SHORT ATOM FOR QUICK PROFITATOM rejected from 44 $ strong resistance, now its highly bearish and aiming for lower levels to cool down for short term
Breakdown
USOIL - BEARS TAKE CHARGE!USOIL price has dropped from a strong resistance zone after completing the harmonic pattern parameters. So we are expecting bears will dominate and they can pull down the price towards 70.0 support area. Good Luck!
EURNZD - BEARS ACTIVATING THEMSELVES?EURNZD price has been rejected four times from the resistance zone. Now we are expecting the bears will attack and drag the price down again towards 1.6600 level. Good LUCK!
GBPUSD - BULLS LOSING THEIR MOMENTUM?GBPUSD bears show their dominance once again as the price hits the resistance zone, Price also tries to break the trendline support downward, If this happens then sell on strength will be a good strategy. We can expect the bears will drag the price towards the 1.330 level again. Good Luck!
BTC - NEXT TARGETIn this chart you can see my view on the short term move for BTC. In scenario 1 we retest the trendline and most likely bounce upwards towards the 0.382 fib level of 52289. In scenario 2 we do not have a breakdown but instead hold the 0.236 and have a little move up. Based on the RSI I would say that scenario 2 is more likely because it is already hugging the bottom of the zone. Let me know, what do you think? Scenario 1 or Scenario 2? Or do you have other ideas, I would like to know your perspective on this chart!
AUDCAD - NEW TARGET 📉1️⃣.trade carefully and have stop loss for sure
2️⃣.trade only when the market is clearly bullish or bearish
3️⃣.without discipline every strategy is useless
4️⃣.your best teacher is your last mistake
VISA_Break DownThe roof of the descending canal is broken.
It has penetrated into the cloud of Como but failed to break it.
It has not been able to stabilize above the Como cloud and the descending channel.
It looks like it will improve in the next month.
H&S in LIC Housing Finance. Looking at huge downside!NSE:LICHSGFIN has given a H&S breakdown in daily by giving a close 3% below neckline. If prices do not recover from here, we are looking at a huge downside of sub-200 levels. Keep an eye!
H&S in DIVISLAB. Keep an eye for potential downside.BSE:DIVISLAB has formed a H&S pattern. It broken down and did a pullback too. Now a red candle closing below the neckline (blue line) in daily could be a good shorting opportunity for a short term target of around 4000 and lower. Keep an eye!
Another H&S for the day. This time in SRTRANSFINNSE:SRTRANSFIN has formed a H&S pattern and right shoulder got completed today. Note that this does not necessarily mean that stock will start falling right away. Wait for 1-2 days and see the price action. Even when it breaks, expect a pullback. Keep and eye!
Bearish market structure (lower highs, lower lows) BTCHello all,
This technical analysis is similar to the last one I posted but just more detailed showing you what I'm seeing so you can visualize what I'm thinking.
Let's see what happens today (Monday, December 13th, 2021) and the rest of the week.
The rejection at $52,000 was exactly where we broke down below the uptrend that started July 2021, indicating it's a supply zone, and then we printed a lower high also after that confirming the previous sentiment.
Have a nice week, and stay safe.
Like/comment if you want more TA later this week.
👍
Bitcoin short setupHello guys welcome back.
I'm going short on BTC, Price testing 100EMA and I believe the whole movement is toward bottom (40k) I did write a complete analysis few days ago, check it out for a better understanding of what's going on.
everything explained on chart.
its not a financial advice, just a suggestion.
Good luck
don't forget to like and subscribe if you liked this idea.
GBPCAD Ascending Channel
I am liking this Ascending Channel I expect it to make its way toward support, Could break below and go to 2nd major support, Which would also be the bottom of the Channel.
The RSI is also signaling BEARISH DIVERGENCE. So we will keep an eye on that.
I am reposting a rough chart I posted earlier because it was blocked for the reason of breaking the rules of this website.
I put a link to my discord, which is not allowed.
So here is a picture of the orignal analysis. This one I just reposted is cleaner anyway. Lol
DONT MAKE A TRADE JUST BECAUSE A STRANGER ON THE INTERNET HAS A COMPELLING ANALYSIS> Make sure you do your own analysis
The picture below is my original analysis. :)
(BTC) from a technical analysis perspective (downtrend)Hello everyone, I hope you're all having a good weekend.
Here's my TA on the current market conditions.
1) downtrend
2) confirmed breakdown
3) bear flag
(Not financial advice, this is my journal)
Solana on verge on breaking down if EOD close below 184BINANCE:SOLUSD is trading in the ascending triangle consolidation which is bullish but it made a failed breakout attempt so far and now trading near lower trendline of the triangle. EOD close below 184 could provide strength to a bearish bias on the counter. Breakdown from that level could take it to a much lower levels (below 100 potentially). Having said that, no harm done yet. Keep an eye!
Watch out! MANA is forming a rising wedge (Bearish)BINANCE:MANAUSD is forming a rising wedge which typically has bearish implications. If it breaks down from here and gives a daily close below the lower channel line of the wedge then prices may potentially fall below 2. No harm done till the channel isn't broken on a closing basis. Keep an eye!
btcusd shortBitcoin has broken its uptrend. Currently, it is retesting its breakdown. It has tapped the first trendline and can go a bit higher to retest the top trendline, but has already hit an important 0.618 fib from the previous ath to swing low. Looking for a daily candle with a long upper shadow or strong rejection candle at close for confirmation to short.
XRP not looking good. Could fall significantlyBINANCE:XRPUSD has broken down from symmetrical triangle consolidation and could potentially fall as much as the height of consolidation structure. Keep an eye!
KOTAK MAHINDRA BANK BREAKDOWN SELL at or near 1932 with closing basis stop-loss of 1967 for target 1827 - 1800 .
EEM Possible BreakdownEEM is looking weak at the bottom of this range its been in for a few weeks, if market sell of continues we may see this break below 49/48.75 which is a clear break of the channel support. Next key level below 46.25, may see sell off to this level before prior bulls come in to defend.
LTCUSDT - AN EXPECTED PULLDOWN?LTCUSDT is facing a resistance area which also its trendline retest which broke before. Now 210-215 Zone could be a strong resistance to be broke, so we are expecting that price will drop towards 190 followed by 180. Good Luck!
BTCUSDT- BEARS ATTACK?BTCUSDT is facing a critical resistance zone and the price action suggested that bulls will not gonna make it this time again. So the best level is 56600 for bears, If bears succeed again we will see the 54000 followed by 52000 again. Good Luck!
Double top in M&MNSE:M_M is forming a classic double top in daily timeframe. It hasn't broken down yet when/if it does, it may pull the prices down to near 700 levels. Keep an eye!
