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Cruptocurrency

BNBUSDT Breakout Imminent Hello Traders, Thesis on BNBUSDT, flex zone approaching, equilibrium playing out... Points to consider - Overall daily trend is bullish - Stoch is neutral - RSI neutral - Equilibrium is playing out on the 240 time frame, a breakout any direction is possible - Volume declining, signalling a breakout - Fib retracement to .618 acted as support, right now testing .5 Fibbonacci BNB is in a position where it will breakout significantly in either direction, we currently have an established uptrend with multiple touches on the 240 time frame, a respect of the trend line will see us break up, however this needs to be confirmed with high volume... What are your thoughts on BNB's next move ? and remember, The market can stay irrational longer than you can stay solvent - John Maynard Keynes
by The_Alchemist_Trader_
BTC short-term BULLISH (Massive cup and handle forming on daily)Bitcoin appears to be forming a massive cup and handle formation on the daily timeframe. This formation has been in play since early 2019. BTC is looking to re-test $4200, at which point it will be rejected back down to ~$4027. This will mark the completion of the handle, at which point BTC will shoot up into the $5000 area. Whether or not it will be rejected then remains to be seen, however it is looking bullish in the short-term.
BITFINEX:BTCUSDLong
by OZtheBTCWizard
BTC/USD: Enter LONG and profit from the next rally to $4,200Hi there! On a BTC/USD price chart, an ascending trend channel is being formed, which is a strong continuation pattern that generates a buy signal. Enter LONG at $3,800 and wait for a new rally expected to take BTC/USD to a new high. Meanwhile, we expect a short-term downward trend channel to form over the next 3-5 days representing a ‘healthy correction’ type of pattern. Once this pattern is broken and the price breaks through the upper trendline, The price is expected to move at least to the nearest resistance price at $4,070, and then proceed towards the upper trendline of the trend channel at $4,200. Therefore, the medium-term trend on BTC/USD is UP. Recommended action: Enter LONG at $3,800 and wait for a new rally expected to take BTC/USD to a new high. Target: $4,200 BTC/USD (in 5 to 10 days) Entry price: $3,800 BTC/USD. Forecasted P&L: +$400 or +11% (per 1 Lot) Risk/Reward Ratio: 4.0 Stop-Loss: $3,700 ($-100 or 2.7%) As mentioned above, to maximize your gains, look out for quick sell opportunities in a range of $3,900-$3,800, as the price adjusts downwards and the Stoch oscillator is in the overbought mode. In this analysis, I combined the application of trend analysis with technical indicators and chart patterns, which allows me to make accurate predictions. Enjoy your crypto trading and make profits. If you have any questions or suggestions, please write them in comments below and I’ll respond to you promptly!
COINBASE:BTCUSDLong
by Monfex
SPX (S&P 500), Daily Chart Analysis 12/20Technical Analysis and Outlook The S&P500 closed sharply lower on Wednesday as it completes its Inner Index Dip to 2490 . The low-range close sets the stage for a steady to higher Dead-Cat-Bounce to Mean Resistance 2590 level (Leg 5). While the second resistance lays at Key Resistance 2651. Currently, there are no significant support levels other than completed Inner Index Dip 2490 level and Outer Index Dip 2382 upcoming outcome. See 'Market Commentary' tab.
SP:SPX
by TradingSig
Trading levels for 9/13/2018Hey traders, here are the levels for thursday, it was not a surprise that the market had a down day on wednesday, we were expecting that after a move to the 50 fib level, and also some pressure from the broken trendline . For tomorrow if price keeps moving lower i would like to buy S2 or possibly S3. Please keep in mind that these are not trading signals, use your own analysis before taking any trades. PLAN YOUR TRADE AND TRADE YOUR PLAN K.R.S.
CME_MINI:NQU2018
by UnknownUnicorn253835
Trading levels for Monday 8/27/18Hey everybody here you have the levels for trading on Monday. Last friday we only had 1 break even trade. Next week we expect the market to move higher, we have 7600 as the 1.27 extension and 7650 as the 1-1 levels as well, but before trying to move to and test these levels we have to close above the ATH 7530. Please keep in mind that these are not trading signals, use your own analysis before taking any trades. PLAN YOUR TRADE AND TRADE YOUR PLAN K.R.S.
CME_MINI:NQ1!
by UnknownUnicorn253835
ETHUSD: Bear ContinuationEthereum has broken trendline support and is now flagging beneath - classic bearish action. A return above the support line would stall downside momentum, otherwise the path of least resistance is down. I'm eyeing the 340 area as first support. From these levels, that's a risk-reward of around 2.5 ...not the best, maybe a better average price can be found on a bounce, maybe not. For now, I'm not considering a drastic bloodbath in cryptocurrencies. However, I do believe that confidence has been lost, and the entire space needs to go into hibernation for a while. Evangelists will cry that 'the fundamentals just keep getting better', but here comes a rule in investing: fundamentals mean nothing if they don't directly impact supply and demand. Sorry, but all the blockchain infrastructure that is popping up doesn't mean the price has to rise. Blockchain infrastructure is bullish, if your time frame is 10 years or more, but you simply cannot trade fundamental claims. Unless there is a direct impact on supply and demand - sorry! - the market moves according to immediate confidence of market players. And right now, the moral hazard of exchanges and the persistent danger of hacks has shot the speculative momentum for the time being. Crypto will rally in time, for now I maintain a bearish bias on the space. With that said, now is not the time to have large positions either way. I'm trading ETHUSD short because the risk-reward in BTCUSD is not sufficient to even warrant a trade. My position sizes are extremely small, and my expectations are minimized accordingly.
BITFINEX:ETHUSDShort
by TheRealPeaches
NANO BULLISH COUNT **FINAL UPDATE**Here are our final two supports, if we do a fib pull of wave 3, we are still sitting around our 1:1 target, which is also the 78.6% so we have confluence there, however we have just gotten another stab down, so rounding bottom goes out the window. Our final target is the 88.7% until the trendline then new lows. We'll see how we play out, but If we fall any lower, ill have to start thinking corrective instead of impulsive and change my count. **NOT FINANCIAL ADVICE, JUST SHARING WHAT I SEE**
NLong
by Etsua
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