CAPITAL_Trading

CAPITAL_Trading Updated 

Lately whenever we thought EUR is doomed it pulled itself back up. We are facing support one more time now and we are looking to see if we are going to break it or not. If we do end up breaking the trendline, we will be waiting for nice corrective move to retest the broken trendline and execute short trade towards demand area at around 1.06500. DXY is currently...

CAPITAL_Trading Updated 

Here's our outlook for GBPUSD pair. It has been under bearish pressure for quite a while creating lower highs. We are currently at support, waiting for a nice break and a corrective retest within some bearish pattern to take the Cable short. Once appropriate setup is found, we will update this idea.

CAPITAL_Trading Updated 

We might be wrong with this one, but it seems likely. However, BTC likes to do the unthinkable so be very carefull. Our bearish case for BTC touching $7.5k area is based on : - Heavy resistance line from 2017. - 61.8% Fibb Retracement (Golden Ratio) from 13k to 3k drop - Huge supply area at around $10.000 (round number) - Hype around halving event, where most...

CAPITAL_Trading Updated 

Here we will share one simple analysis of basic market structure and price action. BTC has made an impulse down from $13.8k to $6.3k then made a corrective move to around $10.5k and then when it broke swing low it made another impusle down to $3.8k. We are expecting the same scenario here, and we are very likely to see another impulse down as this rally is as of...

CAPITAL_Trading

Hello again, After having some break from posting as our analysis went on as we wanted it to, we are back with one more longer term setup. At the moment we see BTC going down one more time below $6k mark, to retest one VERY important zone along with 76.8% Fibb retracement of last year's pump. We entered short position couple of days ago and it's going well so...

CAPITAL_Trading Updated 

Hello everyone, Welcome to another analysis. Today, we're taking a look at Ethereum and we will break it down completely. Recent PA & Current Price Recently we have seen drop in Crypto Market Cap and in BTC as well. Meanwhile BTC dominance grew to 70%, so alts have melted and seen the drop. ETH was no exception, so we went directly to the support levels. At...

CAPITAL_Trading Updated 

If you remember our last idea about BTC, we saw a pullback towards 78.6% Fib retracement and went short for a handfull of pips. We have again really similar setup ongoing with price touching 78.6% and going down + supportive trendline break and we could see the price dropping further and even below recent lows around $9k ish. At this moment it is important to...

CAPITAL_Trading Updated 

After a strong push downwards, and a weekly closing in red (2 weeks ago) from the tops, we're now completing the pullback towards shorting areas. 76.8% pullback area which is just below $13.000 is extremely good zone for shorting, we are also highlighting $13.350 zone as a possible wick zone where people are trapped into going long, might not happen but keep an...

CAPITAL_Trading Updated 

On this chart we are looking at volume comparison between USD and USDT (blue is USD - red is USDT). Look how USDT overcame USD in volume and as a long term participant in Crypto market this is something I don't really like. To me it seems that we are seeing USDT driven price pump that will push the price as high as possible before Bakkt Futures go live in couple...

CAPITAL_Trading Updated 

So we can see that XRP is trading inside a triangle for quite a while now and it's tightening. After a long consolidation like this when Trenline is broken we usually see explosive moves. Those are 2 possible scenarios for XRP now, both giving us 25ish % moves, either to the upside or to the downside. My bias is bit tilted more to the downside as we had 5 TCPs...

CAPITAL_Trading Updated 

First of all, don't get me wrong - I am a VERY long time HODLer, bought BTC for the first time in October 2015 for 245$ each. However I am also a market trader and I can spot some things in the chart, one of those things are divergence & convergence. Back in November 2018 I spotted convergence in BTC price and RSI and was pretty sure we're about to go up. Market...

CAPITAL_Trading

The whole yellowish area on the chart is clearly representing the resistance at this point in time. We have seen huge movements to the downside twice already, first time on May 17th, and second time on May 22nd. To me, this indicates that bears are taking over the control of the market. With bulls realizing the situation, they are trying to push the price up one...

CAPITAL_Trading

Bitcoin smashed through every market & psychological resistance area earlier this week and then was capped around 8.2k mark. For me that was a clear sign of manipulation, where retail traders entered long positions on break of every resistance area, but big players sort of planned this in advance to create FOMO and get people in. Now we see selling pressure...

CAPITAL_Trading

This is the view we have on GOLD (XAUUSD) at the moment. Bearish bias is confirmed by break of LONG TERM ascending Trendline and push from the supply zone. On Weekly TF 3 weeks ago we had a strong Bearish engulfing candle that is suggesting that institutions are pushing the price down. However it is likely that we will see one more retest of the zone so all the...

CAPITAL_Trading

As you can see on the chart, 1.12950 zone was support for the pair for the last month, now EURUSD is testing that zone after braking it strongly (due to dovish ECB news). If H4 canlde manages to stay below 1.12950 before closing, we could short the pair all the way down to the lows of 1.11800 Good luck :)

CAPITAL_Trading

It is mid-week, but we bring you weekly outlook for this and maybe next week. Here on the chart we see consolidation after a strong bullish move, supported by world economic uncertanties. We also see that we have a triangle pattern which needs to be broken to show us the direction. In the triangle we see 2 possible trading opportunities 1. LONG - Price was...

CAPITAL_Trading Updated 

EU is still trading below 1.1435-50 key resistance level. As long as this zone is not broken and confirmed broken (by retest) we can not be sure that pair is back in bullish momentum. This is why we call this zone possible short zone for short term movements (if Mid-Term Elections favor Trump & we can find hint of another FEDs hike in December at this weeks...

CAPITAL_Trading

This pair has a bullish outlook overall, but it is overextended and overbought a since the start of the month. ATM we see the pair hitting resistance TrendLine on Daily chart + HUGE divergence on H1 chart which indicates short-term pullback to previously broken resistance which is perfectly aligned with Daily 50 EMA. Moreover, this area needs to be retested in...