I believe we will hit around 14.5k - 15k after todays drop (12.8K), then we could go to 61.8% fib level (10950 USD) which will serve as a new support at which if it holds we will most likely see sharp move up (and consider this to be end of correction phase).
Some volume has entered back to the market but not enough. Following the long downward wicks on the hourlys predict next drop to 12800 support. Bearish trend continues for at least another 48 hours.
buying this short squeeze, nice Adam and eve bottom. Neo is a really good chain, I see tons of potential. This is a typical outbreak pattern. I think neo breaks resistance at 31k with the momentum of this pattern.
I'm looking at a Bearish Cypher Pattern on FOREXCOM:AUDCAD , which after weeks of watching and waiting has just completed today on the Daily Charts. This is a short term play so we can anticipate a week or more to targets if the pattern plays out as anticipated.
Having been in consolidation since September, price action broke to the downside support of the...
GBP USD buy in short term period, the the price reached 1.3455 and don`t break it, we can go on short, but now I see potential make some pips.
Follow the money management and you will be king of top.
I love trading. Everyone sees the chart differently, yet the same thing is displayed to everybody. One method may work for one person and not for another. Why is that you may ask? It is because we are all different. Sounds simple? Yet there are a lot more to that statement. Trading, is simple, if you think about it. There are only 3 pathways it can go; up, down,...
Etp just broke out of his main downtrend. Filled a good bad a lower levels already, If we get into the confirmation zone, the adam and eve bottom would be confirmed and we would be above ichi, from there we fly.
Look like a great setup for a short term trade. This coin is cheap and will be easily pumped to these resistance area. In this market you typically see this setup everywhere. It is just a matter of waiting. What are your thoughts?
Trade with care.
It looks to me we could have head & shoulders on BTCUSD. Volumes are now pretty low, market is slow, but maybe it could be interesting to do some short-term short trade. Im happy to hear your opinions.
Of course in mid and long term Im bullish on BTC.
Probably it has repeated the same pattern from the dates on the chart, it has reached its final target X 10 .. from 1300 to 13000, from August to December.
Previously we saw Trend Continuation Hint in form of Hidden Bullish Divergence.
N Wave is completed and By this week completion if Top is not breached then it will be a Bull Fractal formation.
We might see Some Drop from here on since already N Wave is completed.
Next Rally will be resumed once Stock breaches This Bull Fractal that stock forms.
Conservative...
Hey traders! This time I present you my NZDJPY analysis. As you can see, NZDJPY is currently inside of a bearish tendency, accompanied by a volume decreasement, so we can wait that NZDJPY will keep going down for a while.
Sell: You can wait for price to touch red line again, or sell now.
My TakeProfit: 76.415
If you find this analysis helpful, don´t forget to...
Stratis is looking very good at the moment. There is a nice potential U pattern forming.
Should STRAT break the current resistance (thin red line) then the trend reversal is pretty much confirmed.
A buy order can be set at the designated area. A stop loss should be set at the designated area as the trend reversal is everything but confirmed for now.
If it breaks...
