Bitcoin Targets up/downBitcoin extensions if we break the channel/range to the upside and/or if we break this descending wedge to the down side.
Gonna be a big week.
Range
ATOM - finding support?I think ATOM chops around here for a bit in yellow - this was my target area for the drop if it lost green, which happened.
Not sure if this area will hold on a macro scale or not, but theoretically shouldn't slice straight through it and would consider longing this area if a setup is provided.
Vatsik
Most USD pairs are currently rangingMost USD pairs are ranging on intraday time-frames... It will be interesting to see where price goes from here...
GBPUSD didn't even break it's range with today's negative CPI figure...
Btcusdbtcusd could possibly drop to a range between 14.000$ to 9.700$ for ftx bankrupt and the risk of low liquidity in other exchanges.
Possible rise of the cryptocurrency Galahello traders
We have a bullish motive wave and a correction. We expect to get another motive wave. If we get a break of the range with a strong candle, we can buy the targets as shown on the chart.
Litecoin to Bitcoin is Peaking Back Above Very Historic SupportLTC/BTC have traded against eachother within this huge range since the beginning and this range has always been well respected and now we are on the lower end of the range and have broken out of a Falling Wedge and are now Piercing back within the support zone we very much needed to stay above and now could be looking for a retrace back to the upper end of the range up at 0.025 BTC. if we then break above that level LTC will have likely have Blue Skies from there and could go well above 0.05BTC.
Possible Gold Short to 1682Hello Traders, we have been trading in the range of 1720-1622. As I see gold reject the 1720 level, I'm looking for a confirmation to enter a short position to 1682 area. Let me know your thoughts, Happy Trading :)
Wait for a deviation play #BTCHi everyone!
I did the high time frame analysis on BTC (same as ETH).
I think we have not seen the bottom yet.
Why?
It is widely accepted that previous ATH was the range high...but I'm not convinced.
Look at the chart:
1) I have highlighted in red the backtest that triggered the selloff
2) I have highlighted in green the backtest that triggered the upmove
Important level and BTC not even touched...a coincidence?
Located just below the current range, with a large amount of potential liquidity.
What do you think if we break below the current range? Everybody will open a short to 10k ("same as the previous 6k level").
Perfect setup for a bear market rally.
Of course, it can go straight to 33-38k but I tend to be cautios in these type of market and look for max pain.
Let's see!
MATIC - Range ReturningMATIC had a beautiful move but I think it is coming to it's end.
Back into the range likely, but that's fine. If it can range some more then potentially consolidate further for another push?
Swept origin of breakdown above in thick line, heavy resistance and will continue to be imo for some time.
Major high time frame market structure break still holding and I want to see it hold.
I provided my full thoughts on my YT channel as well, check it out!
Vatsik
8.HK PCCW - Buy above $4.20 (Range Trading)1. PCCW ( 0008.HK ) shows a very solid bottom at $4.20 since 2016.
2. $4.20 did not only show support on Aug 2003, Mar 2005, and Jan 2008 but also set a ceiling from 2008-2013.
3. An up day with strong volume on 27th May.
4. Dividend yield above 7% that suits for mid-run and range trading.
Trades:
BUY at any price between $4.20 & $4.40.
Upside Target: $4.80 (Actual range: $4.79-$4.86)
Downside Stop: $3.95 (Critical support at $3.98)
#XEM in a range with solid support#XEM
We have some extremely solid support between 357 - 367 in place since May. Looking like a healthy range with a big rejection. Naturally there is a lot of market FUD at the moment although the healthy stop-loss should sustain unless complete nuketown. Aiming for a 1.5 RR just under top of range and a stretch of 3 RR if things get back to a bullish scenario. Don't be afraird to take profit early on this one in case the CZ/SBF conflict grows. #
BTC Detailed Top-Down Analysis - Day 98Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst.
98 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
DXY - Rejection Zones! Update!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
As per last week analysis (attached on the chart), we were expecting a weaker DXY as it was sitting around a strong resistance zone. DXY rejected our resistance zone and traded lower.
Now DXY is trading lower and approaching our lower purple circle.
That lower purple circle is a strong zone to look for buy setups as it is the intersection of the green support zone and lower orange and brown trendlines. (acting as non-horizontal support)
As per my trading style:
As DXY approaches the lower circle, I will be looking for bullish reversal setups (like 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
Bullish signs 1301 in TASI (ASLAK)price in range and reach to lower bound + support area with good weekly close above monthly close targeting:
200 moving average (Daily)
supply area in red which also range upper bound
HAVELLS, RANGE BREAKOUT!!we could see in further few days to increase volume and give a range breakout. havells is a great company.
the major black line is the actual trend the stock should follow.
currently its undervalued.
great for swing trades.
one can take a target till 1420.
BTCUSDT range zone breakout to the upside and heavy pump aheadAs we can see price is bounded here with the range zone but soon resistance will break and a heavy pump to the upside after that is expected.
targets and resistances are also mentioned on the chart.
((press like👍 if you enjoy + comment your opinion about the market or your thoughts, below this analysis))
LINK Looks Juicy LINK has been accumulating for quite some time now - just bouncing in this range preparing for a large move imo.
Would look to enter on a retest of the mid-range or breakout above and retest - currently in no mans land with any real good entry location.
But on a higher timeframe this looks ripe to rip up to the target above at some point.
Annotations also on the chart!
Cheers
NEAR usdtthis is wyckoff distribution scheme. and i hit the luna ( on the left ) 118 with that analyse. i know 24-25 is so interesting to reach for near but we'll see what happen... im in long !
BTC Detailed Top-Down Analysis - Day 93Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst.
93 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
My short term game plan for EthereumMy view on Ethereum for the upcoming days.
Longing up to sweep the range top before shorting to the lows.
BTC breakout Diagonal resistance is being retested on the H4, should it hold BTC will look to rally towards 20k upper boundary of the range. Should it be rejected and fall back under the diagonal trend then 18k should be retested.
Possible Downside to Bitcoinhello traders
There is a bearish impulse wave and we have a correction in the form of running flat. It is possible that we will get another bearish impulse wave, but the sellers must break the last wall of the buyers and the buyers' reaction be corrective after break and the sellers overcome it as well
If these conditions are met, a sell trade will be executed to target the level of 18870
✅AUD_CAD MOVE DOWN AHEAD|SHORT🔥
✅AUD_CAD is trading in a range
And as the pair is in the downtrend
The next move is also expected
To be in the downward direction
SHORT🔥
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