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WELL BE SEEING YA LTC - DOWN WITH CRYPTO - BEARS UNITEDumping my entire $100 leveraged portfolio on this scam. Hoping this thing falls to $0. But a realistic target is probably something like $50. But this is trading, greed is our friend. I think? So lets call this thing a scam and short it to $0. Please Arthur do not fail me.
BTC Daily AnalysisBTC is consolidating for about 3 months. The range break will show us the next move toward bear or bull targets. Also if you are not a range trader it's better to wait for a range break.
Current range and other most important levels are defined on the chart.
Bear targets:
2980 (~3000)
2500
1900
Bull targets:
4350 - 4550
4700 (LTF)
5500
6000 - 6150 (The god level on BTC planet)
$CADJPY short idea Looking to short CADJPY here once we break under the red line here.
That would be a:
- Break in market structure
- Break of a 4h/daily S/R level
- price moving under a breaker
This should all act as decent resistence.
Some confluence here would be:
- CAD futures look like it wants to die any moment now
- S&P looking like it want to go down a little o that means JPY should see some strength here
NZDJPY - Sellers are setting up for the next leg southHere we are on Kiwi/Yen daily chart and as we can see this market is in down trend. price was just pulled back and smashed towards Resistance level which is nearly at 74.58 and now we can see price is forming false breaking setup wait for NY session close it may form as bearish outside bar / bearish engulfing. we will be getting in sell shorts here. There are three main confluence factors aligning here such as trend, horizontal level and signal (which is in progress wait for NY close). safe trading!
GBPCAD - Price is stalling very tight below 1.67222Here we are on Pound/Canadian dollar daily chart and as we can see daily and weekly charts are in bearish trend and price is stalling very tightly below 1.6722 and formed "Inside pin bar combo" setup. we have good confluences here such as trend, horizontal level, dynamic resistance layer and signal itself. we are getting in shorts from here. Lets see how market unfolds. safe trading!
GOLD - Sellers may take charge soon from 1204.74This is Gold daily chart and as we can see this market is in nice looking down trend, price is pulling back towards last broken support near 1204.70, we will be waiting for bearish price action signals here on this broken price level. We have good confluence factors supporting our trade scenario such as down trend, static price level and dynamic resistance layer which is near by. Let see how market price action unfolds. safe trading!
AUDNZD - Bullish trend may continue again from crucial 1.0975Here we are on Aussie/Kiwi daily chart and as we can see price is approaching towards the crucial support area 1.0975 which is trend continuation zone as well. we have good confluence factors lining up here such as trend, dynamic support layer and horizontal price level. We will look for bullish price action signals in coming days for getting in longs. Let's see. good trading!
USDJPY - Bulls are likely to push higher from 110.77 - 111.06Here we are on Dollar/Yen daily chart and as we can see this market is playing in bullish trend. We are more interested in looking for buy long opportunities. so today we have a fakey setup pin bar formation above support barrier i.e 110.77 to 111.06. we have good confluence sticking together such as trend, support and signal. Let's see how it unfolds. safe trading!
NZDCAD has approached towards crucial weekly supportAs we can see on weekly time frame perspective this market has approached towards crucial support which is nearly at 0.8680 - 8619 and if we see daily we have Doji formation on this area on last friday session. This seem to be counter-trend view but market may respect that weekly crucial support and may reverse the trend. Lets see how it unfolds. safe trading!
EURAUD - Sellers may take control from broken supportHere we are on EURAUD daily chart and as we can see that last week this market get pulled back towards broken support level which is located near 1.5700-1.5650. we have obvious bearish pin bar on this new resistance level which is also aligned with confluence of dynamic resistance and trend momentum is now looking down as well... let's see how this market unfolds more in our favor safe trading!