Hi friends! Welcome to this update analysis on Bitcoin! Let's get right to it! Looking at the weekly BLX chart, we can see tat Bitcoin continues to struggle at overhead resistance. That resistance is the weekly 50 EMA (in orange,) which is intersecting exactly with the 61.8% Fibonacci retracement, which is produced from the decline from 6000-3000. We also have big...
It's an update to my previous post based on the 1H timeframe. You can find it in the related ideas and get more details about the market and why we have to follow the price channel.
Now we have to note an important signal - the price reached 5300.00 resistance level which also is supported by the upper line of the channel.
RSI confirms the price reversal. MACD...
Short this!!!! I can't say this enough, a large bull trap is being played out and everyone is being blinded by greed, hard greed. Now this may look a bit confusing from the picture but basically, we hit the .65-.618 fibonacci retracement on the way back up which we also did in July of 2018! Now this was a cause for concern at first, but then also i noticed the...
Symbol: EUR.USD - Euro / U.S. Dollar
Timeframe: Daily, 4-Hour, 1-Hour, 5 minute
Predicted Direction: Short
EUR.USD - Euro / U.S. Dollar updates will be available in the comments section below as price-action develops.
Hello to all traders, investors and other crypto enthusiasts.
Today I am publishing an analysis of the ripple/dollar. From the Polonex exchange because here we can see a long history of the movement of the coin.
If we talk about the chart, we can see a repeating yellow triangle that will be broken by a huge green candlestick up.
First fibonacci level at the...
The market bounced from the bottom at 0.074 level and started developing a new uptrend. When the price broke the local downtrend line and moved above SMA100, the bearish trend reversal was confirmed. We also could get an additional confirmation that the market became bullish when the market had formed new higher highs and higher lows. The market started the...
Williams Percentage Range Strategy
The trading rules for the Williams Percent Range strategy will be outlined in this section.
When day trading you need to eradicate all the uncertainty around your decision making process. This is why we have developed the Williams percent range strategy, a based-rule system, that can get you trade from a place of personal...
Price moving in a wide symmetrical triangle pattern, this pattern is almost approaching the end which mean there will be breakout at any time soon. Critically looking more on the structure it resemble inverse Head and shoulder which give us opportunity to look for long entry.
Kindly follow the suggested accumulation zone on the chart and always remember to apply...
Looking at price pattern on LRC it shows a successful breakout of price from falling wedge and after which it make a little rally before drop back for potential re-test on the wedge structure.
Its very important to apply tight stop loss because if the coin fail to hold the expected level at the accumulation zone will likely drop bad to test out the wedge...
I´ve spend many days watching the Bitcoin tickers at many timeframes for many years and I realized this is the ultimate chart with important trendlines / gread & fear (based on RSI) / halvening setup which seems to be respected for many years & in my opinion from long tern perspective investing this Weekly chart is most important history based...
Happy Easter to everyone!!
Winter is gone,
Spring comes to us and bulls are waking up.
New bullish trend is flourishing so don't miss this rally!
On the daily chart we have a completed easter eggs pattern,
it is a very strong reversal pattern that appears only in spring.
I also see a strong correlation between market...
Spotted potential ISHS which trading inside falling wedge with the right should will like be a re-test on the wedge level.
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss.
Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
Do know that I appreciate your effort and the time spend in...
Bitcoin is here to stay, that´s my believe. A huge global financial fatality is coming, the mother of the bubbles, the Bonds, is ready to burst. The 247 trillions global debt is insane, governments, banks, corporations, and individuals are borrowing at a rate that they may not be able to repay, or only pay the interest of these debts. Developing countries, which...
#XRPUSD (Daily TF) (Bitfinex)
LOOKING Strong Above 0.31$
May Will Be The Month Of Ripple Bcoz Its Ready To Breakout After Longtime..
My Target For Midterm IS 0.58$
Note : If Btc Remains Stable & Bullish then We Can Expect It..
Hit Like On This Idea,..& Follow Me For More Like This..
Good morning, traders. Many were scared off by yesterday evening's little drop. As we can see, price bounced just above the pivot closing above the 21 EMA once more. The short double bottom target, of the swing high denoted by the purple line/R1 pivot, remains at this time. The 4H Stoch RSI is nearing a bullish cross in oversold. RSI remains bullish at 56.8.