Bitcoin experienced a week bullish market in the past few days and now it has been reached to a wall. Although, it might seems passing the wall and going for a bullish market could be a possible scenario, I strongly believe that we are going to have a bearish market and it is a good time to enter a short position. The first reason appeared on the charts,...
Idea is to short GU SL 1.4350 TP1 1.3965 TP2 1.3760 Good luck!
At decision point on 50 MA, RSI nearly 'oversold'. Looking for a 12345 correction from the symmetrical triangle pattern. Possible breakdown to previous trend line as shown, reaching the 261.8% FIB. Look for confirmations on lower time frames. VENBTC
I believe we are about to see HIIQ have another sell off. there are plenty things pointing to it.. 1. it came down on huge bearish volume 2. It is retracing up on lower volume 3. it just hit the 50% retracement level 4. It is oversold on the Stochastics indicator.. Don't forget to manage your risk/reward and trail your stops for maximum profit potential if...
The result of the NFP, gives some clue for TVC:DXY , goodluck
OMGBTC -4H CHART -Technic for getting target when trend lines break using Modern school of economic -Using the 2 most recent lows -Couldn't use first candle as it was missed but the second candle will have to do. -3:1 Risk to reward -11.33% expected gain. P.S Mostly Educational Good luck!
Take profit of triangle breakout reached, finding heavy resistance. Enter position when 2-3 candle closes below resistance. Short until Sell Zone, after Sell Zone target reached enter long position back up to resistance. First take profit is trend under current parabolic trend; second take profit is the trend below that one.
• Made a new chart for BTCUSDT as I have taken up a new technique. It seems BTCUSDT is in a bit of a rut after flat-lining around $3000 on most exchanges, it failed to break past its All time high level and was then forced back down by the bears. It has also completed it's Elliot Impulse Wave , which is followed by a correction wave ; It seems to already...
I am not in the trade yet, since thhe pattern has both characteristics, that of a bat and that of a crab. If it's a Bearish Bat, I'll be waiting for thhe break of the blue full trend and my target will be the dotted trend. But, in thhe case of a break above the Resistannce level in blue. I'm expectinnng a Bearish Crab Formation before shorting. Trade with care (...
After breaking the uptrend, a retrace to 61% is likely to happen and then it may validate the deep crab pattern and continue its downtrend. Good luck.
XAUUSD short scalp 15 momentum down Previous support/resistance level break-test Pin bar rejection Closing below low gives us momentum advance