Sorry guys the same chart again... ;-(o)
I see the reversal trend as braking out and Monday should be a large climb leading into a week of bulls to the 0.618 fib. The resistance line to break was set back on April 07. Breaking it today (May 8th) sets for a failure to double top. I believe the US played a big role in this current reversal, but the pattern, fib, and resistance lines still hold. I'm in for...
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what is your opinion?!?!?!?! Up or Down
Overall market structure is to the down side with weekly market structure(White). Currently on a pullback to .618fib that can be seen with daily market structure(Magenta). Two possible scenarios to sell. Brake structure and retest at .5 fib(Orange) or form double top and shoot down(Light Blue). Target is -.618fib(Green).
Market daily update: - As we reached the top channel (I prefer to look at it as descending broadening wedge) which we formed since the 14k, a lot of people yet again became extremely bullish, but do remember that when there is too much Fomo price tends to go against everyone because they are being used as liquidity for the opposite price movement. - On the...
so with gold now we have a few options i can share with you now going from current price then to data in the upcoming weeks or months now what's best here, i think at this current time is to wait and see what happens with gold and don't just trade for the sake of getting into a trade on gold get it wrong it can hurt so what's wrong with waiting for the next...
BTC has reached a critical juncture and I think we will likely see a big move here very soon. If we go down it will be pretty fast and if upwards we might take slightly longer but either move could be swift. Up could take us to $8500 -8880 and down could be $5000 -5500. I wouldn't really expect this to go sideways, thus making for a great play once it breaks...
LTC loves to pop and drop like all assets in a bollinger band compression stage. I would expect a big move in the coming weeks, but I wont speculate on direction just yet as BTC has me perplexed momentarily and its seems to be the leader.
Big drop incoming, strong upside area to broke and commercials close some long position.
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Yo Traders! Gold might fall down! Look to sell after a breakout it's made. Please check a candlestickpattern like a bearish engulfing or a shooting star, after the confirmation you can enter in the transaction. You can see that the volume of buyers dropped wich means a big return might come. Be very careful! If you support this ideea, feel free to comment below...
In order for us to take a long term long trade on this pair I want to see a pullback to either one of the two ones that I have marked with yellow arrows for me to enter on the H4 timeframe where I would place my first take profit level at the 135.250 area and my second take profit level at the weekly downtrendline if I see strong bulls break, retest and reject the...
Hi all traders. BINANCE:GTOBTC symbol is a symbol which hasn't pumped for a long time. many Altcoins have pumped recently but GTOBTC hasn't. GTOBTC price in Bittrex is about 173 (130% more than Binance price.). I expect a big move like MATIC, DATA, STEEM,... I haven't seen such a situation for a while. I expect at least 70% profit in 1 month. End of March :...
a nice and clear chart Hope it work