We broke-out the 3rd of October, i see this pair going up, target max is 2.09. It's a bit late and risk-reward is not that good. You can still wait for a retracement and buy the 0.38 Fibo with a close stop (If it retrace before Wave 5 targets obviously)
Good luck to all
The Federal Reserve should deliver a rate hike in December, after raising rates in September . Currently, the likelihood of a December rise is pegged at 80%, says CME Group. The Fed is expected to raise rates three more times in 2019. It pressure on the Bank of Canada to follow suit and also raise interest rates.
As usual the charts told us that way before it...
Correction after corrections, the market has stayed in the same trend over the past three months. Over the past 24 hours, Bitcoin 2.88% has recorded a slight increase in value, rising by 2.5 percent to $6,450. The other cryptos, which experienced extreme volatility throughout September, showed intensified movements on the upside.
The cryptocurrency market has...
No more lambo for ETH hodlers says Vitalik. Chart analysis said it long time ago but Vitalik is a well-known Guru for crypto hodlers. I see a technical short term retracement and an accelerated decline, probably the last one before a long and boring accumulation period. Target 1 and highly probable are fibonacci extension . Entry is 0.38 Fibo Retracement, you...
We have fundamental context, oscillators are divergent, BTC about to make a move and risk/reward is godlike. If the candle close like this i take the trade.
This is the most bullish alt so it's my pick for a long.
TP at 100 and 120 are mandatory.
This is the way you should trade, no matter the side you are. Notice that you can even take both sides and still be profitable, even though i don't recommand it for fee cost reasons.
What you could do eventually is edging yourself : have a 75% bear position and 25% bull. depending on your uncertainty in this scenario.
Defining Support Resistances, Stops and Take...
Clear Pump and Dump, Chinese Broker pumping the price while BFX is arbitraging. We have what seems to be a Pivot. Risk/Reward is GODLIKE, probability of success is great. i take the trade with SL one pip above ATH.
The best trade would be when we break the 2.15$ but i doubt BFX will have enough liquidity to allow that.
TP1 is 1.35$ probably 75% of the position,...
1 : Dessiner les Niveaux clés et la Tendance.
(a) Trend and Supports/Resistances Majeures. (12-16x timeframe)
(b) Trend et Support/Resistance on shorter term(6 or 8 time short). Draw the most recurrent Fibonaccis retracements or/and extensions.
(c) Check Action Price on your trading timeframe. Draw short-term fibos.
2: Find a Signal
Only valid on KEY LEVEL....