I would love to believe that everything is fine, but with such a large move in the southern direction, the trend is down...... We must stay with this perspective until proven otherwise....... Everything is now lining up and I think it would be worth holding a longer term short...... 31.8% retrace 200WMA testing If we go higher, I will probably just sit on my...
Hi Traders! As you can see the market is in an uptrend. The market broke out of the daily trendline before. Then it stopped at daily resistance and is now consolidating. Now there are two opportunities: 1. The market needs support of the 200 MA. That's why it breaks out downwards of the triangle. The SL is above the triangle and the TP is at daily support & SMA...
I believe we are approaching a good area to jump on the APPLE bandwagon for those that felt the train had already left. We are approaching some confluence of support, which may hold and bounce out of the golden pocket. More likely in my opinion though, we may see retrace to around th .768 FIB. This would put us near or at the 200 EMA. History shows that Apple has...
Please leave a LIKE if you enjoy the analysis. This is a continuation of my previous idea which can be found here: On January 2015, the BTC price reached the 200-week moving average (white) and bounced above it. While it initially it looked as if it was going down, going as much as 15% below it, it proceeded to increase and close above. The current downward...
The Bitcoin price decreased by 43% yesterday, the biggest daily decrease on record. However, all hope is not lost. MAJOR HOPIUM - The price has yet to close below the 200-week MA, even though it has decreased significantly below it with the wick that reached $4000. There are two and a half days until the weekly close. The price has never reached a weekly close...
ZecUSD Reclaimed 1H 200MA Sitting idly by at 29.0 flat. Looking at every alt and major coin, everything looks like it is posturing to do the exact same thing ZEC just pulled off. Zec Will retest its 21 and 50 1H MAs then attempt higher again. If it holds a 4H bar above the 50Ma Things start looking much better above.
After a dramatic panic crash, BTC/USDT (Binance) is now in consolidation. Expecting an upward move till midnight. Elliot waves worked great on 1H crash. General consolidation could last for a few month. Considering a global economic crisis being forecasted (due to Corona Virus (Covid-19) from major analysts, coming this July, we may go even to $3k. Hodlers are...
Disclaimer: I'm not giving yall advice. I just believe this is the next year in a nutshell: be safe and shame the people who hoard resources. Major points of interest: Dot Com Bubble, Housing Bubble, ETF Bubble. Fib retrace indicates massive greed during the current administration. They really wanted to push this thing to 3.6 and now it's plummeting to hell. I'm...
The DJI is at a critical level. If we lose the 200MA weekly, we will drop to the next support. A lot of uncertainty in the market but what's certain is that we are in trouble if this important 200MA can't hold!
Hi Traders! The market is in a strong uptrend. As you can see, the market is in a healthy uptrend since 20th February. From then (price was around 1.08000) the market started moving up. After that the market made a retracement move. It retraced from the first pik (1.11800) towards the support (1.11000). Then the market moved up again and made the next higher...
I'm short on $AAPL due to COVID-19 and their earnings report sometime in early May. My personal PT is in the range of $255-$250, GLTA!
ltcbtc at a key fulcrum point. Needs to maintain support on the one day 200ma to trigger the falling wedge breakout and maintain the golden cross...if it loses 1day 200ma support then it will likely trigger the double top breakdown which could send it into a deathcross. If it did flip back to deathcross, that deathcross could still be more of a deathcross fakeout...
Previous short idea: LINK/USDT has retraced 30% without a proper bounce yet and is currently sitting close to the bottom of the uptrend channel and on the 4 hour 200 MA. We can see hidden bullish divergence on the RSI which usually indicates a good spot to re-enter in an uptrend. The LINK/BTC pair shows it right on the upper trend line of the previous uptrend...
The SPX appears to be heading for the 200 daily moving average, this comes after the index fell below the 89 ema and subsequently failed to regain the level after last night's close. I am expecting to see a near-term relief rally at some point as markets don't like to move straight down or straight up for too long, that being said the technical picture looks...
EUR/GBP is reaching its descending channel so here are a few things to take into account: For Longs: -Price has rejected the big support zone below it; -It's making its 3rd touch on top of a descending channel; -If we can see a clear break of the channel and the 200MA on the 4H, we might wait for a re-test for a long position; For Shorts: -If price rejects the...
Welcome fellow Tradingviewers, Digibyte one of the oldest projects around in the cryptocurrency market might just have broken a very important level. In our last analyses we shared our thoughts on the delisting on polienex and why it really did not even matter. Without further or due, lets start analysing: We will be analysing DGB using a top-down strategy,...
- JSE:IPL - Share has been beaten down quite a bit - Recovery looks to be on the way - TP / SL / R:R on the chart