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Weeklymarketsanalysis

SPY Channels in your Weekly Game Plan$SPY bottomed on FOMC week and established the immediate trend's lower channel. The bounce off the lows moved SPY to the upper channel & a continuation wedge formation (stair-stepping downward). Friday's bottom wick attacked the intermediate trend that was established near the Jan lows. We have an "impingement" upcoming in the SPY Wedge Formation this week...does the larger, intermediate channel dominate the April/May channel? If so, expect a move back over 395 and possibly a run at the 405 level which is the 20DMA & the weekly low set on May 1st. If the move up towards 395 fails, expect the intermediate channel to be re-tested (should be under 380 by then) and then continue the Wedge Formation down towards the 374 area which might spark high volume selling and take SPY under 370. Dotted horizontal lines are key weekly lows since February and placed for your visual reference of potential Profit Taker areas. Key SPY levels for the upcoming 2 weeks: 360/ 368 / 374 / 377 / 380 / 385.15 / 405 / 411 / 420
AMEX:SPY
by VeteranWS
2
XRP could to hit $0.24 cents in shortly periodIn this Daily analysis, I will share my thoughts about my perspective in this cryptocurrency. I see a bearish movement that XRP could to hit $0.24 cents soon. And also, analyzing the 3 Daily chart, still bearish in this way And to share in this weekly timeframe, have 2 possible perspective to watch. 1) XRP could to reach $0.22 cents. In that point, I thinking to buy amount of XRP to make trading in my broker and get 200% yearly to accumulate XRP by long term. For that, I'm interested in XRP. 2) XRP could to go to low like $0.14 cents. In that point, it's a good opportunity to accumulate it. Also, I will share you more later a good plan to setup if you want to accumulate XRP as I want to do it just find up 200% yearly ROI in the compound interest year to year. I hope that this idea support you!!!
BITSTAMP:XRPUSDLong
by harisonhbn9718
1
Litecoin it's in the bear marketIn this overview, Litecoin it's in the bear market and we see that this cryptocurrency it's leading to the previosuly minimum historical price on 2020 and part of them see on 2018 and 2019. So, in this weekly timeframe, Litecoin forming a bearish descending triangle and retest of this chartist pattern indicating a bearish trend. And now, in the monthly timeframe it's extremely bearish in Litecoin and the trend it's very clearly that this cryptocurrency it's dominate by bears in this market.
COINBASE:LTCUSDShort
by harisonhbn9718
5
ADA/USD: UpdateAs Cardano price crash during these days. I get over 178% in profit. A huge earns just shorting Cardano in my broker. Now to update, I keep in short position with the same target profit at $0.40 cents as my broker doesn't take my profit for just 2 cents of difference. So, in H4 it's look bearish and to update here, I put a break even to cut loss in my entry price that was around $0.66 cents. To remain, Cardano it's almost to get this target profit of $0.40 cents as we see a good perspective that my analysis was correct in what I have this perspective to shorting ADA Good luck!!!
BINANCE:ADAUSDShort
by harisonhbn9718
3
BTC where is the bottom Part 3Hi Birdies, So many week passes since we did the bottom analysis so here it is. Analysis The Blue block is the order block which has higher chances of hitting because its getting support from 200 Weekly-MA The Gray block which is untested and as per Smart Money concept everything should be mitigated. Also it is getting support from 300 Weekly-MA This Gray block also has higher chances why? Because in covid-2020 BTC bottomed on 300 Weekly-MA the Red Dot Actions BTC will retest 50 Weekly-MA before coming down so 43,000 - 46,500 is the point of short Meanwhile do swing trades and stay safe and blessed
BITSTAMP:BTCUSDShort
by BlackBirdTrading
9
Bitcoin overview marketDuring these days, Bitcoin made a crash during days as U.S. Federal Reserve made a hike interest rates a signal of tightening the U.S. Dollar in Forex market. So, I was worrying in the Daily timeframe because broke down the EMA 200. And I suppose a possible bearish movement in Bitcoin price below $30,000 USD. But notice one thing that we're in the demand zone on weekly timeframe and it's important to know how the price action will make reaction in that key zone to watch out. For example: in weekly timeframe it's look bullish, until doesn't broke down this market structure, we couldn't to confirm a change of trend. But fundamental analysis speak us that U.S. Dollar it's taking strengthening as global currency and more power But it's important to watch out this key level of supply demand right now I hope that this idea support you. So, as I'm bearish in altcoins like Cardano and NEO, that expectative could to point that Bitcoin could to crash more than we expect. I have a clear mind that Bitcoin and cryptocurrencies it's in the bear market.
COINBASE:BTCUSDShort
by harisonhbn9718
BTCUSDT weekly overview update part IIBTCUSDT will reached the key level of 28.7K soon. This is a special point of interest and institutional support. The price action reacting to these area can project a pullback at least 35k. This don't significate the final of this bearmarket. This level coincides with 23.6% of the Fibonacci Retracement from All-Time-High, also called 'peak of Head'. We have a imponent Head and Shoulders to respect. That's a special point to expect a profitable retrace to complete a prior swing of a greater collapse. Let's see.
Short
by firmestudio
Waiting on Trendline Support or Fail For MoveThis currency is technically is a very large range, and the war isn't making it get any more steady. Even though my bullish trendline has been very respected, I'm starting to think it may have run out of steam this week. If my trendline is broken, we'll probably make it back to 38810 zone and even further down to the 34652 zone. If the trendline is supported, we should make it to 49188 zone for a solid higher high. Here are the TPs: BULL: • 41620.37 • 43660.12 • 46090.47 • 48781.20 BEAR • 41056.18 • 39797.61 • 38929.63 • 37150.27 • 35804.90 • 34936.92
BITSTAMP:BTCUSD
by NikaJourney
Audjpy weekly forex analysis with trading strategy for 02-05-22Audjpy weekly forex analysis with trading strategy for 02-05-22 In the recent times, i have been trading more of aussie pairs. from 2 weeks ago, a 100+ pips sell on audusd shared here video analysis on YT. Last week, audusd and audcad sell analysis which is still doing massively fine. For this coming week, My selected pair from my watchlist is the audjpy for a SHORT. Fundamentally, in the past week, interest rates from the Bank of Japan (BoJ) was unchanged, on tuesday the 3rd of may, the Reserve bank of Australia will announce interests rate which may affect the Aud as the interest rates is forecasted to be increased. Nonetheless, if the interest rate from the RBA is increased to my forecasted rate of 0.25%, i would still consider a short trade. Technically, explained in the video analysis, Audjpy was initially in an uptrend printing higher highs and higher lows then followed by a massive rally to the upside signaling the presence of massive institutional 'Buys' pushing audjpy to an overbought level. After the move and watching closely, audjpy, started changing direction on the 4hr timeframe breaking structure to the downside and created unfilled supply zones as shown in the screenshot above. this was after price failed to break a major supply zone above. Audjpy further printed a SHOOTING STAR candlestick pattern on the weekly chart followed by a bearish week. After all these, I am considering a high probability sell scenario for the audjpy with an entry strategy shared in the video analysis of this content. Let's go take some risks, let's go make some money. regards. Preshus, Millionaire logistics
Short
by MillionaireLogistics
Strategy, Support, Resistance - 4/24/2022This week we watch for a potential reversal of the selloff in stocks based on VIX reaching a key Resistance. The lows of the year may be tested still. Cryptocurrency still fails to gain bullish momentum as Bitcoin and Ethereum give up supports from the recent rally. Oil may get a bid this week back up to the top of the recent range. Gold and Silver continue to disappoint. BIG EARNINGS coming up this week in Google and Amazon and they have the eyes of the whole market upon them!
CBOE:VIX
by norok
2
Strategy, Support, Resistance - 4/17/2022 - Crypto, StocksThis week we look at stocks, cryptocurrencies, commodities, and stocks making moves. The stock market looks to be inside a bear trend coming off the late March rally. I am looking for a spike up on VIX to mark the next stock market swing bottom. Cryptocurrencies have almost all given up their recent March rallies with Ethereum holding its ground for now. Oil is on its way back up to 112. Gold and silver are showing signs of trying to retest the recent failed breakout high but may just be marking a new consolidation. Tech stocks are giving up the resurgence and value stocks continue to be winners.
NASDAQ:META
by norok
34