TOTAL2 - ACTION WEN?! HOPIUM TRAP? Time is running out, update on my last analysis on TOTAL2.
OTHERS almost reached 320B MCAP.
Rejection wen?
Fakeout
TOTAL2 HOPIUM BEAR TRAP? or TOTAL2 DOWNBREAK FAKE-OUT?Very important action going on. TOTAL 2 relief bounce carried by OTHERS?
Small fomo coming back into the markets?
TOTAL2 rejection from here OTHERS dump at 320B?
Breakout or fakeout incoming?We've struggled BIG to turn this trendline into a support since late 2021.
Breaking out this trendline could attract some looks certainly.
If that that happened while we see some more significant volume then it could turn into the beginning of something.
In my opinion trend reversal won't happen when everybody is getting bullish.
Trend reversal is most likely to happen when all hope is gone.
When 99.999% bulls have turned bears and many of them have dumped their holdings expecting the worst.
And that's why I'm struggling to see a potential breakout from this trendline yet.
I can even see the next red candle dumping after rejection, or even a fakeout from 43K with potential downside to below 40K.
If that happens I might turn more bullish.
Hidden Bull Flag Formation!Hey traders!
As you can see on the Daily Candles of the Total Cryptocurrency Marketcap chart, we began with a Bull Flag pattern that started during summer, I believe this is somewhat of a fractal we are experiencing now. What happened during this downtrend is that we got two touches to the upper resistance line and two touches to the lower support line. During this period we also had a fakeout which also happened in the current one (Labeled "Fakeout"). Now that being said, it seems as if the break out of the downtrend will occur during late January or very early February. However, what is key is that we don't break the support line as shown. Based on all this, early February is something you want to watch very closely.
Safe trading,
-Pulkanator
EUR/USD probably a fakeout!Hey tradomaniacs,
"Asia's share markets turned negative on Tuesday as two-year U.S. Treasury yields topped 1% for the first time in almost two years with investors weighing the risks of a Fed policy rate rise as soon as March."
Read more 👉 www.investing.com
This is the reason why I`m concerned about the US-DOLLAR-drop from last week and have the suspicion that we are going to see fakeouts. Do you remember the post about rising yields but the falling US-Dollar and that one of these charts is lying? If we see a continuation of higher yields we can expect US-Dollar to make a huge turn.
Also keep in mind that the entire rally during the corona-pandemic was based on the liquidity that has been provided to the market and that we could see more risk-off if the economy continues to cool down / stagnate while the FED is forced to fight inflation.
Here are some charts just with key-levels:
1️⃣ AUD/USD 👉
2️⃣ GBP/USD 👉
3️⃣ EUR/USD 👉
I will patiently wait because fakeouts can cause huge momentum to the downside here as soon as finished!
Same 1INCH cycle as last time! LOOK ! ! ! 🧐😱😱 Hello everyone,
At the same time as Bitcoin and Ethereum delete investors by jumping up and down. 1inch performs its previous moves with 100% efficiency.
After counting a sharp decline, it drew:
- #1 bottom
- correction
- double top
- fakeout
- #1 bottom
As since the last bearish market on May 23.
Do we have a chance for growth now? If the cyclicality continues in line with the last time, the answer is yes
Price soared by 362% in recent gains
If it goes that %high in the future, I'm aiming to retest the highest points (where I will be exiting some of the profits) and aiming further at FIB 1,618 that is $ 11.1 for coin
Comment and like,
greetings
NZD/USD FAKEOUT?Hey tradomaniacs,
looks like NZD/USD is forming and soon confirming a fakeout here.
As soon as price closes below after a re-test we can consider to go short here!
If not, yeah looks for longs! =)
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
how can we trade with channels?best way to trade channels is to wait for engaging price with the lines it can be trend line or channel line when it hits the lines and returns that's the best time to jump in position and make the trade
p.s (number 4 was on of the good trades
CRV DIAMOND PATTERNCRV broke to the upside of the Diamond Pattern.
Was it a fake out?
I will leave that decision to you as I am not a fortune teller :-)
There is normally a 69% chance of a retracement.
NFA.
EURAUD - LongFX:EURAUD
This is one I am keeping a close eye on for big swing longs. We have broken this ascending trend line but the overall trend still stands! Daily showing nice wick rejections so watching for potential breakouts to the upside to confirm.
AVAX Updated Idea, No Volume ConfirmationAVAX broke my previous trendline, but volume is continuing to decrease so we have to reassess the pattern and adjust the upper resistance trendline.
We always look for volume confirmation when looking to enter a breakout.
You always need to be open to adjusting your ideas.
BTC FAKE OUT+ MOONIn 17 Juli bitcoin had a fakeout from a flag pattern when it had a big dump down. Now, litterly the same scenario. I think it will retest around 41K an shoot up. We coud get hold up at 47K and retest the suport at 41K and go for the moon.
$AMZN a total fake out AMZN looked great in pre-market but this is a clear idea of a fake breakout, aka fakeout.
Shorting Sardines' TRAP Gartley PatternHi traders. Shorting this sardines trap for a TP1 ar 47700. Thanks. Have a great Day trading.☕
SHORTING GBP/JPYGJ has just broken below previous support / demand zone from which we are currently watching a retest. If we get some nice selling pressure we are looking to place a sell on GBPJPY.
A word of warning, we can expect price to 'fake-out' above this zone all the way back up to our supply zone (yellow box) or even to the 61.8 Fib level before we see a continuation to out TP zone.
Entry: Wait for a bearish candle pattern formation or wick rejections at either resistance or 61.8 Fib level. We ideally want a doji / shooting star or a bearish engulfing for confirmation.
✅EUR_GBP BULLISH BIAS|LONG🚀
✅EUR_GBP is again trading above the falling support
With the fakeout on the daily
And the pair is trading above the level again
Which makes me expect bullish continuation
LONG🚀
✅Like and subscribe to never miss a new idea!✅
ALGO maintaining in bullish channel ALGO moving steady in middle trend line, charted from the monthly... price target $2.02
Potential Crab Forming 🦀GER30 - Potential Daily Crab Forming, nice .886 tap on the Daily Pullback.
Price has reacted the same on London open for the past 2 days I'm expecting a small fakeout of the LTF momentum line but then price to drop and continue to break the lows. (Price is currently sitting at the weekly BOS)
Let me know your thoughts!
** Disclaimer ***
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only
XAUUSD "Gold" Watch out!! the description is not going too long because I already explained it on the chart.
Price always needs liquidity to move so what the banks are doing is making fake trendlines that will hold or that it will make a pullback to but in this case, it looks too good to be true so stay woke and watch out
for the crybabies, I can be wrong so keep that in mind but if you use risk management then its worth looking at
NAsdaq go 78,6 than pullbackHello, my idea is Nasdaq will test 78,6 fibo than we will se a pullback to strong support level. Touching 78,6 can be see as a fakeout with lower high on RSI so after this this price will fall. Lets see if im right or not. Remember this is only idea i can be wrong.
DENT LTF CHART FRACTAL (UPDATE ITS A BEAR TRAP?)I still think we break to the upside and this move is just to shakeout weak hands. Asimilar trade i took mid august on alice and I was weak with my resolve, lost a lot of money and watched it v back up to my target. Don't sell unless its invalidated. Link below to the original chart.
Consider a Donation:
BTC: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20)
159F3K5sZYnAQC4qt929jkkXKfSgNmukbq ( BTC )
ETH: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20)
0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (ERC20)
LTC: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20)
LdH9QfYsPYcjm5hAXfDQrS9Pmmr9QHu8Py (LTC)
USDT: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20)
0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (ERC20)
TH6nuZUjRakTV7bA25Uk8AVZe5pLSSxMix (TRC20)
bnb136ns6lfw4zs5hg4n85vdthaad7hq5m4gtkgf23 (BEP2) -> MEMO: 106029441
I honestly appreciate all donations. Im really down bad. My first year and lost 90% of my capital. starting balance was $1000. learnt about leverage a month ago and got greedy with it. was going to use litecoin to make it all back but price didnt meet my entry now im stranded. The learning process has been gruesome but I've learnt the hard way. just need to figure out how to tell my mom i lost all her money. Panicking, dont normally do stuff like this but i dont know anyone so i resort to this. THANK YOU IN ADVANCE. Worth a shot.😥
BTC/USD ABC Correction in PlayLikely BTC/USD ABC correction in play.
Notice the confluence of extensions and key levels. If compared to the 4 hour downtrend line (in white), a bounce to 56k would still make a daily downtrend valid.
Meanwhile the recent bounce off of $47.1K could be a potential support but the more likely scenario is a bear flag and an ABC dead cat bounce.
Zooming out to the weekly we see fractal patterns resembling a bear flag with further downside in play. Volume candles on the recent capitulation dump prove notable but not convincing. The recent break below the orange trend line shows a potential bull trap fake out last week followed by a Friday night massacre on the markets.
Useful is a comparison the the ETH/USD and ETH/BTC charts when compared with ETH.D dominance which recently peaked at 22%.
Technical Analysis GBPUSD FAKEOUT/SPIKE Trade.Looking at the GBPUSD monthly rejection point also known as support and resistance lines or memory. GBPUSD was currently on a weekly low and moved very rapidly to the south with a strong rejection at 1.32551. This could signify a change in trend or a continuation of previous support or resistance pattern, I'm risking 20 pips on this trade with a 2/1 R/R. 2% Per Trade. Remember this analysis is for educational purposes only and If you want to know how I draw my support and resistance lines. Just send me a message.
