CRYPTOMOJO_TA

Introduction and DisclaimerThis article explains how to use the daily chart to understand and plan for short-term or intraday market direction.To fully understand this, you should already know what directional bias means. If you’re not familiar with it, I highly recommend reading my previous article on the topic before continuing here.DisclaimerI'm not a financial advisor.This article does not offer financial, investment, legal, or any kind of regulated advice.It's made for educational and entertainment purposes only.Trading involves risk. You can lose all your money—or even more—if you’re not careful.You're reading the thoughts of a 22-year-old.The goal of this article is to show you how to use the previous day’s high and low on a daily chart to:Get a clear intraday bias (bullish or bearish).Find entry signals for your trades.Set clear invalidation points, meaning when a trade idea becomes invalid.This is part of what’s called multi-timeframe analysis—looking at higher time frames to understand what might happen on lower ones.Even if you trade short-term (like on 5 or 15-minute charts), it's still helpful to know what the bigger picture (like the daily chart) looks like. Why? Because it shows the main trend, important levels, and key zones that may not appear on lower time frames.In my opinion, smart trading involves breaking down the price chart from top to bottom—starting with the big picture—then making decisions based on your trading strategy.The ideas in this article work well for:Intraday traders who want to capture moves during the day, andSwing traders who want to catch bigger moves by entering early.This concept can also be applied to higher time frames, such as the previous week’s high and low.Using Previous Day’s High/Low to Derive an Intraday BiasI will first outline the core premise of this setup, and then further develop it by discussing the nuance required to make it work well i.e. probability enhancers.Core premise:1. Weakness above previous day’s high can be used to derive a bearish intraday bias.2. Strength below previous day’s low can be used to derive a bullish intraday bias.To ensure that the terms are clear:Previous day’s high: highest traded price of the last/preceding daily time frame candle i.e. yesterday’s high.Previous day’s low: lowest traded It is tempting to learn the skeleton of a concept and immediately go looking for the nearest examples to trade.This is ill-advised.This specific setup is very context-dependent.Trading is not as easy as selling above yesterday’s high/buying below yesterday’s low and jetting off into retirement.Given the fact that price will very often violate the high/low of a preceding day, one must separate the signal from the noise using additional technical factors.Context 1: Support/Resistance StructuresThis setup aims to outline reversal opportunities derived from the daily chart.It follows that the setup will be more likely to succeed in areas where price is likely to reverse i.e. high time frame support/resistance structures.I only use previous day’s high/low to derive an intraday directional bias where price is at daily support/resistance.Accordingly:I will look for weakness above previous day’s high where price is at daily (or higher time frame) resistance.I will look for strength below previous day’s low where price is at daily (or higher time frame) support.What specific technical tools you elect to use to delineate support/resistance matters little, as long as you’re not picking levels at random. Horizontal S/R and other price action concepts work well. I rely exclusively on the former, but I cannot see a good reason why this wouldn’t work with other tools e.g. MAs, indicator-generated levels, ATR levels, and so on.Treat these examples (and examples in technical trading education generally) with at least a bag of salt.They are, by definition, conveniently pulled from one’s arse in a way that shows them working seamlessly, which is rarely the case.I’ve included them to avoid castigation by the crowd, but also to demonstrate the broader point that context is very important and this concept works best in areas of high time frame support/resistance.Another way to think about it is as follows:BullishQ: Price is likely to find support and reverse in this area. Where is liquidity likely to be resting (in this case: sell stops of existing long positions and where breakout traders are likely to sell) to allow smarter counter-parties to take the other side? A: Below yesterday’s low.BearishQ: Price is likely to find resistance and reverse in this area. Where is liquidity likely to be resting (in this case: buy stops of existing short positions and where breakout traders are likely to buy) to allow smarter counter-parties to take the other side? A: Above yesterday’s high.If that means very little to you, I advise you to watch my basic video on order flow here.Do not look for these setups everywhere. Ensure price is in a logical area of high time frame support/resistance to add the required context to your idea.—Context 2: Dominant TrendDominant trend can either make technical analysis look like God’s gift, or Satan’s wrath.Melodramatic phrasing aside, technical trading in the direction of a dominant trend is a powerful probability enhancer.Trading against a dominant trend, especially in fast and momentum-driven markets like crypto, is an excellent way to lose one’s money.In a dominant downtrend, support is more likely to break and resistance is more likely to hold.In a dominant uptrend, resistance is more likely to break and support is more likely to hold.How do these principles apply to the setup we are discussing?In a dominant downtrend, looking for weakness above previous day’s high is more likely to result in success.In a dominant uptrend, looking for strength below previous day’s low is more likely to result in success.Much like electing support/resistance structures, the tools you use don’t matter a whole lot as long as you know how to use them and they work. I once again defer to my article on directional bias for further guidance.Now the probability enhancers are starting to come together.One can greatly increase the win rate of this setup by i) looking for it in areas where price is likely to reverse i.e. high time frame support/resistance levels; and ii) taking it in the direction of the dominant trend.Who would’ve thought?—Entry Trigger CriteriaSo we have established the following:One can derive an intraday bias using previous day’s high/low.Bearish setups are derived from weakness above previous day’s high.Bullish setups are derived from strength below previous day’s low.Setups are more likely to result in success when they are taken in tandem with high time frame/support resistance and in the same direction as the dominant trend.If any of these look foreign, go back and reread the appropriate section.—The remaining elements of a setup (at least those within the scope of this article) are entry criteria and invalidation.If the term ‘entry triggers/criteria’ means nothing to you, please watch my video on the topic here.(Gosh, it’s so terribly convenient to have a plethora of technical analysis content to be able to refer to).This section will be split into two parts.Part 1 will describe what strength below previous day’s low and weakness above previous day’s high look like and tools that can be used to identify them.Part 2 will describe entry triggers once strength or weakness have been identified.Part 1: Identifying Strength Below Previous Day’s Low/Weakness Above Previous Day’s HighAs mentioned, this setup relies on strength/weakness at key levels.This section will outline 2 tools I personally use when looking out for this setup. I am sure there are plenty more and I strongly encourage independent research in this area.Low Time Frame Price ActionLow time frame price action can be an excellent indicator of strength/weakness at key levels (pun entirely intended).I like to watch previous day’s high/low on low time frames for generic signs of strength/weakness. That means I have the key level delineated and treat it like any other support/resistance structure, just observed via the lens of lower time frames.You can throw the price action kitchen sink at it: candlestick patterns, reversal patterns (over/under/QM/deviation), chart patterns, and so on. More on this later.The most important thing is i) evidence of rejection above previous day’s high/below previous day’s low; and ii) impulsiveness back below/back above the high time frame level.Bullish: Clear evidence that the market is rejecting price below previous day’s low i.e. price is not allowed to stay there for long before moving back up.Bearish: Clear evidence that the market is rejecting price above previous day’s high i.e. price is not allowed to stay there for long before moving back down.Let’s take an example in Ethereum/Dollar.What’s going on?Dominant downtrend intact.Price retested resistance and closed below it — excellent context when anticipating a bearish setup or bearish follow through. (This is one of my favourite contextual settings. Price respecting support/resistance but no impulsiveness yet. Spike previous day’s high and follow through the bearish close.)Now let’s look at some lower time frames for identifying strength/weakness (weakness in this case given we’re bearish).What’s going on?Price spikes the equal highs at the M30 level.Prints a shit-looking candle with a tall wick (candlestick armchair experts GTFO).Overt rejection via bearish engulfing candle that brings price firmly back below i) previous day’s high; and ii) the high time frame level itself.Specific entries aside, the core component of a bearish price action entry is present: clear evidence that the market is rejecting price above previous day’s high which is followed by a break back below high time frame resistance.Let’s look at another example in Ethereum/Bitcoin.What’s going on?Retest of a key high time frame range high (support) following breakout. You could also delineate this area as the base of the last rally. Support either way. Not going to argue the nuances of trend here as different systems will yield different results, but at the very least it’s not unreasonable to expect a bounce.Price retested support and closed above it — excellent context when anticipating a bullish setup or bullish follow through. (This is one of my favourite contextual settings. Price respecting support/resistance but no impulsiveness yet. Spike previous day’s low and follow through the bullish close.)Now let’s look at some lower time frames for identifying strength/weakness (strength in this case given we’re bullish).What’s going on?Price closes below previous day’s low and is bought up immediately — next candle closes back above it.Previous day’s low retested as support following a deviation below it.Tight range forms at high time frame support (blue) and is then broken very impulsively with vertical continuation.Bonus: price pulls back to .618 level (and daily open) following breakout.Again, we are looking out for signs of of rejection below previous day’s low and subsequent impulsiveness as a result of the rejection. In this case, the signs took the form of an immediate reclaim and subsequent aggressive range breakout.It’s often very ‘obvious’ but it helps to have a rough idea using price action concepts.Hopefully another thing that’s clearer with these examples is the many ways in which price can show evidence of bullishness/bearishness around key levels.There isn’t always going to be a single, recurring pattern that will make it clear as day. This is what I meant by the proverbial kitchen sink — a lot of stuff work, as you’ll learn in the section covering entry triggers.Candlesticks, chart patterns, SFPs, three drives, range breakouts, market structure, and so on. Whatever tools you typically use to gauge strength/weakness will very likely be pertinent at some point.

طلا همچنان در محدوده حمایتی کلیدی خود در حدود ۳۲۸۵ تا ۳۲۹۰ دلار قرار دارد و به آرامی در حال تقویت شدن است. تا زمانی که این سطح حفظ شود، می‌توانیم شاهد افزایش قیمت تا ۳۳۲۰ دلار باشیم و اگر مومنتوم قوی باقی بماند، حتی احتمال رسیدن به ۳۳۴۰ دلار و بالاتر نیز وجود دارد. ساختار نمودار خوب به نظر می‌رسد و خریداران وارد بازار شده‌اند. مراقب شکست احتمالی بالای خط روند نقطه چین باشید. 👀 #XAUUSD

$ pnut ینخفض ​​مثل سکین المتساقط! 🚨 فطریًا ، لدینا ندعم حوالی 0.22 دولار و 0.20 دولار. وصولًا إلى مستویات فیبوناتشی ، قد یکون مستوى 0.786 act دعمًا قویًا بالقرب من 0.20 دولارًا ، مما یجعل هذه المنطقة هی منطقة رئیسیة لمشاهدة هذه المجالون. 0.18 دولار للسلامة. إذا کنت تبحث عن الدخول أو التراکم ، فإن النطاق بین 0.22 دولار و 0.20 دولار مثالی للتراکم. ومع ذلک ، حتى مع وجود مستویات الدعم هذه ، ما زلنا بحاجة إلى انتظار أنماط الانعکاس الواضحة قبل أن نتوقع عکس الاتجاه فی الإطار الزمنی الأقصر.

حصل updatei #bitcoin الحصری على الکثیر من DMS ، ویسأل الناس: هل تعتقد أن اتجاه الثور قد انتهى ، أم أنه مجرد تصحیح وتراجع؟ یا شباب ، توقف أولاً عن الذعر. هذا هو بالضبط ما تریده القرش أن تفعله. لا تدعهم یتجاهلونک. دعنا تصل إلى الرسم البیانی: تم إبطال الرسم البیانی السابق الخاص بی ، والوضع الحالی هو أن BTC یدافع بقوة حول منطقة الدعم بقیمة 104.8 ألف دولار إلى 104.3 ألف دولار. لقد کانت هذه المنطقة من قبل بمثابة مقاومة قویة ، لذلک یمکن أن تعمل الآن کدعم فعال. إذا تمکنت Bulls من الارتداد من هذه المنطقة ودفع أکثر من 107 ألف دولار ، یمکننا أن نتحرک خطوة حادة نحو منطقة ما یتراوح بین 112 ألف دولار و 113 ألف دولار ، حیث لدینا ما یقرب من 12 ملیار دولار فی منطقة داعمة ، حیث لدینا 200 ملیار. 101.4 ألف دولار إلى 101.8 ألف دولار. سأبقیک على اطلاع کما تتکشف الأشیاء. إذا وجدت تحدیثاتی مفیدة ، فلا تنسى أن تعجبنی ومتابعة المزید! #Bitcoin2025 BTC btcusd btcusdt

$ lista تبدو جیدة إلى المضی قدمًا هنا ، حیث تقترب sl🚀it القصیر من منطقة دعم التقاء الرئیسیة مباشرة عند مستوى 0.382 FIB (~ 0.2460) ، خط الاتجاه الصاعد ، و 100 ولیمة على الرسم البیانی 12H. کیف یتفاعل السعر هنا

مرحبًا ، Friendson الإطار الزمنی لمدة 4 ساعات ، یقوم Xau بتکوین نمط مثلث متماثل ، لکننا لم نر أی اندلاع حتى الآن ، ما زلنا نتداول داخل المثلث. إذا نظرنا إلى LTF ، فإننا فی الوقت الحالی فی مستوى 0.236 ، فإننا لا ننظر إلى مستوى البلاغ ، وهو أمر جید للغایة ، وذلک جیدًا ، فإننا لا نتعرف على ذلک ، فمن الجید أن نتعرف على هذا الأمر ، إذاً. شاهد تحرکًا تصاعدیًا نحو 3،470 دولارًا. ومع ذلک ، هناک مقاومة قویة تتراوح بین 3،350 دولارًا إلى 3،370 دولارًا نحتاج إلى کسرها أولاً. إذا کسرنا ذلک ، فسیؤکد ذلک أیضًا اندلاع المثلث المتماثل من الرسم البیانی لمدة 4 ساعات.

تحتفظ Xauusd بشرکة فی منطقة الدعم قصیرة الأجل تتراوح بین 3،290 دولارًا-3،295 دولارًا. تتوافق هذه المنطقة أیضًا مع 200 EMA ، مضیفًا إلى المستوى الحالی. سبق أن انقلبت هذه المقاومة إلى الدعم ، والآن تعمل کمنطقة صلبة للطلب. إذا تمسکنا هنا ، فإن دفعة محتملة نحو 3330 دولارًا - 3،360 دولارًا یمکن أن تتبعها.

تحتفظ Xauusd بشرکة فی منطقة الدعم قصیرة الأجل تتراوح بین 3،290 دولارًا-3،295 دولارًا. تتوافق هذه المنطقة أیضًا مع 200 EMA ، مضیفًا إلى المستوى الحالی. سبق أن انقلبت هذه المقاومة إلى الدعم ، والآن تعمل کمنطقة طلب قویة. إذا تمسکنا هنا ، فإن دفعة محتملة نحو 3330 دولارًا - 3360 دولارًا یمکن أن تتبعها.

نماد EGLD پس از یک حرکت صعودی قوی، در نمودار 6 ساعته یک الگوی پرچم صعودی (bull flag) واضح تشکیل داده است. قیمت، خط روند را حفظ کرده و شکست قیمت بالای 19.7 دلار می‌تواند هدف 27 دلار را دنبال کند که یک حرکت بالقوه 47 درصدی است. این الگو محکم به نظر می‌رسد و از همگرایی سطوح فیبوناچی و محدوده‌های حجمی بهره می‌برد. مراقب این شکست باشید که می‌تواند انفجاری باشد. آیا شکست پرچم در راه است؟ خودتان تحقیق کنید (DYOR). توصیه مالی نیست (NFA). #EGLDUSDT #Altseason2025

ETHFI سرانجام پس از یک دوره تثبیت طولانی، از یک مثلث متقارن قوی در نمودار 2 ساعته خارج شد. قیمت با عبور از مقاومت و بازپس گیری میانگین های متحرک نمایی کلیدی (EMAs)، مومنتوم صعودی واضحی را نشان می دهد. اگر این شکست (بریک اوت) پایدار بماند، گام بعدی می تواند ما را به سمت 2.00 دلار و بالاتر ببرد. ریسک به طور محکم زیر 1.27 دلار، یعنی محدوده بریک اوت و مقاومت قبلی که اکنون به حمایت تبدیل شده، قرار دارد. این حرکت می تواند شروع یک اتفاق بزرگ باشد. با دقت تماشا کنید!