Gold is technically and fundamentally move will be bullish and possible move is from OTE level and m15 candle must close inside FVG area. You can place a buy order after a single candle rejected from OTE level and close inside FVG.
pretty simple chart to read here. We have an inverse head and shoulders pattern forming here. We have a good liquidity zone coming up for grabs and a nice possible support area. Could this be front run ? YES Could this drop a little lower than we believe ? YES Patience is key. Manage your risk accordingly. Don’t fomo. Let the trade come to you.
Technical analysis appears to indicate a bearish outlook: Rising Channel Pattern: The dominance is trading within a rising channel indicative of a potential breakdown if the price loses support at the lower trend-line. 200 Moving Average: The dominance has been consistently trading below MA, acting as resistance. The trend remains bearish as long as it stays under this zone. Expected Breakdown: The projection is USDT.D possibly moving up to test resistance and then sharply declining to break below the lower trend-line. This suggests a decrease in USDT dominance, which typically corresponds to bullish momentum in crypto markets nearing Trump's inauguration. Support Zones: Watching for a clear break below the lower trendline, as it could confirm the bearish scenario.
One of the better setups I've come across. Daily wick off of the major demand zone and major fib level. I'm thinking she is going to fly in the next few weeks.
My general bias for Solana is bullish but it will take a while for the bull to take control. I just published my view on Bitcoin and explain the chart set up and when to buy more. I will take the same approach for Solana. The market is very volatile and a lot of bull traps along the way. So I rather take a conservative position and wait for the right set up to come up in the weekly and daily charts as below: 1) weekly stochastic (9,3,3) lines to cross and start to roll back up. Weekly stochastic gives me a good idea about how the price in the daily chart will travel. 2) draw a descending trendline in MACD and RSI in the daily chart and wait for the lines to cross (must cross!!) and break and close above the descending trendline. Ideally, MAC lines enter the bull zone (above0) and the first green histogram appears. Please look at two areas where I drew the blue vertical lines in the chart. These are the perfect examples for a great entry for buy. Based on my past experiences, when these conditions are met, it removes a lot of market noises (removes mental anguish) and the price moves smoothly in the direction of my bias.
adani enterprise elliot wave analysis daily time period price move upside corrective wave and breakdown
Everytime I come to this app, there is something clear in my mind. I come with a well managed plan, and controlled risk.When the fisherman is not fishing then it's time for him to repair his nets and during the weekend we take this time to make plans for the upcoming week.
see the chart i explain it why take care and add stop loss this is a big fall
Eth will face resistance until end of the month. finish touching major support level. Next leg up with a ETH 2800-3100 lower the level higher the skakeout higher fomo of "fake crash"
Bitcoin keeps retesting $91k area and forming a clear support line. There is a strong anticipation for the price to break above $100k and starts a parabolic leg up for the Bitcoin bull cycle. In am very careful in a situation like this to open a long position because there are a log of traps. Yesterday's daily candle held $91k support line but now the price is coming down again. Usually the clear support line like this doesn't hold that neatly. I have a feeling the price will have another quick dip below it before going up. My general bias for Bitcoin is bullish but I think there are a lot of bull traps along the way. It is a perfect condition for market makers to make money by liquidating leverage positions. It is exhausting mentally to open a long position and go through the volatile price moves. So I rather take a conservative position and wait for the right set up to come up in the weekly and daily charts as below: 1) weekly stochastic (9,3,3) lines to cross and start to roll back up. Weekly stochastic gives me a good idea about how the price in the daily chart will travel. 2) draw a descending trendline in MACD and RSI in the daily chart and wait for the lines to cross (must cross!!) and break and close above the descending trendline. Ideally, MAC lines enter the bull zone (above0) and the first green histogram appears. There are many IFs, but based on my past experiences, when these conditions are met, it removes a lot of market noises (removes mental anguish) and the price moves smoothly in the direction of my bias.