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Still in from, avg, 1661🧵, TP, looking to add.
My 2 fav Elliotwave counts atm.
Again, no top call, could keep going.
IF...THEN.
Called the turnish, took the BTC long instead.
Missed pivot, by 5$... will work on this.
Pitchforks
The DXY Hitting an Energy PointThe DXY is showing signs of a strong reversal, zooming in we can see why, price has struck an energy point, 2 lines intersect to form support, aided by a median line of the Pitchfork. Double support is usually strong, triple much stronger. I would expect that the DXY is seeking a daily cycle low with a flag. I place lower probability for 11 October being a cycle low.
Eur/Usd Pair Chart 2023/2024My pattern in Eur/Usd for next #5 months,
The euro faces the Federal Reserve interest rate decision later today. EUR/USD reversed its direction and closed in negative territory below 1.0600 on Tuesday after rising to a fresh weekly high above 1.0670. The Federal Reserve's (Fed) policy announcements later in the day could trigger the next big action in the pair.
📈Bitcoin weekly prediction, 23K or 30K?📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hello dear traders. If the price of Bitcoin stays above Bollinger midline, Bitcoin can continue the bullish scenario up to the target of $28,000 and then around $30,000.
In this week, bitcoin price continues to move in an ascending channel (in yellow).
]f the price breaks the Bollinger midline, there is a possibility that the price will go down to the yellow area.
Overall, in my opinion, as long as the price of Bitcoin does not fall below the Bollinger midline, there is a possibility that it will go higher.
But if the price loses the yellow zone and the support of $23,000, the level of 22,500 to 21,500 will be a strong support for Bitcoin in the bearish scenario.
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US100 (NDQ) In Potential Reversal ZoneThe US100 index has hit the median line of a Pitchfork & showing weakness, it has taken a long time to reach this peak, looking at history it is likely to drop for 2 months towards 13,650. It so stretched that past 4 weeks price has been above the Keltner channel.
₿itcoin will go ✈️UP✈️ by Falling Wedge Pattern⏰(15_Min)⚠️Yesterday, after the news of the approval of the Bitcoin ETF was confirmed to be Fake , Bitcoin fell again after breaking the🔴 Resistance zone($28,450-$28,000 )🔴.
🔄Currently, the 🔴Resistance zone($28,450-$28,000)🔴 has become a 🟢Support zone($28,450-$28,000)🟢 in my analysis.
🏁In terms of classic technical analysis , it seems that Bitcoin has succeeded in forming a Falling Wedge Pattern .
🔔I expect Bitcoin to rally to at least the ⬆️ Upper ⬆️🟡Price Reversal Zones(PRZ)🟡 after entering the ⬇️ Lower ⬇️ 🟡Price Reversal Zones(PRZ)🟡 and reacting to the Pitchfork and Fib channel lines .
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🌐➕ Positive News ➕🌐:
FTX customers could get $9 B shortfall claim payout by mid-2024.
The number of wallets holding between 100 and 1,000 Bitcoins has reached an all-time high this year.
Cathie Wood Says 'Hopes Are Rising' For Bitcoin ETF Approval By SEC
🌐➖ Negative News ➖🌐:
US Government Holds $5 B in Bitcoin: WSJ.
Bitcoin (BTC) Collapses 8% as BlackRock Denies ETF Approval Rumor.
Binance Will Stop Accepting New User Registrations in the UK Starting Today.
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Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
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Gold, Back to previous idea >2000 +/-. 18/oct/23XAUUSD, just broke trendline liquidity probably with false breakout. Possible having a deep pullback toward 1888 +/-. Before resuming uptrend toward 2000 +/-. Where 2000 +/- is multi confluence zone of :- 1) Weekly Order Block 2)Yellow Upper trendline 3) Pitchfork parallel line and etc
SOl gonna rise or set?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
22.50 is my new level, 22.05 is the start of the area.
Broke down and found resistance under.
Bulls need to break and flip.
Either #Sol is the strongest or the laggardest.
Cheers!
MCG Still Seeking Weekly & Yearly LowMCG showing the battle being waged at the median line of a thin Pitchfork, still lean heavily on the idea that 5 July is potentially a Weekly/Yearly low point as we saw buyers step in around this level. The line that confirms a weekly low is the blue resistance & a close above the 10 week moving average. Should the share go lower than 5 July we would know that this cycle extends beyond day 35. The bulls can wait for a painless entry on confirmations, while longterm investors should not have a problem accumulating at current levels. The middle of the road approach would be deploying 30% of what is expected then another 30% on confirmation of a swing low should we go lower with the balance on meeting the parameters for confirming a weekly low.
A very important and vital area for decision makingAs indicated in the chart, gold is in a downward sub-trend in the weekly chart
The price went below the midline of today's fork and now it has returned to its midline after a correction. Now there are two possibilities:
1- The price will pull back to the midline and experience lower levels
2- The price of the midline should break upwards and return to the ceiling of the channel
But the important thing, please don't forget that this analysis is done on the weekly gold chart and it will not be a good signal for short-term or even medium-term transactions.