If the price breaks through the red box, targets such as $38 in the short term, $58 & $65 in the mid-term will be on the agenda. I am hopeful for this pair as long as the green box continues to act as support.
Greetings, In the scenario that the price does not lose the blue box ($57), I expect it to go to the supply zone at $65+ as the first target. If it can cross the supply zone, the upper resistance levels can be targeted. In a scenario where the price loses the blue box, the other area I would look for support would be around the green box ($50).
Closes above the blue box (legit Support/Resistance) may reflect positively on #DOGE, even if short-term. Otherwise, it may be considered to take trades by looking for confirmation (cuz its current market is bearish) at points such as the green box and green line. Confirmations = Breaker, Mitigation, Swing Failure Pattern on 1H or less timeframe.
I think the price is going to visit $31s. Since the market is too shallow, I would like to see a confirmation on LTFs (like 15 minutes) before buying. If a sharp selloff happens, $28 is another level I'm interested in. If the price can pass blue line which is the EQ level of major swing low and high level, the price may also visit red box.
I actually shared this 40% rise with you but Tradingview banned my analysis after 2 days . I opened a ticket for them to help me but they responded negatively. The only thing they could have done was to delete OKX from the title :) In the previous analysis I said I would buy from the green box , if you want to take a look: prnt.sc Anyway, I will continue the...
A short position can be built with the confirmations in the 4 hours and lower timeframes to be seen in the red box. I will consider buying if the price comes in the upper green box. Lower green box is base. If price drops to there, I'll also look for confirmation.
Sorry for messy chart. Horizontal lines are related to 4H bearish and bullish order blocks. Daily Supply Zone and 4H Bearish OB give chance for short setup. If position closes successfully, i am going to explain clearly why i entered this setup at comments section. I hope it goes well :)
Time is running out. We will all die together or laugh together..
Even if it is too risky to take an action from now to decide short/long entries, i think diagonal trend line will work again. Lets see :)
We saw brakedown and retest of support zone. Considering bullishness of DXY, most probably we will test historical support which is blue lines.
With the H&S that the Euro -0.08% has formed against the strengthening dollar, there is a short possibility. Potential profit points can be seen through dotted brown lines.
It's a fine resistance to take an action by posing a small amount of risk. It is completely depending on price action analysis.
As you know, there is a liquidity zone just below the equal lows. Also, it might be a potential double top pattern for DJI. Be prepared to be rich if it brakes down the dotted line ;)
Nothing much to say. Waiting dotted line area to close my short position.
Actually i have short position from 420 which is starting point of C in my Bullish Bat Pattern. However, i took my position because of daily price action. As you can see A and C points are closing points of daily candle and it clearly says us to short it. I will close most of my position at 380 but short position can continue till reach 356. In a nutshell, i am...
If we consider peaks ( double top ) which indicated as blue curves, we are going to see red dotted line at the end because of pattern target. However, i think that we are more likely to see bullish bat pattern even if C point does not meet necessity of BullishBat Pattern (according to rules C point should between 0.382;0.886 fibs). In a nutshell, we can see...
This chart represents what i expect from BTC's movement. It should see ~$8300 area which is also expected target of rising wedge. So, after that strong bounce with cloud support will carry us to ~$10800 area. If this gonna happen, alts also give mini party for us :)
According to early election of Turkey, USD/TRY pair should be hanged to ~3.95 TL. Afterwards, I expected that we we might find itself ~3.8 TL area.