The target of the double top is complete, but the trend line don't be broken with big volumen i think that we going continues down at 4k in the few days
Ola. Ainda não podemos deixar por completo o pessimismo. Estamos num ponto que considero critico. Caso o preço não consiga ultrapassar os 9500 é provável que o preço continue a tendencia de baixa. Nesse caso pode ir para o abismo ou ficar na região de suporte (retângulo vermelho), que é o que muitos estão esperando. A força vendedora ainda tem bastante força. Os...
I've come around to the idea that President Chump is a total disaster, and it's gonna really hurt before the end. I'm usually pure TA but it's getting hard to ignore:(
Hello traders, We have this week CPI ready to shake markets and hopefully taking EURUSD out of this period of acumulation/distribution we are in. Price action is forming a bullish flag and wichever the side the breakout happens it will be a big move given the time we have been loading in this zone. I can't tell you that this is the right side, but I tell you...
Double Top pattern on the the 30M timeframe, this is a short duration trade.
BTC has a very strong support for the green from July 2017, but even better support for the blue color from March 2017! But since we do not yet get a SMII and MACD signal for a bullish reversal, it is possible further correction to the March support 5100-5000$
Hello traders, next week it's inflation releases week, all markets are on waiting mode until this data comes out. The world has started to look at bonds and bonds yields, and it's moving via inflation right now. Commodities are an asset class that performs very well on inflationary periods(the last part of the economic cycle) and Australia is a very important...
Hello, we have a very nice opportunity in Gold, next week CPI numbers will shake markets and the expectations are to confirm increasing inflation. Inflation is right now the only thing that matters as it's making bond yields to climb and SPX to crash. This means money is in risk-on mode plus inflation is picking up, so it's moving to assets that can protect value...
Dear trading friends, Monero chart have formed a double top pattern on the 1H candle chart : * High volume entry 02th March * Double top at 32898 * Pullback at 30317 While the coin has been quite bullish since March 01th, the bullish trendline was broken (at least briefly). I see a shorting opportunity here in case the double top pattern completes. With...
Bitcoin is currently at a critical juncture. These next 2 weeks could decide its fate for 2018.
Well,has been tough these last two days. After I have been shorting Euro like crazy it rose more than one figure. That hurts!!!! But I still stick to the fact that we have a major top and remain short. I post the weekly chart and that blue line you see comes from the Monthly chart and I pulled it from the very top. It is the secular downtrend line. My point is...
MACD crossover about to start, a sign of reversal, bearish. Lower low highs. Equal lows.
Whats up? Welcome to this consistent update analysis on Bitcoin based on our beautiful Fibonacci Retractment Levels. Looking at the 4hr chart we see a consistent Fibonacci Levels, you can see BTC appear to love 0.236 fib, 0.5 fib, 0.786 fib. Additional rules of trend line (pink, dotted red, dotted blue, dotted red) act as a Support and Resistance and will nullify...
Whats up? Welcome to this consistent update analysis on Bitcoin 0.73% based on our beautiful Fibonacci Levels. Looking at the 4hr chart we see a consistent Fibonacci Levels, you can see BTC 0.73% appear to retract to 0.5 fib consistently. It is also unwise to decide a Top or Bottom when the Volume is below Volume Average as some of you may call for reversal...
We ended the last 4 hour candle with a green bullish spinning top doji, which is typically indicative of a bullish reversal...so far the follow up candle has been acting bullish..it will need a little volume swell to really validate the spinning top but being that it occurred after a long downtrend close to where we are already anticipating the bottom of the...
Small pullback to a possible 9,500 and (if possible) 9,000 levels.
1) Price touched the big falling trendline 2)Price formed a Double Top right at this Trendline 3)RSI confiming a Divergence and indicating that price might go short here I just want to see a break n close through the light blue s/r zone here . I have enough confirmation by the 3 points above for a short now i just need this last push down breaking the structure...