Scalping
Approached the inclined level. Buyer weak, time to sellThe instrument, after a long growth, came to a sloping support line. Volumes are declining, which tells us about the weakness of the buyer to push the price higher. I expect a pulse breakdown of the inclined level with the support of volumes in the seller's glass, its retest and the reduction of the instrument to the lower support levels.
4 level touches. Getting ready to fall!The coin has grown well. The price approaches the local maximum around 0.1956. We see weakness on the part of buyers, large red candles and shadows. I expect a pin of 0.195 and a rebound from that level below. In support, an oblique level with 4 touches has formed, the next approach may be the final one before the breakdown. PoC Volume Level Targets
High BITCOIN network activity (Correction)Hello Traders
As you can see in the chart above price had a bullish momentum; in the past week, Dollar Index had a death cross and decreased, which can sustain this bullish movement of bitcoin.
On the Onchain side, I screenshotted a metric from Glassnode called Net realized Profit/Loss, which is the net profit or loss of all moved coins. The metric value has decreased drastically, indicating a bullish price move. Massive on-chain activities showed that old wallet had also moved their bitcoins in a loss. Indeed, there is a risk of volatility for the price, but I can see a correction before the continuation of the price, and I believe price can see higher prices.
Note that this is an Intraday analysis and is only valid for a couple of days or even hours.
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DODG - Golden Cross! DODG daily chart with a recent Golden Cross. A potential break-out is on deck which - looking very bullish for the dogecoin.
Fisher (DW) trending bullish and looking similar to the big run up in early 2021. Price is getting support from the 50-day MA, MFI trending bullish, and the RSI is currently still above 50.
Also, lots of high volume support at/near the current price from the 2021 run-up. OBV remains pegged on longer term timeframes. Good low risk entry.
Adding a little more now - and will look for an actual breakout and confirmation to add more. Scalp trade.
NFA.
Bitcoin Day Trading Setups, Scalping Entries🖥️ We have determined there is a 75% chance Bitcoin will RISE from our current entry point.
📉 LONG - BTC : $16,605 📉
💵 Length of trade: we are expecting BTC to hit a $250 scalp, with a high end of $350 - minimum expectation $175.
🕰️ Duration of trade: we are expecting a possible fast spike going up 150-200pts, then BTC to makes its way up to the prior level 16.85-17k by market close Friday.
📊🖥️ INDICATOR SHOWN ON CHART : Scot Signal Indicator
Coin on volume. Bounce from the resistance zoneWe observe strong growth in the asset. It is traded on increased volumes. Bitcoin has passed to a strong resistance level, can spill the entire market. Also our asset in the sellers area on a round number. Candles are closed with shadows, buyers have little strength. I expect a rebound from the level. Target - PoC volumetric level
The coin is trading on volume. Breakout of local highsA horizontal level has formed, there are clear 2 touches. The price is consolidating on increased volumes, there is support (noted in the screenshot). Potentially, I expect a local squeeze near the level to confirm the breakout scenario. I recommend going in with increased activity in the glass after the fact of breaking through the level.
NAS 100 I Short scalp from resistance Welcome back! Let me know your thoughts in the comments!
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EURUSD 2nd Jan 2023 Analysis EURUSD really looks stable in the coming days. What we have observed here is every single day it is trying and most of the times it has broken the previous days high. Following are some of the datas :-
* 20 Dec - DH 1.06588 , DL 1.05793
* 21 Dec - DH 1.06458, DL 1.05902
* 22 Dec - DH 1.06599, DL - 1.05774
*23 Dec - DH 1.06328, DL - 1.05733
* 26 Dec - DH 1.06348, DL - 1.05989
* 27 Dec - DH 1.06696, DL - 1.06114
* 28 Dec - DH 1.06747, DL - 1.06115
* 29 Dec - DH 1.06909, DL - 1.06067
* 30 Dec - DH 1.07134, DL - 1.06387
For 2nd Jan 2023 - below are some of the important levels :-
R 4 - 1.07051. S4 - 1.06178
R3 - 1.06834. S3 - 1.06399
R2 - 1.06758. S2- 1.06470
Downtrend. Breaking through the level on higher volumesThe general trend is downward. The coin formed a horizontal level of 9.10, confirmed by several touches. At the increased volume, the instrument broke through the support level in the downward direction. I expect the continuation of the downward movement with the support of volumes in the seller's glass and the movement of the instrument to the lower support levels.
Double or flat top...Interesting things are printed here. Just broke out from the bull flag. It could be double-top finishing or flat-top starting. On higher TF we have space for further movement up also, but the lower timeframe oscillator looks ready for some cooling-off action. Either way, YFDAI is an interesting one to watch.
Set alerts on important levels (on the chart) if you would like to follow this one.
Good luck traders
Bitcoin Scalping Signal for Day Trading🖥️ We have determined there is a 70% chance Bitcoin will RISE from our current entry point.
📉 LONG - BTC : $16,821 📉
💵 Length of trade: we are expecting BTC to hit a $250 scalp, with a high end of $300 - minimum expectation $150.
🕰️ Duration of trade: we are expecting this to occur within a couple hours of market open Tuesday. And we can see this continuing until tomorrow. We are looking to a more positive week, pending no negative news impacts on the market.
📊🖥️ INDICATOR SHOWN ON CHART : Scot Signal Indicator
Large volume. Breakdown of levelsOn the air, the volume has increased.
Also on the coin formed a cascade on the 1 hour TF.
I consider the impulse breakdown of the level after the formation of local trading.
Enter the level by delay. Exit limit.
Observe the PM and correctly calculate the volume of the position.