Short closed at interesting levelDue to the volatility, I decided to close the position and take the profit at home.
The price reaches a level that is very interesting and it seems to be using it as support, let's if the price will break to create a new trend and go up or continue the downtrend.
My vison is still short, but...
Shortterm
KAVAUSDT Daily Chart Analysis I am sure you might of heard about the Mainnet launch set to take place in the coming days (12 October 2022 if not mistaken). With this said, there is a high probability we can expect bullish price action on KAVA in the coming days regardless of the bearish sentiment in the market in the coming days.
So i will be looking to buy KAVA by the $1.51 daily Bullish Orderblock. Targeting the Liquidity Void above current price. Should price reach $2, I will be taking full profit (if there is any partials left to take).
With this said, Happy Trading Pals
MINDTREE LTD Parallel Channel Pattern Breakout.*MINDTREE LTD*
Time Frame: Daily
Observation:
* Parallel Channel Pattern Breakout.
Resistance/Target: 3424 3630
Support: 3070 2777
Bitcoin 4H Analysis update10.03.2022BTC/USD
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4-hour time frame
Over the weekend, we saw little to no volatility in price action, with sideways trading being the theme of the last two days.
As we are now in a new month/quarter, we could see things hopefully move.
After yesterday's weekly close price created a new weekly level which is also just below two current, which makes this idea a little more probable while also maintaining this ascending support we have formed. Ideally, for the above scenario to play out, I would like to see a wick below fooled by a swift recovery /reclaim of the weekly, with the emphasis on the weekly reclaim.
This analysis will be update.
SOLANA SHORTERM SCENARIO Hi guys, After solana Restart the network, still maintenance lower high and keep the uptrend move. i think in a shorterm this week at first month in october solana will reach
37$ Again if can sustain in a raging area (Green Area). If Can't sustain, solana will going to 25$. So if you solana holder.. please prepare for the worst. Becuase we all know. Uncertainly in this situation make a trader or investor confused. so don't be greedy. cheers.
BTC is a champ. Other currencies having issues. DXY is loony.Although nobody knows exactly where we are heading in the short term. (Majority Bearish) I am still confident BTC will have its place for success long term. We seem to have printed a higher low on the monthly. It does not mean much, but once BTC decides to move the other direction. There is a chance in my opinion that it could be more aggressive than people think. Especially once that 200MA is breached again. The unexpected loves to play out sometimes. I will remain bullish until that 17.5k ish bottom is broken.. Not saying I wouldn't be bullish for lower prices... I have a weird feeling the big money knows the consequences of letting even BTC get too low. Just my opinions of course. Much love stay safe!
CAKEUSDTThe long-term upward trend line has been maintained so far, on the other hand, a tight movement has formed in the four-hour time frame.
Keep in mind that the price can break out of compression both from the top and from the bottom, depending on the type of movement in the lower time frames, it is more likely to break out from the bottom.
The confirmation of the above scenario is the price reaching the $4 range.
We would be happy to hear your comments
Dolla Dolla Bill Y'allI think a pullback in the dollar is imminent. It has been a perfect storm in the geopolitical world with inflation, talks of war, tough financial decisions by countries that will likely have a long-lasting effect on their financial futures. Now unless the world really goes to crap and financial systems collapse in the next week, I am unsure how much higher the dollar can go for now. As you can see UUP the Dollar Index has aggressively broken out of its channel with multiple gaps up on the daily. The repeating pattern I see is big up then a smooth woosh down into accumulation. I'm not much of an RSI guy but the pattern is once it gets overbought you can see what happens. Now I don't think the dollar will collapse yet but definitely positioning for a pullback in the near term. This obviously would-be short term bullish for stocks and risk on assets. I definitely don't think this is the highest we will see on the dollar the worst is yet to come imo but nothing goes straight up without some pullbacks. All just my opinion not financial advice my friends.
IOC's SWING IS TRAVELLING FROM SIDEWAYS BOTTOM TO SIDEWAYS TOPINDIAN OIL CORPORATION is a good stock to buy if we can hold it for 3 to 6 months. We can maintain the targets from Target-1 to Sideways Top, it is better to keep the stop-loss below sideways bottom, trail stop loss when the market moves upwards.
MOTHERSON SUMI SHORT TERM BOUNCE BACK TRADEMOTHERSON SUMI has gone down and is now in correction for its down swing, there are possibilities for it to go upwards a little bit. Now it is in channel pattern, if it breaks upward, then we can buy it. The targets ranges from Target-1 to Target-3. Trail your stop loss.
$XRPUSD | Downtrend To Previous Major SupportTook another short to catch this window with XRPUSD. I think a good opportunity here to capture this downtrend to the next major support zone as the previous closed UNDER the 20MA successfully. Also with RSI in the middle, you can look to September 18th timeframe but the difference there is XRPUSD had the 20MA, 50EMA and 200EMA to bounce off of. This time, this is not the case and has already broken one. A safe take profit is at the next short term support highlighted by the lower blue line.
Continue downtrend secondary short-termContinue downtrend secondary short-term 1:2.2
Hi, here is CRYPTALKDAYNIGHT. I'm K.
Based on the analysis in the previous article, there is a second chance of getting on the downtrend in the middle of the short-term profit holding. How should we set it up? Where should we place the original profit order as a safety pin?
Safety pin of original order : 21000
Secondary short-term
Entry : 20180-20481
TP : 18560
SL : 20969
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Short buy retrace then drop Should be expecting starting retrace then the massive drop. On the 1-4hour chart should be able to fill that small gap.. buy now and the double top should form at 22700 area if not then about 21500 should make a huge drop impact.
17,600 area need to be broken should range the drop away the target at 10K area or maybe around 12K. Let’s see how this goes because now it’s retracing.
If still waiting the buy Zone longterm it’s still going to be at 12-10K