EURUSD - Bullish Scenario 📈Hi Traders !
On The Daily Time Frame, The Euro Price Reached a Resistance Level (1.07566 - 1.07934).
-The EURUSD Failed To Create a New Lower Low.
Currently, We have a Bullish Scenario :
If The Market Breaks The Resistance Level and Closes Above That,
We Will See a Huge Bullish Move 📈
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TARGET: 1.08900🎯
Scenario
Total (Crypto Market Cap) 1W until end of 2023Price is expected to move sideways until mid October between 1T and 1.115T
Starting mid October scenario is splitting into two: Optimistic and Realistic. End of October will show which scenario takes place.
Optimistic scenario includes prolonged sideways movement until start of November and consequent steady growth until the end of 2023.
Realistic scenario implies breakdown below 1T bottoming no lower than 922B and ranging there until February with possible false breakout on the edge of 2023 and 2024. Steady growth is expected no earlier than mid February 2024.
In my humble opinion, I tend to err to Realistic scenario and it is more aligned with my view of Others.
how 7-star buy and signal worksbuy when you get a buy signal and sell when you get a sell signal. if the candle passes sell signal then yoou have to buy again and sell at the next sell.
SYN is a fine example how our buy got detected on a bullish sentiment and you can see now buy anywhere and it's happeing on a 15 min candle
I recommend the next buy if there is a break at 0.95 and above.
Crypto trading is highly volatile. Trade with caution. DYOR
How a possible tradeplan could look like #BTCHi @everyone,
In this chart we explain how we could enter a trade if this scenario will occur.
Its used for educational content (but based on a real plan) to show how to create a plan on a possible scenario.
Always think a few steps ahead, its just like playing chess. Its not given that this scenario will play out but,,, : if this happen then we know how to anticipate.
We should wait for conformation (divergence), if no divergence? Then wait till 2nd conformation, if we missed out? Then wait for 3th oppertunity to enter the position.
Trading without having a plan, is like driving without hands on the wheel. It can go good for a while, but 100% for sure u will fail.
Cheers,
Team Quantistic
Bitcoin correction and forward! Plan "B" SHORT is there too!Subscribe and get a free trading strategy for Bitcoin and Etherium every day!
Good afternoon, we are going within the correction described the day before yesterday, now we will analyze with you the options to go up, as well as plan "B" to go short and continue the correction, now a lot depends on SP500 I write this every post, as it is really important, yesterday I asked you to be careful at 15:30, the result of consumer price index data was disappointing and we went into a forecasted correction. Yesterday and today there are withdrawals from the exchange reserve, big withdrawals and Ether... find out in the next post about Ether))) Bitcoin is trying to find support around 20k
Long
Bitcoin needs to consolidate above the 20500 level, break through the 21500 level and consolidate above it in order to continue its local upward movement. For now, we will watch how we consolidate above the 20k level. Extra target for the correction remains at 19500.
Short
Short scenario for Bitcoin, a move below 19500 and a test of this order block from below.
Be careful, good luck!
P.S.
I do not adhere to a time frame in my analysis of the instrument, the reaction in the instrument may occur earlier or later. It is important to understand the price movement when reacting to the level, as well as the reaction of the buyer and the seller. Well, a couple more secrets, but you already have some ready-made material)))
BTCUSDTSubscribe and get a free trading strategy for Bitcoin and Ethereum every day!
Congratulations to all traders who traded long, in earlier posts I wrote that I stick to the local upward movement in bitcoin. And so yesterday against the background of the ECB increase by 75 basis points, we got the long-awaited local correction of the dollar index, the dollar is getting cheaper bitcoin is getting more expensive. Let's consider two scenarios 1) conditions for continuation of the uptrend 2) under what conditions further Short
Long
Bitcoin needs to consolidate above the level of 20500 dollars now according to the cluster analysis, I see a strong buyer at this level. Strong resistance is 20885-21050 dollars, if we pass it, we go to 21500, and from there we will look at.
Short
The S&P 500 gives up its level, which we mentioned in the previous session, and bitcoin goes below 20500, breaking through 18500. If the S&P gives up, bitcoin will go very deep.
In the analysis of the instrument, I do not adhere to time frames, the reaction in the instrument may occur sooner or later. It is important to understand the price movement in response to the level, as well as the reaction of the buyer and seller. Well, a couple more secrets, but you already have a ready-made script)
$XAUUSD - Consolidating/squeezing Analysis
We are seeing a reset on the indicators are price is being squeezed between the 1M 20EMA and 1M 50EMA.
Scenario 1:
There is strong support at $1650 and it will needfind support at least 1 more time (perhaps twice) before it continues upwards to all time highs (+15)
Scenario 2:
If price breaks below 50EMA we could potential see a drop (-23%) with little support below.
BTC possible Elliot Wave ScenarioHello all my friends.
i hope you have good days and best things happen to you.
i have a possible idea about BTC moves.
in 1D chart historically we saw the first leg of correction with 5 wave ( I II II IV V )
that i mark it on my chart.
then we saw an extend B wave composed from 3 sub waves (A B C).
now we are in the third and final leg of correction i think , wave C.
we know that wave C typically have 5 sub wave.
and probbably we compelete 3 part of it.
so we can go up to 100% of sub wave 2 for introducing wave 4 (about 24000 to 25000).
after that if we dont see improvement in most countries inflation and
the SEC decision to increse interest rates we should go downward as wave 5 to about 14000 - 16000
and i think this will be happen.
after that BTC can make a bottom and after a while start a huge uptrend.
this proccess may take long time.
so be patience friends.
if you like my opinion plz like it and if you dont agree with me
share me your opinion in comments.
thank you all.
!!!NOTE!!!
MY POSTS ARE NOT TRADING AND INVESTING ADVISE
SO TRADE ON YOUR OWN STRATEGY AND CONSIDER MARKET RISKS.
BULLISH DIVERGENCE ON BTC CHART CAN PUSH PRICE TO 23-25k USDHello my friends, today I want to talk with you about BTC.
For last few days BTC fell more than 50% down from 31,500 to around 20k for now.
And for now at the deep from support zone 20,000-21,000 USD price created a divergence with RSI index.
As you can see BTC created 3 lows but the RSI index create new highs.
That means we can see upward impulse from a short-term perspective.
I think the price can bounce from the support zone and hit both targets.
Target 1 is level 23,000 and Target 2 is level 25,000 USD
So be ready for such a scenario.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment, thank you.
Sologenic 2023 bull cycle price scenario 2We have a lower inside pitchfork going into the 2023 bull cycle with more palatable price points. For the month of November, we have a high price of $95 MIddle price of $60 and a low of $37. If the bull cycle is in December/January then we have a high price of $413 middle price of $261 and a low price of $164. Clearly, these seem more attainable given that Sologenic is a Layer 1 protocol and is also on the XRPL (xrp ledger).
[Bitcoin] Possible scenarios in future#Bitcoin #Daily #ElliottWave #Scenario #Tommy
- These are some of many scenarios that I am personally considering from the Elliott Wave Theory perspective. Numerous technical factors that are observed frequently especially in recent financial market such as widening patterns, stop hunting price action, parallel channels, and master patterns have been taken into account. Let's take a look at each one.
- Let’s start with A, my most bearish scenario. This is a wave counting where the whole bullish wave from $32.9K low formed in January, is regarded as a big dead-cat bounce, expecting another bearish wave cycle. I interpreted the sideway structure that came out after January as a green wave B within the 5-3-5 ABC correction. If we see another bullish trend breaking top of the black channel above, possible target prices for wave B are $53.6k~$54.8k and $57.2k~$58.4k. In a bigger picture, red wave C can be targeted at $22.3k~$23.6k and $17.8K~$19.5K which can also be considered as possible resistances. This scenario becomes more likely if bottoms of the black and green channel fail supporting.
- Scenario B is my bullish counting that assumes $32.9K low as the end of the corrective wave cycle and regarding the bullish wave after as an impulsive. It seems that support of the red upward trend line is currently being tested and if successfully supported, we cannot exclude the Leading Diagonal wave 1 scenario. If it fails supporting and cause more bearish momentum, I would say $37.8K~$39.5K is a significant zone which is a confluent zone of the black channel bottom and HVP(High volume peak) level. This scenario is to be ignored if Bitcoin makes a swing low, breaking $32.9K and forming LL(Lower Low). If somehow Bitcoin becomes very bullish making a higher high, the target prices for the impulsive wave can be deducted as $72.5k-$74.0k and $77.5k-$79.0k.
- The following two scenarios have considered wave structure above $28K as 3-3-5 Flat Correction. Scenario C has taken widening or broadening patterns into account which are commonly observed these days. Considering 3-3-5 Expanded Flat correction, this scenario expects to break the $28.9K bottom, making a V-shaped price action at the stop-hunting level and the bottom of the disjoint channel. If the $53.6k~$54.8k resistance fails rejection, this wave counting becomes invalid. The green wave 5 or red wave C can be targeted at $22.3k~$23.6k and $17.8k~$19.5k below.
- Scenario D is similar to C, but has a shorter green wave 5, meaning Truncated wave 5 or C is expected. This very case interprets the wave structure as a running flat corrective and expects to not break the bottom of the black or green channel below. $37.8K~$39.5K would be a decent target range. If bottom of the upward channels fails supporting, $29.1k~$30.8k which is the bottom of the smaller widening pattern formed after $32.9k, can also be considered as a short-term support zone.
- (Summary) The most imminent point to pay attention currently is to confirm whether the red bullish trend line can successfully support. The next support levels to keep our eyes on are around the bottom of the black and green channels. However, if this zone breaks, I would become very bearish expecting price to drop and reach $28.9k which is a very important LVP(Low Volume Peak) pivot level. If the market becomes worse making another huge drop, the area where the lower widening pattern and the stop-hunting level overlap around $22.3k~$23.6k and $17.8k~$19.5k, would be one of the most attractive buy zones. If additional bullish rallies are observed, the resistances to consider in between are $53.6k~$54.8k and $57.2k~$58.4k. Lastly, in a much bigger picture, if Bitcoin successfully swings high making a new historical high, I would say $72.5k~$74.0k and $77.5k~$79.0k are areas to expect some rejections.
BTC scenariosred lines from Daily time frame
orange Lines are 4h
we are in ascending channels in bigger picture , i prefer thinking about shorts when this orange channel breaks , we have static support on this area and orange Trend and midline of bigger channel support here
what do you think ? pink scenario or green scenario ?
AMAZON (AMZN) TA SCENARIO IDEASo I did a technical analysis on NASDAQ:AMZN and here is my idea/point:
Bearish:
(not perfect) hammer candle followed by a bearish confirmation
Stock in a clear downtrend
Ema not showing any trend reversal sign or upwards correction ( no crossing movement)
AMZN broke a strong support level
Bullish:
RSI showing a very Strong Support, so Price may bounce off ( MAY ), we need confirmation in the following Week/Days, I'll update the idea
For me, the stock is showing a lack of bullish signs and is therefore bullish, BUT wee still need confirmation on the RSI support Bounce-off/breaktrough.
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What be nextThe stock continues to decline along with the market. I expect further decline down to 200MA. The former resistance level is also located there. We will reach this target within a week. Then the RSI will just reach the zone where the reversal usually takes place. Then the buyback up for closing of the GAPs. Then we should look at the reports and the market as a whole.
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BTC/USDT POSSIBLE SCENARIOHello Tradingview community and members. I Am sharing my idea/opinion if you enjoy the analysis make sure to give a like and let me know your thoughts.
BTC has been consolidating for the last 10 weeks, bearish trends start to show up more and more. We could not hold the 41k-38k price range, we broke down and are now heading
towards 32k, close to last resort. A fake out is an optimistic take but could potentially play out. After breaking 32k we have our crucial support at 29.7k this is our last chance at heading in an optimistic direction. If we would manage to hold 29.7k and return going to the
upside, we still have a long way to become bullish again. In my opinion we have to cross the 3 blue lines you see in the chart above (40.5k) to truly become bullish again. It's not looking great but in these condition we find the best
opportunities. I think institutional investors have been waiting for a buying opportunity like we are seeing right now. We have already seen huge buying volumes in the last couple of days, only time will tell.
my prediction: In the short term I think the price will go sideways for a while between 38k-32k, we will eventually retest 29.7k for the third time. After retesting we will see a price surge towards the 40k zone, retest 35k and go up from there. Keep in mind this is just one of the scenarios that could play out.
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BTC UPDATE#BTC Update
What's new since the last BTC update?
Trading volume over the weekend was below average and we have been trading in a range that has a high of $43800 and a low of $42300.
BTC's daily outlook remains positive with no clear signs of reversal. The sector chart shows nothing exceptional and as said before, without institutional volume we could possibly stay in an slightly ascending channel for a while.
Early(Europe) day analysis on Mondays can't really take into account what is happening on the stock market as the main trading floors in the US that influence BTC have not yet opened therefore we might see the price picking a direction starting at 2:30PM UTC-5 (usually 10 mins after the opening we get good volume). Keep in mind that almost all of the time, the direction of the opening orders dictate the direction for the whole trading day.
Our expectation:
Case 1 -
Price will break the current sector, go to the 45900 level then retrace, leaving us the space to long and short , however the risk reward ratio isnt insane so we advise using low risk if you decide to go for such a trade.
Case 2
Low institutional volume might lead the retails to try to buy on their own with low volume that would probably get stuck in the descending trendline marked with white.
Can there be a local bearish scenario?
Absolutely! BTC price has been messing with traders lately, plotting smaller higher highs and then dropping massively in 2 -3 4h candles, and we can see this trend getting stronger lately.
We are now sitting at the 0.236 fib level support, a bit lower we have a trendline that has kept us in the long run but that allows for some bleeding to go through. We do have some higher lows but as stated before that doesn't mean that we're going to the moon. We can become bearish if we flip the 40k level to resistance, that would mean a lot of things for the whole market in general but the discution is too broad for now.