2020
Run to 13k - 14k with support at 10500Let's see if this plays out. Run likely not over. Consolidation from 10500 - 11500 then we head north in the triangle until we fall out and once again test 10500. Unfortunately I see us spending time back down to 8k and 9k for another accumulation phase, while BTC alt pairs make their runs, but they don't necessarily reflect USD appreciation until next BTC bull market spanning across the mid 2020's decade.
Check out my long term XMRBTC chart and ETHBTC chart below. Both playing out. Show some love thank you!
All for the speculation of the uncertainty, not financial advise.
AdaniPorts Intraday Opportunity Narrow CPR - 17-Aug-2020We can trade AdaniPorts for indraday because it has Narrow CPR on 17-Aug-2020 . You can Buy near CPR if it's trade above CPR or Sell if it's trade below CPR and Book profit near R1, S1 or trailing for more profits
R1 - 353
CPR- 348
S1 - 343
Must comment if it's work for you.
If you want youtube tutorial video on Narrow CPR, you can request in the comment box
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HINDALCO Intraday Opportunity Narrow CPR - 17-Aug-2020We can trade Hindalco for indraday because it has Narrow CPR on 17-Aug-2020 . You can Buy near CPR if it's trade above CPR or Sell if it's trade below CPR and Book profit near R1, S1 or trailing for more profits
R1 - 189.40
CPR- 185.0
S1 - 180.40
Scenario at play | Mid term: BTC to 15K USDScenario still at play. 1 BTC = 14-15K USD for September-October-November of 2020 following simple trend inertia guided by ascending channel on weekly candles.
Azarous funamentals
Predominance of buying volume overall. Selling volume is only higher when it hits, but immediately after this, steady and considerable amount of buying volume, shows up for various consecutive days. (See it by yourself in daily candles.)
The amount of BTC 'hodlers' has been recently hitting all-time records, signaling a bullish market sentiment for BTC:USD.
Whenever we see price dropping it, we see quick buying and pumping, during those short-lasting dips in price.
Please press like if you agree with the basic idea. Cheers!
Bitcoing holding signaling bullish market sentiment
- cointelegraph.com
- nairametrics.com
- www.tradingandinvestmentnews.co.uk
GBP/USD Forecast | April 28, 2020Hello everyone! The British Pound has now hit an extremely important resistance zone at 1.25000. We're currently seeing a reversal starting to form but we need to wait for further weakening of the GBP in order to confirm a true bearish reversal.
So how are we going to do for our upcoming move? Well, we need to look at our current situation. We currently have market reaching a strong Hourly, Daily, and Weekly resistance zone at 1.25000 and it's reversing at that point. We have also completed the Head-and-Shoulder pattern at the 1.25000 resistance point. Therefore, we could see a very strong reversal about to occur. We still need to wait in order to confirm a proper reversal but I would suggest placing a "Sell Stop" at a lower price point to be on the safe side in case this is a false reversal. However, I believe the GBP will DROP! I will keep you all updated as the markets move! Stay alert!
Thank you,
- ALPHALICIOUS
Disclaimer: This is my personal opinion of the markets. I am not responsible for any trades that you take. Please use proper research, analysis, and risk management when trading. Thank you.
GBP/USD Forecast | April 22, 2020Hello Traders! Hopefully you took advantage of the HUGE movement that I forecasted yesterday! GBP/USD is respecting the "Head and Shoulders" pattern which means we're going to see big opportunities to make big money.
For now, we might have a possible reversal to the upside as prices have reached close to a key area around 1.22235. Markets might continue downward more in order to retest our key area or it might actually start the reversal up. I would suggest placing a "Buy Stop" order at a higher price in case markets do continue upward. Once the bullish reversal is confirmed, I would set up 1st Take Profit at 1.23990, 2nd Take Profit at 1.24230, and 3rd Take Profit at 1.24450. As price continues to increase, you can trail your TP and SL accordingly.
Again, markets could continue lower for a retest or this might be where the reversal begins. Either way, with a "Buy Stop" ready, you will already be prepared!
Thanks,
-ALPHALICIOUS
GBP/USD Forecast | April 21, 2020Hello Traders! Considering the current status of COVID-19 and the upcoming UK Claimant Count Change (Unemployment Claims) that will be released in a few hours (Around 1 a.m. Central Time), we could expect to see a downward movement of the GBP. If unemployment rates are worse than expected, we can take this opportunity to make a profit by selling the British Pound. Again, due to the extremely high volatility of the markets in these past weeks, there still is a possibility that the markets could bounce up instead. For that reason, I would suggest using "Sell Stops" at a lower price point instead of current market execution so that you can add a layer of risk management in case the markets don't move downward.
Thank you for considering my opinion on GBP/USD!
- ALPHALICIOUS
Disclaimer: This is my personal opinion on the upcoming markets. I am not responsible for any trades that you place. Please trade using proper risk management and your own analysis. Thank you.
CL, will it break the trading range down!!Hello traders,
What about Crude Oil Future!!
CL had taken an upward trend, after each level (A and B) CL consolidates it. Now it’s stable inside a trading range.
So we have the break down of the VWAP and support trend, If CL was capable to break the trading range down, we expect CL will decrease to rebound on level B.
Once it reaches level B we should wait weather it will break it up or down. To note that we insist on the need for a break of the trading range, if not we should wait new signals to know the new trend.
Thanks for reading this CL’s analysis.
I hope it helps you in your trades.
Storebrands strong dividends to support 56 NOK price tag?Storebrands operates in banking, asset management and insurance.
The insurance segment has filled up its coffers according to the solvency II regulation, meaning there should be plentiful of cash accessible in the future for dividends which should interest investors looking for good cash flow and dividends.
The trade is not a super exciting trade but feels like a rather certain one at current prices which is low by historic standards.
The main risk with the trade is negative interest rates which could affect the insurance operations negatively. The main opportunity is a change in investor sentiment towards companies with strong cash flow and dividends.
I set my first price target at 56 Norwegian crowns (NOK) which is around recent highs. My stop loss is set beneath the trend line (see the chart) and beneath recent support at 48 NOK.
Long term I believe that the Storebrand will trade higher, perhaps reach 60 NOK in 2020. However, the path there is not very likely without retracement. I will use retracements as buying opportunities provided that the overall trade fundamentals remain intact throughout 2020.