DXY SellAs also seen on the daily chart simple market structure break test impulse correction . this week should be expecting a corrective move to recent key levels then after added confluences should be taking long term sells on this market.
Wealth
CAKEUSDTthis alt has the potential to reach unbelievable values as fundamental but technically the bulls show complete dominance in the chart therefore we consider the last slippage as a correction and go for our targets safely
another mean of publishing this post was introducing a token listing today (10th of may) in pancake swap in name of wealth locks (WLT)
strongly recommend to hold it for more than 3 months for a great fortune
current value is 47.13$
you can do your researches and then enter such a signal
as our observer reported this token showed a healthy fluctuation and we are getting heavy in it with this value . . .
if you entered like we did just head in private chat and discuss the values there
👉This idea has the confirmation of "advanced price action"
👉For more information don't be shy and get in private chat of trading view
👉Hit share and spread the information in public chats or your twitter for everybody to get profit
AUDJPY - Shorting on a balance zone The major trend for AUDJPY is bullish. But, it is undergoing a "m" ranging now. And hit the resistance and potentially going down from here.
If we zoom in and get the detail have a look inside this ranging correction, we can see the seller stronger now by time to time. In H1 time frame for example, we see price below "resistance zone" and testing kijun sen and still can not pass yet. So, price also can go down from here (84.330). Whatever strategy you use, think to sell now. For market does not give a clue to buy at that moment. Rather, showing us, there is a slight imbalance towards down (seller stronger than buyer ).
Good luck
US30My overall view on US30 is a sell.
4hr markup shows me price is currently in a ranging state.
I will enter if market comes back and wicks my red zone for a short sell to the 0. Here I will wait for more confirmations on a buy/sell.
USDJPY - Buying on weaknessUSDJPY still in bullish bias and under a deep correction. The senko span 1 supports the market and made it rebound a couple days ago. Now, price will go to continue the upwared movement. The big target will be around 114.305.
The question is how we can ride this upward movement?
As you can see, in H4, market already breached resistance zone and from it, going upward for a while. Making a break from minor resistance (now become new support) 109.225-109.060 that will be the target of the itd correction now. So, observe this level carefully for the chance price can go back again to this new support. You can try to get new buying spot around that level.
Good luck then.
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GBPNZD is Bearish !!!! SELL.GBPNZD is currently on a downtrend and price is currently in a zone of interest at the 61.8 % fib level.
I am currently looking for a break out and retest out of my Asian box.
Expecting a move around 3:30am or at 4:30am est.
My chart markup was done on a 1hr. Looking for entries on the lower time frames for selling confirmation.
If you like this idea or have your own opinion about this pair, please comment below box. I would love to reply.
Trade at your own risk. Have A Good Trading Day!
Coinbase (COIN) Support & Resistance AreasStill so new. Lets see if we can hold a $310 support throughout month and trade past this channel to the upside or if we break further past $310 to the downside. If we trade more sideways throughout the month then it may be a good time to accumulate. It's very early but we'll see how this one plays out. The fundamentals for Coinbase are very strong.
Cheers! Much peace, love, health, and wealth.
Uniswap Forming road to $40 and BeyondHow can we not love our favorite unicorn Uniswap flying to new all time highs. We've been following this bull trend line since the beginning of this year right behind the smoke trails of this rocket ship. We may get a re-test of our trendline putting as at higher highs and higher lows. I also believe the Coinbase IPO will have a positive price effect on Uniswap throughout the year as more liquidity and investors flow into Coinbase.
Cheers! Much peace, love, health, and wealth!
GBPCHF - Bullish ViewIn this weekly analysis about GBPCHF, I will share a simple strategy but yet powerful enough to give all of you decent profits. First before explaining further, you all should know that trading is a game of information. And a game always related to a probability. Meaning every party involved in the game can not make sure that they know for sure what will happen in market. Everything analysis made will give you what probability higher than others to happen. Like if you walk out of your house and want to go to do shopping. You know what route you will take to deliver you to your favorite market place. You also know what vehicles you should take to make your journey more comfortable and faster for example. You also know how much money you should take to do your shopping, and what things you should buy. But do you know what will happen to you during the journey to the destination of market place you want?
Perhaps, you will get stuck in a traffic jams or you will find difficulty to get place to park your car or you will find annoying people or meet people you do not want to meet or bla bla bla.... There are so much probability you will have. This world like that and including the trading itself. So, you have to realize this , if not you will get to the wrong purpose to find a precision trading system that you will never find in this world.
Back to the GBPCHF, after breaking out 1.22866, this pair undergo a very well non volatile bullish trend and then this trend changes. Now market is "pausing" and take breath.
Forming a box range correction. So, the trading strategy in this kind of correction obviously difference than the last. So, what should you do?
First, you can wait until this correction finished by seeing market breakout the last resistance (1.29660) and jump to market after that (scenario 2)
Second, you can trade carefully inside this correction structure as a buyer. Meaning, you wait patiently on support and find a chance to buy on it if market near or at this support. And then riding the upward movement after that (scenario 1). The target already shown in the chart.
Okay, good luck then.
CLOVIS ONCOLOGY long.Here is why you should add this stock to your portfolio, During setting my analysis i had found a signal that indecates to a very stong bullish momentom is about to occur.
Bitcoin's Next Psychological Destination $70,000In many ways I still feel like we're just in the very early stages of this bull cycle in Bitcoin. Interesting to see how this one will play out. We just hit the $60,000 psychological number and $70,00 will be next. Grayscale Capital and MicroStrategy Investments are investing heavily at all time highs. They will continue to do so even past $100,000. Don't forgot the avalanche of corporations and intuitions that want a piece of that Bitcoin pie. Bitcoin is starting to seem like a good price under $100,000.
GBPUSD - End of pushbackI bought GBPUSD yesterday night (6 hours ago) and will share what I see to decide this decision.
First of all, GBPUSD is undergoing a nice bullish trend, a strong one with respect to dynamic value area in D1. I noticed GBPUSD directed to this dynamic value (moving average) and prepare myself to check the signs of rebound from it. I expect this rebound, because I analyze the behavior of this GBPUSD. It is often to test resistance more than one when facing it. Coz GBPUSD just tested it one, the repetition test likely happen in near time frame.
Indeed, what I expect happen and my forecast, GBPUSD will potentially go again to 1.42440 to test this major resistance again. If it failed, then, market will go down again (sideways in D1). And before that happen, I will close my buying positions.
Remember, a chart is telling you and I about how the Institutions place their order, and how they move the market. By looking for their money print in your chart, you can ride the market with them and get money.
Happy trading
MARA - A Trade dreams are made of... PatentedLearn how to spot these and you will never work a day in your life ;)
MACD divergence shown with bold yellow followed by the cross yellow vertical line right off of a double bottom. If I saw this I would have put my life savings into it... Cheers yall!
Comment and let me know what you think about these ideas!
$50,000 Bitcoin Inevitable The Floodgates Have Opened Every single day history is being made in cryptocurrency. It is always an exciting time and reason to celebrate Bitcoin forming new all time highs as we're in a new price discovery cycle. Cheers!
Today will mark one of the most important and iconic days in Bitcoin's history. The news of Tesla accumulating 1.5 Billion dollars worth of Bitcoin signifies the beginning of a new era in cryptocurrency were we will begin to see a rapid acceleration of institutional and corporate adoption for Bitcoin. Elon Musk and Tesla have officially opened up the floodgates for an expansive amount of corporations and financial institutions to now highly consider gaining exposure into Bitcoin. If Tesla is accumulating Bitcoin you better believe there will be an avalanche of corporations and companies to follow Tesla's lead throughout the rest of this year.
Bitcoin is more bullish now than it ever has been. It is in Bitcoins destiny to inevitably test the major psychological price of $50,000 as we're inching closer every month to achieving this major milestone. We just hit the 2.618 Fibonacci retracement level of $47,000 today. Our next Fibonacci retracement level is the 3.618 at $63,900. The fundamentals for Bitcoin have never been stronger.
Bitcoin will eventually be a story of the have and the have nots in the years to come. I'm always adding to my Bitcoin position. Always stay stacking those satoshis! Much Peace and Love!
Uniswap (UNI) $20 Support Forming Road to $27?What a magnificent performance we have been witnessing from Uniswap since the begging of this year. Cheers to everybody that has held to $20! Every hodler, trader, and investor should be excited and thankful for the explosive growth that we have been seeing with Uniswap and within the Decentralized Finance (DeFi) realm overall. Almost every week we have been seeing the DeFi sector increasing Total Value Locked (TVL) by the billions.
It is very refreshing and reassuring to see Uniswap hugging the 2.618 Fibbonacci level of $20. Many believed we'd dump right after $20 but that doesn't seem to be that case so far. We've traded through $20 five times starting to form the basis of a $20 support area. As of right now we have a low support of $17.80 and a resistance of $21.56
The next destination for Uniswap will be the 3.618 Fibonacci level putting us at a new all time high target of $27.00 if this momentum continues. So far Uniswap just reached a milestone of 30 Billion dollars in Total Value Locked (TVL) and is nearing 4 Billion dollars worth of liquidity.
Uniswap is only about 2.8 Billion dollars away from Binance's 8.6 Billion dollar market capitalization. If we continue this bullish momentum througt 2021 there's doubt in my mind that Uniswap will eventually be the biggest cryptocurrency exchange overtaking Binance. Uniswap is truly a game changer and as always I'm keeping a nice bag of UNI for the long term.
Much Peace and Love! Cheers!
Ethereum (ETH) Price Discovery Phase! The Journey has BegunCongratulations to all the Ethereum investors and hodlers globally. Today is another major milestone and special day for the Ethereum nation as we've hit another new all time high trading past $1600. As of today everybody in the world should be in profit! Cheers!
We are officially in price discovery phase for Ethereum and we're just getting started. We have a nice breakout past the "1" level on the Fibonacci retracement and now we're trending towards the "1.618" level putting Ethereum at a price target of roughly $2250. The trend is very strong but I will say we do have decreasing volume so keep that in mind.
The fundamentals behind Ethereum have never been stronger. It is becoming clear that Ethereum is the next evolution of the internet and the second pillar of the cryptocurrency ecosystem next to Bitcoin .
Also no Ethereum = No Decentralized Finance (DeFi). The overwhelming majority of Decentralized Finance runs off of Ethereum . If we consider that Ethereum is the nexus to bridging part of our current financial system into decentralized finance, then we can conclude that Ethereum is tapping into global markets worth 100s of trillions of dollars. Lets not even get started on derivatives.
History is in the making. I personally believe Ethereum will have a truly historic performance in 2021. The use cases, potential, and demand for cryptocurrency is inevitable as the world starts to see how clogged, corroded, antiquate, and corrupted our current centralized financial system is. I'm keeping a nice bag of Ethereum for this decade.
Cheers! Much Peace and Love!
Band Protocal (BAND) Break Out Retesting All Time Highs SoonIn the oracle realm of the cryptocurrencies Band Protocol is the second largest oracle coin right under the leader Chainlink (LINK) that is bound to be picked up and re-test those all time highs. Band Protocol has approached a very important level today as it has slightly broken out of $11.50 resistance zone that has held strong since September 4th 2020. We traded for at a high of $11.80 before coming back down to current levels.
Today we hit the 0.5 Fibonacci Retracement level and now we're trekking towards the 0.618 Fibonacci level putting us at around $12.25 for our next target. We also hit a daily bullish divergence on the MACD as well indicating we may be positioned for a strong breakout within the next week or two.
Band Protocol only has a market capitalization of around 230 million dollars while Chainlink's is around 8.9 billion dollars. As being the second biggest leader in the oracle space Band Protocol will be poised for a lot of growth this year especially as the use case for oracles continues to accelerate. Oracles allow ways for a blockchains and smart contracts to interact with external data.
Oracles will be an essential part of the evolution of cryptocurrencies and growth of Decentralized Finance (DeFi). Band Protocol is the second biggest Oracle, still well under a 1 billion dollar market capitalization, and has a Coinbase listing. Keep Band Protocol on your radar for 2021.
Current Support Level: $9.00
Current Resistance Level: $11.80
Cheers! Much peace and love!
Uniswap (UNI) to $20? In Price Discovery Phase Good morning everybody!
Congratulations to all the Uniswap Hodlers and Investors. We've sailed through our previous all time high of $8.70 and now it's forming to be a solid zone for support. Resistance becomes support, that's always a good sign.
As of now Uniswap is in price discovery phase so I heavily caution people taking positions at these levels. I'm just not the kind of person that buys at the top especially at new all time highs. Uniswap has a lot of steam but please always bare in mind that it is overbought and past 70 on the Relative Strength Index (RSI). But that's just my personal preference.
I'm calling for a $20.00 Uniswap by March if we continue to grow at this pace. Another 100% increase from $10.00 will put Uniswap at $20.00 which is not a farfetched price target at all. This will put Uniswap at a total market capitalization of $6,000,000,000 doubling from where it is currently. These are reasonable goals considering what Uniswap is.
Uniswap is a Decentralized Exchange (DEX) meant to easily trade coins and create liquidity without any human involvement or corporate hierarchy. Meaning you will never need to divulge your personal information or identity to start using the platform. This is extremely powerful and attractive to many investors and traders alike. With this being said it is already a function product and platform being heavily utilized every second.
Decentralzied Finance (DeFi) is the future and as DeFi grows so will Uniswap. Uniswap is becoming the Binance equivalent of the DeFi ecosystem and is the current leader of Decentralized Exchanges (DEX's). It is already listed on Coinbase as well. I see Uniswap continuing to perform extremely well in the months to come.
Cheers! Much Love and Peace!
Bitcoin Holding Strong $30,000 SupportIt is nice to see Bitcoin flirting around the $30,000 support zone. This to me in a macro perspective is very healthy for Bitcoin as it indicates that this market is becoming more resilient. The more we trade through that zone the stronger the support becomes. We broke out of the symmetrical triangle, briefly traded at $28,800 and now we're back in the $32,000 range.
We are still oversold on weekly and monthly on the Relative Strength Index (RSI) for Bitcoin. When price reaches these extreme levels, a reversal is always possible so always bear that in mind and be cautious.
In a worse case scenario we go down to $20,000. But you also have digital asset managers such as Grayscale Investments heavily accumulating Bitcoin at these current prices so it's difficult to tell. However, The overall trend is still positive for Bitcoin.
Cheers Everybody. Much Peace and Love.
$2000 Ethereum (ETH) By Early February? Price Discovery PhaseEthereum is getting really juicy and with much reason. These are very exciting times for Ethereum. As the cryptocurrency market matures many people are realizing Ethereum is not only essential, but a vital part of the entire cryptocurrency ecosystem, especially in Decentralized Finance (DeFi).
We've broken through a major milestone and resistance area since great 2018 boom surpassing trading in the $1300 -$1380 zone. We have an ascending channel developing on the 4 hour for the past week. If this channel and momentum holds we will be at the great psychological number of $2000 by early February or sooner. Of course I say this in a "perfect" case scenario.
We are on the starting line for a new price discovery for Ethereum this week. If the trend doesn't hold we fall back down to previous support levels.
Please understand and take caution that we are also in oversold territory for Ethereum.
Support Area: $1225
Resistance Area: Price Discovery
Cheers everybody! Much peace and love. Happy trading and Investing.
Cardano (ADA) Explosive Upside 2021Just looking at a long term chart analysis of Cardano's (ADA) Bitcoin pair from 2018 is pretty exciting. Currently trading at 1000 Satoshis we still have about a 700% climb before we even begin to re-test all time highs on the Bitcoin pairing. I believe it's about another 350% climb from the U.S. Dollar pairing until we re-test all time highs. With that being said there's plenty of room for growth.
If you're still looking for a strong project with sound fundamentals that still has a lot of upside, not overbought or in price discovery phase, then consider researching Cardano (ADA) to add to your portfolios or positions for this bull run.
Cardano (ADA) has one of the biggest academic research teams in cryptocurrency and it remains a 10 cryptocurrency. With the growth of entire market and more news of innovators developing on the on the Cardano (ADA) blockchain this year we can definitely expect Cardano (ADA) to inevitably re-test those 2018 all time highs this year.
If you believe in the Cardano (ADA) project then these are great times to take a position or get a nice bag together at these price levels. It is still early for Cardano (ADA).
Major Resistance Area: 1500 Satoshi
Current Support Area: 750 Satoshi
Load Up Your Ethereum Bags 2021 Still Early To the Party.Ethereum has been slowly boiling on its course to re-test new all time highs and it is still a great time to invest in Ethereum.
Within the past week we have seen a solid support level of around $980 but has traded to as low as $880. As of today now we see Ethereum hugging the 0.786 on the Fibonacci Retracement steadily hovering at $1050 and strongly supported. We have major resistance for Ethereum at around $1350 before we can start the charge on testing those all time high levels of around $1420.
If you believe in Ethereum this bull cycle then this is still a great time to accumulate and load up your Ethereum bags at these levels before we test new all time highs.
Bearish case scenario is alt-coins start dumping and we see Ethereum drop below $880 heading to the 0.618 on the Fibonacci Retracement putting us at around $750.
Bullish case scenario is that we continue to consolidate at these levels $980 - $1100 and start climbing towards new all time highs.
Cheers! Safe Trading and Investing.
