We broke through the down trendline within the channel, which could mean we will be visiting the resistance at ~130B, that's an important one as it's the upper limit of the channel of the long term log downtrend we find outselves into
Zoom out to the Daily for more context
I'm no pro, just an amateur observing... I hope you find this useful. I've been in crypto...
The EURUSD has moved to the very end of Gann’s final inner year cycle, the year cycle (360-365 days). This extends from the 2018 swing high on Feb 16th, 2018 to February 18th, 2019. Just below at 1.1224 is the 3/8th Major Harmonic, which represents the lower trading range between 3/8th Major Harmonic and the 5/8th Major Harmonic at 1.3186.
But those price levels...
HELLO TRADERS, CONGRATS ON LAST SELL HEAVY SIGNAL.
USDJPY IS one of the hardest pairs to analysis. WHY?
THIS IS THE TWO SAFE HEAVEN CURRENCIES, PEOPLE TRUST THE DOLLAR AND JPY AS WELL... TWO RESPECTFUL ECONOMICS, AND CENTRAL BANKS AND PEOPLE AS WELL.
WHY USDJPY GO UP?
1. IF USA-CHINA GOOD TRADE DEAL COMPLETED.
2. USD INDEX UP.
4. JPN225 UP.
1. We ignored phase line at 5700
2. Bounce off 200 week MA
3. Death cross is at 6k
4. After 6k, we resume bear market at an even unbelievably faster dump on world record speed, beating the previous 6k breakdown by a large margin
5. Next phase line at 2300 currently
6. 300 week MA also around 2300
7. I personally dont think we will go to 2300. More like 3000. 1800...
After exactly one day of action, BTC wants to make you fall asleep again. I think we won't see a fast climb to 5000, that scenario is for me completely off the table. Instead, the new bullflag will probably break to
the upside at some point, and then BTC will bore us to death by rising very slowly upwards, towards a maximum of 4600.
It wants to rise slowly, so...
Hi folks, this is my first time posting an idea/"short" analysis publicly, hope you'll enjoy it
This is the chart from SP500, I mirrored 2007 financial crisis structure, unedited, raw and pure, pasted it below our chart, checked the fractals/similarity, and it's deadly alike.
With the somewhat positive sentiment from OPEC...
Strong Bear pressure (again) as price reached the trend line I was talking about (see the related idea). Clearly, market participants have spotted this trend line. I can't wait to see what will happen if we price breaks it.
I'm putting all bets on BINANCE:ETHBTC for at least a double in your return. A look at BINANCE:ETHBTC shows us that ETH bounced at known support created a uptrend then retraced shortly with a double bottom and now is in a Wave pattern. I believe we are about to wave up and it will generate some nice returns. ETH is always a safe bet regardless because we already...
If we zoom in on the top of the trend, we are going to notice that the volume traded decreases as it goes higher (In fact, bearish candles have more volume).
We see a bearish engulfing candle right in the top of the trend which is a very strong reversal pattern. Price already reached the weekly trend-line (green) and it couldn't stay longer than 3 hours to...
The decreasing trend line accurately portrays GBPUSD weakness, traders are waiting for headline UK Q4 2018 GDP figures to register a lot of moves. Currently, 1.2890 becomes immediate support for the pair, breaking which 1.2850 and an upward slanting trend at 1.2825 seem important to watch. If the pair drops below 1.2825, the 1.2810 can offer an intermediate stop...
Classic Bullish Flag pattern for Bitcoin (BTC) with a nice leg and accumulation zone, if Bitcoin will respect it, it will do the right thing and go up, but as we know, Bitcoin does not respect anything and we can see another Bart Head pattern.
MACD is turning to bearish, RSI is overbought, but Stochastic RSI is going step by step to an uptrend, so who should we...