Listen very carefully there are big 3 obstacles of resistance that solana needs to break. 40$ zone 80$ zone and lastly 100$ area. I. Order to get that high then bulls should need to go sideways upwards and short dip retrace. It won’t be easy because of the Feds still increasing rates and inflation still high. It’s pretty spikey so I highly suggest buy it now...
13-11$ bottom support had been holding really strong and well. If this stays holds well strong then we are going up to the moon.. and stays intact, first target will be 80$ then bullish fully breakout over 100$ then the huge bull market rally will begin. 2023-2024 bullish ATH rally target will be 500$ and beyond.. beyond as in 1000$ if it’s before 2025 or mid...
I make most of mistakes when my bias is too bullish or bearish and I miss opportunities on the other side of the trade. I find it useful to take a step back, clear off my indicators, channels and patterns and look at where we are in the markets with a fresh unbiased opinion. You'll often find me posting about being bearish while charting bullish patterns and...
interesting point here--- the cap or volume is at 25 billion does that mean a bullish movement is about to take place has the market found a cushion or pillow to rest on---and were going towards an upward trend----because you know we had a downturn the last 9 months can bulls and bears manage to work together to a new high--- or will bulls fail. is the bear...
Hello !! Welcome to the quick update of BTCUSDT. It is moving in a downtrend since 28th March. As of now, it is oscillating in the range of 39k to 43k. In a shorter timeframe, it is making a W pattern where we may soon see a bounce to 41k. As of now, the price is 39300, and we expect it to take a bounce from here and reach 41000 then 43000 which is the major...
Hello !! Welcome to the quick update of BTCUSDT. As posted in my last chart, BTC was taking major support from 39200 again and again and was making a move until 40000. But, the move didn't sustain and there were very less buyers at the 39300 level. After taking multiple support from 39300, it eventually broke it and went all the way until 38620. As of now, the...
Hello all, After calling the Top in Bitcoin & the most recent fall at 47K we introduce you to our next trade setup. We will update as the price action continues. -------------------------------------- Long-Play: A candle break and close above the falling wedge resistance we will then place a long position targeting the 52K region and beyond. Be cautious of a...
This chart is a general overview of the SPX for the past year, broken into quarters with a few croissant crumbs in it. Either bull or bear should respect the 20d MA and 2 standard deviation channel above and below. It is to help me measure risk and how well my trades will perform. If I’m buying short-term calls outside the blue line after DEC 28th, it's probably...
Just for fun, but the title is no joke. Beras fighting a losing battle.
Bitcoin falling wedge still playing out on descending volume.. A push above the upper trend line with volume would be the first bullish signal I would like to see!
DJI aka Dow Jones Index has been sliding south for the last 7 days, but considering that it has been going up for last few months it is not surprising to see this kind of pullback. Now the issue becomes, will this index keep having losses till it collapses to the abyss or this magic line is going to save the trend and push the bulls up to the moon as they say?...
Do they close they as a trap for bears? or they close the eye as a warning to bulls?
DISCLAIMER : Take at your own risk . Past results does not reflect future results. Please use PROPER MONEY MANAGEMENT. IF IN DOUBT, GET OUT. OANDA:XAUUSD Analysis: Daily TF: Daily Trend is an UPTREND and is above 50 MA. Previous Day Candle is Spinning Top, Market is in tug of war, no clear indication of where it will go. Daily Fib indicates that it hit...
If bulls starts to play, this could achieve an objective price around 1.43 in next weeks. Indicators can be useful to understand the movement: RSI14: 50.21 RSI21: 45.79 %B: 0.3656 VOL is also low EMA 20 is getting closer to EMA25, but not enough. Both low with a good chance to go up. This is not an investment advice of any type.
All have been said in the previous posts. The most crucial area is the Magenta Elipse that I called the Big Baller Trade Area where the Bulls or the Bears will lost their Shit! It's just between the 0.5 and 0.382 Fib Retracement of the last uptrend. From that Big Baller Area, both targets of Macro Higher High or Macro Lower Low can be seen. Are you going to...
Technicals: Price has made a strong push to the upside and is currently retesting the zone it's pushed through recently. This in my opinion is an exhaustion. Price is just waiting for a re-injection of BUY pressure before heading to the upside.
These are some of the variations that bitcoin may choose to follow. So far it has chosen the most bullish path. There are 2-3 additional targets for wave 3: 1. x3.62 *Wave 1: 7250-7450 2. x4.25 *Wave 1: 8000 (also a psychological resistance) 3. x4.62 *Wave 1: 8350-8450 Since the intermediate wave 5 is maximally extended to 2.62, this means that most likely the...