Today we decided to compare crpyto and stock markets. On the image above you can see a Bitcoin chart and the Coca-Cola company chart. The similarity is very obvious, very pity that nothing really unifies them. There are only two similarities: both are assets and, what is more important, both currencies trade people.
The value of Coca-Cola stocks depends on the...
As you can se here i have put both the high from past 2 weeks next to each other. We can see the moves are a bit similar as well. The waves and the shape it has right now.
The stop hunts on the left have become clear in hindsight, since we took a 1500/2000 point dive think there is no doubt about that assumption. Past days it looks a bit like we have seen a...
XRP / USD TA
Let’s dive into it, before it’s too late!
We are currently sitting on 744+ Strong support line in form of a trend line seen below.
Why is this support significant?
Mostly because of the immense accumulation that we have been observing over last 2 Years. Even though to some it won’t appear as accumulation during the times we had run ups from $0.20...
spx500 Bullish Gartley and Bearish Bat Combo!
blue is a bullish gartley pattern and just completed
we can buy spx now
TP1: 2850 TP2: 2890 TP3: 2930
then we can take all long profit and ready to sell
wehn yellow bat complete
The interim trend has reversed. An expected minor “suck it up” recovery has occurred. Some bouncing potential is still possible. But today’s break very likely signals the onset of Killing: “This is a very unusual pattern in that the market can move very quickly.” An Interim Trend decline may become persistent. Hourly charts and even shorter...
1.11367 - 1.11556 Add to Watch List
Signal ID: 65669
Time Issued: Thursday, 23 May 2019 01:40:15 GMT
Entry: 1.11367 - 1.11556
Stop Loss: 1.11788
The Breakout Opportunities system has just sold EURUSD at 1.11479. The system recommends entering this trade at any price between 1.11367 and 1.11556. The signal was issued because the EURUSD...
EURUSD bounced nicely off its support at 1.1140 (100% & 61.8% Fibonacci extension, horizontal swing low support) where it could potentially bounce to its resistance at 1.1167 (61.8% Fibonacci retracement, horizontal swing high resistance).
Stochastic (89, 5, 3) is bounced off near its support at 4.6% where a corresponding rise could occur.
Bitcoin has been very volatile lately after the parabolic rise made a stop. 4H is trading on an Inverse Head and Shoulders pattern and its neckline has just been marginally crossed.
This is an early bearish signal as it brings BTC face to face with a pivotal Support, the 7600 level. This is were many major Support levels cross paths creating a strong Support...
The time goes by and the price draws us multiple patterns but none of them have made breakouts which can make those active/activated.
Over the night BTC price made a bigger descend comparing the last few days volume. It stopped on the previously worked support level exactly on the $7,600. Currently, this level has held us several hours and let's see do this level...
Everything looks like price will hit $0.33
For us, it will be a great opportunity to open long-term buy with goals $0.5 or $0.6
The main reason why I think the price will make a little drop to the key zone is: last days price is dropping down but volume decreasing. when big players want to move instrument they hold it. In such places, we see volume increase but...
Bitcoin Cash (BCHM19) Chart Setup
All details on the chart.
Leveraged trading is high-risk, not recommended for beginners.
For experienced/advanced traders only.
This is not financial advice.
Here you have my chart for Bitcoin Cash (BCHM19) on BitMEX.
Quick chart signals
Trading within an ascending channel.
Bounced after reaching strong support.
EURUSD bounced nicely off its support at 1.1140 (100% & 61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 1.1167 (61.8% Fibonacci retracement, horizontal swing high resistance).
Stochastic (34, 5, 3) is bounced off near its support at 4.6% where a corresponding rise could...
Hello Traders! In my previous Gold Idea, I advised you to buy a support zone of 1273-1275. As you can see, price climbed up more than 120 pips from the BUY ZONE.
Now, whether XAUUSD will continue towards 1300 needs to be seen. I still believe in BUYING DIPS with targets of 1300 and beyond.
Hi all, its been prety long I posted about BTC, here come my current and expected view on the current market.
There is no doubt BTC have been moving in PARABOLIC pattern with little or no retracement all the way up.
Suddenly this heavy momentum seems to be fading away after hitting close to 8400$, which give most analyst reason to think time for retracement is...
Do you see what I see or are you BLINDED by all the HYPE of going 5 times Higher than it has ever ???????? up to +100k??????
Anyone with any Forex Insight and experience can see from this chart whats going on here with BITCOIN