CAD/CHF Update!CAD/CHF doing well! After breaking structure on the retest of a huge Wyckoff Accumulation schematic we were planning for price to come down and spike out the liquidity which was resting below the equal lows which has played out perfectly! We have now seen a nice bullish reaction and are looking for more bullishness to continue! I managed to get an entry on a lower time frame break of structure and retest from which the trade is current 6% up with another 14% as a minimum still to go! I will be looking for a correction on the lower time frames for another entry.
Update
ADAUSD Price Movements and UpdateBefore I start, I want to say thank you to the people who sent me kind words during the past week. I haven't had time to reply but I saw a few of them so thank you, it meant a lot. For those of you who didn't know, I had a pretty rough week. I was dealing with a family emergency and today was the first day I wasn't at the hospital all day. If anyone was wondering where I was, that was what happened.
I haven't had too much time to dissect the market, but it seems things were following what I said in my update. I told everyone not too get excited until the CME gap was filled for BTC which gapped up last weekend. Today the CME gap finally filled, so as long as we don't gap up again, the market should be in good shape.
There are some things that have the possibility to drag the market down and here it is:
Covid news (lockdowns, variants, etc).
Evergrande payments (largest payment of 2.1B due March 23, 2022).
FED bond tapering (updates coming on Dec 14th and 15th).
In terms of the market, the bull market should still be considered ongoing until proven otherwise by metrics. I expect many alts to bounce from the last gap close however I have not been able to keep up with anything this week so I cannot tell you which ones look the best. ADA broke out of its descending channel, and tested the previous diagonal resistance as support today. I hope BTC will trade sideways this weekend otherwise we will have another gap to worry about and that won't be fun. If BTC trades sideways, expect ADA to do the same. I believe there will be more upward movement if all goes well with BTC and we will form the basing pattern I have been talking about for a month and a half now. Other than that the market has been rather slow today, most people did not see the pullback coming however, I knew the gap would be filled one way or another. This happens to be the best scenario. If BTC continued to run, we would have a gap at 54k to worry about and its better to worry about it now than if BTC moves to 70K. That is all I have today. I need to follow up on a lot of things going on right now because I have been gone for the entire week. Thanks again everyone!
USDT.D (Update) (Long-candles are located at the bottom of the Channel.
-USDT.D uptrend to the relatively old Resistance line in the first move ahead.
-Attention to the MA200 with the role of support under the trend candel's.
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-The intersections of the resistance and Trend line (Green line) in the RSI indicatore seem to create a Strong area for moving upwards.
-Therefore the market Still is more likely to fall .
+Disclaimer
This is not financial advice.
The content of this analysis is subject to change at any time without notice.
AUDJPY - 4h - Análisis Semanal (Update Take Profit 3)We continue with the trade of 15 November, in search of the third take Profit. If you continue with the trade you must place the SL at 83.224 (BE in TP1).
The price will have a Pull Back but its trend is bearish. You can make a re-entry if the price manages to make that pulback and break 82.85 to the downside.
TP3 81.500
Traders, if you like this idea or have your own opinion about it, write in the comments.
Patience, Discipline and Good Trade!
KISS: Keep It Simple Stupid.
LCCJ
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Continuamos con el trade del 15 de noviembre, en busca del tercer take Profit. Si continuan con el trade deben situar el SL en el 83.224 (BE en TP1).
El precio tendrá un Pull Back pero su tendencia es bajista. Podeis hacer una reentrada si el precio logra hacer ese pulback y romper el 82.85 a la baja.
TP3 81.500
Traders, si os gusta esta idea o tenéis vuestra propia opinión al respecto, escribid en los comentarios.
Paciencia, Disciplina y Buen Trade!
Manténgalo simple y estúpido.
LCCJ
ADAUSD Update on Recent Price MovementsImportant things to note:
BTC is on its way to completing its cup and handle pattern with around 100k target.
TOTAL2 Started its consolidation following the impulse on NOV 10th (This is not bad).
ADA has shifted its trend to upward moving.
ADA is starting to work on the 2nd side of its basing pattern.
There has been a few months of consolidation for ADA, this will do it well in the future.
Spot ETF got denied by SEC (no surprise there) They will instead launch futures ETF like everyone else.
Important dates:
BTC ETF Deadlines Nov. 21, Dec. 8, Dec. 11 and Dec. 24.
So I hope everyone is doing well. BTC is almost at its completion of the cup and handle pattern I have been waiting for. This will create the target of 100k like I have said before. ALTs have started their consolidation after the Nov 10th liquidity event. This is very good in my opinion because the PA was looking a bit high a few days before it occurred. This will give the alts some time to relax prior to another push. ADA is right on track for its basing pattern I mentioned a couple weeks ago. The 200MA is heading upward, and I would like to see a test of it before things really get going, but I do not know if I am going to get that. It would likely send the price higher quicker, but I am ok with the slow grind as well. All of the consolidation from the formation of the basing pattern will pay off well. We can see that right after the push upwards, the liquidity event stopped the bull flag right in its tracks. However, it is important to note that though the horizontal trendline that served as resistance for so long has turned to support. Not only that, the trendline has been tested a few times now, and the price seems happy above it. Either way, this does not change much. Worst case scenario the price will still be in range to complete the basing pattern and best case scenario the basing pattern gets finished quicker. There doesn't really seem to be that much downside at this moment. I am keeping an eye on ADA, and though have been busy, I try to keep you up to date on what is going on if I see something important. Overall the market looks fine! I will be trying to put out other charts on assets I like so stay tuned! Thanks again everyone!!
I am going to make a video soon teaching everyone my approach to charting. I will cover the entire workflow process I go through. I hope you enjoy it.
Tell me what you think?
This is not financial advice. DYODD.
CRVUSDT Update and TargetSo the consolidation of CRV got lengthened a bit by the recent pullback. However, that is not a bad thing. Structurally, CRV looks great! I expect it to move to about 8.0 for a major target. There are a few targets I expect after this but I am waiting for confirmation. Anyways, thanks again everyone!
GOLD 2 New Long Setups After Daily Confirmations To Get 300 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
(Update)NEO's way to 62$.Hi every one
NEO / TETHERUS
last time we talked about NEO, It was in a Symmetrical Triangle. now The price has done a Bullish Break out so we can be assured that the Price is gonna Increase as much as the Measured Price movement (AB=CD). It can Reach 62$.
Summery:
-NEO has done a Bullish Break out
-It can Reach 62$
Previous Analysis
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
#LINKUSDT Daily Chart
Price recently broke out from the symmetrical triangle as predicted a few days ago. MACD is still bullish, RSI is over 50% and price is above EMA ribbon. Price should be able to close above the resistance line in order to continue with the bullish movements aiming for the daily supply then we shall wait and see price's reaction on that level for further confirmation.
#LTCUSDT 2H Chart
Price was ranging perfectly between the support at $187 and the resistance area at $208. MACD is showing bullish momentum, but RSI is overbought and price is trading far above EMA's. Price recently broke out from the resistance level with huge volume printing a 2h demand zone at around $212 so it will most probably come back to that level before pushing up more.
#USDT.D 4H Chart updateUSDT.D moved down aggressively breaking through the support at 2.66%. It also broke below the major support and is trying to hold below that level. Bearish structure in still respected on both LTF and HTF but it needs to break below the previous low at 2.52% in order to continue with the bearish movements.