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Fundamentalstrategy

Will BNB break the $ 456 barrier?Hello everyone, let's take a look at the BNB to USDT chart within 1 day. As you can see, price is moving above the local uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 424, if the support breaks down, the next one is $ 404 and $ 388. Now let's move from the resistance line, as you can see, the first resistance is $ 456, if you manage to break it, the next resistance will be $ 497 and another one at the so-called fibretracement gold point of $ 538 = FIB 0.618. Looking at the CHOP indicator, we can see that in the 1D interval the energy slowly begins to gain strength.
by cryptodailyuk
BTC fights resistance at $ 46,713Hello everyone, let's take a look at the BTC to USDT chart over the 1 day timeframe. As you can see, price is moving above the local uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 44,617, if the support breaks down, the next one is $ 42,360 and $ 40 ,570. Now let's move on from the resistance line as you can see the first resistance is $ 46713, if you can break it the next resistance will be $ 50904 and $ 55176. Looking at the CHOP indicator , we can see that the energy has been used up in the 1-day interval and is only just starting to slowly increase.
by cryptodailyuk
$SPY looking bearish or bear trap?$SPY closes on red last Friday after bullish run for the past 10 plus days. this pull back is expected to happened. in my technical opinion $SPY could possibly continues to pulls back on Monday but the key that I'm looking for is 445-441.11 anything below that price will be bearish move. if you're feeling bullish, SPY needs to break the 462.28 resistance for bullish continuation. at this moment, the news has been the same lately about geopolitical and domestic policies. other than that stand by for possible big news. Day trade or scalp target play: 04/04 /22 Buy call above 456.20 sell at above 458.80 Buy puts below 448.83 sell at 445.80 or below Hello everyone, welcome to this free technical analysis . ( mostly momentum play ) I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities for day trades or scalp play. If you have any questions or suggestions which stock I should analyze, please leave a comment below. If you enjoyed this analysis, I would definitely appreciate it, if you smash that LIKE button and maybe consider following my channel. Thank you for stopping by and stay tune for more. My technical analysis is not to be regarded as investment advice. but for general informational proposes only.
AMEX:SPYShort
by CHRIS_B58
3
The 1INCH rebounded from the resistance at $ 2.09.Hello everyone, let's take a look at the 1D 1INCH to USDT chart. As you can see, price is moving above the local uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 1.89, if the support breaks down, the next one is $ 1.75 and $ 1.65. Now let's move from the resistance line, as you can see, the first resistance is $ 2.09, on which the price has already rebounded, if you manage to break it, the next resistance will be $ 2.30, the next one is $ 2.60 and the next one will be around $ 2.99. Looking at the CHOP indicator, we can see that most of the energy in the 1D interval has been used up.
by cryptodailyuk
The ETH takes up the fight against the first resistanceHello everyone, let's take a look at the 1D ETH to USDT Chart. As you can see, price is moving above the local uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 3204, if the support breaks down, the next one is $ 3003 and $ 2846. Now let's move from the resistance line, as you can see, the first resistance is $ 3396 which the ETH is currently struggling with, if it can be broken, the next resistance will be $ 3732 and another $ 4,157. Looking at the CHOP indicator, we can see that the energy has been used up in a 1-day interval and is only just starting to slowly increase.
by cryptodailyuk
BTC continues to fight the resistanceHello everyone, let's take a look at the BTC to USDT chart over the 1 day timeframe. As you can see, price is moving above the local uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 44,617, if the support breaks down, the next one is $ 42,360 and $ 40,507. Now let's move on from the resistance line as you can see the first resistance is $ 46713, if you can break it the next resistance will be $ 50904 and $ 55176. Looking at the CHOP indicator, we can see that the energy has been used up in the 1-day interval and is only just starting to slowly increase.
by cryptodailyuk
UNI is climbing the local uptrend lineHello everyone, let's take a look at the UNI to USDT chart over the 4 hour timeframe. As you can see, price is moving above the local uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 11.32, if the support breaks down, another one is $ 10.59, then we have a support zone from $ 9.60 to $ 8.38. Now let's move from the resistance line, as you can see the first resistance is $ 12.28, if you can break it the next resistance will be $ 13.82 and $ 12.28. Looking at the CHOP indicator, we can see that in a 4-hour period, despite the last move, we still have some energy in the near future.
by cryptodailyuk
The FTM continues the local upward trendHello everyone, let's take a look at the FTM to USDT chart over the 4 hour timeframe. As you can see, price is moving above the local uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 1.45, if the support breaks down, the next one is $ 1.37 and $ 1.31. Now let's move from the resistance line, as you can see the first resistance is $ 1.68, if you can break it the next resistance will be $ 1.86 and $ 2.08. Looking at the CHOP indicator, we can see that in the 4-hour period, despite the last move, we still have a lot of energy to continue.
by cryptodailyuk
BTC struggles with resistance at $ 46.629.Hello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, price is moving above the local uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is $ 44,587, if the support breaks down, the next one is $ 42,318 and $ 40,503. Now let's move on from the resistance line, as you can see, the first resistance is $ 46,629 which is currently struggling with price, if you can break it, the next resistance will be $ 50,940 and $ 55,175. Looking at the CHOP indicator, we can see that in the 4-hour interval the energy has been used up and is only just starting to slowly bounce back.
by cryptodailyuk
Where are the Channel Traders? AUDCHFHey Traders, AUDCHF is a very interesting pair. We've broken structure in both directions on the one hour chart. This usually indicates to me that we may start seeing a bit of a range trading opportunity while the market is very conflicted on which way to go. Obviously the Aussie dollar budget was released yesterday which had a large impact on the market. It still can indicate that were a little unsure where to go being the initial budget release witnessed the market taking negative impact from that, but overall I have a bullish sentiment when looking into the Aussie dollar. We're looking at good employment growth. we have good retail sales data (actually better than expected retail sales data). The PSI is looking really good. So there's a lot of different things that are indicating bullish Aussie dollar. So as we sit in this range trading area, you can kind of see we've got strong supply up the top. While it's a large supply area, it is strong supply up the top. On the opposite side of the spectrum, we also have very strong demand down the bottom. You can see it pushed that previous higher high in order to break structure prior to moving into this range trading area. As you can see with the orange box, we have quite a conflicting idea on where the price is going to go. Will we stay inside of this orange box? Will we push up and use the two purple boxes of supply and demand in order to trade sideways? Or am I wrong and are we just going to rip through either one? It's very interesting chart to be looking at and on the long term, as I previously stated, I'm still thinking bullish Aussie dollar. So if anything, I'm going to be looking to buy in these bottom areas of demand to take it to the higher levels. If you guys have any questions or any comments on this, please do let me know below I reply to them as soon as possible and as always guys have a very profitable trading week.
by the5erstrading
EURCAD Analysis I It Will Head Upward Welcome back! Here's an analysis of this pair! **EURCAD - EUR pairs jumped over 100-200 pips in this morning's New York Session following Russia UKraine talks to hopefully end war. We expect for EURCAD to provide a correction near support and further growth to the upside. Realistic targets 3915, 3970, 4013. We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Long
by BKTradingAcademy
EURJPY Analysis I How to Trade This Week!Welcome back! Here's an analysis of this pair! **EURJPY - listen to video analysis. We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
1
Will XRP maintain support at $ 0.7323.Hello everyone, let's take a look at charting the XRP to USDT over a 4 hour timeframe. Let's start by drawing a downtrend line at which price is constantly moving. Now let's move to the support line, as you can see, the first support is around $ 0.7323 where the price crosses, the next support is $ 0.6897, $ 0.6284, then we have a support zone from $ 0.60 to $ 0.58. Looking the other way, it is worth determining the resistance that we have to overcome and we see that the first resistance is at the level of $ 0.7842, the next resistance is the so-called Gold Fib point 0.618 at $ 0.8402 and another resistance at $ 0.9161. It's worth paying attention to the CHOP indicator which shows that we recovered some energy after the last move.
by cryptodailyuk
Risk On Risk Off Helpful Proces Spy VS Btc VS Dollar Dxylets review Risk On Risk Off Helpful simple process Spy VS Btc VS Dollar Dxy also Remember trading is risky . Hi traders over the past 28 years trading this correlation has been simple and helpful as an added barometer of assets movements that you can add and watch in your tradingview charts with no extra indicators. Over time the dollar has always been perceived as a strong stable currency and when people move dollar up it is usually perceived as a defensive move by market participants and therefore a risk off situation for speculative assets. Usually what is helpful lately is looking at the SPY vs BTC and compare to the dollar DXY representing safety. Usually dollar Up = SPY + BTC down = Risk Off and vice versa Usually dollar Down = SPY + BTC Up= Risk On Hope this video was helpful
AMEX:SPYEducation
by PowerIndicators
2
Bitcoin dips 12%In a move that seemed to catch markets by surprise, reports were flowing in of a feared three-pronged attack on Ukraine at the time of writing, with the West already promising more severe sanctions as a result. Bitcoin, already trading in line with stocks instead of acting as a safe haven, thus showed uncertainty of its own, declining over 12.2% from Wednesday’s local highs to hit $34,300. Asian stocks were already feeling the pressure, with Hong Kong’s Hang Seng index down 3.5% and the Nikkei reaching a 15-month low. As traders waited to see the full impact on European and United States stock markets, Bitcoin market participants took stock of what the geopolitical events could mean for the largest cryptocurrency. “So there are arguments both ways for what should be happening to BTC right now. I’m not really sure I would have guessed it would go down based on the fundamentals. But it is down, a lot! Why?” Sam Bankman-Fried, CEO of trading giant FTX, queried in a series of tweets Thursday.
BITFINEX:BTCUSDLong
by booflebacop
Will DOGE use the energy visible on the CHOP indicator to increaHello everyone, let's do a quick overview of the DOGE / USDT chart on the 1D interval. As you can see, the price is still below the downward trend line, but we are in a place from which the price has rebounded several times. It is worth noting that the price is just above the support at $ 0.1406, while the next support is at $ 0.1316 and $ 0.1203. Looking at the throne of resistance, it is worth setting the closest resistance that we have to overcome for further increases, among others, the first resistance is at $ 0.1451 and the next two at the price: $ 0.1503 and $ 0.1548. The CHOP indicator shows a large amount of energy, using it to increase the price would give us another rebound in the price.
by cryptodailyuk
What 3 Events Will Traders Be Watching This Week? 24-29 JanWhat 3 Events Will Traders Be Watching This Week? 24 Jan – 29 Jan, 2022 Tuesday, January 25: NAB Business Confidence NAB Business Confidence from Australia hits the market early afternoon on Tuesday. The Index may rebound after November’s sharp drop, where it fell to 12 points from 20 points in the previous report. Several factors have recently occurred that may impart a great deal of positivity in Australia’s business community. Perhaps the most impactful event is the loosening of monetary policy in Australia’s largest trading partner, China. There is room for further loosening in China’s loan rates and the expectation that the People’s Bank of China will use it over the coming months to help prop up slowing economic activity. Australia should be a benefactor of such policy and improve Chinese economic activity. As such, perhaps we will see some positive follow-through in the AUDUSD, which is currently trading at 0.71746, down 1.4% YTD. Thursday, January 27: BoC Interest Rate Decision Fed Interest Rate Decision Two significant interest rates decisions are being served up on Thursday. First is the Bank of Canada (BoC) Interest Rate Decision, due at 4 NZDT in the morning. The BoC is dealing with 30-year-high inflation (4.8% YoY to December) yet may be hesitant to raise rates sooner than March. It could be that the Bank is waiting for the British Columbian floods and the spread of Omicron to subdue until initiating its first rate hike. However, the market may have already partially priced in a 25 basis point rate hike that could leave the CAD vulnerable if the BoC doesn’t deliver what is expected on Thursday. The second interest rate decision is due from the US Federal Reserve on Thursday at 8:00 am. I’m sure most of us will be watching the ensuing volatility in the USD, after Jerome Powell and his team’s announcement. The USDJPY and the NZDUSD may be some of the biggest movers on this day, with the USD seeking to claw back some of the recent losses against the former and further appreciating against the latter. While an interest rate hike is not likely on Thursday, investors will want to see if the Fed will move up its rate hike schedule. As it stands, the market is expecting a March rate hike, the first of many that the Fed will have to enact to combat the 40-year-high inflation in the US.
by BlackBull_Markets
$CL strong setup for bullish move.$CL strong setup or bullish continuation. consumer stocks are trading higher yesterday amid a possible rotation out of tech stock names. and also for economic reopening. Buy calls above yesterday highs. 82.42 buy puts below 80.76 Hello Guys, welcome to this free technical analysis . ( mostly momentum play ) I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities. If you have any questions or suggestions which stock I should analyze, please leave a comment below. If you enjoyed this analysis, I would definitely appreciate it, if you smash that LIKE button and maybe consider following my channel. Thank you for stopping by and stay tune for more. My technical analysis is not to be regarded as investment advice. but for general informational proposes only.
NYSE:CLLong
by CHRIS_B58