Seems as if BTC is setting up a distribution curve based on the 1D manipulating//wick away from an imbalance candle so dissecting on the 15MIN and 5MIN we see our setup forming with a high probability for a break down
This are the scenarios I will be following in the incoming 2-4 of weeks. GU has touched the 1.2500 support level for the second time in the last 30 days. 1.2500 it's an important level for the pair, as if it breaks down the next target level is the 8 months old 1.2300 level which is also the 100% retracement from the previous HL/HH. Scenario 1 Lon g: I will be looking to buy at successful break of 1.2800 and EMA100 + Candle patterns and a catalyst to confirm the move. I will be targeting 1.3000 and 1.3300 Stop loss around 1.2750 Scenario 2 Short: For the short scenario I will wait to see the price coming back and re-test the 1.2500 level before I look for an entry. Take profit 1 will be at 1.2300, Take profit 2 (14 months old low) 1.2000 And Stop Loss just above 1.2500 https://www.tradingview.com/x/C9Z9Inqt/ I will also use the same targets and levels for Day Trading https://www.tradingview.com/x/gaBy0bmI/ I hope you find this information useful and feedback is welcome. Merry Christmas and Happy New Year
Steel is descending on the D branch. Then the wave E will lift the price.
How expensive is the market? The average wage earner has to work 167 hours to buy 1 share of the S&P 500. A new historic all-time high! The markets are crazy expensive! The inflation no one shows you or talks about is driven by massive deficits and cheap money. Extreme Caution is in order!
Floki (FLOKI) is the people's cryptocurrency and the utility token of the Floki Ecosystem. It is a cryptocurrency birthed by fans and members of the Shiba Inu (SHIB) community and is inspired by (and named after) Elon Musk’s Shiba Inu.
meadline is important. if breaking up Altcoins will become dumped and if breaking down Altcoins will become jumped. if parallel channel has been breaking down Altcoins will be jumped so intensively.
Stratis (STRAXBTC) is producing the highest volume ever today to break above resistance. The action we are seeing now on this pair is also the strongest bullish action ever. This can be translated as the start of a major bullish wave, which means that there will be additional growth. This is awesome. I am seeing some of the major Altcoins going down today and some of the minor Altcoins going up. This means that money is flowing from the big ones to the small ones; this means that the Altcoins market, the small and medium-sized ones, is about to experience a massive run. This is all better than great. We can assume that the giants will continue to consolidate, move sideways, while the smaller ones grow. Remember, the market is set to consolidate but with tens of thousands of Altcoins, some can grow will others don't. Choose wisely. Thanks many for your insistent support. Namaste.
#ONE The price is moving in a descending channel on the 4-hour frame and is expected to continue upwards We have a trend to stabilize above the moving average 100 again We have a descending trend on the RSI indicator that supports the rise by breaking it upwards We have a support area at the lower limit of the channel at a price of 0.02226 Entry price 0.02512 First target 0.02973 Second target 0.03367 Third target 0.3865
#AVAX The price is moving in a descending channel on the 4-hour frame and is expected to continue upwards We have a trend to stabilize above the moving average 100 again We have a descending trend on the RSI indicator that supports the rise by breaking it upwards We have a support area at the lower limit of the channel at a price of 34.51 Entry price 37.44 First target 41.56 Second target 48.20 Third target 55.62
Hello, VANTAGE:SP500 has closed above the 1-month pivot point, signaling potential for further upside, even though sellers are currently exerting strong pressure. What we need now is a sustained position above the 1-month pivot point, and if that occurs, we could be in for a significant move upward! No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344