Welcome back guys,
Fundamentals are at ATH on Bitcoin,
The technicals I see is we are on a CLEAR uptrend, if you're shorting or waiting I consider taking a look at these technicals first:
1st: Trendline broken and retested yesteday making a bullish hammer on the daily timefrime, which seems to be printing another one today adding more rejection to the...
Confluence for this trade:
-Trading above 50EMA 4H
-Fibbonachi level of previous leg
-Trendline not broken
Money trees doesn't work for crypto...
China is smart
Cheers for a good week!
Welcome back traders,
This could be an opportunity for the breakout traders if Bitcoin is to break the 8.2k level
Consider the following fundamentals as more reasons for smart money to be joining for the long run:
1.BTC is recently confirmed 0 beta asset
3.Hashrate continue to increase (currently at ATH)
4.Inactive addresses parabolic...
Welcome to another review,
Last 8h candle very bearish
At the moment we're trying to break it, what could be another false breakout leading to ferther bearish implications
Targets low's of fib levels
Rejection of trendline
Let me know what you think
Follow and like for more!
Shorting USD/JPY for the following reasons:
Prices trading below monthly fib levels of the swing (we're in a huge triangle)
Prices trading below weekly MA200
Prices tried pushing up today, failing to break the RED rectangle of resintance.
Failed to break the trendline
Fractals not pointed a LOW in the Weekly timeframe.
What do you think?
Welcome back! Daily analysis on bitcoin, with a very bullish move to the upside due to recent Iran retaliation in Iraq launching missiles at an American base, Bitcoin and Gold have risen dramatically on the past hour.
Daily candle above previous area of resistance (7800$)
Major bullish indicators (MA, RSI, MACD) with plenty of room to the upside
Welcome to my analysis, this is my FIRST FX market analysis, so stay tuned for many more to come!
Shorting USD/JPY for the following confluences:
-We're trading under the 38.2% of the downward leg retracement level on higher timeframe.
-Broken out of the support trendline with momentum below 109.
-Strong Yen week.
So this is my analysis for...
This is my first analysis of many, so if you like it please drop a like and a follow, much appreciated.
Without further do, let's analyse this Bitcoin daily chart , I am short on Bitcoin in the time of writing, for these technical reasons:
1st: Recent DEATH CROSS
2nd: Prices are below 61.8% Fibonacci (approx. 7356$) * if today closes below, it's very...