BITSTAMP:BTCUSD We need 2 daily candle closing bearish to confirm a bearish trend. Buy the dip !
Hello Traders, LTC/BTC Is bellow a important Resistance level, so we not look for long positions in this asset if we remain bellow that line, we only will be bullish in Litecoin if we go above this line and call this actual moviment as a BEAR TRAP, we have bullish divergences on RSI in the daily chart, the bulls are just around the corner. Push the like Button...
In my opinion, dont fall for this slight upswing. LTC is going to follow the stock market and BTC. Heres your chance to buy the dip. Let me know your comments below!
Hello traders, XRP/USD made an Bear trap at this important support level, after head and sholders reversal and goes back above this support level, the price breaks the resistance and made a pullback to test as support and the bulls are holding the price above this level, so we are bullish on XRP, every buy you made on this support will be a good buy. Our medium...
Hello Traders, Here is a quick and simple analyses on OIL, that made an Bear Trap on important Support level, and we consider traps the most important indication of price action for decision making in trading. We belive the price has a chance to test the next important resistance level. Please support this publication with your like. You are welcome to follow us...
Just a try out, May the High be a magnet, but not sure ... Yellow Way - The Last Bear Trap of this Trend.
Expecting a violent drop to the 1D support which makes confluence with a monthly level at 8300. Going to leave 3 layers for this one. Layers: 8299.5 I 8204 I 8104.5 Average entry: 8202.5 TP 1: 8462.5 TP 2: 8700.5 TP 3: 9034 SL: 8079 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when...
Looking pretty good for alt coins here as we can see price action is now abck above the weekly 50ma. If wee can close 2 consecutive weeks above this orange line here we should see alt season finally underway. we can see we appear to have finally broken out of the red falling wedge we were in here so that should help trigger sustained price action above the 50 ma...
Macro trend bear trap still in progress. A month left at most before log support is reached and tested. The lower the price goes below the log support, the better the buy will be. Obviously, this is not financial or investment advice because its 100% fake news.
If you're not looking at Bitcoin logarithmically, then you're not seeing the long-term price trajectory. Remember, fiat currency is now moving into hyper-devaluation, so it's more prudent than ever to hold onto something that isn't chipped away at by banks or other greedy hands. crypto and precious metals are the only two things left, and you should own both. (not...
BTC is showing absorption signs at a high timeframe support level. Agressive sellers getting too comfortable. Late shorters getting trapped and likely to get punished soon with a move to the upside. Targeting the 9000 area. Break and close above 8264 will be the confirmation for the anticipated move.
We all know this death cross will happen the question is how long will we stay under the 200 DMA. If you look back you can see that it wouldn't be the first time we had a death cross followed by a bull run ( Sep 2015) will this repeat. With the OTC market drying up will this be the last chance we get to buy at these levels or are we in for a long accumulation...
As it is Tuesday... perhaps the weekly low has already been established?? Consulting with the weekly ATR perhaps a decent an anticipation. Turtle Soup appears to be on the menu this week. We'll See. Let's play.
Forex is not there to help you make money. It's there to take your money and feed the big whales and corporations. Market makers swing the markets for liquidity and grab your stoplosses and make you think it's going down but in reality it's shooting up. To be successful, it's your job as a trader, to spot these traps and to make the most of them. Don't follow the...
Yesterday was a day of consolidation and the gold trade didn't pan as I expected but I am a permabull so price going lower was just more opportunities to long... I longed asia open and watching a break on this hourly trendline The break happened already as I was preparing the post so I am watching as it approaches the 21 hourly ema. It won't hold as you look at...
The NFP put a lot of pressure on dollar squeezing the dollar bull back into the accumulation zone from 19.40 - 19.75. A lot of bulls still remain in this area and retail sellers coming into the trade late will get caught with there pants down because of bulls lurking to ambush them right below the .50 fib. I expect price to make a LH ( lower high) and...
A little late posting on this however lots of buying opportunities! Main thing to consider riskoff flows were taking profit and pretty much done across all risk assets. Current Range is from 1495- 1560 We are in a great value are and on the hourly showing higher lows as shown below Watch for entries down here placing stops below the lows aiming for the...
$XBTUSD, $BTCUSD: A failed pennant Observing the $SILVER and $GOLD chart we can see similar chop, and violent shakeouts to our phantom fib level. In my opinion, I don't think the run is over. I do believe that if BTC regains the pennant territory, we could chop out some more before a swift leg up.