Bitcoin Technical Analysis, 8th July

2022-07-15

BTCUSD has been in a range for 30 days, prohibiting swing traders from shorting or longing. Long-term crypto players may improve their forecasts by looking at the price levels in this straightforward technical analysis video for BTCUSD and the closure of the daily candles. For further proof, watch the following candle close.

If it doesn’t close properly and opens the wrong way, they should wait. This allows bitcoin analysts a smaller range to determine its up-or-down tendency. This doesn’t mean you can’t recover profit thereafter.

2022-07-15

We look at a potential bull flag and a possible breakout up junction coming. However, we are still in a sideways trading ranging market. Still, the recent bullish ‘counter attack’ may have helped the bull case today.

https://www.forexlive.com/technical-analysis/stock-market-analysis-17-july-20220715/

2022-07-07

S&P Futures continues to look okay for the bulls but in this jittery market where close stops can easily be hit, and mediocre entry prices are exposed to choppy price action, we focus today on targeting a more attractive entry to our Long. See the 3 direction of the 3 trade ideas in the video and understand the technical logic behind the location of the stop loss, the take profit target and the reward vs risk.

See the full S&P 500 E-mini Futures (ES) Analysis, for 7 July, 2022, here:
https://www.forexlive.com/technical-analysis/sp-500-e-mini-futures-es-analysis-7-july-targeting-a-better-entry-20220707/

Visit ForexLive.com on every week day to grab some interesting technical analysis perspectives and opionions that you probably won’t find anywhere else.

2022-07-06

Volume of buyers is weak and Bitcoin is hovering around the $20k mark. Weakening momentum and lower price levels of the colume profile hint of a bearish tone, in our view. For those looking for further confirmations, to buy or sell, we offer price levels of doing that for the close of the 4 hour candles.

See the technical analysis here: https://www.forexlive.com/Cryptocurrency/bitcoin-technical-analysis-6-july-bearish-20220706/

See more ForexLive technical analysis here: https://www.forexlive.com/technical-analysis

2022-06-27

Bullish reversal still seems in tact for Russell 2000 futures according to this tecnical analysis showing volume profile and the current bull flag presented.

2022-06-24

Nasdaq futures reached our target of 11800 and looks like is heading towards 3 price points before temporary partial profits takers (sellers) will probably step in.

2022-06-23

Nasdaq futures is still in our range and looks to still be headed to 11800.

2022-02-16

Adam Button from Forexlive talks with BNN in an educational segment about the risks around currency exposure, particularly for the Canadian dollar. In the same way that bad stock trades suddenly morph into long-term investments, currency trades can turn into hedges at the worst possible time. There are plenty of opportunities in trading currencies but don’t mix the two. I’m a big fan of having multiple accounts at multiple brokers and one of the reasons is to keep that mental separation from investing, trading and hedging.