Short between 1.41 and 1.42
Tp between: 1.27 and 1.2
14% drop from 1.41 to 1.27, without any leverage.
On the 1D chart, there is a Correction pattern forming, if 1.42 is not breached, and i mean a full candle body, not a wick..
Then its in bull.
Short high with tight stoploss, scale into the trade in increments etc.
Hi, I believe Bitcoin will drop to as low as the $11,000 region, and prop itself back up to retest previous all time high.
There is a chance is recovers at $20,000 or something higher than the $10,000 - $15,000 region, if demand takes over.
I've seen quite a few people doing analysis on USD/CAD on the 4 hour charts etc
Just my 2 pence.
Read chart and assess what is happening. Remember, this is a long-term bearish instrument
Also: I am looking into this instrument on the Weekly timeframe, and have spotted a very promising trend reversal.
Could possibly place an options trade on this (Call - going...
If you can hear me, great!
I am highliting that there is a decent amount of correlation going on with XRP and XLM, in comparison with BTC.
As of recent, the correlation seems to have swayed to negative correlation.
Remember, one coin is based on decentralization, and the other/s are based on the polar opposite, on the side of banks...
I see a reversal taking place, against a bearish long-term trend.
TP 1 will possibly hit.
TP 2 will take a long, long time to hit
TP 3, I honestly think, will not hit for at least 5 years or something.
If you are a short term trader, take profits at the Red Resistance line at $18.55.
If you manage to catch a long at $8.09 and take profits at $18.55, you...
Long term buy position, looks like this stock will recover when travel disruptions come to an end, fundamentally speaking.
From a Technical perspective, the stock is just.. cheap.
This comes under a "value invest" category for investing, in the short - mid term.
Yes I know Supreme over-lord Buffett dumped this stock a while back, doesn't mean it still won't...
Depends on SEC news, but I'm bullish, I believe people will be stockpiling XRP before the pre-trial with SEC on 22nd February 2021.
Depending on the news, it will be a likely pivot point as to where the future price ends up, the technicals look to be bullish, with a rounding base-line support curve on the monthly time-scale, showing general price stability over...
Plus 500 Stock - Short. ( London Stock Exchange listed)
Careful as this is an AIM share and carries a higher risk than normal financial instruments due to low market-cap and (I believe) lower liquidity (more volatility- this is dangerous-)
Why go short?
Because European legislation is lowering down Leveraging capabilities for Traders from 300:1 buying power to...
Hello, The chart explains everything.
Before you reach higher TP's like $7500-10,000 per bitcoin, you need to go down, before you go up.
Also remember, the Chinese shut down of exchanges is a rumour as of now.
I don't trade crypto-currencies myself, But this could be a moderate price correction.
Short Bitcoin to $2800-3500.
- Divit -
P.S: If you see an inverse...