Dark knight rises Based on my analysis: I think the bull up move is now compromised. In my previous idea, I've drawn a tight range (channel) where the price was orbiting. It is a ceiling in fact, a real resistance zone. I think there is 15-25% chance that the price will keep on going up strongly. It's really pessimistic in my opinion. Let me tell you...
Based on my analysis: The up move has now finished a cycle. But it's not yet finished for them. Because they are still strong. I'm seeing 2 possible scenarios for the next 2 days. As you can see I've removed most of my violet lines , from my previous idea. since they are useless now. That's why I say there is 2 possible scenarios By seeing the S4W/Mirror...
Looking at the technical indicators: Hourly MACD – The MACD for BTC/USD is slightly placed in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI is presently well above the 60 level. Major Support Level – $6,320 Major Resistance Level – $6,500
Set to open around the $200 mark? Not calling this the top, but sure we are pretty close to the top! We all know how this ends? #Crypto $DRYS
Based on my analysis : Since September 14th we've entered a channel, and exiting it will mark the real direction the market will go. I'm seeing the bulls power is "sanding" a bit. What is sure, for me, there is too many uncertainties right now to take action. The UP move is a bit compromised as it is now. Also, I've seen 2 of my support levels (violet lines) are...
As long as the current swing high (1.3226) remains the high-water mark of the current wave on the daily chart, then a buying opportunity may set up for later this week. Until Friday’s close, or until the current swing high is taken out, buy orders from just above the 38% retracement from 1.3097 are solid entry to the bull. Using a standard 1:1 risk vs reward and...
A strong floor has been confirmed. Cycles and the imminent crossing up of MA 200-50 indicate an incoming rally.
Fundamentals - GOLD and JPY are both assets used as safe heavens and therefore are strongly correlated. Lately, there has been a strong divergence when gold dipped. This could indicate that gold is underpriced. In addition, the shadow of a trade war and Trump's comments are worrying investors who are looking at tensions combined with a really high financial...
The daily chart for the EUR/USD pretty much sums up today’s action. A big red candle is forming and downside support is coming into play. To capitalize upon the sell-off, a long position from just above the daily 62% current wave retracement is a viable entry. Here is the trade: 1)Entry: Buy 1.1611 2)Stop Loss: 1.1572 3)Profit Target: 1.1636 4)Risk vs Reward:...
With the API and EIA inventories reports rapidly approaching, it looks like energy bulls are happy on the sidelines. In the event that we see a further pullback in October WTI futures, then a long from daily Fibonacci support will come into play. The trade: 1)Entry: Buy $67.26 2)Stop Loss: $66.99 3) Profit Target: $67.53 4) Risk Vs Return: 1/1 It is anyone’s...
Hey, let's see on the some same points in the chart, luck ? I don't think so. Be prepair for another rally.
Set up for another chance on the USDZAR, Lower Low, and a Double top set up on the 30min. what do you guys think? whatsapp: +27 78 864 5409
A quick chart illustrating that even in the bearmarket of 2014/15, the MA200 weekly support was holding. It therefore seems, that this support acts as ultra strong lonterm support, so imagining how this support will develop, could give hints about the future price development of BTC. If BTC is to repeat a bearmarket 2014/15 style, it is very likely that price...
bitcoin came up through ichimoku cloud after long time this time we will see great rally i dont think we will again touch 6k level again
EURUSD EUR broke important support at the 1.15088 line on Friday and then collapsed in a near straight line towards the next line of support at 1.13679, after making a low 19 pips above here so far. All these lines on DXY and Gold and here too are weeks old and none of these charts have had to be updated or amended....showing how slooooow most markets are...
Hi Guys! As Bitcoin price drops down there are many alts that actually grow. One of them is Ethereum Classic. We all now Coinbase is going to support ETC starting from 7th of August 2018. After around two weeks when enough liquidation will be obtain they start active trading. Will we repeat the success of LTC from last year when Coinbase started supporting trading...
Someone gave this stock Cialis. I apologize, I'm not an artist!
Well, as soon as BTC starts showing some strength again, I start seeing the funniest pictures on tradingview. People calling 100k this year. That is some real shilling right there. Yeah, let's make the newbies think that the ETF is a magical 100k+ machine, the ETF will just buy up ALL THE COINS, drive up the market volume magically x10-20, bring millions of new...