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My Guides Line for Monthly Chart!with the time seeing Btc Price // i see the harmonical trends line ocorrurring// and i follow them before it happen.. and i can use it to sell or buy.. but in the last times, i lost some coins because i selling on worry time.. sorry friends;. its are guides line to see future prices what will could be happen..
(BTC) bitcoin "support & resistance"BTC chart view using RSI support & resistance combined indicator by DGT appears to show a new support price line very near where the price is now. Before this time and the last few days there was nothing but resistance lines for days, months even. The red line basically supplants the fact that there is a new established level to determine where the price may increase from. Typically there can be fears to seeing this line if the investment does not break from the pattern line and rise above. With BTC because the value is so large at over $1.4 trillion USD I'm not sure what to think other than that it's literally making a statement that says BTC is reaching a level of maximum sales and profit buying from investors where the counterbalance is beginning to favor on the side of selling.
Bitcoin can exit from pennant and continue grow to 45400 levelHello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price a few time ago declined to the 41400 support level, where it turned around and started to rise inside the upward channel. In the channel, BTC rose to a 45400 resistance level, which coincided with the seller zone and soon broke this level. Price rose a little higher, after which it exited from the channel, entered to pennant, and at once made a downward impulse from the resistance line to the support level, thereby breaking the 45400 level one more time. Next, BTC some time traded near the 41400 support level, and later it declined to support line of the pennant, breaking the support level, but soon price turned around and in a short time rose back. Also recently BTC rose to the resistance line of the pennant, where it continues to trades near now. So, in my mind, Bitcoin can break the resistance line, thereby exiting from the pennant, make a retest, and then rebound up to the resistance level, or after the breakout of the resistance line, BTC will at once continue to move up to the resistance level. For this reason, I set my target at the 45400 resistance level. Please share this idea with your friends and click Boost 🚀
AUDJPY: Could GDP Release change the trend?Hello traders,
AUDJPY Is going upward.
Our main Scenario is the long one:
Long Scenarios:
After breaking 95.050, We'll wait for a retracement.
TPs are: 95.650, 96.600
SL: below 94.700
Short Scenario will be published in case of breaking the upper trend-line.
Pivot points, Support and Resistance and also Sentiment data were used for this analysis.
Enormous Descending Wedge on SPY Happy Saturday Ladies and Gents!
As with any other previous posts of mine I like to begin with letting everyone know I am not a professional trader, lol. I'm just a dude who likes to look at charts. I'm really just thinking out loud. Some how my kids aren't attacking me and I'm able to calmly and thoughtfully look at the charts, lol.
A few things to note before you read my thoughts on the SPY’s future price movements.
• I am not factoring in any economic data or potential rate hikes/cuts. This is strictly price action TA – which as you all know is just one piece of the puzzle. There are many different variables the can influence price action – I am just looking at one here.
• Consider that this is a longer-term outlook on the SPY. I believe this likely plays out over the next 2 – 3 months. Late May early June is when I think we reach the target area of low $340's - to be more specific, you can see that the trendline and price intersect at exactly $339-$338. I tried to take into account the time between peaks and valleys of previous price action when drawing the projected path (in yellow) but note it's just an estimate, lol.
Anyways, here we go:
The price on SPY is VERY likely going to continue downward!!!
We are at MINIMUM going to come down to touch that orange trend line. It's just been respected so many times in the past and we are so close to it. - it's like a magnet. Price WILL come down and tag it (maybe there will be a little consolidation before we do though)
I tried toning down the opacity of all the other trend lines so that it's a bit clearer. Essentially it looks like we have formed a giant falling wedge (ultimately a bullish pattern). I mean I do think once we reach the bottom of the trendline around the $339 area, there will likely be a massive move upward and an even larger breakout of this descending wedge.
FYI.... I tried thinking about time. This could happen late April to early June
I'm going to zoom in and bring back into focus the other important trend lines now (specifically the orange one) It's just seen so much action - it's very likely we come down and tag it - even consolidate there for a few days or week.
Violent next 3 daysEither direction we have about a 1~2% move that I anticipate. This trend is bullish, but there was a pullback to 405 from 408 in the last hour of trading; which is not much but when looking left this area is roughly 2 years old we are entering (support and resistance that is.) The RSI is overbought on the hourly. Once again looking left there are 10 times we can see support and resistance tested in this area. Either way expect some chaos.
Or I may be wrong and this is a cup and handle and we rocket past 412 quickly.
Not investment advice.
Monero XMR prediction for the end of the yearThis week we have the CPI report and the FED meeting. I expect the stock market to go down and cypto to fallow it.
My price target for Monero XMR for the end of the year are the following:
XMR/USDT short
Entry Range: $148 - 155
Price Target 1: $140
Price Target 2: $134
Price Target 3: $125
Stop Loss: $169
SHORT ON GOLDGold prices are in a downtrend as well as a broken resistance level.
I get you the entry points and stop lass and target. Enjoy it .
LOW RISK
GOLD (XAUUSD)
Sell🔴
ENTRY 1 : 1763
ENTRY 2 : 1773
TP 1 : 1755
TP 2 : 1743
TP 3 : 1732
TP 4 : 1714
Tp 5 : 1623 --------------> it's the main target
SL 1806 ❌
please don't forget like and share
Bulls Need to Hold 395.90Bulls Need to Hold 395.90!
Update from this weekend idea.
As I outlined in the weekly review. Choppy, slow grind up.
Volume and volatility were compressing nicely until the Oops Missile at 1pm yesterday.
Bulls need to hold 395.90 to keep this bear rally alive.
VixEx Today
OpEx Friday.
May be some red over the next few days.
But bulls need to buy this dip to stay in the Jam Bands to test 200D
A reminder we are still in this Quarters Window of Weakness through the 1st week of December.
The big JPM hedge equities weakest flows in terms of Gamma per point move.
So even though all funds are positive.
The positive flows are not strongest to keep the up and to the right momentum going.
Chiliz CHZ Crypto Market after the ElectionsMy forecast is that we will see a bearish outcome for the crypto market after the November 8th Elections, especially for Chiliz CHZ , which is overvalued.
CHZ/USDT short
Entry Range: $0.27 - 0.28
Take Profit 1: $0.24
Take Profit 2: $0.21
Take Profit 3: $0.18
Stop Loss: $0.32
EURAUD short viewEURAUD, the pair is in bearish consolidation after rising to 1.57000 levels. When we set Fibonacci, we see that we are now at 23.6%. We have already had a breakout below this level, so we could expect further declines in the euro against the Australian dollar. The next target is at 1.52000, around 38.2% of the Fibonacci level. We could also test 1.50000 if the euro continues to weaken. The weakening of the US dollar will help the Australian dollar to strengthen, and therefore we expect a bearish trend on the EURAUD pair.