Smooth lower low and lower highs with the Ethereum graph. It has a good support at 2326.15 so we can make it as our target position.
Eth is following a smooth lower high and lower low graph and is also respecting the Fibonacci levels. Also, it has respected resistance and support zone as well. So doing short here can give good profits.
After buying of Twitter, tesla stocks is following a smooth downtrend and its supposed to follow the similar trend so doing short will work here.
Applying head n shoulder method, it indicates that Bitcoin will further decrease its value as compare to US dollar so doing short right after trend break would give good profit.
BTC is moving in the smooth bullish trend without breaking the parallel channel. If it breaks the resistance at 42647.71 then it can go way higher. So doing long would be a good idea here.
As bearish factors dominate the bullish factor, the best bet would be going for a short position to achieve given target positions
It has strong indicators for going in a bullish direction so targeting long position will help achieve the profits
Strong factors in the favour of a bearish trend so doing short should be a good option here.
Though the bearish trend is broken yet but there is a strong confluence of support zone and Fibonacci retracement. Also, Klinger Divergence shows a bullish trend. So if we wait for 1 green candle above 1.24270, there is a good chance it can achieve the target positions
It seems like the graph has been in a non-trending market as it has stopped applying higher highs and higher lows for a bullish trend. It has a resistance at 161.97 and support line at 159.070 and Fibonacci retracement at 0.382 so Short selling should work here.
It's playing within the resistance and support lines so should play short for the target position
The trade analysis is between euro and Canadian Dollar chart. After broader analysis, it seems to be a bearish trend and it will follow the same trend.
NVDIA chart shows a bearish trend. It will follow the following trend until broke.