A very cluttered chart but it paints the necessary picture, we've seen that flash crash on Gold this past Monday and a lot of traders feared buying because they believed price will trade higher, but we had so many confluences to go. Now we see price retracing towards the Relative Equal Lows it failed to break for almost an entire month. It is pivotal to watch how...
Massive battle going on between bulls and bears at the moment. BTC forming another falling flag pattern. It's very uncertain which direction it will break. The last 8 hours has been very bullish yet BTC struggling for a breakout. If it breaks upwards we could see 41k again. If it breaks downwards we could see 37k and then 34k. In both scenarios wait for the...
I say it short
as a day trader u should be ready for 2 scenarios 1 if price go up 1 if price go down
we calculate both sides after market make candles for each sides and we recognize which of our scenarios go right then we buy or sell
in my opinion 70% it`s go down and 30% go up
but as I say we should always for the right time and place to react
In this analysis, we see in H4 that Litecoin show a bulls resistance above of $46 USD. So, I put a buy order limit at $46.80 USD, my SL at $44.30 USD and my own target profit will be the $51 USD.
In Daily timeframe, Litecoin is in this bullish channel, but the expectative is so bearish as Bitcoin do. So, more later I will...
Neutral is boring. But it is also patient. Over-trading kills traders accounts faster than any other trading mistake. As it stands right now, looking at the Weekly chart on bitcoin and the pressure downwards is substantial. Looking here at the 1 day chart and we seem to be bottoming out from the previous week slide, supported by very thick cloud.
Which can only...
After BTCUSD reached the selling climax(SC@3850$) it moved upward which is the automatic rally(AR) of the market which happens all the time after selling pressure. Now, this wave is about to make a secondary test(ST) to balance supply and demand. After ST we can see uprise to break the AR level. Then it will be ready to fall to break the bottom in corrective...
GBPJPY is having a real problem deciding which way next. GBP has been gathering strength with contracts increasing to the upside in recent weeks and the JPY is gathering attraction due to uncertainty again.
Keep an eye on this area and let it play out before jumping !!
it seems BTC has a resistance (the blue line) in 8450 USD and i believe that BTC can cross the resistance because of the RSI
so if BTC can cross the resistance , it trap in the triangle and then it has the potential to get high again
BUT if BTC fails to cross the resistance the price will slake
so in short trade the best time for buy is when...
1. Green Support Box may push it up
2. Oscillator Oversold Area
3. Channel: Uptrend
4. Fibonacci prz support
Wait for the confirmation to jump in, (Candlestick, Volume, Breakout, whatever you prefer :)
I'll be happy to read your opinion and ideas, Remember, we are speculators, not investors ;)
Have a profitable day
I would like to share my long term analysis with you.
I don't usually do the long term analysis for one simple reason. I do not like to analyse in a long-term perspective. Sure, in case we are not talking about investment or exceptional situations..
Nobody knows what exactly can happen in a week, month..
There are many factors which can affect the market...
Was good everyone this is my first chart idea that I'm publishing I have been low key making too much bread on the sidelines lately and I wanted to enlighten you kids on how I make these blue beanz with a 100% win rate. So as you can see here we have four zones and each one have enough spacing to make huge gains with good ass swings so when it passes the zone you...
Been viewing the EurJpy for about a week. have yet decided if it is a buy on retracement as suggested by some. But as always, Revelation Trading believes in trusting your own eyes and doing your own analysis.
So here we present our own road map on how we might trade the Eurjpy in accordance to our simple methodology.
Hope it helps:)
Spotted a long opportunity for trend continuation trader(based off D1 Trader)
Lots of signal showing up at this pair in both Bull & Bear direction on both D1 & H4 chart. Chances are a choppy market for this pair for a week or 2, let's see who wins the battle.
Just managed your Reward:Risk well and wait for the signal candle to engage the trade or manage the...
What's up everyone, YoungShkreli here
If you'll compare this chart to the shorts chart you'll notice that people are longing more and shorting less. This tells me that there is going to be fuel for a move to the downside (liquidated longs) and that my followers and I might just be early to a massive fall.
I'm a bit surprised that more people aren't shorting...
Student of the game here with my first video. Excuse the newbness but check out the opinion!
ALRIGHT! Both bullish and bearish...typical trading view guy right? haha LEMME explain!
The BULLISH -
The OVERALL opinion I have on the market on a larger scale is much more BULLISH now. I explain in the video above why my views on a larger scale have turned bullish....
A lot of problems in crypto market happened in the past days.In our opinion XRP paid the biggest fee of the fast bearish correction due to fake coinbase news, which increased price of the XRP rapidly. But then crypto market fell by $100B in 4days!
Today, bulls pushing up the price a bit. Theres a big chance this trend will be continuing as it was after the...