Path of mass entrapment, or maximum PAIN: Head and shoulders fakeout > take out shorts on right shoulder > short SQUEEZE > late longs long “breakout” > longs get liquidated as we come down to the gap = rekt As shown in the screenshot, I alerted members of the *FREE* Discord on the 31st of December, that there was a lot of interest to short this. I always like to be the contrarian and find that going against the crowd, usually works the best by finding the path of maximum pain. Being able to think critically, against your emotions is paramount to being a successful trader.
Hello, OANDA:XAUUSD has shown unexpected upside movement despite the anticipation of a significant downside. Recently, the price was rejected at the 1M PP and may retest the 1W PP, a level that previously acted as support. If the 1W PP fails to hold as support, a test of the 1Y PP could follow. It's important to note that the 6-month low was at 2349.44 and the 3-month low at 2536.855, which could once again serve as potential support levels. However, a decline to these points seems unlikely at this stage without further confirmation. The bullish outlook remains intact, despite the recent close below the 1M PP. If the price breaks and sustains below the 1W PP, it would confirm a potential continuation to the downside. In summary, the bullish perspective prevails, and downside movement will only become plausible with clear confirmation. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
Hello everyone With the ETFs and BlackRock starting to sell off, it looks like Bitcoin needs to gather more liquidity and buyers at lower levels first. If you followed my previous analysis for December, you can still hold that 25% short position or move your stop loss to this area and prepare for lower targets. This is not financial advice - expect rapid volatility next week so don't forget to set your stop loss. Good Luck
1inch just broke a trend and Waiting for a retest and I will enter in a trade we need to stay above above the trend but also wait for btc it just rejected from a resistance area and will restest again the zone of 98800 and we have another resistance at 99600
Tight price action TF1H EMA 7 & 21 TF1WEEKLY ABOVE EMA 7 52 WH 4.06% ATH
comparing the two fractals they look similar so i would be prepared for a big drop if btc follows coin fractal. i dont think this will play out but it is always better to be prepared to buy a dip if given the opportunity. we will see if this plays out,i will update once i get more data .
I think this will fly very high! LOU LOU U Peaceful and meaningful. WIF will have a friend.
Gehe Long: CRV 3 Folgende Bedingungen wurden erfüllt: 1) der Kurs hat den Widerstand durchbrochen 2) das Volumen war fast gewöhnlich 4 mal so hoch wie gewöhnlich 4) Stop Loss setze ich unterhalb des letzten tiefs
CYCLES CYCLES CYCLES Once again, looking at the cycles, i noticed a pattern. will it play out this time? i think yes. but we’ll see how it actually turns out soon. fasten your seatbelts - we’re taking off :D
Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- https://www.tradingview.com/x/oTI13fok/ https://www.tradingview.com/x/0qxBTUX7/ When USDT is moving sideways, USDC seems to be leading the coin market in the short term by gapping up. https://www.tradingview.com/x/39YjnRkF/ For the altcoin bull market to start, BTC dominance must remain below 55.01 or show a downward trend. https://www.tradingview.com/x/bS6iNm84/ USDT dominance is expected to touch around 2.84 at the most. If it touches around 2.84 and starts to rise, the coin market is expected to turn into a downtrend. If USDT dominance rises above 4.97, a sharp decline is expected in the coin market. After that, the trend of the coin market is expected to be determined depending on whether it is supported or resisted around 4.97. - (NAS100USD 1D chart) https://www.tradingview.com/x/EKZAuckO/ The point to watch is whether NAS100USD can rise above the support zone and be maintained. The high point boundary zone is likely to be applied as a resistance zone, but if it breaks through upward, it is likely to create a new upward wave. -------------------------------------- (BTCUSDT 1D chart) https://www.tradingview.com/x/45jGqStY/ If it receives support near 97461.86, it is expected to turn into a short-term uptrend. However, USDT must show a gap-up trend. If not, it will fall again. You should also check if the BW and DOM indicators rise above 0 and if the candle's Body color turns green. Confirming support is a tedious and difficult task that requires checking the movement for at least 1-3 days. - The point of interest is whether it can receive support near 101947.24 around January 10, the next volatility period. If it falls, it is important to see whether it supports the important support and resistance area of 93576.0-94742.35. - Thank you for reading to the end. I hope you have a successful transaction. -------------------------------------------------- - Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) https://www.tradingview.com/x/WBuhqVrT/ Looking at the big picture, it seems to have been in an upward trend since 2015. In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend. Accordingly, the upward trend is expected to continue until 2025. - (LOG chart) https://www.tradingview.com/x/YtZx6YSG/ Looking at the LOG chart, you can see that the upward trend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, I expect that we will not see prices below 44K-48K in the future. - https://www.tradingview.com/x/zTnWN2r7/ The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. That is, the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to it. Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role. The reason is that the user must directly select the important selection points required to create the Fibonacci. Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies. 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 -----------------