UPDATE TOMO USDT LONG UPDATE :
According to the breaking of the 8-hour trend, in case of breaking the
support number 1.0470-1.010, the next support number is 0.7579-0.7880.
And in the case of support in the daily trend,
we will experience an increase in the price.
Note that this currency has strong fluctuations in the market and the
best offer to buy this currency is in the spot market and as a strategic DCA.
May blessings flow in your life :)
Bestscenario
ADA Weekly chart analyzehello everybody hope you have good days.
today i want to analyze ADA altcoin in 1W chart for long term.
according to the VASIL hardfork that will be happen in early month (june 2022)
and this upgrade will be so amazing and increase network throghput.
so we have a good fundamental for ADA these days.
now lets go to chart:
you see that we have completed a 5 impulsive wave and ADA saw about 3.20 price
and after that we start a very deep correction.
now you see we can approch end of this correction at the overlap levels
of fibo (ret 0.38 and proj 0.50 like i show on chart) and also we are a good
support level in around 0.4 price.
overlaping this fibo levels and this support strenghen our perdict.
after that we have an ABC correction wave after impulsive an seems to be ended.
our momentum in 1W timeframe is in oversld levels.
now if we lose this support(around 0.4 price) we can go down till brown area
that i show on chart.(this levels is overlap of 100% and 61.8% fibo levels and a good
support level according to history of market.
just dont forget to place your SL below first support level
to prevent losing more if we lose this support.
SL=0.38
thank you all for your support.
!!NOTE!!
((friends when you support me and follow me and comment on my posts
you can teach me more about market.
im very interested to learn more and you are the best teacher.
please support me for more posts thank you))
Short GBPCHFFX_IDC:GBPCHF
Entry SellGBPCHF @1.17808
Take profit = 1.17308
Stoploss = 1.18058
ADR Value = 95
Reached = No
Todays ADR range = 43
Todays ADR high = 1.17975
Todays ADR low = 1.17550
Target High = 1.18499
Target low = 1.17026
To ADR high = 78
To ADR low = 69
These numbers are indicative of a market in a down trend keeping in mind that yesterday the weekly high was reached @ 1.18785
EURO DOLLAR CHART TESTING KEY SUPPORT LEVELHi Traders,
As we breakdown the Euro dollar chart, the price is still in an uptrend as per daily timeframe.
Price is testing a key support level at the 4H chart, which is in confluence with the 23.6 retracement level as per the daily chart.
if price manages to break this support, then it can easily test the daily trendline. If the price honors the support level then the break of the 4H chart trendline is most likely to happen.
The break of the 4H trendline will mark the end of the corrective downwave and can expect price to rally again.
A safer entry would b after the break of the support level to the downside with a target at the daily trendline or after the break of the 4H trendline to the upside.
For queries pls comment below and dont forget to like and follow for more....
Happy Trading
CadJpy We have see a nice breakout and retest of the trendline .
On the retest we can see that the candles have formed a reversal pattern, we can see an evening star and an upside down pinbar which some might call it a hanging man.
it all fall sin line with the resistance zone and its within the 61.8fibonacci area!
Confirmations :
1 - Fibonacci 61.8% area
2 - Resistance Zone
3 - Brea and retest of trendline
4 - Reversal patterns
GBP/USD BEST SETUP EVERAnalysis for GBP/USD :
*-Broke triangle,
*-Downtrending with LH & LL,
*-Broke the 1.3 support zone,
*-Is going to retest the resistance at 1.3 which aligns perfectly with the trendline,
*-Daily & Weekly showing strong bearish momentum,
*-Moving averages downside crossed on daily & weekly,
*-I have put a sell limit order but you can wait for some candlestick patterns to form at 1.3,
*-Next target? Next support key level at 1.28,
Have a blue week ahead and #tradesafe
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Macd div bearish short term setups is building up, it has not yet confirmed. Long term still looks bull on 1D, lets see if we will close the day with green. Shorter time frame short setups are coming in. It seems like a pull down will happen before we close tomorrow.
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iPyra
Enlighten others
A quick Trendline update.This is my personal chart. You may look over my shoulder if you like. I see a BTC at 6913 within the hour, and then an upswing. Jump in on the way up if you like around 6922ish and ride it for 15 days or so. I see potential if this is a bull run. Though BTC is fickle, so actually, don't do it. Lottery tickets are cheaper and have a better chance.
Gold buy signal with, Trendlines, RSI and MACDHi,
In 2017-05-09, 2017-07-07 and 2017-12-11, the RSI gave us very clear BUY signal.
We can see this signal again at 2018-06-20.
Maybe a tip from my side.
Take a look at my chart and leave a comment :-)
I can learn from you!
You can contact me on instagram @ties.boer
Kind regards
Ties Boer
Bitcoin Pull_Back ~ The Best Indicator For CryptoCurrencies Hey guys,
We are waiting patiently on theMegalodon indicator to see a green arrow or orange candle to enter our position.
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Enlighten other
USDCAD - Weekly Forecast!Hello Traders!
The weekly forecasts prepared at the personal request of the Trader - AdeOluseun!
Dear traders, we ask you to be careful with USDCAD currency pair, as the market is currently highly overbought on daily chart and we see by means of EWA/EWP, Volume, Cluster&Delta, Market Profile analysis, that major market participants lose interest in the growth of USDCAD. But if the price decline to the Last Friday's support 1.43628, you can (with the little money) carefully buy with the hedging target 1.45014.
We thank you for the positive feedback of our market analysis!
Best refards, Powerful Traders.