So, this past week was rather flat for Bitcoin in comparison to the previous ones. We saw the market consolidate further up but essentially become flat due to the very important resistance level of 6900. We saw it retest the resistance MULTIPLE times on the lower time frames, and yet, failed to breakout of it every, single, time. Despite the positivity coming from...
TECHNICAL/CHART ANALYSIS: 1. As seen by the orange triangles, USOIL is currently in a short term consolidation on the hourly chart. 2. On the daily chart it is just coming off of the RSI oversold level, and the MACD signal line is being crossed (both typically bullish indicators). 3. It seems to have found an intermediate support at around the 20/21 price...
DXY has been rallying since last week amidst the Covid Crisis. Will we see a break to the upside or more further consolidation? Please do leave your thoughts. Thank you.
Hey Folks, It's been a while since I published an idea, but I have not been away from Crypto at all. In fact, I've just been very busy behind the scenes, intensely studying the charts and watching the Crypto space, and the world in general. So let's get into it... Today, on my BTC/USDT daily chart, I noticed two trend lines which I drew (In red) - the one going...
There are 2 demand zones in the H1 TF for the euro. Only 1 tipe of situation has to happen for this to become valid (see the arrows). If that doesn't happen..... forget it
After 9 yeas of consolidation $ICLN built a trading range with a series of higher lows and has recently broken out on monstrous volume. Institutional investment is written all over it. This ETF serves as my bias for starting a stock portfolio based on environmental sustainability. The shift to green energy is an undeniable trend that I'll eagerly follow, along...
IF the market breaks higher than 2394, THEN long IF the market breaks lower than 2310, THEN short WARNING : this is my trading journal, not indicator of buying or selling....
Looking like this consolidation retest is about to burst. Entry: 0.00000510 TP 1: 0.00000548 TP 2: 0.00000592 TP 3: 0.00000646 SL: 0.00000484 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by...
BTTBTC: Market in Accumulation phase. Note: This is only for Educational purposes; this is not investment advice. Thanks Adil Khan.
Consolidation right before a breakout of this diagonal resistance. Entry: 0.00003622 Target 2: 0.00003918 Target 2: 0.00004195 Target 3: 0.000044563 SL: 0.00003422 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should...
Sea Limited (SE) is one I already own from near $38. While I already own this one, it is nice to see it still pop up on my strong stock scans. It is performing well, and another pop above $47.52 could set up a short opportunity for a run into the $50. It blows through that, I will utilize a trailing stop loss with the next target near $53. Already long. May add...
Price is almost at key level after being in consolidation. Looking for a fakeout down for me to buy a sell candlestick.. Good buy for 40-60 pips
Recap from last week... - If you look at Daily , candlesticks have exhaustion area signaling the Market is not ready to reverse down quite yet - Its likely to Consolidate before breaking to continue to upside or break downward - One thing about GBPAUD and GBPNZD , when in consolidation, it likes to fake a break-out so be watchful - Its not advised to...
Thank you for your continued support :) Strategy: Consolidation Breakout . Bias: Bullish. Prominent volume kicked in today and breakout from the triangle consolidation zone at the price of RM0.445. IFCAMSC share price successfully crossing up 5 & 10 EMAs with the surge of price with significant volume. The next resistance could be faced is RM0.480/0.485 zone,...
Target: $9.50 Stop Loss: $7.00
#Bitcoin continues to hold its higher prices which can be interpreted as BULLISH. All it needs is a catalyst to squeeze to the next major resistance in the 9K area. We continue to hold 1/3 of our original SWING TRADE position which triggered back in December, for its third target in the low 9Ks. The purpose of this evaluation is to share our insight and...
As you can see, the price ranges frm 3010 support level(tested twice) and was rejected 3 times near 3140-3150 level, confirming current resistance right at that level... If price breakout frm 3150, THEN it will further challenge 3190-3200 level...uptrend continues... If price breaks lower than 3010 critical support level, THEN it shall go back to 2930 previous...
This is a high growth predicted company for 2020 and setting up nicely after completing a reversal. I'm long here and targeting 12 area as next resistance if it picks up pace here.