The market got me and I admit it. After serious winning streaks, a loss was "expected", I'll take it and let's move on.
After a loss, I would like to usually step aside and look at a bit bigger picture and determine the first stronger areas. The flow is gone and I would like to start building this from the beginning.
Over a long time, the market makes panic...
We have our last tread to short BTC hit tp1.
As long as the channel is still valid, BTC is still on its downward trend.
The current situation is that it could retest 11k again before approaching next target.
LESS IS MORE!
This is just a quick update on Bitcoin's short term price action.
The 5H chart is close to printing a Death Cross (EMA50 crossing below the EMA200). Since we are still within a 1D Descending Triangle (meaning Lower Highs with a Support) with 9100 as the 1D Support, there is a strong probability of another contact.
This argument becomes stronger as the previous...
Hello and welcome to my Trade Idea of the currency pair NZD/JPY.
Let's start with the Top Down Analysis.
Monthly: Monthly is in a very strong downtrend.
Weekly: In the weekly timeframe we see that the price breaks the lows and close under these. As well the last weeks had 2 big bearish candles which confirm that the trend is bearish.
Daily: The daily...
EURUSD is trading within a narrow falling parallel channel.
most likely the market will keep this tendency until it approaches strong demand zone 1.103-1.105.
My plan is:
1 - Let the market reach the demand zone
2 - Wait for a bullish violation of a channel (candle close above)
3 - Buy with target 1.1115/ stop below the...
In GBPAUD We have Found Ascending triangle pattern in 1 Hrs Charts
Market has taken pull Back as well I have Put Stop loss on previous low because if I follow the ascending triangle pattern Stop loss Rule we have too much risk that's why I am taking a little bit risk maybe it will hit my stop loss but still I believe after break and pullback market will not come...
A year ago i published an idea of bubble phases projected on NFLX , it aged very well.
As an update i projected them again on Amazon this time. It looks that the whole tech market is at the denial stage of a new blowoff coming soon.
Due to the stock having such dependency on trade related headlines, lets just look at the technicals, having had a amazing first 2 quarters it has once again come of the boil, but is just about to hit a buy signal with the MA cross. The RSI, Histogram and stoch are all in reversal while the MACD is in the process of bottoming.
AVERAGE ANALYSTS PRICE TARGET ...
Analyzing the chart of Altcoin Marketcap, the first thing we can mention is that the marketcap has broken though the ascending support and now continue its dump. In this situation, we need to understand where are located support levels. First of all, we have descending support of the down-trend. This support has already shown its strength many times in the past....
Patern (Southern Evening Cross)
after such a pattern, a drop is observed.
Bitcoin domination 574 days growing
When the correction comes, it will be possible to look closely at the purchase of altcoins
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VIX: Volatility Index-Extension to the US (SPX) Sectors Technical Analysis Series - 17th of August 2019 (9 Minute Read)
As it can be observed from the chart, this is an extremely complex(Premium) volatility analysis. The purpose of this chart is to evaluate the probability and the timing of the next recession in the short to medium term.
Now, let's breakdown...
- Dominance Turning Bullish After Lower Lows in Weekly Timeframe.
- So Far Making FAlling Channel Pattern (Bullish Pattern)
- First Major Resistance Is Around 6.7% (That Was Strong Suport & Now Acting As A Key Resistance & Channel Breakout Point As Well)
- 9.3% Is the Main Resistance (If We Break it Then Alts Season Will Officially...
Ever since we stepped into Crypto Fund Management Industry, our goal has been to develop foolproof Investment strategies backed by automated management systems. We are glad to announce our advancement towards a solution that offers institutional level fund management to everyone, regardless of their account size. Backed by Bitbloxx's proprietary strategies and...
The main event of the coming year for the crypto community is Bitcoin Halving, a decrease in the block reward from 12.5 to 6.25 BTC. It is logical that with a decrease in the block reward, the value of Bitcoin should increase - this is its main idea, the reason why $BTC grows in price annually. The previous halving was on July 2016, and it led the market to huge...
In this Education posit I want to share with you how to pic best places on a chart. Where to open entries with potential profit in 5...10 times bigger than a risk.
I recommend to use Historical levels or Breakpoint of the trend:
- Most of the retail traders set stop Losses below or above such key levels.
- Stop Losses of retail traders is a Fuel for Big...
OmiseGo (OMG) Overview
OmiseGO (OMG) is a public Ethereum-based financial technology for use in mainstream digital wallets. OmiseGo enables real-time, peer-to-peer value exchange and payment services agnostically across jurisdictions and organizational silos, and across both fiat money and decentralized currencies. Designed to enable financial inclusion and...
For the past few weeks, USDCAD has formed an indecision candle, a rejection of the WK 61.8 Level.
A double top has formed, with bearish sell Price Action.
A pull-back is expected for a valid entry or setup to occure based on market conditions