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Alltimehigh

Bitcoin Long Term TrendGood evening ladies and gents. I have spotted Weekly Hidden Bullish Divergence on the MacD as well as RSI Bullish Convergence. These are both starting to round out. I am aware that many people are looking for a measured move down to around the 6800-7400 area, but that may not happen. Still could of course, but looking at the larger time frames, it's looking less likely ;) . I'd also like to mention the alt coins and where they are at. A lot of these alt coins are at the bottom of their overall bull trend showing Hidden bullish divergence, regular Bullish Divergence and Bullish Convergence. Too many coincidences for this to be just another random idea. These are actual technicals that I am displaying. This chart is on the log scale by the way! We have been in a down sloping channel for the last few months now after a large rally from our 3k bottom. We have only retraced 38.2% of the way. We are in common retrace areas after an impulse. So Price reversal from where we are at is most certainly possible! This is the .382 on the log scale! On the Linear scale, you have retraced over 50% of the way and nearly hit the .618 which is at $7200. In my chart, I have depicted two measured moves. This is a potential bull pole, bull flag pattern. In that case, the measured move takes is perfectly on the Log Scale at the 1.414 Fib extension around $42k. That is right, I fucking said 42k. Just an idea for now of course. This isn't certainty. The Gaussian Channel Tool is also teal on the Weekly time frame. Currently testing the top of it ;) I wish everyone a wonderful rest of your day and night! Twitter: twitter.com If you want to be a loving supporter of me and my "ChArtworks" $BTC: 35tmT7MAQXZm7rr1KzZMWNRpN2iyrnSB4z $LTC: LVfCT9fu4dYyFAo5cW5xLrzHZHWFoG85hn $ETH: 0x390d207b9bde62f2806caddfb94809de61da50d9 $x42: XZXm43FJcZHEVNs9dh8mdfzWyY6VfmJvPc Donations are never required but they are seriously very appreciative! Your Supportive comments and follows are just good enough too :D <3 Join the best Crypto and Technical Analysis Community in the world! Discord: discord.gg (Mitch Ray's Channel) Amazing community and I highly recommend checking out Mitch Ray if you haven't yet!
COINBASE:BTCUSDLong
by ChArtWorks_TechnicalArts
EURNOK in resistance zone near all-time high (rising wedge)EUR/NOK has reached a resistance zone near the all-time high of 10.1573 + spread and may be in a rising wedge. It could be a good long-term short from here (over 10.06), as NOK have been raising interest rates this year (last on Sep 19th), now at 1.50%, due to a solid economy. I'm short from 10.06237 and 10.06587. A short with TP 2000 pips (9.862) SL 2000 pips (10.262) makes the TP within reach and the SL substantially above the all-time high, and if approaching the TP the stop could be moved to 80% of the current profit, and the TP pushed down - perhaps with a partial close performed at the TP level - it could go down to 8.794 if the rising wedge is real and broken or even much lower. Be careful - spreads are wide, pips are small and volatility can be high on this exotic pair! If you take a position (do your own analysis), I recommend very small positions held for the long-term.
Short
by SebFX
BTC Longer Term Projection | Parabolic Rise!Hello Traders! New Week Monday Today’s chart will be a bit different, we will have a look at the longer term projection of BTC, remember this is pure speculation, no certainty… Points to consider, - Parabolic rise that retraced and held support - RSI held above 60 in the bull market - Stochastics traded above 70 in the bull market - EMA’s held price as support - Bull volume noticeably increased There are striking similarities between the previous bull market and the one that we are inevitable heading into right now. Price had a blow off top and established a support base (green zone) before the EMA’s came into play. The EMA’s supported price as it traded back towards the ATH, here volume picked up drastically, Bitcoin went on and completed its next parabolic rise… Bitcoin right now has come out of its support base (green zone) and the EMA’s, similarly, is supporting price as BTC makes its way back to its ATH ($20,000). We need to see the RSI enter back into the orange box, where it traded last bull market, same goes with the Stochastics. Volume also needs to pick up as we approach and retest the ATH again. It will be interesting to see how long it takes BTC to break its ATH; previously it took 455 days from support base. Using this Metrix, we can assume that the ATH will be broken some time mid-2020. Again this is pure speculation; anything is possible as there is no certainty in the markets, especially Bitcoin! What are your thoughts on the longer term aspect of Bitcoin? Please leave a like and comment And remember, “Sheer will and determination is no substitute for something that actually works.” – Jason Klatt
BITSTAMP:BTCUSD
by The_Alchemist_Trader_
1
Gold. Will We Touch Previous All Time Highs?!Hey guys. Ill keep it short as always. I have a feeling this gold rally is just getting started... There has been talk of an upcoming global recession and negative interest rates are becoming a regular. Negative rates are also negatively correlated with the price of gold which is bullish for bullion. We will probably see allot of speculative buying because of the listed reasons... this should propel gold to previous all-time highs
TVC:GOLDLong
by Augustus_Lee7
1