BTC USDT i think for now we are one a support if we breack out up trend line price again atack to 50k and that time i think strongly regect 50 to 60k we have weeekly and monthly supply if regectec next support is 30k to 33900k
Short-long
0.618 fib (golden pocket) $43,900 - $44,400 (BTC) Hello traders,
Just wanted to pop in with a quick update.
0.618 fib is the area of interest for me (golden pocket) which could end up printing a lower high and continue the downtrend (the high being the area we rejected from, which is the retest of the broken uptrend) or stops get front ran causing liquidations it just depends on what whales end up doing.
If we do reject and end up printing a lower low and sweeping the lows, 0.382 fib would be my area of interest.
Will post updates to this post throughout price action.
Please like/comment.
👍
ETHEREUM - potential Double topETH putting in a lower High , could see a break down of MACRO trendline, bringing price to retest support levels around
$1297. Let's hope for the holder's sake, I am wrong!
icp usdt 1h i think for now icp and whole market is bulighs and icp soon reach 56 and then if breack out (i dont think so )we have good targets and if reject we will see 37 ... good luck
XRPXRP is supported near the support area and on its 200-day ema, and if it goes back to normal and grows, it will go up to $ 2, and if this line breaks down to $ .75, there is safer support.
XAUUSD🤑 Retest support line📈At the moment, the price is just above the channel resistance level and above the support level. I expect a retest of the lower border of the level and the center of the channel, followed by a rebound to the upper border.
Have a nice trade!
EURUSD📈False breakout❗At the moment, the price is approaching the center of the descending channel. Yesterday there was a false breakout of the support level, after which there was a rebound. Further movement will be within the channel, if the center of the channel and the resistance level are not broken.
Have a nice trade!
DogeCoinDoge...... It is at the support point and is currently in a downtrend channel, and if it is supported, we can see a much higher horizon from it, and if it has a price drop, it will eventually return to .1.
But I think it best support is between 1.6 and 1.2.
BTCUSD ⚡ 45000$? 📈Now we will probably observe buyouts and then at lower TFs it will still be possible to see that with a double bottom sight 42000-43500-47000. This is ideal for bulls. But there is also a variant with rebounds from 40,000 upwards and then gradually breaking the support level with the formation of a triangle for a breakdown to 37000-38000.
Do you agree?)
Your Solldy.
USDJPY❗Exit down📈At the moment, the price has come out of the sideways downward trend and is trading in the range of 109.2-109.7. Further, if we do not break through the resistance level at 109.7, we go down, an important support block is marked in green. Both scenarios have the same chance of being realized.
Have a nice trade!
GoldSo... as we expected gold to finish a pullback to the previous broken support, it did exactly that and now we have to wait and look for other signs to find out where is it gonna go. This is a personal view, I think we have to look for a short position, however the market does not care about our opinions and we should keep checking it. for more information take a look at my previous analysis on XAU/USD.
ALICE big falling wedgeALICE in big falling wedge since the start of Sep. Indicators look like it's ready for a move up, but after a drop like this, it's more or less normal to look bullish after the smallest move up... So I wouldn't look only at indicators to enter this trade. The safest long entry would be a possible breakout retest of 11.62 level, it was significant support before and now we can expect it could be big resistance. Common sense tells us that if BTC dumps continue, this long idea will be most probably invalidated... If the next small support at 9.47 is lost we could take a short trade. Stay safe and good luck
BTC/USDT Finding the Dip?BTC was on an uptrend since the end of July 2021 after the massive correction between May-July. We can see BTC was very bullish with continuous green candles in the weekly chart until we hit 53k. Since that BTC started to correct. As lots of experts predicted this happen in September.
At the moment BTC broke the 42k Local support and trading below. if we refer to Demand Index it is still positive and we can see a downtrend making LH and LL (Demand Index). This indicates that Bears is in control at the moment bring the buying pressure lower.
So how low we can go?
1. Well we need a big green spike on the Volume indicator to reverse the trend and we haven't seen one since mid-August.
2. If we draw Fibonacci on weekly chat we can see the 50% correction 41k and we touched 40k. If we lose this support then the next stop is the 61.8% at 38k. Worst-case scenario next stop at 34k (78.6%)
This is a prediction purely based on technical and I'm ignoring all the FUD news.
In my opinion, 38k is the area where Whales are loading their cash and waiting to BUY. Only if the Bulls lose the battle at 41-42k.
The best strategy is to do Dollar Cost Average from 42k to 38k and accumulate much as we can. Because If we hit 38k or below then we will see a huge bullish spike in volume that will liquidate major bears and create a domino effect. This means BTC could pump from 38k (or 34k) to 48k in a short period.
This is not financial advice, please DYOR and maintain proper Risk Management strategy
XRP retesting previous support: prepare for LONGThe live XRP price today is $0,90 USDT with a 24-hour trading volume of $4.008.592.011 USD, - 14,08% in the last 24 hours. Since the local top at 1.40$, price undergone a significant correction (-35%), which we were expecting after hitting multiple times upper level of Keltner channel.
The prognosis for the next days is still bearish as price has fallen under 20/50/100 days EMA and looks now ready to test the level of 200 EMA. Bearish fractal appeared, MACD is still bearish but RSI index seems approaching oversold area. Personally I expect the price to test 88-89 area as support (200 EMA) which could fail, determining a decrease up to 0.81-0.82 level, which represents the resistance oh 4h chart. This can be a good entry point for long position . Wait for confirmation of bullish fractal (red triangle) and a reversal in RSI trend.
POSITION: LONG
ENTRY PRICE: <0.83
TARGETS: 0.92 / 1.07-1.12 / 1.24-1.30 / 1.47 / 1.54-1.64 /
STOPPLOSS: 0.675
Keep in mind that altcoin markets are always strongly influenced by BTC performance, therefore after the BTC bearish divergence playing out we can expect another dump also for XRP, possibly TO $ 0.75 area.
____________________________________
NOT FINANCIAL ADVICE
XAUUSD🤑 We go to the level of resistance❗The price reached 1750 as expected, the next move is a retest of the support level and an exit to the retracement level at 1769, if the fall continues - the target is 1650
EURUSD📉Breakdown of the lower boundary❗EURUSD at the moment, the price has broken through the lower border of the descending channel and is approaching the support level. The main scenario is a rebound from the level and return to the channel's trading range.
Have a nice trade!
BTC going down?This are my thought on BTC, seems that volumen isnt entering on BTC, so my thought are that BTC will test some resistances. Dont forget to put stoploss in case you havent, this market could go down or up in this high volatility.
Short or Long position _ Money MangmentI love trading here is like a diary to record my life.
Financial markets are as high and low as our lives.
You can use my knowledge, but never trade my data alone.
In this category of videos, I only provide technical analysis, so not all factors are taken into account.
Technical + Fandamental + Board Reading + Market Psychology + Share Psychology
Patience or Maintenance or Buy or Sell
Eur/Usd Hello traders! For my opinion this pair is down because is in the channel scheme and xabcd pattern and there is to consolidation.
Target one: Sell 1.16998
Don`t forget to look the economic calendar.
THANK YOU!
GOOD LUCK!
XAUUSD - GOLDI have been holding this trade since 1 June and still looking forward for more downside target which im aiming for 1471.00 lets watch and see how it goes :)
CADJPY: ANALYSISWe saw a strong impulsive move to the downside after a long corrective phase. We shall now keep watch on what may appear to be a small flag formation before we decide whether we will take more pips to the downside or maintain a corrective phase in the meanwhile.
Share your thoughts and suggestions are welcome! Happy trading!
Big moves coming up, keep an eye on RSRRSR is in a falling wedge that ends on my big $0,029 support line. Because the price is free flowing between $0,043 and $0,033, there is a big chance we will hit the big 0,043 resistance. The only condition is that we get under the $0,033 support line, because $0,034 is a very strong one and we need confirmation that we passed the $0,034 level.
PALLADIUM distribution schematics!Hello my beauties.
I believe Palladium is going to test the bottom of the range, come back up, and give us a nice markdown. This is a rough idea of what the price action will look like, in my opinion. My analysis is fully based on wyckoff distribution schematics.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
