I know that the green support level will be broken as the price has been hugging it pretty closely latetly. Our MACD and RSI might just be the momentum it will need for that to occur. So here it is SHORT on AUDUSD
ZRXUSD will probably be mimicking the momentum of BTCUSD. A lot of altcoins can not be predicted without taking an in depth look at BTC's price movements and analysis. In my last post I mentioned why we are going to be going long so please check out that post!
Good news for all you believers in cryptocurrency! If you have been following zrxusd or btcusd you would know that technical analysis is starting to indicate a movement in the upward direction! Todays price movement was really bullish almost exactly consistent with the low RSI and rounding of our MACD! So my prediction, which is also displayed on the graph, calls...
Alright so 0x has been following a prettty easy pattern for trading. It has been respecting supports and resistance almost religiously. RSI and MACD are corresponding with a rejection off of the resistance STILL consistent with the bear market we are seeing right now! SHORT SHORT SHORT and good luck traders
ETCUSD buy on the 30 min chart! RSI is low and our MACD is rounding out! Also we have a green pip!
Alright guys, EURUSD tanked really hard over night but thank the lord that I had my SL! I managed to get about 15 pips from the previous trade. Im sad that I wasnt able to capitalize on the SHORT potential as it was about 60 or so pips. For this next trade here are the criteria! 1. MACD Rounds off 2. RSI is low 3. We find an established price action support. 4....
Alright so far my position in AUDUSD is going great. I believe just like with EURUSD that we will be seeing a weaker USD in the next coming month as Trump alienates the USA from the world. So LONG LONG LONG. We had a higher low and are looking to make a higher high! RSI and MACD also indicate a long as well.
Alright, this trade will probably be one of the easier ones. USDCAD has hit the resistance and bounced off. RSI and MACD show a reversal. SHORT SHORT SHORT. USD will likely be going down in price and/or strength compared to JPY mainly because of the potential impact of Trumps news on the UN and the chinese trade war.
So I think we may have established the fact that EURUSD is determined to follow a bull month. If we can break this correction and beat the monthly high we will be seeing LONGS for the rest of the year. My trades so far have been 4/4 on EURUSD with over 200+ pips. Some of the other traders ive seen have been getting almost everything wrong mainly because they...
Alright, I have found somewhat success with stocks, but here is a major prediction for AAPL and the market for tomorrow. We saw a major decline today and it will only be natural for a small correction by now. The reason I believe this will occur is AAPL being the driving force. Price action is indicating a small to large scale bounce!
Now if you kept up with my post from last week, I foretold a drop in EURUSD. Thanks to some great tech analysis we managed to walk away with over 100+ pips total! I got in and out of the trade a few times where I saw smaller corrections and overall the operation was great! Alright so for this setup. I am seeing a potential hold of price and or increase. Price...
Alright guys. So just like chainlike XRP is another one of those coins that has been ignoring BTC price movement and that is a very good thing. XRP has found much institutional support lately and I believe will be adopted by Coinbase soon. I am bullish on this coin as it has been relatively stable and has been increasing lately even with BTC demoralizing price...
If you dont know anything about Chainlink, than you probably aren't REALLY familiar with the Crypto atmosphere. Chainlink has vastly outperformed BTC and ALL altcoins. Nearly doubling during the time BTC has been stagnant. It has been hit hard recently with the major drop in BTC price and the overall market drop, But it remains strong mainly because of its...
Expect a corrective move in Bitcoins price, but I still foresee a bearish future for the coin. A good sign however is that some altcoins are actually mimicking BTC a little less. I think this is healthy for the crypto market, and I have always believed that Bitcoins demise will leade to the growth of the Crypto market and altcoins overall. RSI and MACD are low,...
So for USDCHF, I believe we will be seeing a reversal of price in the beginiing of the week. So here is the criteria for this trade setup! 1. We already have our red daily pip confirmation 2. RSI has already rouded off 3. MACD has already rounded off 4. Price action resistance has been respected. 5. RSI and MACD are relatively high. This trade is without a...
RSI and MACD support will be a very key level for the succes of this trade setup, that support is shown in green. Now if we get a green pip near the price action support we will be placing a buy. If this does play out it will be likely that we will hold until we create a higher high!
Alright guys, If you have noticed price amongst all EURO pairs they are all near resistance levels (price action) indicating a few drops amongst the pairs, but not all of them. I decided to look at the EXY, which is an index of the EURO currency to decide the next major EURO move. Im going to trade EURUSD in accordance to what I am seeing with the EXY. EURUSD Im...