TIME is here to look for BUYING OPPORTUNITIES!!!! Personally I just buy at whatever price....and sell when it closes below the 200 again...
falling wedges target is 11.5k we may reach 11.7k with fomo....bears may try to dump it back down after that and send price action back to retest the top trendline of the purple wedge while simultaneously filling the 8.5k gap...or it could also fall a little further tto test the 3day chart 50ma or 200ma (in orange and blue) for a big support bounce and to trick...
Using my FUSIONGAPS oscillator. See also my analysis on BTCUSD using my FUSIONGAPS oscillator.
Link to my indicator: According to this chart, it appears BTC still have some downside to go, before a turnaround. Look out for a significant positive peak (turn-around) of the 50/15 blue oscillator (blue color fill) as a possible indication of a good position to enter. Possible indication of good price points to exit seems to be where the 50/15 oscillator...
Another chart analysing DEMO using my FUSIONGAPS oscillator showing a possible mid-term trend of BTC, by comparing on historical oscillator trends/patterns. Link to my FUSIONGAPS indicator: An earlier chart showing how to use FUSIONGAPS to pick possible good time/price for entry/exit. Not a financial/trading/investment advice. Exercise your own judgement and...
The current battle playing out seems to be between the support of the falling wedge's top trendline(in purple) and the resistance of the double top's neckline(yellow horizontal). If we somehow were able to close the 1 day candle above this neckline that would be a good sign for the bulls. We would still need breakout confirmation from the wedge first of course,...
Simple moving averages (50,200) golden cross most likely to occur 30th July
Here we have it. Possible upside move after this possible retracement. Be patent but we look like a collision course for the golden crossover is upon us for Bitcoin. We believe from Q4 Bitcoin and the whole market will pick up with the Bitcoin Halving hype taking over.
This backs up the previous chart I did about Bitcoin coming back down to the 8600 regions and possible start again. MA50/MA200 crossover on the longer-timeframes is usually a great bullish signal. Can history repeat?
As expected here we can see price action has made its way up to the neckline of the 4hr chart inv H&S pattern and even sent a wick above it. The 3hr 50ma is now blocking the exit though adding some double reinforced resistance with the neckline. Fortunately the price action doesn't seem to be getting any kind of harsh rejections down though which suggests it...
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we are now going on 4-5 consecutive neckline fakeouts here as bitcoin continues to walk the h&s neckline tightrope shaking the weakhanded longs and shorts alike. It could finally break and decide a direction this next move or it could continue to ping pong back and forth and grind sideways all month. Let's recall how during the bearmarket the priceaction went...
As you can see the market is going up and tests the resistance at 1.25631! If the market breaks this level, we will buy with a risk-to-reward ratio of 1 to 3! And we get support of the possible golden cross too! Thanks and good luck!
The real estate sector made an upward cross of its MACD on the daily chart yesterday and appears headed toward the top of its parallel channel with good momentum. This sector is rated "market weight" by the analytics firms. Since the EWRE equal weight real estate fund got its start in 2015, it has modestly outperformed the S&P 500. However, the sector faces...
Total: New Privately Owned Housing Units
On the 4 hour chart we can see a Golden Cross MA20 crossing over MA50 on July 5, 2019. The trend line S/R at 10,777 could be retested if a break to the downside occurs. If we move upward with a clean break of the trend line the Fib .618 could be retested at 13,473. A bullish break could go to the 14K level.