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Analysis GBPUSD (Overall down Side)Hello Traders, GU looks like a very much a down trend for the past week. Therefor, trading it to the down side would be your best bet in your favor. As you can see the the candles are retracing to mitigate anything to bring back in profit to continue to a sell/short. Possibly would hit to the 38% to the 50% retracement to reach to the target area. According to the RSI, there is a divergence which it let me know that it is retracing. It also shows the engulfing candle to the retracement area around the Quarter point and making LH and LL's. Beware: news is coming out for all the USD pairs. It is a red flag. starts 1/26/2022 2:00pm EST time. Thank you for reading!
Short
by MonaySess
BTC/USDT POSSIBLE SCENARIOHello Tradingview community and members. I Am sharing my idea/opinion if you enjoy the analysis make sure to give a like and let me know your thoughts. BTC has been consolidating for the last 10 weeks, bearish trends start to show up more and more. We could not hold the 41k-38k price range, we broke down and are now heading towards 32k, close to last resort. A fake out is an optimistic take but could potentially play out. After breaking 32k we have our crucial support at 29.7k this is our last chance at heading in an optimistic direction. If we would manage to hold 29.7k and return going to the upside, we still have a long way to become bullish again. In my opinion we have to cross the 3 blue lines you see in the chart above (40.5k) to truly become bullish again. It's not looking great but in these condition we find the best opportunities. I think institutional investors have been waiting for a buying opportunity like we are seeing right now. We have already seen huge buying volumes in the last couple of days, only time will tell. my prediction: In the short term I think the price will go sideways for a while between 38k-32k, we will eventually retest 29.7k for the third time. After retesting we will see a price surge towards the 40k zone, retest 35k and go up from there. Keep in mind this is just one of the scenarios that could play out. What makes us stand out? - Day Trading - Accumulation Trading - Bonus Package (nft's, low cap altcoins, ...) - Roadmap - Long and Short Term Disclaimer: This is not financial advice, we are sharing our vision and thoughts.
by omeninvest
ETC - Long-Term and Short-Term Plan!Hello everyone, if you like the idea, do not forget to support with a like and follow. ETC is approaching a strong support zone 25-30 in green so we will be looking for buy setups. Long-Term: right on DAILY, ETC is forming a channel in blue but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Since ETC is sitting around the lower blue trendline and support, we will also be looking for buy setups on lower timeframes. Short-Term: left on H4, ETC is forming a trendline in red but it is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, ETC would be overall bearish can still trade lower. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
BINANCE:ETCUSDLong
by TheSignalyst
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