Wolf of crypto valley | Illustration chart art Also, check Related ideas list.
Flying Elon Mask | First 2D Animation on TradingView <3
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Grinch stealing Bitcoins | Christmas Time | Illustration Welcome! ^^
Bulls are pushing the top 1-week resistance line to break above, below EMA50 is the support. Rising wedge formation is ending as bitcoin finds new buyers each time at a higher level. A break above the resistance might trigger the next spike.
1.1850 was critical yesterday, and the price bounced back from this level down to 1.17s. An SHS_top (1.1720 -1.1850 – 1.1960) shall form in case today's selling interest drags the price back to 1.1720.
Both FOMC statement and Yellen speech was encouraging in my opinion, but the market seems not satisfied with these. Technicals are turning a bit bullish (maybe the payback for bad US CPI_figures). 1.1850 will be critical today. A reaction from this level may drag the price back again to 1.17s, or further buying interest might lift the price back to November highs...
Correction seems limited. Bias is bearish as far as price stays below 1.1850.
MA200 (daily) and cycle low (of 2017 rally) intersection support was broken last week, and the price extended down to 1245 again. Having declined $50 a week, the price action is too stretched now. A correction seems to follow before the next short opportunity. Also to be noted that the break might be a “bear trap”, break not confirmed yet. I booked profits for...
Still waiting for a pullback to catch the next opportunity…
Price declined back to the 2-year channel bottom again, which completes (abcde) zigzag pattern. This point also coincides with 78.6% Fibonacci retracement level of 0.7330-0.8120 uptrend (May to September rally). If channel bottom support is broken, this will be a confirmation for a strong bearish flag formation. From a fundamental point of view, AUD_ is under...
Following the EMA line series: EMA25 – EMA50 cross pushed the price down to EMA200 level yesterday. Now it seems that EMA200 line is being broken, but not confirmed yet. Today we have Draghi speech, during which I do not expect to hear anything new. Following yesterday’s ADP NFP figures coming “above expectations”, USD_bulls were motivated for tomorrow’s NFP...
Cycle low line broken during the weekend, even down to 5500s. Malheureusement I missed it :(((( Now the price climbed back to the broken line, let’s see whether it would work as a resistance or not. Uptrend might resume by sustained break above this potential resistance.
Honey comb is broken, and the bear tasted the honey… I remain bearish… A busy week is to come with critical events. Any event resulting against Euro shall drag the parity down the way to 1.1430. But in contrast, I don’t think that the events supporting Euro will carry EURUSD significantly higher. SHS neckline level 1.1680 is broken (undersigned by ECB), and in my...