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Doge inside wave p what should i do nowHi friends ! Dogecoin consolidationg in the narrow range . This means that the price is compressed , but it is on the decompression you can make the most money . We have to not miss this decompression . In this idea , I will tell you how to catch a powerful movement and make money on the rise . Now the price of DOGE below the 2 HUGE value areas which are resistance for the price . The big players continue to collect the liquidity close to the local lows and it's good for upcoming movements ! Preconditions to open long : ➕false breakout of the wedge ➕volume growth which confirms the pressence of buyer ➕DOM and Footrpint scalping tools help you to find the bottom and reversal point for the DOGE . Huge orders on the DOM usually help me to set short sl and get the best RR ( risk to reward ) ➕bullish BTC force the altcoins to grow and reach all targets The most important value area is $ 0.06-0.065 . The bottom of this area become the resistance for the price and if the bulls have no power to break it , the price continue to fall . ❗ If you open a long at the false breakout of the wedge , i recommend you to pay attention to this area . Maybe , it's worth to book 50 % of profit . ❗Friends , press the " boost " button , write comments and share with your friends - it will be the best THANK YOU . ❗ Personally , I open an entry if the price shows it according to my strategy . Always do your analysis before making a trade .
by dr_heidary
DOTUSDTHello my dear friends Keep in mind that the main trend of the market is downward in our opinion! But currently, according to the positive divergence of RSI and the formed pattern, if the current trend is higher than the price range of $7.23. And on the condition of maintaining the range of $6.79, the possibility of forming an upward trend up to the specified ranges is not so unlikely. But if the price moves below the price range of $6.79, the possibility of continuing the downward trend to the yellow range ($6.29) will be strengthened. We would be happy to hear your comments
Long
by FiboTech
Is Bitcoin holding up? Waiting for U.S. unemployment data at 3:30 p.m.! Subscribe and get a free trading strategy for Bitcoin and Etherium every day! Good afternoon, yesterday bitcoin failed to break through the 20500 level and started a local downward flat to the 19500 extra zone from where the buyer reaction came immediately. Ether's move to PoS was successful. We are waiting for the unemployment data, which could have a negative impact on the world's major indices and bitcoin. In simple words, if the number of jobless claims decreases, it means a lot of workers, it means more paychecks, people will spend more, inflation will increase and this will negatively affect the Fed's rate increase, and the rate increase, in turn, will negatively affect the Bitcoin rate. And so let's look at the LONG/SHORT scenarios LONG To continue the local upward movement on Bitcoin, we need to follow the SPX500 index and the unemployment data today at 15:30, to go to the zone of 24,000, you must first consolidate above the level of 20,500 dollars (local resistance), and so impulsively pass the zone of 21,200 dollars and consolidate above it. Short The short scenario for bitcoin will be consolidation and trading below the level of 19500, then to me, it will look like a Short on the break. P.S. I don't stick to time frames in my analysis of the instrument, a reaction in the instrument can happen earlier or later. It is important to understand the price movement when reacting to the level as well as the buyer and seller reactions. Well, a couple more secrets, but you already have the material ready)))
by Anton_t_t_t_eng
2
EURJPY Technical UpdateTechnical Analysis Chart Update EUR / JPY ( Euro / Japanese Yen ) Time Frame - H4 According to Long Time Frame #LTF - Daily , we have Correction in " Rectangle " having " ABC " corrective waves It has completed " B " corrective wave and it has to Follow sell trend to complete its " C " Corrective wave We have " BULLISH CHANNEL " in Short Time Frame #STF - H1. If it Rejects from the Lower Trend Line then Buy If it Breaks the Lower Trend and Retest then Long Term Sell According to ELLIOT WAVES in #STF it has completed " 12345 " Impulsive waves and " A " corrective wave
by ForexDetective
Decisive Moment for NIONio is very close to breaking out of the long term downtrend from 69$. As you can see it has bounced with very high volume from the .618 Fib level. With great confidence, and also reclaimed the .382 fib (~19.55$). This is now a very strong support level. 24$ remains a target on which we have a confirmed upward trend reversal (from 69$). Again, this is to still be broken. Indicators point out there is enough room on Daily to move forward with upward movement. No exhaustion shown on buying power, and also looks there is an upcoming squeeze to upside if it remains at these levels. Fundamentally, Q2 earnings call was really a boost for confidence for many investors, the NVDA restrictions on certain chips will not hurt NIO in any way, confirmed by NIO. Also NIO is looking for other options longer term but this side-story can pretty much be closed as there is no impact whatsoever. Morgan Stanley also says technically this stock is bottoming out, also ET5 has shown a humongous interest by buyers, people standing in line even to view the ET5 at NIO house + additional budget benefits if they locked in their order by 9th September. This is a great success. Expect with upcoming catalysts, launch in Germany & Netherlands this will be a great final quarter of 2022. NIO Park should also be going ahead with the first preperations & executions of their ET5 model. Also NIO has been seen in the US with their ES8 NIO automomous driving capability. Blue sky coming.
NYSE:NIO
by SpeedyNL
NZD/USD for long? There is a potential inverted head and shoulders pattern on the nzd/usd chart. So it all depends on the CPI numbers; if we see a price drop to the 0.6060 area, and if the CPI numbers come in lower than expected, we can consider the scalp long position relatively safe at that point. Higher CPI numbers are very likely to extend USD strength (in which case you can wait for the bullish pattern to fail and go short), so don't anticipate the numbers and wait for clarity.
by merjemascerija