Tehnicalanalysis
ETHUSD(1D): ETHUSD daily touching a major support linesMarket in the last 1 week
The price saw a major downward trend as it moved from the upper to the lower Bollinger band. The rice reached another support trend line. Trading volume has been very high in the last 1 week. The volume can be seen increasing with an increase in price suggesting that the bearish momentum is strong and most likely will continue until we see a drop in the daily trading volume.
Next Week's Trend analysis
The price is expected to move in the overall bullish momentum as the current price is near 2 major support lines. If the price rejects the support lines then we will continue to see a major downtrend.
The price change was high at approximately17.2 %, with the week's range between $4144 — $4860.
Price at the time of publishing: $4308
ETH’s market cap: $510 Billion
However, the Indicator summary is giving a 'SELL' signal on ETHUSD.
Out of 11 Oscillator indicators, 3 are giving a SELL signal, 8 are neutral and 0 are giving a BUY signal.
Out of 15 Moving average indicators, 8 are giving SELL signal, 1 is giving neutral and 6 are giving a BUY signal.
Traded volume has remained high in the past week. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
----------------------------------------------------------------------------------------
The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 1 Day candles.
----------------------------------------------------------------------------------------
Any feedback and suggestions would help in further improving the analysis!
The nature of the movement of financial markets
1. Key levels breakout
Bulls/bears become strong enough to violate a key support/resistance and are willing to push to new lows/highs
The best opportunity for trade entries.
2. Trend continuation
Strong bearish/bullish trend following movement.
More and more trades join the rally after a breakout.
3. Consolidation & accumulation
Oversold/overbought condition of the market & local accumulation.
Market participants are waiting for a trigger to continue pushing.
The best opportunity to protect profits.
Black line - price action within the stages
❤️ Please, support our work with like & comment! ❤️
BTCUSD Key resistance and Potential BreakoutsThis are what to look out?
1–If the bulls clear this obstruction and hold above it for not many days.. expecting one more Breakout 56k-61k
2–If the level dismissed the cost hard ..then, at that point get ready for immense auction to help beneath around 43k (or lower)
Indeed over all pattern is Bullish however need to open your eyes here
📌 Important Advice :
during fomo and ceaseless ravenousness days ensure you secure your profits and have some free steady coins
Please leave a like and share your thought on this.
BTC still yet to recoveryIf you find the analysis useful, please like and share our ideas with the community. Any feedback and suggestions would help in further improving the analysis!
Quick glance: As of now, Bitcoin has jumped back above the $33,850.60 mark. We are witnessing some slight consolidation in the 4hr time-frame.
In our previous analysis on BTCUSD , we had correctly predicted the short term rally above $33,000. That is exactly what happened in the past 24 hours.
EUR/USD Tehnical Analysis for Today Will be Updated Stay TunedPurple Line = Daily SNR /Trendline
Red Line = 4 Hour SNR /Trendline
Orange = 1 Hour SNR /Trendline
Will be Updated During the Day Stay Tuned
If this help you with your trading Please Like, Share and Follow that give me motivation to make another Trading Ideas
If you have some suggestion, comment or other opinion feel free to write it in comment
Wish you succesfull and consistent trading with profits!
This is not an investment advice.
"CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money."
NZD/USD multi time frame analysis - Possible Down MomentumPurple Line = Daily SNR/Trendline
Red Line = 4 Hour SNR/Trendline
Orange = 1 Hour SNR/Trendline
If this help you with your trading Please Like, Share and Follow that give me motivation to make another Trading Ideas
If you have some suggestion, comment or other opinion feel free to write it in comment
Wish you succesfull and consistent trading with profits!
This is not an investment advice.
"CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money."
USD/JPY Multi Time Frame Analysis - Possible UptrendPurple Line = 4 Hour SNR
Red Line = 1 Hour SNR
Yellow = 5 Minute SNR
4 Hour candle close above 4 Hour support level and on 5 Minute chart we can see clear triangle which is break in uptrend and now if we see pullback price should go high at least till new 4 Hour Trendline Resistance
If this help you with your trading Please Like, Share and Follow that give me motivation to make another Trading Ideas
If you have some suggestion, comment or other opinion feel free to write it in comment
Wish you succesfull and consistent trading with profits!
This is not an investment advice.
"CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money."
Cardano (ADA) Multi time frame analysis, Crypto Trading Idea #4Purple Zones = Monthly SNR
Red Zones = Weekly SNR
Orange Zones = Daily SNR
Yellow Zones = 4 Hour SNR
Blue Lines = 1 Hour SNR
Cardano (ADA) close above Daily Support and it is on Monthly support zone too and can go up from this level but this depend on fundamental analysis about Cardano too. I also draw SNRs on 4 hour and 1 hour chart that can be easily follow the new uptrend
If this help you with your trading Please Like, Share and Follow that give me motivation to make another Trading Ideas
If you have some suggestion, comment or other opinion feel free to write it in comment
Wish you succesfull and consistent trading with profits!
EUR/USD multi time frame analysis, Trading Idea #3Purple Zones = Daily SNR
Red Zones = 4 H SNR
Orange Zones = 1 H SNR
Yellow Zones = 5 Min SNR
Blue Lines = Opportunity for trade
1.) SHORT TRADE REVERSAL
When Candle close bellow Resistance and next candle form as Bearish ( better if it is some Bearish reversal candlesticks like bearish engulfing candle or bearish evening star etc....) open short trade;
- Stop Loss above resistance zone
- Take profit little bit above next support (or if see that candlestick break next support (new Bearish candlestick open bellow next support zone ) keep open trade to get more profit)
- Check Economic calender to be sure that avoid trade on double (15 Min before and after news) and tripple news (30 Min before and after news), and also speak with double and tripple star (2 H before and after speeach) =Check www.forexfactory.com
2.) SHORT TRADE CONTINUATION
When Bearish Candle close bellow support zone place Short trade (better if is some strong bearish candle) Open short trade
- Stop Loss above resistance zone
- Take profit little bit above next support (or if see that candlestick break next support (new Bearish candlestick open bellow next support zone ) keep open trade to get more profit)
- Check Economic calender to be sure that avoid trade on double (15 Min before and after news) and tripple news (30 Min before and after news), and also speak with double and tripple star (2 H before and after speeach) =Check www.forexfactory.com
3.) LONG TRADE REVERSAL
When Candle close Above Support and next candle form as Bullish ( better if it is some Bullish reversal candlesticks like Bullish engulfing candle or Bullish Morning star etc....) open Long trade;
- Stop Loss Bellow Support zone
- Take profit little bit Bellow next Resistance (or if see that candlestick break next Resistance (new Bullish candlestick open above next Resistance zone ) keep open trade to get more profit)
- Check Economic calender to be sure that avoid trade on double (15 Min before and after news) and tripple news (30 Min before and after news), and also speak with double and tripple star (2 H before and after speeach) =Check www.forexfactory.com
4.) LONG TRADE CONTINUATION
When Bullish Candle close above Resistance zone place Long trade (better if is some strong Bullish candle) Open Long trade
- Stop Loss Bellow Support zone
- Take profit little bit Bellow next Resistance (or if see that candlestick break next Resistance (new Bullish candlestick open Above next Resistance zone ) keep open trade to get more profit)
- Check Economic calender to be sure that avoid trade on double (15 Min before and after news) and tripple news (30 Min before and after news), and also speak with double and tripple star (2 H before and after speeach) =Check www.forexfactory.com
If this help you with your trading Please Like, Share and Follow that give me motivation to make another Trading Ideas
If you have some suggestion, comment or other opinion feel free to write it in comment
Wish you succesfull and consistent trading with profits!
Matic Network is consolidatingFRom Sunday when MATIC reached and breaked the 1.75 resistance, now is consolidating.
I hope after that it will break the 1.92 support and go to the next resistance target 2.5.
Binance Coin, interesting scenarioThe price has been able to create a triangle pattern. If we manage to break the upper boundary of the triangle and come back for a re-test, we will be looking for BUY positions. On the opposite, if the price breaks the lower boundary and retests it, we will be opening short positions and aiming for the target identified on the chart.
Trading Basics Part 1:How Candlesticks Work!
Hello,Traders!
Japanese Candlesticks are thought to have been invented by the Japanese rice traders
And then made their way into the West where they were used for stocks, forex and commodity trading.
Reading candlesticks is quite easy: the body represents an area that indicates the price distance between the open and close of the candle, while wick’s ends indicate the full magnitude of the movement in-between open and close. Thus, when picking the timeframe for your chart, you are deciding on how much time will be contained between open and close of each candle.
If open is below the close, the candle is bullish , and if open is above the close, the candle is bearish , which is usually represented by different colors of the bodies and wicks on the chart, typically, green and red.
Some of you might ask me, why am I explaining things that seems to be obvious and self evident, yet my experience of Coaching, paints a different picture, with thecandlesticks being undervalued and misunderstood by many, despite them being the staple of technical analysis .
In my trading strategy, which is based on multi timeframe top-down technical analysis ,
we examine multiple timeframes, from 1 week to 1 hour, going from higher to the lower timeframes. Looking for strong levels on weekly and daily and for patterns and confirmations on 4 hour and 1 hour charts. Which means that we are opening 1 week/1 day candle like a Russian doll, finding multiple candles inside the other. We enter the trade only if we are getting the same bias on all timeframes that were of our interest!
If you found my post helpful and interesting, please, like comment and subscribe!
Thank you!
Can it reach the price of 0.25?Conditions for growth towards the price of 0.25 are good, if you break the middle line and cross the green line (strong resistance), you can hope to grow and reach the goal of 0.25.
In the MacD indicator, the buy signal is also given and shows an upward trend, but in case of large and negative volume, it is possible to change the shape of the MacD
good luck