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Alltimehigh

SPY, Is tomorrow judgement day for the market?With a close below the 200 day moving average, the big question is, does this continue? Make sure you press like and follow so I know you want more ideas like this!! Here we examine the 4hr chart. While things have seemed bad for Spy lately, if we break down the broader term price action, we see an ascending channel. This channel began on a gap up after a corona panic induced sell off. Actions has been on the upper end of the midline throughout the majority of the trend. With steam slowing down, this one could finish of the lower end of the midline if the upwards trend reclaims this week. Spy needs to bounce upwards off the 200 day moving average with a close above said average to show any signs of hope. Heavy support around the 320 area, bulls need to reclaim this area and turn things around Lets focus on a current time frame with projections into the Presidential election. Do investors see 1 more opportunity left into October, or do we start to break down out of the channel and into a new trend? Spy is extremely oversold on many intraday time frames, nearing oversold on the daily. All indicators included, in my opinion, this one is very much up in the air. With so much uncertainty in the air do investors pull the rug and take the cash to their portfolios and let the bears run loose, or do the bulls reclaim the price action back into a bullish movement? This could be the week we find out
AMEX:SPY
by king806
7
GOLD Leads BTC!!!Since the COVID Crash of March 2020, It is apparent that Gold has been leading Bitcoin! - Gold leads the charge on the 19th March 2020 and was first to enter its Consolidation on 14th April 2020. - Bitcoin entered its consolidation on 7th May 2020 lagging Gold by just over 3 weeks. - Gold exits its consolidation an starts to make new All time High @ $2,074 on the 7th August 2020. - Bitcoin continues to consolidate for another 7 Days before it breaks its consolidation on the 27th June 2020. - Bitcoin makes its new High on the 18th August 2020 @ $12,472 which was 11 days After Gold made its All Time High. - Gold has just broken out of its Symmetrical Triangle and based on the previous 6 months is Bitcoin again about to follow suit? Only time will tell... Risk Management is the MOST IMPORTANT process we can understand as Investors and Traders. These Ideas are NOT 'Financial Advice'!. Scenarios are based off a mixture of TA and Fundamentals current at the time. All IMO GLTAH. Happy Hunting!!! *Prices will differ depending on Charts Used
BITSTAMP:BTCUSD
by Trader_Johnni
62
New All Time High? 💥 We are ready! The crypto community is ready! The whales are ready! But not so fast. This doesn't mean the bulls are ready to take on to new all-time highs. Before Ethereum is poised to set out to new highs, we need to complete the current correction pattern. As long es we don't see prices dropping to at least $288, the light for another Rallye will not turn green just yet. This correction is absolutely crucial for further upward movements. We highlighted the potential turnaround zone in yellow. We are looking to build up long term trades in this region. To continue the journey to $288, the bears need to stay below the red line at $450.70. If the correction pattern of wave 2 in blue is properly completed, the way for another impulse is paved. The next weeks will be exciting! Stay tuned for further updates! Discussions Welcome, happy trading!
BITFINEX:ETHUSD
by MarketIntel
2
On the way to 20k !? 🌌Is Bitcoin gearing up for a new all-time high? The "to-the-mooners" 🌚 will blatantly nod their heads, but also the Elliott waves might suggest that a new all-time high is coming. However, this bold statement comes attached with some conditions. Most important, we need at least a corrections to price areas of $8200, where the ideal price target for a wave 2 is situated. We highlighted the area with a yellow rectangle, indicating a potential turnaround zone. From there, the bulls need to launch the rocket to initiate a first impulse movement with a solid 5 wave pattern. The next weeks can be crucial for Bitcoin and might pave the way for new all-time highs! No, go zone for the current correction are price areas below $7243 as chances of a bigger correction increase. Call your trusted Lambo dealership in advance; they might be running out of cars shortly! (please mind the irony) 🏎️ What are your thoughts? Happy Monday!
BITFINEX:BTCUSD
by MarketIntel
BTC- Two Highest Monthly Closes, 12-31-2017 & 7-31-2020BTC just closed it's Second Highest month in it's Entire History! Previous and Highest Monthly Close was 12-31-2017 ...Closed the month at $13880 on Stamp. also hit the $20,000 All-time-high that month... Last Month, July 31 2020, was the Second Highest Monthly Close in The Entire History of Bitcoin...@ $11356.....Think about that one.... Also ...Do you think that Chainlink is possibly leading the market, first mover??? Seems to be moving right before everything else...?
BITSTAMP:BTCUSD
by Chefrusty
XAUUSD BUY: No way to The DownsideHello traders! There is no way to the the downside for Gold. Its next TARGET is 1940 which is ALL TIME HIGH and we will not miss this trade. This will be another 500+ pips target in this month. At the end of last month I gave you Buy signal from 1748 to Target 1801 which end in 500+ pips. We are up 750 pips in this month. According to the movement of gold i think it can hit the Target in this Month. But I am not good at predicting the TIME But i am excellent in Deriving the Target. Thanks to my strategy Every month is in profit now. I wish i would have figured out this strategy Early. Gold performance May ends in 1000 pips profit june ends in 1100 pips profit July up 750 pips Hit the Like button If you Like my analysis and making money from it. I am posting it to Make money Not for Fun Because its real money making strategy. I will also start telegram channel soon and you all will be Millionaires. We will kill the Brokers monopoly with the Help of My strategy.
FX:XAUUSDLong
by Aadil1000x
13