The market stays bearish, boring, and all the previous ideas are still workable. I wrote about the bullish plan, and I wrote about the terms for the bearish plan. These posts you can find in the related ideas, and I advise you to refresh your knowledge.
The price stays at 8000.00 key level. The market could not develop the upward movement and bounce from SMA...
I would like to share my most recent analysis of BTC/USD. Hope this helps you identify some strong areas, directions, danger zones, etc.
Let's start from the Weekly timeframe(TF).
The orange line is Weekly EMA50. Four weeks in the row it has held the price and last two weeks the price has got tiny rejections upwards of...
Following the latest analysis on Bitcoin's Symmetrical Cycles (2017/18 vs 2019) on the 1M chart (you can find it at the bottom of this study), I have decided to take the research one step further and attempt to time the bottom of the current correction.
In doing so I have scaled down to the 1D chart using again the MA1000 and MA1400 periods as the long term Buy...
Reasons for it:
- Price breakout Channel
- Support level 8200 $
- Buy Zone
- Top part of channel coincide with Buy Zone
- Always do your own research
Guys, if you like the idea please put like button, this will be the best thanks.
If you have any questions or trading ideas you can post them in comments!
Thank you for your support, I appreciate it.
It will be nice Buy opportunity near the Key level 0.84731 (7-Months Low).
Potential profit will be in 3...5 times bigger than risk.
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!
Hi, today we are going to talk about SPY and its current landscape.
Despite the recent shaken over the "phase one" of the Trade Deal between the U.S and China, last weekend, the Vice Premier Liu He reinforced that the negotiations still going on and already made substantial progress in several aspects. These affirmations should feed the hope of the market in the...
The "famous" and loved stock among investors, Berkshire Hathaway, approaching a pretty sweet breakout zone.
Since the mid of 2018, the price has started to "draw" a chart pattern called Triangle.
At the moment, we can say that this Triangle is a continuation pattern and if we see a Weekly candle close above the upper orange trendline (marked as a green area)...
$BLDP is on the doorsteps of new 2 year highs. The stock has been steadily climbing the charts this year and is up 135% ytd. After last Friday's high of $5.70, there is a double top at $5.70 and $5.72 a share. Above that, there's a strong trend line leading to $6. While some can play the break above the double top, a breakout above $6 is a clear signal to go...
Hello crypto friends,
First let me explain for those to whom these facts might be new. So what is a Bitcoin Trust? It's a company that owns an amount of Bitcoin as an asset. Investors could buy shares of the trust, owning contracts that represent ownership of Bitcoins held by the trust.
You thought the only legal way for institutional investors to invest in...
Monfex is at your service and today we overview Bitcoin Dominance.
The domination is near the strong resistance line and MA100 and most likely this week we will see a rebound down to the zone of intersection the middle line of the large ascending channel with the bottom line of the falling wedge from which this percents can go up.
DXY SHORT on the 12-hour timeframe.
Last RESISTANT Level: .89.4
Simple trend & reversal indicator.
12-hour trend & reversal alert
Displays the current 12-hour trend. This indicator shows the current 12-hour trend strength/weakness. The indicator will not repaint and will stay true in a trend...
The Chart is self explanatory.
The 5th Wave is the largest one, & as per the Elliott Waves theory, if the 5th Wave is the largest, it retraces up to 61.8% of the 5th wave.
The target at 61.8% comes to 8900.
As per me the Wave started from early 2012 and completed recently in 2019 July, so it took almost 7 &1/2 years for the completion of the big wave. So it...
DXY bounced off 97.13 where it could potentially rise further to 97.86.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
XAUUSD is in the falling channel and you need to look for sales.
If the price reaches the upper line of the channel, then you can open the short with a target to the support level of 1474.
I am frequently asked about my opinion on investing in gold on current market prices.
though I have already expressed my opinion on this subject multiple times,
here is the answer from a different angle.
Analysing gold on weekly we can quite easily identify key structure levels that are important for the market...
Hi, today we are going to talk about USOIL
We observe a 30M, some important points. The details are highlighted above.
Thank you for reading and leave your comments if you like.
Join the Traders Heaven today, for more exclusive contents!
Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should...
Hello dear friend, in this video we will take a look on BITCOIN, ETHEREUM and RIPPLE to US Dollar and make a Trading Plan
As you remember English is not my native language, so please don't judge strictly my English, I will continue to improve my skills in this.
Guys, if you like the idea please put like button, this will be the best thanks.
If you have any...
If you have not begun to accumulate Bitcoin yet, NOW is the time to begin accumulating with Dollar Cost Averaging Technique. I'm expecting us to leg up to a higher trading range between $8,900 and $9,700 fairly soon. I'm also expecting us to remain within that trading range for a while before legging up again to a higher trading range between $9,700 and $10,700...
Hello my dear XRP traders/HODLers/friends, hope you're doing well! ;)
First of all: Thank you so much for your interest & trust in automating our Odin strategy for your trading, we were completely overwhelmed by the amount of people who applied!
Second: The bulls are definitely still defending the upward channel, even though we have a nice divergence going on....
This system based on 14 different indicators ( sar+ST=supertrend)+Zigzag+Roc+DMI+ CCI+Weis+sma20 + ao + momentum + macd + bullss vs bears + ichi + hull)
Each given points , the total points that we get suggest buy or sell
the highest weight points given to MACD and SAR
buy =if total points >0
strong buy if total points>7
strong sell if...
I recently derived the calculation of the relative strength index, an indicator that aim to spot overbought and oversold assets, but what is an overbought/sold asset ? Can such things be estimated with price alone ?
This why i propose a modification of the relative strength using my recently proposed efficient calculation including volume...
This script is the 2nd version of the BTC Deep Learning (ANN) system.
Created with the following indicators and tools:
Guppy Exponential Moving Averages:
Note: I was inspired by the CM Guppy Ema script.
Thank you very much to dear wroclai for his great help.
He has been a big help in the deep...
When things are great, we feel that nothing can stop us. And when things go bad, we look to take drastic action. Because emotions can be such a threat to an investor's financial health, it is important to be aware of them. This awareness can then protect you from the negative consequences of impulsive and irrational reactions to these emotions.
Some people following me might have read about the Nokia example. Well it was here all along.
The name is disgusting, it was 1 of the few I didn't try in the long list of results. No wonder I wouldn't find the right chart.
Posting this idea as BTC because I want more than 3 views ;)
Plus it is the one currently in an echo bubble.
First let me repost the railway...
Some time ago, I made the poll asking the audience from the social media the following question: "What type of trading do you prefer?"
The options were:
- Manual Trading
- Auto Trading
- Both Types
To make everything clear, let me describe each type:
Manual Trading - it is any trading when you open, manage, and close trades by yourself. You can trade using...
Following patterns are found for data of 2015 to 2019 (5 years data) on weekly candle chart.
Currently running Head and Shoulders pattern
Remarkable zone 1, 2 and 3
Head & Shoulders pattern is still uncompleted with right shoulder. The neckline target is 10063
At the remarkable zone, its has highly price...