Seems that this index is going to take a deep breath and show us some strength. Personally i will trade this with stop loss really far away (due to volatility) so here is the strategy i am going to follow:
Open long IF today closing price is higher than 2500.
Target around 2900.
At 2900 i will start to add on shorts as i...
I am expecting one leg down still, but LTC looks to me ready to buy on the long term. There is a triangle forming on the larger timeframes and in my opinon is an asset way oversold with actual fundamentals to be used. I will not go leveraged instead i will buy on spot market.
If in the coming weeks, ltc does not reach this point, i will reasses....
I will wait this pattern to make the pullback first as it is a safer way to trade.
Short @ 0.24500
Stop loss around @ 0.26000
Target @ 0.18500
***I am not your financial advisor neither I intend to be do your own research before risking your money***
Price got out of last week's range so a potential pullback is likely to occur.
Limit long order @8300 or less
Stop loss @8000
I am looking for a possible HS's building in the weekly timeframe, but before that I would like to see a recover and weekly close at around 8700 in the following days.
I never thought I would make such statement, but I have reasons to believe that coronavirus have just triggered the new recession.
Prepare yourselves, this is gonna be painful.
Nobody likes to wake up from "the way overvalued market" but it is like it is.
You can choose whether to say in cash, buy bonds (preferably treasuries) or just...
It seems we have reached the 0.5 fib retrace from last low on the weekly chart and all is set to rebound.
-For those who say this is a cryisis hided with coronavirus, I say, unlikely. There is a hided debt crysis, but it will not explode now, first governments will use everything in their hands to expand their debts to limits where nobody could...
Seems that today BTC will finally hold the 200MA.
Reasons to believe EOS will go higher:
-Retrace of 0.618 fibbo.
-Cross between 100 and 200 MA's accelerating the price.
-Almost oversold as per RSI
-Trendline properly respected.
Long EOS @3.53USD
Potential profit 13.3%
Here is one quick strategy that could play out in the following days.
I remain bearish as a whole in the crypto market, but as always, there's good opportunities meanwhile. The reason that I think the value will pump in the near future is that every time it has crossed the triangle it has rallied before the dump + volume momentum + it seems today...
Hello dear Gamblers,
This is a risky strategy but as a risky investor, I think is good to point out that GameStop did his 3rd floor and I am able to say that I entered at a price of 4.6. Appart from that, the price is way below 100 and 200 MA and it has a lot of upside potential.
Long until 0.618 fibbo targeting 40+USD
Stop around 2.5 USD
Short strategy, the zone in yellow indicates a probable pullback, but watch carefully this yellow box, if price brakes it, FREE TARGET. The whole crypto market is in severe problems right now.
Stop short limit order: 0.26269
Stop loss: 0.35567
This is no financial advise.
This is my long term strategy for BTC. Nobody knows what will happen, I am no guru, and I know next halving could make a hype, but for the moment, this asset makes no sense, have no mass adoption and all in all, being myself a crypto supporter, this is what my analysis looks like. Nobody knows still the fair value of bitcoin, but as a long time...
Seems like we failed to brake new highs and we are heading down on the large timeframes (mpnthly).
I would stay out of BTC unless you are shorting.
The reasonable buy in would be around 6K levels.
Lines drawn are monthly (black), weekly (orange), daily (red) & hourly (red) timeframes supports and resistances.
The main picture is stilll bullish, we just need...
Here's a quick trade short term that could play out the next week. There was a huge sell off few weeks ago, so that enhances the probabilities for the pattern to play out.
- European Central Bank just whispered (not official) that the the 12th of September they will announce new measures to enhance liquidity and that a possible escenario could...
Good afternoon my beloved followers,
Here is my new analysis about BTC.
Everything is pointing a new huge and healthy pump around 3.2k price zone.
If you look carefully I have pointed all the factors that make me think that BTC could reverse shortly to upper targets. Note that we are in a clear bearish scenario and i have never been a supporter of "catching...