Bulls have tested 6800 area 6 times since June 18th, I think if we head back up there and the head and shoulders pattern plays out then we will break up towards 7000 area. Maybe consolidate around then and move up giving the resistance time to come down. The 200 MA is moving down and we fell out of the sky last time we touched 200 MA, also the 30 week MA is...
buy now or wait if price drop to 270sat hold this coin 1month good luck
We are at a relatively lowest area in the whole of 2018, even the market is bearish now, don't open short position at this level, the risk is too high. We would better search for the chance to long in the highly oversold area
Here on the GBPUSD there is a potential long setup for close to 800 pips of profit. If we see price break down impulsively idea will most likely be invalidated. Price action on the daily timeframe is supporting this trade idea. Trade with caution and good luck.
Going to keep this idea simple and short. 1) BTC has been stuck in this immediate downtrend channel since the 24th of March, as indicated by the white trend lines. 2) There have been identifiable Elliot waves that seem to support the idea of BTC trading in this range. 3) The bottom long green rising trend line has been previous support for BTC on more than once...
Time New Bank BITFINEX:TNBUSD is going up and looking to cross on RSI and MACD, also if it can break the resistance level at around 0.033, we could expect more up. This project by itself has potential, it it just a bit weird for it to go up right now since BTC is consolidating at around 9500-8700 and is more likely to go down. The reason for this potential up is...
NEO is close to strong resistance. If a candle closes above resistance, it will confirm a buy signal towards the top again at 100% of the fibonacci pattern. If it bounces off resistance, it will likely visit 125$. This may make it bounce to 158$ again, or break through to 106$. The ideal entry is 106$, as a bounce from that price is very likely with a high reward...
If it breaks the neckline, 0,618 retrechment can be possible. It should be watched, if it doesn't break the neckline the chart can be a flag, and a continuation will be watchable
Price has been rejected from potential reversal zone. Key levels on chart in case of bearish trend continuation.
BITFINEX:BTCUSD hit our first top projection at 6200 level, but we still see room for a new high, so we have to be very careful arround those levels! We believe that Bitcoin is in minor three wave correction of red wave (IV) with strong support arround 5000-5200 level and 38,2% Fibo. retracement. Keep in mind that 4th waves can be very complex, for example: flat...
Just took a look at this with our live room members, but we have a potential bullish bat formation lining up with an ab=cd pattern coming right into a killzone that we had drawn out from the higher timeframe. I'm not expecting a continuation trade out of this one due to where price is located, but i would expect to see some sort of reaction at that level....
SNAP turning bullish today after test < 15. RSI stabilizing on daily chart. SNAP HERE!
Potential Dip Sell - Wait two candles to exclude a breakout!
breve idea of the next trend for nzd usd
Price has been in a consistent short-medium term downtrend. All signals are pointing to continued bearish momentum on this pair. My next zone of interest is the PRZ as shown on the chart. If price follows the rules of the Harmonic pattern in place, then there should be a very good potential setup for a bullish run.
Hello Traders, I have observed a potential bullish bat pattern on CADCHF 4 hours chart. Here, PRZ is made of 0.886XA, 1.27AB=CD, and 1.618BC Fibonacci ratio confluence. This potential trade has a risk/reward ratio of 1:.1.4 for Target-1 and 1:2.2 for Target-2. Happy Trading!!!
Hello Traders, We have a potential bullish bat pattern setting up on GBPAUD hourly chart. If pattern completes, we expect price to resist in PRZ and set us up for long opportunity. Here, PRZ is made of 1.27AB=CD, 2BC and 0.886XA Fibonacci ratio confluence. This potential trade setup has a risk/reward ratio of 1:1.4 for target1 and 1:2.2 for target2. Happy Trading!!!
Hello Traders, I have observed potential bullish gartley on USDCHF 4 hours chart. I am expecting price to resist in potential reversal zone and reverse. Here, PRZ is made of 0.786XA, 1.27AB, 2BC, and AB=CD Fibonacci ratio confluence. This potential trade has a risk/reward ratio of 1:1 for Target-1 and 1:1.7 for Target-2. Happy Trading!!!