GBPCHF pending orders In this analysis my view on GBPCHF and my major bias i see coming for this week. For me i will be looking for bullish momentum.
confluence;
higher time frame continuation correction
mini double bottom
descending pattern on the lower time frame
15mins possible impulse
what i am expecting;
1. A bullish continuation correction needs to form to continue the trend
2. Or a reversal pattern for a buy
thanks for reading
AS ALWAYS TRADE SAFE AND STAY SAFE!!!
Tehnicalanalysis
US30CURRENCYCOM:US30
The US30 is making bullish moves to take the price high.
It could reach 34400.00
GOLD: More liquidity for the NEXT MOVE!Hello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the XAUUSD, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
Lower timeframe:
During the last few weeks, we forecast a potential bullish move, considering the overall price action in HTF and enough confluences in LTF.
Eventually, the price was not able to break the main structure to the upside, why? Simply the answer is: “ the market is not ready for that”, more liquidity, more development is needed and patience is the key in order to succeed.
When, where and why would we step into the market?
Currently, the price is moving bearish, and possibly it could reach the same area where a big bullish impulse happened recently.
We will be studying the reaction of the price around that level and eventually re-enter the market if any condition is satisfied.
Any breakout to the downside with further bearish continuation will invalidate the analysis and no action will be taken on this market.
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Cybernetics Trading Lab
DISCLAIMER
Please note the views are not investment advice and should be used only for educational purpose.
BTC UPDATE 13/07/202 || #btc #crypto #technicalanalysisToday market touch the support area which is 18K and also make triple button Techinically we didn't decide yet the market because candel is not close and also we didn't identify the true or false breakout so we will wait for today candel closing and then we will decide the market where it will go.But i think it will touch the resistance level again and then it will go UP.
Thanks..!!
MANAUSDT TECHNICAL ANALYSIS Decentraland barely not sinking
The metaverse altcoin, which was trading at $0.9085 during press time, noted a 7.73% spike over the last seven days. This price appreciation might seem like a solid opportunity for investment. However, we should not forget that it is only on a micro-scale. On a macro-lense, MANA is far from recovering.
What our chart telling us?
Beginning November 2021, MANA was $5,87 level and lost approximately 89% and fell down till $0,62. The candles are staying above to support line and almost will reach to resistance line. The candles already breakdown down trendline and one of the candle has been completely open close above to down trendline. We are getting BYY 2 signals from our robo advisor @EngineeringRobo in recent/current candle and we need to wait for the new candle come up and if our buy 2 signal still over there, It may opportunity to buy for us.
Our Risk/Reward ratio 1.27 and Moving average lines are almost in the intersection. If direction get chance, it may another an opportunity to buy again in our daily time frame chart.
Let’s follow up our chart closely and don’t forget to follow me.
“NFA”
XRP - Ripple without doubts STRONG Move UP! Could above 0.3440$!Analysis for next week January 6 — 10, 2020
- Ripple - XRP/USD end the trading week at 0.19102 and continue to move within the correction and the bearish channel. Moving averages indicate the presence of a bearish trend, continue to be repelled by signal lines, which indicates pressure from the bears. At the moment, we should expect an attempt to continue the decline and test the support area near 0.1405 (exactly if will break the strong support area 0.1746). Where again we should expect a rebound and continued growth of the cryptocurrency in the region above the level of 0.3445 as part of the development of the bullish «Wolfe Wave» model. Hints are a lot so we can say this is a new chapter of New Market-Cycle, without doubts. As soon with all Top Crypto with BTC strong Dominance - 68.20% increased with + 0.06% from yesterday test near strong supports.
- In favor of the growth of XRP/USD quotes in the current trading week from January 6 to 10, 2020 , a test of the support line on the relative strength index (RSI) will come out. The second signal will be the completion of the formation of the bull model «Wolfe Wave» . Analysis January 6 — 10, 2020 suggests an attempt to test the support level near the 0.1405 area. Where can we expect continued growth of quotations with a potential target at the level of 0.3445 . An additional signal in favor of the fall of Ripple will be a test of the trend line on the relative strength index (RSI).
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You can motivate us to post more analysis cryptocurrency charts! Thank you! ,)
Mention: This is not FINANCIAL ADVICE! Just EDUCATIONAL ANALYSIS!
Bullish play is still on 📊Let see where it wanna go
Target 1,05 is still in play and thats around +200 % gain from the 0,31 mark.
remember we are in the bear market even thu some are still technical to the upside ( like CRO )
But it all depends on how the market will react.
If the course stays over 0,31 the bull are still in play , if we break that we can see a down side on -25 % to the 0,20 mark ( biggest CRO support )
and that means we are in a bear market with CRO aswell.
Lets find out where is gonna go to in the next couple of mouths ( stay alert to the overall market aswell since they are in charge atm )
$MU | Watchlist #1 | 12/27 - 12/31 MU 94 BOUNCE
or 92.7-93 BOUNCE
Strategy:
Post earnings report rally
Buy into weakness at the bounce levels
News Catalyst: "Micron Technology (MU) shares were up nearly 5% to trade at $94.84 on Thursday, as more than 25 million shares changed hands shortly before 2:30 p.m. EST. Over the past five trading sessions, Micron has risen more than 16%, compared to a 1.7% gain for the S&P 500." - seekingalpha.com