Bitcoin has left the broader sideways channel, which was slightly upwards pointing, a now new downtrend has emerged. The chart shows how you can scale into a position and where to cover. All entries are based on price action rules. The cover targets are based on targets at which upside movements could start.
Looks like the last downtrend is going to end soon. So maybe now a good time to go in on XVG!
Will be multibiometric! Smartcards (contactless & batteryless, acesscards and payment cards) Iris (activeIRIS) Airportsecurity I o T In the Cloud FULL In-Display (touch your thing and it is unlocked) In the car (nu radionsignal and no more stolen cars) Outside the car (no more lost keys, look at it or touch it and its open) At the petrol station According to...
Will be multibiometric! Smartcards (touchless & nonbattery solution in access card & payment card) Iris (AciveIRIS) Airportsecurity IoT In the Cloud FULL In-Display - touch the device and it is unlocked In the car (no keys, no radiosignal and no more stolen cars) Outside the car In the petrol station (with Visa) (States will be FPC's largest customers...
Everything made easy. This also show the cycles of many technical innovations.
On the weekly chart, it seems as if we are approaching a top that should give us a reasonably substantial correction sometime during 2018. However, on the shorter term, the market it still pointing up, and therefore, is still good to buy on intra-day and intra-week swings to the upside. Historically, the market finds some kind of resistance when approaching round...
EURUSD Don't get Spiked in FOMC aftermath Eur stays under pressure whilst trapped within the parallels - a break above the upper parallel means trend change back to positive for EUR - not a spike above the parallel (FOMC) - a successful break and hold on retest to know that trend is changing back to positive for EUR. Update: A fantastic break that we usually...
Bitcoin Update Can buy this when it breaks out of the upper parallel ....14594 is holding...can buy off here with stop below by 20 points for small loss if wrong or when it breaks the upper parallel ...try on 5 minut chart..will not upload less than 15 minute chart
BTGUSD Back in buy zone at 306-300 Longs should have closed out at the 320 target and now BTG is back in the buy zone at 306-300 range -it can potentially spike down to the lower parallel at worst before the rally resumes. Look to accumulate on weakness with stops placed below the parallel or can try at 306 with very tight stop at 303 for small loss if wrong from...
Brent Crude Oil UKOIL Back in the Buy zone Well the stop on the short from 63.77 never got hit and Brent duly came off back to the first target at 63.10 for a small 65 pip win - but should have held it longer as it then went on to test the lower parallel of the flag, bang on 62.17 support at the same point in time, and has since rallied much more strongly...
BTGUSD Was banned for 24 hours for posting a text wall yesterday so was unable to update this - which was a pity because that little continuation pattern running down the parallel when we left it was so well defined, just backing and filling - it needed a new line over the highs as it ran down the parallel to redefine the perfect trigger for beakout... and when...
BCHUSD Next Trade Set-ups ahead of Weekend This was left as a short backk to 1180-1100 range and with a subsequent low at 1152 it did ok. Obviously the slick trader will not just close out if the last trade has gone to plan, he (and increasingly frequently, she) will naturally seek to reverse, with stops underneath and see what comes. If you managed this here...
ETHUSD ETHis back in the buy zone - look to buy on dips or put an order in and go fishing - how deep to lay the bait? 413 with stops below 409. And then a long shot at 392. Old bull/young bull - again...to chase or to wait and let the cow come to you (in this tale of mixed metaphors, it's late) - old bull will sling an order in at 392 and if it gets hit...
BITCOIN: BTCUSD BITCOIN: BTCUSD First, if you got long on the eventual break above 10000 the target was 10436 so we should be flat again. If you bought the double bottom we were hoping for - at 9472 - well done. The real price action on 30 minute chart shows that 9400 and just under is where the real action is centred but it was imperfect and so difficult to...
BTGUSD Update This has been a good reliable short once the dynamic support gave way, as per comment from Monday. Now it's back in the buy zone so shorts get closed out and reversed long with stops under 318. Short term target is the falling dynamic around 350 where some day traders will reverse once more for another short with stops above the dynamic. Pin...
BTGUSD BITCOIN GOLD DOLLAR The rally today is thin and grindingly dull, but it's steady. Better to be long with a stop under the little uptrend for the day than flat. But if at any point the day's supporting line is broken it will likely force price down 25 to 30 points to 340-330 range where it becomes a buy once more. This thing has already lost the...
BCHUSD Back in the buy zone now A little burst of Dollar strength on back of DXY touching near term support at 92.62 has seen all the alts v USD weaken. BCH is now coming back into the buy zone, either from 1539 if touched or alternatively on a break above the dynamic from the highs.There have been two minor spikes through this line but both have failed. We...
DASHUSD Update We were so lucky to get filled at 305 back on November 10th just an hour or two after the last Dash forecast went live and trade is still live and going well, so far. But it could be fading here, it's falling away from the top of the flag and needs buyers to push higher and trigger the next addition to longs. If we see this the stop on all...