As investors grow weary, and the fear lingers, as evidence from the remaining high volatility, I think we're going to see another panic drop to $23,500 again. Additionally, many are moving to bonds, which could be a factor in the impending drop. Another factor could be Trump's proposed tariffs.
Lemme know your ideas below,
Since October 2016 - Summer 2017 we were more or less in a nice upward trend which slowly turned into a big range as you can see last try to break the summer 2017 High failed and on its way down price breaks through a nice upward trendline ( a nice short trade by the way)
Now we just testing the low of the range outside of the trendline which could lead to 2...
Bitcoin is currently trading at 11100, seeing as per the data it is trying to break first 11500, n then 11700 , then only it can rally to 12500 or 13k.
Since Bitcoin is winging sideways, i thought of sharing analysis for short term. It is not advisble to jump for short term trades and i never advise to go for short term trades it is only for people who know what...
You probably familiar with the famous Pyschology of a Market Cycle graph. When you compare it with ETCBTC chart, you can see the similarity, and we are just passing through the DENIAL phase.
I was planning to HODL until May, but recent news made me question my decision. Now looking at this similarity, I again decided to HODL.
The price after the down trend consolidated in the range of @585 - 645
In general, DASH follows the markets(BTC, ETH). If the market continues to grow.
With a high probability, DASH will also continue to grow
If price break out resistance zone @640 - 665.
Next resistance zone @735 - 755
Entry point: 665(Buy stop or buy limit)
DXY Update 29th February 10:00 est
Still a buy dollar dips v EUR and XAU market back to the
central parallel of the current run - looking for 91.00 in near
term and then, once this level is broken and held, on up to
91.78 and into the longer term falling resistance line - around
March 6th on this chart. Look to take profits at this point and
With stong fundamentals it's not likely that the spx will continue to drop, in fact it looks really cheap right now, with the market being predicted to surpass it's previous highs a long trade is one of the best positions to be in. This are some great entery points to buy since the price seems cheap relative to what it's been in the recent past
Trade idea for us30 index.
After the rise in Monday's session, the market has returned to the starting point for this week.
- If the market has broken the area of (25409-25327) will be a sales opportunity with a goal of 24635.
- if he consolidates the market will address 26000.
- the rsi is on the line of 50
- the price is under the MVA 21