FX:USDCHF Big rare pattern, greate opportunity to sell
A Bitcoin sell off does not always mean it is trending, it is all a matter of perspective. If you focus on one hour charts, you will see a trend! For those who do not realize yet, losing is part of this game. When I was a beginner, I hated losing and used to make the mistake of letting my performance determine the value of my self worth. Back then, a colleague of...
Hello Tradies! There's so many people focused on BTC it's getting a bit boring. As promised to Purple Crypto members, here is my analysis for BCHABC/USDT (or Bitcoin Cash). It is showing positive signs of an uptrend on multiple charts. On this 12H chart: - rising Stoch RSI - rising TRIX - rising MacD - some selling activity and - a steep rise in the stoch RSI...
Good Afternoon traders! Bitcoin is at it again. At time or writing, Bitcoin is trading at $10,682 and it just bounced off of resistance towards support, here are some key levels we may want to keep an eye on. The daily chart shows Points of Control(POC's) at $10,700 and $10,598, and, the most prominent POC on the daily, $10,400. If we zoom in on the hourly, we can...
Unlike some users on Trading View, I do not make every analysis public and for the benefit of my members, I only ever enter a trade where I am 100% confident it will generate guaranteed profits. I just don't see the point of posting every chart that may "possibly" uptrend. I am only focused on profit-generating cryptos! MATIC/USDT's trend line projection analysis...
The price levels I gave you a month ago worked well because the market remained sideways. I updated the resistance and support areas by slightly changing the settings of the Kama average I use (I increased the smoothing factor from 2 to 3). I confirm that below 8300$ thresold the trend changes from flat to bearish at least in the short term, the previous threshold...
I am expecting that the German Market will make one more lower Low target Zone should be 11000-10800. Currently we are in a corrective structure within a down trend there are two ways how this structure could play out. The first setup (orange) gives us a Short Swing Level around 11800 the second setup (grey) gives us another Short Swing Level around 12100-12200....
Last very short-term analysis: The price moved back and forth in this rest period. Now 1528$ (R1) may become new support to start 5th wave (green scenario) or may not and S1 act as support (orange scenario). Note that It is a very risky situation. Price has reached medium term high and close to long term high. watch your position and set reasonable SL and TP.
Cocos in a potential inverse head and shoulders pattern. If this plays out we should see it reach 25 sats in short term and maybe higher.
The long awaited move by ALGO has begun, breaking the long resistance in stoch RSI on the 6 and 12 hour charts. It's made the biggest move since Aug 14 and all other signs are positive too. I believe it has completed its first small wave with it currently in a small downtrend. I am expecting it to rise to the peak RSI on the 6 hr chart in the short term. As per...
This is purely a technical analysis baring no changes to the current fundamentals. The idea is premised on the trending the periods and moving averages to project a short term trading idea. This idea is not meant to be a trading advice. As with all things trading, do you own analysis and come to your own conclusions before placing trades. This is only for...
Hello everybody! I wanted to shoot this out before I retire to bed this evening. MATIC/USDT is showing bullish signs on the 4 hour chart. It has just crossed the 90 EMA. From history, it has sky rocketed every single time it has done this since May this year. Based on the previous cross over on 6 August, it has the potential to rise to the 5.786 fibb mark (or...
Good morning Asia! I hope you have a deserved rest over the weekend and are bright and alert for a fresh new week. While I await a positive sign/change from ALGO/USDT, I would like to share with you my crypto of the day - LINK/USDT. It is showing signs of the start of a new uptrend. Retracing from the low of the previous uptrend in April this year (where the...
Good morning to everybody in Asia and good evening to the rest of the world. My crypto of the day is ALGO/USDT, one that has been downtrending for a very looooooong time. Based on my TA. I believe this is going to change. Long-term analysis (as long as it can get for ALGO :) ) indicates this is heading in the same direction as BTC did when it first turned up...
Just simple Dow theory. Seems it will reach to purple curve. Not so sure anyway ;)
Buy the panic, the fear, Closing daily as Doji, after a heavy downtrend, means a very possible reversal, at least a retest on the upside before another leg down, I would buy around here, sell/move SL if we go up around 10800/11k and wait for new moves, weekly close is key here. Always DYOR, if you follow this shitty trade and make some sweet sweet...
MATIC/USDT has turned up again in the last few hours (while I had the most beautiful, peaceful sleep after 3 days of international client meetings which entailed waking up in the wee hours to provide trade signals on my premium telegram channel - a 53% ROI in the last MATIC run). Based on the previous run which ended somewhat disappointingly (yes, I wasn't happy...
FED Dovish WTI pushing higher Smaller time frame