Downloading...
Download

Crucialsupport

BTC at crucial support - will uptrend continue ? BTC has always dictated how the market as a whole in the crypto space behaves and there is fear and indecision regarding the price of BTC, We can see that price has fallen to a crucial support level and despite being healthy movement we need to maintain the 64 K level to continue the Higher Lows and Higher Highs that upward market momentum requires. I will be looking at this area for the day and trying to decide if and where to enter the market, This may be the spot to go long and aim high, which is secretly my bias, I do enjoy a higher high and a higher low. I will be trying to gain some confirmation on taking up a position at this level and will be adding to this idea as the day(s) go by and there is relevant info to catalog
CRYPTO:BTCUSDLong
by dasBoot
DAX & S&P500 RELATIONSHIP: MACRO / SUPPLY & DEMAND / BOTTOM???DESCRIPTION: In the chart above I have included and brief macro analysis of the DAX a GERMAN equivalent exchange of the S&P500. Aside from the difference in point ratio the DAX and S&P500 have a special relationship in which they mirror one another usually with the DAX following the S&P500. Nevertheless the DAX in this case can be showing us a different perspective in what is in store for the OVERALL MARKET in the near FUTURE. POINTS: 1. DEVIATION of 1,000 POINTS begins PLACEMENT of SUPPLY & DEMAND POCKETS at YEARS ALL TIME LOW of 12,000 POINTS. 2. Current UPTREND is at RISK of SHARP Incline that is shown by FLOOR OF CURRENT UPTREND CHANNEL. 3. 100 MA (ORANGE MA) is serving as crucial support and agrees with current uptrend along with 45 MA & 200 MA FALLING INTO PLACE . 4. 15,000 POINT RANGE IS OF CRUCIAL IMPORTANCE TO HOLD WITH CONSOLIDATION IN CURRENT DEMAND POCKET. *IMPORTANT: RSI within an 8 HOUR TIMEFRAME has only been seen at these levels 2 TIMES in the PAST YEAR where we usually have come to see a continuation of bullish momentum for 22.5 days if we go by AVERAGES. SCENARIO #1: BULLISH scenario would require a continuation of STEEP INCLINE SUPPORT or at the very least a CONSOLIDATION ABOVE 15,000 POINTS. SCENARIO #2: BEARISH scenario would begin at the moment we lose 15,000 as a SUPPORT & would further continue once STEEP INCLINE TREND IS BROKEN. FULL CHART LINK : www.tradingview.com XETR:DAX SP:SPX
XETR:DAX
by DGSTBROKERACC
BTC CRUCIAL (Possible Crash if...)I'm just going to write here the words I wrote in the chart. - BTC CRUCIAL (Possible Crash if...) This week's candle will close in 1Day and 15hours 1. BTC massive rejection from 45k (20smma yellow) - we want to see a recovery upto 41-42k within this weekly candle. (13.67% wick from top to body) 2. If BTC didn't recover then I can see the Major Support test starting at price 33k within a month. And if Major Support #1 didn't hold, I could see crash. - My Sentiment Analysis BTC grew 2093.83% from 3.1k (December 10, 2018) to 69k (November 08, 2021) we've been so bullish for a very long time now correction must happen if we want to see a much healthier BTC market in future. Aside from the news that's affecting the crypto market, maybe it's the perfect time to give crypto (especially BTC) a correction rest. Don't get me wrong, I want BTC to be bullish as much as most want it to be, but I think it won't be healthy for BTC if we pushed it too far. Be Bearish now temporarily so we can appreciate the bullishness in future. - Thank you!
INDEX:BTCUSD
by aaronsvd
PTON at Crucial Support Level Ahead of Earnings!A week ago, I posted a short idea on PTON with the Head and Shoulders pattern as my reasoning. That idea is still active, but I will be looking to this week's upcoming earnings call for confirmation of the pattern. The neckline of the pattern (~$95) is a critical support level and the earnings call will ultimately choose the direction in which the stock will proceed for the upcoming month(s). As of right now, the earnings call could go either way, but I am leaning more towards PTON falling short of expectations. If the earnings call is able to pull the price down below the neckline, then I will most likely open a short position on the stock. If the earnings call pushes the price above the right shoulder's peak, then I may or may not be looking to enter a long position. My decision on the long position will depend on how well PTON is able to resolve the issues that have risen around the country involving their treadmills. I will update this idea with my position on this idea and stock after the earnings call on May 6, 2021 after-hours.
NASDAQ:PTON
by Sri2Trill
3
USD/JPY Multi-TimeFrame Analysis Monthly: Huge rejection of 112 level with two spinning tops and a huge bearish engulfing candlestick Weekly: Break & retest of 108.5 zone with a nice shooting star rejection candlestick Daily: Bulls failed to take controll of the market by breaking the ascending trendline. Bearn are now on controll 4Hour: We have a descending channel. Price retraced to our minor zone and fib 61.8 and also correlates with our 50 EMA Waiting for price action to pull the trigger #tradesafe
Short
by theforexdaddy
1
ENTELChilean Stocks. Pure Technical Projection. ENTEL doesnt look well. It is in full downtrend, reaching historic lows ranges and the weekly chart paint an huge H&S through all the history of this stock, which i cant really say if it is valid or not. I guess this will be a crucial support test. On the daily, one Butterfly is completed and retesting suport through an almost complete Bat... this two harmonics can be the chance to avoid the magnetism of new historics lows (4120, 3400 , 2800 , 2200, 1370 , 300).
BCS:ENTEL
by SolMar
GOLD A Great Setup to go LONG. Price at Crucial Monthly Support!For Decades now the yellow metal has been precious and the long term trend also indicates that its an uptrend. Looking at the monthly charts there is a clear ascending trendline which has been tested and held for more than 5 occasions. This is a very strong indication that the dynamic trend line is acting as a crucial support. Looking closely at the weekly charts, it can be observed that the longterm trendline is being tested. In my opinion its been held for more than 5 occasions and i think this time it will be held as well. Also i have another reason to believe that GOLD being a precious metal would NOT DIP that much. Now coming onto the daily charts, it can be seen that the price has been confined in the downward channel. Its a further confluence factor that the rebound or any reversal candle would indicate the price will likely head up. A HAMMER has already been formed indicating a reversal is a likely scenario. Now Finally, to confirm a reversal at the crucial support, The main chart shows a channel developing (4 hour charts).i would personally prefer for the price to break the channel on 4 hour time frame and retest the 50 EMA before i take this position LONG. Overall its a excellent set up with multiple confluence factor in favor of our direction. Stay tuned for any signals in the comment IF YOU LIKE MY ANALYSIS, PLEASE GIVE ME A THUMBS UP AND FOLLOW ME FOR MORE ANALYSIS
FOREXCOM:XAUUSDLong
by FX618Analysis
1