FLO/USD - Watch this oneLots of buzz building around FLO due to partnerships with Medici Ventures and the implementation of the Open Index Protocol into projects including CalTech Tomography Database, Medici Land Governance, Ravencoin, Publish.io, tZERO.
This could be one of the big winners for 2019. FLO is illiquid and somewhat scarce: it was created in 2013 and has already mined 151,000,000 of the 160,000,000 max supply. DYOR
*This is for informational purposes only and is not investment advice
2019
USDJPY, bullish trend in Week 13, how about Week 14?USDJPY moved accordingly to our analysis of Week 13, it made a bullish move as expected. Even though the move was not large, but any traders making a long position would be able to make good gains out of their trades. Congratulations to all traders longing USDJPY!
For the week of 13, we can see that it completed a three level of Bullish trend. Even though the last level is very small and close, but it does fulfill the principles of the analysis, thus it was being identified as a bullish zone.
On Friday, it ended the week with a possible reversal pattern at level 3 of the bullish, thus we gain comfort in looking at the pair to regain the bearish move in Week 14.
I would be monitoring the pair and would be shorting them for Week 14, align with the outlook of the analysis.
I hope all traders continue to make a good profit in the coming Week 14. If my analysis helped you in any way, please like and follow me in Tradingview, thank you!!
USDCHF, slow move in Week 13, can it resume in Week 14?USDCHF did move upwards in Week 13, even though it moved according to analysis, but the move is more of a consolidating move than a strong move. Nonetheless, traders who went long on this pair would be able to get some profit out of USDCHF.
In Week 13, it managed to break into Bullish level 2. Possible reversal pattern was spotted at level 2 and the lack of a strong move pointed me to a possible trend reset at this area. Meaning a brand new Bearish or Bullish might be formed.
At this current stage, it doesn't seem that the Trend Reset has been completed, thus I am putting a neutral take on this pair. It is unlikely to expect the move after the Trend Reset as it can be bearish or bullish.
So for Week 14, it would be wise to avoid and watch the movement of USDCHF. I would suggest for traders to wait on the line and continue to monitor until a firm signal has been issued.
I hope all traders continue to make a good profit in the coming Week 14. If my analysis helped you in any way, please like and follow me in Tradingview, thank you!!
EURUSD, Beautiful Drop in Week 13, get ready for Week 14EURUSD made a wonderful drop in Week 13 as expected. For all traders who shorted, congrats to your big profit! It was a swift move and it didn't post much risk to traders shorting them.
The bearish move of EURUSD was quite strong, and it only started to consolidate and giving hints of reversal on Friday.
The bearish trend sees 4 level of drop rather than 3, even though the last level of the drop is not really a consolidation level, but it fulfilled certain criteria so I named it as level 4.
Nonetheless, even though it is a 4 level drop, traders who shorted it might see minimum losses if they expected the reversal to be at level 3.
For Week 14, I am expected a bullish movement and the analysis pointed a bullish trend in Week 14. Therefore I would be going Long on EURUSD for Week 14.
I hope all traders continue to make a good profit in the coming Week 14. If my analysis helped you in any way, please like and follow me in Tradingview, thank you!!
GBPUSD, what is going to happen in Week 14?GBPUSD moved as expected in Week 13. A good drop and forming a level 3 for the bearish trend. I made some profits from the move, and I hope other traders have profited from the move as well.
The second level of the bearish trend did make me think twice about my analysis, not the question that it may be a bull trend. But rather, is there a trend reset going on and would the pair continue heading south. I arrived at my conclusion that I might be over thinking and I would just follow the analysis and manage my trades well.
The bear move was strong, however, Friday seems to have halted the move. It moved another 100 pips downwards on Friday but it ended the week with a push upwards. It showed a sign of bull returning into the market and that gave me comfort to say that for Week 14, a rise is very possible.
So for the coming Week 14, I am confident that the move would be point upwards. I would be monitoring and taking long on GBPUSD.
I hope all traders continue to make a good profit in the coming Week 14. If my analysis helped you in any way, please like and follow me in Tradingview, thank you!!
BTCUSD Bitcoin 68k target in 2019?Based on logarithmic fib extension and previous parabolic cycles, next Bitcoin wave should top off at around ~68,000$ point. Parallel channelling, that worked really well in the last couple of years, suggest the date of October 2019, which seems unlikely now, but something to keep in mind.
Best regards,
MHW
Ethereum Mirroring Bitcoin's 2011 Double BottomHi everyone! Before we get started, please hit the like button to put this idea on the top spotlight.
For those who have been following our charts on Tradingview and Telegram, you know we have been offering a unique perspective on the market for quite some time. If you remember well, we were the first to point the double rising and falling wedges at the current levels on both Bitcoin and Ethereum (see link at the end of the post to related ideas that was posted a month ago for Ethereum).
On this chart, you can clearly notice how we mirrored Bitcoin's Bear Market in 2011 by performing double rising (in blue) and falling (in orange) wedges on Ethereum above two support levels $180 and $102. If you look carefully at our log chart, you notice that the action through the Bear Market is roughly 85-90% similar. So what's the take away from this chart?
Based on this fractal analysis, it is safe to say that:
1. Ethereum has very likely bottomed at $84-80 in this Bear Market
2. We are currently in a very long sideways range above $125 that started from February 22 until April 15 (maximum May 1st). We have delimited with a red vertical line on the chart on April 15 where most likely the shake out and double bottom will happen.
3. Sometime around April 15 to May 1, when the distribution has been completed at the $125-150 range, Ethereum will wash down in a strong shake out to $84-80.
4. That shake out will aim to get rid of all the inexperienced traders who bought near the resistance and put a proper bull reversal through a big double bottom at $84-80. 5. $84-80 is where you can look to fully buy back on Ethereum (you can mirror the buy on almost all ALTS - except the ones that have no future)
6. Meanwhile, until the sideways above $125 ends, ALTS will randomly start or seek to continue their bull run.
Like this chart and follow us to get updates on this fractal analysis. It takes 1 second to show appreciation to the work put in and shared with you. Together, we can be a strong Crypto community. Don't forget to share our idea with others while referencing our work.
GBPUSD, can Week 12's bear continue its move in Week 13?Before I begin, a big apology to my fellow traders as I did not post the analysis for Week 11. I was in one of the broker's annual dinner hosted in Malaysia and I did not have my laptop with me, thus I didn't present my analysis for week 12. But nonetheless, I traded and I hope all other traders profited from the up and down movement. So lets us dive into the analysis for Week 12 now and see what can we learn for our trades in Week 13.
GBPUSD was expected to make a three-level bullish move in Week 11, however, it stopped at just two levels in Week 12. I was hoping that it can reach a higher high but seems like it didn't manage to.
The bearish move came in in Week 12 moving the price downwards aggressively and ending Week 12 in a bearish level two zone.
The analysis pointed to us that GBPUSD may continue to finish its third level bearish move in Week 13 and probably make a reversal pattern which can bring us to a bullish zone one in Week 13. That would be ideal but traders would still need to proceed with caution especially a big move has been made, the market might enter into consolidation after such movement.
My general direction still remains bearish until a pattern is being formed to indicate a bullish move. I would be monitoring and scaling in for my short position in Week 13!
I hope you guys continue to make a great profit in Week 13, and please help me to like and follow me if my analysis helped you in any way! Thank you!
USDJPY, Week 12 was bearish, can it change for Week 13?Before I begin, a big apology to my fellow traders as I did not post the analysis for Week 11. I was in one of the broker's annual dinner hosted in Malaysia and I did not have my laptop with me, thus I didn't present my analysis for week 12. But nonetheless, I traded and I hope all other traders profited from the up and down movement. So lets us dive into the analysis for Week 12 now and see what can we learn for our trades in Week 13.
USDJPY seems to have reset the prevailing trend and move back up which creates another reversal pattern in Week 11, pointing to the direction that the pair would drop.
In Week 12, USDJPY continues the bearish trend and ended the week with a new low and a possible level 3 bearish zone which is the zone where the pair would have its reversal from bearish to bullish.
There is no pattern being formed and no other possible signal that we can spot here, so we should continue monitoring and no entry for USDJPY for the time being.
It would be good to wait till the formation of a reversal pattern before we decide to trade USDJPY, however, the general direction for Week 13 would be bullish for the time being.
I hope you guys continue to make a great profit in Week 13, and please help me to like and follow me if my analysis helped you in any way! Thank you!
USDCHF, a rebound in Week 12, can it stay bullish in Week 13?Before I begin, a big apology to my fellow traders as I did not post the analysis for Week 11. I was in one of the broker's annual dinner hosted in Malaysia and I did not have my laptop with me, thus I didn't present my analysis for week 12. But nonetheless, I traded and I hope all other traders profited from the up and down movement. So lets us dive into the analysis for Week 12 now and see what can we learn for our trades in Week 13.
USDCHF continues its slide since Week 11. For all traders who went short, it would have been a smooth journey. The three levels of bearish movement took some time to end for USDCHF, it took almost two weeks, but nonetheless, it finished the bearish movement.
On Friday of Week 12, it rebounded and made a reversal pattern which brings the USDCHF to almost a level one of the bullish trend. However, looking at how big the reversal pattern of the preceding bearish trend, it can be possible for the price to go back to the low of the reversal pattern, form another reversal pattern and reset the bullish trend.
That being said, I am comfortable with taking a bullish outlook on USDCHF for now and would wait for good timing to scale in my position for USDCHF. No hurry for next week, it seems like it will consolidate for a while.
I hope you guys continue to make a great profit in Week 13, and please help me to like and follow me if my analysis helped you in anyway! Thank you!
EURUSD, can Week 12's drop continue in Week 13?Before I begin, a big apology to my fellow traders as I did not post the analysis for Week 11. I was in one of the broker's annual dinner hosted in Malaysia and I did not have my laptop with me, thus I didn't present my analysis for week 12. But nonetheless, I traded and I hope all other traders profited from the up and down movement. So lets us dive into the analysis for Week 12 now and see what can we learn for our trades in Week 13.
EURUSD made great moves in Week 12, it is very profitable for traders holding positions not more than 3 days. It has got a great rise and followed by a great fall.
In the first half of Week 12, it completed a 3 level of bullish movement which hinted to us that a bearish trend should be coming soon. During the second half of Week 12, it made two great drops which completed two levels of the bearish movement and now we can see that it ended the week staying in the region of the second bearish zone.
The analysis pointed to us that it would continue the Bearish move, however, be cautious that it can continue to stay in the consolidated second bearish zone for some time since it has dropped two levels in just a short span of two days.
However, the current outlook still points to a bearish trend. I would be staying at the sideline to watch the market movement first before scaling into the market.
I hope you guys continue to make a great profit in Week 13, and please help me to like and follow me if my analysis helped you in anyway! Thank you!
-20% drop BTC is possible not approvedKinda strange think i founded
In 2014 we have 3 low points with 70% drop , 45% drop then 18% drop
In 2018 70% drop done, 45% drop done, 18% didn't happen!
Which will give us a drop from 3100 LL to 2500 price BTC
Nothing can be proved even on this chart that next move will be -18% !
Bitcoin200 MA is a solid trend, here is still possible for new lowest-low ! we have to be ready for everything, i am myself more bullish then bearish!
Have a great day!
Unemployment claims vs SPX - possible recession in months ahead?What happens when the unemployment claims start to raise?
Keep a close eye on these indicators on the coming weeks, months.
History does not repeat it self but it does rhyme they say
EURUSD, Week 10 big profit, expect this in Week 11EURUSD, together with GBPUSD and USDCHF is a big winner for week 10. They moved as expected in our Week 10 analysis and holding them through the week would have no surprises for the traders trading these pairs. Congrats to traders making the wonderful trades.
In Week 10, we see EURUSD making big movement and ending the week with a sharp V shape reversal. I am in the view that it has completed a 3 level bearish movement and it is now time for bullish movement.
Week 10 analysis would have pointed us towards a bullish movement in week 11 and I personally has no reservation about an upward move for EURUSD.
I hope all traders to continue with a profitable Week 11 ahead. Please share your thoughts below, like and follow me for my weekly analysis on EURUSD , GBPUSD , USDJPY , and USDCHF!
USDJPY, no trade in week 10, Short for Week 11USDJPY did not move as expected in week 10, rather, it consolidated and seems to complete a big reversal formation.
In Week 10, it did not rise, but rather formed a seemingly inverted U shape, which indicates a reversal. It seems like the bull power is dying off and the trend would be moved by the Bear.
In Week 10, USDJPY still remains an unsure pair even though it seems like it can be long, but I still advised against longing the pair back in week 9.
Now with the big move downwards, I would say that USDJPY can be traded again, and this time, short it all the way down!
I would be confident for the short of USDJPY in week 11.
I hope all traders to continue with a profitable Week 11 ahead. Please share your thoughts below, like and follow me for my weekly analysis on EURUSD , GBPUSD , USDJPY , and USDCHF!
USDCHF, ez Week 10, expectations for Week 11USDCHF moved exactly to what we expected, pretty much like what happened to our analysis of GBPUSD. I hope you managed to make good profit out of it.
in week 10, USDCHF completed its 3 level bullish trend. On Friday, it made a fast reversal, no double top seen on the H1 chart.
The reversal can be seen as a inverted V, and it broke a new level, so we do not need to wait for a second double top. I put it as M as an indication of reversal.
Since it has completed its 3 level of bullish movement, we would be expecting a drop in week 11. Since it has also broke into level 1 of the bearish trend, it further reinforced the bearish trend that we would be seeing in week 11.
USDCHF would be a short for Week 11, and I am excited to see how far it would go.
I hope all traders to continue with a profitable Week 11 ahead. Please share your thoughts below, like and follow me for my weekly analysis on EURUSD , GBPUSD , USDJPY , and USDCHF!
GBPUSD, ez Week 10, ready for Week 11GBPUSD moved as expected for week 10, and if we were to enter a short starting Monday, you would enjoy a straight profit through the week, how awesome is that.
In week 10, we the GBPUSD completed a 3 level bearish move, it was a great move and I am sure it trapped many short traders.
Looking at the current analysis, the GBPUSD seems to be forming the second leg of the double bottom, which is seen as a reversal pattern.
If a double bottom is being formed, we can enter a long and wait for another 3 level of movement to be completed before we can switch to sell again.
For week 11, I am expecting to long the market, given the completion of 3 levels of bearish movement.
I hope all traders to continue with a profitable Week 11 ahead. Please share your thoughts below, like and follow me for my weekly analysis on EURUSD , GBPUSD , USDJPY , and USDCHF!
Litecoin's Road Towards the HalvingLTCUSDT - Litecoin Halving Revised Chart - Top Reached at $60-64 Time for a Retrace?
Hi all, please like the chart and follow us to show us appreciation for the work and to receive further updates on Litecoin throughout the road towards the halving!
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Update 2: The top has been hit at $60-64 which was a good sell area as advised yesterday. At this moment, it looks toppy near the top of the rising wedge and IH&S neckline and might be the time for a retrace down as I pointed to yesterday in the alert mainly to two area of supports that we identified below which would be a good buy area.
Update 1: Since our last update, Litecoin kept rising within the rising wedge we have pointed to. The top of the rising wedge can be reached at $60-64 by March 12 which was initially one of our targets from few weeks ago during the initial bull run. $60-64 is also the top resistance/neckline of the large green IH&S seen on the daily timeframe which is pending the formation of its last shoulder where we would ideally rebuy back. The target of the IH&S is roughly at $94-104 which can be potentially the target of the halving rally by July-August 2019.
Looking back at why our original bearish H&S Litecoin chart initially failed, it was mainly due to the strong support from 2017 at $44-40. It was not hard to spot but mostly my mistake for not being able to focus and not expecting Litecoin to still rally that early.
Buy/Support:
$26.00-22.58
$30.50-28.50
$36-34
$44-40 - Ideal fully buy back area + strong support from 2017 + previous top holding as support +bottom of bull neckline of the ascending triangle + potential last shoulder of the IH&S in green + target of the rising wedge
50.50-48.50 - Buy 25%
Sell/Resistances:
$60-64 - Sell - Neckline of IH&S, top of rising wedge and top based on Fib Extensions - HIT
$94-104 - Sell 50% - - Target of the IH&S - Potential target of the August 2019 Halving Rally / Blue Fractal
$140-150 - Sell 50% - Potential target of the August 2019 Halving Rally / Blue Fractal
Stoploss: $38, this is a stoploss for those who bought Litecoin below $36 and holding to sell on the parabolic rally close to June-July
2019-03-05 17:05 GBPUSD SELLopen conditions:
1. EMA(20) < MA(72)
2. Pull back up to EMA(20)
3. Pull back more than 30pip today
4. London market opened
Stop loss:
5. 30pips
6. 2% risk
Take profit:
7. 1.3075, 95pips
8. The top of the last range
Notes:
1. London opened at 8:00 in GMT, order opened at 9:05 in GMT, too earlier.
TNB a buy for me...maybe...we'll seeI really like the charting of this coin. Perfect waves. If you follow this coin using today as a starting point and reverse chart it, you can see all of the impulses very clearly. I see a decision on this one coming by March 10th, coincidental with MANY of the alts in the market right now (something tells me that's either a very good or a very bad thing, but we shall see!)
I'll add that I have done zero FA on this coin and do not know much about it, I just like the way it charts cleanly. This is another one of those cheap cheap cheap alts out there right now that is teetering near death so be careful and be willing (like with any) to see it's value fall to ZERO. Don't risk more than you can afford and do not take this as your own financial advice!
GBPUSD, week 9 sharp rise, what to expect for week 10?GBPUSD made a sharp rise in week 9, and it was the opposite of what the analysis showed in week 8.
In week 8, it was expected that the pair would move downwards, rather than a rise because of the reversal pattern spotted.
A red flag would have been spotted given that a long consolidation occurred and the price did not shift down as expected.
For week 10, I would expect some consolidation and I would not trade it until a clear candlestick combination show itself. However, I would still be looking for a short entry rather than a long entry.
I hope all traders to continue with a profitable Week 9 ahead. Please share your thoughts below, like and follow me for my weekly analysis on EURUSD, GBPUSD, USDJPY, and USDCHF!
USDJPY, week 9 move gives week 10 a clear directionUSDJPY has continued its upward move in week 9 and it showed no mercy in its move. USDJPY made fast price movement and reversing back upwards after a seemingly bearish reversal move.
I continue to avoid trading USDJPY for week 9 for a simple reason. I was unclear of the direction.
However, the move in week 9 seems to have pointed out that the pair would continue its bullish move in week 10.
A reversal pattern was spotted, albeit in the absence of a three-level downtrend move. The reversal move can be seen as an H&S or double bottom, just like USDCHF.
The bull power seems to be strong in the pair as the price moved up with no reservation and no signal of any retracement. Most retail traders would expect a pullback, but I doubt that would happen.
So for week 10, I would be looking to enter long, probably in Tuesday or end Monday.
I hope all traders to continue with a profitable Week 9 ahead. Please share your thoughts below, like and follow me for my weekly analysis on EURUSD, GBPUSD, USDJPY, and USDCHF!
