BTCUSD 1W 25/04/2023 Currently, on the weekly timeframe chart, we can see that the price has made an initial structural change to the upside. If it closes above the current range at 31,170 with a strong bullish candle, we could see that the double break of structure to the upside would result in a new weekly bullish trend that we could follow to anticipate a sustained and consistent upward movement.
HTF
XAUUSD 15M 25/04/2023In the 15-minute timeframe, we can see that the price has changed its trend to bullish. Therefore, we could look for some type of upward reaction to reach our zones of interest in higher timeframes. In this timeframe, we should wait for this range to be liquidated, either by closing above 1994 or by retracing to the zone between 1979 and 1976 to expect some kind of bullish reaction. However, we should always keep in mind the factors that are at play, as we would not be following the main trend, and we should be cautious. Moreover, we should note that the price has only broken to the upside once, so we would need to wait for a double breakout to be more confident about a bullish entry.
XAUUSD 1H 25/04/2023Currently, in the one-hour chart, we are within a bearish range that spans from 2011 to 1969, with the latter being the range's liquidity point in this time frame. We notice that the price did not close above the first gray zone, which ranges from 1998 to 1989, so if the price returns to this area, we could expect a bearish reaction. On the other hand, if the price touches our second zone, ranging from 2008 to 2005, without performing a pullback, we could look for a bearish reaction to liquidate the range.
SPX 15M 24/04/2023On the 15-minute timeframe, we are currently in a bearish range between 4144 and 4121, with the latter being the liquidity zone of the range. This makes it a potentially good target for a short trade. Currently, the price is retracing to the grey demand zone of the range, so with confirmation, one could enter a short position, anticipating the continuation of the trend and the liquidation of the 4-hour liquidity points.
SPX 1H 24/04/2023In the one-hour timeframe, we observe that the price has retraced to the grey zone around 4143 and has reacted favorably to the 4-hour trend. Once again, the price action is close to retracing to the same zone, which could indicate a potential short trade if entry criteria are met. Similarly, we can refer to smaller timeframes to observe new ranges forming in favor of the 4-hour trend
EUR/USD Short-term & Longterm IdeasWhats up TV community. just want to share with you guys my view on EURUSD. From yearly Topdown to Daily.
We touched the Yearly Demand level & the 3Month Chart has a strong bullish candle which engulfed the previous bearish candle. (some bull signals) on Monthly timeframe we eliminated the last Supply CP and we created nice demand level with imbalance, which indicates more bulls kicking in. Now we jump to Daily timeframe and use our fresh demand levels to jump into the rally .
Never forget one major thing. Follow your trading plan. i am just sharing ideas. If something big happens with fundamentals technicals can change never forget that.
Enjoy your trading.
SINI - POWER PLAYI bought my positions today
February 24, 2023
The reasons:
1. Low-risk pivot point;
2. The stock is up >100% in less than 8 weeks;
3. Corrected the least during the pause, less than 25% correction;
4. Volume dries up as a sign of less supply coming to the market; and
5. It breakouts with huge volume.
This stock is more like a power play on top of a power play, a strong leader characteristic. Moreover, It is in its own cycle, marching to its own drummer.
FITT - POWER PLAYI bought the stock today (19.12.22)
The reasons I buy:
1. Low-risk entry
2. The stock is up >100% in less than 8 weeks
3. Good-looking power play setup
4. Strong reversal as a supportive action on 13.12.22
5. Low volume in, high volume up
This is a classic power play setup with monstrous potential.
BTC simplified longterm analysis Using fib timing on the RSI, log growth curves, range levels and channels we can estimate the longterm path of BTC. First we notice two rejection off the upper band of the long-term log curve which signify a move to the lower bands of the log curve.
It seems that BTC peaks between 0.618 and 75% of a fib cycle on the RSI, projecting the next peak should be around Jan 2025. BTC at that time should be between 320k and 220K. the 3rd multiple of the 2017 to 2020 range is 270k.
Historically the bottoms of BTC were always around the 44% of the monthly RSI, this will correspond to the 0.618 fib extension and the midband support of the log curve at 24.6k. the 3rd fib cycle bottom is on September 2022. September is historically a bearish month.
HTF direction LTF execution Hello traders
-In this example, we have explained the high probability setup after a reaction from a strong supply zone.
- Here, we have an entry after the reaction from the supply zone, which we will break down in detail in the following steps;
1) We can see that the price is in a downtrend, and supply has full control.
2) The price moves towards the supply zone, and make liquidity
3) In one move, the price picks up liquidity, and we see a good reaction from the supply zone.
4) An impulsive reaction from the supply zone tells us that we have a strong supply zone and we can expect a downtrend
5) After the reaction from the supply zone, we see a nice momentum, and then the price starts to pullback to our entry.
6) The price creates liquidity, that's another positive confirmation we see here.
7) We currently have everything we want to see, and the price from our entry is expected to continue impulsively towards the downtrend
- It is very important to read the PA in detail in order to understand the psychology behind the PA and to more easily recognize your high probability setup.
-Other people do not look at the market the way we do. They do not look at everything in detail. They don't know that this is necessary because if they do not understand the language of the market, they will have a lot of problems.
-It is hard, it requires time and hard work, and you need to be eager and well disciplined.
-Once we learn the language of the market and the way it communicates with us, we will always be able to understand what the market is saying to us.
- Don't forget to leave a like, if you have any questions, write us below in the comments.
HTUSD 30 % dumpWith FTX exchange collapse the whole crypto market has been collapsing.
The price of HT broke the key support area. The bounce that we saw yesterday was just a successful bearish retest (the same what saw in BTC).
Most likely the price will continue dropping. We expect minimum 30 % drop in the near future. However, if there´s a strong FUD or Huobi exchange collapses like FTX, the price will drop to 0,90$ or even lower.
Ugly time for cryptocurrency market.
BTC HTF OUTLOOKBTC retesting downtrend resistance after an initial breakout.
Since the confirmation of a top in bitcoin and a confirmation of a lower high and therefor downtrend, almost exactly a year later BTC broke out of the downtrend and rallied to 21.5k before a macro news event causing fear and mass selling back down to local lows of 17k. which also coincides with a retest of the trendline.
If BTC can hold and rally off these lows it would be a strong place to start building for the next bull market. However if this area of support fails then a further drop down to 14k is possible.
Not financial advice
HTUSDT - The Obvious Short.We are waiting for a false breakout of the local highs and looking for an entry point to the short position at favorable prices.
If you like the idea, do like it. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
In the last idea I tested the ground for entry into a short position. At the moment the short becomes more obvious.
The real buyer of Huobi is Justin Sun ? The sale of a majority stake in cryptocurrency exchange Huobi was completed last week. Management to About Capital, which, according to journalists, is owned by Justin Sun. The Tron founder himself denies any involvement in the agreement.
On October 10, freelance reporter Colin Wu said that Justin Sun was behind the purchase of Huobi. He is the main investor of About Capital and the idea to buy the exchange belongs to him.
According to Wu, the deal was worth about $1 billion.
Sun took over as "global advisor" along with Leah Wald, CEO of Valkyrie Investment.
About Capital said the appointment aligns with Huobi's new strategy to move within the global marketplace.
If you liked the idea, give it a like. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
Bitcoin HTF overview - more downside$BTC basically at the 2017 high right now. Should be strong support.
But looking at this 1W HTF chart I can't help but see more downside potential. Seems very counterintuitive to look at this chart and conclude the lows are in, imo. Notice the increase in volume as price continues to drop.
And looking at the volume profile, and the visible gap, I don't think a drop to 13k would be unrealistic before the next bull market (2024?).
One thing I wonder, looking at that POC, is if 9k would happen at one point. Could be a very quick move. Not a bad idea to set a buy order imo, just in case.
Hopes crushed?? Is Bitcoin Bearish??Over the last week we've seen a lot of optimism in our markets, but are we getting faked out?
Please refer to the charts below, there is no technical analysis whatsoever on the chart posted above.
It is worth noting that SPY has shown signs of relief and earnings are not as bad as anticipated...
With that being said a relief bounce was expected, but have we met our end regarding BINANCE:BTCUSDT
We previously witnessed Bitcoin break it's bearish market structure and head to the upside, however it has once again broken that same structure on the HTF and began showing bearish signals.
Bitcoin had been dancing in it's previous range above 22,500 which was considered bullish. Here you can see the break down of that range and it's points of confluence on the 15 minute chart.
Chart-
As you can tell we've broken down through that range low, and now it's time to pay attention to the previous ranges from last week on the 4h HTF.
Here's that labeled chart, I'll go into detail after...
Chart-
This timeframe is where your focus needs to be...
As you can see last week we broke out of Bearish Market structure on the 4H (Why Optimism is high), however we have now broken back down through that MBS level. We look to head down here if we begin breaking those previous resistances which are now support from last weeks ranges. I expect Bitcoin to find some support through the value area but if you are a positional trader your main focus should be on major areas of confluence.
Remember, we can't predict the market, but we can find points of confluence and observe which direction price action takes from the levels.
We have major confluence at 20,300 and here's why...
This is the middle of our range, and Equilibrium found using the .5 level on the Fibonacci tool. This level is also very powerful in the fact that the , middle of our range finds confluence with our point of control, found using the Volume profile tool.
I plan to watch this area closely to make trade decisions if we begin to head towards it.
However this level could become irrelevant if we decide to reclaim the recent range above 22,500, only time will tell.
it's best to watch the high and low points of these ranges to conclude an overall market sediment, however for now am no longer bullish since Bitcoin has returned to last weeks range.