30% collapse by Wealth Fargo (WFC)Wells Fargo (WFC) recently tested and briefly exceeded the key psychological resistance at $60. However, this move above $60 was short-lived, followed by a strong downside wave accompanied by significant selling volume. This price action could be an early indication of potential weakness.
Additionally, a bearish divergence has formed on the CCI oscillator, further supporting the idea of a possible trend reversal. Given these signals, WFC is presenting a solid risk-reward short opportunity that seems worth considering. Keep a close eye on this setup as it develops!
M-signal
NZDJPY Expected Growth! BUY!
My dear friends,
NZDJPY looks like it will make a good move, and here are the details:
The market is trading on 89.069 pivot level.
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 - 89.884
Recommended Stop Loss - 88.645
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
———————————
WISH YOU ALL LUCK
APPLE Set To Fall! SELL!
My dear subscribers,
This is my opinion on the APPLE next move:
The instrument tests an important psychological level 228.86
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 219.98
My Stop Loss - 233.40
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
Bitcoin In DANGER: Price Band ReversalIn this analysis I want to come back to an analysis I made back in March and June this year. I talked about my Logarithmic Price Bands indicator and how it has successfully predicted a BTC top around in the yellow band.
Over two months after the analysis, the price has fallen through the yellow price band again.
It's looking like BTC is losing upward momentum quickly. The final nail to the coffin of the bullish trend would be some sort of -10% or larger drop in a single day. Stocks are also eyeballing a recession risk with the bond yield inversion un-inversing, so it's not far-fetched that BTC can drop 30%-40% from its current value.
The long-term trend is still relatively bullish, but we can't have too many weeks more of this slow bleeding, it's killing momentum and interest, which is bearish.
Ideally, one would start scaling in once the price reached the green area, which is currently located between 18k - 41k. I highly doubt BTC will go below 30k again (looking at the BTC dominance), but you never know.
Bulls have to really start showing some force. Not just a few days of +1% or +2%, but a real >10% break out to stop this 6-month pattern of bleeding.
Share your thoughts!
Long Setup on SOLUSDT / Setup SettingBINANCE:SOLUSDT
COINBASE:SOLUSD
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
0.001276
142.00
144.20
147.14
150.3
154.19
🔴SL:
125.42
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
AUDJPY Trading Opportunity! BUY!
My dear subscribers,
This is my opinion on the AUDJPY next move:
The instrument tests an important psychological level 97.397
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 - 98.106
My Stop Loss - 96.942
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
GBPUSD Massive Short! SELL!
My dear followers,
I analysed this chart on GBPUSD and concluded the following:
The market is trading on 1.3112 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probableBearish continuation.
Target - 1.3102
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
———————————
WISH YOU ALL LUCK
MASA - LONG Hello, friends! Today, I reviewed the MASA coin. It is moving in an ascending triangle, and we see accumulation in the middle of the triangle. The coin has great potential targets. I expect a slight correction, where I consider buying. I have indicated the targets and stop-loss on the chart.
SILVER My Opinion! BUY!
My dear subscribers,
SILVER looks like it will make a good move, and here are the details:
The market is trading on 28.352pivot level.
Bias - Bullish
My Stop Loss - 27.917
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 29.195
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
———————————
WISH YOU ALL LUCK
AUDUSD USD Set To Grow! BUY!
My dear followers,
This is my opinion on the AUDUSD next move:
The asset is approaching an important pivot point 0.6733
Bias - Bullish
Safe Stop Loss - 0.6700
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 0.6784
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
———————————
WISH YOU ALL LUCK
Ethereum 8-Year Rising Wedge: Bearish Break Out!In previous ETH analyses I talked about this huge 8 year wedge pattern on the ETH chart. Where my initial takes were bullish, we've seen a bearish break out as of last week.
From a neutral point of view, this is 100% bad news. ETH will likely fall more and move towards the 1000$-1500$ area (yellow).
Might be a hot take, but most alts have been performing extremely poor recently and are down 60%-80% from their 2024 tops. Bitcoin is holding up relatively well, but that's because the BTC dominance increased by a factor of ~1.4x this year. Money is flowing out of alts (including ETH) and moving to stables and BTC.
What do you think? Will ETH drop more, or go back up?
DOGSUSDT📊 #DOGSUSDT
⏱ TIME: 30M
📝The price broke its support level and moved down.
It is now pulling back to this range and is expected to move towards 0.5 and 0.618 fibo from here. The range (blue box) is checked to see if it has reversal potential.
But if the green range is broken and the blue trend line is broken, it has the potential to move higher.
+ If it goes up, the analysis will be updated.
+Note: the probability of downward movement is higher than upward movement
⭕️risk: HIGH
📍BUY ZONE:
CHFJPY: Bearish Continuation & Short Trade
CHFJPY
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell CHFJPY
Entry - 172.60
Stop - 173.43
Take - 170.95
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
Altcoins Can Drop Another 75% - Worst Case Scenario!In this analysis I want to talk about a long-term parallel channel on TOTAL3, which is the total marketcap of all altcoins.
Preface: before everyone gets offended etc, this is not my most likely scenario. Big chance that this pattern won't play out. Nevertheless, it's important to consider different market outcomes. Trading consists of IF>THEN decisions. Ask yourself, if the market drops another 75% from here, what will you do?
Now into the analysis.
The parallel channel is constructed from the top resistance and anchoring that resistance to the 2020 covid dump.
As seen on the chart, alts lost over 92% of their value in the 2018 cycle. Currently, alts have lost 75% of their worth during the last cycle. If alts were to go down towards the bottom yellow support, they could lose around 85%-88% (depends on time) value.
In other words, if this worst case scenario were to play out, alts could lose 70%-7% of their CURRENT value.
Is this pattern likely? No. Should you prepare for it? Yes. Keep it simple, assume that the bottom support area is a great long-term entry point and can function as a bear-market bottom in case we go down further.
There is definitely some risk of a recession as per my last yield-curve analysis. Furthermore, the SAHM Rule Recession indicator (google it) signals that a recession is coming. If the stock markets would go down like in 2001 and 2007, we're in for a wild ride in crypto.
Happy to hear your thoughts.
USOIL The Target Is UP! BUY!
My dear friends,
Please, find my technical outlook for USOIL below:
The price is coiling around a solid key level - 73.59
Bias -Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 75.22
Safe Stop Loss - 72.61
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
———————————
WISH YOU ALL LUCK
TESLA Will Collapse! SELL!
My dear followers,
This is my opinion on the TESLA next move:
The asset is approaching an important pivot point 214.25
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 208.78
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
———————————
WISH YOU ALL LUCK
Yield Curve Inversion: A Warning Sign You Can't IgnoreThe yield curve, which shows the difference between short-term and long-term interest rates on government bonds (US10Y-US02Y). In normal market conditions, this number should be positive because the interest that investors require on 10Y bonds is higher than the interest required on 2Y bonds. Interest is a value of risk perception. Higher risk of default means higher required interest on bonds.
As seen on the chart, the moment that the yield-curve "un-inverts" (yellow circles) is a critical market indicator that can often predict upcoming recessions.
In the last 35 years, the un-inversion has always preceded a dump in stock prices and a recession.
Seeing this chart, it's not too far-fetched to assume that the world will go into a recession at some point in the next 1-2 years.
Bitcion FIB Retracement LevelsMy dear friend and fellow trader, I am writing to you today with great joy and pleasure.
We are currently looking at what can only be described as the most interesting, intriguing, and surprising technology of our time. This is the chart for Bitcoin.
1) Since March, BTC has been experience lower highs, as well as lower lows.
2) Since March, the highest volume in a single session has resulted in major selling.
3) Since March, there has been strong selling pressure each time Bitcoin tried to move up, and 70K became a major barrier in late July while 65K ended as the latest lower high.
Final fall? Bitcion Review #BTCAfter the last fall, you entered the zone of interest. Now, we are likely to go to the white box, from which we will see the final movement down and the subsequent impulse with the renewal of new tops or without dipping into the zone of 54-56k.
I look at the market extremely positively.
-Because everything is down right now -
Altcoins
-We've held the Bitcoin level.
-In a few days, it's September.
-Markets rise on fear.
Best regards @Forexcryptowithjohn
DOGSUSDT📊 #DOGSUSDT
⏱ TIME: 30m
📝The price is in the form of a triangle. If this triangle is broken upwards, it will cause the price to rise up to the specified ceiling. Green arrow, and if it is broken, the price is in a very important range. OK loss, half Fibonacci retracement can be a reversal point.
⭕️risk:HIGH
📍buy zone:0.00113 , 0.00099