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Bearishtrend

ILVUSDT | False Breakout🚀 ILVUSDT is presenting a fascinating setup! We just witnessed another false breakout on the 4H timeframe, backed by some solid volume. Daily Chart On the daily chart, we’re still in a downtrend. This suggests a potential move down before any significant upward shift. Weekly Chart The weekly chart shows a top wick followed by a bearish candle, signaling a likely move down in the near term. Trade Setup I'm setting my order at the previous 4H high and waiting for the action. This trade could play out dramatically, so stay tuned for what promises to be an exciting journey!
Short
by minno91
2
Polkadot (DOT) Daily Chart AnalysisCurrent Situation: A detailed examination of Polkadot’s (DOT) daily chart reveals a bearish sentiment. The price faced rejection after a period of sideways movement around the critical $7.5 resistance level and the significant 200-day moving average. Bearish Indicators: Resistance Rejection: The price was rejected at the $7.5 resistance level, reinforced by the 200-day moving average. Seller Dominance: Sellers are currently dominating the market, suggesting a bearish retracement towards the $6.5 threshold is increasingly likely. Key Support and Resistance Levels: Resistance Level: $7.5 Support Level: $6.5 Market Context: Despite the bearish sentiment, Polkadot remains confined within a decisive range marked by the $7.5 resistance and $6.5 support. A breakout from this range will likely establish the direction for a sustained trend. Trade Strategy: For Bears: Watch for a break below the $6.5 support level for potential short opportunities, targeting lower levels. For Bulls: A break above the $7.5 resistance could signal bullish momentum, providing opportunities for long trades. Stay vigilant for a decisive breakout from this range to gauge the next sustained trend direction for Polkadot. #Crypto #Polkadot #DOT #MarketAnalysis #SupportAndResistance #BearishTrend #200DMA #TradingStrategy #Cryptocurrency #Blockchain
Long
by Richtv_official
Premium Gold idea for this upcoming week $$$Based on historical trends and current market conditions, XAU/USD is likely to be bearish for day trading with a starting price of 2414.44. Traders should monitor real-time market dynamics and economic data releases for potential price movements throughout the upcoming week. Entry: 2414.44 SL: 2422.72 Target 1: 2370.95 target 2: 2332.10 #Xauusd #bearishtrend #daytrading #marketanalysis #financialmarkets #priceprediction #economicdata #realtimemarketdynamics Like share comment and click the follow button for more
OANDA:XAUUSD
by TradeGod003
4
GOLD FORECASTGOLD FORECAST The current analysis indicates a bearish trend for gold, as long as it remains below the 2325 threshold. At present, the price seems primed for consolidation between 2327 and 2302 before any breakout occurs. The prevailing bearish pressure suggests that if trading persists below 2325, a decline to 2304 is likely. Although there might be temporary fluctuations, with a potential retracement to 2315 before further movement, the scenario changes if a 4-hour candle closes under 2304, possibly leading to levels at 2295 and 2282. Key Levels: Pivot Line: 2315 Resistance Levels: 2325, 2344 Support Levels: 2304, 2283 Today's expected trading range is expected to span between the support level at 2283 and the resistance level at 2325.
OANDA:XAUUSDShort
by RojBarwari
CHFJPY: Uptrend Faces Risks - Short Opportunity on the Horizon📈 Overview: CHFJPY's uptrend encounters challenges with a flat top, bearish RSI divergence, and a bearish market sentiment above 90%. The neckline break signals a potential shift. 📊 Technical Analysis: Flat top, RSI divergence, and neckline break indicate a possible reversal in CHFJPY's upward momentum. 📉 Trade Strategy: Traders may consider a short position near the 0.236 Fibonacci level, aligning with the technical signals and bearish sentiment. 🛑 Risk Management: Implementing stop-loss orders is crucial to manage risks during potential market reversals. 📉 Conclusion: CHFJPY presents a short opportunity as technical signals and market sentiment point towards a potential downturn. Exercise caution and employ risk management strategies.
Short
by miansarimhameed
GBPNZD: Instant Entry on Strong Bearish Trend with DOW Theory📉 Overview: GBPNZD is currently in a robust bearish trend, offering traders an immediate entry opportunity. Our analysis, grounded in DOW Theory, underscores the strength of the downward movement. 📊 Technical Analysis: DOW Theory principles highlight a consistent pattern of lower lows and lower highs, affirming the prevailing bearish trajectory. 📈 RSI Confirmation: RSI shows no bullish divergence, reinforcing the sustainability of the bearish trend. 🎯 Trade Strategy: Proposing an instant entry aligned with the bearish trend, traders can set predefined targets for potential profits. 🛑 Risk Management: Implementing strategic stop-loss orders is crucial to manage risks and safeguard capital. 📉 Conclusion: GBPNZD presents a compelling opportunity for traders to capitalize on the strong bearish trend. Confidence is derived from the synergy of DOW Theory and RSI analysis. Caution, risk management, and close monitoring are advised.
Short
by miansarimhameed
XAUUSD_13 Oct 2023_Several Reasons to Seek a Sales PositionThis analysis uses daily timeframe , and here are some reasons to support seeking a sales position: 1. Currently XAUUSD in bearish position 2. The price in bearish resistance 3. The price also in fibonacci retracement area 78.6 4. The price has the potential to develop a pattern AB=CD So, we can wait to seek a sale position like waiting for bearish candlestick pattern. Notes: This is not a recomendation to buy or sale, this is my own analysis. So, all all responsibility is yours. Thank you.
OANDA:XAUUSDShort
by moca_nomic
The Impact of Economic Factors on the Stock MarketHi there! So, I heard that the economy is in a bit of a rough patch because the FED is raising rates, there's some quantitively tightening happening, and there's a potential recession on the horizon due to a supply shock from the Russia-Ukraine war and China's pandemic restrictions. It looks like we might be heading into a recession, which is sooo not good news. The stock market will definitely be feeling the effects if the index falls below its moving average of 200 days. It's not looking great, I have to say. But don't worry, there are still ways to protect your investments. Some technical indicators you might want to keep an eye on include the relative strength index (RSI), the moving average convergence divergence (MACD) indicator, and the Bollinger bands. These can help you evaluate the strength of the current trend and potentially identify opportunities to buy or sell. Also, outside the SPX index there are still ways to further protect your investments. For example, you might want to consider reducing your exposure to risky assets and increasing your holdings of safe-haven assets like government bonds. Just remember to stay positive and keep an eye on the market!
SP:SPX
by jhnes95
LINKUSDT map for a potential downtrendThat's my ultimate speculative map for a potential downtrend anatomy for LINKUSDT. We have a reversal Head and Shoulders top in formation, which a pullback to neckline can occurs in a retest of broken dynamic trendline. If the price remains bearish, a test of the volume point of control POC can be expected. Then a potential downtrend in a parallel channel formation can be expected w/ lower highs retesting the dynamic trendline / resistance. The final target is the D point from prior Butterfly pattern.
Short
by firmestudio