REEF/USDTbreak falling wedge
making rsi bearish divergence
rsi oversold
buy at current price
sell at 0.4945
and to of the falling wedge Channel
Volume analysis
TERM
Bitcoin Long Term Forecast. October 8, 2022Hi all
A lot of people think this is the fourth bear market of Bitcoin. In reality, it is the first. The price has been below 200 MA for about three months now, and it hasn't done this before. It's a sign of a bear market. Previous down moves have only been short-lived corrections in a larger bull cycle. And this is the real bear market, that corrects the entire previous bull cycle.
I don't know how long it will last, or how low the price will go. But I won't be surprised if the price goes below $2000.
For the next five years, we cannot expect a bull market for bitcoin.
LRC Flattening LRC is currently flattening at the bottom of a massive descending triangle. Breakout to .4 seems possible, but if we reject this range we could drop to the low .20s. DCAing a large position in this one, as I think we will see $2+ next bull run.
GBP / USD Short IdeaBearish Chart pattern forming on 4h / 1h timeframe indicating a potential uptrend reversal which could retrace to the 0.382 Fibonacci Level and beyond.
This trade idea offers an excellent 5+ Risk to Reward Ratio for the remainder of the week and due to the UK's troubles of tax, political unreasonableness and general economic horror i expect this resistance level once support to allow for big selling opportunity for people trying to reject the recent Bullish pullback on the Pound.
- Note to never risk more than 1-3% of your account on any given trade.
- Stop Loss 47 Pips above sell bracket.
- Stop Loss is 76 Pips above entry point.
Opinions on GBU / USD?
XRP sold at a 45% profitFirst MA21 crosses the downtrend and goes below the candles, then I find a little resistance, then I see MA14 crosses RSI below, and then the candles hit resistance, that's my entry confirmation
USDCHF - Over-Bought Zone!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
USDCHF is overall bullish trading inside the brown rising broadening wedge, and it is currently approaching the upper brown trendline.
Moreover, the zone 1.0 - 1.005 is a strong resistance zone .
So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the green resistance zone and upper brown trendline. (acting as non-horizontal resistance)
As per my trading style:
Since USDCHF is around the purple circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
and of course, as it retests the blue support, I will be looking for buy setups.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
CLEAN SCIENCE ON 100MA! MULTIBAGGER!!the two dark blue lines, shows the that the stock is on its IPO zonem, stock is at a very discount, it can all go up till 2200, with a very good swing trading. still can go further upside, in the long term. sales are good, quater results are also good. its a stock with good fundamentals, and a multibagger.
Bearish Sequence As we can see Price is in Correction Phase and Reached at a strong Supply zone just wait for Valid Sell Conformation.
Trade safely my friends and let me know your views in comments. Radhe Radhe
NIFTY is looking Bullish🤑 Nifty is likely to be Bullish till it's above 17245.
❓ Reason: Because of two consecutive candles closed above ATM Machine Target and not much far away.
🚧 Upside Hurdles: 17340, 17395, 17535.
🌈 Advice: 1.) Take reversal trade near these levels, or 2.) Wait for Breakout and Sustainability.
🟢 Positional Trend is Positive.
🟡 Long Term Trend is Neutral.
📢 Disclaimer: We are NISM Certified so we don't hold any position in Nifty Future or Options as per SEBI guidelines. Take trades as per your own technical analysis, we are just educating you. We are not using any type of indicators for finding out of levels.
🙏🏻 Come to Learn, Go to Earn🙏🏻
✅ We are NISM Certified. ✅
☔If you find us useful, Please help the helpless near you.☔
☺Happy to Help.☺
@OhoTrading
Marching towards All Time High & fall shown possible strengths.Axis Bank took solid support around 710 ( support treandline from 2015 and it got broke nly 2 out of ~10 instances and those 2 are Mar'20, apr-may'22).
Stated reversing towards resistance trendline around 830 (ATH) with next levels as 770,830 in 4-6 weeks once break above with volumes then rallycango till 1000 or if rejected at resistance then 770, 730 levels are. Key.
Positive side due to the stock did fall around 10% but took support on longest trendline.
Note: This is the educational purpose and not for recommendations at all.
Possible down trend Interesting Stock, on the 15th of July the price made what is called in technical analysis dead cross, a signal for a beginning of a downtrend. Now it seems that the price is using the line of the moving average of the 200 periods as resistance and is entered an area between the price 381.05 and 351.05. If the price will break the level of 351.05, there is a good chance to follow a downtrend. The stock is still in a positive trend, My vision is neutral waiting for the right signal.
2nd Short closed in interesting area2nd position closed when the price rich an interesting area between the level price 10.30 and 9.70. let's see if the price will remain in this area and accumulate before will broke this 2 level. start a new trend going up or continuing the downtrend.
My vision is still short.
Protection the profit and high volatilityThe second position opened at 290.96 and closed at 279.02, with the volatility rising I decide a protective approach, in order to protect my profit. But my vision is still Short, let's see what will happens
USDCAD - READY FOR PRICE TO EXPLODE!!Looking for price to make a continuation hopefully off the back of some USD strength, as I've covered fundamentals can change things very quick but if you can get a position before anything affects the market you can give yourself the opportunity to catch huge moves! Trade smart and keep on top of your risk management! good luck
TESLA BABY - Ready For Big Changes 2023Don't put all of your eggs in ONE BASKET.
But if you can believe one thing only, it will be Elon Musks Ideas to Happen
DCA for beginnersI made a visual explanation investing mid/long-term with DCA and of how effective DCA is and how to do it based on a weekly chart, no matter how much money you got, you can adapt to your capital
Understand that this is an example amongst many other and you are not obligated to follow this strategy, it's just to guide if you're new to DCA. It's not a financial advice.
also, it's important to understand the market cycles, and know when it's a bullrun, a bear market and an accumulation & expansion phase
APPLE BUY AND HOLD UNDER 150Apple is obviously established and a good pick for a buy and hold. It would take something drastic to drop the price more than it went this week imo and if it does its perfect for DCA.
Patanjali - inverted head and shoulder on hourly chartInverted head and shoulder on Patanjali foods
Close below 1300 could be a good short candidate
Bitcoin warning🔥🔥 VOLATILITY IMMINENTNow we are going down a little bit but our main action is to see the price of Bitcoin go up. We need to see some movement for Bitcoin to rise. Then additional forces enter the market and start buying. I'm willing to buy some.
Short and profitThe Bear Market is continuing for this stock, and it seems don't want to stop let's see how far will go.
US500 - Two Possible Scenarios!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
US500 is overall bearish trading inside the brown falling broadening wedge, however, it is now sitting around a support zone 3550 - 3600 so we will be looking for short-term buy setups on lower timeframes.
If the 3550 - 3600 is broken downward, then the next support would become 3300 - 3400 in blue.
3300 - 3400 is the strongest support on this chart as it is the intersecting with the lower brown trendlines. (acting as non-horizontal support)
As per my trading style:
Since US500 is around the green support, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
and if the green zone is broken downward, I will be looking for buy setups around the blue zone.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
