With the news of Donald Trump being the united states new president we have seen nothing but euphoric bullish price action of the dollar. However, I believe that it is finally time for that to come to an end and for the dollar to continue in it's gradual and slow demise. I believe the dollar push to the upside was nothing but a retracement on the HTF and with the bitcoin becoming more of a powerhouse we will continue to see the dollar lose its value. This is supported through my analysis as we can see the dollar reacting from the weekly imbalance and creating LL and LH and Breaking structure to the downside. I believe that this will continue this week and be looking to sell after price takes the ASH and forms Wyckoff in my 3H supply. My only hesitation is that my other pairs that go against the dollar I am also predicting to sell, Although we haven't seen the usual correlation between the pairs they normally have i am still cautious but my analysis remains ever true. If the dollar decides to push further up it will simply be filling the remainder of the Imbalance in order to have a proper reaction from the weekly supply.
Here we have USDCAD on H4. I am looking to go long at the Demand Zone as shown. I need to see a bullish price action when price reaches the demand zone. I will update accordingly once the trade is triggered.
We have surprisingly been seeing a steady ongoing short of Gold over the past weeks and anticipate it to continue pushing lower to the downside. We have two scenarios that could play out this week: Scenario A being price pushes down taking the ASL from last week and reacting from the daily demand zone to push up. However, I don't believe that this will have gold pushing past the previous high but rather grabbing liquidity in order to continue in it's downtrend. Scenario B we see market open price may validate the CHOCH to the downside before taking the ASH and the consolidation that's created pools of liquidity to both the upside and the downside and reacting from the 3H supply zone and continue melting taking liquidity from below that has been building up over the past months.
#ELWA time frame 1 hour created a bullish Gartley pattern entry level at 0.638 stop loss 0.618 first target at 0.700 second target 0.739 up to 0.764 MACD indicator show positive diversion , may that is support our idea. NOTE : this data according to time frame 1 hour Its not an advice for investing only my vision according to the data on chart Please consult your account manager before investing Thanks and good luck
#W Wormhole is breaking through the neckline of a cup & handle pattern on the 2-day timeframe? A potential huge rise seems imminent within the next few weeks? Upside targets at $0.51 and $0.76?
Right Translated Day Cycle Low for ETH in around 30 days, we should take off from there!
#WLD/USDT is about to break through the mid-resistance zone? MIL:WLD We have a macro higher low?♂️ Rally is to come✈️ ✔️Short-Term Target: 8.075$ ✔️Mid-Term Target: 19$ ✔️Long-Term Target: 30.05$
The analyst forecasts a rise in Solana's price within the next 24 Days. This prediction is based on a quantitative analysis of recent price trends
Dogecoin (DOGE) has reversed back into its neutral wedge pattern over the past 24 hours, raising questions about the validity of the recent breakout attempt. While yesterday's move above the wedge resistance appeared to signal bullish momentum, the price's inability to sustain higher levels indicates a potential false breakout. Updated Technical Analysis: Neutral Wedge Formation: DOGE remains within the confines of a neutral wedge pattern, characterized by converging support and resistance levels. This pattern often signals a period of consolidation before a decisive move in either direction. False Breakout Indicators: Yesterday's breakout above the wedge resistance, while initially promising, lacked the follow-through momentum required for a sustained bullish trend. Factors contributing to this include: Insufficient volume to confirm the breakout. A rapid reversal back into the wedge, indicating selling pressure near resistance levels. Critical Resistance Levels: DOGE needs to decisively close above the wedge resistance, currently around 46 cents, with strong volume to confirm a bullish continuation. Key Support Levels: The wedge's lower trendline, currently around 40 cents serves as a critical support zone. A breach below this level could signal a bearish breakdown. Immediate Outlook: DOGE has approximately 9 hours to make another attempt at breaking above the wedge resistance before daily candle closes, and it risks losing bullish momentum. Failing this, the price could move deeper into the wedge, prolonging the consolidation phase or even breaking to the downside.
Confirmacion de cruce Ada en pleno bull run! Podria bajar a 1'05 si continua la tendencia.