BTC - Casually following last year trend ?Since a couple of months I'm just copy pasting chart from what happened the year before,
I updated and deleted the red path from my post here :
and added the blue path that BTC seems to follow nicely
btw its same energy than last year : overbought on RSI but we dont give a fk and we go higher
that blue path says that we can touch 100K before EOY, nice no ? will try to catch the swing if it happens !
then it seems to follow more the green target, still can't say we're we ending for this bull run but I think not below 180K
not financial advice
Cheers
LONG
Bloom Energy $BE MASSIVE 50% MOVE! Could double from hereBloom Energy NYSE:BE MASSIVE 50% MOVE! Could double from here
- Its a HIGHFIVESETUP
- Massive bullish falling wedge pattern breakout with a measured move up to $45
Let this thing breathe or come back for a retest as 80-90% of breakouts retest.
I do not advice getting into this name at this time. Just wanted to point out the possibility and add to watchlist for a pullback potentially.
NFA
Another FLARE signalWe hav seen in the past when flare breakers it’s previous highs, it has a tendency to sky rocket.
When we see these next 15min candles close above $0.01650 we could see a power move to catch up to the rest of the market. Selling under $0.02.
If the tend line fails, I’m out.
Good luck and have fun with it
DXY Will Go Up! Buy!
Please, check our technical outlook for DXY.
Time Frame: 7h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 106.564.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 107.267 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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HelenP. I Euro will correct to trend line and then start to riseHi folks today I'm prepared for you Euro analytics. In the chart, we can see how the price some time traded between resistance 2, which coincided with the resistance zone and later started to grow the trend line. When the price reached this line, it turned around and started to decline and soon broke the 2nd resistance level. After this, the price continued to fall below the trend line and when it fell to 1.0765 points, the price turned around and rose higher than the trend line, breaking it. Then the Euro rose to 1.0940 points, after which made impulse down to one more resistance zone, which coincided with 1st resistance level. Price tried to grow, but failed and continued to decline next, breaking the 1.0680 resistance level. And recently it reached the trend line and at once rebounded and started to grow. For this case, I expect that EURUSD will correct to the trend line and then start to grow to the 1.0680 resistance level, therefore this level is my goal. If you like my analytics you may support me with your like/comment ❤️
GBPUSD Is Bullish! Long!
Take a look at our analysis for GBPUSD.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 1.264.
The above observations make me that the market will inevitably achieve 1.276 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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Euro can exit from pennant and rise to 1.0700 pointsHello traders, I want share with you my opinion about Euro. Observing the chart, we can see how the price some days ago entered to range, where it at once fell to the resistance level, which coincided with the bottom part of the range. Then price bounced and in a short time rose to the top part of the range and some time traded near, after which it turned around and started to decline. In a short time price broke the 1.1005 resistance level, exited from range, and continued to decline inside the downward pennant. In this pattern, the EUR reached its current resistance level, which coincided with the seller zone, and then started to grow. Price rose to the resistance line and then made impulse down. Euro broke the 1.0760 level, but tried to back and failed, after which continued to decline to support line of the downward pennant. When the price reached this line it a not long time ago rebounded and now, I think that the Euro can exit from the pennant, make a retest or not, and continue to move up. For this case, I set my TP close current resistance level, at 1.0700 points. Please share this idea with your friends and click Boost 🚀
USDCAD BULLISH PROFITABLE IDEA#USDCAD is at a bullish sentiment, what we can do from the previous price action is observed the previous Break of structure in the bullish direction.
It is important to note hoe the break of structure took place , and as we see there was formation o structure which resulted in an impulsive market action resulting to the break, this area has been untapped till now of any pending liquidity in support of the bullish trend
What to do ?
Wait or the price action to mitigate this area and look for a suitable entry position based on your entry techniques, esp before the news.
#all the best.
GOLD - Price can bounce up from support line to resistance levelHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
After price started to trades inside rising channel, it at once rose to $2730 level from $2610 level.
Then price broke it and some time traded inside resistance area, where it made a gap and later grew to resistance line.
Next, price turned around and started to decline inside falling channel, exiting from rising channel.
In falling channel, Gold broke $2730 level and some time later reached $2610 level and some time traded near it.
Recently price broke it and fell to support line of channel, but a not long time ago it bounced up.
So, in my mind, Gold can fall to support line again and then bounce up to $2610 resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
XRP fractal, a little more detailFurther to my previous post on XRP. I realise that I was not clear enough. I am awaiting the intitial surge to 1.9, then I'm out. There may well be higher highs to come. But, if the fractal plays out there will be an equal downward surge that will take us to local lower lows and below my entry point. So, I'm going to stick it out to 1.9. Follow for more
GOLD The Target Is UP! BUY!
My dear subscribers,
This is my opinion on the GOLD next move:
The instrument tests an important psychological level 2567.3
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 2632.7
My Stop Loss - 2530.7
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
———————————
WISH YOU ALL LUCK
XRP fractal, sometimes simple is bestI'm loving XRP at the moment. We've seen a gorgeous positive breakout the last few days giving high confidence in a furthe upward surge. I'm looking closely and can see a beautful fractal appearing that looks like it could play out again. IF it does, my target will be just shy of the top around 1.9. I'm in until then. Follow for more.
GBPCAD: Free Trading Signal
GBPCAD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long GBPCAD
Entry Point - 1.7794
Stop Loss - 1.7739
Take Profit - 1.7928
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
AUDJPY Sellers In Panic! BUY!
My dear followers,
This is my opinion on the AUDJPY next move:
The asset is approaching an important pivot point 100.36
Bias -Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 100.89
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
CADJPY Massive Long! BUY!
My dear friends,
Please, find my technical outlook for CADJPY below:
The instrument tests an important psychological level 110.57
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 110.88
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
———————————
WISH YOU ALL LUCK
Patience is LONGSo in this image, I hope that you can see the obvious. We have a wide range that we could potentially be trading from top to bottom until one side breaks. My idea right now is that we still haven't taken out the range low, which would also take out some of the liquidity wicks. I've also added the downtrending range to keep in mind and backup my thoughts that this could just be a correction for a bigger jump to the upside.
That's where I would look for:
A loss of that level
A reclaim ( possibly a swing failure pattern, ie, wick below and close above the lows )
A change of market structure
A long trade entry
This is assuming we come back down here, of course. If we don't, then we look for the top of the range for vice versa option or a continuation of this incredible bullish trend where we find support at the highs and continue on.
Always keep in mind that we may not get the SFP and the close back above the lows, this could take patience if we start to see a back test of them laws, and a loss of that level.
Losing BITGET:BTCUSDT.P $36,000 ish would look more bearish and we might even end up closing the CME gap below.
Just sharing some thoughts, so you are aware of the range that we're in. Sometimes I miss these things and they could be really great opportunities for both long and shorts until one side breaks.
This is not financial advice.
USOIL BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
USOIL pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 1H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 68.98 area.
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Gold, strong support coming inHello everyone,
after the election in the US Gold started a sharp pullback and lost 9% within 2 weeks.
Now the price reached very strong support zones, built from former consolidations. These zones also match with order blocs on the weekly, 4H and 1H time frame (not shown on the chart).
The RSI is highly oversold and the drop was the biggest one this year. All in all I think it's time for a correction at least.
According to the Elliot wave theory we finished three waves down, the C wave was formed by a five wave move which is very common on five waves. If you are interested in the micro count, let me know in the comments.
The orange area shows the potential resistance for the larger B wave. The green support zone should ideally hold to keep the bullish trend alive and the upper zone shows the fifth wave targets. The price could easily extend to 3000 dollar before a major correction should come.
$BTC about to top-out?Not exactly sure where we will turn around, but RSI looks almost identical to last cycle, just ~30% shorter cycle?
It kind of looks like the move is manipulated this time? Might be because billionaires buying off-market through Coinbase way more this time than last time.
Also the lower 30k's looks attractive even tho I hardly doubt we will go there, except we starting bear market early this time. If price retrace to 30k to 40k - chart would print Inverse Head&Shoulders, at around 28k there is 3 White Soldier pattern on weekly chart, that act as strong support, wouldn't be surprised if we dip to those levels for a day or two if we get black swan event.
If we still in bull market then price should't go below ~80k. And correction of this size would start altcoin season.
This is weekly chart so of course no actual telling will this happen this week or 10 weeks later, just an interesting look. And RSI might lose it's bearish div if we pump enough.
Everyone saying BTC will go to over 120k or even over 300k, this dump would be something beautiful for new entries.