In few days we will see big drops in Verge, if you like risky can buy at 680 sat, next level to buy is 490 satoschi. Buying now is very riky because verge is very pumped, and a lot of people want to make profits. You just look at the past.
the big boys at the front door now lets tap the keg and party
Bitcoin just took off after 8314 consolidation zone! We have three overviews. 1- Monthly resistance (9784) will become new support, consolidate for a while and shoot up to our next target 11k, 11133 to be exact. 2- Retrace to 4hr fib 38.20% level (9244), 2nd leg and head for the target 11133. 3- Retrace back to Daily 38.20% fib (8435), which was also previous...
I expect a pullback towards 1.1800-1.1700 before potential retesting 1.2000 & possibly higher
This 4H chart has a range box for this pair. There is a prior resistance level that may make a bullish breakout fail. If it does and re-enters the range box then my TP is the 50 sma. Tell us what strategy works best for you when you trade the EURUSD in the comments below.
if it closes above this trend line, it may very well hit 20 to 30 pips. Entered at 113.70
Regular-Flat complete abc, look for downside.
OMG-BTC Buy: 0.00110000 Stop-Loss: 0.00096184 TARGET : 0.00133000 Recommended Trade Volume: up to 10% from your deposit size. 0.00033
New Zealand new Prime Minister Labour Party Ardern is implementing new policies such as reducing immigrants can affect the economic growth. Also lack of details in RBNZ cause uncertainty about future monetary policy outlook. So I am bearish on NZD From the chart, market is actually moving side way (200ema is flat). However, since the election, NZD has dropped...
Oil price continues to rise as US inventories data fell and OPEC remain firmed to cut oil supply. Oil price is correlated to CAD movement so my sentiment is there could be a sign of reversal if market cannot break above 200ema on D1. Looking to short if H4 retest at 200ema or form a LH and LL to short. FTP to at Fibo R 50.0% If price break above 200ema this...
Euro dropped last week due to ECB extension of bond purchasing and Spain-Catalonia political uncertainties. Nevertheless, Aussie also dived significantly last week due to weak inflation data. Based on technical analysis, EURAUD is testing the impulse leg fibo R 61.8. Currently the market is in range and is waiting for more signal to dive lower or reverse. If on...
.On the weekly, chart there's a symmetrical triangle, and it's in a downtrend. It has 6 touches, 3 on either side. If it goes to plan, the pair should fall lower and break out, as this is a continuation pattern and not a reversal.
Thesis: The name is trending higher on multiple timeframes along with the USD overall Confirmation: 1. Higher highs and higher lows on Day and Week charts 2. Above Trendline Support 3. Above 8 Day EMA 4. Above 21 Day EMA Contradictions 1. Below resistence Trade: Long $USDCAD
This is a follow up of my previous idea. Now we will take a look at the current volume pattern in BTC on the same time frame. For my idea to be proven right, I will need to see an influx of selling coupled with this low buy volume. The past 150 points on BTC has been driven by very little buying as we are seeing a sustained trend that is more like an equity...
Watch the previous obliterations of BTCUSD pricem which I have noted on the chart. A 10% drop and a 30% drop. Now correct me if I am wrong but these were more event driven than anything as the wonderful market manipulator (Chinese government) came out and made disparaging remarks about Bitcoin (wonder how much insider shorting or selling happened). They...
It has been awhile, but I am back to post my next potential chart setup. There is a potential for the downtrend to continue with the euro (nickname fiber) if it closes on the daily chart below the drawn support line. The likelihood will also be based on trading during a time that I don't usually trade, which is during various fundamental announcements, since it is...