POLKADOT PERSONAL ANALYSIS IN THE SHORT TERM (RE-SHORT RETEST!)The total evaluation for the POLKADOT asset is completely bearish. Please be warned of your risks and make sure to manage it properly. I see the same confirmation candles as well in the daily for a potential reversal to the upside, take your profits always and remember to short at great levels of volume congestion for a bigger edge. A retest on the support we failed to hold will most likely be a proper target with a potential to make mega dumps even further.
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Thank you for reading! Remind you that this is a 1H chart since the movement is more clean rather than 4H chart and 1D chart which are mostly jumbles. The 1H chart even explained how we broke through an important resistance from the bottom forming a bullish flag. Like this chart? Share it, bookmark it, save it -- its yours, for free!
Reversalpattern
ETHEREUM PERSONALY ANALYSIS IN THE SHORT TERM (SUPER BULLISH!) The total evaluation for the ethereum chart in the short term is bullish. Please be mindful of your risks as usual and the only reason as to why I am writing this with bullish sentiment because as you can see in the chart, the volume profile gave us a clear indication as to why we did not dump for 3 days because of the fact that this area has so much volume congestion of trading activity -- it literally served as support. We might reach 1800$ at this point or depending on the trajectory we might even get a second retest at 2,000$. Goodluck everyone!
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Dollar Currency Index (DXY), 4-Hour, Supply reactionI think there is a probability of a correction in the dollar index. We can notice a false breakout of the trend line and price reactions to the supply zones. It is not a perfect reversal or correction pattern (because there is no higher high), but we can expect it is a break of the structure (because of a supply reaction). Anyway, we should be careful on the nearest uptrend line and look carefully at the construction. Don't expect far TP as we have an overall uptrend.
ZB achieves a significant Support areaZB formed an obvious reversal pattern (Head and Shoulders) in the last months, taking the pattern's MA 209 As a Neckline. the break of it kept moving the price lower. Breaking the support area you'd probably take the price to lower until achieving the potential target which is equal to the distance between the Head and the Neckline.
QQQ - A potential reverse pattern to the downside
QQQ - A potential reverse pattern to the downside combined with Elliot wave patterns. Price could fall to around 240-228
if it collapsed below 276. Current support is at 294. Bulls will attempt to defend this area to drive back to 312. Failure to hold at 294 will push the price down to 283 and 296 trading zone
USDJPY | Perspective for the new week | follow-up detailsThis is a follow-up detail on my previous analysis of the USDJPY where I am still holding on to a bullish bias in the coming week. In this video, I shared my technical opinion on my expectation this week as I look forward to a potential rally continuation above the 137.000 area.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
AUDCAD short opportunity 🦘🍁6:30 am UK time see an alert on my AUDCAD 30M reversal strategy.
Reversal trade identified and entered.
Working the 30M timeframe.
Trade details can be found on the chart in red label.
Trade box is tracking the trade.
Trade currently running in blue but we'll see where we end up as it has also been in draw down at the start.
Want to know how I identified this trade you know what to do.
Thanks for looking
Darren🙌
GBPUSD long shaping up well 👊GBPUSD long trade running from overnight.
Reversal trade identified and entered.
Working the 30M timeframe.
Trade details can be found on the chart in the green label.
Trade box is tracking the trade.
Want to know how I identified this trade you know what to do.
Thanks for looking
Darren🙌
GBPCHF Next move?Hello Traders around the world!
Lets talk about the plan on GBPCHF!
As you can see, the price of GBPCHF is heading towards a mass psychology since 2020 at 1.11139.
This area is amazing for long positions, I will be waiting for a reversal pattern on the rejection line or the lower trend line to execute the trade.
Patience is key.
#THEPRIMES
BBBY Breakout Zone $we formed a triangle last Friday , now we have one critical level to confirm the breakout and going towards the 16.20$+, which is breaking the 12.51$+ resistant.
cause if we didn't had that reaction and broke the triangle from below we going to have a visit for the support above the 8.24$, and the bottom above the 6.50$ , if we didn't hold above support level .
Is it ripe to sell USTech100? | New perspective for the weekFrom a technical perspective, I have identified a simple setup in the form of a trend continuation pattern where there is the possibility of either a breakout or rejection of this trendline to send price, either way, this new week.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
LINK PERSONAL ANALYSIS IN THE SHORT TERM (WOW, POTENTIAL!)The total evaluation for the LINK asset is bearish, however a sudden dump would almost always warrant a potential re-test of the said lost support. We have 2 confirmation candles on the daily signaling a potential reversal as well as the amazing volume profile range to indicate that we are currently sitting at a valuable support of 6.80-7.20$. We probably wouldn't see any extreme dumps for a while considering how the SP500 and the NASDAQ (despite their mega bearish scenario) will often retrace before a further dump.
Please be mindful of your risk, go to sleep with a stop loss so you won't suffer any forms of insomnia or paranoia.
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HEXO Swing LongNASDAQ:HEXO
HEXO is reversing like its peers within the MJ sector;
As a low priced penny stock it is likely to experience
high relative volume.
The bullish increase in relative strength on the RSI
confirms the trend.
See also my ideas on POTX and TLRY.
Island Reversal PatternThe Island Reversal pattern is when increased distributions in overnight activity cause gaps up and eventually volume exhaustion a second gap down forming an island of candles.
The Island Reversal can be Bullish (inverted island) or a Bearish Island and is preceded by lengthy trends with a reversal trend the other way.
No real profit targets for the island reversal. I would just use the island as a head as it seems to fit the profile of a head and shoulders pattern or double top / bottom.
Island Reversals are not common and traders are mixed on the results.
Credit to Vixtine for island reversal.
ETH/USDT : Formed reversal V pattern BINANCE:ETHUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
We have taken all of the Targets on $ETH's short and now,
There's a formed reversal V bottom.
It's also can be known as a Deviation below the neckline!
$ETH has retested the neckline and it could be a good option to take Long towards $1818 as a higher S/R line with a stop-loss below the current local low.
I'll split my entries into two points.
- $1590 ( First Entry )
- $1565 ( Second Entry )
📝 The reason that I added $1565 is that we have a swing low below there and $ETH might go for a sweep before any major leg up.
Also, You can trade with an invalidation strategy based on a trigger entry above $1670.
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
double bottom on 1H BTC chart?I was watching this demand zone very closely and looking for a good price reaction.as you can see,BTC has formed a double bottom pattern which is fundamentally a reversal pattern.I expect a upward move toward 22000-22200 zone.but be careful,this is a scalp trade and thus much riskier.if you are not a scalp trader,it's better for you to watch the market for now and simply sell the highs!good luck all!
(also check out my ETH idea it went perfect!)
USDJPY | Perspective for the new week | follow-up detailsAfter taking advantage of a huge bearish momentum that gave us over 250pips move last week; what is my plan against the new week?
See the link here (last week's follow-up detail) for reference purposes here 👉🏽👉🏽https://www.tradingview.com/chart/USDJPY/GKLQd1eD-USDJPY-Perspective-for-the-new-week/
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
EURUSD | Perspective for the new week | Follow-up detailsThe Euro was unable to hold to its two-day gains, as it dropped and closed below the new key level at the $1.02800 area to set the tone for a possible risk of further decline in the coming week. In this video, I have explained in detail the possible expectations that we could be seeing this week and how I intend to take advantage of the bearish momentum when structures eventually mature for the move.
Last week's update on the EURUSD is here 👉🏽👉🏽https://www.tradingview.com/chart/EURUSD/BcmHVaoY-EURUSD-Perspective-for-the-new-week/
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
CHFJPY | Perspective for the new week | Follow-up detailsThe JPY still remains the weakest of the major currencies, and that has helped to propel the Swiss franc higher as well. However, from a technical perspective; the appearance of multiple rejections of the 142.200 which shares a confluence with the resistance level of the descending channel identified on the higher time frame. So, I am still leaning towards a bearish bias on this pair.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
BBBY Reversal $ Target we have huge bearish momentum after hours after we got rejected at our resistant around the 28$, now we have to have a reversal above the 17.60$+, in order to retest this resistant and have a breakout and squeeze over the 30$+, other wise the short will take the price to the bottom price above the 13$+.