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Weeklymarketsanalysis

BTC: WILL MANAGE TO HOLD THIS LEGENDARY SUPPORT LINE??Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this important weekly BTC update. As 2022 is about to end, If you still manage to survive in this bear market and read this update then congrats you almost make it, and soon this bear market pain will be over. We have been in a bear market for more than one year. And the biggest question of this year is "WHERE IS THE BOTTOM OF THIS BEAR MARKET?" So in this analysis, I'm trying to give you some hints and my thoughts regarding this. As you see in the chart, we have a very crucial support line at around the $15k level. BTC manage to hold this trend line for the last 5 years. Every time price touched this trendline, we got a very good bounce. So there is a very high chance that history repeats this time also. In the worst case, if we got any weekly close below $15k then be ready for a $10k-12k level but as long as we hold this legendary trendline support bottom is here. What do you guys think about this? Share your thoughts in the comment section. If you like this idea then do support it with like and follow. Thank You!
BITFINEX:BTCUSDLong
by CoreCrypto1
18
XAUUSD Plan for CPI and Interest Rate Decision Week**Repost from Dec 11th 2022 since the original post disappeared** Regardless of the results from announcement of economic numbers, it would not be surprising to see gold price drop since the current price is standing near significant resistance area around 1810 USD. However, it would not be wise to open a short position until the break of uptrend structure is broken either from smaller time frame such as 15 min is making lower lows or the price closes below the uptrend regression channel in 1H time frame. There are two support levels to stop the bearish momentum at 1781 USD and 1765 USD. If the price does not break below 1781 USD, it has a chance of testing at 1823
OANDA:XAUUSD
by ChartTrail
USDJPY - Trade Setup that Matters !Hello dear fellows, thanks for your Love and Appreciation that i am receiving since i actively publish trade ideas again. It has been long time since i posted the Weekly Trade setup. SO , here is my coming week's Trade Setup which i will be actively watching and might share with you when i will be in this trade . ( PS : i am not an artist so you guys never see my charts full of colors or lines or indicators or Artwork. i always like to publish simple charts so everyone can understand easily ! ) Trade with Strict Risk Management and this will be not your Last Trade so do not attach to it emotionally!
Long
by iTradeForexZH
3
Next Bearish Leg For USDJPY Hello to the TradingView friends, please, if you like ideas, support them with likes and comments. Thanks for being here and being awesome.❤️ Did you see the reversal on USDJPY last week? After waiting weeks for price to retrace, USDJPY reversed passing the weekly higher lows at 140.343. You may be wondering what happens next. The only thing you can from here is pinpoint where you'll enter the next trade and where you'll take profit. Doing these two things are called strategy. You're fighting for the best price to enter and using your analysis to assume where price will move to after you enter the trade. My dear trading friend I'm here to tell you that if you use the same steps over and over again, this won't be a hard step. What I'm looking for? First, I'm looking for a pullback in price or a rise in price. A rise in price gives me a better risk to reward of 1.87. So, if price can pullback to 146.151, I believe this will be my best entry price. My stops will go around the high of 151.958 giving price room to breath in case it moves in the range between my entry and stop loss price. Where do I believe price can go next? I believe price can move back down to 135.425. USDJPY is still in a bullish trend according to the weekly timeframe. This is a potential $1.00 or 1000 pip decline. What type of trade is this? I believe this is a weekly retracement, daily reversal trend trade. It's a bit higher risk because it fits into a counter trend category if I were to follow the cycle trend of it going against the weekly bullish uptrend. Risk Management I'll be risking 0.5% of my account due to this being a countertrend trade. This will also be a swing trade so I'm prepared to hold this trade for a few weeks, maybe even a month or so. Time on this trade will be out of my control. What will stop me from entering this trade? If price continues down, I will not enter. I need a pullback to enter the trade and without a pullback, I have no trade. My entry is a bit away so I will set a Sell limit. A sell limit is when you put an automated order at your entry price to sell. Your broker will trigger you into the sell automatically once price is pushed through and price begins to fall past your entry price. I could also set a sell stop, but the sell limit provides a better confirmation for me. So, my trading friend, do you believe price can pullback and drop? What do your eyes see? I also thank you for taking your time out to read my thoughts on USDJPY.😍
Short
by ShaquanLopez
2
USDJPY short There are two possibilities The first to make down move to TP1 area and then break the last top The second a bearish wave without breaking the top and make correction within TP1 and TP2 In both cases, we are making down move to TP1 I always advise those who have experience and were not able to sell from the top to wait for the retracement wave and can enter the 50%-60% areas as happened in the SP500 chart TP and SL positions have been identified on the chart good luck
Short
by zoneofbasem
1
Cardano could to carry down the price to $0.22 centsIn this weekly analysis, we see another and possible crash of -42% in the price. And now, Cardano break down this descending triangle and we can to expect a pull back and then, entry in the short position following the projection. Also, for your recommendation don't buy Cardano in this end of tis bear market, starting to buy Bitcoin and hold Bitcoin or use part of them to make trading in the financial market. A good strategy it's using Cardano dominance and check out Cardano/Bitcoin correlation, for you, Cardano still bearish in this correlation in front of Bitcoin value. So guys, that it's all information that I can to bring you and be prepared for this crash!!!
BINANCE:ADAUSDShort
by harisonhbn9718
4
JP ASSOCIATES WEEKLY TIME FRAME#JP ASSOCIATES.... The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves. we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle. Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price. Keep it simple, keep it Unique. please keep your comments useful & respectful. Thanks for your support.... Tradelikemee Academy
NSE:JPASSOCIATLong
by Tradelikemee
(W) Chrt Anlyss/Current Opportunity & Longterm View with 4$rule(W) Chrt Anlyss/Current Opportunity & Longterm View with 4$rule for New Comer's. Aug 3rd week Price Rejection at 1808 from weekly low of 1681, where Bullish run was from 1681 to 1808 = 127$ Opportunity arise after bullish rejection with Bearish Trend For :- 1st Tp at 1729 2nd Tp at 1711 3rd Tp at 1690 With Hedge point at 1752 ( Strong Major Support is maintained from 20April2020 to till date 19th Aug2022 .. Tp can continue but, its not recommended ) if Major support is broken then SELL entry will be taken from 1658 and Tp will be 1635, 1602 with ext 1589. And if the price bounce back from Major Support area.. then BUY side will be strong from 1721 to 1762 resistance if these resistances break it will be the first sign of Bullish continuation for 1812,1821 ext 1855 and Key level figures till 2063 which is expected. Take note that My 1lot Hedge is at 1801 and it release will be mentioned ( As per my mood ) on the TV Gold forum Chat 😃😃😃 Till then stay tuned. Good Luck These Analysis is done Based on Trends, Wave, Technical Fundamental & Beyond Technical analysis.
OANDA:XAUUSD
by zararshahid
13