EURGBPEURGBP has been examined in different dimensions:
1- Strong supply and demand levels that I identify with my own indicator and system.
2- The structure of recently formed waves
3- Current market momentum
4- The structure of classical and price patterns
In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis.
In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram.
Pond
POND/USDT 30x Potential In Next Bull Run..?Technical Analysis for #POND/USDT:
The current trading price for $POND is at $0.01, which represents a 97% decline from its All Time High, and only a 60% increase from its recent bottom. Based on the chart, a significant move is expected in the coming days.
It is recommended to accumulate small quality for long-term investment purposes.
The best entry point is within the entry box, which ranges from $0.0075 to $0.01.
The stop-loss order should be set at $0.058, which may seem large, but is necessary to protect against potential losses.
The expected targets are high, thus presenting an opportunity for significant returns.
If the $0.0070 level is held, a big upward move may be seen.
A 30x increase is expected in the next bull run, with R1/R2/R3/R4 serving as the target.
The resistance levels to watch out for are at $0.027, $0.049, $0.1, and $0.23, while the support level is at $0.070.
The major resistance trendline is represented by the white line, which, when broken, indicates the potential for significant growth.
If gains are significant, it is important to keep in mind the stop-loss order to protect against potential losses.
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your opinionOur trend is upward, so we expect correction and then growth
Considering the important area and the important level of Fibonacci, it can be said that the growth starts from that area
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👤 Banipal : @hosseinbakrani
📅 02.20.2023
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FX:EURGBP
$pond will surprise everyone $pond #pond Layer 0 project. Listed on #Coinbase, $btc pair sitting on ma200 4H, D; consolidating under resistance. Tp1: 149; Tp2 229; Tp3 541 sats. Usd pair looks juicy too, accumulation from May 12. Pond looks like $matic before it starts its rally from 120 to 6500 sats.
GBPUSD Mid-Term AnalysisSep 27
This Analysis was done using my full Strategy which includes:
- Smart Money Concepts
- Multi Timeframe Liquidity and Market Structure
- Supply And Demand
- Auction Thoery
- Volume Analysis
- Footprint
- Market Profile
- Volume Profile
- etc
This expectation is a framework in order to look for a potential trading setup, I don't just execute based on this levels, I always wait for confirmations on lower timeframes
Links for free teachings + full mentorship down here and on my profile
GBPCAD Short opportunityThis currency pair has more room for decline.
The general trend of this currency pair is downward. Britain is suffering from a family spending crisis that is weakening consumer power. Political uncertainty also has a negative impact on the pound. On the other hand, the Canadian dollar still enjoys the flexibility of the US economy and usually follows it.
POND breaking outPOND is a crypto of Marlin protocol providing a high-performance programmable network infrastructure for DeFi and Web 3.0. Like other Web 3.0 cryptos, POND has well performed recently.
After losing 95% of value form its ATH, it has consolidated in a Darvas box since 2 months and a half.
High volume trades have been realized and pushed the price to go up. The MA 50W was broken and the Darvas box is likely to be as well.
I'm using Fib-retracement to highlight the major levels of POND if the new trend is up.
Here is the referenced setup for this trade:
Entry when there is a 1D candle closing out of the Darvas box and above the Fib 0.236 level, i.e $0.01543. One could also enter when the Darvas box is broken, i.e prices closing above $0.0144.
SL below the red line, $0.0088
Darvas box pattern is invalidated when there is a 1D candle falling and closing inside the box (after breakout). The trade must be stopped in this case.