Bitcoin, $BTCUSD Finex, Medium long
Yes, this could be the break out of a triangle and be the sign of a recovery back to 13.5, but that does not mean we are 'out of the woods' just yet. There is still room (some would say 'hope') for a final correction. This is not because I or others are 'haters' or want to buy BTC cheap but because a deeper correction (or completion of the pattern) would be better...
With time, and observation comes understanding. A day of Elliot Waves and cup and handles led me to believe I could time this right. And wow did I surprise myself. I have never drawn on a chart, I have never done anything other than observe and trade, I see other peoples charts (Credit to Thomas, AlanMasters and Haejin) and if I don't understand something I...
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Sorry I'm new to this platform, don't hate on my un-sightly graphics Assumptions: 1. The majority of transactions for BTC and BCH are completed by speculators, because: High fixed costs in entering a profitable mining cycle means miners enter the market based on their long term projections from the fundamental aspects of the coin, not short-medium term TA. ...
The speculative bubble on the ICNXBT pair has pretty much fully retraced. Now, the orange line and the green trendline together form a strong support area at the 450-500 level, that should hold and it has done so in the past four days. The price is now being squeezed out of the triangle formed by this support and the downtrendline, wich is a bullish signal,...
Bearish Crab on $EURNZD D1. Entry range until 1.66106, stops above 1.6710. Possible targets 1.63457, 1.60331 and 1.56090
This will be a short term outlook (up to 31st July), medium term outlook (up to 5th August) and longer term outlook (up to 20th August) over the next month for Ripple. Short Term First I would like to bring your attention to the bearish pendant formation which is aqua-coloured. The price is near completion of the pendant but still needs a price increase to...
CL1 in April we expecting volatility to increase considerably and to stop in area 39.50 - 38.50 - there are we set our pending buy orders with reward ratio 1:5 till end of Q2 2017.
The EURGBP has just respected a very old and solid looking support level (label A). This level has been respected four or five times since July 2016. This level suggests buying positions. The upper descending trend line (label B) suggests resistance points. Using those levels as entry and exit points with a stop loss just below the lower extended support line...
There is a well defined downtrendline that was broken today. First obstacle around 84.00 which may be the first target if this pair goes up. Stop may be placed around 81.20. Risk:reward around 1:2.
NKE is showing the following strong short entry signals: - descending price channel (examine weekly chart to see this easier) - Currently at top of descending price channel - Showing strong resistance, a successive lower peak (not quite a true head and shoulders), and divergences. This is a good short trade that could be played several ways. - Swing play: Enter...
S&R level and Fib retracement levels come together to support the idea of a Butterfly pattern forming on the 4hr chart. You can either wait till it hits either of the targets to sell the regression or you can ride the wave up after it breaks the 113.928 price which appears to be quite important here. Setup 1: Entry: Long at 113.969 TP: 115.404 or 116.168 SL:...
Verizon (VZ) is showing strong bullish signals and an ascending triangle pattern. It is currently at a great entry point. This is a good 10-20 day trade (somewhere between a swing a medium term play). Strategy: - Enter LONG immediately. Set price target just below previous peak at $54.50. Set stop loss below support line at $48 (can be adjusted based on time...
Price broke out of the corrective structure and looks like its consolidating at the bottom of the new price range. Will be looking for buys if price breaks out of the consolidation.
Price has revisited previous Brexit lows could not break below this area Looking at a ABC flat correction to the upside Higher Low established Significant confirmation for bullish momentum if there is a break and retest of Daily descending tl TP 1:1.3000 TP 2:1.3120 TP 3:1.3290
Traced green line stand for main trend continuation on the 4 hrs. Some little corrections could happen as already did. The purple line is the 1 day timeframe uptrend support line (1D chart is not shown in this picture) If the trend keeps going over this line in the 4hr the uptrend is confirmed and strong. If any under the line correction happens set your SL and...
Hi to everyone. From my point of view a possible change of trend of Aplee in the next few days, a strong resistance zone highlighted with a rectangle, which may retry the price, if the price is rejected two Objectives that the price will seek once broken the trend line up. I think if the price break the trend line the two targets are affordable for the price with...