This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
What a great ride this has been the past week! Obviously, this was going to see a significant drop sooner or later. But looking for a bullish continuation after that big red candle. To confirm a bullish reversal after the inverted green hammer, I'm looking for the next day's candle to close above the high of the inverted hammer. Here's the breakdown: -The high of the inverted hammer is $6.75 (since the candle closed at this price). For confirmation, you'd want the next candle to: 1. Close above $6.75 to show bullish momentum. 2. Ideally close higher than any intraday resistance observed on the inverted hammer's upper wick (if applicable). ($7-$7.07) Specific Levels to Watch: -$6.75 or higher: A close above this level confirms the hammer's high was breached, indicating buyers are in control. -Significantly above $6.75: The higher the close, the stronger the confirmation of bullish sentiment. Bullish Target Zones (After Confirmation): 1. $7.16–$7.50: Likely first resistance zones based on psychological levels or intraday price action. 2. $8.00 and beyond: If momentum strengthens, reclaiming levels closer to prior highs becomes possible. Without a close above $6.75, the inverted hammer's signal is invalidated, and the downtrend could resume. Confirmation is essential for determining whether this pattern marks a genuine reversal or just a pause in bearish momentum. We shall find out tomorrow.
#BTCUSDT, 1D Areas and Zones.. DSVI ... CLEARED.. iDSVI ... CLEARED.. ?@FTCSA
Bullish Gartley + Bottoming Structure (Double Bottom)
I can see a symmetrical triangle forming in BTC, a neutral pattern. I can see it will break this triangle by the end of the week. If it falls it may go back and retest the 90k support, which gives more opportunity to get and get some nice positions for the alts (I know BTC dominance is getting lower but if it goes back to 90k it will most likely pull down the majority of alts. And if it breaks out, we might see a new all-time high.
Curious to understand more? Its on my about section!! BINANCE:RPLUSDT Is going to go bonkers!! How??? https://www.tradingview.com/x/TiUqgMIp/ This is a month chart depiction - Look at the strong TPO and Buyers have defended the positions and DOM is also strong here, What we see is the SMA line is not holded, but at stances of 4 regular intervals, it couldnt hold, this time they can and they will With multiple golden crosses, Its bound to follow 1. 19.37 and fall so cmp buy and hold is better 2. CMP to single vol break to range 35-37 Lets GOO!!
FUN ~ 1W #FUN If you still have Conviction on this coin. Buy in stages within this Block. with a minimum target of 20%++ This trade is high risk. Forget it if you are a trader who plays it safe.
#EU analyst Currently, the price is still reacting at FVG monthly frame, you can wait for LTF (H4) to create MSS.i as shown in picture 2 and then find a buying point up to BSL. * If the price sweeps liquidity or Asia.Sweep then creating Mss.i will be safer. If the price drops and does not create Mss.i, I will update again. Goodluck??
Let's Look at XAUUSD Chart and Analysis the last Price Actions for finding some trade Opportunities, Good Luck With Your Trades
USTEC has broken out of the pivot which acts as a pullback resistance and could rise to the 1st resistance which lines up with the 127.2% Fibonacci extension. Pivot: 21,205.31 1st Support: 21,026.41 1st Resistance: 21,508.79 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.