KNOWN CRYPTO CAVE 50 DAY 200 DAY TEST TEST Just checking to see if this works, haven't don this much before :)
This is just a short-term long position for the SNP, if you are a swing trader then there is a possibility we may bounce in January and continue back down on February. I am basing this on the fib extension of 1.618 and the .236 Support level. Things could go alot lower as bearish momentum almost always moves faster than bullish momentum when it comes to the SNP...
BTC finally breaks above the 50 ma(in orange) and hits the projected breakout target that we showed in a previous idea of this small falling wedge pattern precisely...would not surprise me if it consolidates a little here until stoch rsi is cooled down before the 50ma eventually lifting it further upward. So a very temporary neutral here while a more long term long.
I believe that NASDAQ:MU is going to explode. 5 p/e ratio. Strong industry. The only downside is that many people forecast that the semiconductor industry inflated and the prices are going down (bad for the companies that produce them, aka micron). NASDAQ:MU is currently back to the green bearish trend although it still has much room to go up to around 50$ or...
EURCHF completed the bearish movement and now the price could make a big correction. In order to do this, I am seeing a Head and Shoulder Pattern to reverse until trend line. Let´s wait for final confirmations(candle) to enter on a couple of trades.
Something worth being aware of. Here on the 1 week chart we can see this diagonal yellow trendline is current resistance...if we trace it back to a year or so ago we can see it acted as a major line of support multiple times...once we crashed below it however it has now flipped to resistance and we can also see that it's current trajectory and prosition is almost...
Day - Price at BB Dev 1 top band - Watch where day closes 4H - Price needs to breakout of the SMA's range 1H - Watch if 50 sma holds - Price may be retesting support - New fractal high made 15m - Wath if 50 EMA holds Watch red/green arrows indicating possible directional choices price can make 4H has possible target prices from breakout
Hi guys, another day another trade. Quite alot of setups this week so far. Today I'm going to put an entry order on GBPNZD. Price pulled back and formed a double bottom, rejecting the 50 EMA aswell as the 0.618 daily fibonacci retracement level. As of the time of writing this price has'nt closed above the daily 0.5 level yet, if the day should close above it...
After repetitive attempts to rise upwards through the 200EMA, BTC is now using the (2017) 0.382 Fibonacci green zone as support which strengthening by aligning with the (Current) 0.236 Fibonacci and the McGinley Dynamic, A persistent strong price level that always shown to be quite resilient in the previous attempts. The McGinley Dynamic has proven to be useful in...
We are in a fighting pit! A Death Cross is on its way or will we escape it? Battle into sunny pastures with bulls all around or enter a long dark night with bears in every corner?
The USDJPY moves sideways last few weeks and getting close to structure high at 107.81, that acts as a resistance level. The market respected that level multiple times (red arrows) and it more likely that it will do it again. If the price goes up it will form a bat pattern, which will increase the probability of this trading setup. The entry point is 88.6% of AD...
Going long on ''STOXX 50'' If prices break through our key level at 3475.0, we could see a bullish run up to highs of 3575.0/3625.0. A solid break through our key level, will indicate to me that our targets aren't far-fetched and actually could be attained. Also we could get an opportunity to short this for the equivalent appreciation, which is really good!
Hello traders! After a long 50 days or even more we finally saw a first canddle closing above DEMA 50. Now we can see a crossover of TEMA and a nice bullish STOCH and RSI on 4h. We saw a nice breakout from a triangle that was ''generating tempo'' for a long time now. The only thing bearish right now is STOCH on daily but that should be fixed with a bit of a...
BCPT has been going up and up recently and now that it hit its downfall it built up a falling wedge which means that it could be going up by a lot. Follow the instructions and make sure to cash in NOW!