoff accumulation dynamic as it is appropriate. Also a really paramount factor, in this case, will be the fact that when Bitcoin bounces above the $18,200 level this will be a setup from where Bitcoin also bounced above the 40-MA marking a final reversal of the 40-MA as the resistance and confirming it as support. With this setup, Bitcoin will provide the final cornerstone of a further completion of the whole Wyckoff accumulation dynamic. Phase D2 and Phase E: As phase D is the phase in which Bitcoin shows the final completion of the whole accumulation the second stage of phase D is where the initiation process into a new volatility area is going to emerge. Once Bitcoin has finalized the test and the breakout above the $18,200 zone together with the 40-MA this will be the point where Bitcoin is likely to bounce above the $21,400 resistance and above this area forming an LPS- Last Point of Supply in which Bitcoin will have good chances to stay above the previous resistance and confirm it as support, also a goos factor, in this case, will be when Bitcoin increases the volume moving forward to offer a final bounce into the upper areas and showing an SOS- Sign of Strength in which the volatility, price action, and volume should bounce massively to complete the whole Wyckoff accumulation with the final breakout into the phase E and continuation of the established positive trend dynamics. Now as I described the underlying factors of the Bitcoin Wyckoff accumulation dynamics going on here we can already see that Bitcoin is moving into a really interesting and amazing decision phase in which Bitcoin will decide if the ability to convert into a massive expansion potential despite seemingly negative macroeconomic developments will unfold again as it happened several times in the past. What has to be mentioned is that this is not the first time Bitcoin is in such a market phase and it always turned out to be a silver lining as Bitcoin and the Cryptocurrency market always managed to come back stronger as established before and return to new heights. Especially as inflation is on a way to lower levels than established during 2022 and the FED looking to slow down more aggressive rate hikes this has good potential to be an additional positive factor contributing to the fact that Bitcoin completes the Wyckoff accumulation dynamic as it is projected. I am going to monitor the dynamic and see how the developments move in the further trading sessions. In this manner, thank you everybody for watching. Hopefully, everybody of you had a good start to the New Year of 2023 and in this manner let us move into the New Year together and celebrate a New Year also for Bitcoin and Cryptocurrency. The information provided is only educational and should not be used to take action in the markets.
by VincePrince
30
MATIC, Huge Broadening-Wedge to Setup Massive Pump Potential!Hello Community, Only 2 days remain till the new year of 2023 emerges and the cryptocurrency market is showing important structures to watch out for during this time as there are many altcoins within the market building interesting setups these are conditions worthwhile to look at for traders and investors starting into the new year of 2023. As I analyzed the cryptocurrency market I found picked altcoins with pump potentials and amazing setups developing to unfold this potential. One of the altcoins is Matic and in this case, I am looking at the price structure and what should be considered looking forward to future trading sessions. When looking at my chart now we can watch there how Matic is building several significant structures and the most stunning one is the main broadening wedge Matic is forming above the crucial ascending trend line serving as support. Within the broadening wedge formation, Matic has a coherent wave-count which is almost completed now with the waves A to D already finished, and now with the completion of the wave, E Matic is approaching this central support cluster marked in green in my chart where several supports are coming together concentrated into one point. This means once wave E has been finished Matic has an intensely high possibility to bounce within this support cluster zone. Taking all these factors into the consideration now the determining developments will happen once Matic has finished the wave count and bounced within the support cluster with a high possibility and once this happened with Matic finally bouncing above the upper boundary of the broadening wedge formation it will be the setup of completion for the broadening wedge with Matic activating further continuations in the trading sessions and in this case the dynamic support zone marked in blue in my chart will be activated. Once these targets have been reached and Matic manages to increase volatility significantly there is still room for further continuation, it will be an interesting journey ahead. In this manner, thank you everybody for watching. Let's move forward together. The information provided is only educational and should not be used to take action in the markets.
M
by VincePrince
14
LITECOIN, Triangle Completion Points to Further Volatility!Hello Community, as the year of 2022 is coming to an end the market shows up with important structures and developments that are necessary to watch and in this case there are coins in the market showing opportunities to move forward with. It is always necessary to look at the cryptocurrencies in the market with an increased pump potential in the market which other cryptocurrencies in the market do not show. In this case I detected a crucial formational structure developing in Litecoin with a determining potential to watch out, especially in the next times. As when looking at my chart we can watch there how Litecoin recently completed this main ascending triangle formation with a breakout above the upper boundary and now Litecoin has come to an important point in the structure here as it is trading above the point of control marked in red within the volume profile in my chart, this is the point in which the most volatility is staying and as long as Litecoin holds above this area it is a good level and setup for further continuations to move forward with. The longer Litecoin stays above this area and builds up as it is seen in my chart the stronger the preceding breakout and volatility continuation will be and once Litecoin also broke out above the upper boundary of the confirmational triangle this will be a setup from where Litecoin is going to accelerate heavily and activate the target zones seen in my chart. Once these targets have been reached it will be central on how Litecoin approaches the areas and if the volatility is high or not, in either of these scenarios further assumptions can be made. In this manner, thank you everybody for watching. Let's move forward together. The information provided is only educational and should not be used to take action in the markets.
by VincePrince
10