BEAR AND BULLS CLASH!!! BITCOIN/ US DOLLAR CHART ANALYSISWelcome back to another video, today's video is about analysing BITCOIN (BTC) using the monthly, weekly and daily timeframe to understand and see price movements for possible next direction (either downwards or upwards trend).
P.S NOT A FINANCIAL ADVISOR... JUST EDUCATIONAL AND LEARNING PURPOSE ONLY...
Weeklymarketsanalysis
Cardano entry in the sell-off now!!! Beware!!!Cardano forming a possible bearish evolving pattern in weekly timeframe what we could to expect another crash in the price.
My first support it's around $0.27 cents, what we could to expect it, but everything what depend how it's behavior their volatility. But making a bought around $0.27 cents it's a possible good zone to bought and more below like $0.24 cents.
Remember that Cardano it's one of the top cryptocurrencies that it's very favorite for a lot crypto-enthusiastic, included me, Also, I thinking that Cardano it's one of my best cryptocurrencies to take in my radar in the next years and it's a big competitor against Ethereum.
Now, I interesting to bought Cardano at $0.27 cents and accumulate it by long term. I'm very enfocous in just 4 cryptoucrrencies: Bitcoin, Ethereum, Cardano and XRP. They'll the best cryptocurrencies and top in the fintech that I heard a lot about it.
But investing in Cardano very cheap, this will be the last opportunity that you can't to missing it in your one time in your life to see this big disccount
So guys, this it's my own perspective how I see Cardano
I hope that this analysis support you!!!
Ethereum could to prepare to the next sell-offIn weekly timerame, Ethereum has a crucial moment like Bitcoin to entry in the bearish movement to $800 USD per coin. If Ethereum closed up this weekly candlestick forming any bearish signal, a bearish movement we could to expect very soon and a possible crash of -52%.
Guys, Ethereum it's not bullish, it's in the clearly bear market following what Bitcoin do, and Bitcoin follow what the financial market do, specially in front of Forex market taking the U.S. Dollar as lot influence.
That it's all my information that I can to get you and keep informed what happen in our financial market.
I hope that this analysis support you, in case that I look any bearish signal, I interesting to short Ethereum.
Probably BITCOIN may local Top Here? or Move higher!! #BTC Weekly Chart
When I tried to look at BTC from macro/weekly time frame, my perspective changed a little. I'm not much convinced with this rally from 17.6k to 25k unless and until we break that Giant Trend-line initiating from Nov 2021(Cycle Top).
I'll sum this chart here in brief for your better understanding. Btc made All time High in Nov 2021 which marked start of Bear run.
Bear Run Phase 1 - Dump from Nov 2021(69k) to Jan 2022 (33k) and Relief rally from Jan 2022 (33k) to March 2022 (48k - Higher Low)
Bear Run Phase 2 - Dump from March 2022 (48k) to June 2022 (18k) and Relief Rally from June 2022 (18k) to Aug 2022 (25-27k Potential next HL)
Only positive here is Btc is back above weekly MA 200 which is giving it a Little bullish insights. I personally believe, Btc will like do a Fakeout this week or by next week towards 25-27k, touch the trendline and head towards another Bear Phase. Only break of this trend-line and close above it will make Bullish Case Alive.
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TVSMOTORS Cup & Handle breakoutAuto sector is in bullish momentum considering the hype around electric vehicles and reducing steel prices.
TVSMOTOR is looking very bullish and looks like a good positional trade.
It is very close to its ATH of approx 814 and is currently on the verge of giving ATH weekly closing.
Ethereum it's forming a correctionEthereum forming a bullish correction in weekly timeframe, and we're in the weekly resistance zone around $1,687 USD-$1,878 USD. Now, it's very important to analyze with some carefully and don't believe that tis track look bullish in the price movement, but EMA lead the trend to bearish. Right now, if we se in the next weeks a bearish rejection, we could to expect a crash in the Ethereum price.
Meanwhile, I found out that in monthly timeframe, we see a possible ABC end correction of this bearish movement, but in case that this analysis being invalided, so, I will continue in this bearish movement in Ethereum
I hope that this idea support you!!!
AAPL: Weekly Market PerspectiveApple show us an interesting good position to find long. But I prefer to wait some weeks to know the reaction in Forex market for another hand to be with my own sight to invest in stock market.
Also, I'm taking course to invest in stock market. As I'm a peple that know much in Forex and cryptocurrencies. I want to be educating in this market.
This it's my own sight.
I hope that help you much.
S&P 500; Weekly Outlook AnalysisS&P 500 still in this re-distribution zone to continue in this bear market where we could to look a next objective to find down 3475 pts in the next weeks.
Using Fibonacci analysis, the price still around in the 0.618% Fibonacci Golden zone to sell in that smart point, For reference ,we could to analyze Daily chart and look any bearish signal in the candlestick.
I'm bearish in Stock Market for the next weeks.
Clear uptrend signal for long termThe AUDCHF chart printed the strong PA signal (DBLHC) at the key level in the weekly chart and indicating strong uptrend move for upcoming days.
The Daily chart perfectly align with weekly trend and it printed the multiple PA signals (Two Bar fakey) in the same level. Yesterday day it printed the another confirmation Fakey which provides additional confluence. FX:AUDCHF
0207 USOIL Wkly PlanHello traders,
USOIL might not follow us to test new low next week.
But at least we got part of that right, it made a support by reaching 104-105.
On weekly right chart, I would see a possible ABC "Z" pattern is ongoing. Price could reack wkly resistance zone agian.
On 6h left chart, ABC wave on this timeframe chart is ongoing. It could reack fibo 1.27 117.22 first .
So for next week, I would say a new swing up first, then think about how it will run before reaching wkly resistance zone. When it up there, think about how it will breakout after.
GOOD LUCK !!!
LESS IS MORE!
0207 GOLD Wkly pLan new chance to sell later?Hello traders,
Lets have a quick review on GOLD for last week.
Gold continue down to reack last low to finish a ABC wave on 4h chart.
And it rallied up on the 1st day of July. It could go back to 1828 before making a new swing down.
On wkly chart, I would prefer to see sideways price action before making a new leg down.
So from next Tuesday, you should follow how far the swing from 1789 can go up to, and check selling signal again from there to follow a sidways price action for GOLD.
GOOD LUCK!!!
LESS IS MORE!
0207 GBPJPY wkly plan sidways bfore new highHello traders,
GBPJPY made a good trade for us last week with Reward to risk rate higher than 4.
2906 GBPJPY broken channel for sellers with RR>4
Just a simple broken channel strategy.
Now taking back wkly chart to review, this pair's price action just a simple sideways movement above wkly EMAS. It would finish sideways on wkly chart soon to make a wkly breakout to new high, up to 173.30.
The big pic ABC wave (orange) on wkly chart and the purple ABC wave on 4H chart are different. They provide different idea to trade.
On wkly chart, you should wait for a breakout signal to follow buy.
On 4H chart, you can buy when price pull down to make a correction, and target resistance zone . After breaking the resistance zone , you can follow the idea on wkly breakout strategy to trade.
So your trading timeframe will define your trading timing.
Anyway, I would prefer to buy this pair next week and make 4H plan first.
Good luck!!!
LESS IS MORE!
⭐️GOLD: forecast for Jun 27 -Jul 1News background: G7 embargo to ban Russian gold imports
On June 26, US President Joe Biden announced that the G7 countries (USA, UK, Germany, Canada, France, Italy and Japan) would impose a ban on the import of Russian gold. According to US Secretary of State Anthony Blinken, the refusal of the G7 countries to import gold from Russia will deprive it of about $19 billion.
The EU has said it is ready to consider joining the G7 in a ban on Russian gold imports. The head of the European Council, Charles Michel, stressed that the restrictions should be studied for damage to the EU economy.
This news background is expected to slightly support metal prices, but one should not expect strong growth due to such sanctions. With or without this news, precious metals are expected to rise in the medium range.
Technical Analysis: BUY-priority
The price of the instrument is in a large corridor of 1810$ - 1875$ . Gold is more tended to grow, however, at the beginning of the week, a rollback down to around 1820$ should be expected. Apparently, the mood of buyers will increase, but in the event of a rollback to 1810$ and a "long pause" for at this level, such a scenario would result in a drop below 1800$ .
For further growth (priority scenario), buyers need to overcome the level of 1855$ , which acts as a small obstacle on the way to 1875$ . Upside potential is now limited by the level of 1900$ .
🔥 GOLD Forecast Results 🔥
⭐️GOLD: forecast for May 30-Jun 3 👉 +1900 points ✅:
⭐️GOLD: forecast for Jun 6-Jun 10 👉 +2900 points ✅:
⭐️GOLD: forecast for Jun 20-Jun 24 👉 +1800 points ✅:
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👇🔥 LINKS TO PREVIOUS IDEAS AND FORECASTS 🔥👇
YING AND YANG Concept The DXY is a Sniper's ISR (RSI in REVERSE)
We know that makes the yang most US BASE PAIRS.
Therefore we leverage this objective wisdom in the markets as we formulate strategies and formulas to trap price and ride the TREND$ into the promise land of PIP$.
These pip$ are only reserved for Snipers and BIG MONEY.
So the narrative for this set up is when yang goes short YING goes long.
All of the parameters have been set. Price is FALLING INTO OUR SET UP not VICE VERSA ... looking for the trade or chasing the trade*
The key is patience and TRUSTING your OBJECTIVE set ups. Price will fall into your trap.
When you see your opportunity confidently snipe the trade. Our threshold strategy will always protect our trading accounts. Thus giving us a very small risk ratio compared to the 337 pip Weekly Range Reward.
This is the Weekly TF so this is a HOLD until price reaches your profit level. Only you know what you want to extract from the market any given day or trading session.
Never over leverage.
Trust your trade set up.
Have Fun.
I AM:PRO TRADING MADE SIMPLE
Have a Great Week of Profits SNIPERS! PREPARE TO SNIPE!!!!!!!!!!!!!!!!!!!!!!!!!
GBPUSD REVERSALGBPUSD closes above strong support signaling reversal.
Price has bounced on the monthly support, RSI bullish divergence on the Daily timeframe, and the fact that the price has closed above the support forming a reversal candlestick on the weekly timeframe, all suggest bullish movement in the coming week.
It's recommended to enter on buys at the current support level with an initial target at 1.26700.
Possiblity For A New Lower Low. BULL:
• 110.315
• 114.740
• 119.304
BEAR:
• 101.326
• 95.518
• 89.848
I know that the President is trying to keep oil prices low in the U.S. which explains why oil dropped as low as it did. That, and it had a gap to close according to my broker. Now that the gap is closed, trying to see if oil will make a new lower low this week, or will we hover above the $100+ a barrel mark for a little longer.
The daily bearish engulfing was also fully retested on to finish last week off as well. So The daily could be confirming the new lower low is going to be made. Let's see.