this play may take week or two, and this is not short advice. important levels to watch are 42K, 37.5k, expecting bounce from 37K to mid forties.
if you are XLM fan and potential buyer, patient is the key in crypto world. As you know alts are depend on btc movement, these days btc is in downtrend so becareful on your alts entries. all of this scenario depend on btc, but I would not buy anything unless we break new monthly low. buy targets are: 25c 19c
$tel has great potential and it is one of the top alts im interested in, you gotta be smart buy low sell high. targets to fill bags are: below 0.009 to 0.005 stop loss 0.003
advice for day traders: the market is in downtrend, you dont need to buy and hlod for long term. you need to buy at bottom and sell with %10 or %20. $xyo will pump %20 at any new low low and that is the chance you need to take advantage of. buy xyo at 0.03 sell at 0.035
as predicted in earlier post btc successfully hit all 60% of the targets at 42k. now btc is hovering around 48k but you should expect another drop coming days.
watch out for Monday stock market movements, the bad news of the new corona virus spread will definitely hit the S&P 500. I expect BTC to nose dive below 50k. I strongly believe we still are in bull market, this is downtrend is just correction and reaction to the ongoing events.
this is not signal but patient is the key. perfect buy area is 0.04, sl should be at 0.038 sell at 0.06
AMPUSD is not looking promising, with the bitcoin bearish trend, AMP next destination is 0,04. 0.04 is strong weekly support.
things getting out of control, if the corona graph is not flattened the coming three weeks the economy will be hit hard and it will take years to recover.
"""this is not financial advice"""" We are in very difficult time, the economy is at risk due to the lockdown and the huge unemployment numbers. The administration trying to motivate the market but bears are already in control. No one knows the bottom but the coming days we may see horrible horrible red charts. the next stop for nasdaq is 6570 if we break it we...
eurchf is long entry 1.06640 TP is 1.07400
Bitcoin just broken 20 ma on the daily chart, next move is down to 200 ma entry 9600 tp 9200 thank me later
dollar is strong while euro is not doing well so this week we may see october 2019's low, target is 1.0900 or lower
USDCAD is on the ceiling prices are expected to fall to 1.31
Don't be fooled to buy bitcoin and hold it at this price, buy for short term and then short the hell of the btc. 11.5k is very strong resistance area it is very difficult for price to penetrate and hold above it, so many whales will dump their btc. Don't listen to media usually they cover at the peak, the hype they create will make you loss your hard earned money(...