TRXUSDT technical analyseslong term trend +
mid term trend +
short term +
we have a obvious triangle and this long is if we have momentum conformation via macd rsi stoch and candle
so keep an eye on it and watch the momentum in 1hr timeframe
4h
Bitcoin holding upThe 20 ema is leading the game rn. A correction has to be behind the corner. This could be the right moment, because we reached the 50k psychological threshold... a lot of people took (some) profit,
price goes down 6.6 %
and new people come in. This is why it's called a cycle!! LoL
EURUSD Aug 25th Swing AnalysisWeekly MFI is oversold indicating possible bottom out and major trend continuation to upside. 4H bullish divergence. 4H engulfing candle crossing ichimoku cloud. If price breaks channel looking for swing to resistance levels and final swing price goal of around 1.23000. In the past when price moved from this area it took a month give or take to move 500-600 pips when it was ready. Since August is almost over. If price breaks channel expecting September and October to be bullish and get to final price 1.23000.
EURUSD MIGHT TARGET 1.1800 THIS WEEK IF TRENDLINE & EMA BREAKSDepending on the new weekly pivot points, shall the trendline break the price will likely target 1.1800 region. Shall this happen, then it would likely be just a consolidation move before the downtrend resumes again.
Shall the criteria meet, i will put the details of entry in the comment section.
XRP - 4H Short TradeTaking this trade expecting the last push up to be reversed and continue lower following the bearish PA since April / May
Bitcoin rising wedge on 4H Looks like on 4H Bitcoin is a little bit overbought. I think we are in rising wedge and if we reach $48-50k zone we can get reject and to appear big sell pressure. I still think we can reach higher levels without seriosly correction, but pullbacks like 10-15% are healthy in my opinion. We can break $50k without retest but i don't think is likely this scenario.
EURUSD READY TO TEST R1 WEEKLY PIVOT AFTER H&S BREAK. Hello Viewers, this is an instant trade signal! Therefore, please have a look at the main chart for the following vital trade details:
• ENTRY POINT
• STOP LOSS
• TAKE PROFIT
• RISK TO REWARD
The setup may look simple but I can assure you it is NOT. There are various in depth technical and fundamental analysis incorporated behind the execution. I would very much love to explain these two aspects here but doing that would consume ample amount of time which could affect the appropriate entry point behind this trade! So, to keep it simple the main chart just displays the simplified technical view of this trade.
My way of performing technical analysis basically starts by breaking down the monthly Timeframe down until the One Hour charts. The following are the aspects I focus most on when performing technical analysis:
• Draw Support & Resistance through key common psychological levels on M & W Charts. This helps me to see where the price might stall or breakout.
• Draw Trendlines to determine the dynamic support and resistance levels present on the charts. This helps me to determine where the price might stall and most importantly help determine the path of least resistance behind the active trade.
• I also tend to use EMA 50 on all the Timeframes. This EMA 50 is proficiently proven to act as dynamic support and resistance and is vital behind all my analysis.
• Lastly, I tend to use classic pivot levels to determine my entry, stop loss and take profit levels. The combination of this and all of the above helps me determine the precise and likely trade targets behind the setup.
Another aspect of my way of analysis is reading a lot of news to determine the fundamental aspects affecting any trade. After the technical analysis is performed, I tend to match if the fundamental aspect really supports my technical analysis .
Therefore, as you could see, putting all my thoughts here would surely take up a lot of time which could make the price drift away from the entry price thus affecting the Risk to reward ratio. I understand it is vital for many of you to know the details behind this trade setup, and so if you are interested you could send me message and I will try to share most of what I can!
The Above words are just template I use in all my trades. Shall there be any updates I will provide them here. Thank you
Looking for double bottom bounceThis is just for fun, don't take it seriously. We are a little bit bearish at 4H but i think we can do some bulla pattern at 38-40k zone like doubble bottom or inverse H&S
Bitcoin looking for a little pullbackI am not sure but i am looking for something like this. Rising wedge + decreasing volume and strong resistance. Will be health if we pullback a little bit to 40k.
BTC forming a bearish pattern!This rising wedge is very bearish. It indicates a to sharp uptrend. If we break down the target is around 38k. I think with enough bull power we can break above and do some consolidation. It is only on the 4h chart. On other timeframes i am very bullish.
GBPUSD August 9th-13th SetupPrice broke Structure on 4H from downtrend to uptrend. Price creating Bullish Flag pattern a sign of continuation. 1H Bollinger band and 4H Bollinger band squeeze (impulse move coming). 4H Bullish Divergence created. Looking for next 4H structure high around 1.41193 which is also next Weekly Pivot level.
EURUSD Weekly Analysis Aug 2ndPrice has been creating hidden bullish divergence on Daily and Weekly timeframe. Price recently broke out of 4H reversal pattern for the upside. Major news end of this week will give it another push up. Expecting swing/compound from this pair for the next several months if you can manage and be patient.
US30 August AnalysisWeekly and 4H bearish divergence. There is also a Daily "M Pattern". Expecting price to breakout of consolidation below 34870. Price may reject 4H trendline area. Strong possibility it breaks trendline and reaches daily neckline level of 34000-33761. If it does reach neckline look for possible continuation to 33215-33000 because of weekly bearish divergence and Daily "M Pattern".
BTC 4H, Still in not sure!Price well placed above 40K
Although volume is not good enough.
Divergences need to be considered well.
Double top on 4h!We got two rejections at the resistance level from 40-42k and are now heading downwards in my opinion. Maybe we retest the support line at 27k.
US30 July 27 Megaphone Detailed Analysis I have two megaphone patterns on 4H and 1H. Megaphone pattern is identified as Bulls & Bears in price disagreement. It can be a bullish or bearish pattern. Today I'm defining it as a bearish pattern because of a few reasons.
We have bearish divergence on 4H where price is starting to lose momentum for higher highs.
There is also a Head & Shoulder pattern into play on 4H. Bringing confluence to perspective.
On the right side (1H chart) you can also see bearish divergence forming where the right shoulder is.
You could monitor the right shoulder for a perfect entry or you could wait for the break of the 1H Green trendline.
Price could drop to the 4H Trend line and reverse up quickly which would respect the daily trendline if it closes above before the day over with.
Or price could Break out the megaphone completely and break both trendlines and reach 33000.
We know when US30 is ready for a sell/dip it happens fast and does numbers so be prepared for possible compound trade for major profits.
Expecting price to reach at least to trendline area 34120 and 34220.
adausdt/1d+4hYou can take short or long position base on static lines but for holders it's not good time to opening long position.
EURUSD July 14th Daily AnalysisPrice currently in Monthly range zone 1.18206 - 1.22313. Daily RSI shows Bearish Divergence & Hidden Bullish Divergence. Bearish Divergence is when price made reversal from top of zone to bottom. The hidden Bullish Divergence has been slowly getting created. The marked circles are hidden bullish divergence which means trend continuation to upside. There has been a reversal pattern formed on 4H. You can view pattern in my link to related ideas. Waiting for breakout of pattern.
USD/CHF 4HUSD/CHF 4H Linear scale :
First, we can see a finished cypher down confirming our AB=CD pattern (at the C rn).
I used the BC line which is also the final cypher leg to draw a Fibonacci retracement giving us levels for our trade.
I used the 0% level as a target without being too hungry. We can still adjust the stop loss tho.
We are currently bearish because of our ABCD and possible ( not sure and present on the chart ) falling wedge.
GBPJPY Possible Weekly Bull Hammer Inverse Head & Shoulders on 4H. If price can complete this pattern by the end of week and remain in the area weekly candle will be a big bullish hammer. Indicating possible strong trend continuation for swing move. Price has some resistance obstacles to break though to complete pattern. Has to break small 4H trend line, daily resistance (151.359) and the 50 EMA .
