I have an interesting idea from studying the logarithmic superstructure of BTC that I would like to share with the TV community; From 2012-2018, BTC was trading above the black support line. However, during the late-2018 crash that saw us hit our cyclical low of $3,400, BTC fell BELOW this support line. The following pump in Summer-2019 actually confirmed it as...
Clear level of support has formed just above 1.26 level, if we can get a good period of dollar strength we could potentially play this up to 1.3 level. This is a longer term idea as this analysis is on the daily chart, lets see how this pair develops!
Monthly charts are more reliable. It seems that the top line of the descending channel, which started to form in April 2008, Is broken What is the next move? Due to the daily chart and volume reduction, it seems that marketers do not intend to increase the price sharply! I think route two is more reasonable for the market to continue. Let me know your great ideas...
Price has stayed at 0.30-0.20 zone for 2 years before it break the consolidation zone to >0.310 & rally break to > 0.40. Expecting retracement/ pullback when market open next Monday due to Malaysia is celebrating Chinese New Year Festival. If most buyer who invested this week & started to let go next week, we could expect that the price will be moving sideway...
Ticker: OCEAN Fundamentals Ocean Protocol uses something called PoD (proof of data) and is in the business of Big Data, which is expected to reach $229.4 Billion by 2025. PoD is a little bit like PoS where you can stake your coins to earn rewards. Ocean gives big data tools for Web3, which is a massive game changer. Think if Cambridge Analytica was an ethical...
Hello everyone, 100K is on table and this is just update for the long term perspective to get some more attention for the long term calls and explain that long term investing is profitable and less tressfull then daily or more overally active trading + you save your time for important things instead of sticking your face to monitors. What do you think ? Can...
It seems current price action is forming ascending triangle with higher lows in all time frames up to 1d. The above is example in 4h, let's say if we break previous all time high that will be also break out for this pattern. One can open long position at previous all time high after pattern retest. And wait till fibbo level 1.618 from swing high-low from...
#BTCUSD (4H): Priced soared again to take 40k, but found a strong resistance, If this high holds, I'm expecting the price to retest 34 once again to confirm the consolidation formation before the next impulsive move. Should we see a break above 40k soon and 50k will be just a matter of days/weeks.
Dear traders , Need to inform you all that I found that aurobindo pharma has just broke 4 yr resistance. Good investment for 2 to 3 yr horizon..invest but study before. Read the new case against Aurobindo if it's nommajor concern then one can m
We can see EA has had two pushes with return to accumulation. Last week we a stop hunt out of the accumulation that formed a big multisession "M". We now see a second stop hunt form another M on the lower time frame moves. We should see another push down to the Green take profit zone this week with a W and buys coming Q1 of next year!
As seen from the trading idea, the price is uptrend trend & expected pull back will happen once it reach the rejection blue zone before continuing long. If the trend keep going uptrend then it's easily reach to the 0.39533. Disclaimer: If you choose to follow this trading idea you do so at your own risk after giving thorough and reasonable thought and...
Here is First Majestic monthly chart with all levels to watch. Given Silver strong performance and seasonability we should be looking for a break of the long term trend line. I expect much higher price in the next few weeks. Trade safe!
GBPUSD will have a huge breakout if seller couldn't defend 2019 High and latest 2020 High. It's kinda similar post that I posted on USDCAD(there is link below for reference). The White Zone represent as Resistance zone (about 186 pips) as price still can make noises as market still trying to collect SL before showing it breakout(if only price goes to this trade...
NASDAQ:INTC * Declines stopped at a long-term weekly support line * After a 37% drop, a huge company - so in my eyes this is a great opportunity to buy the dip. * Breaking a small triangle descending * A stock breaks up SMA20
Watch EURUSD going lower because eur is getting weaker and dollar is gainning strengh beacause the elections result! But as we all know Trump is not taking that easy, lawers now will decide how legal was the results ! So manage your possitions carefully!!
Seen from the weekly TF, this pair has been an a very long-term downtrend! I am talking about years of overall decrease in the peaks of price. We see a formed wedge from rising lows and falling highs. Depending on the condition of the market and direction of the break, this can be a reversal or continuation pattern. Drawing reason from the direction of the break,...
Looking at a long term chart I see that we have support down at $5900- 6000, as pointed out by CryptoCheck, aka Marty Boots. Thus, from his chart I looked at a longer time frame and saw the same within my chart. I have added my recent and speculative channel. Of course a break to the upside would invalidate this. Also, as pointed out by CryptocCheck and many...
4 ETF's to buy and hold for Long-term growth: $HACK - Cyber Security ETF $QCLN - Clean Energy ETF $QQQ - Large US Company ETF $FDIS - Consumer Discretionary ETF