This month, keep it simple with BTC!
The symmetrical triangle was perfectly retested, which is a bullish indicator. However, the market is encountering resistance at the TPO point of control drawn from the start of 2021, which, if broken and held above, would likely lead to additional highs. When price was within this pattern, the 50 - 3-day Moving average served...
Hey again traders!
Happy Monday and welcome to the new trading week!
Yesterday we released a post about Bitcoin explaining what we believe is happening and how we will be trading! Today we release yet another post this time detailing our strategy for the rest of the day when it comes to Bitcoin but also provide you with a key lesson on how you should approach...
USDJPY Sell trade opportunities
USDJPY Breakout H4 support trend line and make a very strong bearish candle its very good opportunity to take a short trade here with stop loss above the support area
"Always trade with Stop Loss"
NZDUSD - This is our bullish take on the currency pair with tighter stops and take profits. Our TPs are set at 0.67420 and 0.67585, and a tight SL in place.
What we are looking to achieve here is get on the quick train of making extra money this week
You see it's on the bottom of this pattern i see as a descending channel. The reason why i see this as a buying opportunity is because it might respect this pattern and it also has two untouched zones above which it might be attracted to. In the end of the day it might touch the upper line and continue down with its pattern or it might break above and continue up...
We've just opened a LONG position on $BBY using 5.38% of our equity.
Best Buy's (NYSE:BBY) latest earnings report delivered better-than-expected results and signaled that the company’s business remains remarkably strong across all segments. It was expected to spark investors’ interest considering the fact that we usually see an increased...
Basic Attention Token (BAT)
We published our initial BULLISH analysis on BAT on Nov. 2nd when the price was sitting at $1.04 per coin. We made the call that BAT will be moving towards the $2 level before the end of the year and surely enough BAT hit its new all time high at $1.98 on November 28th less than a month later. Our followers managed...
Here i see a pattern i guess you can call expanding rising wedge. You can see a regular divergence with the rsi indicator, that's a sign of selling pressure.
A good place to place entry would be between 0.74788 and 0.74818 in my opinion.
I think this pair will continue up because it broke structure on daily timeframe. Higher the timeframe, greater is confirmation. I will look for buys at support because thats where it will be most likely to continue up if it will.
Currently GBP/USD has been following a wave pattern. This could be a potential break of the structure. This is going to go either 2 ways. Number 1: It could continue on a downtrend and go down in waves to where the initial waves started around 1.37751, OR it could possibly go for a fourth rejection to about 1.39915 to the top of the initial wave.
Let me know what...
As I am a believer in the Polkadot ecosystem and I have positions in this beautiful asset I will give my opinion here on the USDT chart.
What I see on the Daily chart for the price coming closer to resistance is not how you would like to see the price action fighting resistance..
Small real bodies with wicks on both sides not with a...
Greetings from Amsterdam.. Woke up this morning opening Tradingview and got my mind blow up with all these GREEN numbers on crypto..
Everybody happy again.. Control your emotions these days and try to look critical to the charts as you always do and really ask yourself what you see while looking at the charts.
Well yesterday I posted...
This is the price of Dogecoin after the tweet of Elon Musk on Twitter. Has his manipulation of prices stopped working???
Well definitely you don't want to see prices fight resistance like Doge is doing now. Small candles, small bodies and long wicks. that says indecision. Market has lost direction. So it can go either way.
But if you look closely, 4...