ADA is in a downtrend. In weekly chart it's on its lows, however looks like bouncing and hitting resistance. At Daily it reached lows of July 2022 and bounce back down, and there are lots of resistance areas around 0,38 and 0,42, as well as EMA 200. However, EMAs are too close one another.
So, in 4h I'm seeing a downtrend. After. rejection of 0,42 highs to 0,297...
BTC is in a downtrend. I tried to break support zone, however moved back. Nonetheless, 21-sep the FED is going to announce the next rate hike, which is expected to come no lower than 75 basis point. Which will give strength to the dollar, thus making BTC continue it's downtrend.
So, I'll enter in a short position at 19712:
- It's close to the volumen zone
- Fib...
ETH is in a downtrend. Today the FED decides next interest rate hikes, which is expected to be no less than 75 points. So I expect the dollar to go up, thus ETH going down, following its current trend.
BC of FED decision volatility, I expect price to go to previos high, bc it's too close.
So, I'll enter a short position at 1383:
- Entry price is at previos local...
Price in a downtrend. Because FED decision to increase interest rate 75 points I consider the dollar will strengthen making all USD denominated to go down.
Entering short position:
- Price at 0.786 Fib retracement level
- Price at a high volumen zone (VRVP)
- ADX shows no strength on upward movement
- Entry pont at 5.8
- SL 1 ATR of entry point at 5.95
- TP from...
Oil is retesting a support (previously a resistance) and it's in a second attempt to break it.
However, it's also at a volume zone, meaning could be strong buying pressure. I'll be entering a long position there:
- Open position at 83.05
- SL 1 ATR below local low at 77.82
- TP at previos high at 123.34
- Squeeze finishing it's downward movement that has no...
CHZ is at a resistance zone from previous high. Trying to break that resistance but volume is diminishing, so I think it not going to make it. Also BTC and equities are down because of strong dollar
I'm entering a short position:
- Price at resistance zone
- High volumen but diminishing. So upward movement losing strength
- Entry point at 0.2466
- SL 1 ATR above...
