Price-action
EURUSD HTF Price Action Analysis(Monthly)Hello Everyone
First of all, this one is for educational purposes and definitely not for trading or any sort of investment advice, therefore it's only an analysis. Since this is a monthly chart, you can clearly see Eur is still in a downtrend and the recent retest of the supply zone clearly shows bears are in control and the price stuck in a huge range. If the quarterly demand area can't hold the sell-pressure. Next target of the sellers would be the lows i've marked on the chart. And if it doesn't provide enough buying liquidity, next support is also marked on the chart. In order to create a bullish signal, buyers need to push the price above the orange area and should reclaim this area with a retest at least for couple weeks to give an impression of now the buyers are in control.
Although, since Eur is a currency, others factors such as inflation/cpi and dxy should be taken into account in order to make an assumption.
BTC Potential for next year 2022. So previously on my Twitter, I called the top where i did indeed take a sell position, but never the less looking more in depth into the coin. We can see what I saw the last time BTC dropped from 55k to 30k just on a bigger timeframe. I am referring to the fact we have a Trendline which is currently being either tested or broken around the 47k-52k mark. As you can clearly see we have created a pin bar candle just in between the 20 and 50 day ema followed along by a straight bearish candle which shows no upside wick. That gives me an indication we could easily retract to the top of this candle giving hope for the trend line but i do strongly see rejections followed @ 52924.50 where shorts will be taken down easily to 19666.00. Once we reach my target i do potentially see BTC as a healthy market and i look to invest monthly into it as a growing asset.
4th of July all over again for chainlinkLooks like Deja Vu. Chainlink is echoing the falling pattern that took place in the beginning of July. Looks possible we may see a wick hitting on or close to the $13.00 range. Getting nervous as I'm publishing , fear of missing profits while I'm typing. Good luck keep your figures crossed and take profits along the way. Upside....$13 dollars an awesome buy for Link for those who missed it last time.
EURUSD LONGI cant provide the full analysis because trading view asks to be in a 15 minute chart.
But i will explain why do I think is going long.
So we had a price inefficiency on 2 minute time frame when the price went to mitigate that gap made a really good and valid SC so im just waitng that price mitigates that to indeed go bullish.
Crypto Daily Market Update - Neutral - Ethereum Hits Resistance!In this video:
* I run down the crypto charts in attempts to gauge current sentiment
* I take a look at outside indicators and influence, such as the DJI and Nasdaq
* We take a look at the VIX
* Overall, we are in neutral territory and must keep out eyes on the stock market price action as it will influence us in the crypto world.
Price Action : Cardano, Where is the best zone to buy?Identify
Cardano : ADA
Market Caps: 50B (6th globally)
The long-term trend is an uptrend when the price makes a high, higher than the previous high. Price peaked at: 3,085 USD (According to Binance) and is trending back
So where will the price go?
According to my method, the price will go to 2 places, the old top or the old bottom. Currently, the price has broken the old peak (area 2.3 - 2.47) and has returned to retest 2 times and succeeded.
It is predicted that the price will go to the previous strong buy zone and then continue to rise in the big uptrend.
Potential buy zone is 1.03 - 1.16 USD
Price Action: Bitcoin next week 20.11 Bitcoin just made a new record price at 69,000 USD (according to Binance)
Price is trending back.
Target 1: The old peak coincides with the 0.5 - 0.618 Fibonacci zone.
Buy zone: 51000 - 53000
TP: 76700
SL: 49000
Target 2: Old bottom
Buy Zone: 39600 - 41000
TP: 76700
SL: 36800
SL can only be up to 2% of the account.
Manage your capital before thinking about profit
Review BitcoinLocal triple bottom structure is promising, with no more fud this week I believe we've just witnessed a local bottom 👀
I hold BTC and tend to believe that you also hold it, if I am wrong - it's time to buy.If $58k support is lost, bulls are no more in control and we'll see some distribution or accumulation in $54k - $58k flat zone. If $54k level is broken, bears are in control and I'll sell my crypto. Note that it doesn't mean I have a stop loss just below this level! A fakeout is always possible and it would be absolutely stupid to place a stop loss a bit below support!
I hope this dump didn't affect you too much, don't fall for emotions!
trend change on GJ change bias to longAs you can see GJ was trending down making LH and LL
now im seeing a break of structure at 153.747 (no news)
if we close above this price for the day I will be looking to buy at a discount..
this is pure market structure and price action.. no indicators. may use a fib once this set up is ready..
DeGRAM | EURUSD forecast for the week. Pullback from 1.142The instrument is still in a bearish mood, the sellers dominate the market.
After consolidating under the strongest support at 1.162, the price falls to the lower border of the descending channel and just there the old support level from June 2020 - 1.142 passes, but the price stopped at the level, we see a slowdown in movement and a decrease in intraday volatility.
On the distributive movement, the price at the end of the week approaches a strong zone, I do not think there is energy to continue the movement, I assume a false breakout and a price rollback to the nearest resistance at 1.1523
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Thanks for your support!
GBPUSD UPCOMING - Movie Trailer
· Here we drawing gbpusd upcoming movie trailer.....!
· Here structure pattern - Harmonic + RSI + Cat Out + Tradeline Breakout + Fundamentals + IC + Bottom liner with prediction analysis.
· Here you can see bullish & Bearish Forcast Analysis.
· Gbpusd price 22 Nov 28 Nov under time 1.36 to 1.37 zone nearly price go down to 1.32 level possible.
· Here we mostly bearish version drawing.
· And also yearly closing date come nearly, so market high to higher voltage ⚡ fire possibility.
· Check the chart understand,, unwanted & wanted necessary.
* Previous chert check if don't understand this chart.
If impress our analysis, so like & share ur comments.
ADAUSD Short Term Targets in Channel Important things to note:
BTC looks like it is still consolidating in a flagging pattern for push higher.
Total2 is almost at its ATH.
BTC.D dropping like a stone.
Lot of ugly patterns for alts at the moment.
ADA is still in short term bearish structure.
However descending channel signals upward breakout.
I have noted important levels on chart.
Important dates:
BTC ETF Deadlines Nov. 21, Dec. 8, Dec. 11 and Dec. 24.
Hey everyone sorry I have been posting a bit less. I have been fighting through internet outages and have been busier than usual due to that fact. Overall the market looks fine. BTC is consolidating in a flagging pattern while its dominance is still heading south. Total2 is nearing its ATH thanks to ETH. However I see a lot of ugly looking patterns for a lot of alts which is making me believe there might be some cooling off in the near term. Because of this fact, I have noted both upside and downside targets for ADA. I also noted the level that needs to be crossed for bullish targets to be considered. This is all fine as long as the PA staying within the descending channel. After all, the descending channel itself is a bullish signal. So, I am guessing the reason for all of this is just last minute money moving around. November is right around the corner and that is when the majority of assets will begin heating up. I personally am done with my rotations. However, there is still time to do so. You might want to give it a day or 2 to see how the PA is looking before you do. I have started posting charts on other assets I am in. So feel free to take a look if you want. I have said this a million times but I highly recommend diversifying your assets. That is a basic investing rule along with rotating. Consider this or you will be subject to unfortunate opportunity costs. As always I will continue to update you all! Thanks again!
I am going to make a video soon teaching everyone my approach to charting. I will cover the entire workflow process I go through. I hope you enjoy it.
Tell me what you think?
This is not financial advice. DYODD.
Xauusd/Gold Bearish Forcast
Xauusd (Gold) Bearish Prediction Analysis Structure:- Harmonic + RSI + Breakout
1. Possibility first time gold price hit 1792/1804 level.
2. Ñext this to price go down to 1740 nearly.
3. 1792 & 1804 this to level broken the trade line so possibility here to again back 1740 nearly level.
4. Second rad harmonic pattern here bullish harmonic (deep crap). This pattern buy level 1740
5. If check the chart so below you can RSI here we drawing prediction downward & here bottom box means bounce level in buy side.
6. But remember, two extra support (1760/1750) level we drawing here, because here to possible also bullish, so be alert.
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By FX Analysis Team