BTC Dominance retraced to the discount on this daily leg and broke structure to the upside before taking the sell-side-liquidity. BTC Dominance need to retrace to the premium zone to fill the inefficiency on the weekly / monthly timeframe. Once we see a lower timeframe confirmation around the 56% level, we can prepare for the altseason. Until then... Brace yourselves.
Liquidity grab sellside liquidity on high timeframe 4h, Range low bullish reclaim. Stacked 4h support, 1h support, 4h demand, 1h demand to support flip. MSB 2h and 1h, breakerblock 1h, confirmation by macd in oversold area and crossing from bearish to bullish on the 4h. Volume displaying bullish strenght to the bullish price action. Smart money concepts.
if that setup stops. we will go higher and I will take it as msb. when price bounces back(which is I will tell) we will long it at that area. it will be swing position and 1R. also we will go sideways for few days. good luck.
Currently, the chart plays not pretty well. The lq grab was in the middle of the high and low, and the structure break didn't close outside. Now it'd better to watch and wait for a clear momentum or direction to happen.
Here are a few stocks that are on my watchlist for swing and positional trades for this coming week. What are your picks?
I saw a really interesting chart from MartyBanks about DoDo, I've linked it in the related ideas. So I decided to look back and chart DoDo. After a massive dump it found support on the weekly level and more recently bouncing from daily support. From there we had a clear market structure break on the daily. You could make a case and say that we actually had...
GGG is retesting after its first bullish MSB in a while. I'm adding more GGG at the .786 retracement from the MSB swing high and low, $0.8749. I'd like to see good moves for this but trading with a SL is always recommended, even if you're feeling bullish.
I got my first long target at .03269, I still have my order at .03200 open. CERE has come off a pretty clean MSB and I'm adding to my position here. SL placed at .02925
Sentinel One is a a relatively young cyber security company which had it's IPO last June. It was safe to say the IPO went well, it was the highest-valued cyber security stock IPO. 40.3 was the lowest price wicked to, that's the area of monthly support we're essentially at today. Cyber-Security is a fascinating space, S is a chart to keep your eyes on if you have...
Rice is an integral part of life in many countries, particularly the ASEAN region. It also plays a key role in the economies in the some of world's most populated regions. Countries like Malaysia have seen annual growth in exports of 6.3% annually over the last decade. Rice exporting leaders in the region, Thailand and Vietnam, have also maintained small growth in...
Right Now, BTCUSD is seemingly in the long term bull trend. On 4H, We see a clear bullish divergence. Though the divergence alone is not a confirmation of a reversal and bull trend continuation, the fact that BTCUSD price is near the major trendline on Daily Chart as suggested in the previous analysis (), and piercing the resistance line on H4 combined give enough...
BTCUSD is currently in a long term Bull run. Currently, the asset is undergoing a decisive movement. The trendline shows we have almost bottomed out. A little downward movement further towards the 50K-52K level making our trend still valid on 1D Chart. Since we are completing the 4th Elliot Wave , it is a very good chance to take a long position, managing the stop...
CL has broken market structure - it formed a LH & LL. Taking a LONG countertrend trade on the retest of the former 1H bullish OB, expecting a new LH to form in the coming hours. TP @ FIB 0.705 after which a SHORT trade could be considered depending on PA.
MSB has been consolidating until recently when it spiked higher and pulling back currently. This could be a buying opportunity as long as its 50SMA support holds. I will be watching price action at the current levels and targeting the upper Resistance level of $2.95 with a tight stoploss below the swing low or the 50SMA at $1.80. Please note these are my own...
1. Price has plummeted down and stopped at exact upward sloping 50 Months Moving Average 2. Price got support exactly on the 200 Weeks Moving Average 3. Price got support at a very strong Monthly Support Level I believe this is a great medium to long term buying buying opportunity, as price got supported at many confluence levels, as this might be a Higher Low on...
I hope you find my analysis useful. From what I can see, price seems to be holding within the trend channel (bullish sign) The moving averages are beginning to cross, and as you can see in the past, when that occurred, price rose (bullish sign). Price needs to hold above the lower trend channel and break past the .786 fib to confirm bullish price...
The market BROKE the Bearish structure weeks ago ,then returned to the Origin .... Going for a long Buy
MSB is developing Ryoncil - an IV stem cell therapy for the treatment of acute graft versus host disease (aGVHD) in paediatrics. aGCHD is a potentially life threatening (up to 70-90% mortality) complication of bone marrow transplants (indicated for leukemia/lymphoma etc). Ryoncil has been accepted by the FDA for priority review with a PDUFA action date of US 30th...