We're rapidly re-approaching the point from the end of the last bull run when you could just toss TA out the window. But for now, here's yet another Bear Div in the making. We're been overbought for a while so a correction should be in the cards but it's Bitcoin, so... who knows.
- @BrightGoldCrab
Watch carefully the price, if the price of EUR/USD goes above the resistance( white ) line, then you could start buying. If it hits it and you see red candles forming, then it won't keep going up, and you could short.
Basically, if goes above the resistance line and breaks it, then go bullish, otherwise you can stay bearish. Just watch carefully.
Hi everyone, I was watching this pair since too long and got some perfect trades in the past.. There are so many Reasons so buy this pair at the moment, One I showed up in this chart and other one I will post here in '' UPDATE '' Section. As you guys know I strongly follow supply and Demand zones, and almost 90% of the time the prices moves in same directions and ...
Technical:
Completion of the right shoulder
Approaching strong demand price level, we could see a potential pullback or consolidation in lower timeframes
-Short
Tp:1.16927
Fundamental:
-Weak German and Eurozone ZEW economic sentiment indexes.
-Inflation and interest rate growth
I've made some bearish setups for BTC, but it looks like its time to made bullish analysis.
We can see 2 big Triangle patterns and Fibonacci levels on chart. Measuring hight of triangle we can calculate next price.
Achieved price meets Fibonacci levels.
To confirm upward movement, price should break 5000 level, and watch close for daily RSI.
Good luck
This bad boy is still in melt uptrend for sure, but the recent Bear candle is getting more interesting.
It shows the likelihood of bear forces at play. It caused a strong wick/pin on the daily candle.
I am expecting a sell down (or) at least a pull back pretty soon.
We will need a bad news/events to trigger.
So. I am slightly Bearish right now.
Trade Safe, ...
NXS look good price is in support line and look like want go up . I recommended buy now of course use stop loss the same like in chart . First target the same how I draw .
#BCC Dumped bit hard, touching possible support levels curruntly, we have 2 scenerios right now
1- if alts succeed to make strong recovery, we could break the resistance for sure
2- if bitcoin rally has not stopped, then another bottom waiting.
Do study before going in, we have @0.120 close stop, vice versa @0.080 likely be a strong support
Hey Guys,
Today's update is going to be about the most recently Hyped coin - Lisk.
With all the great team behind the technology, we have seen a massive growth over the past couple of weeks.
As a lot of announcements and developments are lined up this year and with an amazing chart pattern showing strong upside movement, we see it rise to tremendous growth.
We ...
Hello Friends.
Just thought I would share a short term position I am trading for the time being, I am holding a small buy until 1.31 with a small stop loss below my entry area.
My overall bias for GBPUSD remains like the pictures I shared 2 months ago but I take short term positions like this whenever they present themselves.
I will post an idea of how we ...
