Tradinganalysis
AUDUSDAscending Triangle. Possible breakout. I would wait for retest of broken area. Manage your risk and trade safely!
USDJPYWaiting for retest of broken zone and a bearish price action signal to enter. SL above structure. MANAGE YOUR RISK!
Bitcoin APEX Of Potential Downside 'Doomage' w Bearish DominanceBitcoin has broken down to under the 9k mark. In 24 minutes at market open on the daily will see P action back in the major downward channel / under the channels upper trend line. This is sitting in a crucial spot just below the inception point of the inner upward channel bottom line.
What does this mean?, well for strength bulls would want to have pushed above this region and start the week strong. The inverse may transpire with BTC entering the last week of may in a more bearish position thus not favourable for the bulls to start their crusade to 10k.
Also if remain in this area watch for the consolidation on the left. I’ll watch price action to see where the strength lies throughout the day.
Published chart is the 4 hourly. Have a stella trading week :)
Daily Chart:
See the link below for a more detailed weekly overview!
Bitcoin to Date
Daily
Current Price: $8992.1 USD
Daily Change %: -2.00%
Market Cap: $166,146,462,199.38 USD
24 Hour Volume: $31,411,922,463 USD
Population of the World: ~7,786,720,100+ humans
Today’s Bitcoin Total / World Population: ~ 0.002361062265485 Satoshi’s / $21.23 USD per person
Overall
Approximate Bitcoin in Circulation: 18,384,931 BTC
Approximate Bitcoin Mined Last 24hr: ~ 900 BTC
Approximate Bitcoin Left to Mine: 2,615,069 BTC
Road to 21,000,000 Bitcoin Mined: 87.55%
Current Bitcoin Dominance: 67.09%
Tether overtakes XRP in Dom 3.56% Vs. 3.51%
📈Support & Resistance📉*
Support Levels
1st Support Zone: 8792.4
2nd Support Zone: 8364.4
3rd Support Zone: 7883.0
Resistance Levels:
1st Resistance Zone: 9630.8
2nd Resistance Zone: 9839.5
3rd Resistance Zone: 10321.3
Price Level Consideration
Approximate Days Until Halving: 1447 Days (Pending Timezone / Blocks Mined)
All Time High Half Way Point: 9942.5
Prominent High: 13767.4
Prominent Low: 3994.1
🐃 Bulls Verse Bears 🐻
🐃 Bullish Above: 10485.8
🐻 Bearish Below: 6474.1
Monthly & Weekly Opens
Monthly Open: 8629.2
Weekly Open: 9667.4
Current Price Zone: ACCUMULATION ZONE
Biggest Bitcoin Transaction of the Day**
1. 🚨1,901 BTC ($16,904,758 USD) transferred from OKEx ➡️ Unknown Wallet 🚨
2. 🚨1,900 BTC ($17,234,421 USD) transferred from Unknown Wallet ➡️ OKEx 🚨
Largest Cryptocurrency Transaction Today:
🚨🚨1,327,200,000 VEST ($12,010,175 USD) transferred from Unknown Wallet ➡️ Unknown Wallet 🚨🚨
Gold***: $1,735.44 USD -0.76 -0.04%
Silver***: $17.21 USD -0.01 -0.05%
——————————————————————————————————
*📈Support & Resistance📉: These are typically zones & not exact price levels depicted by the lines. Keep in mind that price may respect and repeatedly touch several times on smaller time frames.
**What you won’t see on exchanges: This is purely to reference that traders watching the charts are neglecting the ‘Transaction Sentiment’ of large (🐳 WHALE) transactions from wallet to wallet and OTC execution send transactions (new/old wallets). TIP: The amount/s transferred daily tells a story of flow to potential market dynamics that may transpire.
*** Personally I HODL Gold/Crypto over having a majority of Fiat currency 💸. Previously before trading crypto in 2015, Gold was one of my main charts thus I look at the price regularly comparative to Bitcoin.
Created & published by Des Landen
USDJPYStrong resistance zone. Seems like there has been a breakout and a possible retest. It might touch the upper trendline and bounce back down.
What are your thoughts?
EURAUDCurrently trading in a channel. It's getting close to a resistance area. There might be some movement to the downside.
NASDAQEnding Diagonal plus a 87.5% fib retracement of previous impulse. It is currently on a double top. I expect it to go down.
What are your thoughts?
EURUSD ShortWe are in short with eurusd with tight stoploss.
Its only for educational purposes do your own analysis.
Trading is risky and your capital is at risk...
Happy pipping
EThUSD ShortThere is a short opportunity here as Ethereum has reached one of the higher tops of 220 levels, the next levels are on 190 and 170 with chances of getting lower towards 140 and 120.
Short-term Nikkei225 ShortFrom the 20000 levels is a good shorting opportunity on Nikkei down to 19000 levels or perhaps below.
With a proper SL you can make good profit. Calculate the risk and manage your margin levels and you could make it.
Short US SP500 From here, 2900-3000 levels is a good entry for short positions on US500.
A retrace back to 2700 levels is incoming and perhaps below 2500.
DOW heading down ?RSI shows some downtrend on the Dow and we can see a huge resistance at 24500/24600 let's see what will happen ;)
EURUSD LongSome nice clean and simple analysis. We can see that the price has closed above previous resistance levels, came back down to retest that area and formed a nice little triangle at the same time and is now at the end of the triangle. Should we see a break above the triangle we can expect this pair to keep moving to the upside. My targets for this pair will be around the previous resistance areas.
USDCHF LongPretty simple idea. I'm looking to go long on USDCHF, the price is moving in an uptrend and where the next touch of the line is looking to be is also a pretty solid support zone and also the 38.2% level on the Fib and will most likely be at the 20 level on the RSI or even lower. This is looking to be a great opportunity to buy.
gbpnzd 1h chart / trading idea / news GBP tomorrowGBPNZD trading idea on 1h chart.
Tomorrow we have red impact news on gbp. We can see big moves on gbpnzd currency pair.
Right now price is in triangle and bellow ressistance level. If we get good price rejection from ressistance we can sell. If we dont get rejection idea is invalid.
