AND
BTS/BTC - Cup & Handle - 1D A cup & handle formed on the daily as I predicted yesterday. We can set the target at ~195 sats using Fibonacci retracement. This is slightly below the Fibonacci level.
It might be smart to sell here, wait for a sell off and buy it back a tad cheaper.
Cup and handle is a bullish pattern that indicates an upward movement after completion. In the current situation, this would indicate that we will see upward movement the coming week.
Bitshares is also going to make an announcement today regarding staking & NFTs, which could give us more upward momentum.
The MACD has bounced, giving us room for bullish continuation. The StochRSI is also low and pointing upwards, which could indicate bullish continuation aswell. We have hit the 150 sats zone a lot recently, we have to break through these levels. If this happens, I believe we can easily approach 200 sats in a short period of time.
I think BTS is looking good, both on short and long term. The coin is heavily undervalued and I believe it will most certainly reach its 1$ ATH again.
For the short term, you can use Fibonacci retracement tool to find major sell off points. On the medium term, I think 0,095$, 0,11$ and 0,20$ are good targets.
And for the long term, I think this coin can become worth anywhere between 1 and 15$.
AAVE short shortPotential short term short opportunity.
Might offer a long opportunity also. If it rebounds back above the neckline and invalidates the H&S, it would likely be a good long, as bulls would be back in control.
Right Shoulder on Dow/GOLD?I had drawn up this chart not long ago, with 17.7 as a significant level of resistance where god might begin to outperform and allow it to catch up on the otherwise stellar performance of the DOW in comparison.. No way of knowing but with time!
we can see that the it seems over-extended, and that the stoch is turning down. It also might require a re-test of it's channel breakout.. a failed re-test is where I would get excited, but I'm not holding my breath!
Unilever, Long at these pricesUnilever currently down due to widermarket conditions, investors have been putting money into growth, tech and recovery stocks, now its being dragged down due to wider downtrends. when people look for a safe place to park up, theyll come back to unilever and P&G. Unilever are currently restructuring they're portfolio with they're tea businesses and other areas. with more potenital growrth on the table for investors in the years to come, unilever is looking like nice buy around these levels. doubt itll go lower than £35
A retail shakeout would be quite the rodeo wouldn't it? (DJI)I am watching for another potential shakeout before our parabolic run and repeat of the roaring 20s
Not personally even trading this move but I am trading cryptocurrency and they both dropped together in the COVID panic of 2020.
what if we see another flash-crash? are you prepared for such an event?
Take it for what it's worth since I'm not trading the DOW personally here but that can also be another reason to consider my less biased view.
Drop or no drop I do expect a lot more upside before another repeat of 1929 BUT it is coming and WILL happen maybe even exactly 100 years from the last one in 2029.
Stay profitable my lovely traders/investors.
- Dalin
EURNZD potencional short break&retestPrice followes the downtrend channel from 14th January 2021 and still continues.
SR level which is important for us is 1.66450 which is going to be our break and retest level. We will wait until graph test it again and goes short.
USDCHF potencional shortPrice followes a trend for a long time. We can see on 30min TF that there is a SR on 0.89562 which is going to be our setup for break&retest.
Im looking forward to next week
EURUSD sell bias for the weekExpecting this pair to create a double top, then give me an entry Reason to sell. (Engulfing candle, indecision, shooting star, morning star, harami).
This trade is highly probable considering the last low created, and the new high in progress.
CUP n' HANDLE on the OXT chartShwatup doe!
Check it,
TP targets @
$1.22 (Conservative)
$1.75
$2.35
$3.00
$4.00
Wait for breakout at $0.79 for conservative entry
One Love <3
Sunday 14-02-2021Today we've reached new ATH and the walles are having lunch now.
We have a few areas of new support and resistances, but too new to consider them safe. But, we can take into consideration for now.
I am looking forward to short and long on those extreme lines. Short on Resistance and Long on Support of course.
All the best
USDJPY// UpdatePrevious Analysis linked below.
Price came back down to retest the zone and the TL that was broken and found strong resistance. A crab pattern was also formed on the touch of the zone.
Check out my earlier analysis in the comment section to see my view of it.
FED TO RAISE MARGIN AS BUBBLE PEAKS At the PEAK in gold 2011 most everyone was taking positions from Yale most every Ivy league school in a billion plus $ as with AL BUBBLE The fools gold thinks they are smart to and that others will jump in in THE GREATER FOOL THEORY TICK TICK TICK BOOM WE ALL FALL DOWN AND THE FED IS ABOUT TO CHANGE THINGS
Adam+Eve on $BTC chartNot in a bear trend but $BTC tend to form W even in bull market so...
Eyeing 40k then 42k
Similarities between Cup and Handle and A BullflagThis Bullish log chart for BTC shows a clear cup and handle
Yet these could be acting as a quasi-bullflag, flagpole at the same time.
Both experience an upward move initially (cup, flag-pole) and further consolidation period (handle, bullflag)
Both are bullish but experience a similar development as bullish tools. That will always continue to form over time.
The handle if viewed in a 3D state can be seen as 'protruding' much like a flag on a flagpole. Creating this distinction.
