Technical-analysis
Btc usdt ,,, technical analyst Bitcoin, honestly doubt that the green diagonal line is very important, it can even go up to 20,000, 18,000 and cross the resistance line, but then drop to 14,400, even 10,000, but we have to watch the market volatility We use it in any way, now up or down, we take our swing with our leverage and make profit, it doesn't matter if it goes up or down, we take daily swing and make profit, now whether buy position or sell position in every We benefited in both cases.
$CEI T.A.$CEI trend analysis. Looks very bullish imo. 10-K is about to come out within a few weeks max, as the CEO James Doris has stated. That will launch a squeeze.
KROMATIKA 1 week timeframeKROM is so undervalued and under the radar that it's not even funny.
.10 cents incoming and it's only the beginning for KROMATIKA.
Ethereum technical analysis with USDT pair on BinanceHello,
Today I will take a look at ETH / USDT pair on Binance in the 4h timeframe. Ethereum is right now trading at $1250. The demand zone is sitting around $1100, and the strong supply zone is around $1250. Even if we had a few days of slightly upward movement, I believe a pullback will occur and the bearish cycle will continue to be strong. I can spot the formatting of a rising wedge bearish continuation pattern, and this is the reason why I am expecting the price to move in the direction of a downtrend. I am expecting that Ethereum will be around $1100 until the end of the year, maybe sooner. My signal for trading ETH / USDT is to go short.
Enjoy and have an amazing day!
BF
BTC Weekly Death Cross Incoming What Is a Death Cross?
The "death cross" is a market chart pattern reflecting recent price weakness. It refers to the drop of a short-term moving average—meaning the average of recent closing prices for a stock, stock index, commodity or cryptocurrency over a set period of time—below a longer-term moving average. The most closely watched moving averages are the 50-day and the 200-day.
- Investopedia
Death crosses reflect significant decline in stock or market prices, and have in some cases pointed to further downturns. Death crosses have previously signaled bearish behavior across the broader markets (think: 1929, 1938, 1974, and 2008).
- Fortune
A moving average (MA) is the average price of the given lookback period. The higher the timeframe of the lookback period, the more influential the moving average is.
Here, we are looking at the 50-week MA and the
200-week MA which are very influential and weighty averages.
Bitcoin will need significant upward price action if it is to negate the Death Cross from printing on the weekly timeframe.
Will BTC make a reversal? Or is the Bear Market just getting started?
CADJPY BEARISH BIASCurrently on the 4HTF, price have been making a series of lower highs and lower lows which signifies a bearish trend, in conjunction with this also price is breaking structure and retesting it. So I'm looking forward for a retest of the previous support level before going lower to the recent support.
You can also share your view on this.
I'm open to ideas.
#Head&Shoulder chart pattern in action
Head and shoulder definition: A simple head and shoulders top formation is characterized by a peak representing
the left shoulder, followed by a higher peak which is referred to as the head of the formation. A lower peak representing the right shoulder is found on the right‐hand side of the head. The head should be the highest peak in the formation. The neckline is a trendline that connects the troughs that lie on either side of the head. Necklines may be horizontal or inclined which in our case is inclined. In an inverted head and shoulders formation (also referred to as a head and shoulders bottom), the head is the lowest
trough within the formation.
Head and shoulder pattern completion: The head and shoulders formation is completed with a valid breakout of the neckline Until a valid penetration has occurred, the formation is regarded as merely tentative. But as you can see in our case the pattern is completed since we can see upside breakout of the chart pattern neckline.
Head and shoulder pattern target: The minimum one‐to‐one price objective or target for a head and shoulders top formation is simply the vertical distance between the head and the neckline projected downward from the neckline breakout level. For an inverted head and shoulders formation, the vertical distance is projected upward from the neckline breakout level. You can see this vertical line in the chart.
Head and shoulder pattern entry:
■■ Short at a break of the right shoulder’s uptrend line with a stop placed above the right shoulder or head (see Point 1 in Figure 13.9)
■■ Short at the peak of the right shoulder with a stop placed above the right shoulder or head, especially when there is a significant resistive confluence comprising of significant Fibonacci retracement levels, Floor Trader’s Pivot Point levels, and
psychologically important price levels associated with double and triple zeros
■■ Short at the right shoulder when it is testing the left shoulder’s resistance level, with a stop placed above the resistance level or head
■■ Short on a valid penetration of the neckline with a stop placed above the neckline, right shoulder, or head (see Point 2 in Figure 13.9)
■■ Short on a retest of the neckline after a valid penetration with a stop placed above the neckline, right shoulder, or head (see Point 3 in Figure 13.9)
■■ Short on the penetration of the price associated with the trough created by the retest action, with a stop placed above the trough, neckline, right shoulder, or head (see Point 4 in Figure 13.9)
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Source: the handbook of technical analysis by Mark Andrew Lim
Dow Jones Industrial Average - higher for longerNew analysts claim that the S&P 500 provides a better picture of the markets compared to the Dow. Although the S&P 500 obviously has a larger catalog, the Dow is a direct reflection of international capital flows. Look toward the Dow to see where big money is moving.
The S&P 500 is domestic-oriented, and fund managers and institutions tend to focus on this index. The NASDAQ typically reflects retail, tech-heavy, and usually is the last to the peak. Each index offers a completely different perspective. The Dow Jones Industrials is the big money. You will notice that this index leads the way. It is the first out of a key low because it is typically the foreign capital that comes in based on currency. You will also notice the Dow tends to top out first because the big money tends to pull out first also due to currency.
Capital is flowing like never before, and the smart money is on the move. The USD remains the last safe haven, and money is pouring into the US – for now. Look to the Dow for the best international perspective. ©Martin Armstrong
The trend is higher on the DJIA and stops are being trailed to lock in profits. The PA has taken out the August highs and is now looking for liquidity above the double top around March 2022. The idea is always to look to buy a high and sell higher. I would expect the rest of the major US indices to follow suit.
EUR / USD Bullish Narrative in 2023FX:EURUSD
Better economic growth than expected (EU area)
Energy crisis is politically postponed to winter 2024
Hawkish ECB stance: Not particularly aggressive, but certainly longer lasting than the Fed
Fed slows pace of rate hikes signaled by FOMC dot plots
Undervalued versus other currencies
Extreme dollar long positioning
BITCOIN! History has a tendency to repeat itself.This is my view on #BITCOIN. Long-term I am LONG on CRYPTO but every bull-run has to end. Don't be the guy that took no profits from the bull-run.
In this technical analysis, monthly chart is being used to see the bigger picture of what's currently going on with Bitcoin:
1. We can see that every bull-run ends with closure of one bearish monthly candle.
2. We can see that after monthly candle closes bearish, price tends to pullback to the point from where the bull-run started.
3. Also we can see that price respects and stays above 50-day exponential moving average.
4. We saw a bearish monthly candle close once again and price started to drop.
5. Fibonacci levels are being respected for now... and if price keep respecting Fibonacci levels we may see another drop to the 50-day exponential moving average that aligns perfectly with Fibonacci 1st target. Or even lower to the 2nd Fibonacci target which again aligns with the zone from where the bull-run started.
Ethereum Trading Technical Analysis High Accuracy Because of Volume low switch to 1H follow the trend High Accuracy Technical Analysis
Market going down? What do you thinkDISCLAIMER: I DO NOT GIVE SOLICITATION TO BUY OR SHORT
Seems like market is continue its down trend based on pattern. What do you think ? OCTOBER 21 , 2022
I cover various stocks which can be profitable based on the stock charts and technical indicators. I try my best to explain as detailed as possible but your feedback is also appreciated
Before you enter a trade , one must learn how to master the charts as Stock charts play a big role in deciding when to buy or when not to buy. Technical Trading help in predicting price movements and have a risk management. Stock trading is like any other business and must be taken seriously. Lot of people lose money because they don't educate themselves and end up placing trades blindly which results in big losses
Stock charts is the major component day traders, swing traders, core traders use. Times and technology has changed and if you cannot adapt to the new methods , there is a high chance you will be left behind
Millions of shares are traded now using desktop , laptop or gadgets and stock charts is what majority of traders look at.
So , if you want to be a daytrader , swingtrader or coretrader learn how to read and interpret charts. There are lot of great books out there like Thomas Bulkowski's Encyclopedia of chart patterns and Steve Nison Japanese Candlesticks interpretation
Having someone experienced can also cut the learning curve time for a new trader. Trading does take time and with discipline , hardwork , dedication and most importantly Passion for this needs to be there.