LITUSD Falling Channel| Local Ob| Price Action| Trend Evening Traders,
Today’s analysis – LITUSD – trading in a local down trend where follow through is probable,
Points to consider,
- Price Action corrective
- Local OB S/R Resistance
- Daily S/R Support
- RSI Divergence
LITUSD’s immediate price action is corrective and is trading under a Local OB allowing for a bearish bias.
The Daily S/R is the immediate support, testing this level will allow for a potential bounce.
The RSI has a bullish divergence forming, playing out will be indicative of strength in price action.
Overall, in my opinion, LITUSD is a valid short with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“Genuine acceptance that there will be losses on your way to market success will greatly decrease the hurt when they eventually come.”
Long-short
BTCUSD Price Action Channel| .618 Fibonacci| Volume| Trend Evening Traders,
Today’s analysis – BTCUSD – trading in a local channel where a run of the lows is probable,
Points to consider,
- Price Action Corrective
- .618 Fibonacci Support
- Channel low Support
- Low Volume
BTCUSD’s immediate price action is corrective and is approaching an area that has technical confluence with the .618 Fibonacci and Channel Low support, allowing for a bullish bias.
The current volume profile is below average, an influx is highly imminent when testing a key trade location.
Breaking out of the channel will be indicative of strength, thus in search of liquidity.
Overall, in my opinion, BTCUSD is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
Timing, perseverance, and ten years of trying will eventually make you look like an overnight success. – Biz Stone
YGGUSDT Price Action Range| Range Low| Volume Influx| Trend Evening Traders,
Today’s analysis – YGGUSDT – trading at its range low where a rotation to the highs is probable,
Points to consider,
- Price Action Corrective
- Range Low Support
- Range High Objective
- Volume Influx node
YGGUSDT’s immediate price action is corrective and is trading at range low, allowing for a bullish bias.
The range high is the immediate objective, exceeding this level lead to a trend continuation.
The current volume profile has a climatic node, follow through is necessary in volume to sustaion strength.
Overall, in my opinion, YGGUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“Focus, patience, wise discernment, non-attachment —the skills you acquire in meditation and the skills you need to thrive in trading are one and the same.”
― Yvan Byeajee
ETH Prediction for 2022. Could hit ATH at around 5200, then it can go far down as low as 3k, then to continue the uptrend...
Luna 15mn Reviewif its break the box as a support and resistance and conform a second candle above it or below it then Enter LONG/Short... Happy Trading Guys...
CHZUSDT Price Action Range| Bullish Order Block| Trend| Volume Evening Traders,
Today’s analysis – CHZUSDT – trading and a key trade location where a rotation back to the highs is probable,
Points to consider,
- Price action corrective
- Bullish OB Support
- RSI over-extended
- Swing High Objective
CHSUSDT’s immediate price action is corrective and is trading at a key trade location that has technical confluence with an order block, allowing for a bullish bias.
The current RSI is overextended, a reversion to its mean is highly probable, this will hold current support.
The current volume profile is below average, an influx is needed to avoid false expansion moves.
Overall, in my opinion, CHZUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“Don’t blindly follow someone, follow market and try to hear what it is telling you.” ― Jaymin Shah’
#AAPL possible bearish Gartley formationA possible bearish Gartely formation on 1 hr chart.
1. Trade breakdown: Buy after price breaks $176 with stops based on your risk-taking appetite.
2. Price target should be set slightly below $180.
Will continue to update once this pattern forms.
LTO setting up for long entry soonWatching LTO to see if it will hold trending support line. If it doesn't I expect it to fall back some more and would be a good short entry before entering long when it reaches lower trend line.
A falling BTC will effect this.
SANDUSDT Daily S/R| Price Action| Trend| .618 Fibonacci Evening Traders,
Today’s analysis – SANDUSDT – trading at a key trade location where technical confluence is present,
Points to consider,
- Price Action Corrective
- Daily S/R Support
- Weekly S/R Objective
- Low Volume
- Trend
SANDUSDT’s immediate price action is trading at a key trade location that has technical confluence with the Daily S/R, and the .618 Fibonacci, allowing for a bullish bias.
The immediate objective is the Weekly S/R, exceeding this level will lead to a trend continuation.
The current volume profile is below average, an influx is highly imminent when an expansion occurs.
Overall, in my opinion, SANDUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“There are no guarantees in trading. The sooner you accept that you sooner you can release your expectations and focus unconditionally on a proven process.”
― Yvan Byeajee
IKVUSDT Price Action| Trend| Falling Wedge| Support Evening Traders,
Today’s analysis – ILVUSDT- trading in a clear falling wedge pattern where a break bullish is probable,
Points to consider,
- Price Action Corrective
- Local S/R Zone Support
- Local S/R Resistance
- Low Volume
ILVUSDT’s immediate price action is corrective and is trading at a key trade location that has technical confluence with the support zone, allowing for a bullish bias.
The Local Resistance is the main objective, exceeding this level will lead to a trend continuation.
The current volume profile is below average, an influx is highly imminent when testing a key trade location.
Overall, in my opinion, IULVUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“Amateurs think about how much money they can make. Professionals think about how much money they could lose.” – Jack Schwager
#Bitcoin Next Parabolic SetupHello Padawans,
I just see this while analyzing,
would it be a cup and handle?
What do you see in the bitcoin chart?
is it bullish or bearish?
to me Bitcoin is in a daily bear market, but still in the bull market.
let's see,
cheers.
may the force be with you.
#Bitcoin 2021-2022Hello Padawans,
please do not take this as a piece of financial advice.
what will be the next move?
supports are getting resistance.
when resistance will get supports?
let's see what will happen next.
cheers,
may the force be with you!
Nike: Breakout is Imminent!!!Hey guys, this is my first ever video tutorial and it's going to be on ticker NKE.
NOTE:
I apologize but I forgot to mention a stop loss (Very important!). In regard to placing a stop loss (which you should ALWAYS be doing) we will be using the average true range and swing high or low. We will want to place our stop loss at 1 ATR above/below the swing low/high when taking a short/long (Respectively).
Please leave a like and some comments on what you would want to see in the future. If enough of you like the content, I will continue to make videos for you guys and gals :)
Will the 3rd tap on the uptrend that started December 4th hold? Hello all,
If the third tap on the uptrend that started on December 4th doesn't have a strong impulse back above $50,000 it'll likely fail to hold & break down which would trigger a sell off.
Why do I think this?
We broke below the macro uptrend that started in July 2021 which would of been the 3rd tap and if it held we'd be above $70,000 heading towards $100,000 like everyone said would happen in December going into 2022 but that never happened. Instead we had a $15,000 rejection which took us back below the previous ATH from April 2021 and back below the macro $50,000 psychological level. It failed on December 7th which started a small sell off, but in the last hours we got rejected and printed a lower high, and this is after breaking below the uptrend that started December 4th. If it was a fake out we'd already be back above $50,000 already, but it's been around 9 days and still haven't flipped it back into support.
Not to mention the 4 hour momentum oscillator just left the sell zone (98) and it still around (50), so a good buy zone is (1 - 20) and it can go a few days in this zone for accumulation purposes to gain enough momentum for a short squeeze upwards.
It looks like a bear flag has potentially formed, or a bear pennant, it really doesn't matter they're both similar and it's the market structure which matters the most. At the end of the day it's just added confluence which gives you more conviction towards the specific trade.
$45,555 would be my short term target.
(this is not financial advice, it's just my journal)
Please leave a like or comment if you liked this technical analysis and my own personal explanation of the current market conditions we're seeing.
👍
SOLUSDT Weekly S/R| .618 Fibonacci| Price Action| Trend Evening Traders,
Today’s analysis – SOLUSDT – trading at a technical trade location where a bounce is probable,
Points to consider,
- Price Action Corrective
- .618 Fibonacci Support
- VWAP S/R Support
- Low Volume
- Daily S/R objective
SOLUSDT’s immediate price action is trading at a key trade location that is in technical confluence with the .618 Fibonacci and the VWAP S/R, allowing for a long bias.
The current volume profile is below average, an influx is highly imminent on an expansion.
The current objective is the Daily S/R, exceeding this level leads to a trend continuation.
Overall, in my opinion, SOLUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“Only The Game , Can Teach You The Game” – Jesse Livermore
$NKE - Intricate Weekly Trading PlanHey all! Just gonna get right into it.
Dips at 166.62 should be bought. Dips at 164.75 should REALLY be bought. Very high chance we bounce at both of those levels and capture a clean 6.5% move intraweek.
A break of 173.35 will likely lead us to 175, and then ATHs. I'm less confident in trading this break simply due to the formation of lower highs. I'm afraid the break will get stopped in its tracks.
A loss of 164.75 will be violent, so have your stops set. If we lose 164.75 look to swap to puts FAST. Not too sure where the bottom will be on this one.
GLHF everyone!
Dogeusdt !!! The Question is , PUMP OR DIE ?Hello guys
Doge coin is in a very suspicious moment
It's under the ichimuko cloud, nice RSI
It lost many support lines but still has little support
If lost this supprt at tgis moment we should say goodbye to DOGE for at least 2YEARS
MATIC Short Exit, potnetial long entry.Exited short position on MATIC at 2.12 having entered at 2.28
Because it touched the .618 fibonacci and bounced perfectly, this shows strength. It then broken out of the down trend, but failed to hold that. It fell back and broke out again which is where I exited shortly after.
BTC dominance is still looking poor. I like the MATIC long entry at the .618 fib. so $2.04 would seem a nice entry to add to the long position.
Depending on BTC trhis could drop further to the next fibonnaci level. Although the $2 level will be respected hard.
Frustratingly I had a limit buy order set at 2.035 that didn't get filled.
I am still short BTC and BTT.
BTCUSDT Prediction until 12 December3 line prediction for BTC, I use BTCUSDT on binance.
Green : long until hit 2021 trendline resistance, 52K
Yellow : long until 50K, based on previous 1-2 weeks pattern
Green : long until 449k, based on downtrend channel...
Dollar power - will it last?The Dollar has surprised loads of people, as well as it hasn't other people. 😊
The trend is still for the north. Why?
We don’t need to know why.
On the chart there is trend strength - the RSI is well over 50, ATR is for the north, and squeeze momentum is north.
The consolidation pattern on the Aroon is still bullish.
Nobody knows what will happen next. At each consolidation some thought it meant that a crash was coming.
Do I predict anything? I do not. The red dashed line is critical.
What's your bet?
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
BTCUSDT Local S/R Zone| Price Action| .618 Fibonacci| Trend Evening Traders,
Today’s analysis – BTCUSDT – trading at a local area of confluence where a rotation to the highs is probable,
Points to consider,
- Price Action Corrective
- Bullish OB Support
- .618 Fibonacci Confluence
- Swing High Objective
- Trend
BTCUSD’s immediate price action is corrective and is trading at a technical location that has confluence with the .618 Fibonacci and Bullish OB, allowing for a bullish bias.
The swing high is the immediate objective, exceeding this level is likely to lead to a trend continuation. the current
The immediate objective is the swing high, exceeding this level is likely to lead to a trend continuation.
Overall, in my opinion, BTCUSD is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“It’s OK to be wrong; it’s unforgivable to stay wrong
