Get started

Abcde

USDCHF Brexit and ItalySNB have cited multiple times, that they are not afraid of intervening their currency. According to SNB, the CHF is highly valued and there could be something about the talk. But With brexit around the corner + italy budget crises, CHF could be lifted even more. on top of that, some German banks cited that Germany have higher risk of entering a recession. I am betting against a brexit deal, and we could see that brexit will be delayed. + italy not accepting the budget adjustments by the EU and the EU not accepting the italian budget. On the flip side.. There could be some agreements regarding the Italy budget from both sides and Uk´s brexit. which could expose CHF to the downside + SNB intervening at the same time. adding shorts at 1.01516 target around 0.97900
Short
by Fx-AlphaStrats
WAVES preparing for moonshot or...WAVES have couple patterns playing and we need to see which one will play although we're inclined for continuation of uptrend. There's a big symmetrical triangle which is main one and we did ABCDE completion inside, now we should have a leg up to 13278 SATS (not so fast)! This symmetrical triangle is crossing with a descending triangle thus we need to be careful here... break below 69nn would play descending triangle and be awful. To complement the symmetrical triangle there's an ascending triangle smaller than those two previous patterns that should go to top for test of 0.618 and retrace making E of ABCDE on ascending triangle. A break up above 0.618 (which is in fact 0.38 - my fib not upside down, I want to show -0.236 target at 13278 SATS), will be confirmation of symmetrical and ascending triangle that will lead up to targets depending on market conditions aka BTC. Breaking the symmetrical triangle which has completed ABCDE will lead us to resistance of 0.618 and most probable retrace to test bottom of ascending triangle, which will also be the conclusion of ABCDE of ascending triangle and we're bound to break up! :) Depending on your entry: TP: 8900 - 9507 - 10666 - 12090 - 13278
W
by Jnsane
1
BTC: Elliott Wave ABCDE triangle correction on the wayIf everthing goes according to the chart, then it's pretty simple: From here on, BTC goes to $3900 to $4000, then drops and breaks the triangle, possibly breaking the $3150 support (December low) and completing Wave 3. So the entry on the short side - breaking the $3500 price level, would happen around the beginning of February (implying that BTC will hit $3900-$4000). At the moment, as long as BTC stays above $3550, we are bullish and aim at the targets mentioned before. Safe trading!
KRAKEN:BTCUSD
by SparkLife
DLT (Agrello) Symmetrical Triangle ABCDEDLT the tittle says it all, those setups that is worth to see develop! There's hidden bullish divergence on RSI. Making another higher low and consequently (if doesn't break up) another lower high on PA (Price Action), should mark another lower low on RSI for confirmation of the bullish hidden divergence (3rd point) - continuation of uptrend. Hopefully we break up right after the lower low on RSI (3rd point) and touch the bottom of symmetrical triangle. This is indeed a perfect setup, but as we know, not always play, especially completion of targets. So, be aware and book profits or use TSL (Trailer Stop Loss). - Trade the breakout! PM for any info!
DLong
by Jnsane
PART 2 BTC: Break Out The Red Panties - D4 Made Us Rich, Baby!Dear Friends!! Did you call your wife yet, and told her that D4 made you rich? - Anyway, you can still do it! So we went up as expected, but I have corrected the waves a bit. Just a reminder - we are still following my predictions from many days ago. As you can see we have finally reached our 5th wave on the bigger B Wave - It's time to a smaller retracement. We will go just above 4k if we make an ABC Zig-Zag. We really don't want to retrace more than 50 % (orange boxes), since it will ruin the bullish momentum. This is looking good overall, guys! Bulls are back. 140 B USD in Global Market Cap - 20 B USD Volume. Powell Rally in traditional markets also! I'm convinced we continue our uptrend and we will go above 5,000 USD now. Let's see. D4 Loves You <3 A LIKE is much appreciated if you like the content. Thanks in advance - LIKE, LIKE, LIKE :)
BITMEX:XBT
by D4rkEnergY
74
GBPNZD | Bull BiasThe GBP has been dragged through the dirt for the past month, mostly due to Brexit talks and other uncertainties - Currently we have witnessed a falling wedge, ABCDE Structure, H&S pattern and a Flag Pattern all forming the previous week - This can be seen as move as an aggressive correction to the macro downtrend, more than a reversal - The bull bias will be confirmed on the break and close over the flag break and close - Price is projected to reach the (D) leg at 1.92800, while anything over the 1.86247 is considered invalid
Long
by WinterFieldFX
ONE BITCOIN SCENARIO : Technical and fundamentalTECHNICAL In that kind of scenario, you should understand that power of moves depends on how many investors are looking in the same way. The triangle represents well that vision. Monthly investors don't have any signals to feel that is the time to enter. We still are in the huge correction we began few months ago. So if monthly investors are not buyers, they are inactive or sellers, and you could try to fight the market on other time frames, you may lose. On the chart, if the red candle close below that could be bearish. So how to detect monthly investors entering ? -> You should look at the monthly time frame to look at the main supports. Here you have the next support around 4300. -> Stochastic needs to be oversold -> RSI needs to retest 50 neutral fib -> We need a huge volume that indicates the end of despair (all pessimistic investors leave the markets and sell their coins to optimistic ones) Technical conclusion : Whether you are trading, you can't see on the long-term, and your trading strategy needs cautiousness. Or you are looking for long-term investment, you need to wait signals. FUNDAMENTAL • Other markets are correcting (securities, indexes...) • Altcoin markets give reversal and bullish signals • Bitcoin and other USDT pairs seem bearish What I think about that ? Bitcoin crash led a huge crash for altcoin markets because those markets are still new and not strong yet, projects don't have real long-term investors and the last bubble was only speculative and emotional results. Now they are undervalued, even if there are really good projects. Tomorrow may be the golden day when you would see great bullish signals on all altcoin markets. How we could explain that ? Bitcoin weaker and weaker, investors are more and more looking for saving their money. So we would see an investment leak to stable coin, and also altcoin markets that are undervalued. Moreover, as other markets like securities one are correcting and may be beginning a crash, we would also see an investment leak that gives more credibility to crypto assets. Thank you for reading, hope that may help you to think about the situation. Agree, comment whatever you think, I may be not right. The most important is not to be right. Have a nice week ! (Sorry if my english is not perfect, I'm neither native nor bilingual)
BITSTAMP:BTCUSDEducation
by HatrekoS
2
USDCHF: Vulnerable, Retains Its Bearishness USDCHF: The pair looks to move further lower as it continues to hold on to its downside pressure. On the downside, support lies at the 0.9600 level. A turn below here will open the door for more weakness towards the 0.9550 level and then the 0.9500 level. On the upside, resistance resides at the 0.9700 level where a break will clear the way for more strength to occur towards the 0.9750 level. Further out, resistance comes in at the 0.9800 level. Above here if seen will turn attention to 0.9850. All in all, USDCHF faces further price weakness.
Short
by FXTechstrategy
Because when you start a new TV account,your BTC opinion mattersLets get to know each other better. I am bullish CRYPTO and I am bullish BTC longterm. But I am currently still bearish. Heres why. My opinion is and always has been following an ABCDE correction. Have I called the end sooner than we currently are. YES. I think we all have. But as soon as those 3 waves followed a strong downfall instead of 5 I knew I needed to go back and recount my waves once more. I think we all have at some point or another. In an ABCDE wave you will notice that A is the crazy mumma with her babies C and E so close in age (making mumma crazy of course). The babies look pretty similar but one is slightly bigger than the other. Maybe from a distance they look like twins but when you get closer you'll notice that one is slightly older. Lets call the big baby wave Charlie. He was the planned baby. Mumma wave A knew he was coming, but oh baby wave Eddy was a surprise. Mumma was breastfeeding and didn't think she needed birth control, and whoops. Anyway, lets get technical. It looks to me like we're currently in sub-wave B of E. More specifically, about to start subsubsubwave 5 of subsubwave C. My original target was and remains 7176 but IT IS VERY POSSIBLE to extend to 7450 before heading down for subwave C When will I believe were in a bull market? If we break 7900 Where do I see our lowest low? 5378 xx Making charts to buy wine and pay for surfboard repairs. #nofinancialadvice
BITFINEX:BTCUSD
by River-crypto
6
GBPUSD (Cypher Pattern and Bat Pattern) -1h Chart=Confirmations for Cypher Pattern: - A to B must touch 0.382 but cannot exceed 0.618 - B to C must touch 1.272 but cannot close below 1.414 (Trend-Based Fib Extension) - C to D must touch 0.786 - 0.886 of X to C - First TP at 0.618 of D to C (Fibonacci) - Second TP at 0.382 of D to C (Fibonacci) Bat Pattern confirmations: - A-B must touch 0.5, but cannot touch 0.618 - B-C must touch 0.618, but cannot exceed A (FIbo A-B) or just keep an eye on that 0.236 - D completion at 0.886 (Fibo X-A) - take profits at 0.382 and 0.618 (Fibo A-D) - third TP would be long term back to where it all started Good Trading. - 1h Chart
Long
by DanielParra99
ETH IN TROUBLEHello guys, It's been a long time since i have published a /BTC pair chart. I don't really like to do it for some TA reasons. But there is a massive pattern we can't ignore anymore. NOTE that the stop-loss is particularly important in this trade : symmetrical triangle can break both way (50%) and for now the volume hasn't confirmed the BREAKDOWN (but volume is not very reliable in /BTC pair), because there is a breakdown for now i think it could be interesting to sell ETH to BTC -0.39% (or even better to fiat). ETH enjoys triangle : last time he breakout of a similar triangle it was in November and ETH ran from 400$ to 1400$ in absolutely no time. Today ETH is looking for a breakdown unfortunately and i think the previous low of 0.022 is a decent first target with a potential V bottom due to some excessive panic sell to 0.013. In a bigger count, i think this massive triangle is only a part of the wave 4 on 5, in this case wave 5 would create a new ATH -1.03% for ETH/BTC 8.77% pair in the coming years. But for now yes, a -75% correction for ETH/BTC 8.77% is possible and in a BTC/USD bear trend it could be very hard to sustain for holders. So i just want to warn people who are not able to hold for years (or at least months). I don't like to post fundamental analysis but in this case the breakdown could be in link with this : bitinfocharts.com If there is blockchain analysts or we know something about this spike please tell me it in comment. As Always i'm not financial advisor, i do it for my personal training and entertainment. Feel free to post a comment, give me a LIKE and follow for more updates. Have a lovely day. Cheers.
Short
by KassandrA_dotcom
30