CRYPTOCAP:SOL been in up trend these last few weeks. Right now we can see that price is going into supply zone and will see if smart money and volume comes in. Shaking out the weak hands before moving higher.
This update highlights what I believe will be the last level of defense for price (support) on the SPY and why it is so important to HEDGE the markets right now. The upward price move has reached the ULTIMATE HIGH (I believe) and is now moving into a Bullish EPP pattern (shifting into the downward pullback, then it will move into the flagging phase). This flagging phase will be the deciding move (IMO) related to IF the markets attempt to break upward or downward near the current Fib 50% level. This is why it is so important to HEDGE all open positions right now. This battle zone in the markets (near the Fib 50% level) is not a guaranteed move higher or lower. Basically, we are watching the battle take place in live trading. What we can do is try to rely on the EPP patterns and other formations to help guide us to the highest probable outcome, but we have to stay liquid and fluid as the markets trend. Right now, I would suggest the breakdown (Major Low) outcome is about 70-80% likely. Thus, the breakaway (upside) outcome may be 20-30% likely based on my analysis. But that could change if the SPY moves above $555. Thank you again for all the great comments. I'm trying to help as many traders as I can. But this move to the 50% level is very "indecisive". So, I'm having to rely on Fibonacci Price Theory and other techniques (money management/HEDGING) as a way to protect my capital while I trade. This is a great example of how you can learn techniques (beyond technical analysis) related to what to do when you really don't know what the markets may do in the near future. The answer is HEDGE ACTIVE POSITIONS - or pull trades off (even if they are at a loss) and then HEDGE whatever you want to keep active. No one is going to laugh when you tell them, "I protected my capital by hedging last week" when they are looking at severe losses and you are NOT looking as severe losses. It is SMART TRADING. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
Price: 275.59, down 3.28%. Trend: Bearish (red TrendShift), confirmed by MACD (bullish momentum fading). Support: 222.79 (strong, multiple tests). Resistance: 274.68 (recent high, failed breakout). Volume: 11.2M, declining on upticks, suggesting weak buying pressure. Indicators: MACD bearish crossover, TrendConfirm bearish. Outlook: Likely to test support at 222.79; break below could target 200.00. Resistance at 274.68 caps upside. Price Action with S/R and MACD
Analsis of USD vs CAD using DOW theory and candlesticks
The butterfly emerged from the cocoon in the ascending channel and now prepares to fly !!!!
The German index has posted steady gains, rising nearly 7% over the last four trading sessions, mainly driven by the low interest rates maintained by the ECB at 2.25%, as well as the easing of potential trade war tensions, which has allowed the index’s bullish bias to remain strong in recent weeks. However, buying candles have been gradually diminishing over the last sessions, and it is likely that a selling candle may appear in today’s session, reinforcing short-term neutrality as the index trades above the 22,000 level. Accelerated Trend: Since April 9, the DAX has shown significant upward movements, resulting in a fairly steep bullish slope and giving way to an accelerated uptrend. If the DAX fails to hold the recent weeks’ highs in the short term, this accelerated price movement could lead to corrective pullbacks. However, the dominant bias in the longer term remains bullish. ADX: The ADX line has begun to decline and is now facing the neutral area marked around the 20 level. Frequent oscillations around this level indicate that volatility has decreased and could lead to sustained price neutrality in the short term. MACD: The MACD histogram remains above the indicator’s 0 level but has shown a steady deceleration, which may signal a lack of momentum in the average movement of the moving averages. As the MACD histogram continues to narrow, it could pave the way for slight bearish momentum in the DAX’s daily chart over the short term. Key levels to watch: 22,000 points: A nearby support area coinciding with an important psychological level, which could act as a significant barrier against potential short-term price pullbacks. 21,400 points: A distant support area aligning with the 100-period simple moving average. Bearish movements reaching this level could threaten the bullish formation currently seen on the chart. 23,000 points: A definitive resistance level coinciding with the area marked by the DAX’s all-time highs. Buying movements returning to this level could trigger a consistent bullish bias and a much more relevant uptrend in the short term. Written by Julian Pineda, CFA – Market Analyst
here is the best area for buy btcusd wait for level
Trend: Bearish since late April (drop from $560.00 to $546.58). Red candles dominate. Indicators: Trend Strength: 13.87% (strong). Volatility: Low. Squeeze: Yes (imminent breakout). Volume Sentiment: Bearish (selling pressure). Volume: Rises on declines (red bars), confirms bearish trend. Support/Resistance: Broke support at $550.00, next support near $540.00. Patterns: Recent consolidation with small candles, squeeze suggests strong move soon, likely downward. Conclusion: Bearish trend confirmed, selling pressure and squeeze indicate potential further drop to $540.00. SmartTrend Indicator @tradingbauhaus
we made a double bottom and a obvious divergence, buying gold and targeting at least all-time highs
Bitcoin is targeting the price zone between 106,000 and 108,000 in the coming days.