With the direction decided, this will be a wonderful burst of volatility.
Hello Traders A simple chart showing my entries targets and exit targets. As always, this is not financial advice, just how I'm playing this corrective/impulse wave up right now. I expect 9k to show massive resistance, and i'll exit at 8900 roughly. 9k also has horizontal confluence and the 200 ema resistance band is right there. So lots to support my...
Not to beat a dead horse on this coin/chart, but I've been using it for purpose of putting to use some things i've been learning and I'll try to pass on. As you can see, there is perfect symmetry on this chart on the two swings. Symmetry swings are good to use 1.0 fib projections for support or resistance. I'm showing the 1.0 projection from the 3points(with...
Hello Traders, Going to be quick with the intro and summary here as this is a short term play and just shows where you can recognize the breakout points for a short term bull run or short term bear run. Overall Im leaning towards a correction to 8700/8600 ideally, and then an attempt over a mid term time frame to 11,600. Hope this chart helps you recognize...
In this video, I review some evidence available to everybody. I spot some behaviour patterns of Bitcoin over the years. The evidence to date is that it refuses to die - at each stage when people shouted "Crash!" or "Tulip!". I'm not saying that Bitcoin will not die. That's none of my business as a trader. My business is to assess evidence, see patterns and...
What the charts are showing are the major support and resistance lines drawn from the price action of XLM versus BTC from the last week and a half. So far XLM has stabilized within an ascending channel with a positive slope. This channel has fairly strong support shown in the chart by the solid and dashed green lines, technical analysis suggests that this...
of course this price projection is likely to be cracked by the inevitable whip saw of the market just view this as art..all interpretive
getsatisfaction.com Alright guys, I got permission from the founders email to post this as an idea, so don't try to ban me!! haha. But you all PLEASE go vote for this on the link! I would love for Tradingview to get the Coinmarketcap data of market cap so we as analyst can track the cash flows going in and out of the market! I think this would be the closest...
This is a forecast opening projections for USDCAD for Asia trading session
hopefully breaks this channel of resistance - completes an ABCDE triangle of a larger ABC correction.....and BUSTS out in a huge Breakout IMPULSE UP.
If you choose to buy here, caution is advised. Dip your toes in slowly (dollar cost average in) and have your stops just below the ascending BLACK trendline. I'm extremely cautious here and reluctant to buy until we have more signs corroborating this move up.
I am not suggesting it will happen, but I am seeing some of the leading cryptos (Bitcoin, Litecoin, and Ethereum) poised to dump this weekend. In addition to all remaining in bearish chart patterns: -Ethereum has fallen below .618 fib retracement and the $275-$280 support level. -Bitcoin has dropped below it's longer term bullish channel yesterday...
If you've followed my post, you'll realize that I've recently stopped out of Litecoin. Currently, my Litecoin deposits are sitting all in CASH. Here's what I'm waiting for. Just like it's big brother Bitcoin, Litecoin has a long upward bull channel (BLACK LINE). Ninety percent of the time we will remain within this bull channel. Currently, that's exactly where we...
Be careful here folks. This could be a BTC headfake. I remain skeptical that the bulls are back in control until we cross above the TOP BLACK line of my long time BULL channel and open a new candle ABOVE this TL on the DAILY. As of now, it looks to me like this could just be the first candle of a bear flag. If so, we would continue down below the $4000 support to...
While waiting for fomc projections many traders will decide to preempt as volatility dissipates so as to catch a leg. My idea is based around trading the aftermath and not the impulse. Thank you for any feedback.
you have to look at the last months for this. in a 30 day period it broke 600% and it's still on that same trajectory. i'll be following this one all month.
Bitcoin (BITFINEX) recently built support on diagonal line 1 after breaking through longer term support lines 2 and 3. Each of the past 3 bitcoin prices spikes resulted in % moves of 82%, 105% and 82% again, respectively (red labels). Each correction ends when the price dips down to meet the 100 day moving average (pink line) WHILE in the region of the 62-78%...
wow you look down coinmarketcap and almost every chart looks like this