Are you a bull or a bear? It doesn't matter much here to be honest. This one isn't hard. The resistance and support areas for BTC are obvious. Are you a bull and you think BTC is going back to 20k and than 50k or maybe up to 250k? Maybe someday it will... But even if BTC found it's bottom and we are now in uptrend it's just very unlikely for the price to sky...
buy: 7000-7300 sats sell: target 1: 7754 sats target 2: 7863 sats target 3: 8038 sata stoploss: 6838 sats tipbox: 17BUPYGRFqknHUSKTQAmNRrDKsMyH29rvZ - BCH GTeHWtQaQAGeeEkW5gtgSPaWnMZmyQrUdR - BTG 1.34% 1.34% -4.72% 2.25% XmXxWSgRqa4ZzzQUbWQnsAfxA1RGPScqZN - DASH 0xB62e34A9C3090Bb442a60C3f5d6Df72Db0341143 -ETH Good Luck,
Hello guys, A very nice LT channel has been formed, remember a channel has to be "envisioned" which represents the best fit for the price movements. Therefore, drawing chart patters is quite an art. Conservative set up: -A higher high has been formed, almost a higher low, we want to wait the breakout of that higher high to be sure the trend has reversed. It is...
The TRade is going our way, raised stop loss to lock in 30 pips targeting 1.084
Confide for PRICE BREAKOUT Buy above : 123.990 Sell below : 123.546
Envisage for PRICE BREAKOUT. Buy above : 0.72585 Sell below : 0.72310
Looking at the price action, this is the most likely move.
Behold for PRICE BREAKOUT. Buy above : 1.01919 Sell below : 1.01369
The price has dropped to long and short term important support. Indicators show an accelerating momentum downwards. Target is yearly resistance turned support
A few things to notice about this chart. 1. Price bounces down from 100 MA. Before November it was bouncing above from it. This line is key. 2. MACD shows price doesn't have a direction and has been consolidating since December. When the market decides EUR is going up or down, large orders will be placed in that direction. 3. There have been a serious of breaks...
The break below the upward trending line is good enough of a signal to enter into a short position, however if you add to this a fall into the channel from overbought levels, plus a possible impending MACD crossover, you have a very good selling signal. The best time to enter might be once the price falls below 0.76.
Here is an upside down head and shoulders forming. Potential issue with this is crossed over MACD. I'd like to have a few more days to see if there is any further upwards momentum. Target is the 100 MA that the price bounced off earlier last year.
Looks like there might be a declining double tap on the MACD line. This from my experience is very bearish. Where you have a declining line, there is almost a crossover, but only touches it instead and keeps falling. The opposite is true as well. CCI also shows falling price below channel. This is also bearish if it breaks below. In any case, target the 1.05...
Profit targe is 1.45 Stop loss 1.52 EUR/CAD is trading at top of range with resistance between 1.52 and 1.55. This is where the CAD is oversold at the present moment. Linear regression on both the 100 and 200 period tells me that the price has room to fall to about 1.45 to 1.40. On a fundamental basis, CAD will be threatened by the price of oil drop but I fail...
Envisage for PRICE BREAKOUT. Buy above : 0.72585 Sell below : 0.72310