*Entertainment Purposes Only, not trade advice. DYOR
I really like the story behind this coin. Consistently in top 100 cryptos. On multiple exchanges. It does have a lot of outstanding coins though.
Reasons for trade:
Location it is between .618-.786 and at .786 off two different fibs (double entry zones) from most recent highs. It's near the bottom of its...
BTC/USD is forming a Bearish Crab and is nearing the Potential Reversal Zone (PRZ).
This is happening after the formation of the Bearish Gartley failed to reverse (see in Related Ideas).
Notice the tight levels of the 1.618 XA projection and the extreme 3.14 BC projection.
The Crab pattern is usually volatile in the PRZ so prices might reverse...
The NZD/USD is forming a bearish Head And Shoulders on a daily chart.
The head of the pattern is itself a double top formed on a historical resistance line.
The right shoulder is currently at its completion point and there are signs that prove is starting to reverse.
More on that in the link below.
If the pattern is completed, price could move lower...
Reasons for entering trade:
LOCATION: Double bottom forming off of .618, not yet confirmed.
Price currently between .618 and .786 from fib off of breakout and uptrend from 2017.
MACD: Triple bullish Divergence (Market Structure in MACD)
WILLY: Coming out of oversold (Market Structure in Willy)
VOLUME: Green bar Impetus
Notch in volume profile needs to be...
Dupa 6 zile consecutive de urcare, s-a format o miscare laterala, cu o lumanare de coborare engulfing, codite mici.
Pretul are sanse sa:1) urce pana cel putin la 0.93; e vorba de cca 600 pips
1a) formeze MACD pattern-ul, urca pana la zona 0.927-0.93, apoi sa coboare; cca 400 pips
2) coboare la 0.92, un...
Hi everyone, it has been a while, but I am starting to get back into trading. I needed some time to just collect my thoughts and look at trading in a new perspective. So here it is
In short: Twitter is looking bearish
Elliottwave analysis: It seems to me that on the longer term we have finished an a,b,c move, meaning we are headed downwards. If it is a wave one...
Take at your own Risk. Past results does nor guarantee future results.
Weekly Trend is Uptrend
Daily Trend is Uptrend
Weekly Fib levels show major resistance on 0.618 and 0.500 levels, these levels were also close to the High and Open of Weekly Values for Sep 05 2011.
Pennant triangle is apparent on Daily, 4H
Previous Day Candle showed Bearish Spinning Top...
1. Price rejected R1 Pivot Level (PINBAR: indicates the start of a downtrend).
2. MACD shows DIVERGENCE between price action and volume.
3. OVERBOUGHT Zone.
4. Every IMPULSE to one side is followed by an opposite impulse.
as i have analysed the EURUSD in Persian language so i am keeping a Snapshot of the same analysis and position complementary to it so in future we can return back and check the upcoming results and its accuracy...
this position is based on Daily Time frame Divergence with MACD and CPR signaling, engulfing candle stick patterns...
i have used Camarila Pivots...
DISCLAIMER : Take at your own risk . Past results does not reflect future results. Please use PROPER MONEY MANAGEMENT. IF IN DOUBT, GET OUT.
Daily TF: Daily Trend is an UPTREND and is above 50 MA. Previous Day Candle is Spinning Top, Market is in tug of war, no clear indication of where it will go. Daily Fib indicates that it hit...
Gaining strength after showing weakness/neutral trading up until the cross-section. Ichimoku is not pictured here to keep things cleaner, but it is supported and well above the cloud on the hour. Although I'm bullish long-term (duh), I think it's likely this will be a short lasted upward move into rejection territory, followed by the fall to the first support...
The price of BTE looks like it's about to cross under the 50 SMA (sell signal). Combined with a pessimistic looking MACD and RSI, and a bearish MACD-divergence, we have reason to believe that the price is going to drop to the 0.35 support/resistance. In case the price crosses under the 100 SMA as well, it might even drop to 0.1993, but the SMAs...
it is a weekly analysis of BANKNIFTY and we can see the retrace on the price due to Covid-19 is now close to 50% Fibonacci level and it can have a touch on 61.8% too and then a big reversal and it will touch the 100% of Fibonacci expansion
we can notice a divergence in MACD too which is an other reversal sign
and when combined with Fibonacci levels we can see...