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Massive Ascending Broadening Wedge Could be FormingThis is my very first post. Don't be too harsh on me :) I think volume in trading Bitcoin has shown us a potential followup in downward pressure. Even some institutional investors have called further downside in the coming months of the year. Looking at this chart on the Daily timeframe, there are several indicators that point to downward pressure in the mid to long term. This coupled with these two big trend lines that are essentially sandwiching the price, potentially forming an ascending broadening wedge. This is of course on algorithmic levels, as market movers and on-chain data could make anything happen. What do you guys think?
BITSTAMP:BTCUSD
by SimColm
2
Chainlink wants to MOVEChainlink has been in a downtrend from almost two years (522 days). - Chainlink is arguably one of the most undervalued altcoins, next to Litecoin - Chainlink will bridge the gap of traditional finance/banking to digital finance/banking - $LINK could go to $1000 this season - BTC.D is at a low (39%)... - Chainlink is breaking out of resistance - RSI is currently overbought so expect a slight pullback before continuation to ATHs - MACD confirmed bullish cross last week which led to this PA I fully expect link tp hit $50 in the next month. It has broke resistance, downtrend, and is currently stealing the show. Chainlink's applications make it a STRONG investment in the FUTURE of finance. IS LINK ACTING AS A LEADING INDICATOR FOR ALTCOIN SEASON? NFA. DYOR. Good Luck, - Mr Bitcoin Baron
KRAKEN:LINKUSDLong
by TheJonesPortfolio-100T
NZD CAD-H4- Riding Trend Up toward 2022Happy New Year All!!! This New Year we are starting with a new strategy (G Money), new TP range and new targets. NZD CAD H4 chart provided in the most simplistic way for your quick visual assessment and for a very easy reading by anyone. We have some opened buy positions already with a target TP 3000 pips and estimated completion are time for this trades gonna be around one month. It is just an idea to be tested and the results of success or failure we gonna see in around 4 weeks time. In the case of success, G Money makes some money! ;) Strategy has been back tested until I did run out totally dry on historical trading data. Some minor human errors still happens due lack of concentration, tirednesses. I do wish You all a very Successful trading in 2022! PS: Never trust 100% any TA, keep safeguards On, like as SL, TP , Alerts. In two words: Be smart! TA analysis are not available for a public due testing, fine tuning & adjusting stage still in the progress. It is not a financial guidance, advice or investment option. It is just an IDEA! ;)
by G-money2022
Gold-H4- Leaving 2021 & Entering 2022 Happy New Year All!!! This New Year we are starting with a new strategy (G Money), new TP range and new targets. H4 chart provided in the most simplistic way for your quick visual assessment and for easy reading by anyone. We have some open buy positions already with TP 6000+ pips and estimated completion time for this trades around one month. It is just an idea to be tested and the results of success or failure we gonna see in around 4 weeks time. In the case of success, G Money makes some money! Strategy has been back tested until I did run out totally dry on historical trading data. Some minor human errors still happens due lack of concentration, tirednesses. I do wish Successful trading to all in 2022! PS: Never trust 100% any TA, keep safeguards On, like as SL, TP , Alerts. In two words: Be smart! TA analysis are not available for a public due testing, fine tuning & adjusting stage still in the progress. It is not a financial guidance, advice or investment option. It is just an IDEA! ;)
FX:XAUUSD
by G-money2022