BINANCE:ARBUSDT COINBASE:ARBUSD 📈Which side you pick? Bull or Bear SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage (If there is just one SL on the chart, I suggest, low risk status) 👾Note: The setup is active but expect the uncertain phase as well. ➡️Entry Area: Yellow zone ⚡️TP:...
Price action falling out of the pitchfork without tagging the median line is certainly not bullish... From 5 August low, I can see a contracting diagonal forming, with waves (1), (2), and (3) having fairly clear three-wave corrective structures/patterns. Wave (4) in this interpretation would be an expanded flat, with wave c to go below 19614.1 and having...
Summary of action for BTCUSD since 5 August 2024 low. Area in yellow ellipse does not look impulsive. There is a way to get an expanding leading diagonal out of it, but it certainly does not have the "right look". Will need to come back to this price action later, depending on how future price action plays out. Area in first red ellipse labeled 1. is similarly...
Some things seem to be clearing up. We're trying to be sure about what things are.
Analysis of YM1!. This count sees price in wave ((5)) of (v), with wave (v) starting at October 2022 low. From 5 August 2024 low, count in red is less bullish, count in green is more bullish. If count in red is correct, then 5 must be shorter than 3 (as 3 was shorter than 1), and price will not go above resistance at 45062. If count in green is correct, price...
Today I want to analyze the First Neiro ( BINANCE:NEIROUSDT ) has recently gained significant attention in the cryptocurrency market, with a remarkable +87% increase in price over the past week . The First Neiro(NEIRO) is Memcoin and operates on the Ethereum Blockchain . The First Neiro( BITGET:NEIROCTOUSDT ) has reacted well to Andrews'...
BINANCE:RENUSDT CRYPTO:RENUSD SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage 👾The setup is active but expect the uncertain phase as well. ➡️Entry Area: Yellow zone ⚡️TP: 0.03480 0.03530 0.03603 0.03693 🔴SL: 0.03163 🧐The Alternate scenario: If the price stabilizes below the trigger zone, the setup will be cancelled.
BINANCE:SOLUSDT COINBASE:SOLUSD 📈Which side you pick? Bull or Bear SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage (If there is just one SL on the chart, I suggest, low risk status) 👾Note: The setup is active but expect the uncertain phase as well. ➡️Entry Area: Yellow zone ⚡️TP:...
If the support is maintained, the trend may reverse
Based on the weekly chart, price is expected to push lower after jumping higher at the opening. Looking at the short term PF, price should pull back up to the 0.5 parallel to retest which is now a resistance after the harsh daily rejection. After that, we expect it to continue lower and fully form the bottom wick of the weekly candle. We can see we have some...
XAUUSD looks to be consolidating at the top border (2nd target) of both pitchforks drawn. The origin of the bigger pitchfork is the December 2015 low of 1046.00. Based on this count, I'd like to see a pullback towards the white rectangle, in the low 2300s, for a wave 4 before a wave 5 targeting above 3000.
BINANCE:ADAUSDT COINBASE:ADAUSD SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage 👾The setup is active but expect the uncertain phase as well. ➡️Entry Area: Yellow zone ⚡️TP: 0.3454 0.3500 0.3560 0.3617 0.3674 🔴SL: 0.3196 🧐The Alternate scenario: If the price stabilizes below the trigger zone, the setup will...
It seems that according to the inflation and labor market news, there is a possibility of a correction
BINANCE:BTCUSDT COINBASE:BTCUSD Hello Traders 💥Long position on BTC SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage 👾The setup is active but expect the uncertain phase as well. ➡️Entry Area: Yellow zone ⚡️TP: 63,900 64,500 65,300 66,150 67,000 🔴SL: 60,100 🧐The Alternate scenario: If the price stabilizes...
BINANCE:SXPUSDT BINANCE:SXPUSDT SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage 👾The setup is active but expect the uncertain phase as well. ➡️Entry Area: Yellow zone ⚡️TP: 0.2629 0.2596 0.2560 0.2510 🔴SL: 0.2783 🧐The Alternate scenario: If the price stabilizes above the trigger zone, the setup will be cancelled.
BINANCE:VETUSDT COINBASE:VETUSD SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage 👾The setup is active but expect the uncertain phase as well. ➡️Entry Area: Yellow zone ⚡️TP: 0.02525 0.02551 0.02581 0.02621 🔴SL: 0.02354 🧐The Alternate scenario: If the price stabilizes below the trigger zone, the setup will...
ES has been stuck around this level for a while, this is the point that sent price tumbling in July. This would make sense as the TVC:DXY is also finding support on the 200 week moving average. The longer we take failing to break this level we can be assured that the Dollar will have a cycle low and force the stock market down. The setup in the market is not for...
About 9 Pip Short (Pullback) at first & then 30 Pip Long to the Resistant area