BTC CONSOLIDATION/PAMPi made this chart on the 15th. that top green line is the last call everything else has played out
Consolidation
Redington Darvas boxRedington is consolidating in a range from 140 to 178 from past 8 months.
It is kind of flagpole pattern. Seems very bullish if it sustains above 180. A weekly closing above 175 can be a sign of breakout as well. RSI is becoming stronger.
SJT ideaPrice broke out of long time resistance area, made new highs and consolidated for a few days, From here we can see just another push higher, or a retest of the resistance as support (ideal, better R:R
Huobi Token is in good consolidationHi Friends,
As we can see in Weekly Timeframe chart Huobi Token ( HUOBI:HTUSDT ) is in good consolidation I think it is accumulating. Most of the time such long consolidation will give a breakout towards the upside.
Huobi Token ( HUOBI:HTUSDT ) is the native token of the cryptocurrency exchange Huobi Global. It is a decentralized digital asset based on the Ethereum blockchain and is ERC-20 compliant. Huobi Token was first launched in January 2018. So it has been some time since it launched. Old crypto projects have high trust.
Remember this is weekly TF trade so you have to HODL Huobi Token for weeks if not months. Also, don't forget to manage your risk as the crypto market is highly volatile in nature. Share your opinion in the comment section.
GOLD - BULLISH MOVE 🚀🚀🚀the XAUUSD price breaks the resistance level ,the old resistance becomes new support ✔
i predict a bullish move 🚀
TARGET: 2003.940 🎯
if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
US30 SHORTOANDA:US30USD
bullish pin bar with a long wick indicating a continuation of bearish trend with price
breaking out of consolidation zone. A retest is likely and will continue bearish trend
$BTCUSD ConsolidationBitcoin consolidating in this channel. With regular stocks this usually happens before a next leg up or down. I think some of the bigger crypto plays are looking at the general market for direction. The correction between major indices and these crypto currencies have never been larger.
SHIB flirting with a BreakoutSHIB is looking interesting vs USDT. Price action has been consolidating into a relatively tight range between a flattening Curved Resistance and a Rising Support. Combined with a recent Daily Bullish Divergence and a potential switch of momentum in the indicators, I'm becoming more and more convinced that a sharp breakout is brewing. I'm interested in taking a small position here.
Good Luck.
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These are my personal views and not financial advice. Please do your own research before investing.
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OLN channel breakAfter breaking out of a descending channel, price consolidated sideways and now is attempting to break and retest top of the channel.
📈 Triangle consolidation A symmetrical triangle is forming in PDN. We have made the bottom side of this triangle, and it looks like the price is returning now to the upper side. Around quotes of 0.98 AUD should the upper border of the triangle be touched. After breaking the triangle pattern at this point or later, the bullish trend in Paladin Energy Ltd. should continue.
Buy AIAENGSwing Trade Idea
Buy AIAENG Above 1785
SL: 1680
T1: 1880
T2:1940
There is minor resistance around 1815 level. Safe Traders can go long above 1815 as well.
Risk Reward is not very favourable in this trade.
However, one can take this as a Swing trade based on the levels mentioned on the chart
JSWSTEEL getting ready for next upmove?After an extraordinary bull run from March 2020 to April 2021, JSW steel has been consolidating from the past one year.
It has already given a breakout from flagpole pattern and has reached its ATH which is 776.50.
RSI is looking very strong as it is above 60 in the weekly TF. Looks like a good swing as well as positional trade if it sustains above 775 . One can add on dips upto 725-730.
This opinion is just based on my personal analysis and not a trading suggestion.
GER30 Sideways for the bullsPotential sideways for the bulls 12430 became a new low for GER30 right now at 14200 consolidated but the bulls won’t give up that easily.
Bollinger bands showed a push up that the bulls has a push up potential to go sideways, anyways big fall and the war still going at ukraine. Now GER30 is now getting the experience but need the bulls to take over.. in order for bulls to break 14500 structure area.. then on the way to recent highs.
Don’t think the big fall will happen for GER30 since the new floor had been made.
Watch reversal happens , trade carefully. If the zone area breaks pass below 14000 area it will melt bad
Also if the recent high breaks then on the way to new highs.
$COIN - Sitting on Demand, Look Out Below$COIN shares a structure similar to many charts I posted earlier, with the key difference being that there are NO supports below.
A bounce here is highly probable, though if we lose the demand zone we'll likely make a trip down to 150 before moving lower.
Traders Beware.
$RBLX - Consolidation atop SupportAfter breaking it's downtrend upon creating new ATLs, $RBLX has bounced aggressively and began to consolidate between two key price levels. ($43 - $53)
We are now currently resting on top of our $43 support level. A bounce from here would allow us to trade this name up to $53 and capture a 25% move, while a break and close below 43 sets us up for a nice short down to 36.
Sideways and almost ready.Price consolidated sideways for a few days, and it wants to break higher to retest previous highs.
OTHERS - SLOW BLEED OR CONSOLIDATION?OTHERS needs to bounce here and otherwise next level on the trend line. Possible that this was a hopium bounce and we turn into a downtrend again.
MMATIn this video we look at the long term outlook and trend of MMAT. we discuss potential targets and try to translate what the chart is signaling
HOW TO: Differentiate Accumulation vs DistributionHello, in this video I discuss a current active trade on AUD/JPY (see my page) and how I decide whether a consolidation phase is in accumulation for a wave up, or distribution for a wave down...
I believe that the AUD/JPY pair is in a distribution phase and I explain why in the video.
don't usually make videos and I'm sort of congested today so sorry if sound quality isn't subpar...
:)
safe trading and have a good weekend!
Smart Money vs Retail tradersIn this Chart I show you the Universal Trading narrative of the FOREX Market. By simply knowing that the trend signifies the market is reaching for liquidity and to fill imbalances you will always be able to catch a entry or two or three daily on your pair. The market makers make money when the Smart Money pulls their profits creating order blocks aka consolidation. When the market makers accumulate enough buy and sell stop orders they continue the move often with the trend. The Big Trend Moves are always the Smart Money. Trade with them and you will always eat!
Happy Trading Family!
BLNK getting tightPrice has been consolidating and trying to break $26 for quiet a while now, watching for a break for a possible runup towards $30
The pullback hasn't ended, keep an eye on this!Firstly, I want to say I'm sorry because I didn't announce I was going to take a break from posting this week. But I'm back. Bitcoin broke the $46.2k nPoC (check previous Weekly Review post) right after I published my thoughts, and ww rallied until $48k. After that, we started to see a pullback to around $44k, which got bought up.
The main thing I see on this week's price action is that price failed to set a higher high, and, to be even more bearish, it flipped the support level at $47k (0.618 fib, weekly PoC and anchored VWAP) to resistance. But this is not enough. We also see that, on the volume profile, that most of the volume traded is at the top, meaning that a consolidation is what whales are looking for.
My targets stay the same (again, check the last Weekly Review): mainly the FVG sitting at $43k. I do expect some crabbing around these prices at the start of the week, to be honest. Lastly, I want to thank you again for reading my posts. Have a good trading!
How the BTC consolidation will end up❓Looking at the mid-term Bitcoin price action, we can point out the support and resistance levels. The support has been formed at $44,226, which initially was an 88.6% Fibonacci resistance, now acting as the demand level. The resistance was formed at $48,195, where BTC/USDT bounced off the top of the ascending channel.
Considering higher highs and higher lows patterns, the probability favors a continuation of an uptrend. But, .......
