Bitcoin in the long run is beautiful
I speak from Brazil, sorry
After a few days of building this study, think about sharing it with friends here at TradingView.
On the red lines we have the marking of each BOTTOM, followed by a momentum move, which will start a bullish move that historically leads to a cycle top.
We noticed that when using the indicator:...
Evening Traders,
Today’s analysis – SXPUSDT- trading at a key region where a rejection is probable,
Points to consider,
- Price Action Impulsive
- Daily S/R Resistance
- Local S/R Support
- Low Volume
SXPUSDT’s immediate price action is impulsive, trading towards a daily resistance with lower highs, allowing for a short bias.
The Local S/R us current...
‼️Margin Traders Beware☠️ of the BreakOut vs FakeOut .. #Ethereum is the leader in this market as of late and that #Fibonacci extension is $3400... so the market is not going ⤴️. Unless ETH breaks thru $3400👀
#brosinblockchain #ArmsteadAnalytic
Reference the Daily Time frame chart
COINBASE:ETHUSD
By using weekly supports, Fibonacci, and a major downtrend, I concluded a small analysis of this trend. I put 3 price targets for sell opportunities during the retracements.
Enjoy!
edit: My target prices might be a little too optimistic :')
edit 2: There seems to be a resistance zone at 1.26000-1.26075, its has been tested multiple times (on the 1h chart) nut...
EUR/CHF has been inside this falling channel since the start of 2018. Every time the price gets close to the trend line areas of the channel, the price reverses.
Consider exiting your a part positions at the first target, since it might be an area of short time reversal.
The second target are is place at the 1.272 Fibonacci extension, any further than there would...
Not much to say about this trade going to be watching close and going to lock in profits in my short around 7950 range. The 61.8% (Golden Pocket) dont see it falling much further than this.
This is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Good Luck!!!!!!!!!!!
Low volume indicates it will fall; trend based Fibonacci extension predicts 10, 785.
But I believe it is a short swing, so, will use it as a buy opportunity.
Congratulate to who long EURUSD at trend breakout from my last analysis.
After respect the resistant at 1.20700, EURUSD made a correction move. According to uptrend channel, I would highly recommend long from 1.186 area (strong support). We could also see a pin bar appeared around this area just before the rally of EURUSD recent time. I remain bullish bias for...
Decent R:R for Ripple
Placing an order above .25
If there is a breakout above top of the triangle, I expect a quick run up to the .786 fib around .265 is the first target. Second Target is .28, the recent swing high.
I expect some consolidation around this level, so I will exit to free up funds for more attractive R:R
