This may be one of the best and most insightful XRP analyses I've ever created. I think I have finally cracked the mystery of how XRP will progress from here. Please, read this analysis in it's entirety, and try to understand how it relates to the chart.
Looking at the daily XRP chart, you can see that I have most of the price action drawn inside of a blue...
Well the title says pretty much everything so I will be quick on this one.
This week we see Bitcoin forming a Golden Cross pattern on the 1W chart with the MA50 crossing above the MA100. During the previous Bull Cycle this signaled the start of the 2nd Accumulation Phase (after a new top the price traded sideways for over 6 months). Phase 1 accumulation came with...
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Reasons:
- Price in Falling Wedge
- Always do your own research
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Hi,
We might get some trading opportunities because the Bitcoin price has reached the tip of the Triangle. Triangle breakouts have been pretty successful and hopefully, this time it is not an exception.
Luckily this is not just a triangle. Those two trendlines, red and green, are also short- and mid-term counter-trendlines (CTL) which have guided us into the good...
Hello Traders!
GBPJPY approached two strong resistance levels.
I expect the price to reach the level of 143.95 next to the strong resistance line, after which the will begin to fall to the level of 141.3
We were saying that EURUSD might not be able to break 1.110.
Now it is stuck around this number.
4H chart is bias to sellers now. A very possible retest of 1.1000 soon again in the next 1-2 trading days.
And daily chart could drag it down more to break 1.1000. Just need some momentum from NFP.
Good luck!!
LESS IS MORE!
Note : congratulations for those who followed my signal a few weeks ago, i got +130 pips ...... enjoy ;)
Plan : wait for prices to bounce off trendline resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is...
The price reached the support zone. We can see how the market was stopped and reversed in this zone several times in the past. The same pattern we should expect this time. If so, the daily and lower timeframes are good for buying based on reversal and breakout signals.
RSI did not reach the oversold zone, but it confirms a price reversal. MACD lines and...
Entry level $44.14 = Target price $45.80 = Stop loss $43.50
Average analysts price target $ 52 | BUY
P/E ratio 16
Comcast Corp. is a media, entertainment, and communications company, which engages in the provision of video, Internet, and phone services. It operates through the following segments: Cable Communications, Cable Networks, Broadcast Television, Filmed...
I hereby officially delare that a multi-year top for the S&P 500 is in. We are not going to close a candle body above 315 for years after this week. Next week might have us see a bearish engulfing, we might get some reckless bulls to give a reversal wick but really, its over. The top is in and the volume tells the tale.
Key points to remember about the main...
Not quite time to be jumping in yet as the indicators are signalling a overbought conditions, but a very significant golden cross buy signal can't be ignored it will automatically alert investors and traders.
P/E ratio 11
short interest 8%
Discovery, Inc. is a media company, which engages in the provision of content across distribution platforms and digital...
hey traders,
dollar index is close to a major trendline.
this trendline matches perfectly with horizontal support.
I believe that we can expect a bullish reaction from the underlined area.
Target levels are:
97.8
98.4
Bearish Gartley Pattern. Maybe...:)
Disclaimer:
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This...
DXY is now deciding which channel to go with .
Go sideways with the blue one to make a refelction point on the channel to rally up to the red R/S.
Or to drop down more to continue the 3rd impulse wave with the red channel to make a new low like 96-96.5.
Two options are all possible for it to go.
Better check it again on 4h chart few hrs after NFP released. You...
The US Dollar is getting a lot of discussion in the financial media, in politics, by billionaires, and by a lot of market participants and fund managers. For good reason: it is the reserve currency. Ray Dalio has been speaking about world powers and reserve currency status for quite sometime. His ‘paradigm shift’ and us being in the 7th inning of a debt crisis,...
Hello Traders!
Gold after reaching a resistance level of 1482 began to fall.
Now the price is at support level 1473 and in case of breaking through this level, the price will fall to the support line
We can open Sell near the Resistance level because:
- the price try to hit that level 58.64 several times;
- there is a Head and Shoulders pattern on H1 chart;
- the risk-reward ratio is 1:3 or more.
Before to trade my ideas make your own analyze.
Write your comments and questions here!
No need to write it in PM.
Thanks for your support!
XAUUSD
Playing out really nice. Gold pushed up perfectly to our previously drawn area of resistance. Now gold is coming down a bit but just going sideways for the time being. I am a bit surprised I felt we we would push a bit lower. At the moment I think a retest of 1500 soon is possible.
The price reached the resistance zone formed by SMA100 and SMA50. It can give us a price reversal with the further falling to SMA with 200 period. If so, it is possible to think about sell trades using the hourly timeframes. Stop orders must be placed above the local swing high. The main profit target must be at the zone between SMA200 and 1400.00 support level....
I'm also seeing the case for a BIG Move to $4,950 or BIG Move Up to $9,950 in December, 2019. We desperately need to hold my 0.618 FIB at $6,149.32. If we do not hold that, we likely continue falling to my 0.5 FIB at approximately $4,950. If the Green 0.618 FIB at $6,149.32 holds this weekend and next weekend, we likely see a BIG move up to my Magenta 1.0 FIB...
Friends, please at first, support this idea with your Like and any Comment, thanks.
In this video we will take a look on BITCOIN, ETHEREUM and RIPPLE vs. US Dollar and I will show you my own Trading Plan and where are the best places for opening positions.
As you remember English is not my native language, so please don't judge strictly my English, I will...
Open-source live tracker of Harold Burger's Bitcoin "Power Law Corridor".
Added optional chart fill and labels to show the percentage delta to the regression center-line, support and resistance.
Hello traders
Continuing deeper and stronger with the screeners' educational serie one more time (#daft #punk #private #joke)
We don't have to wait for TradingView to allow screener based on custom indicator - we can build our own ^^
I - Long Terms concept
I had the idea from @scarff....
Fibonacci extensions on a moving average. Useful for finding potential levels of support and resistance. Look for confluence with horizontal support/resistance and momentum oscillators.
Have you ever asked yourself: "Why some traders fail while others make money? "
In this post, I would like to share with you my ideas, which will explain the difference between successful traders and those who lose money all the time and provide the answer to this question.
There is a well-known fact that in the financial markets, about 90% of traders fail,...
A descending broadening wedge is bullish chart pattern (said to be a reversal pattern). It is formed by two diverging bullish lines.
A descending broadening wedge is confirmed/valid if it has good oscillation between the two upward lines . The upper line is the resistance line; the lower line is the support line.
Each of these lines must have been touched at...
I see a lot of new people come into trading and one of the most common questions: "What advice would you give to novice traders?"
I want to share my experience with you. Crypto is a nascent market, I remember a time fairly recently when most people didn’t know anything about technical analysis while trading Bitcoin. But in recent times things have changed...
Hello dear crypto friends, hope you're having a great start into the week so far! ;)
In this video, we're going to look how Bitcoin is repeating a previous pattern on the Daily 1:1 also on the 4H.
Daily:
4H:
Have fun watching! ;) If you want to learn this stuff yourself, now is...
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