Evening Traders, Today’s analysis – SHIBUSDT- trading at a local resistance area where a pullback will allow for a long, Points to consider, - Price action impulsive - Daily S/R Support - Range Low Support - Psfp Objective SHIBUSDT’s immediate price action is rejection from local resistance, allowing for a pullback into support confluence of a Daily S/R...
Evening Traders, Today’s analysis, LUNAUSDT – trading in a trend that is potentially coming to an end, allowing for a pullback to long, Points to consider, - Price Action Impulsive - Potential Head and Shoulders - .618 Fibonacci Support - Int-Daily S/R Confluence - Higher Low Objective LUNUSD’s immediate price action is impulsive and is trading with a...
Evening Traders, Today’s analysis – BNBUSDT – trading at a clear resistance where a rejection is plausible, Points to consider, - Price Action corrective - Daily S/R Resistance - Int Daily S/R Support ‘ - Pull back objective BNBUSDT’s immediate price action is trading at a resistance, that being a key Daily S/R level, this allows for a bullish bias. The...
Evening Traders, Today’s second analysis – GALAUSDT- rejection from its Monthly S/R and is looking for a higher low, Points to consider, - Price action impulsive - .618 Fibaoncci Resistance - Order Block support - Key Swing Low GALAUSDT’s immidate price action has found resistance from its Monthly level that is in confluence with the .618 Fibonacci,...
Evening Traders, Today’s analysis – BTCUSDT- trading at a clear resistance level where a rejection is plausible, Poiints to consider, - Price action impulsive - Channel high resistance - Key swing high liquidity - Rotation lower BTCUSDT’s immediate price action is trading at a key inflection point that is in confluence with the channel high, liquidity...
Evening Traders, Today’s analysis – DOTUSDT – trading towards a key resistance where a rejection is plausible, Points to consider, - Price Action Impulsive - Monthly S/R Resistance - .786 Fibonacci Confluence - Daily S/R Objective DOTUSDT’s immediate price action is trading towards a clear resistance point that has technical confluence with the .786...
Evening Traders, Today’s analysis – EGLDUSD – trading towards an area f resistance where a rejection is plausible, Points to consider, - Price action corrective - POC Resistance - .786 Fibonacci Resistance - Weekly S/R Resistance EGLDUSD’s immediate price action is trading towards an area where there is technical confluence with the .786, POC, and two...
Evening Traders, Today’s analysis – ZILUSDT- trading at and area of resistance where a rejection is plausible, Points to consider, - Price action corrective - Weekly S/R Resistance - Daily S/R Support - Impulsive Wave ZIULUSDT’s immediate price action is trading at a resistance point that is in technical confluence with the POC, Weekly S/R, Int Daily S/R...
Evening Traders, Today’s analysis – ADAUSDT – trading in a constructive downtrend with another potential lower high intact, Points to consider, - Price Action Corrective - .618 Resistance - Pitchfork .618 Resistance - VAH Confluence ADAUSDT’s immediate price action is corrective and is has rejected from a key level, allowing for a bearish bias. The...
Evening Traders, Today’s analysis – APEUSDT- trading away from its Channel High, losing support will lead to a deeper pullback, Points to consider, - Price Action Impulsive - Channel Low Support - Naked Single Print - Lower Resting Liquidity - Market High Low APEUSDT’s immediate price action is trading towards an area of support that is in technical...
Evening Traders, Today’s analysis – DODGEUSD – trading in a local uptrend, a pullback will allow for a higher low entry Points to consider, - Price Action Impulsive - POC S/R Support - Bullish OB Support - .618 Fibonacci Support DODGEUSD’s immediate price action is trading in an uptrend where a pull back into the POC will allow for a bullish entry. The...
Evening Traders, Today’s analysis – ETHUSDT – trading towards an area of resistance where a rejectin is plausible, Points to consider, - Price Actin Corrective - Weekly S/R Resistance - Key Swing High - .618 Fibonacci Resistance ETHUSDT’s immediate price action is considered corrective in a bear market, price is approaching a zone of resistance which...
Evening Traders, Today’s analysis – ATOMUSD- trading towards a key resistance zone where a rejection is likely, Points to consider, - Price Action Corrective - Daily S/R Resistance - VAH Resistance - .618 Fibonacci Resistance ATOMUSDT’s immediate price action is at an area of resistance compromised of the .618 Fibonacci, Daily S/R and the Value Area...
Evening Traders, Today’s analysis – GRTUSDT – trading below an important resistance, a rejection is likely at the current moment in time, Points to consider, - HTF Range Low Resistance - Equal lows still present - Lower Resting Liquidity - Volume Influxes GRTUSDT’s immediate price action is trading at a key resistance zone where a rejection will confirm a...
Evening Traders Today’s analysis – BNBUSDT – trading at a key resistance level where a rejection is probable, Points to consider, - Price action SFP - Daily S/R Resistance - .618 Fib Confluence - Low Volume BNBUSDT’s immediate price action is corrective and is trading at a level of clear resistance, that is the daily level and the VAH, allowing for a...
Evening Traders, Today’s analysis – GRTUSDT – trading at an area of resistance where a high timeframe pivot is likely to occur, Points to consider, - Price action corrective - Key Psfp intact - .618 Fiboancci Confluence - Lower Monthly Objective GRTUSDT’s immediate price action is corrective and is trading towards an area that has multiuple technical...
The **Double Bottom** is a price action pattern that is indicative of a trend change once activated. Price needs to establish a bearish expansion towards the lows before reversing with an impulse. The impulse then needs to get sold into; this will create a retest of the previous low that must hold. Price action will establish a “W” structure which become a sign of...
Evening Traders, Today’s analysis – AVAXUSDT – trading in an up-trend, a pull back needs to hold to confirm a bullish retest, Points to consider - Daily S/R Support - .618 Fiboancci Confleunce - VAL Support - Order Block Support AVAXUSDT’s immediate price action is trading in an uptrend towards higher resistance, a pull back into support confluence area...