Wave Analysis
Bitcoin and altcoin overview (December 19-20)It's been about 2 weeks since our last analysis, and now we're returning with daily posts on weekdays, except for the New Year holidays of course.)
During this time, Bitcoin traded within our two marked volume zones $100,000-$103,000(cluster anomalies) and $97,000-$94,400(braking volume) and has already managed to break out of this sideways movement, setting a new ATH again.
At the moment, we have corrected to the buyer's zone of $102,000-$100,000(accumulated volume) and have already received a reaction.
The main expectations are movement towards the local selling zone of $103,200-$104,200(maximum horizontal volume of the downward wave). In the near future, we should expect the formation of a full reversal structure and a retest of ATH, as we haven't seen any anomalous aggression or strong fixations from sellers yet.
Selling zone: $103,200-$104,200(maximum horizontal volume of the downward wave).
Buying zones: $102,000-$100,000(accumulated volume), level $94,200(buyer aggression), ~$80,000(volume anomaly), $77,000-$74,000(large volume zone).
Interesting altcoins
For SOL , we are in the buyer's zone and can now notice strong absorption of sales. We expect the formation of a reversal structure through the marked scenarios.
If there's a complete breakthrough of $199, we'll cancel the quick recovery scenario.
$BTC update short tradeAs indicated earlier, I expected that MARKETSCOM:BITCOIN could still make a significant correction.
Just didn't hit the box, but fib 1,618 extended and correction back below bullish resistance.
For now I don't know whether we want to complete the correction or whether we have now found rock bottom.
I think that after yesterday we are really scared and that we are not quite ready yet.
The only thing I want to say is that I am certainly bullish for the long term, but these bloody days are really necessary for the big bull run. Buttocks together and hold on.
As soon as you sell and or your stop-loss is hit in a declining market, it only means that others will run away with your money. Of course I provide trade safely and control over your portfolio.
Be kind to the world and each other!
GBPJPY // minor long expansionThe market is in a H4/H1 countertrend within the daily minor long trend.
I'm waiting for a break of this countertrend and target the H4 breakdown zone (aqua) and the clean daily breakdown (green) - that is happen to be the border of the primary long trend's expansion phase.
The idea is valid until the daily impulse base is broken.
The H4/H1 countertrend is valid, so it may go further south, testing the daily breakout (blue).
———
We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds.
Stay grounded, stay present. 🏄🏼♂️
Your comments and support are appreciated! 👊🏼
DAX // Possible start of the CountertrendThe daily trend still holds at all-time highs and beyond every measurable target, but H4 has already turned south.
The last clear breakout is on H1 at the countertrend line break, and the market crossed it by a couple of pips.
Not significant, but still a close below the trigger level.
The position should be closely watched at the daily impulse base.
Either to close the trade, or to add to it.
———
We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds.
Stay grounded, stay present. 🏄🏼♂️
Your comments and support are appreciated! 👊🏼
SOLANA // idea for both directionsThe daily short countertrend is valid, and the market has reached the correction fibo 50 level.
The question is: will it reach 61.8?
If the market can significantly break the last clear H4 breakout significantly, it may have a chance.
If it turns up, and there is a significant (trigger) candle in the long trigger zone, my target is the weekly target fibo 200.
———
We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds.
Stay grounded, stay present. 🏄🏼♂️
Your comments and support are appreciated! 👊🏼
GOLD change of trend? Daily EMA heading for the trend line SHORTHello fellow traders
This idea is based on a few technical indicators and latest news entering this trade with a T/P at 2550 being Value area zone and close to daily EMA 200. The S/L just above the daily candle at 0.382 Fib level entry as I believe this is the strong 'correction' and recovery to 0.5 or 0.618 less likely
Trade carefully, always protect your capital with a s/l which you can handle without tearing your hair :D
BTW- this is just an idea not a trading advise, good luck
EURCHF: Preparing for the Fifth Wave Down?The current upward movement in EURCHF lacks the characteristics of a strong impulse, leading me to assume it is part of a corrective structure within the fourth wave. I expect the pair is beginning to form the fifth wave of the larger 1st wave down.
However, an alternative scenario comes into play if the price breaks above the 0.93894 level, which could invalidate the bearish outlook and shift the wave count. Until then, the downward trend remains the primary expectation.
H4 CLS withing D1 CLS, HTF Order block, Model 1H4 CLS within D1 CLS, HTF Order block, Model 1
you are welcome to comment with your thoughts and share your charts or questions below, I like any constructive discussion.
What is CLS?
This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are smart money of the all markets.
CLS operates in the specific times which will give you huge advantage and precisions to you entries. Focus on that. Its accuracy is amazing.
Good luck and I hope this educational post helps to become better trader
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
FILUSD_1D_BuyAnalysis of FILUSDT symbol in medium and long term daily time frame
The market is in 5 rising waves, which is currently in the 4th wave of correction, which can suffer in the range of 5.855 and 6.333, and again by filling the range time, it can move to the 5th wave and the next rise and move to 10.000 slow
The percentage of growth is 100%.
Daily CLS within Weekly CLS, Model 1 EntryDaily CLS within Weekly CLS, Model 1 Entry
you are welcome to comment with your thoughts and share your charts or questions below, I like any constructive discussion.
What is CLS?
This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are smart money of the all markets.
CLS operates in the specific times which will give you huge advantage and precisions to you entries. Focus on that. Its accuracy is amazing.
Good luck and I hope this educational post helps to become better trader
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
$DOGE isn't ready yet?Looking at the previous bull run with CRYPTOCAP:DOGE , we should correct to 50% from here. Then the correction is also completely complete for the bull run.
I think 50% is also the maximum for the correction. But in these crazy times, I wouldn't be surprised if we made some deeper corrections.
For now I expect a slightly deeper correction, but once it is complete we can only go up from there.
I secretly hoped for a CRYPTOCAP:DOGE Christmas, but I'm afraid we'll have to test our patience for a while.
Be kind to the world and each other!
BTC - Let's Do It Again!Hello TradingView Family / Fellow Traders, this is Richard, also known as theSignalyst.
📈 As per my last BTC analysis (attached to the chart), BTC rejected the blue circle zone and made a new ATH.
If you missed it, we might have another opportunity to catch it again.
The new blue circle marks the intersection of a key structure, the lower blue trendline, and the $100,000 round number.
📚 According to my trading style:
As #BTC approaches the new blue circle, I will be looking for bullish reversal setups (such as a double bottom pattern, trendline break, and so on).
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~ Rich
#ENA: Unlocking the Power of Smart EnergyDescription:
This trading idea highlights ENA, a cryptocurrency designed to revolutionize the energy sector by integrating blockchain technology into smart grid systems. ENA focuses on creating a decentralized platform for energy trading, enabling peer-to-peer transactions, and fostering transparency in renewable energy distribution. By leveraging blockchain, ENA aims to reduce inefficiencies in traditional energy markets, promoting sustainability and innovation. As the demand for clean energy solutions grows globally, ENA is positioned to capture attention with its strong use case and potential for adoption in smart energy networks.
It is important to acknowledge that the cryptocurrency market is volatile and subject to external factors, such as regulatory developments and macroeconomic conditions, which may impact prices. Investors should approach trading ENA with a clear strategy and proper risk management to navigate potential market fluctuations effectively.
Disclaimer:
This trading idea is for educational purposes only and should not be considered financial advice. Trading cryptocurrencies like ENA involves significant risk, including the possibility of a complete loss of capital. Always perform thorough research, consider your financial situation, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
Is this setup still valid? $XRPI showed this a few days ago when all the euphoria was still in the market.
If we start looking at repetition of patterns, we could easily end up repeating them.
I don't know if it will happen, but with Bitcoin still in serious doubt, it wouldn't surprise me.
Time will tell.
Be kind to the world and each other!
Market Structure Analysis of GBPUSD Using SMCOn the 4-hour timeframe, the main is downtrend.
On the 1-hour timeframe, the main is uptrend.
On the 15-minute timeframe, the price shows a bullish reversal signal.
Therefore, there is a possibility that the price will rise and break through the previous high.
HF Sinclair Corporation | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# HF Sinclair Corporation
- Double Formation
* Retracement 1 | Not Numbered | Trend Entry
* 55.00 USD | Neckline Adjustment | Subdivision 1
- Triple Formation
* 012345 | Wave Count Survey Completed | Subdivision 2
* Retracement 2 | Downtrend Continuation
* Retracement 3 | Daily Time Frame | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
Hellena | SPX500 (4H): Short to support area 5846.5.Colleagues, I assume that price is completing a five-wave upward movement. I believe that the price may reach the resistance area of 6181.6 then I will consider only downward movement in correction to the area of 5846.5.
It is possible that the price will immediately start moving towards this area, but this is a more risky plan.
Still, I would like to see the completion of all waves “5” in one place!
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Diagonal ETHDiagonal ETH
🔹 Courage, the reversal is not far off, even though cancer hasn't blown its whistle yet.
Pro ETH:
🔼 The spill is exciting, new year discounts on all storefronts, although people are still afraid to buy - and this is the best sign for growth when everyone is scared, ether approached the first serious support in the form of 3570, where we can see an increase in volumes and obvious purchases for large amounts, from the current ones we should expect a return to the slope and a hike to 4070 and 4200 where the main pool of liquidity is accumulated at the moment, the asset has cooled down, confidently holding the 200 MA.
❌ Negative may be a move below 3580, in this case it will open the way to a deeper pullback to 3200-3050, but Santa is a stingy man and will not give so generously.
On RSI:
📈 Hourly is oversold, daily is neutral, why not.
Subscribe, put likes!
XauUsd/Gold: Gold is holding an important level!Looking for Impulse Down.
XauUsd/Gold: Gold is holding an important level. I anticipate it will move down by next week. It's important to have your own rules on RR and adhere to them. This trading idea is intended to assist you and enhance your knowledge. If you have any questions, please ask me in the comments.
Learn & Earn!
Wave Trader Pro