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Higherlow

The BTC warBitcoin is currently at war fighting to hold the low while attempting to break its down trend. just closed a wild daily with and 18% swing. opened yesterday losing 8%, then running up 18% from the low only to close up 3% on the day. one of the largest indecisions it has ever printed on daily. holding higher low on daily with major time scale closes ahead on Sunday with the weekly and Monday the monthly, there no reason whatsoever BTC cannot paint another major pattern like the prev and wave up with enough bids to break 40-50k. has to get enough bids to hold and follow thru major time scales in order to perform.
by KryptoKup
Bitcoin - Time for a Higher LowBitcoin has given us a a 40% rally from the lows in this most recent correction. Market structure has shifted bullish by giving us a higher high. We have not yet been given confirmation with a higher low. It has formed a daily SFP (Swing Failure Pattern) by wicking above previous structure and closing below as a bearish hammer. This is a perfect opportunity to fill some structure below and give us a higher low. Targets I am looking for a bullish pullback to are as follows: Light pullback @ 40-42k Deeper pullback at 38-39k This idea is invalid if we begin to close the daily above $44,500 - we likely continue higher if so. In times like this it helps to zoom out - $BTC is in a macro correction that cannot be properly traded on a 15 min chart. Long term swings need long term charts. I am still macro bullish on this asset class - but a 40% rally needs to fill some inefficiencies before it can move higher. - Will, OptionsSwing Analyst
Short
by optionsswing
1
GBPUSD Breaking out of a Descending Broadening Wedge> Weekly pulled back to .618 Fibonacci, horizontal support, 200ema and found support to start a bull run now 3 weeks in. Possibly looking to reach the recent highs area at 1.4200. > Daily formed a descending broadening wedge & is currently starting to breakout to the upside. 1. Price could continue breaking out on the daily and form a small pullback to retest the wedge and horizontal support (maybe 1 hour flag over a few days) before continuing to 1.3950 which is the top of the pattern. OR 2. This could be a false breakout of the wedge. Price could make a larger pullback, moving back into the wedge and forming a higher low around 1.3500 horizontal support/ .382 Fibonacci/ 50ema, before forming a reversal and breaking out of the wedge again making a run to 1.3950 to 1.4200. Invalidation for an entry would be price continuing to run to target without pulling back or price moving back into the wedge and failing to form a higher low, moving back down to the lows. A negative is the monthly did form a double top and is in a bearish run.
Long
by DaneilDG
1
EURAUD Trend Change?EURAUD has been moving sideways all 2022 with a very slight uptrend. After creating nothing but higher highs and higher lows, it has finally had a strong push and created a lower low. After creating this lower low and bouncing off of the trend line, we have shot straight back up into the supply zone where we created the previous trend changing movement. Indicating a very strong supply zone. Keep an eye on the 1H frame for a potential entry point to short EURAUD. Let me know your analysis and your plan for the pair!
Short
by the5erstrading
What ETH needs for an uptrendAfter the recent big dip, many people are looking across the crypto market for signs of strength, to get in on a potential big wave up. In my opinion the key thing we need to see before anything else is a higher low, and to see how the price action handles a dip at this point. Will price bounce off a new higher low with gusto? Will it create a higher low and consolidate? These are the questions we need to see answered before we can really judge the strength of ETH or the crypto market as a whole. Ideally bulls would like to see a small dip, followed by a clear pivot and strong persistent positive price action to break through the swing high. This would be a very positive sign that we can drive up toward the next area of potential resistance and beyond. Until then, this could still be considered a bounce or small correction in the scheme of a large downtrend. Don't count your chicken before they hatch.
BINANCE:ETHUSD.PLong
by HayeTrading
20
Possible Bitcoin Pullback to Daily .618 Fibonacci Support ZoneSimple Bitcoin analysis... > Daily formed a double top at all time highs with bear MACD and now possibly breaking the recent lows, horizontal support & .382 fibonacci. At this point... 1. Price can find support here at 58000.00 area/ recent lows, horizontal support, 50ema support & .382 fibonacci and move back up to recent highs. 2. Price can move back up from it's current support area and form a daily lower high (or just continue to fall from it's current price) and fall to 50500.00 area/ .618 fibonacci, horizontal support, trend line support & weekly 50ema support. Lots of support in the area for price to make a daily higher low and continue the current trend back up to all time highs. 3. If price breaks 0.618 / 0.75 fibonacci retracement support area as explained above ( 50500.00 to 47000.00 area ), it could move back down to daily recent lows around 41000.00 before finding support. I will be looking at the intraday charts to see how price action develops in these areas and wait for the lower time frames to confirm the higher time frames before taking a trade long or short.
by DaneilDG
Bullish but looking for a Higher LowSo far, UNI is following our projected path (see linked idea), but will it continue? The signs point to continued bullishness, but I'm waiting for a Higher Low to form. I'm looking for bullish divergence around 3300 sats--that will give me confidence that UNI is ready for a stronger bull move. ---------------------------------------------------------------- These are my personal views and not financial advice. Please do your own research before investing. I'd love to hear your thoughts, ideas and feedback. Feel free to Comment and I'll try and get back to you quickly. If you appreciated this analysis, consider Liking or Following . Thanks!
Long
by mercury_rising
SHIB looks tempting hereAfter breaking through trend resistance, SHIB found new resistance at the 200 EMA. Now it has retraced a bit and is possibly creating a Higher Low at these levels. Combined with what looks to be bullish divergence on both the daily and 4-hour charts, I'm feeling good about the Higher Low holding--and would signal a possible breakthrough of the 200 EMA. I'm interested in taking a small position here. ---------------------------------------------------------------- These are my personal views and not financial advice. Please do your own research before investing. I'd love to hear your thoughts, ideas and feedback. Feel free to Comment and I'll try and get back to you quickly. If you appreciated this analysis, consider Liking or Following . Thanks!
Long
by mercury_rising
BTC possible reversal Hello traders and HODLERs and welcome to my Analysis. I noticed something really interesting developing in BTC's descending channel. a series of lower lows are intercepted and a higher low has appeared on this 4H time frame. BTC has created a beautiful W (double bottom) pattern and has already closed a 4H candle above the neckline. The price target of this W pattern is almost 50 k. Right now BTC is being traded above the dynamic resistance of the descending channel. closing a 4H candle above this resistance line would definitely improve market sentiment and pump more bullish momentum. let's see how will this play out. Disclaimer: The above passage is not a financial or investment suggestion, it is merely my opinion. Trading cryptocurrency is very risky and you should always DYOR before opening any trade. Thanks for reading, I appreciate your comments on this one.
Long
by s_hasan_zolanvar
BTC Rejection!From my previous post, you'll notice that BTC fell below an ascending channel, that's been around since July 2021. Since then, it came back up to retest the channel but the bears have stepped in and managed to push prices back down. This rejection has BTC currently trading back in its previous range 47k - 50k. If the selling pressure continues, we can see a 5% drop to the previous support. Let's watch closely. Love it or hate it, hit that thumbs up and share your thoughts! Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect! This is not financial advice.
BITFINEX:BTCUSD
by rnaofs
VIX. A change in behavior to say the least! Head winds in weeks!What Is the Cboe Volatility Index (VIX)? The Cboe Volatility Index (VIX) is a real-time index that represents the market's expectations for the relative strength of near-term price changes of the S&P 500 index (SPX). Because it is derived from the prices of SPX index options with near-term expiration dates, it generates a 30-day forward projection of volatility. Volatility, or how fast prices change, is often seen as a way to gauge market sentiment, and in particular the degree of fear among market participants. The index is more commonly known by its ticker symbol and is often referred to simply as "the VIX." It was created by the Chicago Board Options Exchange (CBOE) and is maintained by Cboe Global Markets. It is an important index in the world of trading and investment because it provides a quantifiable measure of market risk and investors' sentiments. KEY TAKEAWAYS The Cboe Volatility Index, or VIX, is a real-time market index representing the market's expectations for volatility over the coming 30 days. Investors use the VIX to measure the level of risk, fear, or stress in the market when making investment decisions. Traders can also trade the VIX using a variety of options and exchange-traded products, or use VIX values to price derivatives.
TVC:VIX
by samitrading
6