Short on AudCadThe price has formed a lower low, and in the continuation of the downtrend, it is also forming lower highs. The point to note is that we have an engulfing pattern at the bottom, and now we have reached a fresh supply zone where a low-risk short position can be taken with a risk-to-reward ratio of 2.
Trade simple.
Short-long
#BTC/USDT CHART ANALIYSIS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Hello dear traders, we are new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer all, thank you, guys.
The chart shows that Bitcoin is currently in a resistance zone marked by a horizontal band.
The red arrow suggests an anticipated downward movement.
Yellow line: This probably represents a short-term moving average.
Purple line: This probably represents the long-term moving average. The head and shoulders pattern generally signals a change in trend from bullish to bearish. If Bitcoin breaks below the neckline (the support line connecting the bottom of the shoulders), it could signal a significant price decline.
Pay attention to potential support levels where Bitcoin may find temporary stability. These are often previous resistance levels or moving averages.
Keep an eye out for wear below the neckline. If this happens, it could confirm the bearish trend.
Consider setting up a stop-loss order to protect against significant losses.
The chart shows that Bitcoin is at a turning point.
Feel free to reach out for further analysis or updates!
Remember:-This is not a piece of financial advice. Stay tuned to us for further updates and analysis. Thank you!
On the Fate of BitcoinIn the current image, BTC stands at the tip of a critical threshold. The price has currently been rejected from the 200-unit exponential moving average in the 4-hour time period.
Although attempts have been made 3 times to the falling channel resistance area we are in, there is no strong and significant sign of any breakout.
Currently, the target of an Inverse H&S pattern appears to be the previous high. However, the breakdown of the critical support area will clearly take us to a critical support area, which we will define as another bottom point within the golden pocket borders on the logarithmic fib scale. This means that we will fall below $50K.
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It's you & New Setups 12 + 13 :-)
(( According to the investigations carried out in the supply range of the 4-hour time frame, and in the lower time frames we see divergence and compression and confirmations of the fall, if you are familiar with the liquidity structures, you will understand the reason for these shorts and longs again. I hope you will enjoy the settings and make the most of them and introduce my trading view page to your friends. ))
Related Relevant Analysis & setups of Bitcoin : (( BTC/USD )) : Check Link :
Is there an end to the bullrun? Or longterm bullmarket!Gold still pushing higher and higher. Is it posible were in a longterm bullrun? See update post montly timefram.
Priceaction wise gold is showing a rising wedge wich can indicate a correction or reversal. Selling the high resistance off this channel can be done but is trickie against the main bullish trend. A confirmed break below this support channel and below support level 2266 might drop gold even more. If the support channel keep respecting then you can enter longs.
Make sure you mange risk 100%. Especially with selling the bullmarket.
Support: 2287, 2277, 2266
Resistance: 2300(Psycological)
Is Nvidia and the Top 10 short opportunities? Nvidia’s stock price surge has triggered discussions of a potential "bubble" in AI stocks.
Cathie Wood, CEO of Ark Invest, has recently expressed her concern and reduced Ark's exposure to Nvidia, citing the possibility of overly optimistic expectations, prompting her to sell a modest $4.5 million worth of Nvidia shares. So perhaps she is not overly concerned about a bubble bursting.
But it's not just Nvidia that has some analysts worried. Torsten Sløk, chief economist at Rowan's wealth management, pointed out that the top 10 companies in the S&P 500 are currently more overvalued than the top 10 during the mid-1990s tech bubble.
Jeremy Grantham echoed concerns about overvaluation, warning of an impending burst of the AI bubble. But Grantham is a permanent wall street doomsdayer, so take this warning with some skepticism.
In contrast, Jamie Dimon, CEO of JPMorgan Chase, expressed optimism about artificial intelligence, emphasizing its tangible applications in various sectors such as cybersecurity and pharmaceutical research. Dimon stressed that unlike the hype surrounding the internet bubble, AI's potential is genuine and substantial.
Maybe this means that similarly inflated stocks like CrowdStrike (cybersecurity) and Eli Lilly (pharmaceutical) can live up to the potential that their high stock prices are indicating? Or maybe there are additional shorting opportunities with these two stocks?
#BTC #Bitcoin #Short #Long #Setups 7+8+9 #Eddy#BTC #Bitcoin #Short #Long #Setups 7+8+9 #Eddy
I have specified the direction of Bitcoin for you guys <3
My New Scalp Setups & Big Short Setup on Bitcoin, In Total 3 new positions of mine on Bitcoin ;-) Look at Final Setup Target :-O :-D
(( Out of 6 signals sent, we experienced a stop "Risk-Free" & a stop "loss" & 4 signals received their profit <3 )) What's About You? ;-)
Related Relevant Analysis of Bitcoin : (( BTC/USD )) : Check Link :
"Share your thoughts & ideas with me in the comments"
#BTC #Bitcoin #Scalp #Short #Long #Setups 5+6 #Positions #Eddy #BTC #Bitcoin #Scalp #Short #Long #Setups 5+6 #Positions #Eddy
We finished with 2 profits and 1 risk free, for now I added 2 new scalp trades to the previous trade, it's a shame to lose the volatility ;-)
Previous BTCUSDT.P Setups 1+2 :
Previous BTCUSDT.P Setups 3+4 :
(( It's About Trading Range, What you think about my setups guys!? ))
Related Relevant Analysis of Bitcoin : (( BTC/USD )) : Check Link :
EURJPY SELL BIASWeekly: Bullish, Retested unmitigated ob 163.150-750, Week closed above recent high, price is 300 pips above last major support and 120 pips from next major resistance.
Daily: Bullish, Rejection from major resistance the day before market close, Price is on a 100 pip bullish run breaking major zone without a valid pullback.
4hr: Consolidation, Double top pattern near major resistance, Strong
bullish trendline, Support that haven't been tested at 162.375.
1hr: Consolidation, In a zone formed after rejection of major resistance, Bearish choch, Recent rejection from bottom of consolidation zone, Unmitigated ob at 163.100 at the top of the zone, Unmitigated ob at 162.100, Rejection from .618 fib retracement.
15m: Consolidation, Currently under 50 ema, Bullish choch formed before market close, Rejection of minor resistance at 162.875, Bearish flag pattern Double top pattern, Unmitigated ob at 163.100, Unmitigated ob at 162.500.
I believe the bull run is about to reverse to the downside for a pullback to the last daily support at 161.925. i would like to see price exit and break and retest the last major 4hr support before entering a trade to and we can start aiming for the liquidity made from a break of the 4hr trendline.
#BTC #Bitcoin #Short #Long #Setups #Positions #Eddy#BTC #Bitcoin #Short #Long #Setups #Positions #Eddy
Its My Short & Long Setups On BTCUSDT.P ;-)
Related Relevant Analysis of Bitcoin : (( BTC/USD )) : Check Link :
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Analysis of Dollar Index and Gold Prices in 12-Hour TimeframeLooking at the chart, we can see that the Dollar Index is approaching a very strong and significant support level, while Gold is facing a crucial resistance level and is below a descending trendline!
We know that the Dollar Index and Gold have inverse trends! This means that as the Dollar Index goes down, we can expect Gold to rise, and vice versa!
Now, what conclusions can we draw from this analysis?! Today, we also have some important news that could impact both pairs! We know that the Dollar Index may start moving upwards from its significant support, and Gold may see a downside movement from its current resistance!
However, we should be mindful that based on the news, there is a possibility of a stophunt! This means they might trigger some significant moves in both pairs and then reverse their direction. 📉📈
Nzdusd SellPrice seems to be forming a Head and Shoulders pattern on the 15m tf. price recently made a supply zone (.61500-525) and a choch. price retested the neckline of the "H&S" and went up to retest resistance at .61475 and after forming the choch. we can make a entry on a lower tf when price makes a choch. we can take profit at the next demand at .61250
Possible Significant RecoveyThis scenario is VERY tricky, let me explain why it could go either way, drastically. I'll separate the bull/bear ideas. The nasdaq looks like it could bounce off the BB bottom for a decent recovery, but, it's to see what happens tomorrow.
Reasons for Bull Rally
This month inflation report is cooler.
With a lower CPI, markets will anticipate a 50 basis point or 25 basis point hike, meaning a more dovish stance from the Fed.
Reasons for Selling
This month inflation report is still high or hotter than expected.
With a higher CPI, markets will anticipate a 75 basis point or higher hike, meaning a more hawkish stance from the Fed.
July 29th Q2 GDP comes in negative, officially putting the US in recession.
The negativity possibility is significant. July economic data can break markets like not seen before. This is one to watch. I understand this is the 1M chart, so any move upward will be quick. I don't see markets rising for a few months, but, who knows.