#ZRO/USDT Ready to go up#ZRO
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 3.42
We have a downtrend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the 100 moving average
Entry price 3.55
First target 3.69
Second target 3.84
Third target 4.03
ZROZ
#ZRO/USDT#ZRO
The price is moving in a descending channel on the 4-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 3.30
Entry price 3.38
First target 3.57
Second target 3.70
Third target 3.93
#ZRO/USDT#ZRO
The price is moving in a descending channel on the 4-hour frame
And it is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 3.75
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 4.00
First target 4.15
Second target 4.37
Third target 4.61
#ZRO/USDT#ZRO
The price is moving in a descending channel on the 1-hour frame and is sticking to it greatly and is about to break upwards
We have a bounce from the lower limit of the channel at a price of 4.00
We have a downtrend on the RSI indicator about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 4.00
First target 4.35
Second target 4.60
Third target 5.00
#ZRO/USDT#ZRO
The price is moving in a descending channel on the 1-hour frame and we are about to break it
We have a bounce from a major support area in green at 3.80
We have a downtrend on the RSI indicator that has been broken upwards
We have a trend to stabilize above the 100 moving average, which supports the rise
Entry price 3.96
First target 4.16
Second target 4.39
Third target 4.64
#ZRO/USDT#ZRO
The price is moving within a bearish channel pattern on the 4-hour frame, which is a strong retracement pattern
We have a bounce from a major support area in green at 3.67
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, upon which the price is based higher at the discount
Entry price is 3.75
The first goal is 4.25
Second goal 4.57
Third goal 4.91
#ZRO/USDT#ZRO
The price is moving in a downward channel and has penetrated it and is returning from it strongly
.
We have a bounce from the green support area at 2.80
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is about to break higher and supports the rise
Entry price is 3.25
The first goal is 3.60
The second goal is 3.90
Third goal 4.20
#ZRO/USDT#ZRO
The price is moving within a descending channel pattern on the 4-hour frame, which is a retracement pattern
We have a bounce from a major support area in the color EUR at 2.55
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum and the price is based on it
Entry price is 2.60
The first goal is 2.84
Second goal 3.03
Third goal 3.31
$TLT: Keep an eye on this$TLT has reached the end of a huge weekly and monthly down trend, and made me think it could be a long lasting bottom for fixed income here. Question is: Does this low hold after the next FOMC or not?
The daily chart shows a setup where a daily uptrend is set to expire by tomorrow, which could mean the current advance is over, or, perhaps, it needs some time sideways to build for a new move to the upside over time. If you can figure out what bonds will do, you have pretty big odds of getting all the rest right overall, so I'm extremely motivated to figure out what comes next here.
Keep an eye out for the daily signal outlook here, and be on guard for a weekly scale breakout to the upside to buy or add to existing longs.
Cheers,
Ivan Labrie.
$TLT: Preparing to buy when safeI am monitoring bonds here, as we are approaching the target of a weekly down trend signal that fired recently, while the monthly timeframe trend is about to reach its end. By the end of September, the odds of a reversal in bonds will be very high, while equities are looking like they could crash lower from here possibly, and we could get inflation to come down, likely due to the effect of recessionary forces at play thanks to Powell's hawkishness. Since the Federal Reserve is hell bent on killing inflation hiking rates, and the data they use won't make them worry about this course of action until it's likely too late, odds of something breaking badly here are substantial. As such, I'm eager to spot the bottom in $TLT / $ZROZ to invest. We have a decent enough juncture here, where it starts making sense to pay attention to reversal cues in multiple timeframes and monitor signals closely to go long big time when confirmed.
Best of luck,
Ivan Labrie.