Bitcoin finally revealed its direction and its bullish. On the chart we can see 2 parallel channels. The first one is currently breaking out and there is no doubt that the second parallel channel will break as well. Next resistance is exactly at the top of the first parallel channel, I am expecting a pullback from this strong dynamic line. From the Elliott Wave...
The market has just reached the extreme overbought (OB) zone on the M15 chart. We’re observing a distinct continuation pattern of bearish structure on the M1 timeframe, which serves as confirmation for low timeframe traders (LFT). Based on this, we can consider a direct selling opportunity from the highlighted zone down to the significant low on the M15 chart.
At these type of ideas i will try to show you were the charts have big possibilities to bounce back , depends on ICT point of view. Have in mind that those special zones are NOT trade signals , but areas where you have to applicate your specific strategy.
Weekly: 1. Direction: Bullish 2. Reasons: 1. Price disrespected the FVG 2. massive displacement to the upside 3. Price is moving from IRL to ERL 4. Price reacted of weekly FVG (2) Daily: 1. Direction: Bullish 2. Reasons: 1. Price is respecting the daily FVG 2. Good...
Hello everyone, here's my take on Bitcoin at the start of the week. Since the beginning of the month, BTC seems to be on the rise again (+20% since May 1). This Sunday, we recovered a large pocket of liquidity at $67250. I'm a buyer of Bitcoin. A very interesting buying zone is located at $62840! ✅ OTE ✅ Order Block in H4 So I'm going to focus on buying...
Hey Traders, in tomorrow's trading session we are monitoring GBPNZD for a selling opportunity around 2.07400 zone, GBPNZD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 2.07400 support and resistance area. Trade safe, Joe.
Hello everyone, here's my take on the EURUSD this week. Last Thursday, we recovered a large pocket of liquidity at 1.08840. So I'm going long on the EURUSD this week, with a target of 1.09420. ✅ An interesting buying zone would be 1.08190. This is an H4 order block located on the 0.62 Fibonacci retracement. Feel free to subscribe and boost this post if you...
Yesterday Nvidia reported the Q4 2023 earnings report with flying color, beating not only top line and bottom-line estimates but also projected beating earning expectation for Q1 2024 and robust growth not only in 2024 but also 2025. Things are even more positive since there will be a new and better replacement chip for the H100, one of the top line AI chips. The...
Hey Traders, in the coming week we are monitoring AUDNZD for a selling opportunity around 1.09400 zone, AUDNZD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.09400 support and resistance area. Trade safe, Joe.
The current patter which started development since the end of January, is almost complete. If it is true, BTC will pump probably to ATH within days. On the chart you can see a blue path, there is still possibility of a shake-off strategy aimed to scare people. Of course, DYOR ! A probability of invalidation of this idea is marked on chart by a stop loss...
Dear Traders, On Friday, the GBPUSD experienced significant volatility, leading to a notable upward movement. This action resulted in the formation of a Low Resistance Liquidity Zone, indicating minimal resistance for price movement through this area. Additionally, the price left relatively equal lows, suggesting the presence of H4 Sell Stops. We anticipate the...
If the bull mood weakens with an incursion towards the first green rectangle as correction, and a proposed attempt of a bull wave fails to break the second blue rectangle, I am considering the bears won't be able to push this as low as the previous low around 56400. With that in my mind my favorite zone of interest for a potential reversal and the triggering of...
Hello TradingView Family / Fellow Traders, 📈As per my last analysis, ETH broke above the previous major high at $3000 and is currently trading higher. What's next? ETH is currently bullish short-term trading within the rising wedge pattern marked in orange. 🏹As long as the lower orange trendline and the $3000 support hold, a continuation towards the upper...
Vedanta is in limelight for 2 major reasons. 1. Upcoming Vertical Demerger of Vedanta into 5 different stocks (The Panja-Boodhas) - Apart from the technical breakout levels, the demerger is going to lead to a humungous gain to the shareholders when each of the stock is going to rise to higher levels individually 2. The 16 year Long Box Pattern Consolidation and...
Current Cardano or ADA price is USDT0.6813 as per 29 Feb 2024. Currently the price of all Cryptocurrency is going up due to the approval of Bitcoin spot ETF in the US and the anticipation rally of the Bitcoin Halving in some time around April 2024. These are the current strong tailwind driving the Cryptocurrency market higher before the Bitcoin Halving. If there...
You don't wanna miss the next leg up in cryptocurrencies, and specially not in Solana, which seems likely to outperform Bitcoin (and Ethereum) once again. I've decided to optimize my crypto holdings to try and farm as many airdrops as possible, as efficiently as possible, but it's vital to not overlook returns of the assets we hold (liquid assets). Many people...
#PEPE Support Zone.. If holds that zone, it may go up by 60%. !! Jai Shree Krishna !!