This update is an extension on previous long term analyses, although this one is more longterm. The same support lines are used and are still followed by the market, with one added at 6k. RSI supports upward movement, the MA (50) supports it as well. The support around 8.4-8.5k is holding. If it holds, it'll likely go up to 9.1k, since that one has already been...
BTC/USD is currently forming a textbook bearish continuation right-angled broadening wedge pattern; and we are now in what would be the final push up (potentially toward 8400-8500) before an eventual break of the support zone around 7800/7900 with a measured move around the $7100 region; which is confluent with historical price action and in the vicinity of the 50...
Its A Rare Pattern So Be Aware That After US-CHINA Negotiations And The Optimistically Result We Can Expect Rising Strength Of USD Next Week
So First Target Is The Daily Resistance That Has Been Shown In Chart After Breakout And Retest We Can Take Profit At 110.050 Or More Up to 110.300
Can we see a breakout in NYSE:C ?
I currently say this because ever since the 14th of January of 2019 it has been consolidating between the resistance line at the $65.23 and the support at $60.81.
For myself the RSI and MACD are the most important indicator to me. As you can see the MACD has crossed just before the...
Good day Traders
The H&S is still playing out from my previous post with a stunted 38.2 fib retracement to print the right shoulder, although I still expect another wave up to complete it. The downward sloping flag from my previous post seems to have turned into a right-angled broadening wedge as we found support at the same level as 13 Jan. Yesterday's drop...
People are over exited about Inverted H&S formation or Small Triangle formations but they forget the bigger pattern makes the direction of market.
In daily chart I see this " Right-Angled and Descending Broadening Formations " which it can be Bullish or Bearish but in a down trend must of the time it breaks out bullish.
As I see it can breakout upward now but...
DH TRADING MARKETS
For subscribers of DH Trading BTCUSD , they was able to catch an other good opportunity !
This is NOT repainting strategy and you can check this is normal bars (avoid Heikin Ashi or Renko bars for backtests !)
If you want to test by yourself you can ask for a trial !
Contact us for more information about this strategy and get strong results
I'm very new on the block and I don't know what type of reception this will receive but hey this a wild and wacky world and anything can happen
I predict the biggest cup and handle ever seen by man, where we can be fluctuating between 12k -7k at any time, but the main break out points will be around the...
Last comment was waiting for a flag to develop and looking to
buy at 655 which wasn't great considering it spiked to 614.
There was no stop advised here as it's so spikey so if you kept
your nerve here, hats off. It was hairy.
That flag earlier on Dash, now lost in the noise, was a day
trader's paradise. This thing moves so far so fast and in such a...
DIA: SPDR Dow showing 30 points up right now at Igindex.com. that's damn cheap. Take a look at Germany- up 138. Dow and Nasdaq both trading now and are still offering great returns for the brave bull who uses stops sensibly (so they don't get hit unless the market is turning down bigtime)