Zone
Ethereum Consolidates Near $2,800An immediate resistance on the upside is near the $2,800 level. The first major resistance is near the $2,830 level. Ether price must clear the $2,800 and $2,830 resistance levels to start another increase. In the stated case, the price may perhaps rise towards the $2,880 level. Any more gains might call for a move towards the main $3,000 resistance zone in the coming sessions.
The progress on BTCUSDYesterday, we looked for selling opportunities from the zone
Today, we can already see that rejection and price is heading towards the first target at 37 300.
The breakout will confirm a downside continuation to 30K.
Once we rejected that zone, we should not see price above 42 600 anymore, in case of a downside continuation.
That's where you should place your stops as well.
GBPUSD - Video Top-Down AnalysisHello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for GBPUSD.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!
All Strategies Are Good; If Managed Properly!
~Rich
CADJPY: Loonie-Yen has almost reached the supply range! Short itThere were buyers around 90.600 in January. That range was broken and now is obviously above that rate.
I think market will reverse from there and came back to the demand zone.
I will close my position at the TP, you can hold longer (not recommended).
BTC Buy, Fib Levels markedWaiting on Price action entries in these zones.
Double confirmation Fibs line up at the bottom of the purple zone retracement. monitor price action there for turn around, with AO volume divergence.
Entries about 1-5-15-30 mins TFs with ignite strategy, bias long, with tops at 1.618 an 2.618 previous ATH confluence Daily chart.
2% risk entries, roll stops under structure points and ride up. stack orders as risk frees up.
1-6 months to pan out
Has the decline on EURUSD started?Yesterday we looked at our sell zone, and now we can already see price rejecting it.
The move isn't confirmed yet and we have a push back up after each drop.
Technically, we see a rejection of the sell zone and price heading to its first support at 1,1290.
In order for this move to continue, we shouldn't see market going above 1,1400.
We will have a confirmed downside move on a breakout and re-test of 1,1290.
Until then, all positions are still considered risky so use a smaller lot size and make sure to move your SL!
Wish bag holders this our week, let us all unite!1. Wish showing some stability around $2.50
2. Possible short covering to make up for losses in other positions by the shorts acting as a floor
3. Possible bottom since the company is trading close to 0.8-1 expected sales for 2022 & possible break-even by the first Q
4. CEO must be announced upcoming week or the next
5. Technicals looking good with multiple divergences
6. Still waiting for institutions positions update
7. Beginning to see some improvements on the platform , shipping times getting better.
8. Interest rate hikes (problem if wish wants to raise more money) BUT has no debt and looking to break even.
9. If there is a buyout i would expect at least at 3-4x sales meaning $8-$10
10. Hold your bags tight! we are all in this together! Do not let wallstreet steal your stocks. Worst case we are all wrong! it happens, we will study what we did wrong learn from it and move on! investing does not end with one bad decision there is always room for improvement, never give up! Best case the price will tell!
WAVES - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
WAVES is sitting around a strong support zone in green so we will be looking for buy setups.
on H4: WAVES is forming a trendline in red but it is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, WAVES would be overall bearish can still trade lower till the lower green support before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich