I dont see 100k happening quite this quickly, but interesting 'possible' fractal from January month end options expiry
probably chances for you leverage trades, entry points with one sell point in between
I am thinking about something like this again.
Strictly price action indicators. Bitcoin is in the midst of a full on bull cycle. Don't short BTC. Expect a more than likely touch of the 21 EMA, and a possible touch of the 50 EMA. Don't expect anything below $42k unless you are expecting a big correction. I don't think it needs one here. The most bullish outlook has Bitcoin retesting that upper trend line...
Resistance has clearly been broken. After the weekly rally a pullback is normal, so the real question is whether this resistance can become support and if we can accumulate enough power to continue reaching towards the new all time highs. In my opinion, yes - people that got burned in the previous rally towards 42k and entered too late will have their chance at...
Hello Traders, we noticed a very clear Head and Shoulder of inversion on the EURGBP. Trading volumes slightly decreasing also confirm the bullish exhaustion and the bearish scenario becoming more likely. The 0.886 level, which is the neckline of the H&S is now being broken. We would wait a more wide movement to the downside to reduce at minimum the risk of...
This chart shows another shorting opportunity for the Swiss Franc, with respect to the British Pound. It is a longer trade than the previous one as the timeframe is daily. There are also two different targets and strategies that can be applied, depending on how much time you can wait for the realization of the scenario. We see a very nice confluence of...
Hello Traders, we signal a nice Head & Shoulder of continuation of the trend up for NZDCHF. The target for the pattern is 0.65. An aggressive entry would consist in entering now, at the retest of the horizontal line which correspond to the previous top. A more conservative approach would be to wait for the retest of the neckline of the Head & Shoulder. This...
Historically the weekly EMA 20 has proven itself to be a good place to buy bitcoin in bullruns. Will the WEEKLY EMA 20 serve us again in revealing the bottom? Find out in the next episode of Bitcoin to the moon. (Note: W EMA 20 will be around a price point of 20-25k)
Hello Traders and welcome to the first idea of 2021. As usual, the first days and weeks of the year are poor of big movements. However, we noticed this nice signal from XAU. The trend is bearish and the price fell below the 200 Moving Average daily once again (1841). We also are below the lowest retracement level of the last leg up (1838), which seems just as a...
Bitcoin is starting to develop a pattern of a small bubble that could set us back to $20k then continue its climb up to $100k. Please comment your thoughts!
check out da excerpt straight from TV news feed: Troops rescued trapped drivers from their vehicles on Saturday as heavy snowfall from Storm Filomena caused travel chaos across Spain and Madrid airport remained closed. "Owing to the forecast of snow and for security, Madrid Barajas airport will remain closed throughout Saturday," Aena BME:AENA , which controls...
Hello Traders, USDJPY seems to continue its downtrend. At the moment the price is below the psychological level of 104 and, most importantly, below the POC (point of control) which shows where the "battle" between buyers and sellers has been played with respect to the last movement. Battle that was A very important signal is also given by the fact that none of...
Hello Traders, one of the few currency pairs not ranging within a channel at the moment is EURCZK. We are currently below a dynamic trendline holding since February, in a steep bearish movement for EUR since the upper resistance was hit at the end of October. The retest already took place, and we think the two targets for the following days/weeks are 26.00 (a...
A simple copy & paste to demonstrate what Bitcoin is capable of. For fun only, not a predictor..
tops are quick like beras in bed, idiots