Hey Traders, in today's trading session USOIL for a buying opportunity around 69 zone, USOIL is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 69 support and resistance area. Trade safe, Joe.
Follow me! Let's do this together. What I am trying to show here is a short-term move. Let's use this chart to predict what will happen next. The main signal we want to consider is trading volume. Trading volume became really high starting the 10th of October. As volume grows, we are seeing bullish action. There is a period with bearish action on the left side of the chart. Price dynamics transition from bearish to sideways, from sideways to bullish. This is all we need. Seeing how prices are slowly moving up, now that the action is happening above support (previous resistance), we can expect next a strong jump. We are aiming at $4.05, $5.68 and $7.32 on the next move up. This is short-term and we are looking at a fast advance, a sudden jump. This is a bullish chart but things can change. The purple range marked on the chart is the main support. Above this range, the bullish bias remains strong and we can expect our targets to hit within days. If the action moves below this range, below $2, we will have to consider a longer wait before a higher high shows up. This is a short-term analysis —BARUSDT is going up. That is what the chart is saying right now. Thanks a lot for your continued support. Namaste.
Not financial advice More downside in BTC.D = Alts up! Let's see
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WING its another one breaking the EMA with the Weekly candle U remember the 700% PUMP from 2022 ? i do ! that was wild ! Can this happen again ? Maybe... for now Bulls are pushing wing slowly
Based on DAILY and 4HR TF, the market seems to be forming a possible reversal pattern. We could see SELLERS coming in strong should the current level hold. Disclaimer: Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account. High-Risk Warning Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
DXY Analysis Asia and London Dec Friday 13 Price is in a Premium I would like to see Price could come down to the 50% and possibly .618 where there is a FVG. We could see consolidation for Asia and expansion in London.
From what I understand, these usually break higher, but do correct me if I'm wrong.
Supra is relatively new, but using trendline support and resistance its forming a bull flag from a breakout of a bullish wedge, currently sitting above the 21ema on 4hr, Stoch RSI forming a cup n handle, with alot of room to 0.059 - 0.06, ill be looking for entries on the break out .
4hr close with 100.8k for Bitcoin would be ideal for it to be above the 9ma and continue going forward to 104k. If it can't there's good chance BTC will revisit 97k. Breaking the daily Rising Wedge @ 97k and hit the Bottom of Channel @ 94k, breaking further down to 86k. If it can maintain keep 100.8k we hit 101.7k, find a foothold and continue to 104.2k towards the top of the channel. GL;HF!