Looks like Bitcoin might break out of this downward sloping pizza slice and test the low $10K's. Oscillators show RSI breaking out of a wedge formation. Confirmation? Maybe. Good luck trading! :-)
The Bollinger brands indicate a buy The rsi is over sold zone the market will have a bull back from a sell to a buy trade short term with wave analysis correction has completed now it a implesive wave The fib level is 50% for take profits and begins a down trend
Hello Traders My forecast is one more upside for the completion of the B wave. That's why I want to take a long trade in order to hedge it at 0.786 retracements of the A wave. I'm waiting for a correction over the trendline to place a pending order. I'll put SL under the trendline. Trade with care. Bulent
29 july halving td sequential buy signal and stock-rsi is just starting. BUY THE MOON SOON
1. Triangle pattern is broken and retested. 2. price is below the ichimoku cloud. 3. Daily MACD just crossed bearish. 4. btc need to bounce on huge support to broke major resistance.
#BCH there is pump preparation When #bch is like this, #btc rises. Target is 240$ Estimated 4 Days I'm waiting Wait For The Support To Bounce Right Now
Hello Traders After a drop for about 2000 pips without a decent correction, I think it's time for a bigger correction. The last low can be the end of the drop and what we have after that can be a reversal structure. I'm waiting for a trade setup to place a pending order. I plan to move SL to BE when the last top is broken since there is a chance for another...
SUN Pharma Above 506, Target 515 SL 496
If the market was to retrace to the the green highlighted area, we would have a high probability opportunity to take a long position. We would, at that level have the confluence of the support structure, the Fibonacci taken on the impulse and if we were to get a confirmation to go long with a bullish candlestick pattern.
Month long trend line in view, if it breaks below 28500, it could be game on - MAs 13 and 26 bearish cross - eyes on the prize - DYOR
There is BOWL Formation target is 30%. BOWL Formation Cup can also turn to Handle Formation. Stochastic RSI broke up. TP: 30% SHORT TERM
Hello Traders The upward movement should be the B wave inside a bigger correction, and the last top can be the end of it. If so, we have a reversal impulse and correction. That's why I've placed a pending order. Trade with care. Bulent
Let me know what you think, would love your opinions
Hello Traders A correction between the green lines for more upside should be in the making, and as you can see, the next wave can be the C inside that structure. That's why I want to take a short trade and to do so, I'm waiting for a correction. Trade with care. Bulent
Hello Traders If the current structure is the 4th wave, a running flat should be in the making over the blue trendline and the last top was probably the end of the B wave. What we have after that should be a reversal structure. I'm actually in the trade, but a lower degree reversal pattern after the expanding flat will be a good trade setup for those who want to...
Hello Traders !!! Hope you are doing good. I've been actively trading for 8 years now and in all my experience I have never seen the market being so out of place so this is why my favorite action now a days is to wait for the best moment to get in the market. I recommend using lower exposures. DAX as I see it is under a key area that has been resistance turned...