WARNING! ETH a lot of energy in the 4H intervalHello everyone, let's take a look at the 4H ETH to USDT chart. As you can see, price is moving above the local uptrend line.
Let's start with the line of support and as you can see the first support where the price is currently at is $ 2914, if the support breaks down, the next is $ 2829 and $ 2747.
Now let's move from the resistance line as you can see the first resistance is $ 3153, if you can break it the next resistance will be $ 3313 and $ 3452.
Looking at the CHOP indicator, we can see that in the 4-hour interval we have a lot of energy for the next move, it is worth paying attention to the MACD indicator which shows that we are returning to the uptrend.
4hourchart
BTC rising channel on 4 hourly timeframe.We are in rising channel on the weekly and 4 hourly timeframe.
BTC is now above resistance line from 39.3k and 40.6k is interesting to see if we can turn it to support now.
RSI is overbought so it is most likely to retest resistance and turn it in to support.
What do you think about my opinion?
If you like my ideas please follow me and like the post, i am new to Treadingview but i have 6 years expirience in trading.
BTC TO THE MOON!
BTC Perfect retest of the rising wadge and down we go!I said yesterday in my post that we my go down to retest the bottom of the channel on the weekly timeframe which is going to be 33k.
Now i just opened small short position on BTC because of the retest of the rising wadge on the 4 hourly timeframe. My profit taking area is around 34k.
Dont be manipulited by this small pumps and trade smart.
Dont get me wrong i am bullish on the weekly and i think that 33k is the bottom but we need to retest the bottom again.
Much love to all traders.
What do you think about my opinion?
If you like my ideas please follow me and like the post, i am new to Treadingview but i have 6 years expirience in trading.
BTC TO THE MOON!
A speculative inv h&s prediction for the 4hr xrpusd chartWe can see here that on the 4hr chart XRP is about to have a 4hr golden cross. I’m speculating here that price action will dump back down to retest the 50ma(in orange) and/or the 200ma(in blue) as support while simultaneously creating a right shoulder for this potential inverse head and shoulders the candles appear to be trying to paint. Normally I wouldn’t presume an inverse h&s prematurely like this but even though I’m speculating this to be a probable outcome, as always I won’t actually act on it trade wise until I have confirmation that it is actually going to validate the pattern and confirm a breakout from it. If we do confirm a breakout though the measured move target would be around $1.40. If we were to reach that target it would likely create a domino effect that after some corrections and retest allowed us to trigger some much larger pattern breakouts as well leading to higher and higher breakout targets. I feel like 2022 could really be XRP’s year so it would definitely make sense if it did. *not financial advice*
EURCAD Channeling Energy For Further Upside MovementOANDA:EURCAD
01122021 2229 + - SGT
Just realised I can't post images, yet.
Hello World!
This is my first time publishing my thoughts on TradingView. Please be kind :)
I entered TradingView and was scanning the chart and I saw that price has made Over Sold at the Stochastics. I then drew the Trend Line connecting the two low points, cloned the Trend Line, and placed it on the upper bound of the current price action. Voila! Found the Upwards Channel.
The price action is still evolving and I do expect all possible kinds of movement that could occur that would null this Upside Channel, and if that is so, we have to look elsewhere.
In the meantime, I am expecting price to hit the upper bound of the channel and fall back around the area where I marked using the RR tool. I am looking for a 2 to 1 RR.
The thin Horizontal line above the channel is an area of resistance that I marked out when I was checking for the overall trend on the 4H Time Frame.
I will update this post in the days to come.
Have Fun. :)
Enjin coin head and shoulders pattern , Cryptocurrency.This in my TA for Enjin coin , I think that Enjin coin is going to carry on through with its head and shoulders pattern forming and hit its recent support level at 2.620$ and go no further.
Please leave your opinions down below and make sure to give feedback , thank you.
BTCUSDT 4 HOUR CHART ANALYSISBTC is forming a falling wedge reversal pattern and will make a big pump.
It may go down and may touch the 53200 level and then make a big jump but it may also take a jump from the current position. But overall its a bullish sign and we will expect a big pump
Of BTC coming
BTC 4HR EntryWhat Im Looking for:
Based on the 4hr time frame, with patience im gonna wait for the 4hr Buy signal (green circle) and Sommi Bullish Diamond (Yellow Diamond). Keep an eye on the SSL EMA indicator. patiently I will LONG right before it crosses back in to price-change bullish confirmation.
Based on Previous Signals:
Back on November 6 @11:00 am Eastern Time. on the 4 hr time frame the signal played out nicely, Im going to wait for a similar setup.
Spider Line:
...Buy
The next Spiderline support is @ 58100 area, it would be great to get some BTC at that lvl .
...Sell
71000 is my target if I manage to get a few positions in in the next couple of days.
AUDUSDI've taken a trade on AUDUSD on the 4H TF, let's see if it holds till end of the week( as I've missed out my trade last month for a short trade within the channel). Market seems to be moving in an uptrend and its in a channel.
Leave a comment down below if there's any discussion about this pair.
4H $SOLANA $SOL#SOL/USDT #LONG
BUY : 147$-154$
TAKE PROFIT :
TARGET 1 : 159$
TARGET 2 : 161$
TARGET 3 : 164$
TARGET 4 : 168$
TARGET 5 : 174$
TARGET 6 : 176$
TARGET 7 : 180$
BUY IN PARTS & HOLD
But it is related to the bitcoin trend
This is just a simple analysis based on Fibonacci and please do not consider it as a financial recommendation