People love to bash the XRP chart. XRP haters love to say it's "the worst performing crypto asset" — which, in 2017 it was actually the best performing crypto asset, so that's false. Among other usually false things, they point to the fact that XRP remains in a bear market, while BTC and many others have enjoyed powerful gains. Well, I'm here to show you that,...
I hope the markets have been treating you well and you've been crushing all of your trades.
In today's post, I want to give away a chart that has made me a lot of money dating back to 2016.
I also want to go in to detail on how I use the RSI to determine when to get in and out of Bitcoin by determining...
This analysis is based on a very distinct short-term pattern that Bitcoin seems to be following throughout the July - August consolidation.
As you see on the chart Bitcoin is trading within a 1D Descending Triangle. Clear support (9100) and a Lower High trend line. That alone calls for a new Lower High target within 11400 - 11800.
What stands out though even...
Hello and welcome to my Trade Idea of the currency pair EUR/NZD.
Lets start with the Top Down Analysis.
Monthly: The monthly timeframe is overall bullish.
Weekly: In the last weeks were very big bullish candles.
Daily: On daily we see a upside trend with nearly no pullbacks.
H4: We draw the counter trendline on the h4 timeframe. We expect a push to the...
on GBPCAD next week I will expect bullish continuation in a rising parallel channel.
On my focus will be a supply zone around 1.64 level,
I will be looking for a short trade in this area.
Bearish breakout of a channel will be a perfect signal for us to open sell.
Target levels: 1.62 1.60
Apple Inc (AAPL) the biggest read candlestick in a while to break below EMA10. Multiple signals are telling that this isn't the end... AAPL can go lower, let's take a look.
We have increasing red volume.
We are looking at a MACD that is trending lower.
The RSI moved below 50 (at 47.19 right now) and is clearly looking down.
EMA50 (202.60) worked as support...
Another week int he S&P failing to close a candle above our breakout level, and the weekly chart is setting up like the market wants lower. Zooming into the daily we can see that our current tightening equilibrium break just might be the signal for direction for the rest of the year
======PRICE TARGET $5======
BREAKOUT LEVEL $3.90
ENTRY POINT $5
MoneyGram International, Inc. is a global payment services company, which offers global money transfers, bill payment solutions and money orders. It operates through the following business segments: Global Funds Transfer and Financial Paper Products. The Global...
Gold has soared and broken downside consolidation & resistance based on what will eventually be a double cut (ECB/Fed) cut in September contingent on an extreme escalation in the USA-China trade war.
I will refrain from going into too much detail for my reasons and the specifics to avoid redundancy. Please check my numerous and incredibly accurate predictions on...
We can see up trend
Last two month we moving in up trend channel, we already touched resistance line of this channel and now forming symmetrical triangle. Altcoins start moving and BTC dominance can go to first support line. After that we will observe whether we break the support line or not. But we must always remember the blue magnetic support line. Even if we...
I think the next bounce happens when the daily RSI goes oversold again, since this pump and dump was done with futures, MFI hasn't scrolled down at all setting up for a positive MFI divergence.
As always, the market never goes straight down, so expect some whipsaw next week and keep your eyes on the futures charts. Seems futures are in complete control over the...
Deutsche Boerse AG German Stock Index DAX.
The German Stock Index is a total return index of 30 selected German blue chip stocks traded on the Frankfurt Stock Exchange.
The DAX has a base value of 1,000 as of December 31, 1987.
Candlestick Pattern: Bearish Engulfing
The ideas and price alerts published here are not financial advices.
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...
Not many are able to think long term and realize this, but the cryptocurrency markets have already topped.
With summer ending soon, the next 50% price cut might be only a few weeks away.
Good news! I was (finally) able to verify and unfreeze an account with a crypto exchange and cashed out most of my money out of this MLM scheme.
Now, I have no skin in the...
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...
Measuring Success and Goals
As a Professional trader, you have 1 goal...Make money!!
That said, traders like to measure their success differently. Some use pips, some use wins v. losses, personally I use daily return. Understand my focus is on generating income and my mantra is "keep stacking positive days"
Imho, using pips to measure success can be misleading, I...
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Donald Trump is not right about Bitcoin. He is completely wrong and he is probably the reason bitcoin will go to 20k by the end of this year. Why?
Because, he is bringing a lot of eyes to think about Bitcoin which has a true VALUE behind it!
~ Bitcoin Analysis ~
Weekend is finally here. Bitcoin...