Hi All, Today I do a Gann Fan on ETHUSD to reveal some interesting zones circled in orange. I'm currently unsure of where this market will take us and there is a lot of indecision. This is the best market to scalp price since price is not trending. I wanted to leave this analysis opened to you to broaden your perspective of where price may lead. I hope you...
Original Idea: youtu.be Hi All, I drew some fib retracement lines that react well with price. I got this idea from Kite Crypto on YouTube and wanted to share my results with you all. Current market conditions reveal that we are in a range but price is squeezing and we can expect momentum to pick up soon the closer price gets to the fib zones. For now, trade...
Hi everyone, I wanted to share this basic TA revealing some areas of confluence and major support and resistance zones. There's nothing else to this chart besides just that, basic price action. Right now $BTCUSD has been in a range for an extended period of time however price has been consolidating and slowly squeezing on the daily chart. I expect this to...
Good morning everyone: I wanted to do a simple analysis on NAS100 comparing last year with this year's pullback around the same time. CLOUDS : EMA 9 WMA 30 - Green/Red EMA 50 EMA 100 - Blue/Orange Based on the current analysis I expect price next week to maintain at it's current level but there is a lot of upward resistance as we've seen the past few...
The chart is pretty self explanatory for those familiar with this pattern, but allow me to explain. I am basing the channel on the last big movement's high and low. I connect the channel based on the pullback with the ending coordinates at 4:00AM 12/11. We are seeing lower lows and lower highs, I would like to see price break out higher since I am bullish on...
The chart is self-explanatory and I wanted to share my idea with everyone. I believe this was just minor pullback before another rally takes place. The teal line is plotted to the lowest price during the Jun 11th pullback and the highest point before the most recent September 3rd pullback. I cloned that line and plotted it again for the current dips low. I am lead...
There are multiple bearish signals flaring off and I'd like to share them with you. I like to keep things straight to the point and simple. I predict Monday will be bearish, it would be ridiculous of me to say we'd hit $311 Monday but I'd like to say it isn't impossible. If you look at the 09 June, you can see that is the 8th day in a row of bulls winning. You can...
To keep things simple, I am expecting a bounce back towards the POC (Red Dashed Line). Price has consistently bounced off the green support line. There is a skinny wick under the last candle which is a sign that the price was rejected. We ended with a bullish candle, I'm not expecting price to end bearish on Monday. Here is a broader view of the green support line.
Based off recent history price is considered high. Right now it's moving flat and there has not been any good news to justify futures being bullish.
At some point next week TSLA will touch the POC (red line). If TSLA continues down towards the next lower step then I assume we bounce back up from there. RSI is starting to show TSLA is overbought under 20, buyers will start entering soon.