Bitcoin Short-Term Support & Resistance AnalysisPrices move because of supply and demand . When demand is greater than supply, prices rise. When supply is greater than demand, prices fall. Sometimes, prices will move sideways as both supply and demand are in equilibrium.
When support and resistance lines are broken, there is a high possibility of a significant uptrend in that direction. Be aware of the stop-loss area when trading on margin
ⓡ Resistance Line 28952$
ⓡ Resistance Line 28549$
ⓢ Support Line 28300$
ⓢ Support Line 27617$
ⓢ Support Line 27229$
The above price level represents an important tipping point, not an absolute analysis for buying and selling. You must be careful about your investment decisions.
Thank you for reading my poor analysi
Demand Zone
Bitcoin Short-Term Support & Resistance AnalysisPrices move because of supply and demand . When demand is greater than supply, prices rise. When supply is greater than demand, prices fall. Sometimes, prices will move sideways as both supply and demand are in equilibrium.
When support and resistance lines are broken, there is a high possibility of a significant uptrend in that direction. Be aware of the stop-loss area when trading on margin
ⓡ Resistance Line 28570$
ⓡ Resistance Line 28317$
ⓢ Support Line 27682$
ⓢ Support Line 27229$
ⓢ Support Line 26693$
The above price level represents an important tipping point, not an absolute analysis for buying and selling. You must be careful about your investment decisions.
Thank you for reading my poor analysi
Enough Confluence For A Long Position?My mentor, and I have a totally different bias on AU. I heard him out, and watched as he charted both sides. His main confluence was a bearish engulfing candlestick on the monthly chart. Pushing him toward "sells" only in the month of April. While that can be intimidating, on the technical side, along with his other confluences, I see potential continuation of an uptrend ; due to Australia raising interest rates! , I decided to soak in his bias, and counter his bias, with my own. Knowing fundamental analysis is usually the total opposite I decided to share why AU may go up, While the USD is strengthening, the Australian Dollar may go "Long" going into Monday.
WTI-Oil 2nd April Wti-Oil is another pretty simple setup with a continuous bullish movement up to the nearest supply, we may see a breakdown from that zone but of course if we don't see a breakdown we will look towards the new bullish range that would of been created to make another move higher...
from open iam looking for price to drop down giving us a reason for a shift higher after a small breakdown.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
Bitcoin Short-Term Support & Resistance AnalysisPrices move because of supply and demand . When demand is greater than supply, prices rise. When supply is greater than demand, prices fall. Sometimes, prices will move sideways as both supply and demand are in equilibrium.
When support and resistance lines are broken, there is a high possibility of a significant uptrend in that direction. Be aware of the stop-loss area when trading on margin
ⓡ Resistance Line 28567$
ⓢ Support Line 28319$
ⓢ Support Line 27561$
ⓢ Support Line 27229$
ⓢ Support Line 26894$
The above price level represents an important tipping point, not an absolute analysis for buying and selling. You must be careful about your investment decisions.
Thank you for reading my poor analysi
GBPJPY Push into Supply: Short 16:1 RRGJ has shown consistent weakness at this level. A promising sell initiative through the Asian open points to a push lower. I’m expecting a retest of 163.746 into a push lower to test local demand at 161.700. This trade is contingent on yesterdays intraday trend being broken.
Bitcoin Short-Term Support & Resistance AnalysisPrices move because of supply and demand . When demand is greater than supply, prices rise. When supply is greater than demand, prices fall. Sometimes, prices will move sideways as both supply and demand are in equilibrium.
When support and resistance lines are broken, there is a high possibility of a significant uptrend in that direction. Be aware of the stop-loss area when trading on margin
ⓡ Resistance Line 28829$
ⓡ Resistance Line 28440$
ⓢ Support Line 27723$
ⓢ Support Line 27045$
ⓢ Support Line 26540$
The above price level represents an important tipping point, not an absolute analysis for buying and selling. You must be careful about your investment decisions.
Thank you for reading my poor analysis.
GBPUSD 26TH marchLet's take a look at the British pound to the US dollar pair following our DXY analysis. Our short-term outlook is bullish, with a potential push towards one of the areas of supply above, before an overall bearish move to the downside. We anticipate short moves overall for this pair this week, as we have already broken through some key structures in our last move, suggesting significant downward momentum.
As always, we'll be closely monitoring market openings and adjusting our strategy accordingly. The areas of supply above look particularly attractive for potential sales, as there is clear imbalance and momentum coming from the downside. Additionally, we have a major swing low that has yet to be tested, as well as a major swing high, creating opportunities for trades between these areas.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!"
stock rfx
Revise - following our dxy analysis, this is the British pound to the US dollar. We are looking for this to have a short term bullish push into one of the areas of supply above, which will lead us into an overall bearish move to the downside. We will be looking for overall short moves this week on this pair. We did take out some structures inside of our last move indicating to us that we could see significant pushes lower for this week. As always, we will monitor this as the market opens. And adjust accordingly to what we see, the areas of supply above look very. Good for sales, we have clear imbalance and momentum coming from the downside. We also have a major swing low that has not been tested yet as well as our major swing high there has not been tested, so will be looking for trade opportunities in between these areas.
"Let's take a look at the British pound to the US dollar pair following our DXY analysis. Our short-term outlook is bullish, with a potential push towards one of the areas of supply above, before an overall bearish move to the downside. We anticipate short moves overall for this pair this week, as we have already broken through some key structures in our last move, suggesting significant downward momentum.
As always, we'll be closely monitoring market openings and adjusting our strategy accordingly. The areas of supply above look particularly attractive for potential sales, as there is clear imbalance and momentum coming from the downside. Additionally, we have a major swing low that has yet to be tested, as well as a major swing high, creating opportunities for trades between these areas.
OKB - Wait For The Bulls ⏱Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on DAILY: Left Chart
OKB is overall bullish , and now retesting a strong support zone , so we will be looking for buy setups on lower timeframes.
on H4: Right Chart
The bulls took over by breaking above the last green high, and now we are in a correction phase.
🏹 Trigger => for the bulls to take over again, to start the next impulse, we need a new high to form and then a break above it. (projection in purple)
Meanwhile, until the buy is activated, OKB can still trade lower till the 37.0 support.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
AUDJPY - Over-Sold Zone ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
AUDJPY has been overall bearish trading inside the falling orange channel, however it is currently approaching the lower orange trendline. So we will be looking for buy setups.
Moreover, the green zone is a strong support and demand.
🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support and lower orange trendline. (acting as non-horizontal support)
As per my trading style:
As AUDJPY approaches the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin is heading to 26k +50%hello traders
Inflation results were very positive and fell at a reasonable rate, at the same time US bonds began to suffer.
The markets are expected to recover slightly, specifically the crypto market
This is consistent with the technical analysis of Bitcoin. We have wave A and wave B is about to end. The price has reached a strong buying area, so we expect that wave C will start from this area.
SQQQ I Approaching demand zone Welcome back! Let me know your thoughts in the comments!
** SQQQ Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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